In Reply to: HELP Buying M3 -- Now or 2000 posted by Scott in Md on May 16, 1999 at 18:23:11:
Well, I just bought an M3. I think I did the best thing for my situation. I really didn't want to wait to enjoy the M3, and there are still a lot of unknowns about next year's car. So I went out and looked until I found a nice '95 model - 32k miles and under warranty! If the 2000 M3 are way over priced, my M3 will keep its value and won't depreciate that much. Plus, I didn't empty my bank account and can sell the car when I'm ready for the next M3. How much car do you want? I went from a car with 140hp to one with 240hp. It might not be a good idea to jump into a 340hp monster if you're currently driving a dog.
Here were some of my concerns:
1) I heard the car will have steering wheel button shifters. Will a stick shifter still be offered?
2) I heard the car would have >340hp. Does that mean the car will be closer to $50k? I would have to reevaluate the new Vette.
3) The new 3-series was made softer, therefore, less fun to drive. Will the M3 get the same treetment?
4) I saw reference to a new model - 330i sport, which is supposed to be the current E36 M3. Just a reference from another newsgroup.
5) Will the car be of the highest quality the first year? Maybe I'll let early adopters figure that one out first.
6) Most importantly, what are my chances of getting my hands on one of them since there will be a mad rush from fanatics to grab one? The dealers should make a nice profit when this rush occur. So if I could get in line for one, how much will the dealer screw me by?
Besides, I still need to meet my goals of owning a 911 turbo, an NSX (hopefully the rumored >400hp next model), one of those new Vettes, a Ford Explorer, a Lexus LS 400, and just about any late model Ferrari. Got the M3 out of the way for a pretty good price! Can't afford all of them by buying new!