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Posted by SelahM3 on October 09, 2000 at 09:37:58:

In Reply to: Who can you trust then? posted by Interested buyer on October 09, 2000 at 09:34:24:

Run it through edmunds - much closer to actual market values. I paid edmunds trade in price for my '96 M3 - $19,900 w/ 80K miles.

In southern Cal the prices for an M3 Convertible seem to be in line with KBB numbers. I have a friend that just paid just under 40k for a 98 with 34k miles (it was in exceptional condition). There do not seem to be many cars around here cheaper than that, unless they have even more miles.

KBB often reports retail on a used car is higher than the price paid when it was bought new. They're in bed with dealerships, don't trust them.

the asking price is 44,500. if you use kbb, it says trade is 43,xxx, plus this car has all of that AC Schnitzer stuff and those cool white guages. How can that price be legit? The kbb retial price is like 49K. So is this car a real bargain or what?

For all you know the reserve could be 40,000 dollars.

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