97 M3/4, 27K miles, CPO, $29.5K (archive)

No you can't have it, that's what I bought mine for in December. Irvine BMW. 40 miles of driving for a lot of savings. $36K is total BS. I would not buy it. Lots of M3's becoming available off lease. You have to spend some time with the dealer to let him know you are serious, but don't pay more than you think is fair, which should be around 31-32, maybe slightly more if super clean. DOn't be afraid of a clean private party car, buy the extended warranty, and then you get to go anywhere you want for repairs, not just the dealers, some of whom are incompetent, especially Santa Monica BMW.

So I go down to a non-full circle CPO dealer and they have a 98 silver/grey M3 with 37k miles. The sticker on the car was $39.5K. The lowest I could get them down to is ~$36K. By the time you add in the doc/smog/license/tax, it's up to $41K.
Looking around on the boards and online selling sites, $36K seems a bit high relative to buying from a 3rd party. However, the dealer says their's comes with a CPO warranty of 6yr/100k and guarantees it has never been in an accident, etc.
Some questions:
1. Is it worth paying more to get the dealership warranty?
2. When buying from a 3rd party, what additional fees are there (in California)? DMV, smog, license, sales tax? If there are no sales taxes required, that could potentially be a $3k swing in price.
3. Kelley Blue Book is the only thing dealers will use whereas Edumund's seems to be a lot lower. What's the best way to get a fair market value of a used M3?

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