Posted by Robert on September 29, 1998 at 11:19:47:
In Reply to: Another subject posted by Outfielder on September 29, 1998 at 10:31:47:
I am also considering upgrading to an ///M what kind of bath can I expect to take on my 1.9? Do you have a breakdown of the costs to complete this deal from your experience?
First let me warn you, the more you look at the numbers the less since an upgrade makes. I had to block out what my head was saying and listen to my heart when I decided to trade in the 1.9 for an M roadster. (Note: At least 3 people listened to their hearts and upgraded from 1.9 to M's at the homecoming, the local dealership had 3 M's in stock and I wonder how many they will have ready in stoick next year).
Okay, now lets crunch some numbers (I'm going to have to guess at some details here but you get the idea)..... Things are different in different locations, I seem to remember that you are in California (I live in Texas). Checking Kelly Blue Book a '96 BMW Z3* is worth roughly $21,760 in Texas and $22,272 in California.
It is my understanding that these numbers should be considered your goal, not what you will initially receive. Alan and myself were dealing with two different dealerships and we both heard the same excuse "they are going for much less at dealer auctions". But the fact that you are upgrading should assist you in getting close to that price.
However (using the Texas figure) $21,760 is just over half way towards a '99 M roadster. So the upgrade cost is somewhere between $22k and 24k for this example once you throw in some extra for tag title and tax.
As far as price on an M roadster, $1000 off MSRP would be considered a good price these days. Bruce keeps telling people he got $1500 off with out mentioning that $500 of that was rebate. It seems people have also been more successful in negotiating accessories instead of price discounts. (for example I think Bruce's $1000 off took into account he got a free windscreen, floormats, etc).
* - 4 cyl, manual tranny, 25000 miles, no leather, no ASC in excellent condition