So I'm in the market for an M3, and I've got eyes on a 2018 Model 3 long range with about 72k miles on it, available for $30k. I've run the VIN through Edmunds and that seems to be about right given condition (this is a single owner vehicle that's in outstanding condition). No FSD but it does have lifetime 4G enhanced connectivity. 3 years and 48k miles left on the battery and drive-unit warranty.
After tax credit and with destination charge, a new 2023 M3 LR would be about $11k more. I don't have that at present, and it's unlikely I will until 2024 when the $7.5k tax credit may no longer be available to me. If it does, it pushes the price difference to $19k.
I'm leaning towards the M3 I can afford now. I put about 22k on my vehicle per year, so in 5 years I'll have about 180k on this vehicle; from what I'm reading it's reasonable to expect it to last that long. It's going to save me about $2k per year in fuel along the way.
Thought I would bounce this scenario off this group here. Would love to hear your thoughts!
After tax credit and with destination charge, a new 2023 M3 LR would be about $11k more. I don't have that at present, and it's unlikely I will until 2024 when the $7.5k tax credit may no longer be available to me. If it does, it pushes the price difference to $19k.
I'm leaning towards the M3 I can afford now. I put about 22k on my vehicle per year, so in 5 years I'll have about 180k on this vehicle; from what I'm reading it's reasonable to expect it to last that long. It's going to save me about $2k per year in fuel along the way.
Thought I would bounce this scenario off this group here. Would love to hear your thoughts!