M3 LR used purchase

M3 LR used purchase

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gotoPzero

Original Poster:

17,276 posts

190 months

Thursday 18th January
quotequote all
So had a test drive yesterday on a 21 plate LR.

They made me a "today only" offer on my car which seemed ok tbh - a touch over WBAC, so I put a deposit down and we were doing the paperwork when they decided to lower their offer on mine by 500. Bit cheeky.

So I didn't go through with it. Typical car supermarket doing car supermarket things IMO.

Will probably try motorway on mine today (think they run their sales on a Fri?).

As for the LR. Seemed decent, was like new inside Just under 30k on the clock. Steering wheel was fine. They did have others in stock which looked very tatty though. I have a feeling your average co car Tesla owner is a "it gets washed when it rains" type.

That said the one I was looking at had front PPF, so I am not sure if thats factory but I doubt it?

Drive was smooth and quiet. I like the low dash. Seats were not that supportive but its an A to B car I guess.

Overall its a lot of car for the money. If they do drop another 30% in March then I think they are probably bargain of the century at that price.

NDA

21,620 posts

226 months

Thursday 18th January
quotequote all
gotoPzero said:
Any known issues with steering wheels? I am starting to look more closely now I have returned from my travels and I have noticed quite a few are showing what looks like issues with the leather (faux I assume) on the wheel.
Not as far as I know.... I'm 45,000 miles into my 3LR and the wheel looks like new.

WCZ

10,538 posts

195 months

Thursday 18th January
quotequote all
gotoPzero said:
So had a test drive yesterday on a 21 plate LR.

They made me a "today only" offer on my car which seemed ok tbh - a touch over WBAC, so I put a deposit down and we were doing the paperwork when they decided to lower their offer on mine by 500. Bit cheeky.
.
cheeky as fk, good on you for walking out.

i'd be annoyed as hell they wasted my time tbh

gotoPzero

Original Poster:

17,276 posts

190 months

Thursday 18th January
quotequote all
WCZ said:
gotoPzero said:
So had a test drive yesterday on a 21 plate LR.

They made me a "today only" offer on my car which seemed ok tbh - a touch over WBAC, so I put a deposit down and we were doing the paperwork when they decided to lower their offer on mine by 500. Bit cheeky.
.
cheeky as fk, good on you for walking out.

i'd be annoyed as hell they wasted my time tbh
Yeah 2+ hours I was in there in the end. Funny they wanted the deposit up front before we started the paperwork had to be bank transfer. Would not start the paperwork till their accounts saw the money land in their account.

When I said ok send me back my deposit... "please allow 5 working days".

Yeah mick taken.


RayDonovan

4,416 posts

216 months

Thursday 18th January
quotequote all
Toyota did the same to me in 2021.

Arsewipes

Quite a few '21 plate M3s have appeared on AT this week, many around £30k with low mileage

RayDonovan

4,416 posts

216 months

Thursday 18th January
quotequote all
http://www.autotrader.co.uk/car-details/2024011756...

High on miles. HPI reckon it's £20k private sales when adjusted for 105k.

youngsyr

14,742 posts

193 months

Thursday 18th January
quotequote all
RayDonovan said:
http://www.autotrader.co.uk/car-details/2024011756...

High on miles. HPI reckon it's £20k private sales when adjusted for 105k.
Do you know how long the car and battery warranty is on it - 150k miles/8 years?

RayDonovan

4,416 posts

216 months

Thursday 18th January
quotequote all
youngsyr said:
RayDonovan said:
http://www.autotrader.co.uk/car-details/2024011756...

High on miles. HPI reckon it's £20k private sales when adjusted for 105k.
Do you know how long the car and battery warranty is on it - 150k miles/8 years?
Believe so. Longer warranty on the LR model.
I would be surprised if that sells for above £20k..

youngsyr

14,742 posts

193 months

Thursday 18th January
quotequote all
RayDonovan said:
youngsyr said:
RayDonovan said:
http://www.autotrader.co.uk/car-details/2024011756...

High on miles. HPI reckon it's £20k private sales when adjusted for 105k.
Do you know how long the car and battery warranty is on it - 150k miles/8 years?
Believe so. Longer warranty on the LR model.
I would be surprised if that sells for above £20k..
With a 5 year / 50k manufacturers warranty on it? Seems a bargain to me?

RayDonovan

4,416 posts

216 months

Thursday 18th January
quotequote all
youngsyr said:
RayDonovan said:
youngsyr said:
RayDonovan said:
http://www.autotrader.co.uk/car-details/2024011756...

High on miles. HPI reckon it's £20k private sales when adjusted for 105k.
Do you know how long the car and battery warranty is on it - 150k miles/8 years?
Believe so. Longer warranty on the LR model.
I would be surprised if that sells for above £20k..
With a 5 year / 50k manufacturers warranty on it? Seems a bargain to me?
Guess it depends on your mileage. It'll be a tough sell if you run it to 150k and try to dispose out of warranty.

youngsyr

14,742 posts

193 months

Thursday 18th January
quotequote all
RayDonovan said:
youngsyr said:
RayDonovan said:
youngsyr said:
RayDonovan said:
http://www.autotrader.co.uk/car-details/2024011756...

High on miles. HPI reckon it's £20k private sales when adjusted for 105k.
Do you know how long the car and battery warranty is on it - 150k miles/8 years?
Believe so. Longer warranty on the LR model.
I would be surprised if that sells for above £20k..
With a 5 year / 50k manufacturers warranty on it? Seems a bargain to me?
Guess it depends on your mileage. It'll be a tough sell if you run it to 150k and try to dispose out of warranty.
50k miles for £20k isn't a huge hit even if its worthless afterwards, which it won't be.

It'll save you around £7k just on petrol in that time compared to a normal car, let alone one with this type of acceleration.

youngsyr

14,742 posts

193 months

Thursday 18th January
quotequote all
Looks like battery/motor is 8 years/120k miles on the Model 3 LR, so in reality only a couple of years left.

Body and other parts warranty is already expired on this car.

gotoPzero

Original Poster:

17,276 posts

190 months

Friday 19th January
quotequote all
Looking for advice ..... my car has sold... so now I really need to get my skates on to find a M3.

I am still torn between the SR+ and LR.

The SR+

I can get a 2022 with sub 20k miles.

Pros
LFP so in theory battery will be more durable
A year newer than LR
Around 2 years warranty left

Cons
Slower
No AWD
Not as much ultimate range
Not got the premium sound system
LFP does not like the cold

Will I regret a SR+? I think ultimate range is not an issue for me.
But performance.... its a while since I have had a "slow" car.

I do drive NSL roads quite a bit in the early hours and do enjoy a bit of "progress".
The other issue is I drive these roads in all weathers and I have had AWD for years for this reason.

I am likely to keep this for at least 4-5 years I would have thought.

Head says LFP, heart says LR?

RayDonovan

4,416 posts

216 months

Friday 19th January
quotequote all
What's your top budget?

gotoPzero

Original Poster:

17,276 posts

190 months

Friday 19th January
quotequote all
30k. But would prefer to spend 27 ish.

RayDonovan

4,416 posts

216 months

Friday 19th January
quotequote all
I'd always personally push myself to get the 'better' model which would be the LR (range, performance and 4WD).

As I mentioned earlier, I still think prices will depress heading towards Q2 2024 when the volume of 2021 LR lease models hit the market (doesn't really help you now though)

Get the better model and you won't sit there thinking 'what if'. Many times in the past I've bought a lesser version of something to only sell it, go back and buy the better version (not always cars but you get my drift)..

gotoPzero

Original Poster:

17,276 posts

190 months

Friday 19th January
quotequote all
What do you think about battery chemistry?

I am probably going to keep this for at least 4-5 years.

spaceship

868 posts

176 months

Friday 19th January
quotequote all
RayDonovan said:
As I mentioned earlier, I still think prices will depress heading towards Q2 2024 when the volume of 2021 LR lease models hit the market (doesn't really help you now though)..
Do you think they’ll keep dropping that much? I’m looking at LRs at the moment and there are more and more coming on each day.

gotoPzero

Original Poster:

17,276 posts

190 months

Friday 19th January
quotequote all
spaceship said:
RayDonovan said:
As I mentioned earlier, I still think prices will depress heading towards Q2 2024 when the volume of 2021 LR lease models hit the market (doesn't really help you now though)..
Do you think they’ll keep dropping that much? I’m looking at LRs at the moment and there are more and more coming on each day.
They are selling, but they need to be at the lower end of the prices. I have a few on my watch list that have sold.

For LRs it seems for cars with sub 30k on the clock to get a sale I think you are looking at
2020=25k
2021=27k
2022=28k

There are virtually no 2022 cars for sale under 30k. I think once a few more come onto the market they might settle around 27k for the next few months.

The 2022 cars did (afaik) have slightly different battery ?

I think that might keep prices up?



youngsyr

14,742 posts

193 months

Friday 19th January
quotequote all
What are the options on a 2021/2 3 LR?

Heated rear seats?
Heated steering wheel?
Not white?
Wheels?