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View Full Version : 1998 M3 Sedan For Sale



Lone Star M3
03-06-2003, 09:57 AM
1998 M3 4 Door Sedan
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VIN# WBSCD9322WEE07439
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Currently it has around 48,000 miles on it.
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Arctic Silver Metallic Exterior with a Dove Gray Leather
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Sport Interior (Non Luxury Option)
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5 speed transmission with limited-slip differential
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Sliding/Tilt Sunroof
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Front Foglamps
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Power steering,windows and locks with no keyless entry or factory alarm installed
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Cruise Control and OBD computer with trip control (clock/date, gas mileage and all other functions).
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AM/FM Harmon Kardon Stereo Cassette Head with BMW Six Disc CD Changer in the trunk
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ABS Brake with All Season Traction control
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Dual Front and Side Airbags
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Sedan Rear Spoiler
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Front Power Seats with Bolster extension but no Folding Rear Seats were added.
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Staggered Tires on 17" 10 Double-Spoke M Sport Rims
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The only flaw in the whole car that I know of other than normal wear is some slight wear (rubbing) on the driver's seat bolster (normal for a BMW) and a 4 inch crack in the dead center (by rear view mirror) of the windshield from a rock strike on the highway and I had this repaired though to prevent spreading to other areas but it is still visible.
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Car History:
I purchased the car in March, 2002 on a BMW Buyer's Option Plan. The car was a lease return to BMW of Houston North from the original owner residing here in Houston. The car also came with a CPO Certification and Warranty from BMW. The warranty will be honored through 100,000 miles or until January, 2005 which is the 7 year date of was originally delivered. This warranty is honored at any BMW dealer with a $50 co-pay per visit. I use this car as my daily driver (30 mile commute every weekday - not too much joyriding with a 1 year old at home) but it has been meticulously maintained by me since I took ownership.
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Here is a list of maintenance items and warranty repairs performed while I have had the car which I have all receipts for your personal review.
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May 2002 - Inspection II service, replaced all 4 brake pads and rotors, brake/coolant fluid flush and replaced belts. ($1,225.62)
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April 2002 - Replaced both rear shock mounts under warranty. $50.00
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October 2002 - Replaced all 4 tires balanced/mounted with new Kuhmo Ecsta 712 Z-Rated Radials. $639.53
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October 2002 - Had 4 wheel alignment performed after replacing tires. $62.95
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January 2002 - Oil and Lube Service $67.50
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January 2002 - Had brake light switch and windshield washer pump replaced under CPO warranty. $50.00
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I have not autocrossed, modded or raced this car in events. It is a 100% stock automobile with all the factory installed equipment and a small BMW car seat anchor hook for my son's car seat I installed on the right side of the parcel panel.

I must get a least payoff value on the car to make a deal. It is currently priced at $26,000.

Thanks for your interest. Here is an additional email address.
mike_chapman@hotmail.com

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Here are some pictures:
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<img src="http://members.roadfly.com/mike_chapman/Mike's 1998 M3 Sedan.jpeg">
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<img src="http://members.roadfly.com/mike_chapman/M3 002.jpg">
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<img src="http://members.roadfly.com/mike_chapman/M3 003.jpg">
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<img src="http://members.roadfly.com/mike_chapman/M3 004.jpg">

Loud_TIGER
03-06-2003, 10:53 PM
so ur asking ~ 27K?

Lone Star M3
03-07-2003, 06:54 PM
Tiger,

I see you live out in Sugarland. I am up North in The Woodlands. I am asking $27,000 because the payoff on my Buyer's Option Lease is $26,895. I need to at least get the payoff on the car to let it go right now.

Lone Star M3
03-09-2003, 10:08 PM
Bump

Lone Star M3
03-12-2003, 05:15 PM
Just an update. My payoff value has dropped to $26,500 on my loan after this months payments. I will consider any offer close to this number.

Lone Star M3
03-15-2003, 11:58 PM
Heading out to the Houston BMWCCA Autocross tomorrow morning if anyone is interested in the car and wants to see it in the flesh.

Accepting offers on the car.

Lone Star M3
03-18-2003, 01:49 PM
Make me an offer I can't refuse. I can't afford any Bimmers right now. Wife has been let go from job and I need to sell.

MY M3 IS FOR SALE - HELP!!!!

Need to sell soon. Her last day at work is on April 1st.

Hit via email me with an offer. I am bumping the bump.

Lone Star M3
03-20-2003, 03:24 PM
I have a co-worker interested in the car at $26.5K. Any other offers pending I should know about? Check out the specs on the car.

yotone
03-21-2003, 01:25 AM
take the 26.5k and run!

Lone Star M3
03-23-2003, 09:50 AM
Just to let you guys know my car is still up for sale.

We are also preparing to sell our new SUV if you know anyone that is looking for one. With my wife loosing her job soon so it looks like we will need to be down to one car payment.

FOR SALE
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2003 Honda Pilot EXL
VIN#2HKYF18543H508793
-Purchased new in June 2002
-Starlight Silver Metallic Exterior
-Gray Leather Interior
-Currently has 10,100 miles
-Side Steps and Rear Splash Guards

$29,500 or best reasonable offer
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Contact Mike Chapman
mike_chapman@hotmail.com
832-725-4745
The Woodlands, TX

andwhysee
03-24-2003, 05:49 PM
You are leasing that BMW, what makes you think you can sell it? you can only terminate the lease early or swap lease with someone else. you can find someone to take over your lease but thats legally very risky.

Lone Star M3
03-25-2003, 09:53 AM
Sorry for the confusion but the car is not on a traditional lease so I can retail the car out to a new owner. I am making payments to own the car on BMW's Owner's Choice Retail plan . This BMW Financial payment plan is only avaliable to buyer's in Texas and Illinois. Basically you make payments on the car for 3 years and then pay a balloon at the end or refinance the residual. It's a very flexible plan that keeps your monthly payments lower and gives you more freedom than a traditional lease. I can't tell you why they don't allow this in other states though. :dunno I cannot consider letting someone assume the payments I want to be free and clear of the car. With my wife loosing her job we are forced to sell both vehicles to maybe get into used vehicles with lower payments. Sign of the economic times I am afraid.

http://fs.bmwusa.com/OwnersChoice.asp?Section=NEWCARS&SubSection=OC&currentSection=FS

andwhysee
03-25-2003, 10:53 AM
so your wife works and you take care of the kids and the cars? how modern.

JB///M3
03-25-2003, 03:27 PM
Originally posted by andwhysee
so your wife works and you take care of the kids and the cars? how modern.

:astromile

Lone Star M3
03-25-2003, 03:46 PM
andwhysee,

I work for a living thank you very much. I am a Software Engineer here in Houston. Having two car payments on our plate right now is not in the budget with her loosing her job due to layoff. We both are college educated (She has a BA in Business and I have BS in Computer Science). We have a 1 year old son. She is going to be staying home with our son as long as we can afford it as if this is any of your damn business. If I where to be layed off I would do the same until I found gainful employment. If your not interested in the car then move yourself on to another thread.

Thanks for jab pal!

Lone Star M3
04-01-2003, 12:07 AM
Guys,

Bumping the ad again. I am willing to let this car go for $26,000 if anyone is seriously interested.