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1997 M3 lease soon to expire ... looking at the options
- Subject: 1997 M3 lease soon to expire ... looking at the options
- From: David_Bowers@xxxxxxxxxxxx
- Date: Wed, 17 Mar 1999 11:58:06 -0600
I have a '97 M3. The lease expires in May this year. I am looking at
my options, as in whether I should buy it or give it back and get a
new one.
The sticker price on it was $43,575, which gives it a residual
purchase price (at 73%) of $31,810.
Looking at the Kelly Blue Book site, it has a value of $31,325 ... so,
I would be interested to know what anyone who has been in a similar
situation has considered in making this decision (I love the car, but
am sure I would also love a new one!), so I am only looking at it from
the "dollars and cents" perspective.
Have any of you recently sold or purchased a similar M3? Would you
mind telling me what a likely ballpark figure would be? I am in
Chicago if this makes any difference. You are welcome to send replies
directly to me at david_bowers@domain.elided
TIA, Dave
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