88 m3

[gotane30]

No affiliation, just saw this while poking around another forum:

http://www.schnelllist.com/car/used-1988-m3

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[Cabriolet]

$30k and 180k miles. hell no. after having an m3. there is no way in hell it's worth 30k. i could think of so many cars what would be more fun to drive for $30,000

[Ether-D]

^yep, that's a $20k car, IMO.

[Zeshin]

M3 prices have spiked over the last two years due to a few really collectible examples selling for outrageous prices. Dealers are listing E30 M3's for close to or above $40k now. It only follows that many private owners now believe their car is worth at least $30k, regardless of condition. It is similar to what happened with the early and mid-year air-cooled 911 market.

There are still good deals out there, but very hard to find. For those interested, there is a rather high mileage but very original E30 M3 on the Bay Area Craigslist posted last night for an asking of $21k. Probably sold by now though to a dealer.

[Javier h]

Seller's market

http://www.ebay.com/itm/BMW-3-Series-2dr-Sedan-M3-BMW-1991-E30-M3-Coupe-Alpine-White-Original-Rare-Low-Miles-Stock-57K-/181386123949?forcerrptr=true&hash=item2a3b749aad&item=181386123949&pt=US_Cars_Trucks

I'd be careful on buying anything right now though. Definitely cheaper to do a tribute car at these prices.

[wilhit10]

There are 3 on s14
25k - 145k new interior, decent paint
32 -restored
38 - 69k

So, number 2-, 3 cars are around 30k(selling, not asking). This one is a number 4 car, so basically it's at least 10k over priced.

[ButtJuice]

My dreams of buying an m3 are dwindling while ridiculous asking prices influence sellers to overprice their cars. I'm sad!

[CurrusDei]

Keep an eye on eBay. I got mine for 13.5 :-D


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[reelizmpro]

My dreams of buying an m3 are dwindling while ridiculous asking prices influence sellers to overprice their cars. I'm sad!

If I were to sell an M3, it would also have a high asking price because I can always adjust it. If I advertise my car and it sells the next day...obviously I've priced it too low but then it's too late and the car is gone. This is good for guys like Zinno who got a fair deal but isn't too smart for sellers. It seems like silly money but the reality of it is people are buying the cars up quick. Regular E30's are now benefiting from the M3 market as well. EAG is now listing several clean/unique E30's including that 320iS for $38k. They only have to find one buyer who just has to have it.

[ButtJuice]

^ that all makes sense, I'm just a broke kid who wants an m3. Btw yours look great, and thanks for those MHWs. ;)

[Cory1970]

I am a proponent of high prices for the right car, but this not the right car for $30K. I've seen cleaner M's sell in the teens. What really cracks me up is his local Craig's list ad that says he's firm on the price.

[Cory1970]

Chech out his Craig's List ad that states "price not flexible." http://denver.craigslist.org/cto/4425625212.html

I can't help but to feel that this guy is just trying to ride the e30 M3 wave with a car that isn't all that nice. Some of these pictures tell the story of a car that needs serious TLC http://monovich.com/blackpearl/?p=503

[Cory1970]

Case in point, he posted a pic of a price chart....

[DesertBMW]

^yep, that's a $20k car, IMO.

Yes but if it was yours you would want $40k for it because you are M dreamer.

Car is well worth the $30k, problem is E30 dreamers don't have that kind of money, it takes time to sell $30k car.

[Martin C.]

The e30 M3 is going the way of the Mark IV Supra, but with way more bugs to address over ownership.