There goes the price ceiling!

[GillesBigCowboy]

Ten years from now, I expect that all of these prices are going to seem cheap. But still, I like the prices low because I think I am more likely to be a buyer/consumer of e30s. I have bought a few, but I have never sold one.

[mikeedler]

Those are still cheap compared to what's happening over here.

Prices for good examples are now asking over £15k, some have been snapped up for £18.
M3's are fetching on avaerage £20k+
M3 EvoIII is on sale here so far for £85K

About 10 years ago, tons of the E30 M3s were bought up from Germany and sent to England..... Over the last 3 years It is unbelievable how many E30/E36 M cars are being reimported back to Germany. Supply-Demand

[Stanley Rockafella]

wow, that is absolutely terrible. Very sorry to hear about that.

+1

[HarryPotter]

Yep beat to shit new beetle gls, thing is damn near door ding proof with the plastic fenders. Cheapest insurance I could find for a car that had the amenities I wanted in a daily since I have to get work regardless of weather. (2.0, 5 speed, fwd, leather, heated seats, cheap)

As for the the death. . . it was my mother, we were rear ended by a speeding tractor trailer on the way to my grandmother's funeral, and Georgia's laws suck ass. As Forrest Gump would say "And that's all I have to say about that."

Wow, that is absolutely terrible. Very sorry to hear about that.

[bimmerteck]

and you drive a new beetle?


I sold an 86 eta for $3400 last year, and just picked up an 87 is for $1000. Deals and steals are all around, it just depends on how long you look or wait, both to buy and sell.

Yep beat to shit new beetle gls, thing is damn near door ding proof with the plastic fenders. Cheapest insurance I could find for a car that had the amenities I wanted in a daily since I have to get work regardless of weather. (2.0, 5 speed, fwd, leather, heated seats, cheap)

As for the the death. . . it was my mother, we were rear ended by a speeding tractor trailer on the way to my grandmother's funeral, and Georgia's laws suck ass. As Forrest Gump would say "And that's all I have to say about that."

[evandael]

(lots of tickets and a death on my record)

and you drive a new beetle?


I sold an 86 eta for $3400 last year, and just picked up an 87 is for $1000. Deals and steals are all around, it just depends on how long you look or wait, both to buy and sell.

[pwagon717]

Ive noticed this trend too. If you had sold your old car now you could probably have gotten another grand or two from what you sold it for

I know right. I could have had asked about $10,000 for mine in the "now market".

[e30 gangsta]

Some of these kids are clearly smoking rock, though.

FOURTEENKAY!!!!!!

lmaoooo

[bimmerteck]

That same lady on a cell phone t boned my 318i in January & didnt even hang up til the cops arrived. I got $3k from her insurance company within 72 hours which may be the highest ever payout on an M10 car...PLUS I kept the car & will have it fixed for under $1k.

You can get declared value on a collector policy (I paid $75/yr when I had mine) but in my experience they want it garaged and they restrict your use of it. I'd be interested to know if any insco lets you DD on a collector policy.

It does have to be garaged and you also have to have a car you consider a daily(mine's a beat up new beetle), but if your willing to pay more there are collector insurance companies that will give you very close to a normal policy for the right amount of cash. My collector policy covers my 'vert where I have no worries about driving it anywhere I want, pretty much whenever I want, but I learned this week that commuting in it is nowhere near as fun as the Sat. morning drive I just got back from.

My insurance on the beetle and the 'vert is $58 a month combined, mostly because I have an atrocious driving record. (lots of tickets and a death on my record) But it's still far cheaper than a car payment for most or even just full coverage insurance for me on a newer sportier car. (read "no back seat")

[jeffnhiscars]

...I had no problem getting a $16k agreed value collector policy on my 'vert this week, handing the appraiser a pile of comps that were all within 3k of what I asked for on the policy and a pile of receipts detailing what exactly was spent getting the vehicle to this point. My last build I got t-boned by a lady on a cell phone coming out of the local post office parking lot at speed and I had to fight tooth and nail to get $3,500 from the insurance co.

That same lady on a cell phone t boned my 318i in January & didnt even hang up til the cops arrived. I got $3k from her insurance company within 72 hours which may be the highest ever payout on an M10 car...PLUS I kept the car & will have it fixed for under $1k.

You can get declared value on a collector policy (I paid $75/yr when I had mine) but in my experience they want it garaged and they restrict your use of it. I'd be interested to know if any insco lets you DD on a collector policy.

[MR 325]

It most certainly did go to a good home and is most certainly worth every cent of the cost :) Still looking pretty much the same, just a few little mods here and there whilst I get parts together for the next step...(stay tuned!)

Whilst I will admit that spending $10k+ on a 20+ year old car is what some people will call crazy, there is no way I could have built a car to the same spec as the one I bought for anything under $16-17k minimum, not to mention the countless hours of un-billed labour that I would have to put in whilst taking time away from family and friends etc. I have a well sorted quality swapped car that will see weekend and track use that I will hold onto for at least 10 years, so to me that is worth the price.

P.S. Matt I changed the filler hose and put new fuel lines in too as they were looking a bit old/cracked and no more leaks.

Cheers
David

Thanks David, so glad that you're loving it!

You're going to have to keep me/us up to date with pictures every once in a while.

[Shangsta]

Ive noticed this trend too. If you had sold your old car now you could probably have gotten another grand or two from what you sold it for

[rav320uk]

Those are still cheap compared to what's happening over here.

Prices for good examples are now asking over £15k, some have been snapped up for £18.
M3's are fetching on avaerage £20k+
M3 EvoIII is on sale here so far for £85K,

http://www.carandclassic.co.uk/car/C291949

[bimmerteck]

I woiuld agree with you, but with collectors ins, you can't strip what you want off the car before they take it. With regular ins, they will give you "fair market value" and you can strip certain things off.
That being said, what Huff said is true. His e30 is beautiful, but ins companies don't want to spend the money on a 20 year old car to fix it. Very little was replace the last time his car was hit. They repaired most of the fenders and the hood, and resprayed as little as they could. They even went so far as to try to say his hood latch was bad before the wreck, which it wasn't.
fourteenkay while an asking price is a bit out of control for a car with problems. Remember guys, you can buy a brand new car for 14k out the door. E30s, while "vintage" shouldn't bring over 10k unless completly sorted out. There are a couple on here that are, and they could bring in the asking price. But if you are asking over 10k for your e30 and it has fixable problems, you should fix them, then ask the price. What kind of DB asks a premium for a car that is in dis-repair, and by dis-repair, I mean in need of repair?????
Those of you who happen to be selling a car for over 10k in dis-repair, don't get butt hurt, you're asking too much. If you invested all this time and cash into your e30 and didn't realize you weren't going to re-coup 100% of your invesment, you were smoking crack.
GO BRAVES!

What collector insurance did huff have? What type of policy was it? My experience with Haggerty on a customer's M3 was bar none the best insurance transaction I've ever been involved with.

[delatlanta1281]

What insurance pays in the event of damage varies greatly by how your covered and the condition of your vehicle, I had no problem getting a $16k agreed value collector policy on my 'vert this week, handing the appraiser a pile of comps that were all within 3k of what I asked for on the policy and a pile of receipts detailing what exactly was spent getting the vehicle to this point. My last build I got t-boned by a lady on a cell phone coming out of the local post office parking lot at speed and I had to fight tooth and nail to get $3,500 from the insurance co. , god forbid it ever happen again but if it does it will be much different.

FTR- I generally don't sell vehicles so what the market will bear is of little importance in the value to me, only getting back what I invested getting the vehicle to where I'm happy with it is.

I woiuld agree with you, but with collectors ins, you can't strip what you want off the car before they take it. With regular ins, they will give you "fair market value" and you can strip certain things off.
That being said, what Huff said is true. His e30 is beautiful, but ins companies don't want to spend the money on a 20 year old car to fix it. Very little was replace the last time his car was hit. They repaired most of the fenders and the hood, and resprayed as little as they could. They even went so far as to try to say his hood latch was bad before the wreck, which it wasn't.
fourteenkay while an asking price is a bit out of control for a car with problems. Remember guys, you can buy a brand new car for 14k out the door. E30s, while "vintage" shouldn't bring over 10k unless completly sorted out. There are a couple on here that are, and they could bring in the asking price. But if you are asking over 10k for your e30 and it has fixable problems, you should fix them, then ask the price. What kind of DB asks a premium for a car that is in dis-repair, and by dis-repair, I mean in need of repair?????
Those of you who happen to be selling a car for over 10k in dis-repair, don't get butt hurt, you're asking too much. If you invested all this time and cash into your e30 and didn't realize you weren't going to re-coup 100% of your invesment, you were smoking crack.
GO BRAVES!