Announcement

Collapse
No announcement yet.

BaT hosting auctions now!

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    #16
    Originally posted by blunttech View Post
    Why does everyone hate on EAG?? they have carved out a niche and likely worked their asses off to get where they are. I have nothing against hard work and a profit for same. People (clientele) set the price.. Not EAG
    If they are asking too much people arent going to pay it. I for one am glad to see m3's appreciate
    I see them for being a large contributing factor in the raising the collective e30 prices as a whole. Eliminating a lot of people out of the market as a whole in the US. Also aiding in the "Oh shit, these sell for a billion dollars here, so my clapped out 325e must be worth *glarglesnartch* BILLIONS! Narf"

    Yes, this is admittedly partially a jealous rage, and it might completely unfounded and baseless. But there's another portion in my head that I won't go into here because it's pretty much full P&R. Which is completely speculation at best, with no facts to back it up. Just a hunch that the E30 market (With emphasis on the M3) is in a bubble much like the housing market in '06-'07. (To put it lightly)

    EDIT: Also, I'm not entirely sure they've worked their asses off. I've only seen it a couple times, but the car goes in, and gets sold, looking the exact same with no noticable changes or fixing, for a serious markup. Because I don't know them personally, or see it with 100% consistency, I can't say it's unequivocally true. But from what I have seen, it looks like the just buy and flip at a serious markup. (Rubs me the wrong way, and again, partially a jealous anger)
    Last edited by TurboJake; 07-31-2014, 10:27 PM.


    Leave Me Transaction Feedback

    Comment


      #17
      Originally posted by TurboJake View Post
      Just a hunch that the E30 market (With emphasis on the M3) is in a bubble much like the housing market in '06-'07. (To put it lightly)
      Really? I was completely unaware that there is a subprime car loan market focused around the E30 chassis...

      The extreme majority of E30s are purchased with cash.... there is no reckless subprime lending going on here to fuel a bubble like there is in the housing/education markets right now...

      Comment


        #18
        Originally posted by Roland H View Post
        Really? I was completely unaware that there is a subprime car loan market focused around the E30 chassis...

        The extreme majority of E30s are purchased with cash.... there is no reckless subprime lending going on here to fuel a bubble like there is in the housing/education markets right now...
        Would the dotcom bubble be a more appropriate analogy then? (Excluding the stock market aspect of that whole deal, minus the fact that it was all around the stock market period.)

        EDIT: Damnit... Main thing I'm trying to get at is the values. It seems they're climbing too high too fast, and may eventually fall pretty hard. Again, speculation at best, with no facts to back it up.
        Last edited by TurboJake; 07-31-2014, 10:36 PM.


        Leave Me Transaction Feedback

        Comment


          #19
          Originally posted by lgb240 View Post
          Looks like the buyer is hit with most of the fees ... 5% to BAT + almost 3% to the 3rd party money handlers.
          That's good to hear. I'm sick of eBay charging the seller with every possible fee at every stage of the selling process and then screwing the seller over again when the buyer breaks the item and demands money back.

          eBay's website is also archaic and not user friendly. everything is scattered around and hidden in a bunch of different menus that have no organizational value.

          Comment


            #20
            Originally posted by TurboJake View Post
            Would the dotcom bubble be a more appropriate analogy then? (Excluding the stock market aspect of that whole deal.)
            Not really, the dotcom bubble was dealing with intangible assets.

            I don't really think there is an appropriate analogy honestly.

            I also don't believe that there is some massive bubble that's going to collapse and E30s will go back to being $500 for a plastic bumper 325is again. That ship has sailed. Time to move on folks.

            Comment


              #21
              Aka, buy an e36 m3. The price of clean ones is rising as well. A good e36 sells for more than a high milage e46 m3.


              Sent from my iPhone using Tapatalk
              My E30 v1.0 | v2.0 | v3.0 | My E28 |My E34 | My feedback

              Comment


                #22
                Originally posted by Eric View Post
                Aka, buy an e36 m3. The price of clean ones is rising as well. A good e36 sells for more than a high milage e46 m3.


                Sent from my iPhone using Tapatalk
                So difficult to find a good E36 though. It was hard 7 years ago, and even harder now.

                Comment


                  #23
                  Anyone who believes that E30 M3s and even garden-variety E30s are in the midst of a bubble should take a step back and look at the larger collector car market. There is a amazing amount of wealth being invested in tangible assets such as collector cars (most WAY above E30 M3 levels) and for the most part it's being done rationally. Also, it's the cars that have always been "collectable" to some degree which are the ones that are now appreciating more quickly.

                  This is NOT a muscle car bubble, which was driven largely by blue-collar folk taking out large HELOC's on already fully mortgaged homes so they could put a 'cuda in the garage.

                  Will the prices for the best examples continue to rise at the same rate? Probably not, but it's not likely they will decline rapidly either, since unlike the muscle car bubble, there is a sizable market willing to buy if there ever is a downward blip...which will then result in the price stabilizing and again rising.
                  sigpic
                  1988 325ic
                  1988 325is (track car)
                  1985 528i euro

                  Comment


                    #24
                    Originally posted by blunttech View Post
                    Why does everyone hate on EAG?? they have carved out a niche and likely worked their asses off to get where they are. I have nothing against hard work and a profit for same. People (clientele) set the price.. Not EAG
                    If they are asking too much people arent going to pay it. I for one am glad to see m3's appreciate
                    I agree, EAG has always had some seriously awesome/ rare/ crazy color combo BMW's. I love going on their site from time to time and looking at the mileage of the cars they have.

                    Comment


                      #25
                      yep, no hate or jealousy here.
                      I am convinced, however, that they have depleted all the floor mat stock from every dealer in the states. Every e30 variation they have are fitted with the NLA factory mats in top nic.

                      Comment


                        #26
                        Originally posted by RUFFLZ View Post
                        yep, no hate or jealousy here.
                        I am convinced, however, that they have depleted all the floor mat stock from every dealer in the states. Every e30 variation they have are fitted with the NLA factory mats in top nic.
                        NLA velour or rubber? I copped som OEM E30 Rubber mats through Banny.
                        Love em - need a pair for le front!

                        1991 BMW 318i (Old Shell RIP, Now Being Re-shelled & Reborn)
                        1983 Peugeot 505 STI
                        1992 Volvo 240 Wagon
                        2009 Toyota 4Runner SR5 Sport 4WD

                        Comment


                          #27
                          Originally posted by freeride53 View Post
                          NLA velour or rubber? I copped som OEM E30 Rubber mats through Banny.
                          Love em - need a pair for le front!

                          the former.
                          how come he didn't get you the whole set? or is that all he had?

                          I'd like to get some oem rubber too!

                          Comment


                            #28
                            Originally posted by RUFFLZ View Post
                            the former.
                            how come he didn't get you the whole set? or is that all he had?

                            I'd like to get some oem rubber too!
                            Friend of mine bought a $55,000 e30 m3 from EAG. No floormats.
                            Current:
                            1989 325i
                            1988 M3
                            1987 325ic
                            Past:
                            2001 330ci
                            2001 M3

                            Comment


                              #29
                              I bough only the rears because of my rowing team's carpool sophomore year.
                              3 big ass homies would sit in the back and one in the front - so it caught all the beach sand.

                              1991 BMW 318i (Old Shell RIP, Now Being Re-shelled & Reborn)
                              1983 Peugeot 505 STI
                              1992 Volvo 240 Wagon
                              2009 Toyota 4Runner SR5 Sport 4WD

                              Comment


                                #30
                                Originally posted by jhaurimn View Post
                                Friend of mine bought a $55,000 e30 m3 from EAG. No floormats.

                                say waaa??
                                conspiracy theory here; they keep using the same set of mats for every car they shoot.

                                then when the customer shows up to purchase the car, they don't realize the absence of that small detail when EAG pulls 'em!

                                :popcorn:

                                Comment

                                Working...
                                X