88' e30 M3 with 27k orig miles! what's it worth?

[atomic]

Not many people are in the market for a 20+ year old car that costs what the market use to demand on the e30M3 a year ago because of the poor economy we are in right now either. People with the disposable income looking to buy some vanity car like this WILL BE looking for a deal right now. I would not pay over $17-18K for this car at this time and maybe less depending on what the engine tested at. If it needs rebuilt maybe $14-15k tops...

[Tbolt]

That's amazing! KBB.com it. That website will tell you how much it's worth exactly. Once you get that amount, deduct the cheapest paint cost (only fair) as well as the mechanic expenses (parts mostly). I'd say just go to KBB and put ok condition with 27,000 and there's your price

This is the most comedy I have read in a while.

[reelizmpro]

How am I a fool? Why the need to be so rude? I simply went with the most logical thing I have ever heard to do if you are completely clueless to a price. I don't buy and sell cars for a living so I'm not an expert on it. I apologize, but that is simply what I would have done. Again, no need to be rude about it. Enlighten me with better ideas and ways such as smonkbmw did rather than being a complete ass.

No one wants to explain why you are a fool so I'll just tell you. E30 M3's are collectable's and getting harder to find. KBB does not reflect this at all. So the KBB price is unrealistic and has been for a very very long time. It may surprise you but clean low mileage examples are selling as high as $30 even 40K. A far cry from KBB value. I'm sure the original poster has some idea of it's worth but is asking the forums to get a better idea.

[hugh jass]

you guys keep talking about all these cars on s14 or autotrader selling for 20k, 25k or higher. people are asking those pre-economic collapse prices, but how many of them are selling at that price? we seldom find out what the actual selling price is because people don't post that info. sellers on s14 keep bumping the same ads for month expecting to get top dollar when people aren't paying top dollar.
op, if the seller doesn't know the true market value of the e30 m3, offer them the minimum you think you can get away with and see what happens. if the car needs to be resprayed, you're looking at 5k minimum to do it properly. the mechanicals are a huge unknown and low mileage on a 20 year old car is not necessarily a good thing. use these points to your advantage negotiating and good luck.

[chameleonleather]

you guys keep talking about all these cars on s14 or autotrader selling for 20k, 25k or higher. people are asking those pre-economic collapse prices, but how many of them are selling at that price? we seldom find out what the actual selling price is because people don't post that info. sellers on s14 keep bumping the same ads for month expecting to get top dollar when people aren't paying top dollar.

Agreed.

[reelizmpro]

you guys keep talking about all these cars on s14 or autotrader selling for 20k, 25k or higher. people are asking those pre-economic collapse prices, but how many of them are selling at that price? we seldom find out what the actual selling price is because people don't post that info. sellers on s14 keep bumping the same ads for month expecting to get top dollar when people aren't paying top dollar.
op, if the seller doesn't know the true market value of the e30 m3, offer them the minimum you think you can get away with and see what happens. if the car needs to be resprayed, you're looking at 5k minimum to do it properly. the mechanicals are a huge unknown and low mileage on a 20 year old car is not necessarily a good thing. use these points to your advantage negotiating and good luck.

There are a few...and you'd be surprised. Don't confuse E30 M3 buyers with E30 buyers. Some guys have that kind of money to spend on a cherry E30 M3. Bad economy or not. Even if you knock 5-7K off 30K, you're still at 23K...well above KBB recommended values.

[MazterDizazter]

I'll give you my first-born child for it ;)

It's kinda funny, kinda sad that E36 M3's seem largely to be found for the same price or cheaper than E30 M3's now...

[jmarch]

Agreed.

Yep, you also have to look at what you can buy for that kind of money. Anyone paying $25K and up for an E30 M3 must be demented. With the economy where it is, you can pick up a good 996 TT for less than $40K.

[Jonny Cash]

How am I a fool? Why the need to be so rude? I simply went with the most logical thing I have ever heard to do if you are completely clueless to a price. I don't buy and sell cars for a living so I'm not an expert on it. I apologize, but that is simply what I would have done. Again, no need to be rude about it. Enlighten me with better ideas and ways such as smonkbmw did rather than being a complete ass.

Dont apologize. Its ok not to know the importance of the original M3. Not everyone is born with it.

All things considered, you simply just cannot put a price on these cars. Its only worth what someone will pay for it, and right now it'll be tough to squeeze money out of anyone. If you want a rough idea what theyre selling for, go to s14.net classifieds, or ebay. Theres always that one guy that has a ton of cash willing to spend, but how long are you willing to wait around for that 1/100000 shot?

I'd hold on to it.

[Raxe]

If you are completely clueless on a price, decide what it's worth to you and make an offer. There's always two sides to every sale: what you're willing to pay and what they're willing to accept.

[HiTheNameIsBJ]

It's worth your first born son.

[S14pwrdE30]

I'll give you my first-born child for it ;)

It's kinda funny, kinda sad that E46 M3's seem largely to be found for the same price or cheaper than E30 M3's now...

Fixed.

[shmutzigE30]

kbb sux dick. anyways id say around 24k and id do a real good buffing and polishing before you decide it needs a respray

[smonkbmw]

Anyone paying $25K and up for an E30 M3 must be demented. With the economy where it is, you can pick up a good 996 TT for less than $40K.

yep, please continue to think that, more driving fun for me. who would want a mass produced volkswagon when they can own a car that is only 1 in under 6000 left on the planet? the one car people still rave about even though its 20 years old? the same argument can be had for any bmw m3 made after this. there are tens of thousands of e36s and e46s m cars. id be willing to bet that over 3/4 wish they could find a e30m3 to drive.

go back to lurking, you bother me.

[Raxe]

Anyone who buys a car because everyone else wants it is buying a car for the wrong reason.