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

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

    So I found an 88 M3 with 27k orig miles!! The car has been sitting for a long time on and off but supposidly it runs. The interior is the most original best condition interior I've ever seen on an e30. The body is very straight with no rust but the paint is a little faded. The car would probably need a full repaint and the mechanics all gone over. I know it's tough without pics, but how much do you guys think a car like this is worth? I'm tempted to put myself into even more dept to get it, but I just want to make sure I don't pay to much and get myself upside down with it. any input would be great, thanks!
    e30, e24, e36, r32, Gelandewagen, cummins

    #2
    North of 18K, I would think, depending on how well it would clean up.
    cars beep boop

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      #3
      Theres one on S14.net with 46K miles for $22K. If yours is in the condition as described I could see people people paying $25K+
      sigpic

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        #4
        make sure you have it checked out. my friend had a 40,xxx mile s14 that sat forever and it had poopy compression.

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          #5
          definitely in the 22-25 range, probably more on the higher side

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            #6
            M635Dude

            A 27K miles with faded paint? Do you have any documention supporting the low mileage.
            Brake harder. Go faster. No shit.

            massivebrakes.com

            http://www.facebook.com/pages/Massiv...78417442267056





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              #7
              How bad is the paint? Sometimes a really good buffing/polishing/detailing can make it really shine despite how it might look now. It might surprise you what you can do with it without a respray.

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                #8
                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
                '91 318iS

                Koko's Garage - BMW and Mercedes Specialists
                651 Mount Auburn St, Cambridge, MA, 02138

                Selling This Car:
                http://r3vlimited.com/board/showthread.php?t=132392

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                  #9
                  Does the seller understand it's value?
                  '89 "is" = M technic II build mode.

                  sigpic

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                    #10
                    Originally posted by Reign View Post
                    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
                    srsly? KBB is inaccurate for our e30s , let alone a 27k M3(probably values it at least 50% less than the true market). Unless the seller is completely clueless, that's not going to work.

                    I'd expect to pay at least 20 grand from an educated seller.


                    91 318is

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                      #11
                      Originally posted by brandondan1 View Post
                      srsly? KBB is inaccurate for our e30s , let alone a 27k M3(probably values it at least 50% less than the true market). Unless the seller is completely clueless, that's not going to work.

                      I'd expect to pay at least 20 grand from an educated seller.
                      I've never tried it for e30's but I wouldn't expect it to be innacurate. It has been very accurate for me in the past with other vehicles. Although, I could see how it could be so innacurate with this vehicle considering it's 19 years old with only 27k.

                      Also, if it's been sitting for awhile without any care at all, I'd deduct from the price because it's probably going to have some issues with it.
                      '91 318iS

                      Koko's Garage - BMW and Mercedes Specialists
                      651 Mount Auburn St, Cambridge, MA, 02138

                      Selling This Car:
                      http://r3vlimited.com/board/showthread.php?t=132392

                      Comment


                        #12
                        Originally posted by Reign View Post
                        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
                        Originally posted by Reign View Post
                        I've never tried it for e30's but I wouldn't expect it to be innacurate. It has been very accurate for me in the past with other vehicles. Although, I could see how it could be so innacurate with this vehicle considering it's 19 years old with only 27k.

                        Also, if it's been sitting for awhile without any care at all, I'd deduct from the price because it's probably going to have some issues with it.

                        really? you apparently do not understand what youre speaking of. its best that you stop now.

                        the e30m3s street value is far different than any regulated "book" is going to tell you. even a standard 1989 325is with 150k is in the $1500 range, when was the last time you saw one for that cheap? a 1988 m3 with the same mileage will say around $6500. if you look on autotrader nation wide for a e30m3 you will notice that even 200k examples sell in upwards of $12k. salvage titled SHELLS sell for close to what your blue book will say a running, clean titled in "excellent" condition is worth.

                        id want to see documentation and proof of the mileage stated. if that checks out id want to see a extensive compression test and PPI done. if it all checks out this cars street value is probably worth around $18-$25k. if the seller is dumb enough to fall for "Reigns" idea of low balling and determining vehicle worth than you have a car that you just made out like a bandit on.

                        im going to assume the car is red or diamond schwarz as these are the only two colors that tend to have paint issues. if so the others are correct, a cut and buff may bring back alot of shine, color.

                        edit: since KBB stops at 1989 thats the only value i can get. shows vehicle worth at $8800 in "poor" condition since the paint is trashed. i guarantee you can get a minimum of $15k for it with proof of mileage. there was a 47k "bubble car" on autotrader for close to $40k not to long ago. you have the makings of the same deal right here.



                        enthusiast auto is a poor example as much of their cars are massively overpriced. but heres a car that has more mods than needed and has probably had a rough life thus far. none the less has low mileage:


                        kbb is out the window here:
                        Last edited by smonkbmw; 02-27-2009, 07:42 PM.

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                          #13
                          The $15K rule is going to be 20 really soon. That really sucks I remember in highschool they would be sitting in lots with the same price as Del Sols.
                          sigpic

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                            #14
                            Originally posted by Reign View Post
                            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
                            You are a fool sir.
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                            "The best argument against democracy is a five-minute conversation with the average voter." - Winston Churchill

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                              #15
                              Originally posted by shiftbmw View Post
                              You are a fool sir.
                              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.
                              '91 318iS

                              Koko's Garage - BMW and Mercedes Specialists
                              651 Mount Auburn St, Cambridge, MA, 02138

                              Selling This Car:
                              http://r3vlimited.com/board/showthread.php?t=132392

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