Originally posted by Stan
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I totaled the amount I spent restoring my e30 and I'm shocked.
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That is a lot of money, BUT you know exactly what you have , how it is put together, reliable, way cooler than any NEW car and well E30 FTW. Just imagine all the mediocre NEW cars that cost that much and are complete garbage and the people that buy them think they have something good or even nice, THAT is funny...
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If you love the car and will keep it, try not to add up the bills. I restored an E9 coupe and I think I could have bought a brand new 2 series for what I spent but, I have kept that car for almost 20 years (so far). Then I bought a low mileage E30 cabriolet and spent about $25K; new leather interior, 15: wheels, a lot of deferred maintenance had to be done, iS spoiler, new trunk to delete the 3rd brake light, stromung exhaust, Euro bumpers, refurb the instrument cluster and an automatic to 5 speed swap.
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Originally posted by moatilliatta View PostIts only too much if you're not enjoying it.
Its expensive to do it right, its expensive to do it twice.
If it puts a smile on your face and you enjoy where its going, keep going.
There is another thread going mentioning how much people have in their E30's, most all these cars in the 1-5K range are close to needing a full rebuild to make them proper again, and its happening and the market price is reflecting. Its still cheaper to buy a car that is done right than to build one. Whats the fun in that!?
And craziness is all relative.
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Originally posted by roguetoaster View Post
You can at least get a reasonable set of dampers for $250, and good to hear that your ball joints won't be falling out of your control arms any time soon!
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I told my wife I will never tally what I've spent on my E30, so don't bother asking. I honestly won't either, it's a lot of money and would just be depressing given the current state of the car.
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Originally posted by agisthos View PostAt least the value is going up now. When I got into E30's in the mid 00's you could drop a lot of money on an E30 and get only pennies when you sold.
In fact, the previous owner of my car did the interior and new dashboard, while the owner before him did a high end respray (his father had a car restoration paint shop). I then bought that E30 in 2005 for 7k Aussie (about 5k USD).
So I got it for next to nothing and the body/interior were spectacular. You cannot get those sunk cost cars anymore.
Last time I added it up, the e30 had cost me around $13k over 10 years of daily driving, not bad at all really.
In contrast, my e92 has cost me roughly $2k in maintenance in 2.5 years + depreciated about $8k so the cost of the e92 will likely exceed the e30 by the end of 2021. This doesn't include logbook servicing as it has the dealer service package from the previous owner!
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I have been scared to add up what i have spent so far since i parked the car three years ago. But I just drove the car for the first time since then the other day and i dont regret the money spent at all. Now to get some final things done before I go and get my car tuned. Lets see how much power this K24 powered e30 makes.
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At least the value is going up now. When I got into E30's in the mid 00's you could drop a lot of money on an E30 and get only pennies when you sold.
In fact, the previous owner of my car did the interior and new dashboard, while the owner before him did a high end respray (his father had a car restoration paint shop). I then bought that E30 in 2005 for 7k Aussie (about 5k USD).
So I got it for next to nothing and the body/interior were spectacular. You cannot get those sunk cost cars anymore.
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OE/ OEM is expensive. Rebuilding my M30, megasquriting my E30, paint, gaskets, door seals, custom emblems etc.
I think im around 12-13k but I enjoy the car now and the only things left are the brake lines, fuel lines and rear subframe. Everything else has been gone over.
Its probably too much to spend on a car with a student budget tho :P
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It can get very expensive, I have been working on a 320IS tribute, just have the body painted that was $12k, I don't want to even think about how much the total project is going to cost, between paint, complete S14, E30 M3 5 lugs suspension, and E30M3 interior and wheels I am hoping to stay around $45K not including the car.
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I've been keeping an excel where I track all my costs restoring my E30. Will never show it to my wife 😄.
I've spent much less than what you have, but more than the car is worth for someone else, by far. And I still need to do some struts/shocks and am really trying to talk me to do a manual swap (anyone has a set available at good price?). Like you, I spent a ton on window Weatherstrips and things that, that no one really thinks about and cost a lot. I am still surprised when I see decent E30 well sorted for $10k or less.
I restored a Porsche 928 some 5 years ago and it was even more expensive. The saying on the Rennlist forum is that it was $10k away from being a $5k car 😩. But I finished most of it and sold (had to move outside US for a while) for less than I spent, but not much of loss, considering all the fun I had.
It is our hobby, if you were doing something else for fun, you would be spending money too. Enjoy it and forget about finance while doing it.
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Originally posted by dnguyen1963 View Post
Sorry, I did not mean "all". I replaced only the struts and shocks, not everything. I bought parts from RMEuropean.
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Originally posted by roguetoaster View Post
All the suspension parts for $250? Hope you didn't buy one of those safety hazard ebay kits.
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Nice fresh paint and some goodies under the hood! I love the color. Looks like CEP is the only place that has both bumpers at this time. ECS has the front however the back is NLA.
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