Should I give up the M3 project?

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  • spyderbret
    Member
    • May 2012
    • 58

    #1

    Should I give up the M3 project?

    So this is where it started: https://www.r3vlimited.com/board/for...w-to-me-e30-m3

    Now, over 8 years later it's sitting in pieces in my back yard. Engine torn half down getting sadder and sadder every day. I'm moving to a new house soon and my wife keeps bugging me to do something with it. Honestly I'm not going to personally put this all back together. I'm way past that now.... I could take it to a shop to have it put back together but there is not one in Vegas that has shown real interest in doing it and I dont want to send it out of state. All the pieces are there to get it running again and probably 90% of the interior pieces are present. I have no idea what these are going for, especially in this condition with a salvage title. My plan was to rebuild the S52 and make it a nice driver since the salvage title does not win it any favors. I have not been that active here for a long time as I moved on to newer BMW's and then Porsches. I still have a soft spot in my heart for the E30 M3 but I need to be more realistic about my situation and what I'm prepared to do. Any comments, thoughts and suggestions would be very helpful!!!
    2013 X5D
    2012 Porsche Cayman R
    1988 BMW E30 M3 Build thread: M3 Build
  • moatilliatta
    R3V OG
    • Feb 2005
    • 6121

    #2
    What is your budget and free time for the year?

    Its easier to dream than do.

    I was up above it, Now I'm down in it ~ Entropy - A Build thread.
    @Zakspeed_US

    Comment

    • ButtJuice
      R3VLimited
      • Dec 2009
      • 2609

      #3
      Sell me your rear license plate filler?
      sigpic

      1999 528it - Daily Driver “Dad Wagon”
      1991 325is - 2.8L Budget Stroker Garage Slut
      1991 318is - Sold
      1986 325 - Sold

      Instagram - Lamoursum

      Comment

      • 2mAn
        Señior Mod
        • Aug 2010
        • 20118

        #4
        I’ve been looking for an M3 that’s not a mint car. In LA...
        Simon
        Current Cars:
        -1966 Lotus Elan
        -1986 German Car
        -2006 Volkswagen Jetta TDI

        Make R3V Great Again -2020

        Comment

        • AWDBOB
          R3V Elite
          • Aug 2013
          • 4375

          #5
          Stating the obvious: If you sell, you will likely never find a cheap M3 again. But, if you take it to a shop for an engine build and reassembly of a project that was torn apart many moons ago, you’ll be left with a chunky bill.

          I would say this:

          -If you spend a bunch of money having a shop fix it up will you then enjoy the car, or would that further drive you to sell? If it would further drive you to sell, then sell now as you will have a better return than if you go all in trying to bring the car back.

          It sounds like you were also feeling out the idea of selling the car in 2016, maybe it’s time to let the car go before it suffers too much from sitting.

          Regarding value, I think you may be pleasantly surprised. It pains me to say, but I bet someone would give you $25K+ for the car. While most of us on R3V would never pay that, the market is wild. Several rolling shells have traded hands around $25K.

          Best of luck with your decision-

          (Also, open $15k offer from me at any time)
          1989 Hooptie 325iS Build Thread
          1989 Zinnoberrot M3 Build Thread

          Comment

          • twright
            Mod Crazy
            • Sep 2008
            • 705

            #6
            Put some pictures of its current condition here. Somebody will buy it. (Maybe even me.)

            Comment

            • e30austin
              I waste 90% of my day here and all I got was this stupid title
              • Sep 2010
              • 15382

              #7
              man...i commented a few times in your thread over the years, i would love to own the old girl. i'm interested in the car. i don't even want the engine! i do want an original Hennarot body, though.

              sending you a PM.

              A


              Comment

              • spyderbret
                Member
                • May 2012
                • 58

                #8
                That made me sad to take these pictures... My pictures are too big to attach so here's a link to some photos I just took. Let me know if you have any questions. Most likely going to list for sale soon. Thanks for the replies so far!!
                2013 X5D
                2012 Porsche Cayman R
                1988 BMW E30 M3 Build thread: M3 Build

                Comment

                • eLKuRLy
                  Grease Monkey
                  • Oct 2007
                  • 360

                  #9
                  Have you tried Sin City BMW?

                  Comment

                  • z168
                    Advanced Member
                    • Aug 2010
                    • 128

                    #10
                    Unless you have good feedback on the shop or a friend near/next to it to check up on it from time to time, its a challenge to get a build out of state.

                    I saw the photos. its not as bad as you worded it to be. I literally thought the car was in pieces. Since youre already into Porsches, a p-indi specializing on air cooleds might be the ticket.

                    Comment

                    • Il Duce
                      R3V Elite
                      • Feb 2004
                      • 5015

                      #11
                      Holy shit that looks like my old m3. I bought it in 2005 w/ a salvage title in Irvine CA. Do you know the history of the car by chance? The guy I sold it to put an m50 in it, and I heard it was impounded or something like that when he sold it.

                      If you have the means to keep it, I say do it!

                      Comment

                      • e30austin
                        I waste 90% of my day here and all I got was this stupid title
                        • Sep 2010
                        • 15382

                        #12
                        Originally posted by Il Duce
                        Holy shit that looks like my old m3. I bought it in 2005 w/ a salvage title in Irvine CA. Do you know the history of the car by chance? The guy I sold it to put an m50 in it, and I heard it was impounded or something like that when he sold it.

                        If you have the means to keep it, I say do it!
                        he bought it from "Ara" on this board, and TNG Specialties installed an S52 at some point in the 2000s.


                        Comment

                        • Julien
                          R3V OG
                          • Feb 2004
                          • 7471

                          #13
                          a million people will gladly take it off your hands. it's only a car, let it give someone else pleasure
                          Build Threads:
                          Pamela/Bella/Betty/325ix/5-Lug Seta/S60R/Miata ITB/Miata Turbo/Miata VVT/951/325xi-6

                          Comment

                          • reelizmpro
                            R3V OG
                            • Dec 2003
                            • 9450

                            #14
                            I thought I recognized the name. We spoke years ago about the car. Yes. If you haven't done it by now...pass it on.
                            "I'd probably take the E30 M3 in this case just because I love that little car, and how tanky that inline 6 is." - thecj

                            85 323i M TECH 1 S52 - ALPINEWEISS/SCHWARZE
                            88 M3 - LACHSSILBER/SCHWARZE
                            89 M3 - ALPINEWEISS II/M TECH CLOTH-ALCANTARA
                            91 M TECHNIC CABRIO TURBO - MACAOBLAU/M TECH CLOTH-LEATHER

                            Comment

                            • MR E30 325is
                              No R3VLimiter
                              • Dec 2008
                              • 3299

                              #15
                              I'm far too far down the list by now, but I have cash, a truck and trailer, could not care less about a salvage title, and live ~3.5 hrs away. Say the word and I'll drive over.

                              I do agree with everyone else though. Let that thing go so it can be appreciated by someone who will fix it up and drive it! An M3 shouldn't rot away in someone's backyard (exact reason I bought one last June).
                              My previous build (currently E30-less)
                              http://www.r3vlimited.com/board/showthread.php?t=170390

                              A 2016 Toyota Tacoma TRD 4x4 Offroad in Inferno is my newest obsession

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