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-   -   The 5 Year Restoration - E30 M3 Reborn (https://www.r3vlimited.com/board/showthread.php?t=319121)

CurrusDei 03-31-2014 04:28 PM

The 5 Year Restoration - E30 M3 Reborn
 
Hey guys,

So as of this morning my e30 M3 is on a car carrier headed from LA to Atlanta. I had been looking at e30 M3s for a while but so many of them have appreciated to the point where I wasnt interested as a project car - so i started looking at 2002s. When looking through ebay I saw a 30 minute old listing for an e30 m3 at $13.5k :shocked:

I took a second to read the description and saw that it had a stock photo (not the actual car) and that it had already received three offers that were declined. Didnt know if it was real or not, and new i didnt have long to decide. So I thought I'd find out - clicked Buy It Now.

Here's the car. Clean title, no wrecks, 176K miles (yeh, lots), but runs and drives fine. The pictures here have one stock wheel and the rest were "rollers" as the car had been sitting in a shop waiting for restoration work for several months. The other three stock wheels are coming with the car in the trunk and the seller is sending me another dash without a crack in it.

From the pictures it looks a little dinged up, and that front bumper needs some love, but overall - not a bad project car. And at $13.5 i have a lot of room to play with for parts.

Immediate Needs:
- Windshield
- Correct Rust Spot
- Engine fluids/belts/plugs/etc. Basically a full tune-up.
- Transmission Fluid/Brake Fluid?
- Full inspection

Other to dos
- Fix front bumper
- Pull motor - thinking it could use a full rebuild
- New Interior
- Switch out radio head unit for OEM or something that looks more OEM
- Full Body repaint and underside coating
- Likely all new bushings, etc
- Likely new suspension

Anything else you guys think it will need? I may order a tune up package from TMS or VAC in anticipation of its arrival. Any recommendations? What would you look at first on a car with this much mileage?

http://i1310.photobucket.com/albums/...ps8f14b96b.jpg

http://i1310.photobucket.com/albums/...ps33480ed9.jpg

http://i1310.photobucket.com/albums/...ps5acd702d.jpg

http://i1310.photobucket.com/albums/...psd7922a8b.jpg

http://i1310.photobucket.com/albums/...ps79a98240.jpg

http://i1310.photobucket.com/albums/...ps784c2d4a.jpg

http://i1310.photobucket.com/albums/...ps29e30ea8.jpg

http://i1310.photobucket.com/albums/...ps638e119b.jpg

http://i1310.photobucket.com/albums/...ps8131ec8a.jpg

http://i1310.photobucket.com/albums/...psc9d06d20.jpg

qwerte 03-31-2014 04:38 PM

Nice project! Its going to require a lot of money and time to get it up to spec.

Welcome to the very expensive addiction!

oliver.r 03-31-2014 04:40 PM

its crazy that something that need that much work sold for that much, this market is bonkers

archie 03-31-2014 04:48 PM

Nice score!
Don't rush things, that's all I have to say.

mitchlikesbikes 03-31-2014 04:53 PM

Quote:

Originally Posted by oliver.r (Post 4076105)
its crazy that something that need that much work sold for that much, this market is bonkers

same thing i was thinking. almost as bad as the 80s 911 market haha

golde30 03-31-2014 04:59 PM

$13.5K is not a bad price for a running e30m3 with clean title. its not a crazy steal, but you didnt overpay either. You do have your work cutout for you, but isnt that the whole point?? hahaha, nice buy though.

CurrusDei 03-31-2014 05:16 PM

Thanks guys. I thought it was a pretty good deal considering there is a track prepped M3 with a roll cage (I read-never going to be all original again) going for over $20k now.

Golde - you hit the nail on the head. Its a project car. I have a daily driver e90 FBO 335 (did someone say expensive addiction?) so I'm not relying on this car for reliable transport.

Glad to be here.

tak7 03-31-2014 06:18 PM

Quote:

Originally Posted by Zinoberrot (Post 4076095)

I didnt have long to decide. So I thought I'd find out - clicked Buy It Now.

I like your style.

reelizmpro 03-31-2014 06:56 PM

Looks like you made out alright depending on how resourceful you are. That was quite a gamble. I do believe someone would have pulled the trigger if you hadn't. At this point one almost can't lose buying e30 m3's.

Nats88M3 03-31-2014 07:32 PM

Nice!!! Good luck with it and hope to see updates on the progress!

CurrusDei 03-31-2014 07:53 PM

Quote:

Originally Posted by reelizmpro (Post 4076255)
Looks like you made out alright depending on how resourceful you are. That was quite a gamble. I do believe someone would have pulled the trigger if you hadn't. At this point one almost can't lose buying e30 m3's.

I felt like I was on the clock. Dont think I've ever bought and read a VIN search that fast. I was bummed because I had lost an auction on a 69 2002 a few days before. Now I'm glad i did! That 2002 went for $15.3. Thats my car plus a 2.3 engine rebuild kit ;)

I'm planning to do the work myself. First engine rebuild I've ever done so I'm going to be very slow and deliberate. Not sure if I should do 2.5 upgrades or leave it stock. Decisions decisions...

Thizzelle 03-31-2014 09:02 PM

here is where you start.
start reading hahahahaha
http://www.r3vlimited.com/board/showthread.php?t=148000
restored whole M3. Everything for engine rebuild is in there. I think he upgraded to 2.5L

M-technik-3 03-31-2014 09:30 PM

For an all stock it's an OK buy. I'm not knocking but as you know it has rough edges so you have work to do and either hate or enjoy.

Stay 2.3L for now because the jump to 2.5L renders the 2.3L block at it's Max bore afterward so not worth it.

17sd 03-31-2014 09:57 PM

I think the price paid for the car is very good.
I'm sure if OP did not buy it, someone will buy it for that much.
Welcome to the community.

CurrusDei 04-01-2014 08:01 PM

Quote:

Originally Posted by Thizzelle (Post 4076432)
here is where you start.
start reading hahahahaha
http://www.r3vlimited.com/board/showthread.php?t=148000
restored whole M3. Everything for engine rebuild is in there. I think he upgraded to 2.5L

Wow that thread is a treasure trove of info. I've been reading it since you posted that. I may just screenshot the whole thing into a manual to keep into the garage.


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