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anybody want a 30k mile e30 M3?

Discussion in 'Other Off Topic Forum' started by rated///M, Nov 30, 2003.

  1. rated///M

    rated///M Formula Junior

    Nov 3, 2003
    478
    Charlotte, NC
    Full Name:
    Trevor Ely
    I've got a close friend who's selling his Cinnabar Red/Tan E30 M3

    Car looks as if it's just been pulled out of the showroom...the finest e30 M3 i've ever come across, and i've seen several show quality M3s.

    30,006 miles
    completely stock(except for org. driver seat cover that was installed from new)

    he currently has it on ebay, here's a link...
    http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=2446148991

    thanks
     
  2. GuardsRed

    GuardsRed Karting

    Nov 4, 2003
    129
    Alexandria, VA
    Full Name:
    Sam
    Okay, what is the bottom line price? I hate that auction crap.
     
  3. Stickanddice

    Stickanddice Formula 3

    Nov 2, 2002
    2,473
    I love these M3s. Such a blast to drive. Great car. Can't believe the thing only has 30k miles!! WOW!!

    Cheers
     
  4. rennen

    rennen Karting

    Nov 1, 2003
    139
    New York
    The original, and still the best. Very few cars provide as involving a driving experience as an e30 M3.
     
  5. Gilles27

    Gilles27 F1 World Champ

    Mar 16, 2002
    13,337
    Ex-Urbia
    Full Name:
    Jack
    I know a guy with one, and he and his wife both use it as a daily driver and their track car! They love it.
     
  6. rated///M

    rated///M Formula Junior

    Nov 3, 2003
    478
    Charlotte, NC
    Full Name:
    Trevor Ely
    guardsred, he's asking $25k...i've heard many bmw specialist/engine builders/CCA guys/etc. say that he should ask atleast $28k for the car.

    He's in a position now that he wants to sell it...as he doesnt have a room(literally and financially) to keep it around.

    If you have any questions about the car, just post I can answer as much as I know...but for detailed questions just email him.

    Trevor
     
  7. Chip D

    Chip D Formula Junior

    Sep 13, 2003
    275
    Louisiana
    E30 M3 is one of my favorites.
    Looks like a well kept car.
    I hope he gets a good price for it.
    Did you post the sale on bimmerfest.com and bimmer.roadfly.org
    There might be someone looking for an M3 there
     
  8. rated///M

    rated///M Formula Junior

    Nov 3, 2003
    478
    Charlotte, NC
    Full Name:
    Trevor Ely
    i believe he's got it on roadfly....not sure about bimmerfest.com, thanks for the help though.
     
  9. rated///M

    rated///M Formula Junior

    Nov 3, 2003
    478
    Charlotte, NC
    Full Name:
    Trevor Ely
  10. rated///M

    rated///M Formula Junior

    Nov 3, 2003
    478
    Charlotte, NC
    Full Name:
    Trevor Ely
    c'mon guys...i know some of you f car guys want a well balanced street legal race car, and it's red!
     
  11. WJHMH

    WJHMH Two Time F1 World Champ
    Silver Subscribed

    Sep 5, 2001
    20,752
    Panther City, Texas
    Full Name:
    Will
    What is up with your avatar?
     
  12. FLATOUTRACING

    FLATOUTRACING F1 Rookie

    Aug 20, 2001
    2,684
    East Coast
    Full Name:
    Jon K.
    #12 FLATOUTRACING, Dec 18, 2003
    Last edited by a moderator: Sep 7, 2017
    Please don't take offense to this but maybe your buddy thinks some uninformed Ferrari person with wads of cash will pay 28K for that car.

    28K for a car that is 15 years old and retailed NEW at 35K isn't worth anywhere near 30K.

    Before you assume I know nothing about M cars, I have owned three of them including 2 E30 M3's and currently own a 1988 E28 M5 (now a race car). The best E28 M5's (ones with less than 50,000 miles) and in mint shape are changing hands for 18-20K and this is a car that retailed NEW at 46K and is a thousand times rarer than a E30. Only 1200 of these cars were built and half of them are now in junk yards.

    You buddies car is a very nice low mileage example but it's value is closer to 18-20K at most not 28K.

    That car will be for sale for years if he doesn't lower it closer to 20K.

    Regards,

    Jon P. Kofod
    1995 F355 Challenge #23 (for sale)
    www.flatoutracing.net
    Image Unavailable, Please Login
     
  13. kenny

    kenny Formula Junior

    Nov 9, 2003
    376
    Greenwich , CT
    Full Name:
    Kenny
  14. rated///M

    rated///M Formula Junior

    Nov 3, 2003
    478
    Charlotte, NC
    Full Name:
    Trevor Ely
    Hey Jon,
    Well he is asking a lot for the car, but he's had several long time CCA members that would gladfully give him $20k for the car, but he wouldn't budge.

    Anyway, concerning the rarity between your e28 M5 and the e30 M3....first of all, the e30 M3 is the most winningest BMW of all time(something, I dont believe the M5 can be acclaimed for), second of all, for example, there were less than 2,000 non-M coupes produced in the US...this doesn't mean they're holding their value any better than a similar non-M Z3 roadster.

    Jon, regardless of what you think, cars can appreciate to more than their original msrp.

    Here's a nice one for reference...

    http://www.r3vlimited.com/phpBB2/viewtopic.php?t=1457&highlight=bubble

    I'm not trying to take advantage of a wealthy Ferrari owner, despite what you may think, just getting some exposure to this super clean example of a race icon, to some of the enthusiasts on this forum.

    Solipsist: my avatar? that's bmw/DesignWorks' fabulous designer, Chris Bangle, doing his thang
     
  15. Jordan Ross

    Jordan Ross Formula Junior

    Nov 4, 2003
    591
    Austin
    Sorry to go a bit off topic (well the car in discussion is a BMW, so what the hell)

    THAT is chris bangle? ROTF!!!!
    Holy crap, what possesed Helmut (?) to hire that guy, hes a freaking lunatic and he cant differenciate between a car that is "interesting" to look at, and one that is good looking.
    God, I just about puked when I first saw the new 5.

    About the E30 M5 in the discussion, 25k is a bit steep, but these cars will run as far as your wallet, they are very well mde. The M/// cars are a hoot, especially the M5. Id love to own one.




    sorry if i misspelled anything, its almost 1am down here and i am very groggy.
     
  16. kenny

    kenny Formula Junior

    Nov 9, 2003
    376
    Greenwich , CT
    Full Name:
    Kenny
    You still trying to peddle that thing?? At the price you're asking, that car will still be sale a year from now..

    The whole reason the E30 M3 was produced for the public was because under Group C racing rules, 5,000 production cars were needed to be built to qualify to race,,, Of course it would have a more extensive racing history than an E28 M5...
     
  17. FLATOUTRACING

    FLATOUTRACING F1 Rookie

    Aug 20, 2001
    2,684
    East Coast
    Full Name:
    Jon K.

    rated///M,

    While 20K is reasonable, 28-30K isn't. That's not to say that some fanatic out there who sold his won't step up and offer more but the current market for a low mileage E30 M3 is 15-18K.

    As for the other example you gave, again asking price is irrevlant. I could have asked 100K for my 355 Challenge but that doesn't mean it's worth that amount.

    Even with the low mileage on that E30 45K is nuts and off the chart. Bubble wrap of no bubble wrap it ain't gonna sell.

    As for the winningest BMW that bears about as much relevance to the price of a E30 M3 as saying my old 911 Carrera 3.2 is special because the Porsche 911 is the winningest endurance car at LeMans and in IMSA.

    The M coupe deserves no special mention at all. It's a mass produced M car that no longer has any special meaning. In fact M has no special meaning anymore. Nearly every model except the 7 series has an M variant. Cars that are not even M cars use the M5 motor Z8. They are no longer hand built at a seperate porduction facility and their engines share nothing with the race derived units that won hundreds of races in Europe of the past 25 years.

    The motor in the M5 has just as much history as the M3 if not more. The M5 unit in the E28 and E34 is the original BMW Motorsport unit developed by Paul Rosche that powered BMW's to wins in the 70's in touring cars and helped them win many F2 races. It powered the M1 street car and the awesome M1 Procars. Part of the technology from that car went into designing the BMW F1 Turbo engine that made over 1400 hp in qualifying trim. Please don't compare a handbuilt M5 with a M coupe.

    There were special edition M Motorsport E30's built in Europe and the UK that certainly command very high prices. I am referring to the various EVO models, including the EVO III and the special Cecotto models sold overseas. Those are worth the extra money.

    But your car is just a run of the mill E30 M3 that happend to be in great condition and has low mileage. Certainly it deserves a premium over the current market price range of 8-12K but not 30K nor 45k for the other one. The car only sold new for mid-30's.

    Also keep in mind that if you really wanted the winningest E30 variant you could buy a true DTM race car or Group N E30 like the DTM car that BMWCCA member Ron Checca has. It's a real 2.5 Group A Spec E30.

    it's certainly a nice car but I have seen plenty of sub 50,000 mile cars sell around 17-19K in the past three years.

    Your car (or the one being sold) is no different.

    Regards,

    Jon
     
  18. rated///M

    rated///M Formula Junior

    Nov 3, 2003
    478
    Charlotte, NC
    Full Name:
    Trevor Ely
    Don't believe I ever stated he was asking $28k for the car, but besides that...

    Sorry to offend you about the M coupe/non-M coupe example...wasn't trying to compare your car to to a M coupe...dont get the wrong impression.

    Anyway, $45k for the e30 in a bubble is outrageous...but was just throwing it out for reference.

    About what you said about BMW Motorsport...I can understand your point, but 'M' still has a place among the finest of sports cars. As far as the letter being overused...it's not AMG, BMW doesn't offer a bix box(i.e. G wagen) loaded with a sports car motor and slap a 'M' on it...and the fact that they've brought back yet another magical group of letters, CSL, on a model that clearly deserves them, is proof that BMW's Motorsport gmbh still remains very much like the original in house tuner that they originally were.

    Are the newest offerings from 'M' completely hand assembled...no, obviously this was over when the e34 came to be, this doesn't make them any less of a car to me.

    I'm through with this, the car is a stunning machine...and Jon doesn't tend to agree with me on this, but several, several other CCA old timers, among other educated BMW nuts have thrown numbers like $27k-28k out when speaking about it. It's one you do need to see in flesh to understand.

    B U M P
     

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