Hey guys and girls,
The M3 is officially for sale!
For those who know the car, this is the cleanest E36 M3 around!
1997 BMW M3
Black Leather interior
Alpine/mb quart/ jl audio, audiophile quality stereo
clear front side markers
clean car fax
I am the second owner
OP did you buy this from a collector? If so I believe I have met you with this car a few years back at marsh creek. This thing looks to be it the same pristine condition, although it wasn't tinted back then.
Again, good luck with your search. Let me know when you buy one in this condition for $10k. My experience suggests that E36's in your price range need work.
If you want a well documented car, low mileage, right color... Expect to pay for it, especially for cars that hold and will ultimately appreciate in value with time.
Also, I recently sold my 135i, so yes I am in the market.
this e36 is in gorgeous condition, but my reaction when i saw the 17.5k asking price was . dont get me wrong, its a very nice car.. but for that money i can get an early model e46 m3 with the same mileage. he does state OBO, so no need to go crazy about his asking price if he is open to more realistic offers. on another note.. glws op
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If you can almost get a same mileage or similar mileage E46 M3 for the same price as this car, then by all means get it. If you want an E46 M3 and cannot afford one, get an E46 330i (preferably ZHP) NOT an E36 M3.
Let's put this into further perspective, try asking a 993 Porsche owner if they would consider a similarly priced 996 Porsche? Sure the 996 is more equipped, higher revving, and plenty more HP, the E36 is more raw, simpler and preferred by many.
2. I have yet to see a sub-60K E46 M3 in the sub $20k range worth buying. If so, does it have records, clean history etc? There are a couple that are close, but most are SMG/Cabs and sold discount broker with no records/history/idea of whether it had necessary maintenance (Inspection I/II and valve adjustments.)
3. Enthusiastauto tends to be the epitome of pristine M3's... They are also a good gauge for how appreciated cars should be priced. Here is a very real comparison to the above car. http://enthusiastauto.com/qsearch/?i...orm_display=51.
The idea here is that people want a turn key car with absolutely nothing to fix/replace and are willing to pay a premium for it. Sadly, people are shopping for an M-badge and mistakenly think that an E36 and E46 are comparable. I unfortunately suspect the intention of a select few here is to spend above their means, beat the snot out of the car, not keep up with the rigorous maintenance and flip the car, hence the lowball offers. If that is the case, this car is not for you, move along.
Last edited by Ducky 2.0T; 05-24-2012 at 12:59 AM.
Thanks for all the kind responses, the car is still avail. While my asking price is 17.5obo, its a fair price and would take some time to sell. After trolling the BMW boards, autotrader etc there is nothing else like this out there.. would like to get 17.5 but first person with 15k gets the car!