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Old 03-22-2010, 03:38 PM   #1
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Default What do you think it's worth? E30 M3

A guy I know has an E30 M3, less than 36k miles, '88, kind of a gun-metal grey color. It's just about perfect, very well cared for/maintained, just had BMW dealer service at 30k mi. This guy has never even driven it in the rain, it is totally babied.

The prices on these things are pretty high these days. Anyone out here in Miata-land know what something like this is worth? I'd hate to see him get effed by some douche-dealer.
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Old 03-22-2010, 03:48 PM   #2
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Okay Okay, I'll take it. jeez.
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Old 03-22-2010, 03:54 PM   #3
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Granted, there were those two barn find ones linked here last week. But, other than those, you may be hard pressed to find one with less miles/better condition than this one.

He doesn't drive it a dozen times all year, and not till late may up here in salt-hell, NY.

What's it worth?
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Old 03-22-2010, 03:58 PM   #4
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It's worth nothing, and actually it's quite dangerous. It doesn't brake, steer, or shift automatically. It won't alert the appropriate government agencies when you crash. It contains no explosive devices in the interior compartment to protect you. Basically, it's a death trap.

Fortunately, I'm quite experienced in disposing of these dangerous items. Ship it to me and I'll take care of everything.
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Old 03-22-2010, 04:11 PM   #5
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Tell him it's worth exactly as much as a turbocharged '92 Miata with a rollbar and Boxster seats.
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Old 03-22-2010, 04:12 PM   #6
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they go for 12k here
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Old 03-22-2010, 04:47 PM   #7
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Easily 10 - 20k depending on actual condition and mods.. Seriously, they're worth more than any E36 ///M I've seen..
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Old 03-22-2010, 04:54 PM   #8
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Quote:
Originally Posted by elesjuan View Post
Easily 10 - 20k depending on actual condition and mods.. Seriously, they're worth more than any E36 ///M I've seen..
8-10k would be for a ragged out piece of ***** in the E30 M3, imo. I've seen plenty of these beaters on the road. This is not one of them. It is as close to new as you can get with a car of this age. I don't think this dude would even consider selling for less than 20k, it simply wouldn't be worth it to him.

They are worth more than the E36's at this point, especially in good condition.

I think, purely as a driver, and to me all cars are/should be drivers, the E36 would be better. But, the E30 M3 has some magical desirability to some people. For this fact, someone probably would buy my friend's car for some pretty good money. I guess it would just need the right buyer.
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Old 03-22-2010, 04:58 PM   #9
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Save your dough and buy five 190e 2.3/16s. Now that would be unique.
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Old 03-22-2010, 05:09 PM   #10
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damn post picss~!!!
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Old 03-22-2010, 05:16 PM   #11
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I asked one of my friends who is into E30's and he says if there is no rust 13-15k for it.
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Old 03-22-2010, 05:24 PM   #12
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Quote:
Originally Posted by webby459 View Post
This is not one of them. It is as close to new as you can get with a car of this age. I don't think this dude would even consider selling for less than 20k, it simply wouldn't be worth it to him.

They are worth more than the E36's at this point, especially in good condition.

I think, purely as a driver, and to me all cars are/should be drivers, the E36 would be better. But, the E30 M3 has some magical desirability to some people. For this fact, someone probably would buy my friend's car for some pretty good money. I guess it would just need the right buyer.
I'm gonna agree with this 100%. Re-Read your first post and noticed the mileage, I'd say 20 would be a starting point. There is just something about them, and if I had it I'd pay it. Those E30s are flat out SEXY.
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Old 03-22-2010, 05:31 PM   #13
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Typically, so I hear from the BMW boards, is that mint e30's (and no issues) will cost a buyer 18k no matter how you slice it. So either buy it for 18k and do nothing, or buy it for 8k and put 10k into it. He should be looking for an enthusiast buyer, and not some dealer trade in crap.

If it's as described, more than 15k. Low mileage will get higher numbers. He should get top dollar for his. Post your question and some pics on the bigger forums (bimmerforums.com) and you will get tons of replies, if not a buyer.

Is this a US spec M3 or imported?
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Old 03-22-2010, 05:32 PM   #14
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Put it on ebay no reserve, its only worth what its worth.



Honestly put it on a the biggest bmw board out there with a "low mileage m3 value" title with a very detailed post on it with tons of pictures asking how much its worth and let the pm offers begin.
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Old 03-22-2010, 05:51 PM   #15
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Quote:
Originally Posted by jacob300zx View Post
Honestly put it on a the biggest bmw board out there with a "low mileage m3 value" title with a very detailed post on it with tons of pictures asking how much its worth and let the pm offers begin.
This. They probably won't even rag on you for posting a thinly veiled FS ad like some forums will when it's something they want.
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Old 03-22-2010, 09:33 PM   #16
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Not many, but a few minty, low milage (not that barn find low milage, but under 50k like the one you mention), all original E30 M3s have touched the 20k+ mark. Try s14.net for a better gauge.
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Old 03-22-2010, 10:46 PM   #17
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I honestly don't have enough interest in it to post on another board, but I will tell the other guy to troll around a little. Thanks for the ideas on the boards to post to.

I don't have any pics, but really this thing is as good as described. Except for two tiny issues, being a small blemish on one door and a missing emblem on a wheel cap, it presents as new. If it were mine, I would fix these and ***** it to get the last buck. This dude babies it way beyond what I am even comfortable with, it has literally never seen a drop of rain. All maintenance was completed by the BMW dealer, to the book.

We were both thinking 20k plus maybe a bit after poking around a little. It would obviously take just the right person to buy it. Probably someone for whom it was just another toy in a big collection, and the difference between a 10K POS and this one for 20-25 wouldn't be an issue.

[Flame Suit]I just don't get it. I'd rather a cheesy E36, maybe 328, the right Turner mods, and I would eat any E30 for lunch. That's just me, though. I would, however, pay too much for a Lancia Delta Integrale, but we all have our fetishes.
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Old 03-22-2010, 10:50 PM   #18
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Oh, and it's a US Spec M3. I'm not aware if there are generally any options on these, and I don't know what it has. It is original, to the stereo, speakers, wheels, etc etc. Grey, like a gun metal color.
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Old 03-23-2010, 12:03 AM   #19
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NADA Value is $8,900 tell him I'll give him $1,100 on top of that to make it an even 10K and he's getting a hell of a deal.
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Old 03-23-2010, 01:19 AM   #20
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15k easily. The owner of the M3 that is stored at my house is selling his for 10k and its a ragged beat to **** track car with no interior and straight pipe catless, mufflerless exhaust.

I'd say they're worth it though unlike some of the other fanboy rare cars. In my opinion though they are at home in performance driving conditions, not being babied.
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