E36 M3 VALUE

[splintheter]

For an E36 M3? Really? Thats clean E46 money... Or are you saying a clean E46 is worth 500k?

Thats how collectible cars work. they are worth what people are willing to pay. Nobody is arguing that an e46 M3 is better than an e36 M3 in almost every way, but stock of clean e36s is now limited and people are willing to pay "crazy money"

Look at the ridiculous prices paid for a clean and original 325is.

I have already been offered between R250k and R300k for my E36 M3 more than once, and I am not looking to sell. So I haven't just pulled those figures out of the air.

 

[Bernard///M3]

E36 M3 is the new 325iS :cartel:

In my opinion the E46 will start rising as well once they start becoming a bit more rare.

Most E36s are or are almost considered classics as they over 20 years old!

One thing is for sure M vehicles after a certain age and depending on condition start appreciating

 

[Peter@AEW]

Roughly R280/320 and there would still be room for margin on it.

:skit: :hammerhead:

http://www.pistonheads.com/classifieds/used-cars/bmw/e36-m3-92-99

It is best that one keeps quiet rather than speak and dispel any doubts.

 

[Donovan2412]

Roughly R280/320 and there would still be room for margin on it.

:skit: :hammerhead:

http://www.pistonheads.com/classifieds/used-cars/bmw/e36-m3-92-99

It is best that one keeps quiet rather than speak and dispel any doubts.

What exactly does that link prove?

The OP asked "What is a fair price to pay for this car?"

Not "what does this car sell for in the UK".

 

[TurboLlew]

I concur with the guys saying 'Around 200K'. I have seen many horrible cars for sale 100-150K AND they sell at close to those prices. I would grab this car if I were you and you have done your due diligence.

 

[splintheter]

Roughly R280/320 and there would still be room for margin on it.

:skit: :hammerhead:

http://www.pistonheads.com/classifieds/used-cars/bmw/e36-m3-92-99

It is best that one keeps quiet rather than speak and dispel any doubts.

What exactly does that link prove?

The OP asked "What is a fair price to pay for this car?"

Not "what does this car sell for in the UK".

Says the guy that puts up a sarcastic picture ? What exactly does that prove? That you are the class clown ?

If you don't understand how the value of cars in the UK affects collectible cars in SA, one of the few RHD markets, then I am guessing you are not qualified to comment on what would be a fair price to pay.

So yes there are two separate values here. What is the car worth? (if everything checks out, its easily worth R250k. FACT) and whats fair to pay? As someone has said already, pay as little as possible.

 

[tinovittee]

Not ideal how we got to this finding... but there's a compelling argument to get hold of a a clean e36 M3 and make it squeaky clean... or happily pay top dollar for a squeaky clean 1 now... because the price is only going 1 way

 

[Yuben]

Question is how much would you be able to insure it for assuming you spend R250k on it:skit:

 

[RAArmstrong]

Question is how much would you be able to insure it for assuming you spend R250k on it:skit:

Well exactly

 

[Peter@AEW]

Question is how much would you be able to insure it for assuming you spend R250k on it:skit:

Well exactly

With "collectible cars" one is able to have a sworn appraiser give a valuation for the purposes of insuring the car.

Specialist Insurance Companies will then underwrite the risk on the basis of the sworn appraisal as well as other documentation to support condition of the car etc...

 

[Yuben]

Question is how much would you be able to insure it for assuming you spend R250k on it:skit:

Well exactly

With "collectible cars" one is able to have a sworn appraiser give a valuation for the purposes of insuring the car.

Specialist Insurance Companies will then underwrite the risk on the basis of the sworn appraisal as well as other documentation to support condition of the car etc...

Sorry but I don't buy it that the E36 M3 is currently appreciating in value.

 

[Elton_LV]

Then try buy a mint one.
If you find clean coupe's, be it one or a few, sub 150k, send them all my way

Plenty of them for sale at the R120 - R150k Mark that would need at least another 60k minimum and that's only mechanically. Look into cosmetics and you easily in for over 100k
Trust me I know, been there done that

To ME the biggest difference the older cars give you is emotion, the new cars may give you achievement of being able to afford it, but the emotion attached to owning cars you wanted growing up is priceless

 

[Yuben]

Look, if you buy one for R150k you probably have to spend another R50k-R100k on it. Noted :coolShake:

But if you get a mint one as some call it for R300k, you can't tell me that you will not need to fork out on a +/- 22 year old car and everything in still going to be in pristine condition.

Just because mint examples are becoming hard to find does not justify the E36 M3 becoming a "classic" or "collector's" car which is supposedly appreciating in value every day.

 

[RAArmstrong]

Look, I think at the end of the day with a car like this its about its perceived value by both the buyer and the seller. They're emotional buys. These "youngtimers" are most definitely on their way to being classics and I do appreciate that their value will increase with time and as the clean examples become rarer and rarer.

But for me the E36 has never done anything special, its not a car I have much interest in which is why I don't see the value in them I suppose.

 

[Peter@AEW]

Look, if you buy one for R150k you probably have to spend another R50k-R100k on it. Noted :coolShake:

But if you get a mint one as some call it for R300k, you can't tell me that you will not need to fork out on a +/- 22 year old car and everything in still going to be in pristine condition.

Just because mint examples are becoming hard to find does not justify the E36 M3 becoming a "classic" or "collector's" car which is supposedly appreciating in value every day.

You have clearly made up your mind that no E36 M3 is worth X or Y amount.
You have equally made up your mind that it is not a collectible model.
Brilliant and nothing wrong with that.
There are however others who do not share your opinion and are willing to spend on them amounts which at first glance may appear to be ridiculous to you.

Now stop and consider that people will buy the e36m3 for it is and iconic M car from the days when the M Divison actually developed performance machinery and not badges and it was staffed by engineers and not design artists.

I guess one mans meat is another mans poison.

 

[Yuben]

Peter I share your sentiments that the M3 is an iconic car. As with Bernard, this car was also my childhood dream. It would still love to own one , one day.

All I'm saying is that I do not believe that it has reached the status of being a collectors item.:coolShake:

And that is just my opinion. :cartel:

 

[Prev]

I absolutely love the lines of the E36 M3 coupe and think it is one of BMW's finest designs. The drive is pretty special too. It set the standard in its era and many drivers of newer cars still feel that they have achieved something if they can challenge the E36 M3.

It will be near impossible to get consenus on what the true value of these cars are but that does not matter. What matters is what a buyer is prepared to pay and what a seller is willing to accept.

Given that there are very limited numbers of E36 M3 coupes and even fewer clean ones and even fewer pristine ones they are definitely a sought after commodity.

PS. Elton_LV if you ever thinking of selling yours please let me know :rollsmile:

 

[TMP TOYS]

I've had a few E36 M3's for sale over the past few months, and I can vouch for the demand and appreciating value. A few years back you could find a clean M for around R80k, now expect nothing less then R150k for a sub standard one.
As for not being a collectors car... its the first M3 that we had in SA. So very past becoming a Collectors item...

 

[Elton_LV]

I absolutely love the lines of the E36 M3 coupe and think it is one of BMW's finest designs. The drive is pretty special too. It set the standard in its era and many drivers of newer cars still feel that they have achieved something if they can challenge the E36 M3.

It will be near impossible to get consenus on what the true value of these cars are but that does not matter. What matters is what a buyer is prepared to pay and what a seller is willing to accept.

Given that there are very limited numbers of E36 M3 coupes and even fewer clean ones and even fewer pristine ones they are definitely a sought after commodity.

PS. Elton_LV if you ever thinking of selling yours please let me know :rollsmile:

Hehe Prev. Will do. For now she is back from the Ceramic coat and safely parked as a work of art :-D


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This threads is one of the reasons I throughly enjoy this forum, open debate, opinionated yet friendly, informative and fun to read


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[RAArmstrong]

:withStu: