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topnotchrally

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Posts posted by topnotchrally

  1. Posted · Report reply

    8 minutes ago, paulo said:

    I think that there has also been a distinct "drought" of e39 M5s coming onto the market for the last year or so (but a reasonable number of e46 M3s), and when those 3 M5s popped up recently, there was pent-up demand to see them snapped up quickly.

    That is an excellent point, I completely overlooked that.  

  2. Posted · Report reply

    1 hour ago, leonf said:

    I actually think it's more a case of not very much is selling at the moment in the weekend/special car sector.  That money being spent there is from the descretionary pile and people in general are reluctant to dig into that pile of cash as they are not sure if the current economic mess we are in (as a country) will impact them personally.  Best to hold and wait to see if the new mortgage rate is going to be just bad.............or catastrophic.

    That sounds quite logical except... how do you explain the sale of 3x E39 M5s in the span of 2 weeks, about a month ago.  One for $40k, the others for more than $50k? Each of the sold in less than two days.  I know because I bought the 3rd one on the day it was advertised, after missing the 2nd one by waiting one day to call.  The 1st one ($40k) was sold by a foolish person who set the buy now $5k too low.  There is still one for sale now but, as with these M3s, it is overpriced ($65k, high kms). There have also been 2 or 3 Evo M3s sold in the last few months, though each of them took a few weeks to sell.  There is money out there, but it's not foolish.  The Evos took time to sell because they were price just above market value.  The only E46 M3s I've seen sold are top condition examples for acceptable prices ($55k).  

     

    But, to support your argument a bit, E39s are 'old man' cars and they (we!) are perhaps more likely to have spare cash.  M3s are 'younger man' cars, perhaps less cash lying around?

  7. Posted · Report reply

    On 4/13/2022 at 6:42 AM, Bandit said:

    Veering right off the E39 but staying with the Alpina theme, these cars perform almost like nothing else:

    https://www.trademe.co.nz/a/motors/cars/bmw/z4/listing/3552426877?bof=EWW7gL8N

    Yawn. It's a grey Z4 with a black interior. Yawn. I don't care for the wheels.  It's a non-M motor (1 throttle body). Yawn.  I guess someone somewhere will love it... I suppose it is 'unique'.

    For the record... "The engine is a handbuilt 3.4-litre E5/2 inline-6  The engine is an enlarged version of the S52B32 engine[3] first installed in the North American M3 (E36)."

    • Confused 2

  10. Posted · Report reply

    4 hours ago, Kees said:

    Just checked my screen recording, is the same Trademe account, so must be the same owner. 

    Bet the seller is glad they didn't sell it for sub 40K! 

    Let's analyze this some. He (presumably) couldn't sell if for 40k two years ago, so what now? He won't sell it for $55k?  What has been gained? Ok, the value of the car has definitely risen, and it can definitely be sold for $40k-$45k today but I think he's still a bit 'ahead of the market', price wise.

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  14. Posted · Report reply

    33 minutes ago, E30 325i Rag-Top said:

    One has been cleaned and moved a clear area to be photographed, the other seems to be going for a “barn find” aesthetic.

    Ahhh, yes.  How did I not notice. Perhaps this says something about the 'quality' of the ownership too?

  17. Posted · Report reply

    I think many will remember the black/black one in Feb 2020.  It was an auction for $20k buy now and incredibly, no one bought it on the first go... how the times have changed.  It sold for $20k and appeared a few weeks later for $32k with people whining as the have now.

    Here it is... hard to believe now.

    https://www.trademe.co.nz/a/motors/cars/bmw/listing/2511543305

    Here's the history.

     

    Usesless info... I was trying to kick my M-habit at that time and had sworn off TM for a few weeks... bad timing!

  20. Posted · Report reply

    The 96 Byzanz Evo Sedan is back on TM.  

    https://www.trademe.co.nz/a/motors/cars/bmw/listing/3499675862

    I nearly bought this car (from a private owner) for $23k two and a half years ago but, perhaps foolishly, felt that 200k km was too high for an investment car, little did I know...  Anyway, this dealer bought it and put it up for sale for. $28k (IIRC) at that time.  It has had some work done and some repainting, as it had some clear coat issues previously.  

    A bit of an aside, this is 1 of 2 NZ New Evo sedans on TM without sunroofs.  I don't understand why anyone would order a special car like this without a sunroof. I come from the northern hemisphere where I have never seen a single E36 M3 without a sunroof.

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