E30 325i Rag-Top 2956 Report post Posted February 5, 2022 Originality has a big effect on price, as you say manual swapped, engine swapped, etc. removes the originality factor. Having the tech 2 bumpers without the side skirts looks a bit odd from the side profile. 1 Quote Share this post Link to post Share on other sites
E28E30 335 Report post Posted February 5, 2022 1 hour ago, E30 325i Rag-Top said:Having the tech 2 bumpers without the side skirts looks a bit odd from the side profile. Agree. I dislike the red number plate surround: Reckon it would sell easier if it had a black Euro-spec one, the side skirts and rear spoiler, and pinstripe and monsoon shields removed… oh and if was cheaper. But E30s are a broad church with a wide range of interested followers and owners who like varying things. 3 Quote Share this post Link to post Share on other sites
Olaf 3317 Report post Posted February 5, 2022 On 1/25/2022 at 5:01 PM, E30 325i Rag-Top said: Wow that’s a flip and a half! Pretty obvious as well with the supply and demand for these so limited. Apparently was built in the “Motorsport Factory” 🤣 New CCCFA rules have really pulled back lending, so would be much harder to finance an E30 investment now as opposed to a few months ago. Would people actually borrow money to buy 30 year old e30's? Wow. Nearest thing to financing a car I've done - since 1989 - is extending my mortgage a little, and haven't done that for a car for 16 years. Usually pay cash for cars. If I don't have the cash, I can't afford it. Quote Share this post Link to post Share on other sites
Olaf 3317 Report post Posted February 5, 2022 On 2/3/2022 at 11:58 AM, gjm said: These are the considerations I've been mulling over with our Baur. It's not a manual, kms aren't especially low (but not silly high), and it's not NZ new. It *is* is good/very good condition, is a desirable colour, has a full list of options, and is rare. Pricing is a nightmare - many swings and roundabouts. Fortunately we're not in a hurry! no need to worry mate, you've been chanting that e30's are over-valued for ages now (while the market's moved more than $20k), so set your concience free and list it for $4k. Easy! 😎 1 Quote Share this post Link to post Share on other sites
Olaf 3317 Report post Posted February 5, 2022 14 hours ago, E28E30 said: Agree. I dislike the red number plate surround: Reckon it would sell easier if it had a black Euro-spec one, the side skirts and rear spoiler, and pinstripe and monsoon shields removed… oh and if was cheaper. But E30s are a broad church with a wide range of interested followers and owners who like varying things. That's a Euro Heckblende - a very desireable and costly item. You're essentially saying "if it looked exactly like I expect it to, it'll sell well". Do you manage to put aside your prejudices when buying a house? Or do you say "oh I don't like the colour of the bathroom. It'd sell easier if it was black. No, onto the next one". You really need to see the detail work on this one. 2 Quote Share this post Link to post Share on other sites
E30 325i Rag-Top 2956 Report post Posted February 6, 2022 4 hours ago, Olaf said: Would people actually borrow money to buy 30 year old e30's? Wow. When they were $3,000 for a good one people probably didn’t have to as they were relatively affordable. Now they are in the $30k-40k price range I would think most are being financed in some way or other - including stick it on the mortgage. The cost of lending, and availability of funds, has a big effect on car sales as a whole, as was visible in December and Jan. which indirectly affects the prices of all vehicles due to the movement in the supply v demand balance. Classic cars, including E30s, are an “investment” now apparently. 4 Quote Share this post Link to post Share on other sites
Olaf 3317 Report post Posted February 8, 2022 (edited) I like your use of "" around investment. All classic cars are speculation. Some have reasonable odds, but it's still not an asset, nor is it one that produces a return during ownership. Much as I love my e30, I'd not mention it as an asset in any statement of position. It's clearly a liability, soaking up coin for storage and maintenance [edit: and insurance] It's a Hobby - the kind of dirty secret the Govt currently has our bankers running around digging up the dirt on. "what's this $200 worth of lube every six months? Kinky." Edited February 8, 2022 by Olaf 4 Quote Share this post Link to post Share on other sites
lord_jagganath 421 Report post Posted February 10, 2022 1985 e30 coupe.... 9k. 1 Quote Share this post Link to post Share on other sites
MD13 494 Report post Posted February 11, 2022 Good price. Quote Share this post Link to post Share on other sites
gjm 3258 Report post Posted February 12, 2022 (edited) A properly special car, but at a price. And it's still some way shy of perfect. Rego quoted is inaccurate - the pic does show what may have been the correct plate, but it's been reassigned. trademe.co.nz/a/motors/cars/bmw/m/listing/3468849854 Edited February 12, 2022 by gjm Quote Share this post Link to post Share on other sites
E30 325i Rag-Top 2956 Report post Posted February 12, 2022 4 hours ago, gjm said: Rego quoted is inaccurate - the pic does show what may have been the correct plate, but it's been reassigned. Yeah the dealer is trying to hide the history as it’s a mega-flip, mentioned a little way back in the thread. At least the rubbish about being built in the Motorsport factory has been removed from the listing. 3 Quote Share this post Link to post Share on other sites
E28E30 335 Report post Posted February 12, 2022 I don’t mind a flip, am likely to be doing one on the R53 GP I bought, but the money I am sinking into it to make it better will barely be recovered. That is why this “mega flip” feels a bit off as minor things like the two small paint defects have not been done. But there are all sorts of approaches I guess 1 Quote Share this post Link to post Share on other sites
Eagle 1662 Report post Posted February 12, 2022 Yeah 2nd hand dealer approach is usually pure greed. Minimal effort and maximum reward. I understand they are a business, but buying a car, putting a huge margin on it, then not even bothering to address even minor issues nets them no respect from me. 4 Quote Share this post Link to post Share on other sites
adro 1083 Report post Posted February 19, 2022 https://www.trademe.co.nz/motors/used-cars/bmw/auction-3480716223.htm Looks like a nice example. 1 Quote Share this post Link to post Share on other sites
Palazzo 477 Report post Posted February 19, 2022 ^^^^^ Complete with what used to pass as a personalised plate, perfect if your name is Oswald Quidditch. 4 Quote Share this post Link to post Share on other sites
MD13 494 Report post Posted February 19, 2022 Quite a few sitting at around 30k now going nowhere. 1 Quote Share this post Link to post Share on other sites
Sammo 2544 Report post Posted February 19, 2022 2 hours ago, MD13 said: Quite a few sitting at around 30k now going nowhere. Yeah, it does feel like the market has softened a bit, some of these cars might have flown off the shelf 3 months ago. About the same time mortgage rates started climbing 🤔 2 Quote Share this post Link to post Share on other sites
Contrails 317 Report post Posted March 1, 2022 (edited) I think the NZ market is definitely inflated. E30 M3s sitting at $100k going nowhere. Meanwhile in Dubai https://www.dubicars.com/1992-bmw-m3-current-location-japan-455013.html 150,000 AED is about $60,000 NZD for an E30 M3 with 56000kms. Edited March 1, 2022 by Contrails 1 Quote Share this post Link to post Share on other sites
E28E30 335 Report post Posted March 1, 2022 26 minutes ago, Contrails said: I think the NZ market is definitely inflated. E30 M3s sitting at $100k going nowhere. Meanwhile in Dubai https://www.dubicars.com/1992-bmw-m3-current-location-japan-455013.html 150,000 AED is about $60,000 NZD for an E30 M3 with 56000kms. You’re probably right, however that sounds like a good price in Dubai. Add on the freight, tax and compliance costs, it goes up. Not to $100k for sure but there’s probably a premium on not having to worry about doing all that yourself, too? The Coronavirus bubble appears to have plateaued or even shrunken a bit? 1 Quote Share this post Link to post Share on other sites
E30 325i Rag-Top 2956 Report post Posted March 1, 2022 1 hour ago, Contrails said: 150,000 AED is about $60,000 NZD for an E30 M3 with 56000kms. How genuine is that web-site though, lots of errors in the info - it’s not a 92, it’s not auto, wheels aren’t 18’ and if it is a 6 cylinder than that explains the price! They have two others listed, a red one sold at 250k (NZ$100k) and a black one still for sale at 200k (NZ$80k) which does make the white one look like good buying. Yes NZ E30s are a bit over-priced on world market but you are taking a punt on buying overseas when you can travel to see it! 1 Quote Share this post Link to post Share on other sites
Contrails 317 Report post Posted March 1, 2022 (edited) 2 hours ago, E30 325i Rag-Top said: They have two others listed, a red one sold at 250k (NZ$100k) and a black one still for sale at 200k (NZ$80k) which does make the white one look like good buying. Yes NZ E30s are a bit over-priced on world market but you are taking a punt on buying overseas when you can travel to see it! I did see the errors. I have a friend who lives in Dubai who has bought a car off the company. But who’s to say that he may have a couple of legit deals and some dodgy ones? But if I did live in Dubai - I would have pursued this further. Edited March 1, 2022 by Contrails 1 Quote Share this post Link to post Share on other sites
Chillin 11 Report post Posted March 6, 2022 On 12/22/2021 at 7:28 AM, Ghost Chip said: Listed at 20k. Not sure what the displacement is but considering prices nowadays and if they’re honest about the rust, not a bad buy for 20k. Sold for $16.5k with confirmed B20 3 Quote Share this post Link to post Share on other sites
Sammo 2544 Report post Posted March 6, 2022 @Chillin Will I be seeing this hooning around the Shore? 😎 1 Quote Share this post Link to post Share on other sites
Chillin 11 Report post Posted March 6, 2022 Thanks @Sammo, will need to catch up for a beer and take her for a spin. You never got to see her in the flesh. 1 Quote Share this post Link to post Share on other sites
Chillin 11 Report post Posted March 8, 2022 This will be interesting, $1 reserve 1989 BMW 320i | Trade Me Motors 1 Quote Share this post Link to post Share on other sites
