Eagle 1662 Report post Posted December 13, 2022 Im still not convinced these sort of cars actually sell for close to asking. 4 Quote Share this post Link to post Share on other sites
Southerner 146 Report post Posted December 13, 2022 (edited) 25 minutes ago, Eagle said: Im still not convinced these sort of cars actually sell for close to asking. Don't get me wrong I'm all for the things I own to improve in value. However I also struggle to believe a vehicle I brought has skyrocketed in "value" in less than two years. It's not like in that time half them fell off the road or got written off so they got rarer. I believe it's to do with "hype" combined with what was low interest rates over that period and essentially "free interest" lended money. This is confirmed when in the last 3 months the car values are dropping 20% atleast from a year ago and appear to be sitting on trademe from the auctions I follow across all sorts of vehicles Edited December 13, 2022 by Southerner 5 Quote Share this post Link to post Share on other sites
Eagle 1662 Report post Posted December 13, 2022 I agree. Even in peak times its also hard truly what some vehicles realistically sell given its usually a private 1 on 1 deal. I think half these sellers just try it on for size and hope to get lucky. 2 Quote Share this post Link to post Share on other sites
Blackie 510 Report post Posted December 13, 2022 What has amazed me (and this is not specific to E30 sorry) is how one asking price can skew the entire market. What I mean is, once someone raises the bar (whether they sell or not {in most cases not}), others follow for no aparant reason. For example, the first E36 M3 priced over 40K (when most were previously around $25k) has been for sale for over two years now, but nearly every one offered to the market since has followed that price, even though the OG car (i.e. the ceiling smashing car) has never sold. Unfortantely, the same trend seems to be hitting some parts I need, to the point where I think I'll just get a Honda with the same HP for $5k. 😁 Quote Share this post Link to post Share on other sites
Southerner 146 Report post Posted December 13, 2022 The way I potentially see it. If it costs an extra few thousand when your potentially borrowing money at a lower interest rate, it doesn't make alot of difference at the time to ensure you get the purchase. As a percentage when your spending larger sums of money to add on the extra "tax" people are trending to do it. Overall bang for buck the e30/36 chassis is still pretty good compared to other desirable vehicles. I certainly won't be selling mine anytime soon, I'd have to finish it first 😂 1 Quote Share this post Link to post Share on other sites
Blackie 510 Report post Posted December 13, 2022 I guess I'm coming from a place of having never financed a vehicle. I just don't agree with their interest rates. 2 Quote Share this post Link to post Share on other sites
Contrails 317 Report post Posted December 13, 2022 Well I looked at financing an E46 M3 in Aus. It came under the older car umbrella so the 15% interest was justified according to the finance company. I offered monopoly money in return because it seems we were all at a comedy festival. 1 Quote Share this post Link to post Share on other sites
Gaz 1060 Report post Posted December 14, 2022 15 hours ago, Southerner said: Overall bang for buck the e30/36 chassis is still pretty good compared to other desirable vehicles. I certainly won't be selling mine anytime soon, I'd have to finish it first 😂 Agreed, starting looking at Nissan s13s/180sx again after spending too much time on YouTube, 10k+ for some rolling bodies, 15k for one in bits. Even general consensus in that community is that prices are falling too 1 Quote Share this post Link to post Share on other sites
Sammo 2544 Report post Posted December 14, 2022 4 hours ago, Gaz said: Agreed, starting looking at Nissan s13s/180sx again after spending too much time on YouTube, 10k+ for some rolling bodies, 15k for one in bits. Even general consensus in that community is that prices are falling too Would absolutely love a Type X but prices for nice ones are $40-50k plus. And the steal-me factor is through the roof 😬 Quote Share this post Link to post Share on other sites
Contrails 317 Report post Posted December 14, 2022 Did you guys see the black S13 with a RB26DETT conversion on tardme - went for $40k. Just a couple of months ago. That was a steal! 2 Quote Share this post Link to post Share on other sites
Gaz 1060 Report post Posted December 14, 2022 3 hours ago, Sammo said: Would absolutely love a Type X but prices for nice ones are $40-50k plus. And the steal-me factor is through the roof 😬 Saw a tidy Type S for mid 20s yesterday, plus T conversion and you'd be set. I miss my old rs13, had a ca18det putting out 200kw but like many cars in the early 2010s got stolen from the centee of town during the middle of day whilst I was at work 😕 swore I'd never go back but turbo noises.... 59 minutes ago, Contrails said: Did you guys see the black S13 with a RB26DETT conversion on tardme - went for $40k. Just a couple of months ago. That was a steal! Wow missed that! I've seen a couple $1 reserve cars sell for about 10% less than what they were asking if that's any indication which way the market is headed short term 1 Quote Share this post Link to post Share on other sites
leonf 162 Report post Posted December 17, 2022 M325i that I'm sure was only bought/sold quite recently 1 Quote Share this post Link to post Share on other sites
Driftit 2078 Report post Posted December 17, 2022 On 12/14/2022 at 5:55 PM, Sammo said: Would absolutely love a Type X but prices for nice ones are $40-50k plus. And the steal-me factor is through the roof 😬 Had quite a few of them. One of my old ones was listed for $65k just a few weeks back. I imported it for $6k in 2003. My wife still has her S13. She often laughs when people tell her it's worth $30k. She paid $3k for it. And would never pay anywhere near $30k for one. Just like E30s, they were only good because they were cheap. 7 Quote Share this post Link to post Share on other sites
Contrails 317 Report post Posted December 17, 2022 These seats don't look original. Rose City cars again. Quote Share this post Link to post Share on other sites
E30 325i Rag-Top 2956 Report post Posted December 18, 2022 Seats themselves are probably original but I have no idea as to what those headrests are from - Deffo not an M3, and they seem different to the old “fishnet” Recaros from old Escort/Capri, etc. 1 Quote Share this post Link to post Share on other sites
Blackie 510 Report post Posted December 18, 2022 Never understood why in the event of an accident, you'd want to look like Spiderman. 2 Quote Share this post Link to post Share on other sites
E30 325i Rag-Top 2956 Report post Posted December 21, 2022 On 12/13/2022 at 12:55 PM, E30 325i Rag-Top said: $3k for a not quite rolling shell... https://www.trademe.co.nz/a/motors/cars/bmw/318i/listing/3891974647 It is a 2-door coupe I suppose which adds to the value, but i'd be wary of that "surface" rust that can been seen in the photos. The rolling shell has been changed to a $1 no reserve auction, but has quickly shot up to $1600 thanks to some interesting bidding. Quote Share this post Link to post Share on other sites
Sammo 2544 Report post Posted December 24, 2022 On 10/27/2022 at 5:46 PM, Sammo said: https://www.trademe.co.nz/a/motors/cars/bmw/325i/listing/3834747098 Very interesting - an Auto LHD JDM Mtechnic 2 converted to manual here. I am jealous of those sill covers! This one went for $23,500 in the end - up for sale now for $49,999 1 1 Quote Share this post Link to post Share on other sites
Sammo 2544 Report post Posted December 24, 2022 On 10/27/2022 at 5:46 PM, Sammo said: https://www.trademe.co.nz/a/motors/cars/bmw/325i/listing/3834747098 Very interesting - an Auto LHD JDM Mtechnic 2 converted to manual here. I am jealous of those sill covers! This one went for $23,500 in the end - up for sale now for $49,999 1 Quote Share this post Link to post Share on other sites
_ethrty-Andy_ 2132 Report post Posted December 24, 2022 havent seen so many E30s for sale for a long time, its sorting out the actual enthusiasts from the speculators, which is well over due in my opinion! 2 Quote Share this post Link to post Share on other sites
gjm 3258 Report post Posted December 24, 2022 1 hour ago, Sammo said: This one went for $23,500 in the end - up for sale now for $49,999 I saw this. Was it another "reluctant sale" change-of-plans listing? Quote Share this post Link to post Share on other sites
Sammo 2544 Report post Posted December 24, 2022 11 minutes ago, gjm said: I saw this. Was it another "reluctant sale" change-of-plans listing? I think it was more speculative - has had a fair bit of work done since though - paint / uphostery etc Quote Share this post Link to post Share on other sites
gjm 3258 Report post Posted December 24, 2022 10 minutes ago, Sammo said: I think it was more speculative - has had a fair bit of work done since though - paint / uphostery etc If I was to say I knew of a "Genuine & Rare 1990 Facelift MTEC 2 BMW Coupe for sale $49,990", had paint etc, but has a different rego...? Quote Share this post Link to post Share on other sites
Sammo 2544 Report post Posted December 24, 2022 18 minutes ago, gjm said: If I was to say I knew of a "Genuine & Rare 1990 Facelift MTEC 2 BMW Coupe for sale $49,990", had paint etc, but has a different rego...? Same vin - not sure why the plates were swapped though 1 Quote Share this post Link to post Share on other sites
gjm 3258 Report post Posted December 24, 2022 20 minutes ago, Sammo said: Same vin - not sure why the plates were swapped though Aye. It'd need a lot of paint and interior for a $25k uplift, but I appreciate it's a 'try price' as much as anything else. 1 Quote Share this post Link to post Share on other sites
