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Secniv

What’s it worth?

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Some of you may have been following my progress on the E36 M3 here..

It’s had a lot of attention over the past 2 years on top of good bones and attention by previous owners. However it needs to make way for my latest purchase a 911.

Mark from Classic Car Valuations will be providing me a valuation but I’m keen to get your thoughts.

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lol - I thought mine might be worth $25k until a near identical one sold for $37k in less than 24h so my valuations seem wide of the mark! 😆

However, if you've knocked off most of your wish-list in the link above then I'd say $30k all day and work back from there depending on how much is outstanding.

I'm very, very keen to hear what your valuer comes up with!

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Its insane how much the market has moved. I struggled hard to sell it for $13k when I sold it.

With all the work done it certainly increases the value, and its a very good example now, but the KM will be the ultimate deciding factor as it must be up near 250k now?

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2 hours ago, KwS said:

...it must be up near 250k now?

That will pull back my estimate a little, but not heaps, say $2k.

But I think we've already established I'm a rubbish valuer. 😬

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9 hours ago, KwS said:

Its insane how much the market has moved. I struggled hard to sell it for $13k when I sold it.

With all the work done it certainly increases the value, and its a very good example now, but the KM will be the ultimate deciding factor as it must be up near 250k now?

Garage queen.. 245k.. having said that it has had the wheels off a lot!

Edited by Secniv

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Very interested to see how you get on. I looked at what they're listed for over in Aussie and nearly fell off my chair! I'd say list around the 30k mark. I've always maintained that the E36 M3 has been undervalued for years and it would seem people are only starting to fully appreciate them now.

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being one of the earlier ones ('94), 3.0 instead of 3.2, and higher mileage will bring the price down a bit. I would have thought $20-25k depending on market demand. No harm in pricing it high because any interested party will get in touch and negotiate it to an acceptable price. 

Seems like prices of E36/E46/E9x M3's are all hovering around the similar mark nowadays but they are all so very different cars. 

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I think mileage will scare off enough people to impact value a bit - $25K maybe?

What kind of 911? a 997 manual would be an attainable dream car for me, except not really attainable haha

Maybe a 987 Cayman

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I think there's enough interest in these cars at the moment to 'reset' the market price. If people only ever see E36 M3s listed in the 30s then it's only a matter of time before that becomes the actual price. I'd have to think it would sell reasonably quickly at $25k.

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10 hours ago, Sammo said:

What kind of 911? a 997 manual would be an attainable dream car for me, except not really attainable haha

Maybe a 987 Cayman

997.2 C4S PDK

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Christ, I can see why you want to flick the M3 off!

Very nice.

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10 hours ago, bradgalbraith said:

 If people only ever see E36 M3s listed in the 30s then it's only a matter of time before that becomes the actual price.

E30 M3 owners have been trying this trick for years, same cars still for sale though...

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Exactly. One car selling for 37k doesn't represent true market value either.

If it wasn't silver id probably make you an offer

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11 hours ago, leichtbau said:

E30 M3 owners have been trying this trick for years, same cars still for sale though...

I assume you're referring to the red one with 200,000 km + and the white RHD one have been sitting around for ages but there's a limit to this 'trick' haha. Taking shoddy photos of your M3 on the lawn and listing for $100k is never a winning combination for a quick sale. My point is if there's someone who really wants one and they have the cash, they'll be looking at the options in front of them even if they come at a premium. Disclaimer: I have a vested interest in seeing prices rise so I'm 100% biased. 

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8 hours ago, bradgalbraith said:

I assume you're referring to the red one with 200,000 km + and the white RHD one have been sitting around for ages but there's a limit to this 'trick' haha. Taking shoddy photos of your M3 on the lawn and listing for $100k is never a winning combination for a quick sale. My point is if there's someone who really wants one and they have the cash, they'll be looking at the options in front of them even if they come at a premium. Disclaimer: I have a vested interest in seeing prices rise so I'm 100% biased. 

"D0GLEG" would be a fine case study - left hook euro spec in a great combo of black over uberkaro cloth, seller wanted $130K and got $90K at auction - 69% of what they listed it for.

 

As an aside - a friend owned the red M3 about 15 years ago, along with a matching Brilliantrot M325i - the M325i was such a nicer proposition 90% of the time.

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21 hours ago, Secniv said:

997.2 C4S PDK

664EF274-53A5-453D-BB91-2D557B685B4F.thumb.jpeg.a8f7aa33aa861a0c52e9264ff0da3800.jpeg

Yowza! Congratulations, what a beauty! 

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On 9/16/2020 at 8:29 PM, KwS said:

Christ, I can see why you want to flick the M3 off!

Very nice.

Yeah I blew the budget somewhat 😏

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2 hours ago, Secniv said:

Yeah I blew the budget somewhat 😏

Welcome to the P-car world!

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2 hours ago, 318Touring said:

Welcome to the P-car world!

Thanks. Will still keep a foot in the BMW world with the E30.

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damn, that is a great appraisal for $250. very well done indeed

 

edit: now the 38k doesnt seem so crazy does it

Edited by qube
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Wow.

That white one for $38k is seeming less and less stupid.

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Just now, qube said:

damn, that is a great appraisal for $250. very well done indeed

 

edit: now the 38k doesnt seem so crazy does it

Ninja'd

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