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Neal

e46 M3 insurance values 2021

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It’s insurance time and I asked for my 2002 Smg coupe with 185,000 to be increased. The car is in good condition and dealer serviced and I’ve owned it since 48,000 km.

State has it for $28k and online quote came out at $17k. 

Car was dealer valued at $40k today and did say they are hard to price due to recent uplifts. Trademe suggests  $45k

it sounds like there are just under 200 registered e46 M3s

How does this sit with other owners value wise if you don’t mind me asking. 

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Hi Neal, 

Have my 04 manual done 130km insured for 45k agreed with Star Insurance via Marsh. One of their prerequisites was that they required a valuation by one of their approved values. I had this undertaken by New Zealand vehicle valuations which was to my expatation and in line with recent sales at the time (6 months ago).

Cheers

Brett

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Cheers Brett. Sounding like I’m on the right page.  I’m waiting on state to change value  . But sounding like I’m instep with the market.

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