E30 M3 prices

E30 M3 prices

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Leins

9,468 posts

148 months

Wednesday 11th March 2015
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Welshbeef said:
Mermaid said:
Welshbeef said:
How many E30 v E36 M3's produced?

One was a race Homogolation the other a road car. This is why its worth more/a lot more + the crazy classic car bubble were in at the minute.
5 times as many E36 M3's
So massively more volume, no race history, not homologised, road car only, following the great E30 M3.

Probably very valid reasons why it will be a very long time before they go up in value - buy one because you want one or buy an E46 M3 because you want one and enjoy it for what it is. IF it ever goes up in value which it might never do that's a nice problem to have. Assume it loses money like all cars first
Erm...E36 M3s have been rising in value for a couple of years now

Welshbeef

49,633 posts

198 months

Wednesday 11th March 2015
quotequote all
Leins said:
Erm...E36 M3s have been rising in value for a couple of years now
Is that average price? If so it could be simply the dogs are being taken out of the marked/scrapped in so doing it naturally increases the average value. (Purely from a maths perspective).

What was the range of good cars min-max price a few years ago v today?

Leins

9,468 posts

148 months

Wednesday 11th March 2015
quotequote all
Welshbeef said:
Is that average price? If so it could be simply the dogs are being taken out of the marked/scrapped in so doing it naturally increases the average value. (Purely from a maths perspective).

What was the range of good cars min-max price a few years ago v today?
Sorry, left my spreadsheet at work wink. All I know is it costs more to buy a clean E36 M3 now than it did back in 2012

And LHD GTs are way higher than what they were (ignoring exchange rates)

Welshbeef

49,633 posts

198 months

Wednesday 11th March 2015
quotequote all
Leins said:
Sorry, left my spreadsheet at work wink. All I know is it costs more to buy a clean E36 M3 now than it did back in 2012
Is that a £:€ issue you are facing in Ireland though 2012 what was it £1:€1.16 now £1::€1.41 a massive change so you'd naturally see them cost more for you to buy v a £ buyer.



What's a good price now ?

Leins

9,468 posts

148 months

Wednesday 11th March 2015
quotequote all
Welshbeef said:
Leins said:
Sorry, left my spreadsheet at work wink. All I know is it costs more to buy a clean E36 M3 now than it did back in 2012
Is that a £:€ issue you are facing in Ireland though 2012 what was it £1:€1.16 now £1::€1.41 a massive change so you'd naturally see them cost more for you to buy v a £ buyer.



What's a good price now ?
That's why I said ignoring exchange rates, just € vs € or £ vs £. I value cars in £GBP usually, as there is not market for such cars in Ireland with our motor tax regime

I would say getting a clean 3L for less than £8k now is difficult

Edited by Leins on Wednesday 11th March 22:38

Welshbeef

49,633 posts

198 months

Wednesday 11th March 2015
quotequote all
Leins said:
That's why I said ignoring exchange rates, just € vs €
What's a good price now (non GT) v 3 years ago?

evojam

568 posts

160 months

Wednesday 11th March 2015
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billywhizzzzzz said:
evojam said:
billywhizzzzzz said:
Sorry, E36s aren't rare like E30s and certainly aren't a cult homologation special with extraordinary touring car history either. Huge price rise now or in the future? I don't think so.
Does the E36 having numerous race wins inc the 24hrs Spa,24hrs Nurburgring as well as the BTCC count?I'm old enough too remember when the E30 M3 was'nt that sort after,prices were pretty low and you could pick nice ones up for well under 10k,then all of a sudden prices started to climb for a number of reasons.Now I'm not saying the E36 will attain those values but to state the E36 won't increase in value is being a little short sighted..
Sorry, no it doesn't count.

The thing is - there's nothing really comparable to the E30 M3 and they're rare and were a limited production run. The E36 was never very special or sought after, was always in plentiful supply, and is totally eclipsed by the E46 which is more accomplished and better looking and critically, for which prices are also very low, in abundant supply and will always limit E36 Values. Sure, E36 may rise very slightly as good ones become rarer, but ultimately are pretty much guaranteed never to do what the E30 has done.

Every single body panel on the M3 was different (bar the bonnet) and pretty much every component. It really is truly special. The E36 just isn't - it was always a bit mainstream and a bit ordinary, however accomplished. Being accomplished doesn't mean prices will rise much.

Look too at E34/39s - they haven't risen much yet - they just aren't rare or special enough. The E28, which is rarer, has climbed much more - but M5s are a different proposition from M3s in any case.

So, yes, E36 prices will rise a little as the dogs go, but will the prices go stratospheric? Absolutely not.
There's no question of the E30 M3's pedigree,the E36 that followed was a bigger,heavier machine but still sold really well and there a fine car with a few tweaks,very competent on track.I disagree with you on the E34 M5,the last of the hand built M's,these are one to watch in the next few years with low miles rust free cars commanding strong money.The E39 M5 will go the same way eventually,in fact all BMW M cars will have there day at some point.

How much do you think a LHD E36 M3GT with 30k miles will be worth in 5 years time?quite a sum I'd be willing to bet!

Welshbeef

49,633 posts

198 months

Thursday 12th March 2015
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evojam said:
There's no question of the E30 M3's pedigree,the E36 that followed was a bigger,heavier machine but still sold really well and there a fine car with a few tweaks,very competent on track.I disagree with you on the E34 M5,the last of the hand built M's,these are one to watch in the next few years with low miles rust free cars commanding strong money.The E39 M5 will go the same way eventually,in fact all BMW M cars will have there day at some point.

How much do you think a LHD E36 M3GT with 30k miles will be worth in 5 years time?quite a sum I'd be willing to bet!
This is all assuming the classic car bubble keeps growing - it will at some point pop and prices crash and crash hard looks they did previously. Too many speculators plain the market.
Assuming it will never happen is naive - it could happen this year. So buy a car you want and are happy to pay the asking price but do not assume any capital growth /assume it will lose value like any car normally would then when you come to move it on if its stayed static to the price you bought it for OR worth more happy days great problem to have whereas if its collapsed you've fully planned for that and assumed that is the case.

mboon

955 posts

202 months

Thursday 12th March 2015
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You have got to love the E30 v E36 v E46 debate..

I own a E36 (What a bad choice that clearly was ;-)) M3 Evo GTII and since my purchase I have been offered well over double my purchase price by two different people. A couple of these cars have been purchased and sent abroad for collectors (22,000 mile GTII recently for sale) the general sale price has risen, coupes could be had in road worthy condition three years ago for £3,000 with mint low mile cars going for £5000. Look at the market now, £10,000 gets you in a low mile mint car now and the worst start at £5000.

The E30 was a homologation special and it did have a good race history, but lets not forget the E36 also raced and did very well in Bristish Touring car with the 318is. Infact I am sure I seen somewhere the E36 had more race wins but that could of been missread.

As for the E46 blowing the E36 away... really? If you have even driven them you must of drove a bad one as just on paper, with the very slight power difference amd more weight on the E46 makes them near enough identical in straight line speed. Yes the E46 has more saftey toys on it so a chimp could drive it fast, but then I never remember anyone wanting a fast pace classic car with interfering saftey toys which will no doubt break amd become useless and outdated like most of the toys on the E46.

The E46 beats the E36 on toys, that is it. It was never a jump in performance, it feels more numb to drive than the E36. I love all three and would take any so not saying the E46 is a bad car at all, what I am.saying is the E36 Evo was that good, they just molded the E46 around the bases of the E36 hence why they are so simular performance wise.

All of these cars will rise in money, it just takes time. Will the E36 outprice the E30, probably not as both keep an equal age gap.

If any of you guys have never driven a E36 M3 Evo, do yourself a favour, find a good one and try it. The turn in is a little slower but then your talking about a car with capabilities of 170mph when derestricted. Everything else in my eyes is spot on. I am on my third, tried E46s and even own a E46 330i Sport as a daily and it just needs more omph over the E36 and less intrusion to make me want to buy it.

Whatever you drive, its a M car and has its good and bad points. We love them all for different reasons

billywhizzzzzz

2,007 posts

143 months

Thursday 12th March 2015
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The question here is - Will e36 prices go stratospheric like the e30 and of course the answer has to be no. No one is doubting the relative merits of the e36 - that has nothing to do with it. Will e36 prices stabilise and strengthen slightly (like e34s)? Yes. But that's about it.

billywhizzzzzz

2,007 posts

143 months

Thursday 12th March 2015
quotequote all
And in response to the request to try a well sorted e36 evo - yes I had one for 2 years - a low mileage immaculate one, some time back. Was it capable? Yes. Was the engine great? Yes. Was it a desirable car? No. Was it one I lusted after like my e30? No. Did it feel special in any way? Other than the engine, no.

Early 911s are 5 times the price of a newer one. Does that make them 5 times better? No. But does it mean that newer ones will rise in price? Probably not.

Again, looking at market, numbers, rarity, desirability, competition - there's no indicators that the prices of the e36 will do anything other than stabilise and strengthen slightly.

Welshbeef

49,633 posts

198 months

Thursday 12th March 2015
quotequote all
Numbers produced makes a huge difference vast volumes of E92/ less E46 fewer E36 vastly vastly less E30's

Huge numbers of F30's


So given a very long time frame sure its possible some will go up but rarity is key so unless you buy a mint one and cacoon it then its meaningless us when the classic car bubble bursts then it will hammer values of all three. If anyone says a crash will never happen smile

evojam

568 posts

160 months

Thursday 12th March 2015
quotequote all
billywhizzzzzz said:
The question here is - Will e36 prices go stratospheric like the e30 and of course the answer has to be no. No one is doubting the relative merits of the e36 - that has nothing to do with it. Will e36 prices stabilise and strengthen slightly (like e34s)? Yes. But that's about it.
Lets resume this debate in 10 years time and we'll see what prices are doing then smile

Welshbeef

49,633 posts

198 months

Thursday 12th March 2015
quotequote all
Is this expectation of value increase coming from current owners who have a vested interest in wanting to have price increase rather than it based on anything else?

Autotrader has them starting just shy of £4k (hardly any E36's Evo or non Evo for sale lots of vert and E46's though

mboon

955 posts

202 months

Thursday 12th March 2015
quotequote all
evojam said:
Lets resume this debate in 10 years time and we'll see what prices are doing then smile
Correct.

Anyone remember seeing E30 M3s selling for under £5000. I do

darreni

3,788 posts

270 months

Thursday 12th March 2015
quotequote all
mboon said:
Correct.

Anyone remember seeing E30 M3s selling for under £5000. I do
I PX'ed mine for £4.5k against an E36 M3 Evo in 2000. I was in good nick, but that's all they were worth then.

I turned down a sport evo from Munich Legends a couple of years later as it needed a front end respray & I thought it was toppy at £11k!!

billywhizzzzzz

2,007 posts

143 months

Thursday 12th March 2015
quotequote all
mboon said:
evojam said:
Lets resume this debate in 10 years time and we'll see what prices are doing then smile
Correct.

Anyone remember seeing E30 M3s selling for under £5000. I do
You're missing the point. Just because e30 prices were at rock bottom and are now stratospheric doesn't mean e36 process will go the same. Nor does the fact that you seem to like e36s. Rarity, exclusivity, motorsport prominence, desirability, sheer ability - these are the things that count. If you made an algorithm based on these factors, you could predict what would rise - integrales, e30m3, etc. E36? no. Sorry, it seems to hurt.

Welshbeef

49,633 posts

198 months

Thursday 12th March 2015
quotequote all
darreni said:
mboon said:
Correct.

Anyone remember seeing E30 M3s selling for under £5000. I do
I PX'ed mine for £4.5k against an E36 M3 Evo in 2000. I was in good nick, but that's all they were worth then.

I turned down a sport evo from Munich Legends a couple of years later as it needed a front end respray & I thought it was toppy at £11k!!
Hindsight a great thing.

And for those who lost life savings in the last classic car bubble crash wish they had sold sooner.


The other thing is IF the value continue to rise owners will simply stop using them as use will harm investment return.

chunkster-deluxe

26 posts

190 months

Thursday 12th March 2015
quotequote all
I'm a newish E36 M3 evo owner, I must admit the E30's are appealing to me but are out of reach financially. This one fact has just shocked me though......there are 13 E30 M3s for sale on pistonheads classifieds, and.........only 6 E36 M3s. Where have they all gone??

Welshbeef

49,633 posts

198 months

Thursday 12th March 2015
quotequote all
chunkster-deluxe said:
I'm a newish E36 M3 evo owner, I must admit the E30's are appealing to me but are out of reach financially. This one fact has just shocked me though......there are 13 E30 M3s for sale on pistonheads classifieds, and.........only 6 E36 M3s. Where have they all gone??
Maybe on car and classic? Bimmerland m3cutters etc ie very focused location. Or maybe just current availability.