E30 M3 prices

E30 M3 prices

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Discussion

Mr_B

10,480 posts

243 months

Saturday 12th December 2015
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I believe it's perfectly legal to get it back on the road. The damage isn't ( from the pics we can see anyway )that bad, and given more than a few people have removed the complete front ends off of E30 to leave just the bulkhead during restoration, it doesn't seem that much a stretch.
What its value would be though is anyone's guess. Please post the salvage auction result.

sim16v

2,177 posts

201 months

Saturday 12th December 2015
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I know it's possible to put back on the road, but Copart won't sell it to Joe Public.

You'd need a breakers licence, waste management licence etc, then they want a copy of the certificate of destruction.


Someone will manage it though, it might even head overseas first, as a lot of severely damaged cars go east, usually at massive prices.


Unfortunately, they don't publicise the finished prices, only the online price before the auction goes "live" on Monday.

I think someone would need to be either bidding, or actually at the auction to see the final price.

Mr_B

10,480 posts

243 months

Saturday 12th December 2015
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That's interesting. I was unaware they would have restrictions in place like that, but it looks like a tough rule on paper with plenty of easy ways out. What happens if they sell you a cat B car and you repair it ? Do they really care that much or do anything ? I don't see that they can if its then legal to put it back on the road.

bryn_p

465 posts

229 months

Saturday 12th December 2015
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As of October you can't get a V5 for Cat B cars anymore although why you could in the past was always a mystery to me!

Cheers,
Bryn.

e21Mark

16,205 posts

173 months

Sunday 13th December 2015
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I'd like to know what made it a Cat B loss though anyway? Having seen a couple of pre accident photos, it was a really nice example and the M88 conversion was pretty recent. If the VIN is chopped out, I imagine there will be a 316 somewhere that ends up donating its ID.

m5pop

34 posts

115 months

Monday 14th December 2015
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e21Mark said:
I'd like to know what made it a Cat B loss though anyway? Having seen a couple of pre accident photos, it was a really nice example and the M88 conversion was pretty recent. If the VIN is chopped out, I imagine there will be a 316 somewhere that ends up donating its ID.
Made £9800 at auction and apparently sold to someone in Poland.

e21Mark

16,205 posts

173 months

Tuesday 15th December 2015
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m5pop said:
e21Mark said:
I'd like to know what made it a Cat B loss though anyway? Having seen a couple of pre accident photos, it was a really nice example and the M88 conversion was pretty recent. If the VIN is chopped out, I imagine there will be a 316 somewhere that ends up donating its ID.
Made £9800 at auction and apparently sold to someone in Poland.
So about £11k with fees. Had it still been fitted with its original engine I'd think they'd still do alright out of the deal. Evidently the guys that did the engine swap did try and persuade the owner not to swap. He also kept the original engine.

sim16v

2,177 posts

201 months

Wednesday 16th December 2015
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e21Mark said:
m5pop said:
e21Mark said:
I'd like to know what made it a Cat B loss though anyway? Having seen a couple of pre accident photos, it was a really nice example and the M88 conversion was pretty recent. If the VIN is chopped out, I imagine there will be a 316 somewhere that ends up donating its ID.
Made £9800 at auction and apparently sold to someone in Poland.
So about £11k with fees. Had it still been fitted with its original engine I'd think they'd still do alright out of the deal. Evidently the guys that did the engine swap did try and persuade the owner not to swap. He also kept the original engine.
Back up for auction, so maybe some issue with it.

If it heads overseas it'll most likely be put back on the road, the former eastern block countries seem to pay rather a lot for some destroyed Cat B cars.

E30M3SE

8,467 posts

196 months

pvogue

633 posts

114 months

Monday 21st December 2015
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sim16v said:
Back up for auction, so maybe some issue with it.

If it heads overseas it'll most likely be put back on the road, the former eastern block countries seem to pay rather a lot for some destroyed Cat B cars.
Polish love a bashed car, price to fix here is about 5x more than it is over in Poland! Although using genuine OEM parts is another question.

m5pop

34 posts

115 months

Monday 21st December 2015
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It made £11600 at auction this time round.

Rob747

226 posts

176 months

Tuesday 22nd December 2015
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The USA market for these cars is really insane at the moment, I was offered £100k for my Evo 2 recently from a collector in NYC which I think would be a record for that model.

stevesingo

4,855 posts

222 months

Tuesday 22nd December 2015
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Got his number ;-)

Rob747

226 posts

176 months

Tuesday 22nd December 2015
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selling the SE Steve?

stevesingo

4,855 posts

222 months

Tuesday 22nd December 2015
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It has been something that has been on my mind for a while now.

Although I enjoy being the anti-collector/speculator by having a Sport Evo and using it (even on the track), I can’t escape the fact that I own a car which is potentially 50% the value of my home, 80% of my mortgage value and 250% of my annual income.

I purchased the car 10yrs ago and although I put a great deal of money in to the restoration, I still got luck with the market and I stand to be better off if I sell it.

The only thing stopping me is the foreseeable regret and also, it will be another car lost to a heated garage and not used which is criminal IMO.

Rob747

226 posts

176 months

Tuesday 22nd December 2015
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I'm having the same dilemma regarding values vs. usage but I've only just finished my restoration and I'd really like to do a couple of big trips in it before/if I let it go.

It's a nice problem to have I guess.

If you want me to reach out to this collector just send me a pm


E30M3SE

8,467 posts

196 months

Tuesday 22nd December 2015
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e21Mark

16,205 posts

173 months

Tuesday 19th January 2016
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Is it just me or are prices of non Evo cars still going up? The average price of those for sale is over £30k+

As an aside, I know someone with a very nice Evo 2 and he's looking to sell. If anyone is interested just say and I can put you in touch.

Welshbeef

49,633 posts

198 months

Tuesday 19th January 2016
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At what price are people getting nervous ?

As in would they hop on the merry go round?

japseye007

117 posts

99 months

Tuesday 19th January 2016
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There are maybe 5/6 for sale on piston heads and maybe 2/3 sport Evos, they seem to be up there for a while though is that true to say?

Why do people think this is:

Are they overpriced?
Are they not good examples?
Is there no demand?

Are there certain characteristics the market is looking for with these when buying?