E30 M3 prices

E30 M3 prices

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Discussion

Pagoda1966

198 posts

106 months

Thursday 4th August 2016
quotequote all
http://www.pistonheads.com/classifieds/used-cars/b...

I think the ad is wrong and this is kms not miles. Will be interested to see how much this goes for as the mileage isn't much higher than that on my Evo2.

Pagoda1966

198 posts

106 months

Thursday 4th August 2016
quotequote all
http://www.pistonheads.com/classifieds/used-cars/b...

I think the ad is wrong and this is kms not miles. Will be interested to see how much this goes for as the mileage isn't much higher than that on my Evo2.

treac1e

1 posts

91 months

Monday 8th August 2016
quotequote all
£30k minimum is depressing. Last time I looked at the prices of this car it was £18k for a very good condition model.

stevesingo

4,848 posts

221 months

Saturday 20th August 2016
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sim16v said:
High mileage Sport Evo up for auction soon.

http://www.historics.co.uk/buying/auctions/2016-08...
Passed at £58k.

e21Mark

16,205 posts

172 months

Saturday 20th August 2016
quotequote all
stevesingo said:
sim16v said:
High mileage Sport Evo up for auction soon.

http://www.historics.co.uk/buying/auctions/2016-08...
Passed at £58k.
Is that plus fees etc?

Welshbeef

49,633 posts

197 months

Saturday 20th August 2016
quotequote all
e21Mark said:
stevesingo said:
sim16v said:
High mileage Sport Evo up for auction soon.

http://www.historics.co.uk/buying/auctions/2016-08...
Passed at £58k.
Is that plus fees etc?
It's got the £ tax on it now / much cheaper for non £ to buy than previously due to currency devaluations.

Iva Barchetta

44,044 posts

162 months

Saturday 20th August 2016
quotequote all
stevesingo said:
sim16v said:
High mileage Sport Evo up for auction soon.

http://www.historics.co.uk/buying/auctions/2016-08...
Passed at £58k.
I attended this auction today.

Nice car but I predicted it wouldn't sell with that mileage on it.

250,000 KMs.....

The low miles Mercedes 190 Cos Evo 2 didn't either....at £175,000.

Iva Barchetta

44,044 posts

162 months

Saturday 20th August 2016
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E30M3SE

8,462 posts

195 months

Sunday 21st August 2016
quotequote all
Iva Barchetta said:
I attended this auction today.

Nice car but I predicted it wouldn't sell with that mileage on it.

250,000 KMs.....

The low miles Mercedes 190 Cos Evo 2 didn't either....at £175,000.
Looking through the auction results, unless they haven't all been updated, many lots didn't sell.

Legacywr

11,986 posts

187 months

Sunday 21st August 2016
quotequote all
There is a lull in the market, plus M3's may have met their ceiling?

e21Mark

16,205 posts

172 months

Sunday 21st August 2016
quotequote all
Legacywr said:
There is a lull in the market, plus M3's may have met their ceiling?
Regular M3 still appear to be selling but Evo prices are another league by comparison, so can see why sales would be more likely to slow.

Legacywr

11,986 posts

187 months

Sunday 21st August 2016
quotequote all
Yes, that's how I was seeing it too.

Original AVO Mk1 Escorts still seem to be on the move... a lot of the cars that show up at the auctions are reshelled!

Rob747

225 posts

175 months

Sunday 21st August 2016
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If it's as good as it looks I think £58k for that is a bit of a bargain!

Mr_B

10,480 posts

242 months

Sunday 21st August 2016
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Rob747 said:
If it's as good as it looks I think £58k for that is a bit of a bargain!
Particularly as it's a Sport Evo you could actually drive and not worry about raking up the miles in.

Paracetamol

4,225 posts

243 months

Wednesday 24th August 2016
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I haven't driven the sport evo but I guess its not that much better than a regular e30 m3. At 250k kms this will never be collectible and so will only be worth a bit more than a regular M3 as most will see it as a slightly better version of that car

Rob747

225 posts

175 months

Wednesday 24th August 2016
quotequote all
Paracetamol said:
I haven't driven the sport evo but I guess its not that much better than a regular e30 m3. At 250k kms this will never be collectible and so will only be worth a bit more than a regular M3 as most will see it as a slightly better version of that car
They aren't much different, the engine has a slightly more gruff character and the seats are a snugger fit.

Collectibility comes from rarity not mileage. Ultimately most collectors buy on condition and originality. Sport Evo 600 built, 'normal' M3 17000 or thereabouts. I think that even the leggiest Sport Evo will still be collectible.

swindler

253 posts

178 months

Wednesday 24th August 2016
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It was a poor example of a great spec (black/cloth/no sunroof). Has had a crude blow over. Rot in rear quarters, floor and arches (possibly more). The plug leads had been hand painted red to mimic the correct ones! The OBC screen was bleeding, suede shagged, drivers seat foam collapsed etc. A £20-£25k car to allow for bare metal rebuild or breaking. There were no bids at all in the room...it opened with a 'commission' bid...




e21Mark

16,205 posts

172 months

Wednesday 24th August 2016
quotequote all
£20k is still a fair chunk of cash above an equivalent non Evo car though. There's also a strong value in those Evo parts that are now NLA. In fact all E30 M3 spares are getting harder to source and those tired cars, that you used to be able to buy at £10k or thereabouts, are worth considerably more once broken up. Bare unrestored shells I know have made £10k on their own and a dogleg box is upwards of £1.5k.

POORCARDEALER

8,519 posts

240 months

Thursday 25th August 2016
quotequote all


Its says sold for £78400 on their website.....

Pagoda1966

198 posts

106 months

Thursday 25th August 2016
quotequote all
e21Mark said:
£20k is still a fair chunk of cash above an equivalent non Evo car though. There's also a strong value in those Evo parts that are now NLA. In fact all E30 M3 spares are getting harder to source and those tired cars, that you used to be able to buy at £10k or thereabouts, are worth considerably more once broken up. Bare unrestored shells I know have made £10k on their own and a dogleg box is upwards of £1.5k.
Yes Mark, Joe at ARM said exactly the same about scarcity of parts. He's had mine since May and still awaiting a scuttle panel from Germany and is awaiting rear inner wings for another car which aren't expected until January..

Regardless of condition and mileage, I don't think we'll ever see a sub £50k Evo Sport again. As has been said above, regardless of condition, they're still a 600 off touring car legend so will always be collectible - I don't buy the collectors only want low mileage / originality comment. I don't know how many cars you need to be considered a collector but I've got 6 hobby cars and buy on condition and history. Some of mine are higher mileage and have been restored, others are totally original and low mileage - as long as they are mint, I'm not too bothered.

If this car was as others have described - needing rust work, paint and cosmetics, £74k was ludicrous as (I am finding!) you can easily spend £10-15k fixing these issues and £90k should buy you one of the best available with 60-80k miles.

As an aside, I do think advertising this as a 250,000 km car was a mistake - 150k miles or whatever it converts to doesn't sound as bad for a 26 year old car and I suspect there are a lot of dubious history cars out there which have similar mileage.....