e30 m3 prices?? Did I miss something??

e30 m3 prices?? Did I miss something??

Author
Discussion

e..uncle..hello

Original Poster:

35 posts

192 months

Monday 19th May 2008
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Hey folks,

New on here and trying to find a decent limited edition e30 m3. The last time I checked prices was about 2 years ago and a minter could be had for £12k. These things have appreciated a fair bit since!! is this just a summer time increase or are these prices here to stay?

belleair302

6,847 posts

208 months

Monday 19th May 2008
quotequote all
Errr the prices are now near 17K for a half decent car rising to over 22K for a sport Evo. Prices are going up, fewer cars are being sold and more are being broken up for parts or being turned into track warriors. If you want a good one get ready to dig deep.

derin100

5,214 posts

244 months

Tuesday 20th May 2008
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Well, it's long enough ago now and the buyer has since sold it on again (to someone in Italy, I believe)...so I think it's ok by now to say I sold this one just last July for £13.5K ( frown )...I don't think you get one like this (with all the 'extras' I threw in) for the same price now!

http://www.bmwclassics.co.uk/e30_m3/index.html

e..uncle..hello

Original Poster:

35 posts

192 months

Tuesday 20th May 2008
quotequote all
...a bit concise there dont you think? ;-)
i've seen some car adverts in my time but this is on some next level! love the BMW jerry can, never seen one of those before.
I estimate the extras you gave with the car to be around £2.5k. Thats a fair bit and what a lovely car!



ASBO

26,140 posts

215 months

Tuesday 20th May 2008
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[nomex]

These things are just getting to silly money now. Frankly there's a lot more car out there for your money.

[/nomex]

MarkM3Evoplus

807 posts

201 months

Thursday 22nd May 2008
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"These things are just getting to silly money now. Frankly there's a lot more car out there for your money."

Maybe, but a good one drives so well, that for some people, nothing else will do.

The combination of keen turnin, beautiful steering weight & feel and balance which very few if any cars can match mean they really are something special.

Some people may think what the fuss is all about, they are just boxy old cars which lack grunt, but so many people have banged on about them for so long that BMW obviously struck gold with the E30 M3.

Yes, I do have one and hope to never have to sell it!



ASBO

26,140 posts

215 months

Thursday 22nd May 2008
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MarkM3Evoplus said:
"These things are just getting to silly money now. Frankly there's a lot more car out there for your money."

Maybe, but a good one drives so well, that for some people, nothing else will do.

The combination of keen turnin, beautiful steering weight & feel and balance which very few if any cars can match mean they really are something special.

Some people may think what the fuss is all about, they are just boxy old cars which lack grunt, but so many people have banged on about them for so long that BMW obviously struck gold with the E30 M3.

Yes, I do have one and hope to never have to sell it!
Granted, but a Lotus Elise does all those things and more for less cash. Hence, why they are now ridiculously over-priced.


sleep envy

62,260 posts

250 months

Thursday 22nd May 2008
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bought my sport evo in April 2000 for £14.5k @ 24k kms

sold it in Dec 2003 for £18k with an additional @ 55k kms

still in contact with the owner and he's had it valued at £25k @ 72k kms

he wants £28k to part with it

better than money in the bank

e..uncle..hello

Original Poster:

35 posts

192 months

Thursday 22nd May 2008
quotequote all
£28k eh? hmmmmmm.......

That is a fair amount of dosh for an e30. Thats getting into CSL money; is there an even comparison between these cars?
As nice as I think e30 m3s are, I cant help but feel these cars have a 25% nostalgic supplement added to their true value and this figure increases year on year.


sleep envy

62,260 posts

250 months

Thursday 22nd May 2008
quotequote all
e..uncle..hello said:
Thats getting into CSL money; is there an even comparison between these cars?
IMO - no

you buy the car for what it is

a CSL will be faster to get to 60, brake better, be faster through a corner

you buy an e30 m3 for what it is - an iconic car


e..uncle..hello said:
As nice as I think e30 m3s are, I cant help but feel these cars have a 25% nostalgic supplement added to their true value and this figure increases year on year.
the market dictates the price, pretty much like any modern classic sought after car - just look at 964 and 993 RSs which are valued at twice the price of vanilla C2 versions

sleep envy

62,260 posts

250 months

Thursday 22nd May 2008
quotequote all
ASBO said:
Granted, but a Lotus Elise does all those things and more for less cash. Hence, why they are now ridiculously over-priced.
except accommodate 4 and their luggage to and from Le Mans smile

darronwall

1,730 posts

197 months

Thursday 22nd May 2008
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BEST DRIVING CAR I HAVE EVER OWNED!!
my other toy is a 996 but i far prefer to drive my m3 the only other car that compares was my intergrale but that fell to bits!!
i purchased this car 5 months ago, cheap,i have been offered 7k profit,would i sell it? no there cant be another car as much fun as well as being practical and have true classic status ,oh and better than money in bank!!

RacingBlue

54 posts

223 months

Friday 23rd May 2008
quotequote all


[/quote]

Granted, but a Lotus Elise does all those things and more for less cash. Hence, why they are now ridiculously over-priced.


[/quote]

Having owned a lotus elise and currently own an e30 m3 there is no comparison between the two. An e30 m3 is a full homologation car built at motorsport by hand to a cost of nearly 30000 pounds in 1989. Granted the lotus elise is a fantastic car but it never entered 1320 touring car races winning 0ver 1200 of them! You will never fully understand an e30 m3 until you have owned one.


ASBO

26,140 posts

215 months

Friday 23rd May 2008
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RacingBlue said:
asbo said:
Granted, but a Lotus Elise does all those things and more for less cash. Hence, why they are now ridiculously over-priced.
Having owned a lotus elise and currently own an e30 m3 there is no comparison between the two. An e30 m3 is a full homologation car built at motorsport by hand to a cost of nearly 30000 pounds in 1989. Granted the lotus elise is a fantastic car but it never entered 1320 touring car races winning 0ver 1200 of them! You will never fully understand an e30 m3 until you have owned one.
Yawn.

GreatGranny

9,128 posts

227 months

Friday 23rd May 2008
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chippy17

3,740 posts

244 months

Friday 23rd May 2008
quotequote all
I owned one for 4 years and sold it just before the market went up!

They are fantastic cars and great fun, they are right up there, but price wise there has to be a bit of nostalgia going on, but surely this is the point with most 'classic' cars.

where would you rather be; cruising down the road in a soft top E type, or in the faster in every way diesel Mondeo?! They have gone beyond speed etc, to use a cliche, they have attained 'thrill of driving'



Edited by chippy17 on Friday 23 May 17:16

darronwall

1,730 posts

197 months

Friday 23rd May 2008
quotequote all
ASBO said:
RacingBlue said:
asbo said:
Granted, but a Lotus Elise does all those things and more for less cash. Hence, why they are now ridiculously over-priced.
Having owned a lotus elise and currently own an e30 m3 there is no comparison between the two. An e30 m3 is a full homologation car built at motorsport by hand to a cost of nearly 30000 pounds in 1989. Granted the lotus elise is a fantastic car but it never entered 1320 touring car races winning 0ver 1200 of them! You will never fully understand an e30 m3 until you have owned one.
Yawn.
i had an elise once..........now i havnt out of choice they are not all they are cracked up to be ,very good they may be but they can not be compared to an m3 it all depends what you want from your car

MarkM3Evoplus

807 posts

201 months

Friday 23rd May 2008
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Asbo,

I notice you are on the other thread and you seem to not think the e30 M3 is anything special.
Well each to their own - it is a homologation special that has widespread appeal, but obviously not to you.

Have you driven a good example (some may not be at their best even if they look good due to wear and tear in bushes etc)?

What car do you drive/aspire to? And what makes it special to you?

I like the E30 M3 for the reason mentioned on this and the other thread. I also have access to a Nissan Skyline GTR32 - a very different car, but also a pleasure to drive (450 bhp at high boost setting!!).

Cheers,


clubsport

7,260 posts

259 months

Saturday 24th May 2008
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I am a fan of the e30 M3 and have nearly bought one on a couple of occasions, something else has come along as the M3's I looked at weren't really up to standard.
I have no problem with their price, they actually look reasonable compared to other niche cars,,,

What does wind me up is this homologation special lark....sure, I understand the concept, but the E30 M3 is ever so slightly diluted, electric windows, sunroof, often leather trim....these factors and the huge number built, lead me to conclude they will never be worth mega bucks.....doesn't stop it being a great car though smile

PPPPPP

1,140 posts

232 months

Saturday 24th May 2008
quotequote all
e..uncle..hello said:
£28k eh? hmmmmmm.......

That is a fair amount of dosh for an e30. Thats getting into CSL money; is there an even comparison between these cars?
As nice as I think e30 m3s are, I cant help but feel these cars have a 25% nostalgic supplement added to their true value and this figure increases year on year.
The E30 Evo Sport & the M3 CSL are two great cars & certainly 2 of BMW's best - that's why I have bothbiggrin

My Evo Sport with 75k miles is already worth more than 40k miles M3 CSL's, and is quite a bit like the 964RS

The E30 with it's 17 year advantage & great racing history has earned it's nostalgia value, the M3 CSL will do so eventually.




Edited by PPPPPP on Saturday 24th May 18:20


Edited by PPPPPP on Thursday 29th May 09:33