Discussion
E30M3SE said:
Did a double take at the black one. Same spec as my old one (it's not as mine was on a H and didn't have repeaters on the wings)He wants £35K which is not too bad, if its actually had a decent engine rebuild.Possibly a good project car?
Red car, owner says he has more than 1 M3.
Seems like a tastefully modified car. (It's mostly reversible if you wanted) But without any BHP/Torque figures just how good is that Geoff Steel rebuild?
Edited by Rich_W on Monday 22 January 21:33
silentbrown said:
Do those spring rates sound right?
White D reg car going to auction at the Race Retro show.
https://www.silverstoneauctions.com/bmw-e30-m3
Lets see what the market says is entry level money on what looks an average M3.
https://www.silverstoneauctions.com/bmw-e30-m3
Lets see what the market says is entry level money on what looks an average M3.
Deptford Draylons said:
White D reg car going to auction at the Race Retro show.
https://www.silverstoneauctions.com/bmw-e30-m3
Lets see what the market says is entry level money on what looks an average M3.
I thought that was my old car on first glance!https://www.silverstoneauctions.com/bmw-e30-m3
Lets see what the market says is entry level money on what looks an average M3.
Interesting thread. In my opinion a rough but driveable (until the inevitable financially crippling rebuild) E30 M3 is worth £30K. A hound that requires immediate and full attention is worth £20K. A mint, properly restored road car is £50K. Proper DTM/Grp A & BTCC cars etc are a whole different bag of pricing lunacy. The issue is that for £20K a hound cannot be turned into a minter with parts availability issues, varied quality of workmanship by fabricators, painters and suppliers etc.
So what do you do? Drop £30K into a hound (because that's what it'll cost for metalwork, paint, engine build, gbox & diff, suspension, trim etc), or just buy a restored car for £50K and hope that under the paint, seam sealer and in all the corners you can't see, that the work was carried out meticulously from start to finish, and the owner/restorer didn't lose enthusiasm and cut a corner which will turn into an issue later down the line?
The so called un-restored "minters" will be ruined under the carpets, fusebox, bulkead and polish/filler. They're all too old now to have survived the ravages of time, and don't need to have been in an accident to rot. After all, they all rot in the same places, yet have not all been in the same accidents.
People have to be thoroughly motivated to own these cars, they're fairly tough, but really quite old now and not especially quick. They are a complete b*stard to restore, and if it's not been done - it'll need doing.
I've bought sheddy ones twice in the last 10 years and have the scars to prove testimony. The second shed purchased is now a properly mint Group A replica, (worth about £0.50 mind to all the "concours" seeking types as it's got a cage in it, silly diff etc)
Go into it with your eyes open.
Bit of a pointless post, other than to get a message across which is you've got to really, really want one to tolerate all the nonsense of restoring, and make sure you use good, proper people on the important bits.
So what do you do? Drop £30K into a hound (because that's what it'll cost for metalwork, paint, engine build, gbox & diff, suspension, trim etc), or just buy a restored car for £50K and hope that under the paint, seam sealer and in all the corners you can't see, that the work was carried out meticulously from start to finish, and the owner/restorer didn't lose enthusiasm and cut a corner which will turn into an issue later down the line?
The so called un-restored "minters" will be ruined under the carpets, fusebox, bulkead and polish/filler. They're all too old now to have survived the ravages of time, and don't need to have been in an accident to rot. After all, they all rot in the same places, yet have not all been in the same accidents.
People have to be thoroughly motivated to own these cars, they're fairly tough, but really quite old now and not especially quick. They are a complete b*stard to restore, and if it's not been done - it'll need doing.
I've bought sheddy ones twice in the last 10 years and have the scars to prove testimony. The second shed purchased is now a properly mint Group A replica, (worth about £0.50 mind to all the "concours" seeking types as it's got a cage in it, silly diff etc)
Go into it with your eyes open.
Bit of a pointless post, other than to get a message across which is you've got to really, really want one to tolerate all the nonsense of restoring, and make sure you use good, proper people on the important bits.
[quote=Matter88
Bit of a pointless post, other than to get a message across which is you've got to really, really want one to tolerate all the nonsense of restoring, and make sure you use good, proper people on the important bits.
[/quote]
Not pointless at all, bang on the money I reckon.
Although I'd not let my restored car go for £50k!
Bit of a pointless post, other than to get a message across which is you've got to really, really want one to tolerate all the nonsense of restoring, and make sure you use good, proper people on the important bits.
[/quote]
Not pointless at all, bang on the money I reckon.
Although I'd not let my restored car go for £50k!
Rob747 said:
Not pointless at all, bang on the money I reckon.
Although I'd not let my restored car go for £50k!
Neither would I Rob, although I might for £60K! Although I'd not let my restored car go for £50k!
What I'd personally really like to see is all on this thread who own an E30 M3 in any state to throw a photo up, lots of talk on here about prices (boring) but not many photos of gratuitous proper M porn! The dirtier and the more sideways the better in my view.
Here's my shed, not yet dirty though (and worse for it);
Looked like this 2 years ago;
It's been bloody horrendous.
The problem with a rough £20k car is that it'll break for considerably more.
I bought mine as an already modified example. I spent the purchase price and then some over the past 3 years and made it the E30 M3 I always wanted. I didn't do it as an investment and I'm not naive enough to expect to get all my money back.
I've no idea what it's worth really, but it would have to be quite a sizeable chunk of cash for me to consider selling. I'd still say no, but at least I would consider it.
I bought mine as an already modified example. I spent the purchase price and then some over the past 3 years and made it the E30 M3 I always wanted. I didn't do it as an investment and I'm not naive enough to expect to get all my money back.
I've no idea what it's worth really, but it would have to be quite a sizeable chunk of cash for me to consider selling. I'd still say no, but at least I would consider it.
Matter88 said:
Rob747 said:
Not pointless at all, bang on the money I reckon.
Although I'd not let my restored car go for £50k!
Neither would I Rob, although I might for £60K! Although I'd not let my restored car go for £50k!
What I'd personally really like to see is all on this thread who own an E30 M3 in any state to throw a photo up, lots of talk on here about prices (boring) but not many photos of gratuitous proper M porn! The dirtier and the more sideways the better in my view.
Here's my shed, not yet dirty though (and worse for it);
Looked like this 2 years ago;
It's been bloody horrendous.
This is mine, its used 8 or so months of the year quite often daily, more interesting trips as and when like above.
Its not mint but its no rot box either but at some point it will get a light resto but then it will end up like my 325i sport that never gets used as its too nice, Difficult one as I love using it yet all the small body defects, (chips, scratches, car park dings etc) let it down and annoy me.
I disagree about all the 'low mileage minters' being rusty unless they've been restored. Ive had the pleasure or working on several E30 M3's (and plenty of ordinary E30's) that have been in exceptional unrestored condition.
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