E46 m3 collectability

E46 m3 collectability

Author
Discussion

reggie82

1,370 posts

178 months

Tuesday 11th August 2020
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Yep I have a 54 plate facelift and one of my bearings spun on around 125k miles. Bent the crankshaft and cost £4K to fix, well gutted I hadn’t spent a grand changing the bearings as preventative maintenance!

Plenty of later cars than mine have had them go too. At the end of the day it’s a high revving powerful engine and the bearings are taking the brunt of that.

Gouki

352 posts

184 months

Wednesday 12th August 2020
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Just to add some balance to the force, I had the rod bearings replaced by ETA Motorsport at about 130k miles, where probably the last 20k have either been on track or driven to and from track. They came out looking like new, but the car has had the privilege of more regular servicing and preventative maintenance including oil changes due to it's lifestyle.

Thinking my car was long in the tooth, I met another E46 M3 owner who was on 170k at Snetterton, his car was running sweetly.

I'm not sure catastrophic failure is a given for all engines, but programming the CSL warm up lights is probably a good failsafe (oil temp) rather than the standard water temp markers.

reggie82

1,370 posts

178 months

Wednesday 12th August 2020
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Oh yeah I totally agree, it’s not a given the bearings will go, but if you compare the likelihood with outcome, it’s well worth doing in my opinion.

Mr Tidy

22,313 posts

127 months

Wednesday 12th August 2020
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reggie82 said:
Oh yeah I totally agree, it’s not a given the bearings will go, but if you compare the likelihood with outcome, it’s well worth doing in my opinion.
My thinking was they will fail at some point and I don't fancy facing the bill if they do. eek

Plus buying on 76K as a keeper I know they will need doing during my ownership, so I might as well have the peace of mind of knowing they have been done!

And as my car has had 7 previous owners that increases the likelihood of the car getting given the beans before it was properly warmed up, which seems to contribute to bearing wear.

thegermancarguy

126 posts

109 months

Saturday 7th November 2020
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Any individual m3 coupes up or coming up for sale?

Tommie38

758 posts

194 months

Tuesday 10th November 2020
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I think the other factor affecting collectibility is originality.

So many of these cars have been chavved up and I think many of the people prepared to pay real premiums will want originality.

JD2329

480 posts

168 months

Friday 13th November 2020
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A nice, low mileage example will always make reasonable money. If you can get one in that condition they can give a lot of pleasure - but they are still old cars and demand upkeep. There always comes a point where expense can't be avoided – and if timing is wrong there can be a lot to shell out for.
Conceptually, I think they are peak BMW – and still plentiful enough to keep values down.

r4_rick

452 posts

215 months

Friday 13th November 2020
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I would say these are a sure fire banker to go up, as the pool shrinks through high cost repairs, those remaining will go up. Of course low milers more certaintity of reaching the levels of e30 M3, in another 20 odd years, but those with high miles but well maintained will appeal to those who want to drive it and not be worried about the speedo reading. Tempted especially by the classic combo of manual, coupe, no sunroof.

evojam

568 posts

160 months

Saturday 14th November 2020
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A nice low miles low owner E46 M3 will always be desirable and appreciate slowly but will almost certainly not reach the levels attained by the original E30 M3,in another 20-30 years time the classic car market could also look quite different to what is now..unpredictable times.

Mr Tidy

22,313 posts

127 months

Saturday 14th November 2020
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r4_rick said:
I would say these are a sure fire banker to go up, as the pool shrinks through high cost repairs, those remaining will go up. Of course low milers more certaintity of reaching the levels of e30 M3, in another 20 odd years, but those with high miles but well maintained will appeal to those who want to drive it and not be worried about the speedo reading. Tempted especially by the classic combo of manual, coupe, no sunroof.
Funny you say that as it's largely what led me to my Z4M Coupe with the same engine!

Sunroof was never an option and they were only ever manual. Plus the UK only got about 600 of them, so they have rarity on their side.

But if you would ever need rear seats that is where the M3 fits the bill!

thegermancarguy

126 posts

109 months

Tuesday 17th November 2020
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The prices from 2 years ago for low mileage cars are very different now

Ecosse79

74 posts

213 months

Tuesday 17th November 2020
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thegermancarguy said:
Any individual m3 coupes up or coming up for sale?
I have a low mileage, low owner immaculate manual Silverstone edition that I could be persuaded to sell. PM if of interest.

thegermancarguy

126 posts

109 months

Thursday 10th December 2020
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People who are saying they won’t hit e30 m3 prices haven’t considered what e30 m3s were selling for when 20 years old. I know there are far more of these but they do appeal to far more people.
A low mileage silverstone coupe was advertised for over £26k recently and it’s gone. If you had said that 5 years ago, you’d be laughed at.
I’d either want a low mikes car or one which had the underside refreshed as they’re showing signs of age.
Doing the subframe, removing the underbody components and refreshing/replacing where needed can cost several £thousand.

Jonstar

866 posts

191 months

Thursday 10th December 2020
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Funny one the e46, because when you remove the engine what makes them so special?

By most counts a basic boxster is a better drivers car and a z4m has the same engine in a more exciting, rarer and lighter package. I appreciate the m3 is more practical but can a car really become a classic on everyday usability? Most classics seem to be very rare or good/outrageous with regards to a few things rather than a jack of all trades, but maybe I'm missing something?

joema

2,648 posts

179 months

Friday 11th December 2020
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Yep. It's an M3. Which is desirable to many.

But it's not just engine. LSD, weight distribution etc make for a good handling package. Altogether it makes a fun car.

shantybeater

1,193 posts

169 months

Sunday 13th December 2020
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thegermancarguy said:
People who are saying they won’t hit e30 m3 prices haven’t considered what e30 m3s were selling for when 20 years old. I know there are far more of these but they do appeal to far more people.
A low mileage silverstone coupe was advertised for over £26k recently and it’s gone. If you had said that 5 years ago, you’d be laughed at.
I’d either want a low mikes car or one which had the underside refreshed as they’re showing signs of age.
Doing the subframe, removing the underbody components and refreshing/replacing where needed can cost several £thousand.
supply vs demand -

E30 M3 - 5000 built worldwide
E46 M3 - 86000~

It's just not going to happen, and if it does it won't be in our lifetime. I think its a safe place to put your money (compared to any ICE car) but don't expect E30 M3 prices, EVER.


89pgy

83 posts

206 months

Sunday 13th December 2020
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E30 M3 production was just over 17000. But I do agree E46 will never equal E30 prices other than the csl which may. The only reason it may not in the uk is rhd so a smaller market to sell into, where as the lhd e30 has a larger worldwide market .

daviekiwi

Original Poster:

164 posts

205 months

Sunday 13th December 2020
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only 28 for sale on here? mostly smg cabs, somebody must be keeping them tucked away?

Fermit and Sexy Sarah

12,939 posts

100 months

Sunday 13th December 2020
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joema said:
How much are you seriously going to make by not using it though. A couple of grand? Can't see them doubling or tripling etc. Just use it and be happy.
This is what people said when E30 M3's were peanuts to buy laugh

89pgy

83 posts

206 months

Sunday 13th December 2020
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E30 m3s were cheap arrond 2006/2007. I bought one at a shade over 3k but it has taken best part of 12 years to get to where they are now. Who knows what crack pot laws will effect cars over the next 12 years. If you have any classic now just drive it and enjoy it will you can. You remember the cars you drove not the ones you parked up in case they made money.