What sort of money does a decent E46 M3 start at?
What sort of money does a decent E46 M3 start at?
Author
Discussion

5678

Original Poster:

6,146 posts

253 months

Monday 11th March 2013
quotequote all
Bit of a general one I know, but I see huge variations in prices, £6-9k covers a lot of cars.

High miles aren't an issue to me, I know these are old cars. So what sort of money do decent examples start at?

shibby!

927 posts

224 months

Monday 11th March 2013
quotequote all
7k probably... 7.5k.

These will be early ones with no idea of subframe issues.

Personally i WAS selling mine (not anymore) for 8k or so, 100k, 52 plate , service history, new subframce, all the options, and in general good conditions. Wasnt mint, wasnt a dog.

This is probably reasonable.

The ones at 6k i have seen a dogs, no options, no idea on subframe issues, no service history, or HUGE mileage. Although that in itself isnt an issue if its a good one.

M7RT V

428 posts

284 months

Monday 11th March 2013
quotequote all
You can have my 05 M3 CS for 10.5k wink

nottyash

4,671 posts

221 months

Monday 11th March 2013
quotequote all
I sold my 2003 Imola red, FSH sat nav etc last year for £8k. It needed front discs, but was an absolute bargain, especially when I had just put new Continental M3 tyres all round on it.

5678

Original Poster:

6,146 posts

253 months

Tuesday 12th March 2013
quotequote all
Looks like it's 7-8k really then.

There's a Blue/Grey one in the classifieds at the moment that looks a well looked after car and under 7k. Not sure I could live with a grey interior though.

The good news though, SWMBO has given the go ahead. Even if she does think they are a "little bit council" hehe

neutral 3

8,177 posts

196 months

Tuesday 12th March 2013
quotequote all
Depends how desperate the owner needs cash !

Re councily, Many great cars go through an "image " phase for a while, E Types, 3 Litre Capris, Datsun 240Z, R5 GT Turbo, Range Rovers, the list is endless.

Don't dismiss a very high miles M3, as long as the History , The seller and condition stack up, an M3 is capable of racking up a huge mileage. If you can find an enthusiast seller ( and not someone who is moving on to a newer Bird puller ) there are some cracking cars out there.



Froomee

1,494 posts

195 months

Tuesday 12th March 2013
quotequote all
Look on M3 cutters............... plenty of info and cars on there wink

Jonboy_t

5,038 posts

209 months

Tuesday 12th March 2013
quotequote all
Without 'advertising', I know of a very handsome gentleman selling an 04 plate convertible (cat c back in 2008, 79k, excellent condition) and I'm sure he would be tempted to take about 7.5k for it.

I also hear it is free of subframe issues and is incredibly well taken care of.

I also hear he's fantastic in bed.

PM me if you would like me to, ahem, pass your information to him.

5678

Original Poster:

6,146 posts

253 months

Sunday 17th March 2013
quotequote all
Lol, thanks, but a cab isn't my thing.

Need my house purchase to complete then I can get moving on this.

gaz1234

5,233 posts

245 months

Sunday 17th March 2013
quotequote all
Mine has taken a hit and a half."..

BlimeyCharlie

984 posts

168 months

Monday 18th March 2013
quotequote all
i've sold mine recently.
110,000 miles, manual with CSL wheels, 02 plate. Great advert including pictures and write-up. Full service history from day 1 and no issues whatsoever.

Not a single enquiry for the best part of a week at £7450. (advertised on here).
Dropped price to just under £6900 and bingo-loads of interest.

I'd have bought it, I know that.
However, I ran this car for two years, including an oil service, and it cost me less than £1000 to clock up 16,000 miles, so very pleased.

So I'd say a decent car can be had for high 6's, though you could pay £8.5k for a duffer, and the car be worse than a £6k one.

Price does not ever reflect condition in my book. It reflects what the owner is asking for it. What the owner will accept is up to the owner. So have a good look, and keep your eye on the spec you'd like. Some cars have been for sale for yonks as well.

Good luck!


Niffty951

2,382 posts

254 months

Tuesday 19th March 2013
quotequote all
BlimeyCharlie said:
Not a single enquiry for the best part of a week at £7450. (advertised on here).
Dropped price to just under £6900 and bingo-loads of interest.
Same story for me selling 1 year ago. Very solid cars but I would say at this stage £7k could buy you a v.good car or a v.bad car. It's hard to justify more even for a very good one but there are some really badly abused ones due to the 'relatively' low values for the last few years.

Honestherbert

592 posts

173 months

Tuesday 19th March 2013
quotequote all
I think they are getting to the point where you really need to judge each car individually. I have a friend who purchased one for £9k with 40 odd thousand miles and had nothing but trouble within 6 months of owning it, and another friend who paid £7.5k for a 60k example 18 months ago and hasn't had a spot of bother. Some dealers are asking £9-10k for cars that are easily obtainable for £6-7k privately, and both my friends looked at some examples up for £2-3k more than the ones they ended up buying which were in much poorer condition. There is what appears to be a very good example on sxoc for £6k with full history, under 100k and no subframe issuessmile

BlimeyCharlie

984 posts

168 months

Tuesday 19th March 2013
quotequote all
Honestherbert said:
I think they are getting to the point where you really need to judge each car individually. I have a friend who purchased one for £9k with 40 odd thousand miles and had nothing but trouble within 6 months of owning it, and another friend who paid £7.5k for a 60k example 18 months ago and hasn't had a spot of bother. Some dealers are asking £9-10k for cars that are easily obtainable for £6-7k privately, and both my friends looked at some examples up for £2-3k more than the ones they ended up buying which were in much poorer condition. There is what appears to be a very good example on sxoc for £6k with full history, under 100k and no subframe issuessmile
I don't want to be rude, but never heard of SXOC, so I googled the blighter.

Still slightly baffled what it stands for/is, but appears to be a Nissan 'drifting' website. Not really my thing, and not the most obvious place to advertise an M3 on?

Couldn't actually find the details of the car mentioned above, other than one on there for sale (the only one, weirdly) that was last updated 2 months ago..

The ad is basic, to say the least. No photo, no price. Therefore, no good.

I think the comments made by Honestherbert are valid though.

BlimeyCharlie

984 posts

168 months

Tuesday 19th March 2013
quotequote all
Honestherbert said:
I think they are getting to the point where you really need to judge each car individually. I have a friend who purchased one for £9k with 40 odd thousand miles and had nothing but trouble within 6 months of owning it, and another friend who paid £7.5k for a 60k example 18 months ago and hasn't had a spot of bother. Some dealers are asking £9-10k for cars that are easily obtainable for £6-7k privately, and both my friends looked at some examples up for £2-3k more than the ones they ended up buying which were in much poorer condition. There is what appears to be a very good example on sxoc for £6k with full history, under 100k and no subframe issuessmile
I don't want to be rude, but never heard of SXOC, so I googled the blighter.

Still slightly baffled what it stands for/is, but appears to be a Nissan 'drifting' website. Not really my thing, and not the most obvious place to advertise an M3 on?

Couldn't actually find the details of the car mentioned above, other than one on there for sale (the only one, weirdly) that was last updated 2 months ago..

The ad is basic, to say the least. No photo, no price. Therefore, no good.

I think the comments made by Honestherbert are valid though.

BlimeyCharlie

984 posts

168 months

Tuesday 19th March 2013
quotequote all
Honestherbert said:
I think they are getting to the point where you really need to judge each car individually. I have a friend who purchased one for £9k with 40 odd thousand miles and had nothing but trouble within 6 months of owning it, and another friend who paid £7.5k for a 60k example 18 months ago and hasn't had a spot of bother. Some dealers are asking £9-10k for cars that are easily obtainable for £6-7k privately, and both my friends looked at some examples up for £2-3k more than the ones they ended up buying which were in much poorer condition. There is what appears to be a very good example on sxoc for £6k with full history, under 100k and no subframe issuessmile
I don't want to be rude, but never heard of SXOC, so I googled the blighter.

Still slightly baffled what it stands for/is, but appears to be a Nissan 'drifting' website. Not really my thing, and not the most obvious place to advertise an M3 on?

Couldn't actually find the details of the car mentioned above, other than one on there for sale (the only one, weirdly) that was last updated 2 months ago..

The ad is basic, to say the least. No photo, no price. Therefore, no good.

I think the comments made by Honestherbert are valid though.

kchika

246 posts

186 months

Wednesday 20th March 2013
quotequote all
BlimeyCharlie said:
However, I ran this car for two years, including an oil service, and it cost me less than £1000 to clock up 16,000 miles, so very pleased.
You ran the car for two years and the only servicing you've carried out is an oil service?

You've missed a big part of the E46 M3 maintenance schedule, i.e. adjusting the valve clearances

martin mrt

3,879 posts

227 months

Wednesday 20th March 2013
quotequote all
I have been looking at these lately, prices are all over the place.

I missed out on what appeared to be a decent example on sunday, with high ish miles (doesn't bother me) for 6k and full BMW history.

The subframe issue concerns me somewhat but a car priced accordingly to account for the repair being done in the near future means it wouldn't be a huge concern.

I'm still torn between buying a cheap E46 or spending more on an E90


Honestherbert

592 posts

173 months

Wednesday 20th March 2013
quotequote all
BlimeyCharlie said:
I don't want to be rude, but never heard of SXOC, so I googled the blighter.

Still slightly baffled what it stands for/is, but appears to be a Nissan 'drifting' website. Not really my thing, and not the most obvious place to advertise an M3 on?

Couldn't actually find the details of the car mentioned above, other than one on there for sale (the only one, weirdly) that was last updated 2 months ago..

The ad is basic, to say the least. No photo, no price. Therefore, no good.

I think the comments made by Honestherbert are valid though.
Nissan 200sx owners club;) and it has nothing to do with drifting other than some of the owners obviously dosmile

You wont have seen details of the car as its in other vehicles for sale and maybe you have to be registered to see it? Irrelevant though as members can advertise vehicles other than Nissan's! point is it appears to be an excellent car for the price. I often find decent cars for sale on owners clubs rather than autotrader,ebay etc. The pistonheads for sale section has declined massively too imo as there are barely any cars on there anymore!





shibby!

927 posts

224 months

Wednesday 20th March 2013
quotequote all
kchika said:
BlimeyCharlie said:
However, I ran this car for two years, including an oil service, and it cost me less than £1000 to clock up 16,000 miles, so very pleased.
You ran the car for two years and the only servicing you've carried out is an oil service?

You've missed a big part of the E46 M3 maintenance schedule, i.e. adjusting the valve clearances
Why is that, services alternate between oil and inspection, and are on a countdown based on fuel usage OR 2 years.

So entirly well within the service schedules.