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-   -   To buy or not to buy, that is the question.... (http://forums.carmudgeons.com/showthread.php?t=151272)

Nick M3 07-10-2018 01:30 PM

If you are buying to flip, don't. You're taking a risk on something breaking, there's significant transaction cost, etc. You might end up pocketing 1-2k, but it won't be worth the effort.

If you want an E36 M3, buy it.

John V 07-10-2018 02:33 PM

I'm interested in learning more about it. Any chance you can get some pictures?

I'm guessing it's a lux package car, which would eliminate any interest on my end, but... it's worth poking nonetheless.

3LOU5 07-11-2018 12:51 AM

Quote:

Originally Posted by wdc330i (Post 532995)
The American M3 had a detuned version of the European engine—or something like that.

I see.

Thought all M3 engines had the same configuration and hp/torque specs.

:dunno: :dunno:

3LOU5 07-11-2018 12:59 AM

Quote:

Originally Posted by equ (Post 532999)
Check the maintenance paperwork. If there is a nice, solid stack, buy it. Without it, flipping may get risky as well though $10k seems like a deal. Isn't your e46 getting long in the tooth? You can go backward in time. Nothing wrong with an e36 m3, pretty nice car to have at that price.

I can't readily check paperwork, since I live in NV and the car is in FL.

Don't know if I'll flip it right away. I would like to own it for a good couple of years, since I've never owned an M3.

I guess I'm not a True Carmudgeon", getting bored with cars right away and opting to buy something with more power and better handling. My E46 just purrs right along, and I've developed quite a sick liking over it: I'm going to see just how many miles it can get before my driving career is done.

3LOU5 07-11-2018 01:01 AM

Quote:

Originally Posted by Nick M3 (Post 533007)
I reject black. But if you don't hate black and don't already have an E36, yeah, I'd get it.

I don't like black cars as well.

The color is probably what's preventing me to "go all-in".

3LOU5 07-11-2018 01:03 AM

Quote:

Originally Posted by Josh (PA) (Post 533011)
I think $10k is a good, but not great deal. The 79k mileage is a real value add to resale. If it is perfect you could list it for $13 - $15k and sell it without too much effort.

https://bringatrailer.com/bmw/e36-m3/

Wow. That's a pretty good flip, imo.

3LOU5 07-11-2018 01:05 AM

Quote:

Originally Posted by Jeff_DML (Post 533014)
:+1


Can you confirm it does not have the luxury package? That will bring down the value a bit. LTW wheels would be a bonus.

I cannot confirm that it does not have the luxury package, or if it has LTW wheels.

3LOU5 07-11-2018 01:12 AM

Quote:

Originally Posted by Nick M3 (Post 533033)
If you are buying to flip, don't. You're taking a risk on something breaking, there's significant transaction cost, etc. You might end up pocketing 1-2k, but it won't be worth the effort.

If you want an E36 M3, buy it.

I had this idea of doing an even trade: My deceased parents' 2012 Acura TSX Special Edition for that 1997 BMW M3, both black-on-black, but the TSX is an automatic.

I think my parents would haunt me if I did that, LOL.

3LOU5 07-11-2018 01:15 AM

Quote:

Originally Posted by John V (Post 533038)
I'm interested in learning more about it. Any chance you can get some pictures?

I'm guessing it's a lux package car, which would eliminate any interest on my end, but... it's worth poking nonetheless.

I'm not really close to the owner, both in physical distance and relationship.

I could ask him if he still has it and I could give you his phone number/e-mail if you're serious about buying it and driving it back from FL where he lives.

:dunno: :dunno:

rumatt 07-11-2018 08:06 AM

Why are we discussing the value of a car for which we don't know the options or condition? I'm confused.


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