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

Jeff_DML 07-09-2018 02:27 PM

Quote:

Originally Posted by ff (Post 532930)
A 20+ year old BMW? $ounds like $omething that ha$ the potential to lighten your wallet $everal time$ each year. No thanks.

Yeah but for a BMW M car the e36 M3 is very reliable with it's non-M engine and not a lot of electronics.

Nick M3 07-09-2018 02:36 PM

Buy it.

3LOU5 07-10-2018 02:11 AM

Quote:

Originally Posted by lip277 (Post 532882)
Appealing - yes, I agree. Could make a fun second car.

One thing - have you priced insurance for the M3? I was surprised when I heard my friend (with E46 M3) paid less to insure his GT2.

Seems now that these cars are 'cheap enough' for the yahoos and wankers to get, the loss rate on them is pretty good (according to my insurance agent).

From my end - I am not a fan of black (either on the outside or interior)... Other than that, would make a fun second/weekend car.

I didn't price the insurance, but am surprised that it costs MORE than a GT2.

I never had a black car, and it would be a pain in the ass to keep it nice and shiny, that's for sure.

*If* it was a 'vert, I'd be seriously, SERIOUSLY consider buying it.

3LOU5 07-10-2018 02:13 AM

Quote:

Originally Posted by Jeff_DML (Post 532883)
If in good condition you should be able to flip it to make a bit of money.

I saw it last winter, when I was in FL. Judging from the outside, it looks to be in great shape.

Don't really know what the interior looks like though. I'm guessing it's in good shape as well.

3LOU5 07-10-2018 02:15 AM

Quote:

Originally Posted by Josh (PA) (Post 532885)
That was my first thought, assuming it is well documented and in nice condition. Lower mileage M3s seem pretty sought after.

The owner says he has a "personal mechanic" who works on it, but am not exactly sure if he has receipts/documentation to prove it has been carefully maintained.

3LOU5 07-10-2018 02:19 AM

Quote:

Originally Posted by kognito (Post 532886)
This, and this

I wonder how much money can it bring in.

Reminds me of my uncle's car.

3LOU5 07-10-2018 02:20 AM

Quote:

Originally Posted by Biggins (Post 532900)
Do it.

Tempting....

3LOU5 07-10-2018 02:21 AM

Quote:

Originally Posted by rumatt (Post 532901)
You didn't say anything about condition and maintenance.

I'm not following the prices of e36s, but at price it seems pretty great though?

Looks to be in good-to-excellent condition.

I don't follow prices of E36s either, and I'm wondering if $10k for a car like this is a fair (or killer) deal....

:dunno: :dunno:

3LOU5 07-10-2018 02:22 AM

Quote:

Originally Posted by wdc330i (Post 532907)
Seems like a deal—provided it doesn’t need another $10k in repairs/maintenance.

Therein lies the $64,000 question....

3LOU5 07-10-2018 02:22 AM

Quote:

Originally Posted by ff (Post 532930)
A 20+ year old BMW? $ounds like $omething that ha$ the potential to lighten your wallet $everal time$ each year. No thanks.

My sentiments exactly....


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