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Old 11-02-2011, 03:24 PM   #1
Optimus Prime
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1991 318is... opinions

160,000 miles or so. Lets say middle of the road cosmetics and running state. What are the opinions? I'm looking for a beater car that is still fun to drive, but is a small upfront investment. Has the LSD. Should be a decent snow car.
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Old 11-02-2011, 03:25 PM   #2
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I'd buy it, assuming it's not stupidly priced.
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Old 11-02-2011, 03:45 PM   #3
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I'd buy it, assuming it's not stupidly priced.
With 160k miles? By "stupidly priced" I assume you mean no more than $500.
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Old 11-02-2011, 03:48 PM   #4
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With 160k miles? By "stupidly priced" I assume you mean no more than $500.
160k isn't near death if it's not been abused. OP described it as middle of the road on condition.

I might even go up to $1000.

But then again, I have a soft spot for '91 318is's.
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Old 11-02-2011, 03:51 PM   #5
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Given what I know about E30s and roughly where you live in the country, how is it not a complete ball of rust by now?

$500 is the absolute tops I would spend unless it's in excellent shape mechanically.
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Old 11-02-2011, 04:20 PM   #6
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Given what I know about E30s and roughly where you live in the country, how is it not a complete ball of rust by now?

$500 is the absolute tops I would spend unless it's in excellent shape mechanically.
I haven't seen it yet, but he says there's just a smidge of rust around the rear tow hook area. I'm going to have my BIL check it out since he lives in the area (it's about 3 hours from me) and he owned an E30 M3 for a while so he's somewhat familiar with them.

Asking price is $1800, which I thought was good until you all started around $500. Which is why I ask these questions.
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Old 11-02-2011, 04:28 PM   #7
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Depends on the color.

Alex
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Old 11-02-2011, 05:57 PM   #8
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A nice E30 sells in the $2-3k range under most circumstances. Basically, if it runs, the big question is "how bad is the rust?" And really, that's the first question. If the shell is good, it can be fairly easily made to run.

Notwithstanding the car Alex basically gave to me (thanks again!), drivable E30s do *not* transact in the $500 range.

To be clear, a $500 E30 is usually a parts car.
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Old 11-02-2011, 06:05 PM   #9
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Here is a recent example from my local craiglist

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1991 BMW 318is (E30) Super Nice!! Runs Great!! - $3500

For sale a 1991 BMW 318is Black Schwartz with gray cloth interior. Runs great. I use it as a daily driver. A/C blows cold. All power windows work. Recent items I just did to it are tune up, brand new fuel pump, two new tires, just did smog check in September. Clean title. Shows 188,000 on odometer but its no longer working. I just paid registration until October 2012. Please call 619-987-4576.
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Old 11-03-2011, 09:53 AM   #10
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I would seriously consider an E30 with a six cylinder for $2-3k, but a 318? I realize it's an iS, but sheesh... they're fun but not $2-3k fun.
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