The mileage is high, but this 1995 BMW M3 looks clean in the photos. Hagerty says that a good one is now worth $15,200. What do we think about this one? The auction ends today (June 21) at 4:20 p.m.
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"chirps up to third gear. I always babied this car"
Uh huh.
My opinion is that one doesn't buy a sports coupe or the sportiest package/model to baby it. That's what the lower model/package is for.
Mr_Clutch42 wrote: My opinion is that one doesn't buy a sports coupe or the sportiest package/model to baby it. That's what the lower model/package is for. "chirp thru 3rd/always baby" not compatible.
I have beaten 4 E36 M3s into the ground, caged and raced them so I totally agree. But, one does not do a thing and say another in the very next sentence and garner any sort of credibility.
FWIW, an M3 with 192k and no mention of "all chassis bushings and bearings gone over at xxxx miles" is a car that needs a lot of work. I've ended up doing a total chassis refresh a number of times on these for myself and others... as well as a top end refresh, clutch etc. At 192k w/o documentation there is money that needs to be spent so despite Haggerty's healthy evaluation - paying premium dollars for a less than tip top E36 M3 is a bad gamble if you have to spend another $2.5-$5k (DIY) making it new. Rust free is the big bonus on this one - otherwise it's a run of the mill used M3.
I agree with Huckleberry---- I'd want to see when the R-Tabs, and all of the other bushings were replaced, when the clutch was done, and of course how long ago the cooling system was replaced. 190K isn't bad, considering the car is 22 years old, and these motors can live a long, long time, but I'd want more details.
The suspension was lowered at some point--- this can either be good, or very bad, depending on how it was done, and what products were used. I'd need more info. I prefer them at stock ride height for DD / occasional track use.
I also don't trust the seller. There is the chirps into 3rd / always babied thing, but also I smell B.S. when he claims it's always had Mobil 1, changed every 2,500 miles. Does he have records to prove this? Something about the seller makes me wary......I just don't trust him.
As much as I'd love to see E36 M3 prices rise, I see this as a $10K car----- if it's mechanically sound.
I was selling a minty 99 m3 last year with 150k miles, fresh suspension and cooling bits throughout. I would've loved to have gotten 10. I got 8.5 after 4 months on the market.
With close to 200k miles, that's a $7k car, at best. $15k is still a cream puff car, with around 100k miles and good maintenance.
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