BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > General M3 Forum (E90 + E92 + E93)
 
Post Reply
 
Thread Tools Search this Thread
      09-04-2013, 04:47 PM   #1
BavarianOnly
Enlisted Member
8
Rep
38
Posts

Drives: E90, E36 ///M3, E70 X5
Join Date: Jan 2012
Location: Indianana

iTrader: (0)

What do you guys think? E36 M3

I'm thinking about buying this as my daily and wanted to know what you guys thought of the price. I'm doing a long distance buy so it's sort of sight-unseen.

http://muskegon.craigslist.org/cto/4004325694.html
Appreciate 0
      09-04-2013, 04:51 PM   #2
THE TECH
BimmerPost Supporting Vendor
THE TECH's Avatar
307
Rep
13,093
Posts


Drives: BPMsport 2012 E92 M3
Join Date: Jun 2011
Location: Kansas

iTrader: (45)

Garage List
I'd never personally pursue a salvage titled car unless it was going to be a track only vehicle.
Appreciate 0
      09-04-2013, 05:54 PM   #3
SilentAttack
Lieutenant Colonel
SilentAttack's Avatar
163
Rep
1,790
Posts

Drives: 08 E90 Jerez Black 6MT
Join Date: Nov 2011
Location: Nashville, TN

iTrader: (0)

Eh salvage is the only eye opener here.
__________________
Stupid Photobucket
Appreciate 0
      09-04-2013, 06:03 PM   #4
FVM3
Major General
FVM3's Avatar
270
Rep
5,751
Posts

Drives: e92 m3, f30 328i
Join Date: Sep 2010
Location: Los Angeles

iTrader: (2)

only if you make it as a track car
Appreciate 0
      09-04-2013, 06:08 PM   #5
pkimM3r
Banned
pkimM3r's Avatar
205
Rep
7,298
Posts

Drives: m3 saloon in granny mode.
Join Date: Dec 2009
Location: lost angeles

iTrader: (0)

Seats look good though! Hey, if its only to be a DD beater, why not? Lower the price even more since its salvaged.
Appreciate 0
      09-04-2013, 08:32 PM   #6
HeartMD
Captain
HeartMD's Avatar
United_States
47
Rep
656
Posts

Drives: 2011.75 MW,ZCP E92
Join Date: Apr 2011
Location: CT

iTrader: (0)

Id stay away from that. Had a very bad experience with a salvaged 89 honda CRX about 15 years ago.... Sh!t Id run away if it were me.
__________________
2011.75 E92 MW/BB extended,ZCP,ZP2,ZCV, IPOD,BMW APPS, Heatedseats,6MT, Edition Black Chrome Grills & Side Gills, CF splitters, CF performance spoiler, CF mirror caps, Turner black anodized pedals, Akropovic Evolution exhaust w/CF tips, Still Undecided on tune, AFE Pro5r, AFE intake scoops, LUX H8
2009 E92 JB/Black 335 xdrive (retired)
Appreciate 0
      09-05-2013, 07:29 AM   #7
BavarianOnly
Enlisted Member
8
Rep
38
Posts

Drives: E90, E36 ///M3, E70 X5
Join Date: Jan 2012
Location: Indianana

iTrader: (0)

Quote:
Originally Posted by pkim1079
Seats look good though! Hey, if its only to be a DD beater, why not? Lower the price even more since its salvaged.
I thought even with the salvage title for the mileage he priced it pretty well. I went in for 7 and a quarter, wish I had gone lower.

Do you think at that rate I could make (at least most) my money back from it in 10 months or so?
Appreciate 0
      09-05-2013, 07:45 AM   #8
JS11
Private First Class
19
Rep
192
Posts

Drives: '08 E92 M3
Join Date: Apr 2007
Location: Cambridge, MA

iTrader: (3)

i did some searching and found this:

http://north-shore-autosport.ebizaut...-10619264.html

it's a 95 but it's the cleanest one i've found under $10k
im not affiliated in any way with that shop btw. it was just the cleanest example i found
Appreciate 0
      09-05-2013, 07:51 AM   #9
BavarianOnly
Enlisted Member
8
Rep
38
Posts

Drives: E90, E36 ///M3, E70 X5
Join Date: Jan 2012
Location: Indianana

iTrader: (0)

Quote:
Originally Posted by HeartMD
Id stay away from that. Had a very bad experience with a salvaged 89 honda CRX about 15 years ago.... Sh!t Id run away if it were me.
I know, I know, the salvaged title kinda blows but I'm looking at keeping it for only a year then flipping it.
I asked to run me through mechanical problems since the accident and he said just an evaporative code.
He's driving down from Michigan for me to see the car so I feel like he has more reason to be honest if that makes sense.
Appreciate 0
      09-05-2013, 07:57 PM   #10
BavarianOnly
Enlisted Member
8
Rep
38
Posts

Drives: E90, E36 ///M3, E70 X5
Join Date: Jan 2012
Location: Indianana

iTrader: (0)

The guy is driving it down on Saturday and getting it inspected for me at his dealership up in Michigan and bringing the paper work down. He's sworn up and down there is no frame damage and no mechanical flaws. Should I trust this?
Appreciate 0
      09-05-2013, 08:43 PM   #11
pbonsalb
Lieutenant General
5179
Rep
10,557
Posts

Drives: 18 F90 M5, 99 E36 M3 Turbo
Join Date: Feb 2011
Location: New England

iTrader: (4)

I would buy it only if I was keeping it because I knew it was good and it was cheap and I was not worried about resale value. Salvage title may affect resale value also, which affects your flip plans.
Appreciate 0
      09-05-2013, 08:48 PM   #12
BavarianOnly
Enlisted Member
8
Rep
38
Posts

Drives: E90, E36 ///M3, E70 X5
Join Date: Jan 2012
Location: Indianana

iTrader: (0)

Quote:
Originally Posted by pbonsalb View Post
I would buy it only if I was keeping it because I knew it was good and it was cheap and I was not worried about resale value. Salvage title may affect resale value also, which affects your flip plans.
I want to think he wouldn't drive it 300 miles and pay for an inspection and tell me all this stuff if it was lie because he knows I could just say, it's not as nice as you told me, and send him on his way. He's been pretty up front.

I want to keep it for roughly a year or a little more, I'm probably buying for around $7,250, so I feel like I might not get that back out of it.
Appreciate 0
      09-05-2013, 10:40 PM   #13
Cool Steel
Banned
10
Rep
358
Posts

Drives: M3 E92 ZCP DCT
Join Date: Apr 2013
Location: A galaxy far..far..away

iTrader: (0)

Quote:
Originally Posted by Lute View Post
I love the e36 M3. Just not this one.
I never agree with this guy ^ but I do today.

Salvage? 1997, 70k miles (miles are not high from a relative stand point 1997 but are high from absolute stand point ).... the cost will not stop after you buy it.

Walk, no run away...
Appreciate 0
      09-06-2013, 06:10 AM   #14
CSBM5
Brigadier General
CSBM5's Avatar
2696
Rep
3,315
Posts

Drives: 2019 M2 Comp, 2011 M3, etc
Join Date: Nov 2005
Location: Greenville, SC

iTrader: (2)

Agree with others and emphasize that your market size for resell will be reduced by 80-90% as the vast majority of people will not even look at a salvage title car (hence the reason there is so much effort made by some to wash their title like this guy hints at in his ad). Also, you may have issues insuring the car depending on the company.

Run. Away. This salvage title M3 is WAY overpriced and cannot be compared to non-wrecked, clean title cars.

There are plenty of nice E36s around with clean titles -- be patient. Example: 4 months ago a pristine, garaged since new, original owner 98 M3 sedan with 115k miles showed up on craigslist locally for $8000.

If you want to flip it in a year, spend up and buy a quality car that will have buyers lined up to take off your hands in a year instead of a tainted, wrecked salvage title car that will have very few potential buyers.
__________________
Current Stable:
2024 G20 M340i Melbourne Red/Cognac
2019 F87 M2 Competition 6MT, LBB, slicktop, exec pkg
2007 E91 328i Silver, slushbox, Eibach fr/E93 M3 rear sway bars, ARC-8
Appreciate 0
      09-06-2013, 06:22 AM   #15
Kong Sheng Han
Banned
North Korea
303
Rep
1,140
Posts

Drives: Something something racecar
Join Date: Feb 2013
Location: Austin, Texas

iTrader: (2)

Garage List
2011 BMW 328i  [0.00]
2001 BMW M3  [0.00]
I'm not sure about 10 months, but you actually might be able to make money off an E46M if you buy one now and sell it maybe 2-4 months later.
Appreciate 0
      09-06-2013, 08:04 AM   #16
BavarianOnly
Enlisted Member
8
Rep
38
Posts

Drives: E90, E36 ///M3, E70 X5
Join Date: Jan 2012
Location: Indianana

iTrader: (0)

Thanks for the advice guys. I want to listen but I don't at the same time. I guess every circumstance is different and my family has had a salvage before with no problems whatsoever so I'm a little unbiased towards them.
Mostly worried about getting rid of it in a year without losing my pride and thousands.
Appreciate 0
      09-06-2013, 10:25 AM   #17
ES_TRADER
Colonel
343
Rep
2,928
Posts

Drives: 328i, 335i, M3, 535i, X5, 36M
Join Date: Oct 2010
Location: OC

iTrader: (3)

Garage List
2014 Ford Raptor  [0.00]
2012 328i E92  [10.00]
2013 X5  [0.00]
2013 335i F30  [8.00]
1990 Toyota Previa  [0.00]
1997 E36 M3  [10.00]
2011 E92 M3  [0.00]
2011 535i  [0.00]
salvage cars in socal are going for around 5 grand and even then no one buys...if you are comfortable with selling it for 5 grand in a year...worst case scenario imo, then go for it. if u want to make money on it or get even money, i wouldnt buy it salvage..keep lookin, tons avail
Appreciate 0
      09-06-2013, 10:53 AM   #18
jaehshim
Major
jaehshim's Avatar
United_States
489
Rep
1,374
Posts

Drives: E90
Join Date: Dec 2008
Location: NE

iTrader: (3)

no wonder the price is so low for the mileage
I am pretty aware of the pricing of E36 as I am also looking for a E36 daily driver.
Yea...stay away from salvage...
__________________
Appreciate 0
Post Reply

Bookmarks

Tags
e36

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 02:11 AM.




m3post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST