E36 M3 Prices and sales

[Jim E.]

Ignore this post for now.

[MParallel]

And let's not forget Seller's emotional value vs Economic value. The former is usually 10x the latter.

[Jim E.]

Well counselor. It depends on what the meaning of “is” is.

[Nate047]

I especially love the "To the best of my knowledge" answers. WTF is that.

My favorite ones are "is said to have been," as if there's some area in the depth of our collective unconscious minds where all these cars either have or have not been repainted but no one knows for certain

[Boston Green M3.4.5]

No this is what I want to hear Jim E.
I'm sick of hearing the "this is the cleanest example you'll find! Future classic! Investment!"
I'm here for the calling out of bullshit.

You hear this everywhere, though- with every collector car.

I apologize in advance to anyone who is a salesman, but all the collector car salesmen I've known do this. They settle on a lame call to action and don't follow through because most of the time, it doesn't matter. Their goal isn't the utmost honest and integrity, it's selling a car. Most don't know the difference between puffery and lying- and, frankly, the legal barrier between the two is higher than most buyers are willing to go. I've been in the industry for 16 years now and I've always tried to stay on the restoration side rather than the sales side because I tend to err on the side of talking too earnestly.

Cleanest example? If you have moving goalposts, anything is the cleanest example- my car's the cleanest (79,000-80,000 mile) Boston Green (over Modena) manual sedan (owned by me).

Future classic? As time passes, things get older. Once they reach a certain age, they're considered a classic by default. The best kind of correct is technically correct.

Investment- yeah, but at what rate of return?

We're ten years away from the E36 M3 being as old as air-cooled 911s were when the market started going stratospheric, but that market change was also influenced by a global recession. It was influenced by a resurgence of the importance of tactile cars in a collection, and it was influenced by people getting to the age where they no longer have their kids' college to pay for or where they were retiring. Both groups were influenced heavily by nostalgia- the younger peoples' parents had a 911 they remember fondly, and the older people had a 911 in college, before kids came along.

My car was going up for sale this summer but I drove it yesterday and I don't think I can sell it. One, because it brings me joy and I don't have a lot of that in my life right now, and two, because I would have to sell it on BaT, where dreams go to die.

[Westopher]

Would it make you feel better to talk about those pencil dick ticktockers who bought the silver and grey car for $25k and then found out it was salvage title after already signing for it?

Yes.

[Westopher]

No this is what I want to hear Jim E.
I'm sick of hearing the "this is the cleanest example you'll find! Future classic! Investment!"
I'm here for the calling out of bullshit.

[Jim E.]

Honestly I'd kinda rather not. This hobby sucks more by the week for everyone of these "record breaking" cars that sells.

Sorry Chris but I gotta say something. I'm not saying that a GT or whatever E36 M3 isn't worth $170k or well over that but it's as if condition doesn't matter. That car is in fair condition at best (I'm being nice here) and either missing or has incorrect GT items. Seller continued to misrepresent the facts and even when you correct him he still comes out with a cheesy video spouting out more falsehoods. I especially love the "To the best of my knowledge" answers. WTF is that. It's like he's in a deposition and his lawyer advised him that every answer has to start off with that disclaimer even though facts are handed to him on a platter. Brett and I pointed out a bunch of shit. And when Jon posts the issues with the paintwork and says the orange peel doesn't match his post gets flagged?

In this case BaT is complicit in allowing their routine sellers to misrepresent facts and deleting posts when someone's butt gets hurt and they rely on the fallback excuse that it got flagged because it was "not constructive." Seat belt plastic cover missing on B pillar, carbon missing on rear ashtray, weird ass "alarm" added to factory alarm and on and on. If I'm a betting man that tar undercoating is hiding something. 170? Interesting.

I'd say something even more cynical about this whole arrangement but I'll keep it to myself rather than post it publicly.

[/end of rant]

[Nate047]

Honestly I'd kinda rather not. This hobby sucks more by the week for everyone of these "record breaking" cars that sells.

Would it make you feel better to talk about those pencil dick ticktockers who bought the silver and grey car for $25k and then found out it was salvage title after already signing for it?

[jayson]

Not the best, not the worst. Just posting if someone on the east coast is looking.

https://www.facebook.com/marketplace/item/188852283874067/

[Westopher]

Honestly I'd kinda rather not. This hobby sucks more by the week for everyone of these "record breaking" cars that sells.

[Nate047]

Should we talk about the GT that just sold for $170k?

[Nate047]

Goodness gracious

https://bringatrailer.com/listing/1999-bmw-m3-182/

I'm biased but sand beige is so underrated. My interior has nearly 7 times as many miles on it, and does not look that much worse. I do want to get my front seats redone but I know it won't match, and I don't want to do the whole car cuz I'm cheap

[mrbeverlyhills]

And then there is this one only a mother could love; auto, lux, meh color:

https://bringatrailer.com/listing/1995-bmw-m3-coupe-2/

[BLCKSTRM]

Wow - $30k straight out of the gate!

The PTG car was the same - $211k on day one, hasn't moved since.