Glass's guide with 45-50k on the clock is showing just under £12k trade value for excellent condition.
The free valuation using the telegraph site doesn't show the retail prices
Auctionview doesn't have enough sales to show prices for ones this age.
Autotrader shows a 97R with 57k for 14k retail (trade).
Somewhere in the middle lies a value.....
Jonathan
|
Seems like theres you answer Carmad!
I have to say that having had a good look at M3 Values recently i would have thought that £15k seems to be a private R Reg sale price of late.
Just out of interest can you give us a run down of what its like to drive an own an E36 M3? I'd be really grateful.
|
Hi,
Sorry - i thought i said the car has done 77k miles. Oops. Oh well, never mind.
The car has been great since purchasing it nearly 2 years ago. It has had excellent reliability, however, being over £40k new, it has been expensive to own. The servicing is the big expense - especially if you use BMW. North Oxford Garage do a brilliant job with their servicing, however, at a price! Tyres are also expensive to buy but they dont need replacing that often if your careful behind the wheel. Fuel consumption is pretty good though for a 321bhp sports car. My dad doesnt treat the car like a Fiat Panda, however, doesnt go totally mad. He manages to return somewhere between 27-33mpg on average per tank which is BETTER than our Vectra 2.5 V6.
With regard to driving the car, I cant really comment much - although I have briefly tried it on an air field. The visibility is great like any 3 series Coupe, even though you are low slung in the seat. The controls are excellent from an ergonomical point of view. Everything is in easy reach of the driver - it is a bit of a 'driver orientated' dash and is a bit sparten for the passenger. However, thats BMW's focus ultimately!
Even when the car is in gear with the clutch down you can feel the power of the engine wanting to pull you away! with 321bhp its one of the most lively engines bmw produced so it stands to reason i guess! The beauty of the M3 is that most of the electronics have been taken out of it - i.e. any fancy traction control, stability programs, etc.. - it is a raw rear wheel drive coupe, with just the essentials - ABS, EBD and PAS.
Many people like to compare it to the old E30 M3's and some dont regard it as a 'proper' M3. My reaction to this is b******s :D - it is, definitely a totally different car to the E30, rightly or wrongly so. It is more of a grand tourer than an out and out sports car and that is EXACTLY why we brought it. When you look at the alternatives, many appear to be a bit sparten inside and over the top in styling compared to the M3.
For us it was ideal - It has all the refinements that Mum likes with all the power that Dad requires - mixed with more sedate styling than an Impreza or Evo. The perfect family car! yet incorporating the M divisions sporting heritage for respect by boy racers.
We would definitely buy another if faced with the same situation - and we are thinking of keeping the M3 plate just in case we every go for an E46 M3.
So if your thinking about purchasing one, go for it - trust me - it will be the best £15k you will ever spend.
|
Does the E36 M3 have an LSD?
|
|
|
Glass's retail price is not really relevant in this situation- he wants to know what he should hope to sell it for. Glass's guide states its retail estimates are sticker prices, not even what a top dealer should hope to sell the car for. If you are trying to sell privately lots of the retail prices quoted are laughable.
I reckon its worth 11250-11500, though you might get near 12k if you are lucky, and live in the right area.
|
|
|