Modified E46 M3 on BaT - current bid $52k, w/ 5 days to go!

"davesaddiction @ opposite-lock.com" (davesaddiction) 07/17/2019 at 11:37 • Filed to: None

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farscythe - makin da cawfee! > davesaddiction @ opposite-lock.com 07/17/2019 at 11:41

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52 grand?

Car people are nuts

Discerning > davesaddiction @ opposite-lock.com 07/17/2019 at 11:45

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Low miles, completely sorted and reliability mods made, popular color and options.

Hmmm. Still doesn’t equate to over 50k to me. That’s a lot of money for an old M3.

Crack pipe buyers

davesaddiction @ opposite-lock.com > farscythe - makin da cawfee! 07/17/2019 at 11:47

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Insane!

Yes, we are.

But bear with me.. . Looking at the miles, you could argue that you’re basically buying a car with 2 years of light use. Assume an original sale price of $55k. Convert those to 2019 dollars and that’s around $77k. Throw in the cost of the (very nice) modifications, and maybe it’s a good price after all?

Will be interesting to see if it will go up any more.

davesaddiction @ opposite-lock.com > Discerning 07/17/2019 at 11:48

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The heart wants what the heart wants. 

E90M3 > Discerning 07/17/2019 at 11:48

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It’s “I wanted that car 10 years ago and didn’t have the money” buyers. We’ve seen it with muscle  cars, now we’re going to see it with imports. 

Dr. Zoidberg - RIP Oppo > davesaddiction @ opposite-lock.com 07/17/2019 at 11:49

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Nostalgia for the recent past is one hell of a drug

Supreme Chancellor and Glorious Leader SaveTheIntegras > davesaddiction @ opposite-lock.com 07/17/2019 at 11:49

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That seems to be quickly approaching CP

NYankee1927 > davesaddiction @ opposite-lock.com 07/17/2019 at 11:50

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“Fitted with OEM CSL components” except it is missing the whole interior and the carbon intake, which is what made the CSL great. Totally crackpipe for that money.

If it was a full converted CSL clone, I could see $50k+. But this is just a low mile modded vehicle. I actually think the mods hurt in this case, but hey someone out there has money. 

farscythe - makin da cawfee! > davesaddiction @ opposite-lock.com 07/17/2019 at 11:52

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Nah...it’s a cp

But damn near anything with an m badge goes for silly money so clearly people are willing to pay that much

Dont make it not crazy tho

davesaddiction @ opposite-lock.com > Supreme Chancellor and Glorious Leader SaveTheIntegras 07/17/2019 at 11:54

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It’s there. 

davesaddiction @ opposite-lock.com > NYankee1927 07/17/2019 at 11:55

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At least 2 people. 

fintail > davesaddiction @ opposite-lock.com 07/17/2019 at 11:55

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2003, t he golden age of the automobile, such nostalgia

davesaddiction @ opposite-lock.com > farscythe - makin da cawfee! 07/17/2019 at 11:57

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Yeah, it is.

So, at what point will my 125k mile, rock-chipped, worn interior ‘08 E90 M3 stop depreciating? =) I’m not going to stop driving it, that’s for sure! 

Where have all the lightweights gone? > davesaddiction @ opposite-lock.com 07/17/2019 at 11:59

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That’s definitely the best color for this car, and I think it’s been tastefully modded.

Despite these things, $52k is a total CP price.

just-a-scratch > davesaddiction @ opposite-lock.com 07/17/2019 at 12:04

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CRACK PIPE! That's more than twice the price of a really mint example. 

davesaddiction @ opposite-lock.com > Where have all the lightweights gone? 07/17/2019 at 12:04

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Yup. That said, I look forward to the day when I can overpay for a thing that I really, really just want to have.

farscythe - makin da cawfee! > davesaddiction @ opposite-lock.com 07/17/2019 at 12:07

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Keep it running for long enough it’ll probably get worth more eventually

Im not sure if that will ever weigh up against the cost of running it that long tho lol

Jason Spears > davesaddiction @ opposite-lock.com 07/17/2019 at 12:11

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Even has a recent oil change, literally ready to get in and drive. What are the odds someone is actually paying over $50k to do that instead of garage it and wait to flip it again?

Tripper > davesaddiction @ opposite-lock.com 07/17/2019 at 12:11

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I just looked a the thumbnail of this, no need to torture myself.

Discerning > E90M3 07/17/2019 at 12:14

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I get it, but I've recently seem dealers offering similar cars for less money. This one seems unusually high to me

E90M3 > Discerning 07/17/2019 at 12:21

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Not sure, it might be case of not searching but when presented with one, they jump at it. 

Discerning > Discerning 07/17/2019 at 12:24

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It must be the low miles. There are a bunch that recently sold on BAT for 30k ish with around 50k miles.

After buying a 2003 Z06 5 years ago that had similarly low miles, I'll stick to the cars that were at least driven occasionally

Discerning > E90M3 07/17/2019 at 12:24

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It must be the low miles. There are a bunch that recently sold on BAT for 30k ish with around 50k miles.

After buying a 2003 Z06 5 years ago that had similarly low miles, I’ll stick to the cars that were at least driven occasionally

E90M3 > Discerning 07/17/2019 at 12:28

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I think it’s the color and the miles. There was another LSB that went for just over 50k.  

Discerning > E90M3 07/17/2019 at 12:30

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That’s nuts, but seems to check out.

E90M3 > Discerning 07/17/2019 at 12:31

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Nuts, but money + desire = what we’re seeing. 

Textured Soy Protein > davesaddiction @ opposite-lock.com 07/17/2019 at 12:51

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A friend was just commenting to me that E46 M3 prices were going up but this is silly.

I’d rather have my S54 in a Z4 M Roadster anyway. 

davesaddiction @ opposite-lock.com > Textured Soy Protein 07/17/2019 at 14:06

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Yum.

davesaddiction @ opposite-lock.com > farscythe - makin da cawfee! 07/17/2019 at 14:08

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Well, I didn’t buy it to sell it! 

davesaddiction @ opposite-lock.com > Jason Spears 07/17/2019 at 14:09

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No way this is a flip. And it’s not a collector piece either. Buyer is going to drive this.

davesaddiction @ opposite-lock.com > Tripper 07/17/2019 at 14:10

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Ha - y ou already have your E46!

LongbowMkII > davesaddiction @ opposite-lock.com 07/17/2019 at 16:37

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The only modern  BMW worth that much is a Z8

davesaddiction @ opposite-lock.com > LongbowMkII 07/17/2019 at 16:53

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Z1? 30 years old already. Is the M1 not modern? It’s as old as me, so I guess not...

Where do you draw the line on a car being “modern”? The E46 platform is over 20 years old now .

LongbowMkII > davesaddiction @ opposite-lock.com 07/17/2019 at 16:56

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~1990 give or take. 

davesaddiction @ opposite-lock.com > LongbowMkII 07/17/2019 at 17:00

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It really is a damn shame. For years and years, BMW had about 6 product lines each decade , and they were all desirable. Now, they have this mess, and they sell just like one car I’d care to own (M2 Competition).

davesaddiction @ opposite-lock.com > LongbowMkII 07/17/2019 at 17:03

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Does that line move along with time?

Most states peg “ classic” at 15 years and “ antique” at 25. Might have to move those goalposts, as cars are lasting longer and longer these days. 

superdave847 > davesaddiction @ opposite-lock.com 07/17/2019 at 23:17

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Get used to seeing this for the clean manual coupes .

I like to think the rare sunroof delete and the miles are the reason in this case, but I am afraid these are about to disappear .

superdave847 > davesaddiction @ opposite-lock.com 07/17/2019 at 23:55

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I keep coming back to this price and find it unnerving. I’m in the market for a sports car and basically am down to choosing between the E46, E92, or 997.1 as a manual coupe.

I’m heavily leaning toward the 997, because I think its the coolest of these three, but the idea of never being able to afford an E46 again scares me.

davesaddiction @ opposite-lock.com > superdave847 07/18/2019 at 08:47

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You’ll always be able to afford a high-mileage, well-kept example with some cosmetic imperfections. But yeah, if you’re looking for a low-mile, pristine, OEM or OEM+, prices are only going up.

Have you driven all three? 

davesaddiction @ opposite-lock.com > superdave847 07/18/2019 at 08:49

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Miles + condition + color + great modifications + 2+ people who really want it. 

What’s interesting to me is that this is not a collector car, because it’s not all original. Whoever buys this is going to drive it! 

davesaddiction @ opposite-lock.com > superdave847 07/18/2019 at 08:52

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The 2nd highest bidder on this car also bought this:

https://bringatrailer.com/listing/2005-bmw-m3-coupe-18/

BeaterGT > davesaddiction @ opposite-lock.com 07/18/2019 at 11:10

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Makes me wonder if the M2 is a future classic.  It’s the only BMW I’ve really considered outside the E9X M3.

davesaddiction @ opposite-lock.com > BeaterGT 07/18/2019 at 11:41

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The M2 is really good, but it’s not really that different than the current (or future) M3/4, except in terms of size.

The E9x M3 is the last naturally aspirated M3, and the last with a hydraulic rack.

If you’re looking for a future classic, pick up a nice one now!