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Saw that one in Roundel too... (archive)

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Posted by Josh C on November 29, 1999 at 14:37:23:

In Reply to: Almost new E30 M3 posted by Hootan Mahallati on November 24, 1999 at 19:32:21:

Hootan:
If you look in the same issue of Roundel, there is an 88 M3 with 18K on the clock for sale in SoCal at the hefty price tag of "$25,000 firm"
And they guy is likely going to get that for the car. I saw the car you did as well, and apparently it was the "last M3" donated to the Lime Rock Park racetrack. You definitely need to see if it sat around in the sun/cold etc. for it's interior could be severely faded from the sun and other components could have been hurt by the cold Connecticut winters. This guy is not going to take less than $20K for the car, I will guarantee you of that. He probably wants in the mid-20's as his "reasonable" offer, otherwise he is in E36 territory. Keep in mind that these are still high-demand autos as only 12,000 were made worldwide, 5,000 of which saw US shores. Of these 5,000, I'd guess 3,500 are still in decent running shape, which is a lose definition at best. Many of these cars have become racers/track vehicles or were even totaled. Others have been modified like crazy which is indiicative of the car being driven somewhat hard. So you are definitely in competition with other enthusiasts who want to purchase such a seemingly "golden" car, and the seller knows this. Just watch your back and good luck.
Josh


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