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Question on value of '87 (Euro) M3 (archive)

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Posted by Dave on May 08, 2000 at 11:25:18:

Hey folks -

Would appreciate any input on the value (I know that's a tough question, but just ballparks are fine) of the following:

'87 M3 Euro, federalized and off the smog inspection books in VA. About 97K, just got new paint (no body damage, just wanted it to look better & I'm sure of this b/c I know the current owner). Owner is thinking around $9.5K.

This seems low to me, simply because anyone into racing I think would kill for a car that does not need to be smogged. And it was my understanding similar U.S.-spec cars are running around $12K+ right now.

Thanks!

-Dave
ex '76 2002
ex 74 3.0s
now MB 300D turbo
BMW 2002 House of Worship


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