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It will go back on smog books when reregistered.. (archive)

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Posted by RacerX on May 08, 2000 at 20:35:09:

In Reply to: Question on value of '87 (Euro) M3 posted by Dave on May 08, 2000 at 11:25:18:

The next owner will most likely have to pass a smog test, so that adds no value. The repaint also detracts from the value if someone wanted to "collect" the Euro M3. Now the CR tranny is worth a few extra bucks. 9.5K is probably about right, although you are correct that people are asking obscene amounts of money for M3's right now. He could probably ask for more and get it.

: 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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