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Re: Limited ed. or not, 4,996 units imported IS ra (archive)

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Posted by WH on December 03, 2001 at 22:19:15:

In Reply to: Limited ed. or not, 4,996 units imported IS rare.. posted by B. Wheaton on December 02, 2001 at 20:55:34:


People who have well cared for examples with extensive documentation can generally command their own asking prices and have a sale within weeks if not days with little or no public advertising. From an economics standpoint, this is first day stuff. The E30 M3 in good condition is in short supply, thus there is high demand. Demand and price level are directly proportional - as demand for the cars increases so do the asking prices. If I could do it here, I'd even graph the curves for you ;^)

Later.
~B

OK, what stats do you have on pristine examples selling for big $$?? Or that even pristine examples are in high demand? None, I expect. You're just speculating......

I've simply not seen the price of M3's going up. Most of my buyers guides list E30 M3's as holding steady...

Of the auction results I've seen posted on the web, most M3's sell between $7K-$14K. Not exactly BIG MONEY..... you can figure average asking price is around $10-11K.

WH


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