View Full Version : Feeler: 95 M3 with upgrades
code7rpd
10-08-2004, 12:13 AM
I am thinking about selling my M3 but don't know what it is worth. It has a little over 99,000 miles and is Boston green with two tone black and tan interior. The interior is in pretty good shape except the front seat bolsters are worn (pass side not bad but drivers side is). It has a luxury package and the exterior is in pretty good condition - no accidents but there are a few scratches.Here are a list of options ao let me know what you think.
Schrick cams, 24 lb injectors, euro HFM, TurnerMotorSports air intake and a JC chip
UUC exhaust
UUC short shift with Hamann knob
18" Hamann HM2's with 255/35/18's Yokohama AVS on the rear and 235/40/18's on the front (Khumo's)
FK Adjustable Coilovers
RD Front strut brace
Angeleyes/eliipsoids (ZKW's) with HID's
Zimmerman X-drilled rotors all the way around with Porterfield Pads (Done less than 15K ago)
Tinited all the way around
Clear sidemarkers, front turn signals, and rear lights
Samco coolant hoses, Mobil 1 synthentic (0-40W) since I owned it as of 68K and changed every 3500-4000 miles. Meticulously maintained
The suspension is less than 3000 miles old.
I'll post pics when I get the chance.
Any ideas on what I should ask for the car?
euroautowerks
10-08-2004, 12:55 AM
1995 with 100K... I would start at $15K and be flexible to around $13,500
The lux is a bad thing, and depending on who comes to see the car they might not appreciate the mods.... Were it my car I would part out the hamanns, lighting, etc. and sell it stock for $13,500 with $2K in parts.
E36M3wantedinNY
10-08-2004, 01:28 AM
1995 with 100K... I would start at $15K and be flexible to around $13,500
The lux is a bad thing, and depending on who comes to see the car they might not appreciate the mods.... Were it my car I would part out the hamanns, lighting, etc. and sell it stock for $13,500 with $2K in parts.
i agree, pull the parts -- pull ALL the parts, and sell the car. but try selling it as is first, and if a buyer comes by, break out the receipts -- and try the following equation -- it's becoming pretty standard for selling a used modded car:
1) book value of your car BONE STOCK in whatever condition it's in
PLUS
2) 50% of mods added in the last year (parts alone, no install costs)
3) 25% of mods added in the past 3 years, but more than 1 year old
Now your arguement to the potential buyer is very plain, and on paper. The buyer gets a great deal, only paying 50% of what the mods cost you, that are less than 1 year old (which means they're almost new mods)... AND they're saving on the install cost.
Mods that are over 3 years old are generally not applicable, unless they're wheels, or a widebody. Lights tend to look worn, as well as everything else. it's tough for a 3 year+ old modification to still look newish. That's why they aren't even counted, and this shows the buyer that you have a good head on your shoulders, and aren't adding for shit they don't feel is worth adding.
Try that, and even try explaining your method of coming to your advertised sale price in the ad itself.
if you sell the car as-is, it'll save you the headache and cost of taking mods off to replace them with stock parts.
However, you will make the most money by doing just that, demodding your car and selling it bone stock in good condition.
Also, try to find all service receipts, and create an outline summary of what was done, with the date and mileage on the left, and what service or work was done on the right.
This will show the buyer in a quick summary that the car was actually taken care of, and this is an extremely important issue for someone who is buying a ten year old bmw.
This comes from being on the buyer side of the fence recently. i just bought a beat up 95' cosmos/black m3 for $8,500. I estimated that it had been in 3 accidents since new, and due to the wear and tear, as well as poor bodyshop monkey work (misaligned doors, window issues, etc) I got the price from $12,500 to $8,500. Don't put yourself in that position as a seller. Show the potential buyer that the car is worth what you're asking in a quick summary. By the way, I was right on the money. I told the seller is would cost at least $1,500 in parts alone, and approx $2,500 in labor to get the car in good condition, and that's why i could only offer him $4k less than his asking price. I was right, it's cost me very close to $1,500 in parts -- course, that's without counting mods, to get the car in good shape. And I can't even begine to tell you how much time it took me.
A good condition car is worth it, if you can prove that it's truly in the condition you say it is, and that it's been taken care of. A well modded car CAN be sold as-is, if you can justify your asking price fairly to the potential buyer. good luck.
euroautowerks
10-08-2004, 02:17 AM
Essentially it comes down to this:
Your car, with the year and the mileage, is worth around $14K - if you want to sell it without too much stress bargain down from $15K to $13,500
Modifications DO NOT add value to a car, they add incentive. If you have the stock parts swap them out and you will still sell the car for $13,500
$13,500 + $1K (hamanns) + $500 (headlights) + $400 (exhaust) + strut brace ($150) + clears ($150) = $15,700
I would leave the performance mods alone as they would take too much effort to pull, they would be hard to move, and if you get a buyer test driving several of these cars get into your's you will blow him away. Stress the fact that these are tested & reliable parts and mention their cost, tell him they come from established companies that know what they are doing, and you can probably get away with using this when he bargains with you later on.
E36M3wantedinNY
10-08-2004, 02:55 AM
Essentially it comes down to this:
Your car, with the year and the mileage, is worth around $14K - if you want to sell it without too much stress bargain down from $15K to $13,500
Modifications DO NOT add value to a car, they add incentive. If you have the stock parts swap them out and you will still sell the car for $13,500
$13,500 + $1K (hamanns) + $500 (headlights) + $400 (exhaust) + strut brace ($150) + clears ($150) = $15,700
I would leave the performance mods alone as they would take too much effort to pull, they would be hard to move, and if you get a buyer test driving several of these cars get into your's you will blow him away. Stress the fact that these are tested & reliable parts and mention their cost, tell him they come from established companies that know what they are doing, and you can probably get away with using this when he bargains with you later on.
i've seen modded cars go for good money. simply put, the car is worth what is sells for. period. years ago, it may have been more difficult to find a buyer who would pay extra for a nicely modified car. I believe there is an increasing percentage of buyers who not only do not mind a modified car, but are specifically looking for a modified car in order to reduce how much they would spend by purchasing a stock car & then paying full price + install costs. I think it's worth attemping to sell the car as-is if you don't want the hassle of demodding it. Although, if you have all the stock parts lying around, the hassle isn't as great. just my 2 cents.
code7rpd
10-08-2004, 06:14 PM
I appreciate the advice - I won't plan on getting much for the mods but try to use them as incentive to sell the car. I think it will be more trouble t take everything off, put it to stock, and then try to sell parts. Thanks!
T-Rex
10-08-2004, 06:34 PM
picutres of the car would be great!
can i get some pics? alexxed9@hotmail.com :buttrock
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