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Thread: $7500 for a 328is??? Need help!

  1. #1
    Join Date
    Apr 2018
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    1997 E36 328is

    $7500 for a 328is??? Need help!

    I'm going to look at a 1996 328is on Saturday. It is a 5 speed manual with 92,000 original miles! The owner owns a BMW shop and it has been very well maintained its whole life. He is pricing it at $7500. I just want to hear some peoples opinions. Is this a fair price? Should I ask to go lower? Is it overpriced?

  2. #2
    Join Date
    Dec 2016
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    North New Jersey
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    1989 325is, 1995 M3
    I wouldn't pay $7500 for a regular 3 series e36 unless it had an LS motor in it. But of course, that's my opinion.

    I paid substantially less than that for my E36 M3, but granted it was not in perfect condition and had twice the mileage.

  3. #3
    Join Date
    Aug 2016
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    Western Pennsylvania
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    1998 BMW 323is
    Wayyy overpriced. Kelley Blue Book is probably less than half of that. $7500 is M3 money.

  4. #4
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    Calgary, AB, Canada
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    93 325is, 98 Nissan Maxima
    he's trippin'

  5. #5
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    Quote Originally Posted by OldBavarian View Post
    $7500 is M3 money.
    Quote For truth

  6. #6
    Join Date
    Apr 2016
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    Irvine, CA
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    664
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    99 328is, 03 X5
    A stock, common as cat shit, first year 328is, for over $7k.... and you are actually interested in it? I could see 4500 being top dollar for a pristine low mile 328is....

    I paid 6k+ less for a '99 328is w/ 50k more miles, and every service record since day 1.

  7. #7
    Join Date
    Dec 2017
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    Houston
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    01 M5, 02 330ci, 03 M3
    Most I'd pay is 3k if the thing is immaculate inside and out. With the mileage even 3k is a bit much...

  8. #8
    Join Date
    Nov 2008
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    Indiana
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    97' 328is, 07' Titan
    And yet I was offered 5k for mine when it had 190k miles and is clean but needs painted at some point due to age. If it is inspected and doesn't need anything then it wouldn't be so bad. Most people on here buy them needing 3-5k in work and say "that's way overpriced" for one that doesn't need much work.
    1997 328is - Megasquirt PNP, Holset HX35, Deka 80lb injectors, SPA T3, Precision PW39 WG, Synapse Synchronic BOV, DKM Organic Twin Disc Clutch, Innovate LC-2 W/B, Mishimoto Intercooler, Mishimoto Catch Can, Mishimoto Rad, Devils Own Meth, Porsche 911 calipers with E46 M3 rotors, Corsa Exhaust

  9. #9
    Join Date
    Apr 2017
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    95 540i,98 328i, 93 325i
    The car is worth what someone will pay for it. It will probably go for around 5k if not more. Also it completely depends on where you are in the U.S. I'm in New England and people will pay top dollar for any e36 that isn't rotted out. I drove 5 hours one way to pick up my '99 328is and still overpaid a bit. A dealer in the Boston area had a '98 328is with 49k original miles listed for 10k and it was gone in a couple weeks. I emailed them and offered $7500 and they basically told me to pound sand lol.

    1998 318i m52 swap 3.38 lsd, 1995 540i/6 speed (SOLD), 1993 325i, 1999 328is m-sport, 1996 328i GT35

  10. #10
    Join Date
    Dec 2014
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    Alexandria, Va
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    1996 328is, 2003 325ci
    Sounds like a lot to me, but I'm not you. If it's really as nice as you say it is and you like it then it's up to you and your wallet

  11. #11
    Join Date
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    Quote Originally Posted by AlexLovtsov View Post
    I'm going to look at a 1996 328is on Saturday. It is a 5 speed manual with 92,000 original miles! The owner owns a BMW shop and it has been very well maintained its whole life. He is pricing it at $7500. I just want to hear some peoples opinions. Is this a fair price? Should I ask to go lower? Is it overpriced?
    Hopefully he's looking for offers and $7,500 is just his starting point knowing that there will be some price negotiations.

  12. #12
    Join Date
    Nov 2011
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    Bonney Lake, WA
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    282
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    1998 328I Sedan
    If the car is as stated, overly maintained and not needing of anything; I can see 7500 being a ok not great price. For the people that are purists and want the best condition you can find these are the prices that are out there. Especially since super clean e36 are getting harder and harder to find.
    Mike
    1999 750 IL (SOLD)
    1990 750 IL (SOLD)
    1989 325IC (SOLD)
    1995 540I (SOLD)
    1999 323 (SOLD)
    1998 328I 195,000 miles and counting
    2017 Ford Expedition Platinum
    2016 Lexus RX350 F-Sport

  13. #13
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    Avus Cosmos Calypso!
    Quote Originally Posted by Beer+Oversteer View Post
    I emailed them and offered $7500 and they basically told me to pound sand lol.
    Exact words? Lol...

    Clean e36s are increasingly hard to find. $7500 is top dollar. A few years ago top dollar would have been $4-5k for non-Ms. Your decision also depends on how far you are willing to travel outside your area if you can't find other examples in your 'hood. Also depends if you can do your own repairs.

  14. #14
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    95 540i,98 328i, 93 325i
    Quote Originally Posted by scooper View Post
    Exact words? Lol...

    Clean e36s are increasingly hard to find. $7500 is top dollar. A few years ago top dollar would have been $4-5k for non-Ms. Your decision also depends on how far you are willing to travel outside your area if you can't find other examples in your 'hood. Also depends if you can do your own repairs.
    It went along the lines of "Car price is firm, good luck on your search" no negotiation. They seemed pretty unmotivated to sell it.
    I guess they proved me wrong because it was gone a week later. Maybe an insider deal? I have pictures actually of the listing i'll have to dig and find them.

    Here is the state of e36 prices summed up in 1 post if you need a good chuckle https://hartford.craigslist.org/cto/...549923512.html
    Last edited by Beer+Oversteer; 04-21-2018 at 04:38 PM.

    1998 318i m52 swap 3.38 lsd, 1995 540i/6 speed (SOLD), 1993 325i, 1999 328is m-sport, 1996 328i GT35

  15. #15
    Join Date
    Nov 2017
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    Adairsville GA
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    1994 BMW 325is
    I wouldn't sell my 325is for 5k, and it isn't perfect. People who want these cars in clean condition will pay for them. I was offered a 2008 E90 in near perfect condition on trade and turned it down.

    If anyone is hoping to find a pristine sub 100k E36 coupe for $3000, it's not going to happen. You can buy a decent running and working one for $2000 on a good day and spend 3-4k making it pretty nice, barring expensive items like new paint.

    I wouldn't personally pay it, but it is all about what you want and what you are willing to pay. You could buy the car and find that it still needed work, in fact that would most likely happen.
    Last edited by Deus Ex Machina; 04-21-2018 at 06:12 PM.

  16. #16
    Join Date
    Feb 2018
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    portland maine
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    1996 bmw 328ic
    I just bought a 1996 328 convertible with 70k, 2 owner for $4000. It is a very clean car. I only had to replace brake light circuit and blower resistor.

  17. #17
    Join Date
    Apr 2018
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    1997 E36 328is
    https://portland.craigslist.org/mlt/...551951603.html
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^
    If anyone was wondering here's the actual ad. I ended up not getting the car.

  18. #18
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    Quote Originally Posted by OldBavarian View Post
    Wayyy overpriced. Kelley Blue Book is probably less than half of that. $7500 is M3 money.
    Link an ad to an M3 with similar miles in the same condition w/ similar ownership history lol
    CBlock


  19. #19
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    2003 E46 M3 / E30 Vert
    A bit more miles than car originally posted. But pretty clean example for under 7k

    https://sandiego.craigslist.org/nsd/...557140943.html

    Geography plays a big part in e36 value right now.

  20. #20
    Join Date
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    1997 E36 328is
    Wow wish i could go that far for one too bad its gotta be somewhat local.
    Quote Originally Posted by Thrifty S50 View Post
    A bit more miles than car originally posted. But pretty clean example for under 7k

    https://sandiego.craigslist.org/nsd/...557140943.html

    Geography plays a big part in e36 value right now.

  21. #21
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    Quote Originally Posted by AlexLovtsov View Post
    Wow wish i could go that far for one too bad its gotta be somewhat local.
    Its a quick flight down to California from where you are located. Fly down and drive it home, its a great way to acquaint yourself with the car. Today, to find the right e36 its likely you'll need to travel to get it especially for something clean.

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