Feeler: 1998 M3 sedan track car - WHATS IT WORTH? $10K?

[mbern]

SOLD





I am getting out of the game. I built this car about 4-5 years ago. It has been to probably been to 15-20 track days since then. Here is the rundown:
1. Car
a. 1998 E36 M3 sedan – Clean title
b. Was an automatic, now a stick
c. Black exterior. Body in good shape but has some scratches on it
d. Street legal. I drive it to and from track
e. CF sunroof panel
f. Weighs 2,850 with full tank of gas
g. No cage
2. Engine
a. Fully rebuilt less than 4,000 miles agoincluding
i. Bearings
ii. Rings
iii. Head rebuilt
iv. Tacked oil pump nut
v. VAC Baffled oil pan
vi. All stock except ARP head studs
vii. Dinan cold air intake
viii. AA tune
ix. Electric fan conversion
3. Transmission
a. Used manual trans from 95 M3 – works great
b. New clutch and JB lightweight flywheel
c. UUC short shift kit
d. Solid engine and trans mounts
e. New Guibo
f. Fresh fluid
4. Differential (from automatic so it’s a littleshorter geared)
a. 3.23 ratio from automatic
b. Fully rebuilt 2,000 miles ago
5. Suspension
a. Koni adjustables
b. H&R Race springs
c. TC Kline camber plates
d. New FCAB’s
e. New front sway bar links
f. New tie rods and alignment
g. New steering rack
h. New Rear TAB’s
i. New solid rear shock mounts
6. Brakes
a. Stock rear with race pads
b. Stock front with Hawk DTC-70 pads
7. Interior
a. New Corbeau passenger race seats with 5 pointharness
b. New Sparco race seat with slider and 6 pointHANS-capable harness
c. Everything behind fronts seats has been removed
8. Wheels and tires
a. Kosei K1 track wheels and BFG slicks

[mbern]

$5k?

[mbern]

For the record, the car is not for sale for $5k. I would like $10k for it and was looking for opinions. When I'm ready, I will post the car with pics with a price and see what happens.

[GG Emerican]

Honestly I would say somewhere between 5-10k. I'm no expert on value but seems like a solid car however nothing over the top. No cage, stock brakes, no subframe/diff bushings, stock sway bars, and mostly new stock parts. Upgraded radiator or WP? This is good for someone looking for a well rounded M3 or a good start for a dedicated track car.

Again just my 2 cents

[mslevin]

Needs pics. If these guys are saying 5k, ship it to CA and sell for 10k. I see M3s with half that build sheet do 6k all the time.

[mbern]

Gents,

Thanks for the comments. I appreciate your opinions. I can part the car out locally for $7-8k. If I could get 9-10, I'd sell it whole. Otherwise I have enough locate E36 degenerates that there will be limited parts left after they get done... Just trying to decide what to do....

It has been a fun, reliable car, but as stated above, it is not a high end build.

Mike

[GG Emerican]

I by no means am saying it's worth $5k but with the market and people looking for these cars (no offense, younger drift/stance kids) they do not want to pay for it. I personally bought a cheaper M3 and ended up putting way more into it than what I paid. People don't see that initially when buying

They are great track cars and this would be the perfect car for someone looking to get into it. Still intact enough to daily and drive it to the track, yet upgraded enough where it counts.

Good luck with whatever you decide.

[mbern]

Funny and very true. Between the rebuilt diff, rebuilt motor, seats, harnesses, wheels, tires, race pads, suspension, and the car itself, My ‘investment’ is closer to $20k than to $10k. Buying a built car is way cheaper than building a car

at this point, I have committed buyers for car parts that add up to $8k already so I suspect that is the way it will go.

Mike

[mbern]

Car is being parted out. I'll post what's available in next week or two

[Rycase]

I am getting out of the game. I built this car about 4-5 years ago. It has been to probably been to 15-20 track days since then. Here is the rundown:
1. Car
a. 1998 E36 M3 sedan – Clean title
b. Was an automatic, now a stick
c. Black exterior. Body in good shape but has some scratches on it
d. Street legal. I drive it to and from track
e. CF sunroof panel
f. Weighs 2,850 with full tank of gas
g. No cage
2. Engine
a. Fully rebuilt less than 4,000 miles agoincluding
i. Bearings
ii. Rings
iii. Head rebuilt
iv. Tacked oil pump nut
v. VAC Baffled oil pan
vi. All stock except ARP head studs
vii. Dinan cold air intake
viii. AA tune
ix. Electric fan conversion
3. Transmission
a. Used manual trans from 95 M3 – works great
b. New clutch and JB lightweight flywheel
c. UUC short shift kit
d. Solid engine and trans mounts
e. New Guibo
f. Fresh fluid
4. Differential (from automatic so it’s a littleshorter geared)
a. 3.23 ratio from automatic
b. Fully rebuilt 2,000 miles ago
5. Suspension
a. Koni adjustables
b. H&R Race springs
c. TC Kline camber plates
d. New FCAB’s
e. New front sway bar links
f. New tie rods and alignment
g. New steering rack
h. New Rear TAB’s
i. New solid rear shock mounts
6. Brakes
a. Stock rear with race pads
b. Stock front with Hawk DTC-70 pads
7. Interior
a. New Corbeau passenger race seats with 5 pointharness
b. New Sparco race seat with slider and 6 pointHANS-capable harness
c. Everything behind fronts seats has been removed
8. Wheels and tires
a. Kosei K1 track wheels and BFG slicks

I would be interested on the bottom end of your target potentially. I am looking to get into racing and rather than muck up one of our m3's (specifically our e36) I would prepare one underway. You can send me an email rycase at gmail dot.com

[GG///M3]

Why not just post pics? It more then likely would’ve sold by now?


Sent from my iPhone using Tapatalk

[mbern]

Sage advice. I have taken a deposit on the complete car. If that falls through, I will do exactly as you suggest. Thanks

Mike

[mbern]

sold