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-   E30 M3 (1986-1991) (http://www.m3forum.net/m3forum/forumdisplay.php?f=11)
-   -   Should I buy it? (http://www.m3forum.net/m3forum/showthread.php?t=566783)

balance 740 Tue, Jan-24-2017 09:15:18 PM

Should I buy it?
 
Hello. I just joined this forum now to ask a question.

A friend of mine has found an E30 M3 that is for sale for $5,000, and forwarded the information to me being that I'm a bit of a BMW enthusiast. He passed by it and got the phone number from another friend who lives in that area. I haven't called the man or seen the car yet.

From what I understand, the car is parked outside of a house, and looks like it has been parked there for a long time. Each wheel is a different brand and a different make. It is some type of yellow color, but the car being as dirty as it is, looks more black at this point.

I have no idea if the interior or drivetrain is in working order, but from the information I've gotten already (price and condition), I'm going to assume the worst.

Just looking at AutoTrader.com gave me a bit of a surprise as to how much these M3s are going for these days. I knew they went up in value, but I had no idea how much. Personally, I don't have very much money to spend on a vehicle at the moment, and I'd like to ask a few questions before I commit to a project that, depending on cost, I may never finish.

I figure I should check the car out first, and get some better information, but out of curiosity, assuming that the drivetrain is shot, how much is just the shell worth? I'd be much more likely to pick it up and take a risk if there was a good chance that I'd get my money back if the drivetrain wasn't in working order.

Also, how do I check to make sure this is a "real" M3? Is there a way to check from the VIN? I'd hate to pay 5k for a neglected 325 with a body kit.

Is there anything that I should look for specifically that should stop me from buying the car?

I'll update the thread after I check the car out and get some better information.

delvin Wed, Jan-25-2017 02:53:35 AM

Re: Should I buy it?
 
Lots of e30 M3 info over here https://s14net.vbulletin.net/

If I had to guess I would factor about $30k+ for a restoration

BlackHawkRacing Mon, Jan-30-2017 03:41:36 PM

Re: Should I buy it?
 
You can start by checking if the VIN starts with WBS, which is the beginning letters to all M car VINs.

As long as the shell isn't totally rotted, yes you could flip it for more but there is a BIG if that pertains to what's actually included and what's salvageable. If you have any specific questions, feel free to ask, I'm not an expert but I've done a fair amount of research in my search for one. If you decide to pass, feel free to PM me, always looking for a project car.

balance 740 Thu, Feb-02-2017 08:45:00 PM

Re: Should I buy it?
 
Sorry for the delay.

I finally got in contact with the owner after more than a few unanswered phone calls. He told me that it is a 1984 325 with an M3 kit on it, so, I'm no longer interested. It looked real enough passing by it from the street, but I never did get a close look at it. The price tag for a car in this condition had me thinking it was the real thing as well.

Sorry for the waste of time. Feel free to delete this thread if necessary.

Bmwpower603 Tue, Jul-17-2018 03:26:01 AM

Re: Should I buy it?
 
:noapprove:

Sad ending to the story.


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