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E36 M3 (1992-1999) {Euro - S50 B32 321hp @ 7400 rpm} {U.S. - S52 B32 240 hp @ 6000 rpm}
Total Produced: 71,212 - Years Produced: 1992 to 1999


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Old Fri, Dec-01-2017, 12:43:21 AM   #1
clhonu05
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Default Selling Advice

I purchased my sweet low mileage M3 with driver side quarter panel damage and had intended on fixing it but never got around to it because life happens.

Now I'm considering selling it and not sure it's worth fixing first?

If you were buying a low mileage garage queen with some flaws, would you rather fix it yourself so you could make sure it was done to your standards or rather purchase it in otherwise excellent condition knowing it has had some body work?

Also in determining value, do you think having the Dinan goodies (see signature) add much value or would it depend on the buyer?

Thanks in advance!
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Old Fri, Dec-01-2017, 01:30:34 AM   #2
JitteryJoe
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Default Re: Selling Advice

Depends on the extent of the damage. Likely damage will significantly reduce value. If it can be fixed properly without replacing any panels then that is good. Dinan is a crapshoot as far as value but, personally, I'd prefer without. Many buyers want a clean unmodified or only lightly modified car. But it all comes down to the buyer. 55K is very low mileage so you have that going for you and the color is good as well. How bad is the damage? I'd be inclined to get it fixed, IF I could get it fixed properly, before selling. But I don't know your circumstances. Good luck!
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Old Fri, Dec-01-2017, 02:33:28 AM   #3
Braymond141
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Default Re: Selling Advice

Personally I think you should fix it to get top dollar. You will see a good number with the Dinan mods there.
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Old Fri, Dec-01-2017, 08:38:14 AM   #4
clhonu05
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Default Re: Selling Advice

I did talk to a body shop last year and they said it could be repaired without replacing the panel. See attached image of damage. It's the best one I have right now. It's obviously not minor, but it's not that noticeable up close.
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File Type: jpg DSC_7580.jpg (428.9 KB, 97 views)
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Old Fri, Dec-01-2017, 12:37:23 PM   #5
Richardsperry
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Default Re: Selling Advice

That should be pretty easy... How's the carfax?
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Old Fri, Dec-01-2017, 01:19:25 PM   #6
clhonu05
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Default Re: Selling Advice

Quote:
Originally Posted by Richardsperry View Post
That should be pretty easy... How's the carfax?
Both Carfax and Autocheck reports came back clean when I ran them in 2015 at time of purchase.
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Old Fri, Dec-01-2017, 01:29:55 PM   #7
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Default Re: Selling Advice

It's an interesting situation.
To me it's a matter of how fast do you want to sell it and how much do you care to negotiate price. Here's what I'm thinking...happy to be wrong though.

If you sell it as-is, it's going to have to be to the right person who is OK with the mods and has a connection to a bodyshop that can do the work cheap. More to the point, just from the picture, it looks like a $2200 to $3000 job to me given parts, labor & paint. You'd probably get 10.5K to 12K as is after negotiation (but again only) to the right person.

So that's going to be the negotiation point and you'll be waiting for the right person who wants it but doesn't want to just flip it for profit.

Fix it and though it will take a few weeks to be done, it will be "right". No question...run a more recent Carfax. Provided the Carfax is clean and the title is clean, you have a highly desirable vehicle and nice mods with little need to negotiate on price. You'd easily get 17K to 18K for it...provided all other aspects of the car are in good to very good condition. Someone can always pull the SC and sell that, right?

(Since it is in Ohio, I'd want to know about rust issues and see extensive undercarriage images.)

It seems you are in no rush on selling and are OK to have the money tied up in it for a while, so I'd say fix it and have an interested audience rather than try to find someone that fits the needs it has and thinks it's a car to flip for a little profit.
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Old Fri, Dec-01-2017, 02:25:18 PM   #8
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Default Re: Selling Advice

If I need to fix 3k of body damage, I’d expect to pay about 6k less than the car is worth because of it. It’s well worth your while to fix it, and fix it right, however please don’t take a proper fix and a clean Carfax as a ticket to being a scumbag and not disclosing the previous damage.
Often people think a coat of paint can exempt them from the necessity of honesty when selling things.
That car is very desirable and will have people banging down your door if it shows well.
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Old Fri, Dec-01-2017, 03:22:45 PM   #9
clhonu05
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Default Re: Selling Advice

The rest of the car is in great shape. I'm the second owner and it's always been stored in the winter. There's no rust to my knowledge, and I have every service record since day one.

If I was interested in trying to hide the damage after repair, I certainly would not have posted on here asking for advice on what to do.
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Old Fri, Dec-01-2017, 03:40:22 PM   #10
Richardsperry
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Default Re: Selling Advice

10 to 12K...lol What are you smoking? Have you looked at any low mileage E36 prices?

10-12K buys you a ragged out high mileage rat.
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Discussing Selling Advice in the E36 M3 (1992-1999) Forum - {Euro - S50 B32 321hp @ 7400 rpm} {U.S. - S52 B32 240 hp @ 6000 rpm}
Total Produced: 71,212 - Years Produced: 1992 to 1999 at BMW M3 Forum.com (E30 M3 | E36 M3 | E46 M3 | E92 M3 | F80/X)