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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 Mon, Sep-16-2019, 03:51:19 AM   #11
pbonsalb
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Default Re: I have $2,500 to spend on my beat up E36 M3 w/ 224k miles. How do I spend it?

You could get half a turbo system for $2500.
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Old Mon, Sep-16-2019, 10:00:56 AM   #12
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Default Re: I have $2,500 to spend on my beat up E36 M3 w/ 224k miles. How do I spend it?

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Originally Posted by pbonsalb View Post
You could get half a turbo system for $2500.


Or buy quite a few track days


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Old Mon, Sep-16-2019, 11:40:50 AM   #13
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Default Re: I have $2,500 to spend on my beat up E36 M3 w/ 224k miles. How do I spend it?

How many have you done so far? I have not gotten into DE yet. I always say next year.
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Old Mon, Sep-16-2019, 01:09:54 PM   #14
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Default Re: I have $2,500 to spend on my beat up E36 M3 w/ 224k miles. How do I spend it?

It cost me almost $2k in parts for the entire front suspension, bushings, motor mounts, and other goodies.....nothing like new parts
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Old Mon, Sep-16-2019, 01:38:11 PM   #15
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Default Re: I have $2,500 to spend on my beat up E36 M3 w/ 224k miles. How do I spend it?

20+ year old German car + limited budget means times to learn to work on your own car.

I vote new bushings/bearings/ball joints, plus shocks, plus any tools you don't have.

I don't think you'd be meaningfully better off with a 100,000 mile example than a 224,000 example-- either way, you're facing time and previous owner neglect. 224,000 just means everything thing should be getting replaced for the second time, instead of the first (100,000).
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Old Mon, Sep-16-2019, 01:51:49 PM   #16
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Default Re: I have $2,500 to spend on my beat up E36 M3 w/ 224k miles. How do I spend it?

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Originally Posted by pbonsalb View Post
How many have you done so far? I have not gotten into DE yet. I always say next year.


This year none sadly. Iím hoping to do about 4-5 weekends next year.

Iím stuck if I should keep it moving in the direction of a track car, or weekend/ Hpde car with AC.

Turbo has crossed my mind , but I donít think having more then 350-400whp is a great idea for a track car unless you want to start cutting up fenders for more tire.

Itís current interior




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Old Mon, Sep-16-2019, 04:17:17 PM   #17
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Default Re: I have $2,500 to spend on my beat up E36 M3 w/ 224k miles. How do I spend it?

That looks like the start of a track car. Seems like a fun hobby if you have the time to do enough of it to make having a dedicated track car worthwhile. I would personally be much more interested in what chikinhed has done — a turbo E36 that can go on a 2000 mile family trip with AC and run with GT3s on the track. I would use and enjoy it a lot more. Unless maybe I was retired and had much less to do and really wanted to make track days my primary hobby.

Last edited by pbonsalb; Mon, Sep-16-2019 at 05:23:57 PM.
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Old Mon, Sep-16-2019, 05:15:08 PM   #18
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Default Re: I have $2,500 to spend on my beat up E36 M3 w/ 224k miles. How do I spend it?

I think chiknhead has near 400k (KMs) on his car. He's a mad scientist though. I don't think 99.99% of enthusiasts have the personality or knowledge to do what he's done to the car.
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Old Mon, Sep-16-2019, 06:40:01 PM   #19
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Default Re: I have $2,500 to spend on my beat up E36 M3 w/ 224k miles. How do I spend it?

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Originally Posted by pbonsalb View Post
That looks like the start of a track car. Seems like a fun hobby if you have the time to do enough of it to make having a dedicated track car worthwhile. I would personally be much more interested in what chikinhed has done ó a turbo E36 that can go on a 2000 mile family trip with AC and run with GT3s on the track. I would use and enjoy it a lot more. Unless maybe I was retired and had much less to do and really wanted to make track days my primary hobby.


That also has gotten me thinking as well.


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Old Tue, Sep-17-2019, 02:50:38 AM   #20
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Default Re: I have $2,500 to spend on my beat up E36 M3 w/ 224k miles. How do I spend it?

Thanks for the replies everyone! You’ve given me a lot to think about.
I just took the car out tonight and really drove it, and it’s safe to say that it’s one of the most satisfying cars I’ve ever driven.

Now I’m faced with a dilemma: a relatively clean E36 M3 with under 115k miles goes for around 15k. I bought by current M3 for 3.8k with nearly double those miles and in relatively iffy condition. I got quoted $3.5k for a FULL engine rebuild, including labor. He said he’d also change the clutch & flywheel as well as all of the belts. If I were to do that I would also want to make the car look a little better (paint correction, new trim, dent repair, etc), which would be maybe $1k, and then I’d like to refresh the suspension, which would be another 1-2k. After all is said and done, I’d be into the car $10k, maybe even closer to $12.5k; but I’d have a rebuilt engine, new suspension / bushings, clutch & flywheel, etc. Basically, what I’m getting to is would that be worth it? Or should I jump ship for a car with less than half of the miles?

I’ve decided that I love these cars and I’m willing to devote some actual money to one.
Thanks again to everyone for the support and for answering all of my silly questions.

Last edited by 911r; Tue, Sep-17-2019 at 03:25:03 AM.
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Discussing I have $2,500 to spend on my beat up E36 M3 w/ 224k miles. How do I spend it? 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)