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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, Nov-09-2018, 08:31:28 AM   #1
mrbeverlyhills
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Default Want to get into a 1999 M3

Looking at a clean, one owner car with stacks of records, 2 door, fairly stock and fairly clean but 150k miles. That last scares the crup out of me, but the records state most of the usual issues are dealt with.

Carpets are a little worn, some minor parking dings, scuffed stock wheels, new tires. 1 owner and CA title. White/black

Can anyone give me a value range? Seller is asking 15k. From my self admittedly noob here status, I would have thought that bought a sub 100k mile car.

Lastly, how about a righteous referral for a PPI in LA area?
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Old Fri, Nov-09-2018, 10:56:11 AM   #2
cypher448
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Default Re: Want to get into a 1999 M3

Hard to judge value without pics or more history of the car. I wouldn't worry about 150k miles. Mileage isn't an issue for well-maintained car. But for 15K it better be very well-maintained. It's a bit high for the mileage but not unheard of if its a desirable color combo, comes with a stack of records, and has nice cosmetics both inside and out. 15K regardless of mileage buys you "Good" car according to Hagerty (although their definition of "good" is better than what most sellers call "good"):

https://www.hagerty.com/apps/valuationtools/1995-bmw-m3

You could also look at comparables on BaT, though tbh I don't always agree with their pricing. But for a newbie it is a nice springboard to start with:

https://bringatrailer.com/bmw/e36-m3/

I've seen several high mileage cars reach the mid teens but they were pampered examples that looked much younger than they were. 1 Owner in CA (I'm guessing that means rust free) sounds very promising though. Get a feel for the guy and his driving style on the test drive. I bought a 190K-mile car from LA last year I had a PPI done with Marc Norris at Bavarian Workshop in West Hills and would highly recommend him. He's very nice and one of the more well known M specialists in the north LA.
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Old Fri, Nov-09-2018, 12:04:31 PM   #3
pbonsalb
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Default Re: Want to get into a 1999 M3

Have some cash for repairs and maintenance on the 20 year old 150k mile car. Great cars in the 3rd half of their lives for DIYers. Not so great if you have to pay labor. I take it you want an old car that will need work and that you can’t find anything newer you would like for $15k? I’d be looking at 335i, 135i, and maybe even borrow some more money to stretch to an E46M3 or an E90M3. I see some E90M3 dipping below $20k and E46M3 dipping below $15k. So much more car for the money.
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Old Fri, Nov-09-2018, 02:38:41 PM   #4
humarahumara
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Default Re: Want to get into a 1999 M3

Have to agree with pbonsalb. For that kind of money you are looking at e46 m3 territory and knocking at the door for e90/92 m3's.
$15k depends on condition, but with those kind of worn items like seats, carpets and such and with exterior imperfections, I think it's high.
Personally, I'd get one with great exterior and interior and do the maintenance items myself. BaT seems to be a great source for some examples like that..they present well but have a few items that need to be addressed like cooling system, suspension and bushings etc... The DIY's have been beaten to death and plenty of youtube videos. IMO E36 m3 are fairly easy to work on.
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Old Fri, Nov-09-2018, 03:24:14 PM   #5
SQ13
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Default Re: Want to get into a 1999 M3

If you’re okay with collision history, I have one for sale.

http://www.m3forum.net/m3forum/showthread.php?t=601685
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Old Fri, Nov-09-2018, 04:17:01 PM   #6
pbonsalb
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Default Re: Want to get into a 1999 M3

Decent value E9xM3:

https://www.m3post.com/forums/showthread.php?t=1532195

Half the age, lower miles, 70% more horsepower. I know which one I would buy (I have a 99M3 and an 08M3).
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Old Fri, Nov-09-2018, 04:26:26 PM   #7
SQ13
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Default Re: Want to get into a 1999 M3

Quote:
Originally Posted by pbonsalb View Post
Decent value E9xM3:

https://www.m3post.com/forums/showthread.php?t=1532195

Half the age, lower miles, 70% more horsepower. I know which one I would buy (I have a 99M3 and an 08M3).
Are you ever worried about the rod bearing lottery? Thatís whatís been keeping me out of an E9X. In your example, the bearings were replaced 2k miles ago which is good.
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Old Fri, Nov-09-2018, 04:55:57 PM   #8
Haywood
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Default Re: Want to get into a 1999 M3

Quote:
Originally Posted by SQ13 View Post
Are you ever worried about the rod bearing lottery? That’s what’s been keeping me out of an E9X. In your example, the bearings were replaced 2k miles ago which is good.
I personally think that's overrated. Have there been some issues? Yes, but you only read about the ones on the forums. I bet it's less than 0.5% of e90x. There were about 25,600 produced in the US and Canada so it's still an extremely low number of issues. I had an '13 e92 and sold it at 40k miles. I had 2 Blackstone oil reports done and mine had normal wear. I would not be scared to own one of the best engines and M3's ever made, IMO.

Last edited by Haywood; Fri, Nov-09-2018 at 05:50:09 PM.
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Old Fri, Nov-09-2018, 04:58:48 PM   #9
pbonsalb
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Default Re: Want to get into a 1999 M3

I changed my bearings myself in 2014 when my CPO warranty expired. It’s $500 to $1000 in parts and 8 hours labor maybe 12 for a first time DIYer. The car that I linked has also had this job done. Any car can suffer a fatality, but on an E46M3 or E90M3, the already low odds are less if you proactively change the bearings.
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Old Fri, Nov-09-2018, 05:03:22 PM   #10
pbonsalb
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Default Re: Want to get into a 1999 M3

I think over 60,000 E9xM3 were sold. 90% are probably on their original bearings. Of the 10% that have been replaced, 90% of the bearings that come out look prematurely worn, done on the verge of failure. I’d guess the number of engine failures is in the 1% range but no one knows for sure. There is a court case against BMW that may reveal its numbers eventually.
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Discussing Want to get into a 1999 M3 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)