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Old Mon, May-18-2009, 09:43:48 PM   #1
kris one
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Default Advice on buying an E36 M3 at my age

Hi guys, im new to the site and Iíve got to say how helpful and supportive you all are to each other, great community here

Basically im 19, i live in south Wales UK (So Euro engines are readily available) i have a steady income and im doing a business degree part time. I would absolutely LOVE to own one of these machines, Iíve been considering this for quite some time now. The type of car i would be looking at would be a 1994-1996 3.0 Manual with 100k plus miles in reasonable condition, insurance will be outrageous and running costs will be high so i would have to sacrifice a lot of my income to have ownership. In your experience do you think i would be able to keep the car on the road? Do you think i should wait a couple of years?

ALL your opinions will be much appreciated, thanks. Kris
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Old Mon, May-18-2009, 10:12:49 PM   #2
djm3
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My .02 :

Indulge your passion as long as it won't impact you negatively.

Or, if you're business-minded, wait until you're more financially stable and find the car you really like, not because you can afford a cheaper version of it.
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Old Sat, Mar-12-2011, 12:10:09 AM   #3
tmaggi2012
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Default Re: Advice on buying an E36 M3 at my age

Dont listen to the haters,ive got a 1991 325 with 200,000 miles on the clock that i bought 6 years ago and ive never had the slightest problem with it.
8 months ago i bought a 1998 M3 Evo convertible with 120,000 miles on it and its fantastic,no probs with this one either yet.
If you test drive an M3 i promise you will not look at anything else!
They are great fun to drive and sound amazing.
I have heard that when M3s start going wrong you had better have deep pockets.
Having said that your a teenager and you just got your license so an M3 is not really an ideal 1st car and insurance will probably be more than what the car is worth.
Consider getting a lesser BMW to gain some experience and then in a year or so get an M3 insurance will drop a bit aswell.
I could not even afford a car when i was a teenager so your family are pretty well off if you have 6-7k to spend on a teenagers 1st car so what the hell go for it!
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Old Sat, Mar-12-2011, 01:29:19 AM   #4
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Default Re: Advice on buying an E36 M3 at my age

Wow. Necrothread revival.
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Old Sat, Mar-12-2011, 01:43:22 AM   #5
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Default Re: Advice on buying an E36 M3 at my age

I agree with tmaggi2012, once you drive it you will fall in love, I just picked up my second M3 in Jan, a 95 with 103k, it is my daily driver and has been amazing so far. Just like any car with 100k plus you can expect to start having some issues. It all comes down understanding that problems may arise and it will cost you to repair. Pelican Parts can become your best friend. I picked mine up for really cheap, in great condition but needing some work. (suspension, bearings and some little cosmetic things) Look for one that has recently had thermostat and water pump done recently, make sure suspension is good and check rear strut tower for an signs of damage due to broken upper strut mounts.
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Old Sun, Mar-13-2011, 06:54:47 PM   #6
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Default Re: Advice on buying an E36 M3 at my age

This kid is 30 now ..
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Discussing Advice on buying an E36 M3 at my age in the E36 FAQ Forum - at BMW M3 Forum.com (E30 M3 | E36 M3 | E46 M3 | E92 M3 | F80/X)