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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 Thu, Sep-12-2013, 03:49:42 AM   #31
johnbennett103
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Default Re: E36M3 Regression Analysis - Purchase Price Findings

Any idea how an engine swap affects price? Probably too few sales to make any statistically sound inferences (sorry, engineer plus MBA who just knows enough about statistics to be dangerous). This study was obviously done by a statistical professional!
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Old Thu, Oct-31-2013, 11:27:32 PM   #32
edsel1134
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Default E36M3 Regression Analysis - Purchase Price Findings

Hey this may help but I just got into my 7th e36 and this is the most money I payed for it specs
Black
Black vader
5speed
1998 150k
Maintenance done -everything literally a box of receipts
Purchased from original owner
Problem spots
Small rust forming on driver side door
Heater blower fan squeal when on low

New wheels tires arc8
Comes with oem and new tires
Stock aside from UUC cat back
Purchase price
7k
I've read this thread several times and it's been very useful. Figured I'd help a bit with a baseline for cleaner 120k plus cars.
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Old Mon, Dec-30-2013, 01:46:42 PM   #33
M3zouch
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Default Re: E36M3 Regression Analysis - Purchase Price Findings

New subscriber here. I found this thread helpful in my recent purchase:

Hunter
tan vader
5-speed
1999 84k
clean condition
Price: $7,400

Good:
- purchased from third owner
- clean Title and Carfax
- cooling system replaced
- suspension refresh, including subframe bushings

Not As Good:
- minor repair to front right fender caused slight fitment issue.
- three small door nicks and one 1-inch shallow scratch.
- modest bolster wear, otherwise interior leather is 9/10.
- slight glove box sag.
- headliner sag.

I'm curious if anyone has thoughts on how fitment impacts the price of these cars. The damage was very minor and only resulted in the replacement of fender and headlight. It was not reported to insurance so does not appear on Carfax. However, there is a slight gap (< 0.25 inch) in fitment between fender and bumper at base of seem, as well as gap (<0.1 inch) between hood and fender at very front of seem. The seller and I agreed to reduce the price $1,000 from what we would have otherwise value the car for private party sale.

Current book values below:

NADA Retail: $10,450
NADA Trade (clean): $7,775
KBB Retail: $10,040
KBB Private Party (very good): $8,490
Edmonds Retail (clean): $10,699
Edmunds Private Party (clean): $8,358

Last question: Is it typical to add $1,000 to the NADA Trade price to arrive at private party sale price for these cars?

Thanks!!
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Old Wed, Jan-08-2014, 07:13:24 PM   #34
umichchris
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Default Re: E36M3 Regression Analysis - Purchase Price Findings

i recently purchased my M3/4/5

1998
154k miles
clean condition
interior in good condition with no rips or tears
new tires (michelin pilot super sport)
small dent/ding on the door
newer cooling system
exhaust rattle
in need of general maintenance

paid $5,500 in SoCal
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Old Sat, Feb-15-2014, 11:07:06 PM   #35
the sage
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Default Re: E36M3 Regression Analysis - Purchase Price Findings

This is my first M3. second BMW i also have a 13 328i m-sport
about the m3:

bought from acura dealer, had been traded in by a doctor who had been driving it since he bought it 11 years prior from the original owner who leased it and bought i out of lease. i am the third owner.

car is totally stock

m3/2/5 arctic silver
143k miles no rust clean title and car fax
new rear tires
dove grey interior with small tear on driver seat
a few dents on left fender
paint is awesome all over
bumper was split down the middle
cooling system leaking
CEL ABS ACS and airbag light on
drives awesome

bought it for $3600 from the dealer after taxes tag and dealer BS.

i love the car and will bring it back to perfect. and will track it.
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Old Thu, Apr-10-2014, 04:57:34 AM   #36
ramnazeri
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Default Re: E36M3 Regression Analysis - Purchase Price Findings

Quote:
Originally Posted by Mjoyabl3 View Post
- A sample consisting of many cars of various years, body styles, clean and branded titles, colors, transmissions, options, body damage, mods, etc. would need an EXTENSIVE amount of data to cover ALL of the variations in the cars and making it all average out. Meaning, the more variation that can exist in a data set, the more data points, "n" you need to make it approach a normal distribution, look up "central limit theorem" for more explanation. In this example, the number of samples must be MUCH larger than n=67 for it to have statistical significance because of the amount of variation in the data.
I understand that the variation does require extensive examples, but the CLT states that as long as there are over 30 samples, the distribution is approx normal. "approx" is the key term there, as there is room for it to be more normal with a more thorough database. However, because there really are only the 3 different styles, 67 as a sample size is fine.

What truly matters when it comes to all of the variations is if the data was taken from an SRS or any other randomization. A random sample will factor in any variation in the models (i.e. location, body, year, miles, etc)

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Old Thu, Apr-17-2014, 06:42:35 PM   #37
19328i99
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Default Re: E36M3 Regression Analysis - Purchase Price Findings

1995 M3/2/5
220,xxx on chassis, 180,xxx on motor. Pulls hard
Interior reconditioned, near flawless, no rips/holes/scratches
Drives better than any other e36 I have been in/driven

Paid $7k

Everything below new/replaced/reconditioned. Receipts/Records for everything.

Front and rear control arms, bushings, ball joints etc. everything got replaced.
Front and rear control arm bushings replaced with AKG poly in stock stiffness
Rear subframe bushings replaced with AKG poly in stock stiffness.
All three differential bushings replaced with AKG poly in stock stiffness.
RTAB's replaced with AKG poly in stock stiffness.
Front subframe reinforcements welded in.
Rear sway bar reinforcements welded in.
RTAB reinforcements welded in
Front and rear sway bar bushings replaced.
Front and rear sway bar links replaced.
All tie-rods replaced.
Power steering rack boots and clamps replaced.
Power steering hoses replaced.
Power steering fluid flushed/replaced with factory BMW fluid.
New steering column guibo.
Entire emergency brake system replaced other than cables to include shoes, springs, the hardware (nuts and bolts etc.)
Differential fluid replaced with Red Line fluid and seal replaced.
Front and rear struts/shocks replaced.
Rubber mounts for rear shocks and street dampened front camber plates replaced/added.
Rear shock tower reinforcements.
Front and rear rubber brake lines replaced.
Brake fluid flushed with factory BMW fluid.
Front and rear wheel bearings replaced.
New motor and transmission mounts
Entire shift linkage/bushing system replaced by Bear Motor Sports shift kit with AKG dual sheer rod
Transmission shifter seal replaced.
Tranmission fluid change with Red Line fluid.
New drive shaft guibo.
New drive shaft.
New valve cover gasket AND GROMMETS
Powder coated valve cover.
Replaced PCV valve and hoses.
Cleaned idle control valve and replaced hoses leading to it.
New sparkplugs.
New battery.
New alternator (from alternator pros not from the local autozone).
New cooling system using larger E46 M3 radiator and fan delete kit, replaced all hoses, thermostat reservoir etc. Used BMW coolant and redline water wetter.
Stewart water pump.
Oil filter housing gasket replaced.
OBD2 factory exhaust manifold.
OBD2 factory mid pipes.
New o2 sensor.
New fuel filter.
New fuel pump.
Dinan stainless catback exhaust.
Tuned chip for 3.5 inch intake and exhaust.
3.5 maf installed
3.5 inch intake installed (AFE stage 2 used but didn't like it so went with kit that uses a silicone tube)
New windshield wipers.
New sliders for power windows.
New driver side window regulator and motor.
Sunroof cleaned and greased.
New glove box with no sag.
Re-covered Euro 3 spoke steering wheel
Re-conditioned front Vaders and rear striped seats.
Suede covered headliner, pillars and rear deck.
M5 5 speed shifter knob.
New center console and glove box trim.
New engine cover bolt covers.
New clutch pedal
New clutch pedal bushings from AKG
New brake pedal bushings from AKG
New brake switch
$400 VDO guage set for water temp, oil temp, and oil pressue.
All new belts
All new pulleys
New battery
Motion Motorsports Underpanel with radiator baffle

Sound system
Rainbow audio Germanium model 6.5 inch component set in front being run actively.
Pioneer DEH 80 PRS sound quality head unit
DIYMA 12" sound quality subwoofer
Zuki Audio 6 channel hand assembled/custom amplifier
Attached Images
File Type: jpg M3 Car.jpg (34.3 KB, 47 views)
File Type: jpg M3 Dash.jpg (29.2 KB, 40 views)
File Type: jpg M3 Vaders.jpg (27.9 KB, 41 views)
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Old Mon, Apr-21-2014, 04:58:06 PM   #38
sarends
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Default Re: E36M3 Regression Analysis - Purchase Price Findings

Unless, I am missing something, the formula doesn't allow for "condition"?

I am 58 years old and I have looked at (maybe) hundreds of cars to buy in my lifetime. The addage "you get what you pay for" has been true more often than false. Value is simply what someone is willing to pay - in my case, what I am willing to pay.

Take the case of EAG cars - there are some that pay this price (or they wouldn't be in business) because of the miles and the "condition" and of course the confidence that EAG inspires as well.

I could have two cars where the formula indicates either are worth $10,000 (as an example), yet one is mint and obviously well cared for and sound and the other is running but is sketchy in almost every area. In this case the 1st car (to me) might be worth) up to 30% more, or $3,000 more and the 2nd car could be worth anywhere from 30% to 50% less (as an example), or anywhere from $5,000 to $7,000.

Am I missing something?

I guess the formula should state, "assuming the car is in "average" condition for the year and miles input into the formula. Let me make my point using simply miles.

Two identical cars where one could have 66,000 miles on the clock and the other 100,000 miles - the one with 66,000 miles could literally have been abused tremendously - we have all seen these cars. The other with 100,000 could be near perfect being pampered it's whole life - I've seen several cars like this in my life (just bought one). Clearly, to me, the 2nd car is worth much more, but the formula fails to take this into account.

I haven't read the entire thread, just the first few, and last few pages.
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Previous:
02 E39 M5 IMOLA on IMOLA/BLACK, 99 Titanium Silver M3/2/5, 89 Zinnoberot 325IS, 89 tan 325 IS - Eurotuner magazine car, 92 DINAN 325 IS - Son totalled this car, 86 325E, 86 Buick Gran National, 70 Buick GS Stage I, 56 Lincoln Premier
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Old Wed, May-07-2014, 05:20:10 AM   #39
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Default Re: E36M3 Regression Analysis - Purchase Price Findings

So, according to this formula, the car I am looking at right now would be approximately $3800. 99 M3 coupe with 193k miles. Great condition but the guy is asking $7000. This seems somewhat steep for the mileage.
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Old Tue, May-13-2014, 06:39:09 PM   #40
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Default Re: E36M3 Regression Analysis - Purchase Price Findings

Quote:
Originally Posted by silntalrm View Post
So, according to this formula, the car I am looking at right now would be approximately $3800. 99 M3 coupe with 193k miles. Great condition but the guy is asking $7000. This seems somewhat steep for the mileage.
I'd say this is a good baseline, but remember that maintenance and overall car condition play a huge part in pricing. As these cars get older and cheaper, it will get harder and harder to find cleaner ones as people who are unable to maintain them properly and give them the care they need start buying them.

I think 7k is also steep given the mileage, but maintenance, mods (depending on which mods?), and overall condition of the car play a huge part. Just keep that in mind. I wouldn't hesitate paying $7k for a well maintained high mileage example over a $7k car with less miles that has much more issues and will end up costing you more in the long run.
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Discussing E36M3 Regression Analysis - Purchase Price Findings 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)