M5POST
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Go Back   M5POST - BMW M5 Forum > BIMMERPOST Universal Forums > Classic BMW (Pre-2005 Models)

Post Reply
 
Thread Tools Search this Thread
      11-29-2021, 04:05 PM   #1
jp1984
Lieutenant
517
Rep
551
Posts

Drives: an E92
Join Date: Jun 2019
Location: under the hood again

iTrader: (0)

Do you think the E46 M3 is a future $100k car?

So many people seem to be catching on to the BMW enthusiast bug and many of them are viewing the E46 M3 as future $100k cars. (for pristine examples most likely)

I am split, on one hand, bids are already getting close to $100k for perfectly kept low mile examples. On the other, it feels like too many were made and people caught on fast enough to maintain many of them that maybe there are just enough around to keep a bunch in a "normal affordable territory" I guess. They run for a lot of miles if kept up, despite the 3 or so major issues. $$$

I am thinking about picking up a really cheap example that needs a lot of work for a low price. This is a hobby of mine so it isn't exactly p*ssing money away, but I am interested in others view of their collectibility.
Appreciate 0
      11-29-2021, 04:22 PM   #2
fiveohwblow
Major
fiveohwblow's Avatar
United_States
3633
Rep
1,397
Posts

Drives: F15, E46 & M3, F82
Join Date: May 2016
Location: Desert SW

iTrader: (2)

No clue, own mine cause it was a favorite body style and capable. Track the crap out of mine and it’s at 160k original engine. Many of the myths of upkeep are proliferated from pay my mechanic folks who turn not a wrench and pay inflated bmw tax. Simple to own and maintain, truly.

100k? That seems a stretch by a long shot. 40-60k for unmolested examples? Maybe someday soon.
Appreciate 6
grannyknot1011.50
Vivek.1371.50
NYG12461.00
CT335xi688.00
      11-29-2021, 04:45 PM   #3
rmanm4
Lieutenant
rmanm4's Avatar
Canada
889
Rep
433
Posts

Drives: BMW M4 F82
Join Date: Apr 2021
Location: Toronto

iTrader: (0)

Garage List
2020 BMW M4  [0.00]
I doubt it. The e30 M3 didnt hit that price so cant see the e46 doing it!

Maybe.....a new condition e46 M3 CSL....maybe!
Appreciate 0
      11-29-2021, 04:48 PM   #4
jp1984
Lieutenant
517
Rep
551
Posts

Drives: an E92
Join Date: Jun 2019
Location: under the hood again

iTrader: (0)

This almost new NON Comp just went for 91k

https://bringatrailer.com/listing/2005-bmw-m3-coupe-78/
Appreciate 1
stein_325i25307.00
      11-29-2021, 07:57 PM   #5
stein_325i
Ring Leader of G8X Haters
stein_325i's Avatar
No_Country
25307
Rep
8,764
Posts

Drives: A Car
Join Date: Dec 2017
Location: All-Around

iTrader: (0)

Quote:
Originally Posted by jp1984 View Post
This almost new NON Comp just went for 91k

https://bringatrailer.com/listing/2005-bmw-m3-coupe-78/
JESUS
Appreciate 0
      11-29-2021, 09:15 PM   #6
IcewaterPete
Lieutenant Colonel
IcewaterPete's Avatar
United_States
2821
Rep
1,820
Posts

Drives: 2020 F33 M Sport, 2021 M2C 6MT
Join Date: Sep 2020
Location: Illinois

iTrader: (0)

Quote:
Originally Posted by rmanm4 View Post
I doubt it. The e30 M3 didnt hit that price so cant see the e46 doing it!

Maybe.....a new condition e46 M3 CSL....maybe!
You might want to check BAT’s sold graph. Two even sold for over $250k! Several E30s have closed for over $100k. I could see an E 46 get there down the road if in pristine condition, low miles, 6mt and right color.
Appreciate 0
      11-30-2021, 05:33 AM   #7
M5Rick
General
M5Rick's Avatar
70310
Rep
22,470
Posts

Drives: M5 F10 DCT Gunmetal
Join Date: Aug 2018
Location: GB

iTrader: (0)

100K? depends on the mood and auction feeling. Ppl that keep these cars locked away in a cocoon must be sad with a capital S.
Appreciate 4
jp1984516.50
NYG12461.00
      11-30-2021, 06:02 AM   #8
CSBM5
Brigadier General
CSBM5's Avatar
2888
Rep
3,462
Posts

Drives: 2019 M2 Comp, 2011 M3, etc
Join Date: Nov 2005
Location: Greenville, SC

iTrader: (2)

Quote:
Originally Posted by jp1984 View Post
This almost new NON Comp just went for 91k

https://bringatrailer.com/listing/2005-bmw-m3-coupe-78/
Don't forget the buyers fee (5% with $5k max) on BaT. That actually sold for $91,000 * 1.05 = $95,550.
__________________
Current Stable:
2024 G20 M340i Melbourne Red/Cognac
2019 F87 M2 Competition 6MT, LBB, slicktop, exec pkg
2007 E91 328i Silver, slushbox, Eibach fr/E93 M3 rear sway bars, ARC-8
Appreciate 0
      11-30-2021, 09:57 AM   #9
jp1984
Lieutenant
517
Rep
551
Posts

Drives: an E92
Join Date: Jun 2019
Location: under the hood again

iTrader: (0)

Quote:
Originally Posted by M5Rick View Post
100K? depends on the mood and auction feeling. Ppl that keep these cars locked away in a cocoon must be sad with a capital S.
Agreed, it is why I would want one that has already lived a (healthy!) life.

This isn't Indiana Jones and these don't belong in a museum, they belong on the street.
Appreciate 3
      12-08-2021, 09:55 AM   #10
W///
Lieutenant General
W///'s Avatar
7907
Rep
12,466
Posts

Drives: F82GTS, E36/E92M3, Z4M
Join Date: Sep 2011
Location: SC

iTrader: (13)

Quote:
Originally Posted by jp1984 View Post
So many people seem to be catching on to the BMW enthusiast bug and many of them are viewing the E46 M3 as future $100k cars. (for pristine examples most likely)

I am split, on one hand, bids are already getting close to $100k for perfectly kept low mile examples. On the other, it feels like too many were made and people caught on fast enough to maintain many of them that maybe there are just enough around to keep a bunch in a "normal affordable territory" I guess. They run for a lot of miles if kept up, despite the 3 or so major issues. $$$

I am thinking about picking up a really cheap example that needs a lot of work for a low price. This is a hobby of mine so it isn't exactly p*ssing money away, but I am interested in others view of their collectibility.
To be honest, not super relevant for me as I'm just not interested in collector cars like that. I don't want to feel bad putting miles on a car that is known to be fun to drive, not to mention I'd rather have a fleet of well maintained cars with miles than just 1.

Also not a popular opinion, but to me, there's 0 reason E46's should be reaching that price as you mentioned. While it might not have the classic looks of the E46 M3, I much preferred getting my Z4M Roadster. I find it a far more exciting car for the cost of a mint ZHP these days.
__________________
Current:
16 F82 M4 GTS, Black Sapphire/Black, DCT
08 E92 M3, Sparkling Graphite/Bamboo Beige, 6MT
07 E85 Z4M Roadster, Alpine White/Red, 6MT
99 E36 M3, Techno Violet/Dove Grey, 6MT
Appreciate 2
chris7197607.00
      12-08-2021, 05:02 PM   #11
jp1984
Lieutenant
517
Rep
551
Posts

Drives: an E92
Join Date: Jun 2019
Location: under the hood again

iTrader: (0)

Quote:
Originally Posted by W/// View Post
To be honest, not super relevant for me as I'm just not interested in collector cars like that. I don't want to feel bad putting miles on a car that is known to be fun to drive, not to mention I'd rather have a fleet of well maintained cars with miles than just 1.

Also not a popular opinion, but to me, there's 0 reason E46's should be reaching that price as you mentioned. While it might not have the classic looks of the E46 M3, I much preferred getting my Z4M Roadster. I find it a far more exciting car for the cost of a mint ZHP these days.
I agree with ya, and I am envious of your fleet. I believe the cars should be driven, same as you, as I keep seeing the prices climb it is more of a hypothetical.
Appreciate 0
      12-08-2021, 07:11 PM   #12
ROASTM
Second Lieutenant
United_States
164
Rep
249
Posts

Drives: '20 M2C; '06 M3; '07 JKU
Join Date: Aug 2019
Location: St. Louis

iTrader: (0)

Quote:
Originally Posted by rmanm4 View Post
I doubt it. The e30 M3 didnt hit that price so cant see the e46 doing it!

Maybe.....a new condition e46 M3 CSL....maybe!
Maybe I'm crazy... but the e30 M3 has absolutely hit that price (and above, for a couple super clean, mint, low mileage examples on BaT..
Appreciate 0
      12-11-2021, 01:38 PM   #13
BimmerMRide
New Member
12
Rep
8
Posts

Drives: M Sport
Join Date: Jun 2021
Location: Here

iTrader: (0)

$90K for a nice M3 is crazy, but I think folks are appreciating a traditional sports car, less computers etc.
Appreciate 2
      12-16-2021, 07:54 AM   #14
Ab28
Captain
611
Rep
737
Posts

Drives: F87 M2C/E90 M3/E39 M5/128i
Join Date: Jan 2017
Location: .

iTrader: (3)

I think the only ones that will be worth over 100k are sub 10k mileage examples. Like any (most) car, super low mileage garage queens bring the money.
Appreciate 0
      12-16-2021, 11:34 PM   #15
SpringheelJack
New Member
Australia
27
Rep
13
Posts

Drives: Bmw 325i
Join Date: Dec 2021
Location: Melbourne

iTrader: (0)

Quote:
Originally Posted by jp1984 View Post
So many people seem to be catching on to the BMW enthusiast bug and many of them are viewing the E46 M3 as future $100k cars. (for pristine examples most likely)

I am split, on one hand, bids are already getting close to $100k for perfectly kept low mile examples. On the other, it feels like too many were made and people caught on fast enough to maintain many of them that maybe there are just enough around to keep a bunch in a "normal affordable territory" I guess. They run for a lot of miles if kept up, despite the 3 or so major issues. $$$

I am thinking about picking up a really cheap example that needs a lot of work for a low price. This is a hobby of mine so it isn't exactly p*ssing money away, but I am interested in others view of their collectibility.
I think it is too expensive, no more than 50К
Appreciate 0
      01-20-2022, 12:50 AM   #16
monkeyjuice5150
Private
30
Rep
84
Posts

Drives: e46 330
Join Date: Jan 2009
Location: San Francisco

iTrader: (1)

lol ppl are dumb.

CSL I can see 100k, but for a ZHP or just a regular m3. No thanks. I've owned a few back in the days. They're not that special.
Appreciate 1
Cos270610.00
      01-20-2022, 01:07 AM   #17
RugbyBro
Brigadier General
RugbyBro's Avatar
7715
Rep
3,663
Posts

Drives: M3
Join Date: Jun 2019
Location: SF

iTrader: (0)

https://bringatrailer.com/listing/2005-bmw-m3-coupe-73/

__________________
Current: E92, E46
Prior: F80, F82, F32
Appreciate 1
stein_325i25307.00
      01-20-2022, 01:28 AM   #18
ExcelonGT
Private
18
Rep
88
Posts

Drives: e92 M3
Join Date: Nov 2010
Location: San Jose, CA

iTrader: (0)

$90k for an e46?! people have lost their minds
Appreciate 3
chris7197607.00
Cos270610.00
      01-20-2022, 01:43 AM   #19
flybigjet
Remove Before Flight
flybigjet's Avatar
7842
Rep
1,647
Posts

Drives: M2C & a Boeing light twin
Join Date: Dec 2019
Location: Littleton (Denver), CO

iTrader: (1)

https://bringatrailer.com/listing/20...ign=2022-01-12
__________________
Current: F87 M2C, Miata RF-GT, RDX & Element // R1200GS & VRSCF
Previous: E46 M3, Focus ZX3-S2, Superchaged Solara, Samurai, Integra, Pinto & RX-4 // VRSCR, R6S, FZ1 & FZ600
Appreciate 0
      01-20-2022, 09:47 AM   #20
jp1984
Lieutenant
517
Rep
551
Posts

Drives: an E92
Join Date: Jun 2019
Location: under the hood again

iTrader: (0)

I think all that is needed is slicktop, speedcloth 6 speed with low miles. I wonder if this would be the same way without Covid and bitcoin billionaires!
Appreciate 0
      01-20-2022, 10:29 AM   #21
Obioban
Emperor
Obioban's Avatar
1619
Rep
2,765
Posts

Drives: M3, M3, M5, M5
Join Date: Apr 2008
Location: West Chester, PA

iTrader: (0)

Garage List
2008 BMW M5  [0.00]
2017 BMW i3  [0.00]
2005 BMW M3 Coupe  [0.00]
2001 BMW M5  [0.00]
Quote:
Originally Posted by jp1984 View Post
I think all that is needed is slicktop, speedcloth 6 speed with low miles. I wonder if this would be the same way without Covid and bitcoin billionaires!
I think it's more of a supply and demand thing. If you want a smallish car with a high revving NA engine, good steering feel, manual trans... there's not much in the way of new cars.

Everything that meets the above is going up. The e46M happens to be going up a bit more/faster because it's (IMHO) one of the best examples of that.
__________________

2005 M3 Coupe, 2004 M3 Wagon, 2001 M5 Sedan, 2008 M5 6MT Sedan, 2012 128i M sport
Appreciate 0
      01-20-2022, 11:27 AM   #22
stein_325i
Ring Leader of G8X Haters
stein_325i's Avatar
No_Country
25307
Rep
8,764
Posts

Drives: A Car
Join Date: Dec 2017
Location: All-Around

iTrader: (0)

How about $120k for an E39 M5? And there's still one more day for bidding...

4k-Mile 2001 BMW M5

Name:  1a.jpg
Views: 6841
Size:  898.0 KB

Name:  2a.jpg
Views: 6507
Size:  888.6 KB

Name:  3a.jpg
Views: 6715
Size:  1.36 MB

Name:  4a.jpg
Views: 6727
Size:  1.47 MB
Appreciate 3
RugbyBro7715.00
540iSUP723.00
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 09:55 PM.




m5post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST