Hello, I'm new to this board in anticipation of owning an M3, however, the powers that be suggest that I look a little further before I buy the current M3 that I'm looking at.
It's a 96 with 94000 miles on it. It has the luxury package and has been relatively well maintained, mostly garage kept. It's in pretty good condition from my point of view, however, it does have some things wrong with it. It was driven in Arizona, and it has a little sand damage where the sand has almost sandblasted the car on some of the leading surfaces, however, it's not noticeable unless to the touch. It has one tire that is a bit worn, and the leather seats on the inside have a little bit of wear. The car is mechanically sound except that it will eventually in about 15k miles need 2 rear struts. Other than what's mentioned above, the car seems to be in great shape, runs well, drives well, everything that I can tell seems to be fine with it.
I blue-booked the car on kbb.com and with the options I checked it comes out to a private party value of about 13k. However, I see no 96 M3's within 300 miles of me that look as good or are as in good shape as this car for no less than 15k. The price the guy is asking for it is 17k, but this is negotiable. The powers that be, however, think that its majorly overpriced due to the fact that kelly blue book says it should be worth about 13k. My personal opinion as of late is that the way the value of the car is generated on kbb.com is BS, due to the fact that it doesn't really take into consideration location (I live in South Carolina, and I don't see too many M3s around here). I'd really like this car, and I can afford it, however, I'm still looking for a second opinion, and I thought you guys could help. Feel free to ask more questions, and I'll try to provide you with the best answers I can.
It's a 96 with 94000 miles on it. It has the luxury package and has been relatively well maintained, mostly garage kept. It's in pretty good condition from my point of view, however, it does have some things wrong with it. It was driven in Arizona, and it has a little sand damage where the sand has almost sandblasted the car on some of the leading surfaces, however, it's not noticeable unless to the touch. It has one tire that is a bit worn, and the leather seats on the inside have a little bit of wear. The car is mechanically sound except that it will eventually in about 15k miles need 2 rear struts. Other than what's mentioned above, the car seems to be in great shape, runs well, drives well, everything that I can tell seems to be fine with it.
I blue-booked the car on kbb.com and with the options I checked it comes out to a private party value of about 13k. However, I see no 96 M3's within 300 miles of me that look as good or are as in good shape as this car for no less than 15k. The price the guy is asking for it is 17k, but this is negotiable. The powers that be, however, think that its majorly overpriced due to the fact that kelly blue book says it should be worth about 13k. My personal opinion as of late is that the way the value of the car is generated on kbb.com is BS, due to the fact that it doesn't really take into consideration location (I live in South Carolina, and I don't see too many M3s around here). I'd really like this car, and I can afford it, however, I'm still looking for a second opinion, and I thought you guys could help. Feel free to ask more questions, and I'll try to provide you with the best answers I can.
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