How do you know if you should sell your E46 M3?

[sev]

I am exactly in your same shoes. I bought mine in 2014 from the original owner with 38k miles Silver Grey/Black/6 speed and I've put 16k miles on it in the last 12 years. I dont daily it, but I did track it back in the day and it was incredibly fun. I'm middle age now and I've lost touch with many of my car friends. I don't need the cash if I were to sell it and I maintain it well. Every once in a while I get a hair up my ass to move it along but I take it for a good drive and realize how much I love it. I dont have any plans of selling mine, nothing else out there piques my interest enough to sell this for that, though, I'd love a first gen 240z. These days I drive it maybe 500-1000 miles a year, if that.

I dont want anything newer, I don't need anything faster, I don't really like the circle jerk stigma of porches and the m3 is my dream car from my early 20s. For me, I will keep it until I feel like I have no use for it. Though lately my 7 year old son really loves going on drives, so all the sudden I've found a new love for it exploring roads with my son!

I say keep it. if youre not hard up for space or $$, take it for a drive and find new circumstances to enjoy it, like I did with my son.

[Hammerfang]

Speaking from experience, time is a precious commodity and is usually in short supply in your middle age.

I too have found it hard to put miles on my car. But whenever I do, it always puts a smile on my face. Tonight for example I took it to my daughter’s soccer practice. It would have been “easier” to take my Tesla, but I’m glad I took my M3 instead. Plus, my son who is 4 LOVES the “blue car” and says he wants it when he’s older. Guess I can’t ever sell it!

[01SG]

lol. Don’t think that describes Terra

Going by the post, not looking into history.

[Obioban]

You lost enthusiasm for driving because of some rust...? Sounds like a lot of people are more interested in the image of having a clean/nice/cool car than driving. Nothing wrong with that, but doesn't make much sense to own an e46 when the general public will always be more impressed with something new.

lol. Don’t think that describes Terra

[01SG]

I probably should sell mine. I've driven it like 500 miles in the last 3-4 years. Lost a lot of enthusiasm as it developed some rust issues. But can't quite bring myself to sell it, especially since it's not worth much anyway.

You lost enthusiasm for driving because of some rust...? Sounds like a lot of people are more interested in the image of having a clean/nice/cool car than driving. Nothing wrong with that, but doesn't make much sense to own an e46 when the general public will always be more impressed with something new.

[Sharocks]

I probably should sell mine. I've driven it like 500 miles in the last 3-4 years. Lost a lot of enthusiasm as it developed some rust issues. But can't quite bring myself to sell it, especially since it's not worth much anyway.

Hey man all that can be fixed, let's not talk crazy okay? Cool.

[terra]

I probably should sell mine. I've driven it like 500 miles in the last 3-4 years. Lost a lot of enthusiasm as it developed some rust issues. But can't quite bring myself to sell it, especially since it's not worth much anyway.

[05CherryM3]

I may have come off as strictly dollars and cents when it comes to my car and it's not that at all. When these cars were selling for insane prices during covid and I would take it in for service I had people basically beg to sell it to them and I told them I would die with this car. I was offered as high as 70k in 2021 from an auto tech at a very high end shop. I love this car. I love driving it. Without getting into personal detail, unfortunately some aspects of life has taken the joy out of this for me. I also kept telling myself once I finished accomplishing something (school, new career, etc) I would have more time but then something else just always came along.

It also doesn't help that I've always had a company car or another type of daily. I currently drive a pickup as my daily and I always find myself hauling something or needing to pick something up making the M3 impractical to take out.

As for my wife, she has the worst case of motion sickness I have ever seen. If she isn't the driver, we'd have to pull over every 5 minutes because she'd be sick. I always wanted to go out to meets and drives with it and bring her along but that isn't possible.

One person mentioned to drive it 1,000 miles and rethink it. I like that idea. Maybe I'll find meaningful places to drive it to so that I can open it up a little and see if it's worth keeping while I have the luxury of not needing to sell it.

I was waiting on some dove grey hate comment. I will never understand the hate for it. I know I'm the minority, but my interior is pristine and I think the color looks great. In fact I always thought black interiors were the boring common ones after owning 3 cars with it.

[usdmej]

I don't mean this in a bad way because I've lived through it too but youve clearly prioritized other things over living the car life you might have dreamed of


if you sell it you won't miss it, you can keep it as a speculative investment but there are better assets to hold onto (any Porsche GT product) if that's what you're really in it for

[02_lsb]

It’s a car. Sell it. Move on.

[WestBankM4]

You're wrestling with the fact that it's low mileage and it commands a higher selling price. I think you don't actually drive it in order to keep the "value" up there, which isn't necessarily a bad thing but these forums are going to tell you to drive it. Wrestling on that fact alone means you don't really value the car for what it's worth, an actual drivers car.

I'd sell it if I were you, get your money and let the next person potentially put miles on it. Win, win in my book.

[Sharocks]

If you're factoring your wife in this decision, just sell the car man lol

[TexaZ3]

In your mind, you already sold it.

[maw1124]

IDK Man... if you can afford a "spare" car, these are hard to beat. I've kept mine for this reason. It's more or less a vacation car at a vacation house. Maybe I drive it a few weeks a year (16 years, 30k miles). I have friends who have kept E39M since new as that same "once in a while" car that only Dad drives -- kids have grown and left the house knowing that as "Dad's fun car."

If you can afford to keep it like that, I say keep it as long as there are parts available to keep it to your standards.

"When you can no longer maintain it to your standards" is when you sell it, in my book.

I'm not tracking anything, but I'm also not painting or restoring anything either. Keep it in the shape you want, drive it when you want, don't think anymore about it.

Icons are iconic for a reason.

maw

[Obioban]

Either drive it or sell it.

When going out without the wife, why aren't you taking it? For that matter... how is she getting violently ill from your M3 specifically?

You're only 2 hours from NJMP. Maybe do an event there before making any decisions. A nice thing about tracking is it has a way of making detailing and keeping the car perfect feel... inconsequential and petty. Really lets you enjoy the car instead of constantly worrying about it.