E36 M3 Evo's

E36 M3 Evo's

Author
Discussion

rampz

Original Poster:

108 posts

197 months

Monday 19th May 2008
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Hi all,

Just wondering what people think of the current E36 M3 Evo prices especially good examples. Do you think they will go down further or have they hit bottom. Will prices rise over the next few years (minters)?

im asking because i have just purchased a mint 1999 Vert with full BMWSH and only 45K, just curious!!

Rampz

dan101smith

16,857 posts

217 months

Monday 19th May 2008
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I'd imagine that what will happen over the next couple of years is that they'll polarize - you'll get either really mint examples at £8k+, or moneypit dog-rough ones around £3k, but all the cars currently in the middle of that range will start moving one way or t'other.

Reason being they have become affordable to buy for more people, but the running costs haven't come down at the same rate (if at all, given the rising cost of fuel). This means more people will be able to buy them, but not maintain them, leading to more of them going Pete Tong.

If you look after yours then I'd be surprised if you lose too much money (he says, without a clue of what you paid for it!).

Look at E28s, E30s for previous examples of this cycle.

Cactussed

5,300 posts

219 months

Monday 19th May 2008
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I expect being the last of the M3's with cheap tax may help. But you're right in that they are now affordable to lots of people but the running costs are still high. So give it a few years and there willbe more and more rough cars, with well maintained examples harder to find.

They were more mass market than the e30 though and not as well loved so unlikely to command huge prices. Its difficult to see them going too much lower, although I can't see why they command the same money as a 325 of the same era. A LOT more car for the money.

they're also one of the few decent performance cars that still return 34mpg on the motorway, which is increasingly important when used as your everyday car...

andye30m3

3,466 posts

260 months

Tuesday 20th May 2008
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I think they carry on dropping very slowly for a while due to the E46 still dropping, I certainly would expect them to increase in value.

I'm also not sure if they'll gain the classic status of the E30.

E36GUY

5,906 posts

224 months

Tuesday 20th May 2008
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I think Dan is right. Keep her mint and let the dogs rot away.

french

520 posts

206 months

Tuesday 20th May 2008
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There are so many low priced cars for sell at the moment & so a large percentage will be bought by people who have no intention of following the servicing on them .
That in turn will mean more dogs ,more horror storys & even more fuel to add to the "Vanos" bonfire of mis-info this will in turn surpress value of these great little cars!

Just as well I drive mine & dont worry about the value as I'm keeping mine long term!;)

AM-BM

261 posts

206 months

Tuesday 20th May 2008
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I can't see them dropping much more.
there is not much else that comes close with all the spec and performance.
MPG on motorway, Tax is reasonable! etc.
And that classic shape I think will just get better with time!
Look at the pig ugly new 5,6,7 series. And who can tell a A4 from a new BM or Merc nowadays?

rampz

Original Poster:

108 posts

197 months

Tuesday 20th May 2008
quotequote all
thanks for the opinions! i paid 9.3K for mine. i do plan to keep it a very long time, but you just never know when circumstances change!!!

E36GUY

5,906 posts

224 months

Wednesday 21st May 2008
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french said:
There are so many low priced cars for sell at the moment & so a large percentage will be bought by people who have no intention of following the servicing on them .
That in turn will mean more dogs ,more horror storys & even more fuel to add to the "Vanos" bonfire of mis-info this will in turn surpress value of these great little cars!

Just as well I drive mine & dont worry about the value as I'm keeping mine long term!;)
Not to mention the tax on newer cars going up to £400+ a year! Ours will be £200 from 2010 so only £15 more than current. Another reason to maintain an older minter rather than upgrade. I was thinking of upgrading to e46 but I think I'd rather chuck the money at maintaining my Evo

M3John

5,974 posts

225 months

Thursday 22nd May 2008
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dan101smith said:
I'd imagine that what will happen over the next couple of years is that they'll polarize - you'll get either really mint examples at £8k+, or moneypit dog-rough ones around £3k, but all the cars currently in the middle of that range will start moving one way or t'other.
Cactussed said:
I expect being the last of the M3's with cheap tax may help. So give it a few years and there willbe more and more rough cars, with well maintained examples harder to find.

They're also one of the few decent performance cars that still return 34mpg on the motorway, which is increasingly important when used as your everyday car...
yes Have to agree with both the statements above.

ASBO

26,140 posts

220 months

Thursday 22nd May 2008
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Ultimately, the E36 will never reach iconic status. Too many were made for demand to outstrip supply far a start. That combined with the interpricks who slate it mercilessly for being crap, would suggest that prices will always be lower. In another five years time I cannot imagine that mint low mileage examples will fetch strong money in same way that the E30 does.

It's a great shame, as the E36 is a great car, but I doubt it will ever really appreciate.

Cactussed

5,300 posts

219 months

Friday 23rd May 2008
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I think people slated it because the E30 was a track car for the road. The E36 in std form isnt a great track car (heavy, chocolate brakes) but as a fast GT, its awesome bang for your buck in my mind.

andygtt

8,345 posts

270 months

Sunday 25th May 2008
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Cant really go much lower... mine would be considered a 3k dog now with 165k on the clock and quite a few faults.
But its still a bloody clasic and an FX300 Evo couldn't pull an inch on it round the twisty back roads recently which put a smile on my face, especially as that same person had been saying that the M3 was no match for the EVO or scooby lol.

Looking so bland is a double edge sword, if it had big wings and flared arches....

ASBO

26,140 posts

220 months

Monday 26th May 2008
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I'd sell mine if I could think of a car worthy enough to replace it at a sensible price, but I can't, so I wont smile

CRACKIE

6,386 posts

248 months

Monday 26th May 2008
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I've been looking at alternatives and come to the same conclusion as ASBO. The list of E36 EVO pros and cons are well documented above but the gulf between a good and bad ones is huge. One of the big appeals for me is the relatively small cost needed to address the cons and finish with a £10K machine which grips, handles, goes, stops 95% as well as most of its 12 year younger contemporaries + great noise, friendly tax and surprising economy. Only steering and 1500Kg weight seem to come in for criticism.
Having taken advice from the forum guys my 1997 - 73K EVO now feels eager and agile rather than like a 1970s Buick and the itch to get an E46 isn't there anymore laugh


Edited by CRACKIE on Wednesday 11th June 21:32

ASBO

26,140 posts

220 months

Monday 26th May 2008
quotequote all
CRACKIE said:
I've been looking at alternatives and come to the same solution as ASBO. The list of E36 EVO pros and cons are well documented above but the gulf between a good and poor ones is huge. One of the big appeals for me is the relatively small cost needed to address the cons and finish with a £10K machine which grips, handles, goes, stops 95% as well as most of its 12 year younger contemporaries + great noise, friendly tax and surprising economy. Only steering and 1500Kg weight seem to come in for criticism.
Having taken advice from the forum guys my 1997 - 73K EVO now feels eager and agile rather than like a 1970s Buick and the itch to get an E46 isn't there anymore laugh
Have you put it on a diet?

Before my 'ring trip I was somewhat reluctant to concede that the steering was too slow. However, I feel that a rack upgrade could be on the cards.

I agree that the weight is an issue, but the appeal for me is that I can track it on Saturday, take the OH out on Sunday and then go to work in it on Monday.

dan101smith

16,857 posts

217 months

Monday 26th May 2008
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As soon as I can find the P/N of the Z3 rack it'll be going on mine - the standard rack really is too slow.

Also considering ditching the Vadars for something lighter and grippier.

Managed to get 35mpg on a motorway run in mine yesterday. As mine lives in town most of the time, I'd never seen it even nudge 30 before cool

gwatson

2,562 posts

247 months

Monday 26th May 2008
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ASBO said:
Before my 'ring trip I was somewhat reluctant to concede that the steering was too slow. However, I feel that a rack upgrade could be on the cards.
Told you! smile Kidding... I have all my suspension kit in the garage waiting to be fitted (will have to wait another couple of months though) I really want to source a Z3 rack. However, it's impossible finding a used one and they are expensive new... but it really would be worth, totally transform the car on the back roads or indeed the track. I reckon it would be the single best upgrade.

G

Edited by gwatson on Monday 26th May 10:25

gwatson

2,562 posts

247 months

Monday 26th May 2008
quotequote all
dan101smith said:
As soon as I can find the P/N of the Z3 rack it'll be going on mine - the standard rack really is too slow.

Also considering ditching the Vadars for something lighter and grippier.

Managed to get 35mpg on a motorway run in mine yesterday. As mine lives in town most of the time, I'd never seen it even nudge 30 before cool
Let me know if you find the p/n would be very useful.

I sold a full spare Vadar interior I had, couldn't believe the weight of it, even the rear seat bolsters must weigh around 10kg, the centre armrest is also very heavy.

Yeap had 34mpg from mine, no problem. Really is awesome what it can do.

G

CRACKIE

6,386 posts

248 months

Monday 26th May 2008
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Hi Rampz ~ apologies ~ very easy to get carried away and hijack your original post. E36 EVOs, when properly fettled, are great machines full stop and given their current price point they are stunning value too. Choose the right car and you won't regret it.

ASBO I've not used the quote facility on here before; sorry if this doesn't work properly.

[/quote]

Have you put it on a diet?

Before my 'ring trip I was somewhat reluctant to concede that the steering was too slow. However, I feel that a rack upgrade could be on the cards.

I agree that the weight is an issue, but the appeal for me is that I can track it on Saturday, take the OH out on Sunday and then go to work in it on Monday.
[/quote]

Diet and steering rack next on the cards. I was lucky to find an early EVO with Aluminium doors and the newly fitted Bilsteins and Supersprint both save a few kilos over stock. I guess 1400Kg is possible whilst keeping all the creature comforts. New front seats look like they can save approx 35~40Kg even if they are folding type. Any recommendations guys ?

Edited by CRACKIE on Monday 26th May 12:28