Contemplating an M3

Contemplating an M3

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johno_VR6

Original Poster:

690 posts

218 months

Wednesday 24th September 2008
quotequote all
Hi all, first of apologises if this topic has been covered relentlessly, but I tried searching, flicking through the threads and was only able to find a few answers.

I am currently in the process of selling my VR6 Highline Golf and in the current climate, a straight sale is looking highly unlikely. However, I have been offered a Dakar Yellow 1994 "L" 3.0 M3 in exchange for my golf + some cash their way (obviously).

I am completely new to BMW's and have quite a few questions if anyone would be able to answer them I would greatly appreciate it.

1. Having read a few threads, it seems that the 3.2 Evo is greatly favoured over the 3.0. Is it a massively superior car? Or is the 3.0 a good car all the same?

2. One of the reasons I want to sell my Golf is due to the fact that it is more in the vain of a "show car" and cannot justify driving "enthusiastically" or tracking it...which is my intention for the replacement...does the 3.0 have much of a deficit over the 3.2, as that seems the more favoured on here and a few other places.

3. The car will be a daily driver (despite not covering more than 6,000 miles a year) what are the likely running costs (major failures aside) just general servicing etc....

4. Are there any useful forums out there? - Did try Google but could only find USA sites.

5. Are there many specialists out there in the Northwest? From experience with my Golf, they are more trust worthy than the official garages.

6. Is 6k a lot for a 1994 non evo car with 111k on the clock? It has full service history etc and quite a sizeable spec list as well as some after market items. I have tried gauging the market, but it is just so varied.

7. What are the most common faults etc with them? Have read about VANOS failure, but then another post saying this is an overhyped failure.

8. Are there any areas on the car susceptible to rust? I am aware of one or two surface scabs on the car, but they are not much of an issue.

9. Can anyone recommend a good specialist insurer? Had one or two quotes that range from reasonable to ridiculous, I appreciate that Insurance is a very subjective issue, but recommendations would be brilliant.

Apologises for all the questions, however this would be a big commitment and don't want to pay over the odds for a car, as I'm sure no-one would.


Any help would is very much appreciated.

John.

C5L

341 posts

213 months

Wednesday 24th September 2008
quotequote all
in a rush dude, sorry frown

just go to e36coupe.co.uk

should answer all your Q's you need .

PS 6k for 3.0 litre Dakar yellow too much with 111k, max 4.5 K

hth

Raj


Edited by C5L on Wednesday 24th September 16:23


Edited by C5L on Wednesday 24th September 16:23

cosworth330

1,307 posts

243 months

Wednesday 24th September 2008
quotequote all
For 6k you could get a nice estoril blue M3 Evo, 6k is expensive for a 3.0 in dakar as well not a good colour when it comes to resale.

Simon.

Edited by cosworth330 on Wednesday 24th September 19:51

E30M3SE

8,475 posts

202 months

Wednesday 24th September 2008
quotequote all
Over priced, needs to be a minter, with 60k and FSH for that money, the colour is marmite.......

if you really want one in Dakar and it's £2k cheaper and still abit toppy IMHO.

rampz

108 posts

197 months

Wednesday 24th September 2008
quotequote all
the evo dakar is different to the non evo dakar. the non evo is a custardy yellow, the evo is a banana type yellow. the evo looks awesome in yellow.

e36coupe is now www.bmwowner.com

rust- on the rear arches, can be costly to fix properly

average mpg = around 23 mpg

servicing, over say 3 years, i would budget average 1k a year

the evo is slightly quicker, also has 6 speed box


Schermerhorn

4,346 posts

195 months

Wednesday 24th September 2008
quotequote all
You could buy an Evo model for that sort of money, probably an Estoril blue model with excellent service history.

Running costs arent significantly more, but it is more economical (6th gear opposed to 5 speeds in the 3.0), quicker and just looks a little fresher too (though that's down to the colour IMO)

thegreengoblet

1,040 posts

222 months

Thursday 25th September 2008
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The price seems high, but it does depend on what you are getting for your Golf. Taking a realistic value for you Golf, and I'd suspect that the M3 is lower than the £6k you say???

I did the same when I took a px on my Cerbera a couple of months back. I was also new to BMWs. I got absolutely top money for a private sale and managed to get the 97 M3 Evo on 101k miles for the equivalent of £5.5k. It's been well looked after with fsh (bmw upto 90k miles) and a good level of upgrades and current service condition (i.e. new discs, pads, and tyres all round, and inspection 2 service just done).

Depends on how desperate you want rid of the Golf.

As far as the M3 is concerned, get a good indie to look over it first. I had this done and she needed a few bits done - a couple of small oil leaks and a shreechy belt - total cost including the inspection was £300. Cheap for a complete peace of mind. I use it every day and it goes very well indeed. Apart from my wood interior, you wouldn't know she was 12 years old with 101k under her belt.

Oh insurance.... A-Plan came up trumps for my "modified" M3. However you will find that most require a tracker to be fitted and the theft excess is increased dramically. Luckily mine already had a tracker fitted (and active). Spose you have to factor in the £130 tracker subs onto your insrance premium.

Edited by thegreengoblet on Thursday 25th September 12:47

james28

448 posts

209 months

Thursday 25th September 2008
quotequote all
As above 6k seems to much dont rush and view as many as possible a bargain is to be had in the current climate smileAs for insurance the best quote i had was 650 quid on an evo from esure smile

Edited by james28 on Thursday 25th September 18:14

jamesm3

13 posts

193 months

Thursday 25th September 2008
quotequote all
I would say the price of M3's depends a lot on it's condition! These cars are getting on a bit now hence why prices vary a fair bit. A lot of them fall into the wrong hands and often start to get neglected. Is there a link to the M3 in question?

duff

993 posts

205 months

Friday 26th September 2008
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rampz said:
rust- on the rear arches, can be costly to fix properly
How expensive roughly? I'm looking at one later with a small amount on one arch, otherwise it's mint. I'd have the spoiler take off anyway, so I could have the arch done at the same time as it would have to go into the bodyshop.

jamesm3

13 posts

193 months

Friday 26th September 2008
quotequote all
duff said:
rampz said:
rust- on the rear arches, can be costly to fix properly
How expensive roughly? I'm looking at one later with a small amount on one arch, otherwise it's mint. I'd have the spoiler take off anyway, so I could have the arch done at the same time as it would have to go into the bodyshop.
I have a friend in the the trade who tells me it is roughly £150 a panel so I'd say about that.;)

duff

993 posts

205 months

Friday 26th September 2008
quotequote all
jamesm3 said:
duff said:
rampz said:
rust- on the rear arches, can be costly to fix properly
How expensive roughly? I'm looking at one later with a small amount on one arch, otherwise it's mint. I'd have the spoiler take off anyway, so I could have the arch done at the same time as it would have to go into the bodyshop.
I have a friend in the the trade who tells me it is roughly £150 a panel so I'd say about that.;)
Cool, thanks. That's not too bad then. smile

Trellis

583 posts

245 months

Friday 26th September 2008
quotequote all
Hi John,

having owned both, i can safely say the 3.0 is NOT vastly inferior to the EVO. The evo is faster point to point, but the 3.0 is more fun IMHO.

dont panic about vanos failure. its over hyped.

£6k is WAY too much for a 3.0 with 111k in yellow. its a £4k car.

good luck

mpwr343bhp

259 posts

225 months

Sunday 28th September 2008
quotequote all
jamesm3 said:
duff said:
rampz said:
rust- on the rear arches, can be costly to fix properly
How expensive roughly? I'm looking at one later with a small amount on one arch, otherwise it's mint. I'd have the spoiler take off anyway, so I could have the arch done at the same time as it would have to go into the bodyshop.
I have a friend in the the trade who tells me it is roughly £150 a panel so I'd say about that.;)
You can get the Arch only kits from Hadrians, there about £70.00, but I paid £500 to have them fitted and painted.



Edited by mpwr343bhp on Sunday 28th September 17:26

dan101smith

16,857 posts

217 months

Sunday 28th September 2008
quotequote all
Trellis said:
Hi John,

having owned both, i can safely say the 3.0 is NOT vastly inferior to the EVO. The evo is faster point to point, but the 3.0 is more fun IMHO.

dont panic about vanos failure. its over hyped.

£6k is WAY too much for a 3.0 with 111k in yellow. its a £4k car.

good luck
What makes you say the 3.0 is more fun?????

Trellis

583 posts

245 months

Sunday 28th September 2008
quotequote all
I personally found it a bit 'rawer' the engine was less refined, the handling more interesting, and it just felt more alive than the EVO which inspired more confidence due to superior handling, but somehow just felt a bit less exciting. The EVO felt more like a grand tourer to me, whereas the 3.0 a bit more of an animal!

All depends on what you are looking for, and the thing is now, with these cars all being of a certain age the differences between a 3.0 and a 3.2 probably pale into insignificance compared with the differences between a good one and a dog (of either type).


mpwr343bhp

259 posts

225 months

Monday 29th September 2008
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Get the evo chipped, that will make it more of an animal. The torque is better on the 3.2, they brake and turn in better (with standard setup) only down side would be the 6 speed i suppose, as the first gear seems shorter that the 3.0, but other than that teh 3.2 is a very good upgrade to the 3.0. ;0)

french

520 posts

206 months

Monday 29th September 2008
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Does the getting the Evo chipped really make that much difference ?

dan101smith

16,857 posts

217 months

Tuesday 30th September 2008
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mpwr343bhp said:
Get the evo chipped, that will make it more of an animal. The torque is better on the 3.2, they brake and turn in better (with standard setup) only down side would be the 6 speed i suppose, as the first gear seems shorter that the 3.0, but other than that teh 3.2 is a very good upgrade to the 3.0. ;0)
Both run the same ratios in gears 1-5, but the 6th gear on the Evo is an overdrive.

Cliffv8

565 posts

211 months

Tuesday 30th September 2008
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yep £6k is to much, I payed £4.5 for mine at 114k over a year ago. I had £6k to spend too but couldn't find a Evo I was happy with at the time so went for a nice 3L instead, good bit more to choose from now but I bet haft will have doggy history's so check that before even to look at one and a Evo would of been £400 more to insure for no reason that i can think of confused

as for differences between the 3L and Evo, have a read of this http://www.bmwmregistry.com/model_faq.php?id=15#4

Oh and the 3L has variable speed steering witch is bloody awful if you ever take on a track, belongs on a 7 series not an M3 irked changed mine for a standard e36 rack witch cost about £60 form a breaker.