Quote:
Originally Posted by speeder
Maybe ten years ago. $10k now gets you one w a LOT of miles or in just lousy shape. Check BAT results for e36 M3s. $16k gets you a decent, (but not spectacular), car in a common color. $20K gets you a nice one in a rare color.
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Yeah, I haven't been following the prices that closely, but I 'd think you should have the pick of the litter for $20k. There were a couple Euros on BAT not too long ago and both went for sub $20k numbers IIRC.
Still, the $10k-ish price point is in line with my suggestion of sourcing something "decent" instead of a cream-puff. I only brought that up because you mentioned the lack proper storage/shop facilities, and the fact that you would likely not keep it for an extended period. So, it wouldn't make much sense to pay a premium for a garage queen if you can't store/maintain it as such, and will likely pile on the miles.
And by "decent" I mean something mechanically sound/well maintained, but maybe with miles on the higher side and/or minor cosmetic issues.
Even if $10k is a bit optimistic for something in that category, it should be well do-able for under $15k.
Looking at LA/SD Craigs, these might be worth a peek, possibly:
https://orangecounty.craigslist.org/cto/d/irvine-rare-1995-bmw-e36-m3-coupe-mt/6773827454.html
https://sandiego.craigslist.org/csd/cto/d/riverside-1999-bmw-e36-m3-coupe-clean/6788703145.html
Or, maybe you can rescue this one from it's current "stance bro" life:
https://losangeles.craigslist.org/lac/cto/d/los-angeles-e36-m3/6776811413.html
Here's one in my hood for $12k that might be decent:
https://phoenix.craigslist.org/evl/cto/d/scottsdale-1995-bmw-m3-e36/6785214743.html
For a non-BAT data point, this one just sold in your hood for $13.3k (was listed on CL with an eBay link):
https://www.ebay.com/itm/1998-BMW-M3-E36-/163434263097?nordt=true&orig_cvip=true&rt=nc&_trksid=p2047675.m43663.l44720
