1988 BMW M3 w/ 38k Miles Back on eBay

December 17th, 2008 by Dan

I had originally posted this low miles e30 M3 on my other blog in August earlier this year. It’s back on eBay and has already exceeded the highest bid of $20,100 (no sale) from the last auction. Take a look at this 1988 BMW M3 for sale on eBayMotors:

quote from eBayMotors listing:

THIS IS REAL 38,000 MILES 1988 M3 ,GARAGE KEPT, RECENTLY SPENT ABOUT 10K ON ALL BMW BRAKES,TUNE UP,A/C, ECT. RUNS AND DRIVE LIKE NEW, NEVER WRECKED,CAR IS IN GREAT CONDITION

In my previous post, I guessed that the winning bid would be around $25k. Considering brand new M cars are apparently immune to the sales slump, do you think this legendary M car will find a buyer this time?

dc

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5 Responses to “1988 BMW M3 w/ 38k Miles Back on eBay”

  1. #1
    Bimmerhead
    December 18th, 2008 8:04 pm

    E30 M3 prices have held up pretty good so far, but I don’t see them surviving the next two years very well. Really, its a pretty frivolous purchase and frivolity is going to take a kicking (Ferrari sales down 85% in November).

    I wouldn’t be surprised to see cars like this one going for $12,000 in the next 24 months, and high-milers for way under $10K.

  2. #2
    admin
    December 18th, 2008 8:15 pm

    $12k, really? I hope you’re right — and I hope my job holds together long enough to make an opportunity of it!

    dc

  3. #3
    Bimmerhead
    December 18th, 2008 8:20 pm

    Yeah, that’s the trick: having cash when nobody else does! Start saving now…

  4. #4
    Neil
    December 20th, 2008 8:32 am

    Well it ended at $23,950 but didn’t reach the reserve. If this guy is desperate to sell, it could soon be a real bargain.

  5. #5
    TjRubley.com » Late December Summary Post of German Cars and Rare Sportbikes For Sale
    December 28th, 2008 9:29 pm

    [...] 1988 BMW M3 w/ 38k Miles Back on eBay – in my previous post, I guessed that the winning bid would be around $25k. Considering brand new M cars are apparently immune to the sales slump, do you think this legendary M car will find a buyer this time? [...]

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PLEASE NOTE BEFORE LEAVING A COMMENT: I don't own or represent any of the vehicles for sale on this blog. Click all the links in the post to discover if the vehicle is still for sale. I don't have any further information if links are broken and will delete comments asking if a car is still for sale. Thank you for your understanding