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Author: Carter

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VRffordable Double Take: 1997 Volkswagen GTI VR6

Update 2/6/2018: After selling in November for $2,250, the new owner of the Candy White GTI is selling it with an uninstalled turbo kit asking $2,900 now.

Tired of seeing high prices for Corrado SLC VR6s? Today is your day, because nearly all of the fun offered in the 6-cylinder Corrado was also slotted into the GTI. For a hair under $20,000, you got the same thrilling 2.8 liter VR6 mated solely to a 5-speed manual. Did you want an automatic? Well, then buy the Jetta. Sure, that motor and the bigger body of the Mk.3 meant it was quite a bit heavier than the previous GTIs had been – by 1995, the ‘hot hatch’ had bulked up with 700 additional lbs of super-weight gain Mk.3000 versus the A1. But faster? Without a doubt. With nearly double the horsepower of the original U.S. market model, 0-60 was sub 7-seconds and you could hit 130 flat out. Coupled too with VW’s ‘we don’t care if you think it’s broke we’re not going to fix it’ styling attitude, the Mk.3 might have not looked as slinky as the Corrado, but underneath it was still a Golf and as such, practical.

So while the Corrado pretended to be a Porsche, the GTI remained the answer to the ‘what if’; you wanted a Porsche, but you a) didn’t want to (or couldn’t) pay for a Porsche, and 2) you occasionally needed a car that you could actually use to transport things other than your smile. This was the recipe that made the first two generations successful.

It was no surprise then that the third generation GTI remained a niche hit for Volkswagen even in relatively dire times for European imports. While finding a nice GTI VR6 can be quite difficult, it was a bit of a Thanksgiving treat to see two pop up in my feed. So which is the winner?

CLICK FOR DETAILS: 1997 Volkswagen GTI VR6 on eBay

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Hammertime Updates

Since our last value guide update in December, we’ve seen some really interesting results hit the market – perhaps helping to both redefine it, too. That didn’t necessarily mean all the entrants were market breaking; a slew of affordable 924/944s, two nice R129s, two budget supercharged Corrados and a good deal on a 540i Touring helped keep enthusiasts hearts afloat in this ever-increasing bubble. Speaking of, wild prices were seen for the 911T Targa at $313,000 and the Audi Quattro hit a little below my expectation – but still high for the model – at over $80,000. I have to admit I was a bit surprised by the “low” price of the ’88 M3 for under $40,000, but I was equally surprised by the bids on the cloned Alpina that crested $23,000 – big money for any of the E32 generation. A few 911s capped the sales, and it should be noted that our reader Howard S nailed the price on that ’86 930 – he was only $1.00 off! Well done!

-Carter

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1995 BMW M3

Update 9/15/18: This M3 remains available at $8,500

An interesting counterpoint to yesterday’s no reserve M3 is, obviously, how much other generations of M3s cost. Like yesterday’s E30, today’s follow up needs little introduction as it’s been a fan favorite since day one. So how does this car compare to yesterday’s market hero?

Well, on paper the E36 is a better car. It’s quicker because it’s got more power. It’s cheaper to maintain. It’s no less adept in corners. And while it wasn’t quite the benchmark on international courses that the first generation was, the E36 was no slouch at the track either and is still a favorite weapon of amateurs and professionals alike.

This particular M3 stacks up pretty well against yesterday’s car. As with yesterday, it’s claimed to completely original though it’s clearly had some modifications. It’s also got about the same mileage at 126,500. And attract attention? Surely few will have difficulty spotting you in the stunning shade of Daytona Violet, here equipped with manual black leather Vaders. But the key yesterday was price, and here it is again:

CLICK FOR DETAILS: 1995 BMW M3 on eBay

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Litmus Test: 1991 BMW M3

Update 4/20/2018: After showing sold again at no reserve for $46,400, this 1991 M3 is back again on a new no reserve auction. Bidding is currently much lower, but I have a feeling that even if you’re the high mark at the end there might be shill bids involved here.

Update 3/28/2018: Although it was listed as no reserve and sold at $39,900, the 1991 M3 I looked at in February is back again on a no reserve auction. With a day to go, bids are already in excess of February’s auction. Will this one actually sell this time?

I’ll refrain from my typically verbose introductions, as even the few who only occasionally peruse our pages will need to hear about how, when, or why the E30 M3 came about. There’s not really much point in talking about the mechanicals, either – ‘S14’ has become nearly as recognizable as the chassis designation. Nor is this particular M3 a special edition, limited run, or race car. It’s not completely stock, it’s not perfect, it doesn’t have super low mileage, and it’s not the best color combination. No, there’s really only one reason to talk about this car. Price.

For a while it was only really outstanding M3s that were bringing big bucks. Pundits called it a bubble that was due to burst at any moment. I’m not here to say they’re wrong; it certainly does seem unsustainable. But, then, the U.S. economy also is pretty unsustainable if you boil it down to some basic facts, yet it seems to keep on rolling. And just two weeks ago another (albeit low mileage) example sold for $102,000. So today’s M3 is particularly interesting not because it’s the best or most rare example out there, but because it represents a much greater majority of the pool; cars that were driven and modified, even if only a bit, from their stock configuration. Yet unlike nearly all that are for sale today, the seller of this car has taken the brave step of testing what actual market value is:

CLICK FOR DETAILS: 1991 BMW M3 on eBay

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BiChance: 1991 Alpina B10 BiTurbo

Here we are a week after looking at the 1990 Alpina B10 BiTurbo, and by chance, we get to look at a second BiTurbo. Last week’s was seriously suspect; there were alarm bells throughout, as major chassis issues and incongruous details were capped by a seller clearly looking to deceive the market. At first glance, there’s some cause for concern here, too, as we’ll see in a moment. Is this the case of another crestfallen hero, or does this super sedan hold true to its heritage?

CLICK FOR DETAILS: 1991 Alpina B10 BiTurbo on eBay

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