The 1994 BMW 530i we featured last October is back up for the sale at the same ask of $9,900. If you’ve hankered after the chance at a clean example of one of the most handsome 5 series to date with an eight cylinder engine under the hood, you’ll want to take a second look at this sedan.
Category: BMW
Of all of the BMWs that have come and gone over the last two decades, the E39 5 series happens to be one of my favorite, ranking right up there with the E38 7 series and iconic M Coupe. While there are still a good number of clean, low mileage M5s circulating around, these come with a high price. However, if you are willing to sacrifice a bit of performance but maybe want something a bit more tame and reasonable on the wallet for daily use, this 530i for sale in Florida should work just nicely. Finished in Blue Water Metallic and sitting on Style 42 alloys, this low mileage beauty is bound to make some Bimmer enthusiast happy.
CLICK FOR DETAILS: 2002 BMW 530i on eBay
5 CommentsFor someone who claims to “not get” fast convertibles, I’ve sure managed to post quite a few recently. This one particularly caught my eye first because of the color combination. Imola Red was on the short list of acceptable E46 M3 colors in my search, particularly so when equipped with Imola on the inside. Now, truth told the convertible configuration of this car would probably have turned me off from actually signing on the dotted line, but this car has a lot going for it including $28,000 worth of Dinan modifications. Let’s take a look:
CLICK FOR DETAILS: 2001 BMW M3 Dinan S3 Convertible on eBay
3 Comments
We may no longer be able to day dream about owning an E30 M3, but we can at least take a moment to pause and reflect that we’ve been observers of one of the most insane rises in values ever. According to Hagerty, over the last 5 years Councours and Excellent values have increased fivefold, while Good and Fair values have merely tripled. If you took $20k out of the stock market in 2011 and bought a nice E30 M3, your money would have performed over 10 times better than staying with Dow Jones. And that’s during the period of huge economic recovery – DJIA was barely 12,000 at the beginning of 2011.
(E30 M3 Values – Concours, Excellent, Good, Fair)
(Below, the black line is the DJIA)
With that in mind, we must accept that even extremely high-mileage E30 M3s like this 1988 Hennarot example are reaching $40k. It spent almost all of its life with an older woman in SoCal, being well cared for with a high quality repaint in 2009. The current seller is just the second owner and has allegedly owned over 60 BMWs, including 2 other E30 M3s. His fiancée is making him get rid of it (but he’s keeping the new M6, 1M, and 330i ZHP…). It doesn’t sound like money is an issue here and I’m sure the $38.5k asking price is more than he bought it for. But even if E30 M3 appreciation slows down, wouldn’t it still be worth it to pay for a storage garage and let it make you money?