Reasonably-priced E30 M3

There’s quite a few E30s for sale around the internets right now, more than I’ve seen in a while. The problem? Despite an increase in supply, prices aren’t going down; most are $17k and above. So while I’d love to post about a glorious 110k-mile relative creampuff with Evo 2 bits, I’m personally more interested in the M3s that are more within reach. Hence my excitement at finding a clean M3 for just $11,000.

1988 BMW E30 M3 for sale on SF Craigslist

Unfortunately there’s a dearth of pictures, but I still think the listing does a decent job of portraying this as a well-used (175k miles) but clean M3:

picked up the car April 23, 2010. I’ve put on ~500 miles since then.

I have recent PPI report, smog check, about 75 pages of receipts, and carfax available (all from previous owner).

– $11,000
– ~175k miles
– Hennarot
– Tan interior
– Has been resprayed, not in showroom condition, minor rust on sunroof and where front windshield meets the hood
– Looks/drives great
– Located in San Francisco (can meet in SSF for a test drive to avoid driving the hills)
– Local pick-up only

Reason for selling: Moving overseas in the semi-near future.

Yeah, it’s a lot of miles, and I’m sure an inspection of the interior would reveal a worn drivers seat and maybe some other foibles, but the exterior and engine look clean enough. In my book, $11k for any clean-running M3 is a great deal and I’m wishing I could fast-forward a year to when I’ll have that kind of funds. Ideal entry into E30 M3land.

-NR

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One Comment

  1. Don’t know if anyone notice: Where is the fan and its shroud in the picture? I saw this car on Craigslist more than six months ago for pretty much the same price. It appears on s14.net a few times as well.

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