Happy Friday everyone! It’s time to take another trip down Fail Lane, this time focusing on a first-year E36 M3 that has covered just 57k miles. It’s pretty much perfect in white on DS1s, some of my all-time favorite wheels. Inside, black Vader sport seats flash the M colors and everything looks as good as could be hoped in an E36. So, sounds like a really nice lower-mileage future classic, albeit one of about a million right?
Well, folks, we’ve discussed at length the crazy rise of ///M values, with the early M cars leading the way and just about all the others benefiting from the rising tide. As E30 M3s head to the strong side of $50k, a newer model must be better, right?! We all know that’s not the case, as the E36 M3 has in fact remained amazingly reasonable and is one of the best performance values on the market. The Lightweight models have reached into the $30ks and $40ks, but you can get really nice, standard M3s for low-to-mid teens. One with 20k miles might crack $20k, but this seller is asking almost $37k for a car that is, at best, worth half that. “The prices of these cars are rising everyday,” he says. He also thinks he can throw a football over them there mountains, go invisible whenever he wants, and play guitar better than Prince.
You’re wrong, dude. So incredibly, failingly wrong on this Friday.