Click to go to Forum Home Click to go to maXbimmer Home

Go Back   maXbimmer Forums > maXimum Tech > 3 Series > E36 (1991 - 1999)
User Name
Password


Welcome to Maxbimmer.com!

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

Reply
 
Thread Tools Rate Thread Display Modes
Old 09-09-2010, 09:04 PM   #1
CSEmoses
1st Gear Newbie
 
Join Date: Aug 2010
Location: Victoria, BC
Posts: 29
need some advice re: purchase & history

Hi folks,

Looking at a '98 M3 sedan, 115k, for ~$14.5k

In speaking with the owner, he said no accidents.
Ok, so he doesnt know of any, right?
I just did a carproof, and it has the following:
Claim Date: 2004-07-08
Type of Claim: COLLISION
Amount Paid: 8271.72
Nature of Payment: REPAIRS


so... in 2004, an $8k paid by ICBC accident is what on an M3? a super nasty crash, or a bumper, fender, headlight cluster, front spoiler, and some paint?

Do any of you know fo a way that I can get details on that accident?

I was planning on taking a ferry to see the car this weekend, but this puts the red flags up ya know?

Should i still go test drive it, and get it inspected? or just move on?

Advice would be appreciated!

This is the car, if anyone recognizes it...
CSEmoses is offline   Reply With Quote
Old 09-09-2010, 10:30 PM   #2
1BADBMR
6th Gear Member
 
Join Date: Mar 2002
Location: Toronto
Posts: 1,622
Wow $14 grand for an '98 ///M3 seems a bit pricey to me. And 8 grand in damages? That doesn't sound like a little fender bender to me. It must have been something serious.
I would pass on this car and keep looking.
__________________
_____________________________________________
98 M3 Sedan
06 Yamaha R6 (SOLD)
04 Honda Civic (Beater)
93 318i (SOLD)
1BADBMR is online now   Reply With Quote
Old 09-09-2010, 10:40 PM   #3
CSEmoses
1st Gear Newbie
 
Join Date: Aug 2010
Location: Victoria, BC
Posts: 29
i dunno man, 14k seems ... ok... for a car with 115,xxx KM's on it to me. Sorry, i guess i shoulda mentioned that it is a sedan with a 5spd (bonus)

Ya, my gut is saying pass on this car too.
CSEmoses is offline   Reply With Quote
Old 09-09-2010, 10:59 PM   #4
Eurostyle
MaXsponsor
 
Eurostyle's Avatar
 
Join Date: Feb 2002
Location: Milton
Posts: 14,924
Most insurance estimates are WAY overpriced. If they say $8K, it was more like 2K! Best thing to do is bring it to a good BODY shop for inspection.
__________________
BIMMER HEAVEN
Specialized in BMW recycling, all OEM used parts
Up to 90% off new cost!!!
Most models E30 E36 E46 E90 E92 E34 E39 E60 E32 E38 E65 E66 X5 M3 M5


Call 11-8PM 416 821-2578
New inventory daily. 50+ cars in stock!
Eurostyle is online now   Reply With Quote
Old 09-09-2010, 11:05 PM   #5
CSEmoses
1st Gear Newbie
 
Join Date: Aug 2010
Location: Victoria, BC
Posts: 29
I was gonna take it to a bmw specialist, Nixon Automotive.

I'm just thinking i'll pass, unless ya'll can convince me otherwise.
CSEmoses is offline   Reply With Quote
Old 09-10-2010, 12:12 AM   #6
CSEmoses
1st Gear Newbie
 
Join Date: Aug 2010
Location: Victoria, BC
Posts: 29
wtf?
CSEmoses is offline   Reply With Quote
Old 09-10-2010, 11:14 AM   #7
CSEmoses
1st Gear Newbie
 
Join Date: Aug 2010
Location: Victoria, BC
Posts: 29
Anyone else have an opinion on this?
CSEmoses is offline   Reply With Quote
Old 09-10-2010, 11:15 AM   #8
MarkD
Banned
 
MarkD's Avatar
 
Join Date: Apr 2002
Location: In Your DME!
Posts: 2,414
Quote:
Originally Posted by CSEmoses View Post
Anyone else have an opinion on this?
Too much for a car with that accident history. You can probably find a nice e34 M5 for the same or less in BC, if you are interested in one of those.
MarkD is offline   Reply With Quote
Old 09-10-2010, 01:27 PM   #9
SiR
Vtec just kicked in
 
Join Date: Apr 2002
Location: TO
Posts: 2,722
i agree. id walk away

you are in bc. you have a plethora of jdm euro m3's available to you for a good 3-4k less than that guy is asking.
__________________
-||Old Crayons||-

Last edited by SiR; 09-10-2010 at 01:29 PM.
SiR is offline   Reply With Quote
Old 09-10-2010, 03:45 PM   #10
CSEmoses
1st Gear Newbie
 
Join Date: Aug 2010
Location: Victoria, BC
Posts: 29
I'm not interested in an M5, as they seem like they would simply be too hard on fuel.
There sure are some sweet ones available though.

Where you seeing all these euro M3's about SiR? Don't they generally have poor maintenance levels?
I'm specifically looking for an E36 M3 Sedan with a 5speed.
CSEmoses is offline   Reply With Quote
Old 09-28-2010, 08:53 PM   #11
CSEmoses
1st Gear Newbie
 
Join Date: Aug 2010
Location: Victoria, BC
Posts: 29
bump for a bit of an update.

The owner emailed me back, and has dropped the price to $12.5k.

Should i get it inspected for a few hundred bucks? if it is up to snuff after the inspection, would paying $11k seem a decent value?

... I dont have enough experience to know why folks walk away from cars that have accidents on them. What're the issues that result, even after it's been repaired properly?

The only other two cars i've found in canada that are sedans with a 5sp are:
185k for $15.9k (alberta)
and
51k for $20.9k (bc)
both no accidents, which is nice... both black on black sedans, with 5spds.

Last edited by CSEmoses; 09-28-2010 at 08:54 PM. Reason: bump added
CSEmoses is offline   Reply With Quote
Old 09-29-2010, 10:47 PM   #12
iverson03tj
5th Gear Member
 
iverson03tj's Avatar
 
Join Date: Oct 2009
Location: Toronto, Ontario, Canada
Posts: 928
If he dropped it that much.. i think he is hiding something... most people that own a decent car wont drop the price unless they know they cant sell it for that price, either because he needs the money or because he over valued the car hoping to get more, or because no one is buying it because there is something wrong with it... but y dont u just take a road trip to cali n get a clean m3 with no winter time on it, i heard u can get a 1995 or 1996 one from the states n it only takes 45 mins to import it since its 15 years old...
iverson03tj is offline   Reply With Quote
Old 09-29-2010, 10:52 PM   #13
CSEmoses
1st Gear Newbie
 
Join Date: Aug 2010
Location: Victoria, BC
Posts: 29
I'd really like to avoid importation.

The owner said he checked all the panels, and VIN's match (not sure of hood and trunk atm though) so 4 doors, all fenders, etc.

He's completely willing to have it taken to a BMW specialist, locally, which would cost me around $250 including a compression test.

I'm just not sure if this would be a complete waste of time.

I dont know what kind of damage can cost $8k on a 6 year old M3 that doesnt warrant replacement of fenders or doors. Maybe a pole collision front center?
CSEmoses is offline   Reply With Quote
Reply

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -4. The time now is 12:21 AM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.