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Old 07-15-2014, 03:52 PM   #1
hlrt_m3
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E36 M3/4/5 with HG issue: to fix and sell, or sell as is?



Hey guys,

Just wanted to hear some thoughts on this. I have a '97 M3 Sedan, which I haven't really been driving in the past few years (especially since an M Roadster was added to the family last year ) and this year I've decided it's not too wise to still keep it and decided it's REALLY, REALLY time to sell it asap.

However, I took it out of storage a few weeks ago and ... the head gasket didn't make it. It's sitting right now at the shop awaiting a decision whether to fix or not.

The car comes with a binder full of receipts and maintenance ($25-30K worth.. I'd have to check) and it's in incredible condition. It would be a good opportunity for someone to drop in an S54 or if they wanna do the work themselves and mod it up, but I also don't want to get ripped off on the car as is.

Here's the feeler thread from last year for pics, some of you might have seen it around: http://www.maxbimmer.com/forums/showthread.php?t=158117

So.. any thoughts between fixing and selling, or selling as is? there's also the option of dropping a new engine in for about the same money as fixing it (as per the quotes received) but I think the resale value would take a hit vs fixing it.
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Old 07-15-2014, 04:14 PM   #2
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that sucks to hear
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Old 07-15-2014, 04:15 PM   #3
hlrt_m3
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yup... flawless car in my years of ownership, but cars are meant to be driven, not stored
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Old 07-15-2014, 06:30 PM   #4
SickFinga
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Fix it and sell it or you going to lose money.
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Old 07-16-2014, 09:32 AM   #5
Gurvinder
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asking price as is?
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Old 07-16-2014, 10:34 AM   #6
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Quote:
Originally Posted by SickFinga View Post
Fix it and sell it or you going to lose money.
Agreed. Even then it is a hard sell at your old asking price. It would take time to find the right buyer.
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Old 07-16-2014, 10:50 AM   #7
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asking price as is?
9-10k As Is
13-14 fixed.
As nice as the car looks, IMO, that is an insane asking price.
Good luck to the seller, a red sedan is drool worthy.
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Old 07-16-2014, 10:56 AM   #8
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no no, that wish is long gone. I have a friend who gave me a good deal many years ago on a car who's considering it at 6, so I would post it for 7 as is, or give it to him.

10 fixed.
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Old 07-16-2014, 11:29 AM   #9
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It will take a while to sell it, trust me. I didn't come across a lot of serious E36 buyers out there.
I would seriously look at selling it as is for 6g's. If your doing the head gasket yourself and your not a mechanic, it's not a big selling point!

Best of luck, it's a great colour combo and looks very clean.
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Old 07-16-2014, 02:48 PM   #10
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that car is super clean. Ive seen it myself in person /almost bought it.
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Old 07-17-2014, 03:14 PM   #11
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Pm'd
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Old 07-17-2014, 10:04 PM   #12
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Very interested, PM'd.
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Old 07-28-2014, 09:49 PM   #13
hlrt_m3
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Thanks for all the response guys, car has been sold.
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Old 08-21-2014, 09:40 PM   #14
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OP forgot to update ad, I'm bored so....

Apparently the shop miss diagnosed the problem and the head gasket is fine compression is perfect. It was just a little low on coolant haha

Thanks again for the smooth transaction hlrt_m3 great seller.

Let me know when you wanna pick up your jumper cables they're still in my trunk and take the owner manuals
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Old 08-21-2014, 11:00 PM   #15
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ouch but if the head gasket is blown may take a couple days till the antifreeze level drops again so keep a eye on the level
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