Evo Sport for Sale

Did anyone spot the Evo Sport for sale in this months BMW Car mag, low milage less than 2km for £38950!!!!!!!!!!!!!!!!!!!!!!!!!!

Is it me or is this just getting stupid.

You might as well buy the new shell off ebay and buy all new parts from your local bmw dealer and build a BRAND NEW one for less money. Any one fancy a challenge as i think this would be fun and profitable.

Craig

1990 M3 Sport Evo

1988 M3 Dog

2002 330d Sport Touring

It's the Vodtek ad on page 136.

This car actually has -2km (negative 2km) on it. Around this era BMW's were manufactured with about -5km (negative 5km) on them so after being driven around the factory and then PDI'd the car would have 0km on them, so basically this car has done about 3km (I guess you can consider this car brand new, as long as it has been stored well).
This is the same dealer (Vodtek - Chris Wadsley) that had the one that sold for 29,000, it had 2,000 Miles on it.

Edited by AC79xxx

The beers will be on Waddo then

So if people won't use them because of cost/value, how come we see new CSL M3s on track already?? You have to remember that for some lucky people wanting a particular car is enough reason to buy it, money is readily available and they don't have to "ask permission"!

We are only talking about the top 1-2 % of E30 M3s here, we all hear of and know some people who can and do spend that sort of money. What we have to do is enjoy our cars and maintain a balance on cost/value for ourselves. The main reason we buy and enjoy M3s is the fun we have driving them, lets not forget that.

Sorry, but you'd want to be off your head to pay that sort of money. Granted when i buy a car i try to find the best example available, but for that money it would want to be brand new. I think if i had that sort of money to spend on Munichs finest, then a second hand E46 M3 and mint E30 M3 would be more like it.

Whats the point if its not goin to be used, unless its goin to a millionaires private collection or some similar sad git with too much cash.

Well let's look at it this way...

If this guy drives it an average of 5,000klms for 10 years - what's a good guess at  25 year old Sport Evo with 50k on it?

Now if you bought a new E46 and drove the same - what is it worth in ten years?

Seems to me there would be more depreciation with the E46.

Now granted, the price here is certainly on the high end, however, all things considerred - what an exciting toy!

Cheers,

Jim

Maybe its been clocked! (Only joking)

Perhaps the buyer sees it as a long term investment and does not want to drive it!!!!!!!! What might it be worth in 75 years time?

1929 7.1-litre Mercedes-Benz 38/250 Model SSK - Sold for £4,180,000

Check the link for more details (it was the first site I came across)

http://www.classicdriver.de/uk/magazine/3500.asp?id=12172

just don't follow the reasoning in this thread

wot do you expect a virtually new, sought after model to command in the market? A typical, average, second hand price?

why is it mad for somebody to pay that price? it's their money we're talking about, not ours...

the test of value is the open market, not our opinions on here...

why get so up tight about the value dropping if the buyer uses it? millions of people lose thousands every year by buying new cars and using them

the sport evo was very expensive new - if a virtually new one is available then it makes sense for the price to be high

the point is that generally e30 m3's represent fantastic value - you get a lot of car for the money...just puzzles me when people get bent out of shape because a minter commands an unusually high premium - wot is so difficult to understand about this??

why are you all so punchy about collectors who don't use their cars as often as you all think they should??

does anyone question how often we use ours?

i've lost count of the number of threads on here that miss the point about these cars - they are no longer part of the mainstream where miles histories etc determine value in the same way as a 4 year old focus

who cares if you all think it's ridiculous?

why are millionaires sad gits?

relax everyone and enjoy your own cars....

Franky IMHO if someone wants to pay that sort of money for what is probably getting on for almost a unique vehicle with that mileage good on them. I don't see why they should be criticised any more than someone with an unused 'Penny Black' stamp. You wouldn't tell him to stick it on a letter and send it now would you? 

The person who buys it will probably have a couple of other E30 M3s anyway for thrashing around if he's that much of a fan of the car and not short of cash.