177k M3 - Would you buy? How much?!

Discussion in 'E46 M3 (2001-2006)' started by sdwalts, Jul 16, 2018.

  1. 16 Jul 2018 at 8:59 PM #1
    sdwalts

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    I'm probably going to be selling my M3 as a friend has offered me his E93 for a decent price. However, I'm not altogether sure how to price my car as I have yet to find one with such a high mileage for sale!
    It's a carbon black SMG vert, just over 177k miles and has regular service history.

    Here's a list of major items I've had replaced:

    2/14 Rear boot floor plated and resin filled
    6/15 New SMG pump
    7/15 Rear brake lines replaced
    3/17 GPS replaced
    7/17 VANOS overhauled + refurbed solenoid
    8/17 Clutch/flywheel replaced
    4/18 Head Gasket renewed and skimmed

    Other minor improvements like steering wheel re-trimmed, digital TV and DAB, Intravee and working bluetooth.

    MOT until 7/19

    General body work is in good condition but the front arches will need replacing in the future. The only real problems are cosmetic like worn seat bolsters and stone chips on the bonnet.

    Be brutal chaps. I'm just after a realistic figure.
     
  2. 16 Jul 2018 at 9:02 PM #2
    Hopz121

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    £7-£8k I would say considering the work it has had done.
     
  3. 16 Jul 2018 at 9:14 PM #3
    jamesr

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    £5.5 - £ 6k and you would be doing well especially as it needs wings. That is phenomenal mileage for a vert.
     
  4. 16 Jul 2018 at 9:17 PM #4
    Nunga

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    I’d have thought a leggy Cabrio without any of that work done would be worth 7-8k... It’s a very good buy for summer!
     
  5. 16 Jul 2018 at 9:20 PM #5
    E46CoupeM3

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  6. 16 Jul 2018 at 9:34 PM #6
    dsme

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    Think I have to agree with this because of the mileage and it should go pretty quick at this. Your market will be limited I reckon.
     
    Last edited: Jul 16, 2018
  7. 16 Jul 2018 at 10:02 PM #7
    sdwalts

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    Some interesting figures so far!
     
  8. 16 Jul 2018 at 10:04 PM #8
    jamesr

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    If you pull an offer for £6k snap their hand off. Have a look at some of the cars up for sale at the moment that aren’t shifting. Just be realistic, hopefully your mate is giving you a good price for the e93 so probably worth getting out of it as quickly and painlessly as possible.
     
  9. 16 Jul 2018 at 10:05 PM #9
    RevlisM3

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    Wings will be another 1k with the bonnet with paint. 100k convertibles are going for 8-9k.

    Yournhas had a fair bit of work. IF you find someone willing to buy it I reckon between 6-7k at a push. 180k will be quite offputting for a lot of people. How is the rest of the car I.e. tyres brakes suspension?
     
  10. 16 Jul 2018 at 10:36 PM #10
    cossie1

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    Real world price 6 - 6.5k

    Cutters price 10 - 12k
     
  11. 16 Jul 2018 at 10:36 PM #11
    R60BBA

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  12. 16 Jul 2018 at 11:02 PM #12
    turboman

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    Easily £6k ....But I'd hold out for at least 7k which is totally doable given the work done

    In fact if you want to sell for 6k drop me a PM
     
  13. 17 Jul 2018 at 7:32 AM #13
    M3Chas

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    It will break for more than £6k anyway :). I'd say £7k is fair, but of course values are subjective.

    Edited for accuracy. I thought the same thing; but there is alot of mismaintained crap out there run on a shoestring at this price bracket.

    A few decent cars do pop up at the low end but they are normally gone. That and fuel/travelling costs etc. soon eat into the budget. I've seen around 2 'verts go at CCA auctions and viewed around 3 recently with a friend of mine.
     
    Last edited: Jul 17, 2018
  14. 17 Jul 2018 at 7:42 AM #14
    M3Chas

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    You did have a 130k+ car up between 11-13k mind you, albeit in great condition with what seemed to be zero issues :).

    Was your car only worth £7k tops then?
     
    Last edited: Jul 17, 2018
  15. 17 Jul 2018 at 8:44 AM #15
    Dan320is

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    A cab' will struggle to compete price wise with a coupe with similar mileage and work needed - £6k tops. I know of two breakers who would buy it.
     
  16. 17 Jul 2018 at 9:10 AM #16
    sdwalts

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    Thanks but the thought of someone tearing her apart would break my heart!
     
  17. 17 Jul 2018 at 9:12 AM #17
    M4rius

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    £5-5.5k max . Almost impossible to sell with that mileage for decent money . I'm basically gave mine away with 145k miles .
     
  18. 17 Jul 2018 at 9:17 AM #18
    Caveman

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    Given the intergalactic mileage you need someone that knows their cars that is not put off by the mileage. Everyone else will see an old, very high mileage car with shabby seats and in need of some wings. There is some good value there but only if you can convince someone that the mileage will not lead to other big expenses...

    £5k to 6k

    You may get lucky and get a bit more if you get a keen,mechanically minded enthusiast who understands the value of the floor, etc.
     
  19. 17 Jul 2018 at 9:30 AM #19
    bennn

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    I wouldn't buy it because is an SMG convertible.

    I would consider one with that many miles but would have to be a low enough price.

    I can't see it selling for much more than £6k in all honesty and I'd that price I'd be inclined to hang onto it.
     
  20. 17 Jul 2018 at 9:50 AM #20
    Rayhan95

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    £5.5k would be bang on if the drive is spot on , glad to see someone who has enjoyed their car.

    GLWS
     

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