Discussion in 'M3 CSL / M3 GT and other Limited Editions' started by ScottBacon, Jan 9, 2019.
Okay ridiculously overpriced then.
Sorry Scott. Market was really strong last Feb when I was looking to sell mine for north of 20k. IMP on here directed me to a specialist dealer who offered me 19k cash and stated it would retail for 23-24k. We spoke about it and you know it had a full service history, lowish miles and owners
So that’s an idea of what traders might offer and the mark up. The most offers I had was when I had the car up for 19k. I think that’s where the market is, high teens low 20s
If the RACP, Vanos and head gasket isn’t done that’s a few grand to budget for too
The argument around whether a car is overpriced or not can go on forever, just look at indicated and actual sales prices which we can all verify on here.
What is true is that m3 CS’s have historically demanded more than an equivalent e46 m3. This is demonstrated from what these cars have exhanged hands for thoroughout these threads.
If you look at CAP and WBAC, they will still offer good money for m3 CS’s compared to a similar m3 of that age. This is why people are able to sell them at these prices.
To say that the m3 CS can be replicated by changing the steering wheel, rack, wheels etc is partly true but it will never be an m3 CS and ultimately that’s the crux of it. You can extend this to the CSL (flame suit on, I have had one and it’s a brilliant car) where you can replicate it with airbox, interior, f&r bumpers, wheels, cups, carbon roof etc etc and get 8/10ths of what a CSL feels like.
Let me share an example - e30 m3’s. I was in the market for one in 2003/2004 and eventually settled on standard version. However, there were other special editions, cecotto, roberto
Ravalglia, Evo1, Evo 2 and Sport Evo’s. The same argument was tabled that, with the exception of the sport evo, really, they were all the same just with interchangeable parts.
To conclude, M3 CS low build numbers are what makes it a rare, desirable, useable and affordable m3 compared to the other option, a CSL, and will likely continue to be a good bet for someone who wants something a little special.
The E46 M3 CS is a great car and is essentially a last-of-the-kind special of the E46 M3 improving the weaknesses road testers tended to say which were the steering and the brakes.
It is a largely unknown model to a lot of enthusiasts and is overshadowed by the M3 CSL. However, importantly for the keen driver it is available with a BMW MANUAL Gearbox. I believe there are around 96 such as examples in the UK.
Being a late model they tend to have the littl improvements manufacturers have made over the product life cycle.
It is a fantastic car and highly regarded by the likes of The EVO Magazine, Autocar, Chris Harris etc.
Yes you can build one for cheaper. Special edition models tend to be more priced strongly than their less illustrious sibling. This can be seen in many marques and should you want value for money go for the less illustrious sibling the bare bones model, the E46 M3 or E30 M3 instead of E30 M3 Sport Evolution or the 360 Modena instead of 360 Challenge Stradele.
The FACT is people are generally willing to pay a premium for a late M3 CS so they are selling. Although car prices as a whole are stagnant currently. It just seems like there are a lot of haters who didn’t have the foresight or wisdom or wish they had one.
Those that don’t want one don’t buy one. Those that do buy one. The two camps will never agree.
Very true Pony