Quote:
Originally Posted by DrFerry
DRLane Given the extensive list of mods, on top of the car's value and the Harrop SC, I'd say a fair price is towards the very top of your $55K-$65K range - or even higher. Let me explain: It might be worth adding up the cost of all the mods, then discounting that total some flat percentage to confirm the estimated range of value is reasonable.
Suppose you've got around $60K to 80K in mods and the car itself is worth $27K to $35K (my estimate) then if we applied a 'used mods' discount of say 40% to their retail price then we get (($60K to $80K) X 0.6) + ($27K to $35K) = ($36K to $48K) + ($27K to $35K) => Sales value range of = ($63K to $83K). Discounting the mods by 50% would yield a range of ($57K to $75K) - and I'm just guessing at the total cost of your mods list and ball parking the cost of a used 2008 E92 M3.
Anyway, I hope you understand my pricing approach logic, because the total turn-key package might actually be worth a little more than the top of your stated range IMO.
PS: Not to mention the cost of the labor paid to have the mods installed.
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It’s hopeful, but I like it! Luckily this isn’t a financial based need, and thus the timing isn’t as sensitive. So I’m not sure which route I’ll go although I think sometime over the next year will be appropriate (especially if we seriously pursue the WRL team).
Going to finish out some really nice upgrades through spring:
1. The headers (I know folks have differing ideas here), but these should make a considerable improvement to all temps.
2. Rebuilt wiring harness
3. Fire suppression
4. Paint the interior so it’s uniform vs the splotch mess
5. Have the Carbon foot well tray
6. Trim down the dash and likely flock
7. Maybe replace all the glass to lexan options
8. Finalize my custom carbon oil cooler ingress ducting (waiting for this from the composite guy)
😂 I’m clearly addicted. Which is why at some point I have to stop.