I Bought the 858 Mile Interlagos EAG Car!

[asma123]

Congrats! Your car you do you. No judgement here I’m just a little confused.
So you have a higher mileage e92 m3 and you want to swap the mods to the newer low mileage one?
Would love to see the content!

[Ervin87]

Originally Posted by asma123

Congrats! Your car you do you. No judgement here I’m just a little confused.
So you have a higher mileage e92 m3 and you want to swap the mods to the newer low mileage one?
Would love to see the content!

No. Old E92 M3 will be waffled and new M3 is getting new parts . No swapping.

[Not Sure]

congrats. i wonder, though, will you eventually regret giving up your LMB for an IB? the colors are pretty different (and fwiw i think LMB is more timeless).

[EnVe46]

Originally Posted by Not Sure

congrats. i wonder, though, will you eventually regret giving up your LMB for an IB? the colors are pretty different (and fwiw i think LMB is more timeless).

The colors are NOT pretty different, this is from someone who had an IB E90 and has a Lemans now. IB is darker with more purple but the colors are very similar to one another in the sun and shade.

[Not Sure]

Originally Posted by EnVe46

The colors are NOT pretty different, this is from someone who had an IB E90 and has a Lemans now. IB is darker with more purple but the colors are very similar to one another in the sun and shade.

fair enough. i'm just not a fan of IB's purple undertone.

[jerseydirt]

I'm genuinely curious why you would pay a huge premium for an original, ultra low mileage car if you plan to modify and drive it? I completely get the desire to own and preserve original time capsules. I also get the desire to modify and drive cars. I'm just not sure I understand when these conflicting objectives intersect. I suppose if money is irrelevant then why not always buy the best. Is that the case here?

[Kingjames31]

Originally Posted by jerseydirt

I'm genuinely curious why you would pay a huge premium for an original, ultra low mileage car if you plan to modify and drive it? I completely get the desire to own and preserve original time capsules. I also get the desire to modify and drive cars. I'm just not sure I understand when these conflicting objectives intersect. I suppose if money is irrelevant then why not always buy the best. Is that the case here?

I don’t agree that these objectives conflict for everyone. They wouldn’t for me. Why not buy the car you want in the best condition possible with the specs you want and make it your own, if it’s financially responsible/doable. I would do the exact same thing. This idea of keeping the mileage low if it’s already low doesn’t make sense to me to be honest. I would buy a low mileage car because it’s hopefully in better shape and I have more miles I can put on theoretically speaking.

[Ervin87]

Originally Posted by jerseydirt

I'm genuinely curious why you would pay a huge premium for an original, ultra low mileage car if you plan to modify and drive it? I completely get the desire to own and preserve original time capsules. I also get the desire to modify and drive cars. I'm just not sure I understand when these conflicting objectives intersect. I suppose if money is irrelevant then why not always buy the best. Is that the case here?

The value of the car will always be there. The modifications are all bolt-on so easy to revert back to original.

Plus, his car and he can do what he wants. 😀👍

[jerseydirt]

Originally Posted by Kingjames31

I don’t agree that these objectives conflict for everyone. They wouldn’t for me. Why not buy the car you want in the best condition possible with the specs you want and make it your own, if it’s financially responsible/doable. I would do the exact same thing. This idea of keeping the mileage low if it’s already low doesn’t make sense to me to be honest. I would buy a low mileage car because it’s hopefully in better shape and I have more miles I can put on theoretically speaking.

The premium paid for low mileage is not linear. There is an extreme spike in price for extremely low mileage, as evidenced here. You can get a mint e92 with 15k miles, which is still ridiculously low for a decade old car, for literally half the price.
The first 10k miles driven in this car will cost Matt $5 per mile. I just don't get it, unless money is simply no object, in which case I do get it.
Again, not critiquing the purchase or the buyer in any way, just trying to understand rationale.

[jerseydirt]

Originally Posted by Ervin87

The value of the car will always be there. The modifications are all bolt-on so easy to revert back to original.

Plus, his car and he can do what he wants. 😀👍

That's just simply not true. Once you put 10k miles on this car it's a $70k car rather than a $120k car.

No one ever said he can't do what he wants, nor did I criticize his decision. As a fellow enthusiast, I just wanted to understand Matt's rationale and get his perspective.

[EnVe46]

Originally Posted by jerseydirt

I'm genuinely curious why you would pay a huge premium for an original, ultra low mileage car if you plan to modify and drive it? I completely get the desire to own and preserve original time capsules. I also get the desire to modify and drive cars. I'm just not sure I understand when these conflicting objectives intersect. I suppose if money is irrelevant then why not always buy the best. Is that the case here?

You obviously just don't know Matt, and that's ok. But this is just who he is. Money is irrelevant unlike most of us, to a certain extent. There's no use trying to explain it to someone who doesn't understand cause you never will. I happen to agree with you but if I had his money, Id do it to. Majority of his cars are not purchased with investments in mind, its to appease what he wants.

[reidetailing]

Money isn't an option when you drop over $35k on a F/R BBK...heck money is in his username lol

[JRF]

Originally Posted by jerseydirt

That's just simply not true. Once you put 10k miles on this car it's a $70k car rather than a $120k car.

No one ever said he can't do what he wants, nor did I criticize his decision. As a fellow enthusiast, I just wanted to understand Matt's rationale and get his perspective.

Modding the car and then returning it to stock form will definitely impact the resale value. Especially when there is a popcorn trail of the build on the interwebs.

Modding this perfect spec 800 mile unicorn versus modding a 20k mile equivelant makes absolutely zero financial sense...... UNLESS the money is completely inconsequential....which apparently it is in this case.....which is perfectly fine. God Bless the OP. I'm jealous.

[jerseydirt]

Originally Posted by EnVe46

You obviously just don't know Matt, and that's ok. But this is just who he is. Money is irrelevant unlike most of us, to a certain extent. There's no use trying to explain it to someone who doesn't understand cause you never will. I happen to agree with you but if I had his money, Id do it to. Majority of his cars are not purchased with investments in mind, its to appease what he wants.

That's right, I don't know him, which is why I posed the question here. If spending money is inconsequential to him then that's all the reason needed.

[SnohoRaptor]

As a customer and fan of OG and an admirer of what Matt has build chasing his dream, I get it.

One thing to consider is value added to this car- being owned and built in a very organized, thoughtful, no expense spared, and highly documented manner.

Now if I can only win the pending e92 giveaway . . .

[UPSROD]

He could play golf for his whole life and have nothing to show for it at all, but fun. Thousands and thousands of guys do that.

[ghostofsenna]

It's a business expense for him. Look at the content he plans to create with it.

[Frozen]

Originally Posted by ghostofsenna

It's a business expense for him. Look at the content he plans to create with it.

This. The majority of the guys on this site don't understand the business side of this. Or understand business at all. They're wage slaves.

Plus Matt isn't paying for the car, he's paying for the experience and taking us along the journey with him.

[Longboarder]

Has the car had its 1200 mile service or any service yet?

Porsche does mileage and time based services so it would have gone through 7 oil changes already...or about one oil change for each hundred miles driven.

[Bimmer Barney]

Laughing at the money is inconsequential comments. Nobody buys an E92M if money is inconsequential.

Going to be an awesome build! Why the Brembo CCM and not something even more racey?

[acarr6]

Originally Posted by Bimmer Barney

Laughing at the money is inconsequential comments. Nobody buys an E92M if money is inconsequential.

Going to be an awesome build! Why the Brembo CCM and not something even more racey?

Why's that? He has a GT4, GT4 RS on order, GT3 RS, Tesla, among other switch and go cars. Sure he doesn't have a 50M car collection, but spending 80, 100, or 120k on the M3 hardly has any relevance.

[skyw4lker808]

Originally Posted by jerseydirt

The premium paid for low mileage is not linear. There is an extreme spike in price for extremely low mileage, as evidenced here. You can get a mint e92 with 15k miles, which is still ridiculously low for a decade old car, for literally half the price.
The first 10k miles driven in this car will cost Matt $5 per mile. I just don't get it, unless money is simply no object, in which case I do get it.
Again, not critiquing the purchase or the buyer in any way, just trying to understand rationale.

I think the answer is very very simple….”because he can”