not my car- Melbourne red e90 comp package slicktop DCT for sale

[dantm3]

BIMMERPOST / Classifieds

Asking Price:

USD 30,000.00

Item Interest

Not my car but was at my local dealer and saw this car for sale. I have been on the hunt for a melbourne e90 m3 and was super excited until I saw it was a DCT with limited info on bearings or actuators. These are hard to find, so I am posting here in case anyone s looking- no affiliation with sellers...

https://www.bmwofsouthaustin.com/use...1ba5e78663.htm

[dantm3]

Pics

[jeff@autocouture]

has an accident, doesn't seem major but 4 owners + accident its not worth 30k

[E90Hunter]

Yup 100% agree with that Jeff, not worth 30k. More like mid to low 20's

[MikeyDawg]

Originally Posted by E90Hunter

Yup 100% agree with that Jeff, not worth 30k. More like mid to low 20's

I am in the market for an e90 and trying to decide what a good price to pay has been challenging due to the wide variations in asking prices on here and the dealer market.

Most everything is priced above KBB... do M owners consider KBB at all (other than if they can get financing)?

Perhaps you can tell an overpriced M by how long it stays on the market, but many sellers seem to be content keeping cars on the market for months at a time without lowering the price.

[Properstyle]

I don't see number of owners by any means being affect on value. THHE 997 market is a direct reflect of thise 1-2 owner cars priced the same as 4-6 owners. miles and wreck history mean more.

[Ab28]

Originally Posted by MikeyDawg

I am in the market for an e90 and trying to decide what a good price to pay has been challenging due to the wide variations in asking prices on here and the dealer market.

Most everything is priced above KBB... do M owners consider KBB at all (other than if they can get financing)?

Perhaps you can tell an overpriced M by how long it stays on the market, but many sellers seem to be content keeping cars on the market for months at a time without lowering the price.

I think KBB is a good measure for run of the mill cars like Toyotas, Hondas, and Jeeps that fall into a standard category of miles driven and age.

KBB is quite off base for the E9x cars. Due to the E93 being more expensive than the E90/92, it thinks that's how they're priced in the used market. Go use the calculator and you'll see.

In reality it's the opposite...E90>92>93 all else being equal

At this point in time there is such a massive gap in pricing due to condition and mileage I wouldn't really put much faith in their estimates.

They have my E39 M5 priced in the mid-teens. I've been offered $40k+ on more than one occasion.

[BayE30]

MR on FR interior is pretty rare spec, i almost bought an m3 with same spec early last year from San Diego, CA. It will probably sell for what they want, but in reality its a ~$27k car. Maybe $30k all in is pretty realistic.

[PYE46M3]

Originally Posted by Properstyle

I don't see number of owners by any means being affect on value.

of course it affects the value. an 8 year old car with 1 owner was probably babied and well cared for. an 8 year or car with 4 owners was probably beat, abused and neglected like a hooker everyone had a couple sessions with. Makes you wonder why 4 people decided to get rid of it.

2 owners on E9X platform is acceptable IMO, more than that starts to drop the value. CarFax doesnt put a huge 1 on one owner cars for nothing.

[cvstar9M3]

30k for this car is a stretch in my opinion w those specs. slick top is nice for sure but red one red is hard sell imo and 4 owners doesn't help for sure. Nice car for sure though. I'd pay may be 27.

[EnVe46]

Originally Posted by PYE46M3

of course it affects the value. an 8 year old car with 1 owner was probably babied and well cared for. an 8 year or car with 4 owners was probably beat, abused and neglected like a hooker everyone had a couple sessions with. Makes you wonder why 4 people decided to get rid of it.

2 owners on E9X platform is acceptable IMO, more than that starts to drop the value. CarFax doesnt put a huge 1 on one owner cars for nothing.

The number of owners don't always tell the story. I bought a truck, one owner from a dealer. To get the deal I wanted they had me finance through them. 3 months later, I refinanced. Carfax showed another owner. This is one example of many where multiple "owners" can be one. Like a lease then buy out will be two owners.

Also, this assumptions that a one owner car is babied is completely false. It's like saying a girl who has had only been with one guy, but for 7 yrs, is in any "better" shape down there than a girl that's been with four guys over that same time frame. Lots of factors there that can determine the difference. Assumptions should never be made when it comes to females or cars, a thorough inspection is best 😁

[cognoscenti]

Red is something that fewer buyers may want overall, but that is super hard to find for those of us who do. To put it in perspective, there were VERY low production numbers of LCI sedans in Red. E9x Production Stats show 126 Melbourne Red E90 LCI cars total in North America, which was only 3.5% of total LCI E90 M3 production. Slicktop is even more rare. Is this a single hump car? If so, the slicktop+no nav+DCT combo would make it a good track car candidate, IMHO. Not everyone wants to heel & toe like me and other 6MT zealots!

[wfdeacon88]

 "Impeccable ride, handling, and steering; powerful and quiet turbo sixes; fuel-efficient base mill; basically everything about the M3, especially its V-8."

quote from the dealership. lol

[PYE46M3]

Originally Posted by wfdeacon88

*"Impeccable ride, handling, and steering; powerful and quiet turbo sixes; fuel-efficient base mill; basically everything about the M3, especially its V-8."

quote from the dealership. lol

BMW dealer at that too

[CSBM5]

Originally Posted by lat77

I think KBB is a good measure for run of the mill cars like Toyotas, Hondas, and Jeeps that fall into a standard category of miles driven and age.

KBB is quite off base for the E9x cars. Due to the E93 being more expensive than the E90/92, it thinks that's how they're priced in the used market. Go use the calculator and you'll see.

In reality it's the opposite...E90>92>93 all else being equal

At this point in time there is such a massive gap in pricing due to condition and mileage I wouldn't really put much faith in their estimates.

They have my E39 M5 priced in the mid-teens. I've been offered $40k+ on more than one occasion.

Exactly! Sources for pricing like KBB will continue to be further and further away from the actual market for true excellent condition E9x examples as time goes on, and this is just now really getting started with E90 M3s with excellent provenance (which I wouldn't call this subject car with wreck history and high mileage...although it is exceedingly rare in MR, ZCP and slicktop). My 2001 E39 M5 with 66k was shown by KBB to be mid-teens also, and after working with a super serious buyer for over a month, he finally counter offered my $33k ask with $27k proclaiming I'd never get more for it. Two weeks later I sold it at auction on bringatrailer for $34k/$35,700.

KBB currently values a 400 mile E39 M5 at $20k. One just sold at a Gooding auction for $176,000. Since we're on E39 M5s topic, Hagerty just started a pricing guide for each model year on their site after being woken up by the Gooding auction result.

[CSBM5]

Follow-on thoughts on this subject car. The Carfax entry says:

"Accident reported
Vehicle involved in a rear-end collision
It hit a parked motor vehicle
Vehicle functional
Vehicle driven from the scene"

This is somewhat promising since you'd assume if it was driven from the scene the damage was light enough to not cause issue with the radiator and/or oil cooler. It's probably worth a close inspection of what was replaced for interested parties. It could be something as simple as the bumper cover was replaced; without an inspection it's all guesswork, but there is at least a good chance it was minor and no big deal. It's unclear if it was front or rear damage also...I suppose it could have been backing up when it was involved in a "rear-end" collision. Must inspect it in person to know.

It's also a very late E90 build (08/2011) fwiw.

Definitely worth a look for anyone interested imo. Negotiate a deal, drive it for a year and put it on BaT.

[jeff@autocouture]

I wasn't trying to deter anyone from buying a well sought out spec'd car (for forum people). Simply just putting some facts out there from the carfax. I agree with some about the number of owners not being the end all here but from my experience around these cars generally you get a much better and extensive service history if less owners are involved. I got lucky with my last e90 as the owner before me had kept every service record as well as keeping all the records from the first owner. Generally more owners = lost service records from the previous.

The accident info to me seems like the owner of the e90 was backing up, bumped into someone and they went through insurance. Probably nothing major and maybe didn't require anything but a refinish of the rear bumper. BUT, an accident for resale purposes lowers value. I know some might argue that but working at multiple dealers for years it always came up and dropped value on cars traded in and sold.

just my .02

[Ab28]

Originally Posted by CSBM5

Exactly! Sources for pricing like KBB will continue to be further and further away from the actual market for true excellent condition E9x examples as time goes on, and this is just now really getting started with E90 M3s with excellent provenance (which I wouldn't call this subject car with wreck history and high mileage...although it is exceedingly rare in MR, ZCP and slicktop). My 2001 E39 M5 with 66k was shown by KBB to be mid-teens also, and after working with a super serious buyer for over a month, he finally counter offered my $33k ask with $27k proclaiming I'd never get more for it. Two weeks later I sold it at auction on bringatrailer for $34k/$35,700.

KBB currently values a 400 mile E39 M5 at $20k. One just sold at a Gooding auction for $176,000. Since we're on E39 M5s topic, Hagerty just started a pricing guide for each model year on their site after being woken up by the Gooding auction result.

Amen. Glad I'm not alone haha.

I followed your car on BaT. Hope you're enjoying the M2.

[Aktavate]

Saw this on autotrader a few weeks ago and accident or not, this has to be a very rare car, possibly one of one. I've never seen a red/red other than this and add slicktop zcp to that...cant be too many out there. Price may be on the higher side but not wildly unreasonable.

[phantasticphan]

Originally Posted by EnVe46

The number of owners don't always tell the story. I bought a truck, one owner from a dealer. To get the deal I wanted they had me finance through them. 3 months later, I refinanced. Carfax showed another owner. This is one example of many where multiple "owners" can be one. Like a lease then buy out will be two owners.

Also, this assumptions that a one owner car is babied is completely false. It's like saying a girl who has had only been with one guy, but for 7 yrs, is in any "better" shape down there than a girl that's been with four guys over that same time frame. Lots of factors there that can determine the difference. Assumptions should never be made when it comes to females or cars, a thorough inspection is best 😁

Completely agree, same owner moving to a different state counts as 2 owners...doesn't make sense

[BOOF-M3]

Originally Posted by Aktavate

Saw this on autotrader a few weeks ago and accident or not, this has to be a very rare car, possibly one of one. I've never seen a red/red other than this and add slicktop zcp to that...cant be too many out there. Price may be on the higher side but not wildly unreasonable.

I have seen one red on red E92. Definitely rare finds.

[PYE46M3]

Originally Posted by phantasticphan

Completely agree, same owner moving to a different state counts as 2 owners...doesn't make sense

That is false. I registered my car in another state when i moved and carfax didnt report an additional owner, it simply reads "registration updated when owner moved the vehicle to a new location".