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General E46 Forum
This is the place to get answers, opinions and everything you need related to your E46 (sedan, coupe, convertible and wagon) BMW!

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Old 08-04-2012, 11:47 PM   #1
whyzee125
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Worth selling?

Hey guys! A friend of mine is selling his 2002 M3 SMG w/ 115k on it for 10.5k. The reason it's so cheap is because it's a rebuilt title but he's been driving the car for a few years with no issues at all. He says I have first dibs but he wants to know if I want it pretty soon. I have a 2003 imola ZHP sedan w/ 150k. I'm guessing I could get close to the same amount for my car as it's pretty immaculate, but I could always throw in a little if I needed to. In your guys's opinion would it be worth selling mine for? I've driven SMG's before and I'm not a huge fan but I think the extra 100 hp could make me forget that it's got a flappy paddle gearbox. The only other downside is I like the 4 door. I don't really need 4 doors, I actually just prefer the look. do you guys think it's worth it?
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Old 08-04-2012, 11:51 PM   #2
whyzee125
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By the way, his car has imola interior too, so that's a plus. they both look great, it's more of a flappy paddle vs. 100 horsepower trade off.
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Old 08-04-2012, 11:52 PM   #3
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From an immaculate Zhp to a salvage title M3.

Do you really need to ask? Hell no.
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Old 08-04-2012, 11:57 PM   #4
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I say stay with yours.
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Old 08-05-2012, 12:01 AM   #5
jared_wiesner
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Depends on how Savvy you are mechanically. If you think you can afford and deal with any issues that arise then you should go for it. At that price you could do a manual conversion and it would still be worth it.
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Old 08-05-2012, 12:02 AM   #6
MercForHire
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What's with all the poor people who want a cheap M3.
It's premium car. Premium. get it?
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Old 08-05-2012, 12:03 AM   #7
djnekkon
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Quote:
Originally Posted by S85FTW View Post
From an immaculate Zhp to a salvage title M3.

Do you really need to ask? Hell no.
If $10K is not an issue, go ahead and get it. BTW immaculate or not, 150K miles ZHP = salvage title M3. The m3 can be a great project car.
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Old 08-05-2012, 12:06 AM   #8
S85FTW
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Quote:
Originally Posted by djnekkon View Post
If $10K is not an issue, go ahead and get it. BTW immaculate or not, 150K miles ZHP = salvage title M3. The m3 can be a great project car.
Keyword CAN, he knows his Zhp and what condition it's in. If its starting to show warning signs, dump it and get in the m. But if its immaculate why take a gamble on a salvage?
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Old 08-05-2012, 02:58 AM   #9
mightymouse777
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another good question is what happened to the car for it to become a salvage? i dont mess with salvage cars anymore. just asking for trouble
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Old 08-05-2012, 03:54 AM   #10
Russell318
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mightymouse is right, what happened to the car to be salvaged, who carried out the repair work and to what standard, also the Imola red is such a lovely colour and if your car is in A1 condition why split with it for damaged goods.
Also you mentioned the 100hp, do you do track days or are you just a road racer do you actually need the extra hp?
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Old 08-05-2012, 04:31 AM   #11
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a wrecked car with 100 extra hp for an imaculate car you already own... id pass. good price? ya. worth it? my opinion no. a bird in the hand is always better than two in the bush! you could do some mods to get that extra 100 youre talking about and still have a beautiful unsalvaged car
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Old 08-05-2012, 04:34 AM   #12
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and from past experience buying things from friends is always bad. if something happens you always have some grudge about it. trust me. example i paid 1500 for a head unit barely used from a close friend for a different car i owned and a week later it stopped working and cost me over a grand in repairs. he denied everything and nothing to show he knew anything prior but you see what im getting at. this is an entire car we are talking about. plus m3 parts are triple a normal 3 series keep that in mind.
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Old 08-07-2012, 10:13 AM   #13
whyzee125
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I found out a little more about it. It was a rear end collision, bending the back wheel and trailing arm. all that's been replaced and subframe reinforcements have been installed. it pushed the car into another one so the front bumper and fender were also replaced and the entire car was resprayed. it's been driven about 15,000 miles since then with no problems whatsoever. it appears to have been owned by an enthusiast as it had BBS wheels, blacked out grills, smoked corners, cross drilled rotors, and some kind of a drop (he's checking on what kind). I've never seen the car in person because it's in California but another good friend of mine who knows more about BMW's than me has driven it and said everything seems great. It's just a matter now of if I want to go through the hassle of selling mine for an SMG lol
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Old 08-07-2012, 12:17 PM   #14
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early year SMG's had quite a few issues that cost tons of money......id stay with your ZHP just because of that...
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Old 08-07-2012, 12:24 PM   #15
lsteg
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Salvage title
Never seen the car
Junk Transmission



Unless this is going to be a project / weekend car, I say stay away. Too many variables and unknown risks. I'm sure there is something else out there that better suits your needs.
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Old 08-07-2012, 12:26 PM   #16
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You also have to find out if the rod bearing recall has been completed. Also something as simple as a video clip of someone driving behind the M3 would prove helpful. I cant tell you how many times I can tell if a car has been in an accident just by driving behind it on the highway. The car will be driving straight but you can tell the body is crooked (ie seeing more of the passenger side than the driver side from straight behind. You would need about a minute to two minute long video clip of highway driving to see that.
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Old 08-07-2012, 10:10 PM   #17
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Rear wheel, rear trailing arm, front fender, and front bumper + paint does not equal what it would cost to total out an E46 M3 with 95K on it. Even at undervalued KBB numbers, the car books at 13K. That would mean that it would need about $10,500 worth of damage to total it.

And besides, it doesn't sound like you know anything about the car. It's not local to you, you haven't seen it, and your 'friend' who currently owns it has only driven it for 15,000 miles or less.

Keep yours.
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Old 08-07-2012, 10:16 PM   #18
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Personally, no, I'd stay away. If you were buying it as a second "project" car then sure. But get rid of your ZHP for it? Naa.
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Old 08-21-2012, 03:00 PM   #19
whyzee125
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Thanks guys, that's what I needed. I really love my ZHP so I'm just gonna keep it
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Old 08-21-2012, 05:32 PM   #20
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A wheel, control arm, bumper, an fender replacement are not enough to deem that car a total loss.

Get a copy of the repair order the car was fixed under.
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