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///M3 Forum
The BMW E46 ///M3 is the M version E46 and puts out an amazing 333 HP and 262 lb-ft of torque at stock specs! There are an amazing amount of modifications for both the coupe and convertible models so read up and get started modifying your cars today!

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Old 12-30-2014, 05:27 PM   #1
bavarianlaxer
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Join Date: Jun 2014
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My Ride: '04 M3 LSB
Is this a good price?

2004 M3 126k for $11,000
Flywheel and clutch at 86k
Vanos intact
Compression between 155-160
Valves adjusted every 20k
New brakes and rotors
New control arms
Csl carbon fiber trunk
New water pump and belts
The list of maintenance just keeps going
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Old 12-30-2014, 05:29 PM   #2
JJR4884
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Nah, you should pay $29k for a 2005 with 59k miles

Edit - on a serious note, any M3 with that many miles is risky, you really don't know what can go wrong next with the car. It can be anything. The way I see it, if you feel $11k is reasonable, and you have the money to fix any additional major repairs, then don't worry about the mileage. One thing you should do is pay the $100 for a PPI. It is well worth the money, even if you spend it to know you should walk away from the car.
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Old 12-30-2014, 05:31 PM   #3
bavarianlaxer
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But what else could be wrong if vanos is good and compression is good with the paperwork? Subframe is good as well.
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Old 12-30-2014, 05:31 PM   #4
bavarianlaxer
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Is this a good price?

It's 6mt so no smg issues which ik can be a big concern. The guy is from around my town and is known to keep that thing well maintained even the differential and all other fluids so I feel I can trust him.... But then again who knows.

I also plan on a motor build for the future turbo set up I want to run

So basically my main concern is how long I should expect the chassis to last?

Last edited by bavarianlaxer; 12-30-2014 at 05:37 PM.
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Old 12-30-2014, 05:41 PM   #5
lkptpete
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Is this a good price?

"Nah, you should pay $29k for a 2005 with 59k miles"

+1 LOL

Last edited by lkptpete; 12-30-2014 at 05:41 PM.
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Old 12-30-2014, 05:42 PM   #6
bavarianlaxer
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I certainly understand what you guys are saying, but I'm asking if this price is good for a car with that many miles if you wouldn't mind.
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Old 12-30-2014, 05:49 PM   #7
lkptpete
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Where are you? Salt on roads area? Coast near saltwater area? It sounds like a thorough BMW Dealer PPI and maybe an inspection by a well respected body shop nearby will give you the answers. Just listen closely to what they both tell you. Based on how I'm reading your posts, you seem pretty hot to trot on this car. Just make sure eyes wide open. Fact that the guy is local is a plus as well.
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Old 12-30-2014, 05:51 PM   #8
bavarianlaxer
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My buddy who works at an auto body shop is coming with me luckily and I'll certainly ask the guy to do a PPI if he says no then probably a bad sign
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Old 12-30-2014, 06:19 PM   #9
Alan
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When were the last 2 major services done? How do you know that?

What does "VANOS intact" mean and how did you come to that conclusion?

Have a PPI done ONLY by someone who knows their way around the E46 M3. You have to know what to look for...often nuances. Don't have a body tech do it.

Do you have $5-6K cash in reserve that you can keep in reserve?

Plan on putting ~$2-3K cash into it in the first 6 months - assuming brakes and tires don't need to be replaced.

You may get in for $11K. You will not get out of the first 4-5 months that way...and you have to stay ahead of this car's maintenance.
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Old 12-30-2014, 06:24 PM   #10
lkptpete
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I wasn't saying have a body tech do the PPI. I was saying have a body shop look at it IN ADDITION to a qualified BMW PPI. I very much agree with the cash in reserve statements. Pretend you have a $400-500 monthly car payment and put it away for a rainy day.
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Old 01-04-2015, 12:13 AM   #11
juno615
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To answer your question Yes it's a reasonable price especially if it comes with documentation. Once you see M3s go under 11k it's usually an E36 m3 with the same milage
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Old 01-04-2015, 12:24 AM   #12
iansevilla
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Is this a good price?

I got my 04 M3 coupe at that price range with 126k but had SMG issues which made me convert to manual. I now have 133k with no problem. Just drove it from SD to SF Christmas. :-)

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Old 01-04-2015, 10:27 AM   #13
DreaM3r
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Bought mine with 133k for 11ish. Put well over 3k dollars to get her running perfect. Now has 141k miles & runs beautiful. I'd buy it, but offer 10,500
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Old 01-04-2015, 12:22 PM   #14
Teslazerok
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Mileage is often zero indication of the condition the car is in. As said before, have it checked out by someone who knows the car well. There's no reason to be worried JUST because it's at 126k.
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