fatherpierre
Active Member
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- 1980 W123 230, 1994 W124 E280 & 2010 Mini Cooper S
Nice that they are holding their values in this climate.
My brother's mint E30 M3 has taken a big hit in value, according to him.
My brother's mint E30 M3 has taken a big hit in value, according to him.
I personally think that the E30 M3 might have been slightly over-valued to start with compared to the W201 190E 16vs. Don't good examples of these change hands for (or used to) +/- £10k?
Not saying that they weren't worth the money, but it was ironic that many examples of the MBs would change hands for less money than the M3 considering they were quite a lot more expensive new (IIRC, M3 circa £30k, 2.5-16 nearer £40k with options)
Both great cars in their own right, but the 2.3/2.5-16 models have always been great cars for the money IMHO
One thing that both of these great cars share in common is their finite supply - they were quite rare to start with, and aren't getting any more common a sight as the years pass.
Will
Not saying that they weren't worth the money, but it was ironic that many examples of the MBs would change hands for less money than the M3 considering they were quite a lot more expensive new (IIRC, M3 circa £30k, 2.5-16 nearer £40k with options)
Both great cars in their own right, but the 2.3/2.5-16 models have always been great cars for the money IMHO
One thing that both of these great cars share in common is their finite supply - they were quite rare to start with, and aren't getting any more common a sight as the years pass.
Will
Just had a squint on Pistonheads, plenty of E30 M3s for £10k+ still, so they're not doing all that badly?
http://www.pistonheads.co.uk/sales/list.asp?s=834
Will
http://www.pistonheads.co.uk/sales/list.asp?s=834
Will
http://www.pistonheads.co.uk/sales/862566.htm
http://www.pistonheads.co.uk/sales/851154.htm
http://www.pistonheads.co.uk/sales/865280.htm - no price, gotta be £20k?
Will
http://www.pistonheads.co.uk/sales/851154.htm
http://www.pistonheads.co.uk/sales/865280.htm - no price, gotta be £20k?
Will
fatherpierre
Active Member
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- 1980 W123 230, 1994 W124 E280 & 2010 Mini Cooper S
My brother bought his about 10 years ago for £15k so hard to say if he's lost money in real terms.
I know he spends lots on it to keeps it lovely, and it is LOVELY.
His is a top end (condition), late one and was still worth what he paid for it until recently. He reckons it's dropped £2k in value simply due to the CC.
He's keeping it now, anyway. I've had a couple of average 2.5 16s but the E30 is so much more involving to drive IMO.
I know he spends lots on it to keeps it lovely, and it is LOVELY.
His is a top end (condition), late one and was still worth what he paid for it until recently. He reckons it's dropped £2k in value simply due to the CC.
He's keeping it now, anyway. I've had a couple of average 2.5 16s but the E30 is so much more involving to drive IMO.
Well that's not bad going at all, really is it?
Most people who bought a car 10 years ago will have either:
a) sent it to a scrapyard
b) sold it for much less than they paid, due to depreciation (a typical £15k car after 10 years would probably be worth a few hundred quid if you're lucky)
c) had it crashed into/stolen/damaged beyond repair etc etc.
Going by those prices on Pistonheads, it looks as though he'd get most of his initial investment back - can the same be said for all assets? I bet a lot of people have lost more than £2k elsewhere in recent times!
So for 10 years happy motoring, it's cost him £200 a year + maintenance to drive an M3, that's good in my book
One other thing that people overlook when comparing the E30 M3 to a 190E 16v - they're not really quite the same car. One's a luxury four door autobahn stormer, available with all the refinements one could want on a compact car in the '80s (ie - automatic transmission, air conditioning, fully electric/heated/memory seats, a driver's airbag etc) and one was a 2-door coupe more focused purely on out and out performance (the M3).
There's always the 2.5-16 Evolution I & II if you're after something a little more involved.
Will
trapperjohn
MB Enthusiast
True understanding above of the difference between Mercedes and BMW.Well that's not bad going at all, really is it?
Most people who bought a car 10 years ago will have either:
a) sent it to a scrapyard
b) sold it for much less than they paid, due to depreciation (a typical £15k car after 10 years would probably be worth a few hundred quid if you're lucky)
c) had it crashed into/stolen/damaged beyond repair etc etc.
Going by those prices on Pistonheads, it looks as though he'd get most of his initial investment back - can the same be said for all assets? I bet a lot of people have lost more than £2k elsewhere in recent times!
So for 10 years happy motoring, it's cost him £200 a year + maintenance to drive an M3, that's good in my book
One other thing that people overlook when comparing the E30 M3 to a 190E 16v - they're not really quite the same car. One's a luxury four door autobahn stormer, available with all the refinements one could want on a compact car in the '80s (ie - automatic transmission, air conditioning, fully electric/heated/memory seats, a driver's airbag etc) and one was a 2-door coupe more focused purely on out and out performance (the M3).
There's always the 2.5-16 Evolution I & II if you're after something a little more involved.
Will
The Mercedes for people who have arrived. The BMW for people who need to be seen trying to get there.:bannana:
fatherpierre
Active Member
- Joined
- Mar 15, 2005
- Messages
- 638
- Location
- Surrey/London borders.
- Car
- 1980 W123 230, 1994 W124 E280 & 2010 Mini Cooper S
Well that's not bad going at all, really is it?
Most people who bought a car 10 years ago will have either:
a) sent it to a scrapyard
b) sold it for much less than they paid, due to depreciation (a typical £15k car after 10 years would probably be worth a few hundred quid if you're lucky)
c) had it crashed into/stolen/damaged beyond repair etc etc.
Going by those prices on Pistonheads, it looks as though he'd get most of his initial investment back - can the same be said for all assets? I bet a lot of people have lost more than £2k elsewhere in recent times!
So for 10 years happy motoring, it's cost him £200 a year + maintenance to drive an M3, that's good in my book
One other thing that people overlook when comparing the E30 M3 to a 190E 16v - they're not really quite the same car. One's a luxury four door autobahn stormer, available with all the refinements one could want on a compact car in the '80s (ie - automatic transmission, air conditioning, fully electric/heated/memory seats, a driver's airbag etc) and one was a 2-door coupe more focused purely on out and out performance (the M3).
There's always the 2.5-16 Evolution I & II if you're after something a little more involved.
Will
Not arguing!
As I said, I've owned a couple of 16vs. My brother's like new E30 really is an animal in compasrion - throttle response in the main.
The 201 is a far better car to live with....... but they weren't built for that.
But both cars were still and, are still pitched against each other.
BTW, I sold one of mine today - so there are definately buyers out there
grats on the sale m8, hope you got what you wanted for her
was a top example!
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Good point.
That difference has remained until the W204 C63, at which point the gap has narrowed with the C63 becoming more hardcore, and the M3 going all soft (relatively speaking).
I still laugh at CCCs prices in the Gazette each month. No doubt some people do buy them - but then they also probably pay full whack for everything in life. 99% of people on here claim main dealers rip people off in servicing - those supporting these inflated classic car prices I assume you're in the 1% 
.
.
talbir
MB Enthusiast
I don't go along with the notion that people who do buy from dealers must pay top whack for everything in life
Only 2 cars i have ever bought were from a dealer (independant) - the 911 Flatnose and the Koenig 328. Both specialist cars and ones i didn't know enough about to take a chance, and neither would i have wanted to take a chance if i ahd the knowledge, on buying private.
With Mercs, i am happy to buy anywhere/anyone as any issues i can address myself. Downside is minimal.
However, cars are big investments, so paying a premium for peace of mind is understandable. ....since the spend is higher and downside greater, one becomes risk averse and is willing to pay extra in these circumstances. I don't think a car purchase spend is neccesarily correlated to expenditure on other items in life.
talbir
Only 2 cars i have ever bought were from a dealer (independant) - the 911 Flatnose and the Koenig 328. Both specialist cars and ones i didn't know enough about to take a chance, and neither would i have wanted to take a chance if i ahd the knowledge, on buying private.
With Mercs, i am happy to buy anywhere/anyone as any issues i can address myself. Downside is minimal.
However, cars are big investments, so paying a premium for peace of mind is understandable. ....since the spend is higher and downside greater, one becomes risk averse and is willing to pay extra in these circumstances. I don't think a car purchase spend is neccesarily correlated to expenditure on other items in life.
talbir
