Your opinions on this E92 M3

Marco-Swanepoel

Active member
I dont like the fact that it has some many aftermarket parts on

Go check out all the other ones on Auto trader and test drive them
 
I'm going to buy a E92M3 from Gauteng in 2 years time. By that time I will be spoiled for a wide range of parts down here. Just need to buy a better one than this example. I just hope they weren't all bought by the "talented" spin squad by that time.
 
R750k and it's not even *nice*, let alone *really* nice. "Mad tingz"
I thought it was a nice car...the looks at least...and the mileage was a positive. Or are you saying #not nice# in another sense? I am trying to understand all things pointed at the cars so I can educate myself as I am in the market looking for one.
 
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Cou
I'm going to buy a E92M3 from Gauteng in 2 years time. By that time I will be spoiled for a wide range of parts down here. Just need to buy a better one than this example. I just hope they weren't all bought by the "talented" spin squad by that time.
Could you please elaborate what is wrong with this particular one? Just trying to learn from the experience of other people. I am in the search so all contributions will be useful when I am looking at other cars.
 

Eust

Well-known member
The fact that this is even a question shows how crazy the market has become. A non-LCI, non-comp, 70k km M3 at R800k?! Nothing against the OP, simply stating market dynamics.

E92 M3s are fantastic cars, I kick myself for selling mine 2 years back, but at these prices, they are non-starters. I was getting into a frozen E92 M3 for R899k from a BMW dealer last year, with 102k km, now this is at R800k, hell no.

That car would not even sell at R600k IMO and when the market reverts, whoever bought this car remotely close to the asking price would be taking a big swim.
 

TurboLlew

Honorary ///Member
So this is not meant to sound harsh, but since you're asking: there are two parts to this. One is the 'this is my dream' story that everyone has about these V10 and V8 cars. You need to go and drive more things if you think an E9x is worth that asking price. Like every cult car there are guys where this WAS their dream car and they absolutely fulfilled that dream. They owned them from new or were 'early' second owners and they had an absolutely wonderful time. They can pay R80K for a bill with a smile on their faces because they have had 100000km to love the car for what it is.

You then have cars that are either owned by the CT crew or have been neglected badly. New dreamer then comes along and thinks this is going to be great... on a car nearly old enough to drink... only to have virtually zero fun with it and the constant fear of something breaking long out of plan and LONG out of a period where any liability can fall elsewhere. You're also still probably going to be paying for the car during this time.

The two experience can be miles apart. We romanticise the past alot. I have experienced both the scenarios above on different cars.

That aside, assuming that IS your dream car and you have actually gone to the trouble of driving a variety of things and getting loads of experiences ARE YOU READY for the bills on what is a 'real-real' M car. By this, I mean a car that, unlike the modern S55/S58/S63tu newer era vehicles, is ACTUALLY a bespoke, highly tuned thing that has very real M tax and very little in common with regular models? The 6s are one thing. V8s and V10s are another kettle of fish entirely. It's more like owning an exotic car (Lambo Ferrari etc) than it is with the later cars.

The dream will turn into an objective nightmare.

Onto this specific vehicle:

There are tells with a car in terms of what life it has led prior. The asking price is for a mint near-collector grade example. The car you have posted has shit wheels, strange mats, alot of steering wear for the stated mileage, a HEAVILY sagging roof lining (WTF how are you even asking this question if you have eyes? It's almost as bad as them ASKING that price with this shit) and not sure about the bubbles on the sun shade... the entire car itself has been photographed very poorly which is fine for beauty shots but has no detail which is a red flag. It is also a VERY poor filter or it has silicone slathered on the interior.

Was this owned by a collector: ZERO chance
Is this mileage original: HEAVY DOUBT and if it is original it was owned by a doos
Did it have a decent owner? Well one of the tells is whether the exterior mods are tasteful and original or whether the guy wanted to 'put show' on a budget. If these were good then you were going to have close-ups of OEM carbon shown off in the ad... these pieces do not look like original pieces (or original aftermarket) from the pics. The wheels are an absolute abomination to those gifted with good eyesight and taste.

Imagine having a car that comes stock with these beauties:

1734688264526.jpeg

Can be optioned with these

1734688275381.jpeg

Or (ultimately) these:

attachment.php


and you decide to put this trash on?

35100946


For the asking price, there is ABSOLUTELY NO WAY! Not even worth going to view.

Now you're gonna go and spend 750K on a not particularly special E92 that needs a ton of refurb just from the pictures AND THEN STILL have 80-100K bills coming your way... I know everyone talks about "the market" - I also happen to know what good cars have gone for and been acquired for in "the market" that don't even get advertised widely.
 

TurboLlew

Honorary ///Member
To give you an idea of an M bill - this is not a broken car. This is a car with a slightly erratic idle that had chain, guides and VANOS attended to as well as oil pan repair done (owner opted to do some 'while you're there' stuff as well. This is not a 700K+ car. This was on a car that (after this) sold sub-R500K. Tune Tech, Budler, Peter@AEW or other places are likely to be the same if not more expensive in some instances (Granted your standard of work is potentially higher).

You score as a buyer and lose as a seller with the preventative work. However that is also why so many cars are available with poor maintenance or in the condition you see while expecting to get prices for 'sorted' examples. If you bought this E92 from the ad, you are going to be buying a car that has MANY of these kinds of bills in its future including one likely for the DCT clutches (on my F10 this was a 30-40K bill from memory), various suspension components (this well over R60K), will need brakes and will be cosmetically still junk until you spend 50K on wheels and however much it is going to cost to redo your headliner and address other things you can't see in pics.

WhatsApp Image 2024-12-20 at 12.03.12.jpeg

WhatsApp Image 2024-12-20 at 12.02.43.jpeg

Imagine you're the OG owner or owner #2. You've gotten to 120/130000km and you maybe paid between 700 and a million for the car. *The car is also long since paid off. A R97000 bill to get you to (technically) another 100000km with your dream car is going to be fantastic value.

Now imagine you go buy a car for 750000 that was obviously owned by someone who didn't care. Your mates are laughing at your reps and carbon. You have to look at your worn ass steering and silicone slathered interior while the headlining is triggering you every time it flaps into your field of view in the wind... and then after owning it for 5000km you get hit with your first R100K bill that BMW/TuneTech/Budler/Any decent shop will tell you is actually pretty normal and wondering why you are going into cardiac arrest.
 
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TurboLlew

Honorary ///Member
Is it just the price or anything else?

Before pics disappear:

A 17 year old car should not have this headliner issue
A 70000km car should not have this issue

If it does have these issues it may not be a deal breaker, but it speaks to a pattern of maintenance/care that the car had over its life. It also most certainly is (I hope this is clear) NOWHERE CLOSE to a R750K car.

Crop800x600


Crop800x600
 

individj

Well-known member
So this is not meant to sound harsh, but since you're asking: there are two parts to this. One is the 'this is my dream' story that everyone has about these V10 and V8 cars. You need to go and drive more things if you think an E9x is worth that asking price. Like every cult car there are guys where this WAS their dream car and they absolutely fulfilled that dream. They owned them from new or were 'early' second owners and they had an absolutely wonderful time. They can pay R80K for a bill with a smile on their faces because they have had 100000km to love the car for what it is.

You then have cars that are either owned by the CT crew or have been neglected badly. New dreamer then comes along and thinks this is going to be great... on a car nearly old enough to drink... only to have virtually zero fun with it and the constant fear of something breaking long out of plan and LONG out of a period where any liability can fall elsewhere. You're also still probably going to be paying for the car during this time.

The two experience can be miles apart. We romanticise the past alot. I have experienced both the scenarios above on different cars.

That aside, assuming that IS your dream car and you have actually gone to the trouble of driving a variety of things and getting loads of experiences ARE YOU READY for the bills on what is a 'real-real' M car. By this, I mean a car that, unlike the modern S55/S58/S63tu newer era vehicles, is ACTUALLY a bespoke, highly tuned thing that has very real M tax and very little in common with regular models? The 6s are one thing. V8s and V10s are another kettle of fish entirely. It's more like owning an exotic car (Lambo Ferrari etc) than it is with the later cars.

The dream will turn into an objective nightmare.

Onto this specific vehicle:

There are tells with a car in terms of what life it has led prior. The asking price is for a mint near-collector grade example. The car you have posted has shit wheels, strange mats, alot of steering wear for the stated mileage, a HEAVILY sagging roof lining (WTF how are you even asking this question if you have eyes? It's almost as bad as them ASKING that price with this shit) and not sure about the bubbles on the sun shade... the entire car itself has been photographed very poorly which is fine for beauty shots but has no detail which is a red flag. It is also a VERY poor filter or it has silicone slathered on the interior.

Was this owned by a collector: ZERO chance
Is this mileage original: HEAVY DOUBT and if it is original it was owned by a doos
Did it have a decent owner? Well one of the tells is whether the exterior mods are tasteful and original or whether the guy wanted to 'put show' on a budget. If these were good then you were going to have close-ups of OEM carbon shown off in the ad... these pieces do not look like original pieces (or original aftermarket) from the pics. The wheels are an absolute abomination to those gifted with good eyesight and taste.

Imagine having a car that comes stock with these beauties:

View attachment 26499

Can be optioned with these

View attachment 26500

Or (ultimately) these:

attachment.php


and you decide to put this trash on?

35100946


For the asking price, there is ABSOLUTELY NO WAY! Not even worth going to view.

Now you're gonna go and spend 750K on a not particularly special E92 that needs a ton of refurb just from the pictures AND THEN STILL have 80-100K bills coming your way... I know everyone talks about "the market" - I also happen to know what good cars have gone for and been acquired for in "the market" that don't even get advertised widely.
Lew I thought y'all were joking but it seems y'all serious ....this shit started in Industria....im gna start collating M cars being "abused" in Jozi...its less documented ...not really at "events" although there were a few recently on the gram but in the Hood especially ...shu ...
 

cRed001

Active member
It's a 16 year old car. When this 2008 model was released in 2008 it sold for around 750- 800k iirc.

An M340i is going to be a better buy at this price point.
 

DHimself

Member
At the risk of saying something blasphemous on this forum, get you a Lexus IS-F if that V8 growl RWD experience is what you're after. Every car needs to be maintained, but I put it to you that you won't be as out of pocket as with this here E92 M3.... :)

Not everyone's 'dream car', but methinks there are some bargains to be had:

 
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