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BIMMERPOST Universal Forums General BMW News and Cars Discussion Is this the lowest mileage E46 M3 out there?

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      06-29-2016, 07:52 PM   #1
1slw335
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Is this the lowest mileage E46 M3 out there?

http://www.copart.com/us/Lot/19533606?searchId=55425734

2000 MILES and its sitting here at an auction? I ran the carfax and it just comes up with:

Accident reported
Involving right rear impact
with another motor vehicle
Right side primarily damaged

This is literally all it shows. Thoughts?
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      06-29-2016, 07:58 PM   #2
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That car looks like a "barn find" - it is in terrible shape. It would take thousands of dollars to bring it back to acceptable condition.
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      06-29-2016, 08:02 PM   #3
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Originally Posted by SakhirM4 View Post
That car looks like a "barn find" - it is in terrible shape. It would take thousands of dollars to bring it back to acceptable condition.
I was thinking that. Its very dusty inside and out plus i see mud in the exhaust. How bad could it be for 2000 miles though?
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      06-29-2016, 08:13 PM   #4
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Quote:
Originally Posted by 1slw335 View Post
I was thinking that. Its very dusty inside and out plus i see mud in the exhaust. How bad could it be for 2000 miles though?
Also has no keys
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      06-29-2016, 08:19 PM   #5
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Also has no keys
Just found out its under "Recovered Thefts." Maybe this solves it
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      06-29-2016, 08:28 PM   #6
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http://enthusiastauto.com/qsearch/?i...orm_display=51

This is probably the lowest mileage and the most expensive...except for a CSL!
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      06-29-2016, 08:33 PM   #7
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Originally Posted by UPSROD View Post
http://enthusiastauto.com/qsearch/?i...orm_display=51

This is probably the lowest mileage and the most expensive...except for a CSL!
Looks like that just rolled off the production line. Holy sh*t
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      06-29-2016, 10:21 PM   #8
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I never really understood what you do with really low mile cars that aren't very rare. You either buy them and never drive them hoping they go up further (insuring, maintaining and storing them) or you drive them and quickly kill the value. Even if you like showing them off, really nothing special to see except great condition (not the mess at the top) and low miles.
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      06-29-2016, 10:29 PM   #9
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Not rare now, but what would a <1k mile E30 M3 be worth today? It wasn't that rare back then. In Boston, I saw a ratio similar to 3's to M3's today.
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      06-29-2016, 11:03 PM   #10
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Quote:
Originally Posted by larryn View Post
Not rare now, but what would a <1k mile E30 M3 be worth today? It wasn't that rare back then. In Boston, I saw a ratio similar to 3's to M3's today.
$35K invested in 1991 returning 8% until now (25 years) and you would have roughly $240k, without all of the hassles and costs of a car you drove 1k miles over 25 years (40 miles a year).

Definitely not for me, if I can't drive it when I want without crushing it's value I don't want to own it.
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      06-29-2016, 11:15 PM   #11
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Quote:
Originally Posted by David70 View Post
$35K invested in 1991 returning 8% until now (25 years) and you would have roughly $240k, without all of the hassles and costs of a car you drove 1k miles over 25 years (40 miles a year).

Definitely not for me, if I can't drive it when I want without crushing it's value I don't want to own it.
If I had the money to do that back in '91 I would have, and had the thing as a fixture and conversation piece in my party room. Also, those 40 miles would have been glorious.... Also, if I had the money to do that back then, I could have afforded more than saving up for the new E36, as I did back then.
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