Hi all I'm currently looking at a 2005 e46 M3. Its condition is:
- 75k miles
- perfect exterior
- perfect Interior
- estoril blue
- SMG
- Convertible
- $16k
- 3 Owners (current and 2nd owner drive only on weekends)
- Never seen rain or snow, garaged
- New back tires, Needs front tires
- Needs valve replacement
I have not seen the maintenance records, but it sounds like the car has been looked after. I don't think VANOS, subframe, or rod bearings have been touched. Assuming all this will have to be replaced, it will cost an arm and a leg. I'm guessing the car is not worth 16k.
Based on what I've seen I'd say its closer to worth $12-14k but I'm not sure. Any thoughts?