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M-Series (M1, M3, M5, M6) General M-Series Discussion - If it does not fit into a more specific M Category above, please place it in here. In addition, previously archived M-Series discussion is located in this section.

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Old 07-05-2003, 05:10 AM   #1 (permalink)
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Can anyone tell me the pros and cons of an M3 from the 1995 year. I am in the market right now, because I can afford one from that era. I got up to $16,000 to spend on a car and why not a BMW. So, if anyone could please help me that woudl be awesome. Thanks
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Old 07-05-2003, 05:32 AM   #2 (permalink)
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3.0 liter instead of the 3.2, less torque. The engine is OBD1 so you can modify to make more power. Watch out for the waterpump, it was made with plastic that year so it breaks easily.
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Old 07-05-2003, 06:05 AM   #3 (permalink)
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Ok, thanks. Whats a good mileage for thoes cars before shit goes haywire. And how are they during winter. In indiana its a hit or miss on how snowy our winter will be.
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Old 07-05-2003, 07:36 AM   #4 (permalink)
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For a 95 M3 mileage is fine around 130,000 = ~12grand

You can definetly find one with around 70,000 miles if you look around with 16 grand..
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Old 07-05-2003, 09:31 AM   #5 (permalink)
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mileage is not that important, you can find a car with 150,000 miles that is better then one with 50,000.....it's all about finding an M3 that has been taken care of and properly maintained.

Also, alot of people say that the ///M engine doesn't even break in until 75,000 miles.
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Old 07-05-2003, 10:51 AM   #6 (permalink)
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For a 95 M3 mileage is fine around 130,000 = ~12grand

You can definetly find one with around 70,000 miles if you look around with 16 grand..
http://autotrader.com/findacar/vdetail.jtm...or=&cardist=149

Yeah, I am gonna call on this one probably tommarrow. Do you think the bank would make a 4 year loan on a 8 year old car? Cuz that is the way I am going to have to do it, because I have a ~$7500 downpayment and I would need a loan for the rest.
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Old 07-05-2003, 11:59 AM   #7 (permalink)
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Try a credit union and not a bank.
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Old 07-05-2003, 12:00 PM   #8 (permalink)
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Looks good i doubt the bank will finance 4yrs, probably 3 at best.

Welcome to the forums btw B)
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Old 07-05-2003, 03:56 PM   #9 (permalink)
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Originally posted by MrM3@Jul 6 2003, 05:00 PM
Looks good i doubt the bank will finance 4yrs, probably 3 at best.

Welcome to the forums btw B)
Thanks man.

I hope they will do 4 years, because that will be the easiest way I could do it, with my DP and 4 years with a 5.39(the intrest rate around IN) it comes to 180 a month. and 3 years is 226 a month. I could do 226, but with school and everything.

I might end up having to go through the local BMW dealer cuz I could get financed easier.
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Old 07-05-2003, 04:43 PM   #10 (permalink)
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Originally posted by Regnevelc@Jul 6 2003, 08:56 PM

I might end up having to go through the local BMW dealer cuz I could get financed easier.

I think you will have a tough time finding a car like that, at that price, from a dealer...
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Old 07-06-2003, 07:28 AM   #11 (permalink)
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Originally posted by Regnevelc@Jul 6 2003, 07:05 AM
Ok, thanks. Whats a good mileage for thoes cars before shit goes haywire. And how are they during winter. In indiana its a hit or miss on how snowy our winter will be.
at around 50k you may need new RTABS

for winter, the 95 doesn't have traction control
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Old 07-06-2003, 07:30 AM   #12 (permalink)
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Ok, thanks I will just pick up a junker for like $500 somewhere.
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