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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 05-28-2004, 04:21 PM   #1 (permalink)
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One of my friends is selling his M3, its a 99 model, 2dr Black coupe, drives well, engine rebuilt at 67K, minor paint blemishes, smokers car, sun/moon roof. Maintainence done as per the manual. All the standard options, 6CD changer BMW installed. Suspension good, brakes good, new clutch, new belts, tires Michelin 10K old. Car hit a metal object while driving and it drained the oil, mechanic left the car running and the engine seized. Since the new engine the car has been driven only 600 miles. I tried to look up the price on kbb.com and edmunds.com, but none factor a rebuilt engine, hence I am stumped. What is a good price for this in New Jersey, friend's asking 20K.
This could be my first M, actually my first Beamer.
Many thanks for response!!
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Old 05-28-2004, 05:49 PM   #2 (permalink)
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why was the engine rebuilt?
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Old 05-28-2004, 08:25 PM   #3 (permalink)
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Originally posted by lwebb12@May 28 2004, 06:29 PM
why was the engine rebuilt?
Car hit a metal object while driving and it drained the oil, mechanic left the car running at the shop and the engine seized. thats why the engine was rebuilt.
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Old 05-28-2004, 09:09 PM   #4 (permalink)
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you should get 15k
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Old 05-29-2004, 07:49 AM   #5 (permalink)
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Originally posted by lwebb12@May 28 2004, 09:49 PM
you should get 15k
thanks for the reply, The guy is asking $20K, will try to bring him down to $15K.
Anyone else think different?
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Old 05-31-2004, 01:55 PM   #6 (permalink)
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i agrre 15 is more resonable with new engine. best of luck and hope you can get it or another one.
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