At $23,000, is this Supercharged 1998 BMW M3 Denan a great deal?

Good price or no dice 1998 BMW M3 Dinan

Today’s seller Good price or no dice The M3 droptop threatens that if it’s not sold on Craigslist, they’ll take it to Bring a Trailer. Let’s see if we think its price will save them the trip.

The 2000 Jeep Cherokee 2-Door Yesterday we looked at the show as little in terms of options or extravagance which means it had a lot to go by in terms of simplicity and ease of maintenance. Unfortunately, its stingy pleasures don’t seem to extend to the asking price. At $7,488, this was way too rich on our blood, resulting in a 57 percent Jeep loss with no dice loss.

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We’ve all seen old school ads where the product is touted as the best thing since the bivalent booster shots just to make it even more awesome when the announcer says “but wait, there’s more”. This stimulus phrase is intended to motivate those on the fence by making the total value thus described much greater than initially anticipated.

today 1998 BMW M3 Convertible It’s a “but wait, there’s more” kind of car. First, it’s clearly the M3, a revised version of the standard 3-Series, here in E36 form. On top of that, this show offers a bunch of Dinan faster parts that make it even more interesting.

The seller packages the attractions of the car as follows:

In short, this car is super clean for mileage, an absolute beast, and a complete head-turner. If you don’t like attracting everyone’s attention, this isn’t the car for you…lol

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According to the announcement, the M3 “has meticulously maintained its entire life with tens of thousands of dollars worth of maintenance and repair records.” Some of that maintenance included updating the cooling system from OEM blown plastic parts to a Mishimoto setup as well as recently rebuilding the Powerdyne (didn’t they make the Terminator?) the supercharger. The seller assures that all performance parts are California street legal, which is a huge achievement for a car with such a deep seat from the engine mod.

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Altogether, performance parts are claimed to produce 300 horsepower at the rear wheels. These wheels, by the way, are Dinan alloy and wrapped in new Kumho rubber. There are plenty of other modifications to the car, which isn’t entirely surprising given its age. The most surprising thing is that the car has all these devices and has traveled 187 thousand miles. That’s a lot, but it doesn’t seem to show up in Estoril Blau paint or plastic bits and pieces. The bodywork looks straight, as does the texture of the top, although the plastic rear window can cause the yellow to be completely removed.

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Other issues include some pressure on one of the wheels, a tear in the leather on the back seat cushion, and the need to replace the tension belts on the top. Perhaps more alarming than anything else, the seller says the main rear seal is starting to cry. This is the job of the gearbox, and while it is being fixed, revamping the clutch would also be a good idea.

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Other than those issues, the car appears to be a solid native, although one would imagine things like bushings and bearings might need some love sometime soon. It may be worth the investment in future time and expense as it is a rare bird species and is very decently groomed. Also, kudos to the seller for having a thorough description (good and bad) in the ad and for making all the image documentation available.

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The M3 was listed at $29,000 for a few weeks but it didn’t seem to get any serious bites at this price. In that announcement, it was threatened that if Craigslist failed to close the deal at that price, the car would go to Bring a Trailer. Now re-listed on Craigslist at $23,000, it’s up to us to see if the bites will come at this new low price.

What do you think, does the dynamic-size convertible M3 have the same value as what was shown in its ad? Or do mileage and rates — and price — add up a lot?

It’s your decision!

Los Angeles, California craigslistor go over here If the ad disappears.

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