M50'd 318is on eBay, it's a beauty but is it overpriced?

[davelarge]

A friend sent me a link to this car on eBay and its got me curious, not that I want to purchase the car but as an IS owner would it be worth considering investing a bit more money into my car (respray, M50/52), I was considering these anyway but this has made me think its a good idea as I won't be throwing money down the drain.

What do you think?


BMW E30 318 IS RED M50 2.5 VANOS 217BHP LSD completely Rust Free,m3.325i sport


http://bit.ly/18y9RAL[/url]

[magpie]

mines done to this standard if not better but mine has many more toys like obc,headlight wiper kit,map light mirror [to be fitted] rear doggin blind,rear pop outs,smaller m-tech 1 s/wheel ,full black sport leatherz with rear armrest and head rests,fire extinguisher,illuminated gear knob .all suspension bushes replaced, grooved drilled discs,e36 steering rack conversion ,etc etc ... i could go on..

my advert would read better than his and when the m52 is running [this week] it will beat that red turd down the strip .

will i get 6k for it ............will i fook!

[davelarge]

What would you value yours at magpie if you dont mind me asking? (when its finished of course)

As mine doesn't owe me a lot probably less than a £1000 so it just got me thinking if i could get it resprayed, drop in an M50/52, and refresh the suspension for say £2000 as i would do spannering myself but not the paint, would it be worth it?

[magpie]

7k

[davelarge]

I don't really plan on selling the car in the near future anyway so might just buy a crappy car and turn it into a bit of a project but we will see.

[pacerpete]

What would you value yours at magpie if you dont mind me asking? (when its finished of course)

As mine doesn't owe me a lot probably less than a £1000 so it just got me thinking if i could get it resprayed, drop in an M50/52, and refresh the suspension for say £2000 as i would do spannering myself but not the paint, would it be worth it?

No !

Modifying cars virtually NEVER returns the cost of the work. The market is very small as most are ,rightly, apprehensive of buying somebody elses lash up

A NICE IS has a value. Molest it with an engine swap and it is no longer an IS, just an E30 with another engine.

[magpie]

but with 'IS' on the logbook

[davelarge]

so maybe a respray and abit of TLC for the M42 would be a better idea pete?

[pacerpete]

so maybe a respray and abit of TLC for the M42 would be a better idea pete?

It depends whether you are planning to use the car or sell it.

[Osamam3]

i agree Pete

[davelarge]

Use it, ive put alot of time into the car so far and like ive said it doesn't owe me much money so if i sold it i would probably end up buying another which could have problems if already sorted on mine

[Cook318IS]

That's Monkeys old e30. He sold it to a local chap who sold it to the current seller. A very clean e30, which in my opinion was nicer when he owned it. It wasn't sat on reps!

[davelarge]

It looks imaculate and its quite local to me, I did find it a little odd that the owner put reps on a car he values so highly!

It definitely got my mind ticking on which direction I should go with mine.

[veeza]

One less original 318 is, i wonder how many original 318is's there are left???

[Blitz]

"the car being poly bushed front and rear, which also improves the ride"

[davelarge]

One less original 318 is, i wonder how many original 318is's there are left???

When you put it like that it makes me think that a swap would definitely be a bad idea!

[penton08]

I fooked my iS up with a engine swap and sold it for 8k, granted it was not your normal lash up but it does prove a good conversion can command good money.

[monkey]

its alot more than i sold it for about year ago .

[monkey]

"the car being poly bushed front and rear, which also improves the ride"

when i had the car it was on OE beam and diff bushes along with m3 wishbone bushes .
only polys where rollbars and trailing arms .

[magpie]

a real bmw has 6-cylinders


and 24v's

[monkey]

a real bmw has 6-cylinders


and 24v's

true
my replacement one has the correct number of cylinders and valves

[davelarge]

a real bmw has 6-cylinders


and 24v's

true
my replacement one has the correct number of cylinders and valves

Does this mean your both saying the E30 M3 is not a real BMW

I think I will be upgrading my suspension and steering first as I'm still unsure about the engine.

[magpie]

136 bhp =

[davelarge]

136 bhp =

You're not wrong! But I'm going to sort my suspension setup then decide if it needs more power, I don't want to have almost 200bhp in a car thats handling like a boat

[Mne666]

I like how that car looks on those wheels

[Pauledin]

Hi Guys,

I actually bought this car and it now resides in Edinburgh,

Was it too expensive?

That depends, I have no garage to work on cars,not enough mechanical knowledge to do the conversion etc.

I looked at the ad above for around 3 days pondering and here is my reason for paying £5300 for the car...

I am happy to be corrected on prices:

A rust free E30 2 door: £2000+
Conversion parts: £1000+?
A garage near Edinburgh that would do the labour: £2000+
Then theres things like the suspension & wheels etc which i would think would be well over £1000+ again.

Add to that i could jump straight into the car and use it without sourcing parts etc.

I dont think it was an expensive car and feel the forum members as a whole under value these cars as i have been offered profit on the car already in the short time i have had it albeit £700 more than i paid.

Please don't sell these great cars short as not everyone has the time or ability to pick up a sub 1k scrapper and spend countless man hours making them nice.

I love the car to bits and don't care if it's a "red turd".

Thanks

Paul.