I did ask in the BMW thread, but got stupid response on why an E46 was £10k. So maybe better luck in here,
Im considering buying an E46 M3 for me to use up until September, by which time I plan to sell it on.
One has come up for sale local to me, I plan on looking, but any advice on it? Spec list is below and its up for £10k.
2002 manual coupe in carbon Schwartz black.
124K FSH , most bmw dealer and specialists.
4 owners
Sunroof
HK
Red leather
Power mirrors
Carbon fibre CSL style air box , and mapped ecu
Just had a full vanos overhaul not even 25 miles ago
Bottom end bearings done (by BMW at 44k)
Clutch and flywheels 2k ago
Oil and filter change 500 ago
New chain guides
Head gasket replaced.
Original 19” wheels ( need refurbish )
And a set of 18” with ad08s (just refurbished)
Stud and nut conversion
10m hubcentric spacers
Subframe reinforced
How come you're wanting to only keep it until then? That's a short space of time to have one, and you are likely to lose potentially a lot of money when you try to sell it on due to some of the things I mention below.
The bearing shells were done at 44k, the car is now at 124k. The shells should be changed at around 80k miles, so that time has now come around. That's a ~£1500 job.
It's also got a CSL style carbon intake, likely GSR, and since the spec doesn't mention it, it's gonna be running the ALpha-N map which is sloppy when driving around town.
The rest of the items seen to seem pretty good though assuming all OEM fluids and parts were used. stud and nut conversion and spacers though.... Bit too scene for my liking, and potentially any future enthusiast who wants a well maintained one without those kind of mods.
Any pictures of it?