Mark this thread as Unsold
1995 BMW M3 LTW
01-13-2017, 10:57 AM
#61
Year: 1995
Make: BMW
Model: M3
Mileage (numbers only please): 66000
Color: White
VIN: WBSBF9324SEH07533
Price (no $ sign please): $40000
Private or Dealer Listing: Private Listing
Location (Region): Texas
Body Style: Coupe
Transmission Type: Manual - 5 speed
2 or 4 Wheel Drive?: 2 Wheel Drive
Engine Type: Fuel Injection
Stereo System: AM Radio
01-13-2017, 11:51 AM
#62
Basic Sponsor
Rennlist
Site Sponsor
Rennlist
Site Sponsor
It has sold too many times, hence the BaT angle. 
__________________
Access our GT Vault - click below to receive our regular blog on all things manual Porsche GT product, including exclusive listings.
Vetted cars, qualified buyers. Creating the best private marketplace for Porsche GT cars in North America.
Access our GT Vault - click below to receive our regular blog on all things manual Porsche GT product, including exclusive listings.
Vetted cars, qualified buyers. Creating the best private marketplace for Porsche GT cars in North America.
01-17-2017, 06:45 PM
#63
After several emails exchanged with BringATrailer, it seems I wont be going that route.
We had a disagreement on the value of the car, so they wouldnt let me set a reasonable reserve price for their auction process. Initially they told me I needed to be priced under 30k, which is ridiculous. I'm really disappointed with their decision to not list my car.
With that said, I will still entertain a sale, but I'm not in a hurry. The sale was just to clear some space in my garage, but that isnt an issue now.
In the interest of transparency, I will quote the email exchange with BringATrailer below. I will no longer be interested in bidding or selling with their auction process.
With all that said, I am in no rush to sell. It just seemed like the right time, since I was considering buying a 997 GT3, but even that desire comes and goes. If I have to enjoy the car for another track season, so be it!
We had a disagreement on the value of the car, so they wouldnt let me set a reasonable reserve price for their auction process. Initially they told me I needed to be priced under 30k, which is ridiculous. I'm really disappointed with their decision to not list my car.
With that said, I will still entertain a sale, but I'm not in a hurry. The sale was just to clear some space in my garage, but that isnt an issue now.
In the interest of transparency, I will quote the email exchange with BringATrailer below. I will no longer be interested in bidding or selling with their auction process.
Originally Posted by Howard@BAT
Hi Ryan,
Thanks for the submission. We think the car could be a good fit at the right price, but the race modifications will keep the price in check on this one.
Here is a stock Lightweight that we sold for $41k: http://bringatrailer.com/listing/199...3-lightweight/
We think the market for your car is under $30k.
Best,
Howard
BAT
Thanks for the submission. We think the car could be a good fit at the right price, but the race modifications will keep the price in check on this one.
Here is a stock Lightweight that we sold for $41k: http://bringatrailer.com/listing/199...3-lightweight/
We think the market for your car is under $30k.
Best,
Howard
BAT
Originally Posted by RyanZ06
Howard,
Thanks for the feedback. LTW owners are a very small community, I am well aware of that car you sold, missing vin tag and 100k miles, I think it went too cheap.. not to mention it was almost 2 years ago. I am very confident in my price. I have had excellent feedback from rennlist and m3 forum. [I was told] A dealer in SoCal just sold a 20k mile car with an s50b32 swap for 105k. It was flawless no doubt, but not an original motor. These cars have really jumped up in value in he last few years, if I had the original motor we would be talking about double my reserve even in current "tracked" condition. Having said all of that, a slick top 65k mile "non ltw" M3 with s54 swap would trade for 25K+ so I believe sub 30 for my car is not accurate. My price is very fair.
The weather here has been exceptionally bad, once it clears up I will have some more professional detailed photos taken. I am not in a rush to get the auction started, I just wanted to get the ball rolling.
Ryan
Thanks for the feedback. LTW owners are a very small community, I am well aware of that car you sold, missing vin tag and 100k miles, I think it went too cheap.. not to mention it was almost 2 years ago. I am very confident in my price. I have had excellent feedback from rennlist and m3 forum. [I was told] A dealer in SoCal just sold a 20k mile car with an s50b32 swap for 105k. It was flawless no doubt, but not an original motor. These cars have really jumped up in value in he last few years, if I had the original motor we would be talking about double my reserve even in current "tracked" condition. Having said all of that, a slick top 65k mile "non ltw" M3 with s54 swap would trade for 25K+ so I believe sub 30 for my car is not accurate. My price is very fair.
The weather here has been exceptionally bad, once it clears up I will have some more professional detailed photos taken. I am not in a rush to get the auction started, I just wanted to get the ball rolling.
Ryan
Originally Posted by Howard@BAT
Hi Ryan,
If you are firm on a $38k reserve we are going to pass on this one. Thanks for considering us and best of luck with the sale.
Best,
Howard
BaT
If you are firm on a $38k reserve we are going to pass on this one. Thanks for considering us and best of luck with the sale.
Best,
Howard
BaT
Originally Posted by RyanZ06
https://rennlist.com/forums/vehicle-marketplace/968879-1995-bmw-m3-ltw-5.html
http://www.m3forum.net/m3forum/showthread.php?t=564481
I have turned down several offers on this car because I was overwhelmed with interest and thought a transparent auction process was the best route. Many posters on the forum seem to agree. As a long time reader and bidder on BAT, I am really disappointed you would take this stance. If that is your final word, then I will move forward with working out a deal privately.
http://www.m3forum.net/m3forum/showthread.php?t=564481
I have turned down several offers on this car because I was overwhelmed with interest and thought a transparent auction process was the best route. Many posters on the forum seem to agree. As a long time reader and bidder on BAT, I am really disappointed you would take this stance. If that is your final word, then I will move forward with working out a deal privately.
Originally Posted by Howard@BAT
Hi Ryan,
We would be open to listing your car with a $31,000 reserve.
Best,
Howard
BaT
We would be open to listing your car with a $31,000 reserve.
Best,
Howard
BaT
Originally Posted by RyanZ06
The lowest I'd consider is 35k. let me know if this works for you.
-Ryan
-Ryan
Originally Posted by Howard@BAT
Hi Ryan,
We are going to pass on this one at that level.
Best,
Howard
We are going to pass on this one at that level.
Best,
Howard
With all that said, I am in no rush to sell. It just seemed like the right time, since I was considering buying a 997 GT3, but even that desire comes and goes. If I have to enjoy the car for another track season, so be it!
01-17-2017, 08:48 PM
#64
Good move - have heard them do this on other cars as well. Not sure but I am guessing the more rare cars the better - regardless of reserve. If it was another standard e36 m3 i would understand.
01-17-2017, 09:10 PM
#65
Rennlist Member
I think they are wrong on this one also, the LTW is a highly collectible car and your track mods are easily reversible. A s54 swap isn't considered a track mod. The 1/2 cage and aero...that's all I can see.
I should have bought this one, however I'm out for good now, having bought a BMW 2002 M2.
GLWS.
I should have bought this one, however I'm out for good now, having bought a BMW 2002 M2.
GLWS.
01-31-2017, 09:38 AM
#67
Rennlist Member
interesting exchange with BaT. i'm with you, set the reserve where you want it and see what happens. i wouldn't list with them, if i were you, either.
i had a LTW many years ago and remember this car when seth owned it. great, great cars.
glws.
i had a LTW many years ago and remember this car when seth owned it. great, great cars.
glws.
01-31-2017, 03:22 PM
#68
Advanced
Join Date: Dec 2016
Location: Toronto, Canada
Posts: 70
Likes: 0
Received 0 Likes
on
0 Posts
I don't get it, why are they so firm on their reserve? It's your car, so you should be the one to set the reserve you're comfortable with. I think $38k was well within reason. I didn't know that BaT operated like this, thanks for sharing.
02-06-2017, 01:11 PM
#69
According to BAT yours isn't worth $30k, but a 100 mile car missing the strut bar and x-brace is currently at $128k
http://bringatrailer.com/listing/1995-bmw-m3-23/
Bump for a nice car for sale at a reasonable price.
http://bringatrailer.com/listing/1995-bmw-m3-23/
Bump for a nice car for sale at a reasonable price.
02-06-2017, 11:18 PM
#71
Great car. BaT makes the most profit from the car selling. They get 5% of the selling price from the buyer up to $5K. So the $250 sellers fee is small compared to their potential earnings. Hence why they push for lower reserve pricing. So, if you sold your car for $40K, the buyer would be paying $42K. So your typical BaT buyer would be looking at a $44K investment with shipping.
02-07-2017, 09:00 AM
#72
According to BAT yours isn't worth $30k, but a 100 mile car missing the strut bar and x-brace is currently at $128k
http://bringatrailer.com/listing/1995-bmw-m3-23/
Bump for a nice car for sale at a reasonable price.
http://bringatrailer.com/listing/1995-bmw-m3-23/
Bump for a nice car for sale at a reasonable price.
I also have a hunch that they knew that car was coming through the auction pipeline and didnt want to somehow "risk" that auction by listing my concurrently. Fine with me.
I have deposit on my car.
