Author Topic: Project/conversion car price debate  (Read 526 times)

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Online RS ZWEI

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Project/conversion car price debate
« on: November 30, 2017, 11:49:31 am »

There have been quite a few discussions about the asking price values of a NZ built E46 M3 wagon conversion that is currently for sale on TM:

https://www.trademe.co.nz/motors/used-cars/bmw/auction-1474985701.htm

The concept is pretty cool and seems pretty well executed to replicate the one E46 M3 Touring that BMW built.

The question though is, what is a value of a said project car (yes its easy to say "What someone is prepared to pay for it).  Basically its two written off cars put together. A similar E46 M3 coupe in the current market done similar kms would be worth somewhere in the early to mid 20K's. What should this car with a 318 VIN be worth? Should it be worth more than the equivalent M3 coupe?
I guess for us VAG guys, the equivalent would a B5 A4 sedan fitted with the running gear and body panels from a written off B5 RS4. And would this be worth more than a factory B5 RS4?
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Offline robh

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Re: Project/conversion car price debate
« Reply #1 on: November 30, 2017, 01:59:31 pm »
To me rarity of a car only increases itís value if itís a limited run from the factory.  Anything that has been modded to make it rare doesnít really increase its value.  That said there are probably some notable exclusions like say singer with Porsche.
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Offline spooln

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Re: Project/conversion car price debate
« Reply #2 on: November 30, 2017, 02:51:21 pm »
Tech ically interest and looks to be well done, but less than a coupe. Auto as well whicb is less desirable.
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Offline schattenblau

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Re: Project/conversion car price debate
« Reply #3 on: November 30, 2017, 03:14:50 pm »
a well done fake m3 is still a fake m3

plus smg - yukkkkkkk

definitely worth less than a genuine e46 m3

$58k ?
the guy is on crack

$14-15k tops.

special car for special buyers

 :P

Offline le mans

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Re: Project/conversion car price debate
« Reply #4 on: November 30, 2017, 03:53:19 pm »
Looks nicely executed but surely it's not worth anywhere near what an M3 of the same vintage would.
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Offline luckychum

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Re: Project/conversion car price debate
« Reply #5 on: December 07, 2017, 04:57:18 pm »
Value is both objective and subjective.  $58,000 is way too high for any rational person, but if someone wants to pay that price, then clearly it's worth $58,000 to them.
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Offline schattenblau

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Re: Project/conversion car price debate
« Reply #6 on: December 07, 2017, 06:18:03 pm »
did it sell ?

 ;D

Online RS ZWEI

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Re: Project/conversion car price debate
« Reply #7 on: December 08, 2017, 11:35:30 am »
1980 VW Golf GTI Track Car
1995 Audi RS2
2003 Mini Cooper S
2006 Skoda Octavia vRS Combi
2009 Renault Megane 230 R26