Car Forums  

Go Back   Car Forums > Vehicle Specific > European Imports
FAQ Search Today's Posts Mark Forums Read

Thread Tools Search this Thread Display Modes
Old 07-09-2007, 11:51 PM   #1
CF Newbie
Join Date: Jul 2007
Posts: 11
Bmw M3

Hey guys I am new to the forums, and I am in the market for my first car. I've saved up about 5,000 dollars and my dad said he would match whatever I saved by the time I was ready to buy a car. I've looked at a ton of cars, and I really like BMW's. So I was wondering if an M3 is a good choice, especially since parts are expensive for german cars, and with 10,000 dollars I would probably be getting an older M3 (95-98). Thanks for your help, and I am looking forward to any responses I might get.
Kian123 is offline   Reply With Quote
Old 07-10-2007, 12:24 AM   #2
CF Loafer
Cliffy's Avatar
Join Date: Nov 2003
Location: NE Hampshire, England, UK
Posts: 8,442
How old are you? Insurance could be an issue.

Please click here for the rules prior to posting, and here to introduce yourself!

Artwork courtesy of Gregg, aka Voda48
Cliffy is offline   Reply With Quote
Old 07-10-2007, 02:02 AM   #3
Enthusiast's Avatar
Join Date: Jul 2005
Posts: 1,106
I am very much in love with e36 (old M3s), the power comes on so nicely and they handle great, well at least in the dinan cars Ive never driven a stock BMW e36 but it cant be too much different, the only problems, would be the money you have for 10K you'd probably have to buy a higher mileage example and then maintenance would be an issue.
Enthusiast is offline   Reply With Quote
Old 07-10-2007, 03:45 AM   #4
elchango36's Avatar
Join Date: Jul 2005
Location: Last year @ SIUC
Posts: 2,122
Maintenance can be pretty pricey, and insurance will be catastrophically expensive for a new driver. Have you thought about this when considering the E36 M3? If you really like BMW's I'd recommend an E36 318ti for a starter BMW.
elchango36 is offline   Reply With Quote
Old 07-10-2007, 03:51 AM   #5
My mom says I'm cool
giant016's Avatar
Join Date: Jun 2005
Location: Western Mass.
Posts: 1,274
As it's been said, maintenence will likely become costly. As far as insurance though, I disagree a little bit with what was said earlier. Yes, insurance is high for young drivers in sporty cars, but insurance rates are based on the cars themselves as well. Although the M3 is quick, it is not cheap. For this reason, many of the owners were probably in their 30s/40s/50s, and don't get into as many accidents say Mustang/Camaro drivers who are often young, inexperienced, and dumb.

If you're not mechaically enclined and have no desire to learn, perhaps you should get a more reliable car to start off with and save up. Then again, that's no fun.
Submitted for the approval of the Midnight Society

giant016 is offline   Reply With Quote
Old 07-10-2007, 07:03 AM   #6
CF Newbie
Join Date: Jul 2007
Posts: 11
Yah, for insurance, my dad was gonna put his car (a Geo prism) under my name, and my car in his, that is if i get a sportier car, making the insurance a bit less. The main issue for me is like mentioned before the reliability and the cost of maintaining a BMW. I have also found a 1995 M3 with 89000 miles on it and its only 7300, the only problem is its in Oregon and I live in Michigan, making it impossible to test drive the car and get a diagnostic on it...but the price is way under blue book value.
Kian123 is offline   Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Forum Jump

All times are GMT +1. The time now is 10:18 PM.

Powered by vBulletin Version 3.5.4
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright 2002 - 2011 Car Forums. All rights reserved.