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1998 BMW M3 Standard Edition

Used Car - 79 500 km - Manual - Petrol - Lemon Garage, Vanderbijlpark CE 6 , Vanderbijlpark

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You're getting a Bad deal! This car is priced 11.6% higher compared to other cars

Asking Price

R 595 000

This car is priced 11.6% higher than the average retail value of this make and model.

Average Retail Value

R 533,233.33

The average price of all cars listed of the same brand and model.

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1998 BMW M3 Standard Edition Price Comparison

The average price of similar cars is R 533,233.33. The price of this car is R 595,000.00. This car is priced 11.6% higher than other similar cars.

Cars used in the price comparison:

Understanding the Price vs. Kilometers Done Scatter Plot

This chart helps you see how the price of cars compares to how much they’ve been driven.

  • Each Dot: Represents a car similar to the one you’re looking at.

    • Horizontal Line (X-axis): Shows the number of kilometers the car has been driven.
    • Vertical Line (Y-axis): Shows the price of the car.

  • Red Triangle: Highlights the car you’re currently viewing.

What This Means for You:

  • Lower Left Area: Cars that are cheaper and have been driven less.
  • Middle Area: Cars that have a typical balance between price and kilometers driven.
  • Upper Right Area: Cars that are more expensive and have been driven more.

Red Triangle Placement:

  • If the red triangle is towards the lower left: Your car is a great deal—priced lower and driven fewer kilometers than most similar cars.
  • If the red triangle is in the middle: Your car is priced and driven similarly to other cars.
  • If the red triangle is towards the upper right: Your car is priced higher and has been driven more than most similar cars.

This visualization helps you quickly understand how your car stacks up in terms of price and usage, making it easier to make informed decisions.

Understanding the Price Distribution Histogram

This chart shows how the prices of cars similar to the one you’re viewing are spread out.

  • Each Bar: Represents a range of prices (e.g., R 4,900,000 – R 5,000,000) and how many cars fall into that range.
  • Red Highlighted Bar: Indicates the price range of the current car you’re looking at.

What This Means for You:

  • Red Bar on the Left: Your car is priced lower than most similar cars.
  • Red Bar in the Middle: Your car is priced similarly to other cars.
  • Red Bar on the Right: Your car is priced higher than most similar cars.

This helps you quickly see where your car stands in the market and make informed decisions.

More 1998 BMW M3 Standard Edition Details

Performance Specs

  • Engine: 3.2L inline-six
  • Horsepower: 321 hp
  • Torque: 350 Nm
  • Transmission: 6-speed manual or 5-speed automatic
  • 0-100 km/h: Approximately 5.5 seconds
  • Top Speed: Approximately 250 km/h (electronically limited)

Ownership Costs & Maintenance

  • Average Initial Cost: Estimated between R300,000 and R500,000 depending on condition and mileage in 1998
  • Maintenance: High, parts and servicing are costly, particularly engine and transmission components
  • Insurance: Relatively high due to the car’s classification as a performance vehicle
  • Fuel Efficiency: Around 8 km/L combined, leading to higher running costs

Car Comparisons

  • Mercedes-Benz C43 AMG: Less sporty but offers more luxury features
  • Audi S4: Comparable performance but generally more modern amenities and all-wheel drive
  • Porsche Boxster: More of a sports focus with superior handling but less practical

Market Insight

  • Collector’s Item: The 1998 M3 is increasingly viewed as a classic, which can stabilize or increase its value over time
  • Demand: Due to its status and performance legacy, there is a consistent demand in South Africa
  • Resale Value: Good, especially well-maintained models are sought after by car enthusiasts
  • Financial Investment: Owning a 1998 M3 is viewed more as a passion investment rather than a cost-effective decision

Finance Calculator





Monthly Payments: R 10 891,51

Total Interest: R 248 689,03

Total Payment: R 784 189,03

* Please note that these calculations are only estimates and must be confirmed with your finance provider.

Frequently Asked Questions

How do you calculate the value of the cars listed?

We use an algorithm that analyzes various data points, including market trends, mileage, car condition, and historical prices for similar models. This helps us determine a fair market value and compare it to the listed price

The charts compare the car’s current price with average prices for similar models. You can see trends for different factors like the car’s age, mileage, and condition. This visual tool helps you understand whether the listing price is above or below the market average.

The price is influenced by the car’s make, model, year, mileage, condition, and location. Additionally, supply and demand in the used car market can cause price fluctuations. Please note that we don’t set the price, but the seller does.

Our pricing data is updated daily to ensure accuracy. We continuously track listings and sales across multiple platforms to keep our data current.

We provide a comparison between the car’s listing price and its market value based on similar models. If the listing price is below the market value, it may indicate a good deal. We also highlight the price difference on the page combined with a label Good, Bad, or Fair.

The mileage data is provided by the seller. We recommend verifying the mileage during the inspection and checking the car’s service history for any inconsistencies.

We don’t directly offer financing, but we provide links to trusted third-party partners that can assist with financing options tailored to your needs.

If you have any concerns about a specific car listing, such as suspicious pricing or inaccurate information, you can report it to our team, and we will investigate further.

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