M3 is on hold because of the Monster attack!

Yup. That's right. Monster has taken over my search for M3.. for the timebeing. No worries though M3s of the world.. I WILL BE BACK HUNTING YOU!

Another crazy asking price: 2002 Laguna Seca Blue BMW M3 Coupe - $28500 (Sherman oaks)

Private Sale. I've witnessed some ridiculous asking price on used E46 M3's during my search, only to see the sellers to lower the price after weeks and months of waiting with no buyer in sight, but this one seriously trumps all of them. 2002 MY, Laguna Seca (ok, some people love it, but some people also don't even want to go near it) with the least desirable GRAY interior with 82,xxx miles. No Navi, No Cold weather pkg, No factory 19" wheels. 2002MY also means no LED tail, no front stabilizer bar, no fix on some early issues of E46 M3 (bearing, etc) and subtle upgrade that came with 2003.5+ MY cars. KBB's maximum value is at around $14.5k. Yet, the seller has the audacity to ask $28,500!!!!!!!!!!!!!!! I am speechless....

Another crazy asking price: Selling my 2004 IR/IR 6MT // 62.5k miles // asking $27k

Another punk kid who thinks his car is worth way~~ more than he can chew on. Private Sale. m3forum. Seriously, one thing that puts me off from buying M3 is its 'certain' owner base. This one is clean and IR/IR can be desirable, but some won't even want this color. KBB value on this is around $20k.  For $27k of his asking price, you can get a 05/06MY M3 with similar/less miles with ZCP. I will just watch the price drop on this..

FS:04 MB/black 6 spd coupe-60k-TN // $22k

Private Sale. m3forum. It looks quite clean and nice.. but I am just not sold much on the color. Also It;s in TN. at asking price of $22k though, I would be interested in checking it out if it was in nearby in CA. KBB value >> $20k

2005 E46 M3 stick, alpine white, red leather // $26k // 57k miles

Private Sale on m3forum. Alpine White with Imola Red! 2005MY!! 19" factory wheels, premium pkg. Inspection II done. no other options. =( Great color combo, but no option kinda throws me off, as well as asking price of 26k. It's in New Jersey any ways... KBB value >> 23k

Another crazy asking price: CA:02 M3 black/Cinn/6spd 15k minor fender bender

Private Sale. m3forum. Oh boy.. where do I start with this one? 2002MY Carbon Black / Cinnamon, 91k miles. Clean car with Fender-bender on the front left. Asking 15.5k and not a penny less! He should simply fix the car at his own cost and list for at 16-17k. It's just too inconvenient to get it fixed, especially for his asking price of 15.5. He mentions he won't take 14k.. I think he should take it.

Another crazy asking price: 2005 BMW E46 M3 Fully Loaded - $25000 (Los Angeles)

Private Sale. Craigslist. If someone pays $25k for this, they are nuts! with 81k+ miles, SMG, no Competition pkg, at maximu, AT BEST it's worth around $20-21k... Again wish the seller all the best on sale!

2004 BMW M3 Coupe - Black - $16995 // 89k miles (Sherman Oaks, CA)

Craigslist. Only if this was 6 speed manual... Black/Black. 2004MY. 19" Factory wheels. No Navi/Cold Weather.

Another crazy asking price: 2002 BMW M3 Coupe 62K Miles, MINT - $21900 (Laguna Niguel)

Private Sale. Craigslist. Comon guys... your car is not worth that much! 62K, 2002MY, normal Silver exterior Black interior.. Asking $21.9? You are out of your mind! This car is at best, AT BEST worth around $17k. BTW, I am not even interested in Silver exterior. Wish the seller all the best on sale.

Time to look at alternatives?

Well... while I know I must be patient when buying a used car, especially with a set of criteria, it is not too fun just waiting. I missed on 2 white ones.. and most likely one great Jet Black / Imola Red already. And when you have time waiting, you get to entertain yourself with other thoughts. I am going to list my Suzuki up for sale after this weekend's polishing. While M3 is still the top choice, Ducati Monster 1100S (San Diego, 3k miles, $10800) / StreetFighter or BMW Z4 M Coupe/Roadster  (San Diego, 52k miles, $22850, 858-429-4057) are looking very very tempting...