This M Coupe was listed for sale by Car One in Santa Monica, CA for $19,995 with 106,094 miles. This was actually listed back in December, but I just stumbled across it on Craigslist now. Based upon the Carfax, it’s always been a California car, and has been dealer maintained. It was sold at auction 6/24/11 with 106,093 miles, so based upon the currently listed miles (106,100 in the photo below), it hasn’t really been driven since it was sold at auction. I imagine the price is a bit of a turn of to potential buyers. It’s not all that high for the rareness of the Coupe (1 of 9 Alpine White over Gray/Black), but for with 100k miles, it likely turns off buyers. 100k+ really isn’t much of an issue for any of the Z3/M engines (my S54 has nearly 115k and is going strong, and my previous M52 had 122k with no issues when I sold it), but there is a bit of a psychological barrier for a 12 year old car and that mileage. I’ve mentioned it many times, but white is such a great color on Coupes, and quite rare with only 103 (3.6%) AW M Coupes sold quite uncommon. The Dark Gray leather is also very nice, and from the photos looks like it is in excellent shape for the mileage. It appears to be all stock.
2000 M Coupe | Matte Black | Imola/Black
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Jon
/ February 10, 2012It’s actually been for sale since July 8, 2011. I think the price is fair, but I agree with your assessment that to most it would seem high for a stock S52 with >100,000 miles.