12,500 ex VRT ? I'd say thats a fair price. Please though Mike, don't get all Irish and worry about the age of a car

Surely by that idea alone, how are 1979 911s still fetching more than 20K or better yet, E30 M3s fetching more than an E36 or 1986 AE86s fetching over 10K. The age of a car has an impact on the price, but it also depends hugely on what type of car it is.
An even easier way to justify the cost of the M3 would be to compare it with like minded/powered cars ?
94 TT Supra ? 14K minimum
Anything else we can compare it to ? RWD, front engine mounted, over 280hp...
or how about pricing out how much it would cost to get a smaller engine E36 of the same year and "upgrade" to M3 standard ?
What do you think is a fair price for a 94/95 M3 ?