This is one of the scarce 1995 M3 lightweight models, one of approximately 120 built. The lightweight model saves around 250 pounds off the standard M3, by losing things like aircon and insulation and adding things like aluminum doors. The 3.15 rear diff was replaced with a shorter 3.23 for quicker acceleration.
When purchasing one of the lightweights buyers had the option of adding the warranty voiding adjustable high wing spoiler featured on this car, which proved more down force, but hurt top speed or sticking with a lower model. The seller here says he has both spoilers, which is great, because the low spoiler looks much better. Plus since the lightweight came with a remapped ECU that removed the electronic top speed limiter, some owners wouldn’t want to slow the car down with a higher drag spoiler.
With 40,000 miles and a complete service history this appears to be a nice collector piece, but not to the point of being a cream puff garage queen. The rarity of this model along with the fanaticism of some BMW enthusiasts should bring a strong price that isn’t likely to lose value. This seller has a buy-it-now of $46,600 and bidding is at $35,000 with the reserve not met.
Learn more about the E36 M3 Lightweights here:
http://www.usautoparts.net/bmw/models/m3_ltw.htm
and here:
http://www.bmwmregistry.com/models.php?id=38
~Evan
Neat car, but really, buy a Euro M3GT or one of 45 Euro spec 1994 Canadian ones if you can for less money. I guess you can’t import them to the US.
Ended, not sold, with one bid at $35,000.