The M Coupe has really emerged as the next great thing in the BMW world, with nearly every single for sale advertisement riddled with hyperbole about how they’re the next big thing and how incredibly rare each particular color combination is. The truth is that if you’re just trying to get on to the M Coupe train, you’re a bit late to the party – but that doesn’t mean it’s not worthwhile to check out a good looking one:
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The E23 7-series is already a bit special, for two main reasons. First, as I mentioned when I wrote up a 733i a couple of weeks ago, you don’t tend to see them on the roads anymore. Second, the beautiful design, which shares a number of features with the shark-nosed E24 6-series coupe, matches anything put out by Mercedes-Benz in the same era in terms of elegance and style. That is not something that could always be said about BMW products, even if they were more fun to drive than their counterparts from Stuttgart. But this E23 is even more special, since it’s a gray market 745i. Not available in the US, this high-performance model represented the top of the E23 lineup in Europe and came with a turbocharged version of the 3.4 liter inline six cylinder M30 engine (here called the M106) and a host of luxurious and high-tech (for the time) accessories. Very few of these come onto the market, and rarely do they do so in the kind of condition shown here.
CLICK FOR DETAILS: 1985 BMW 745i on ebay
Feeling blue that all of the affordable classic options are quickly becoming, well, not so affordable? There are still bastions of value if you’re willing to overlook the flash of the big names and instead just focus on a clever, unappreciated car. The E21 might just be the most unappreciated BMW ever brought to the United States, but most of that reputation is thanks to a relatively soft M10 engine allocation and one of the worst applications of federally mandated crash bumpers. Move on up to the M20 and the associated European trim and the story changes quite a bit. Suddenly, you have a 7/8ths scale M635CSi on a very affordable budget:
CLICK FOR DETAILS: 1982 BMW 323i on eBay
The value of E36 M3s has been much debated over the past few years, with detractors snickering and deriding every asking price and speculators suggesting their worth is many times the average selling price. While it’s true you can find cheap E36 M3s, the question remains – where is the market going on these cars? The result of their relatively low value for such a protracted period means that today there just aren’t the glut of good examples that there once were, so when a really nice one comes along, now too do the bids. Case in point – today’s 1997 Coupe. A quick search of my local Craigslist ads suggests I can buy one of these for $6,500. No, actually, I can buy four of them, all for $6,500 (or less). So why would I pay more for this one?
CLICK FOR DETAILS: 1997 BMW M3 Coupe on eBay
Time capsule cars are fascinating. It doesn’t matter whether they’re high-performance exotics or run of the mill, entry level econoboxes, there’s always something deeply weird and alluring about finding a car built decades ago that still looks brand new today. It’s even more interesting when that car is an E36. This generation of 3-series will, I think, one day be regarded as a classic, but you’d be forgiven for doubting it, since so many of them out there for sale today are such dogs. For every nice example on the market there are ten cars that have been driven hard and put away wet. This ’93 325iS however looks pretty much the same as I imagine it did the day it left the showroom, which is not too surprising since it only has 34k miles on the odometer.