Northern Exposure: 1994 BMW M3 Canadian Edition

I promise that it was not my original intent to run a Canadian market car this today, but it’s pretty apropos for this morning’s coffee intake. The Canadian Edition M3 is no stranger on these pages; I’ve written up two of the original 45 in the past few months. First was the Mugello Red car which had undergone some changes for stock.. Second was the staggering Individual Giallo example which set what I believe may be a record price for a non-Lightweight car. Today #40 has come up for sale and seems to lie between the condition of the two cars. Presented in fetching Dakar Yellow, where will the price of this E36 end up?

CLICK FOR DETAILS: 1994 BMW M3 Canadian Edition on eBay


Year: 1994
Model: M3 Canadian Edition
Engine: 3.0 liter inline-6
Transmission: 5-speed manual
Mileage 91,562 mi
Price: Reserve Auction

1994 BMW M3 EuroSpec

147,515 Kms

3.0 Liter S50B30 (Euro) 286 bhp Engine.

5 Speed transmission.

Limited Slip differential.

Runs smooth, no vibrations at highway speeds, while braking or turning.

Classis collector car, Limited edition EuroSpec #40 of 45 sold new in Canada.

E-Test and Mechanical Inspection Included.

New Tires.

I personally drove this car 4500 kms and it ran without a hiccup.

Clean and Rust free. Not a spot of rust anywhere on the car.

Car has been rear ended and repaired previously ( not in carfax ).

Additional Pics of the car can be seen here.

s1250.photobucket.com/user/eurojdmauto/library/Euro%20M3

HST (13%) Charged for all Canadian buyers. Shipping can be arranged anywhere in the world. Shipping costs, Customs, duties etc are extra and should be borne by the buyer.

This car can be exported to the USA. A letter from BMW NA can be obtained stating that the car meets US Safety regulations. EPA/Emission compliance is no longer required as the car is over 21 years old.

Contact for Appointment and Viewing

EuroJDM Auto Inc. ( OMVIC Licensed Dealer )

4 Queen St N, Unit 8A

Mississauga, ON L5N 1A1

Phone: 647 367 1603

We have other performance cars like Mazda RX8, Mitsubishi Evo 6.5 Tommi Makinen Edition (Red) etc.

Condition overall seems to be great and original, and the VIN correctly identifies this as one of the original Canadian Edition cars. Little about the history of the car is disclosed, although like the Mugello car the seller discloses this car was in an unreported accident. I wonder what the circumstances were there, and while I think most would appreciate the forthright nature of mentioning the accident, it does beg the question of why it was not an insurance job, how extensive the damage was, and what else has occurred in the 21 years this car has been around?

Still, miles are below average, condition appears well above average, and the model itself is quite desirable and in a great color combination. Bidding has been active but no where near the price we saw on the Giallo car; so far, the reserve is still on with around $11,000 worth of bids. That’s far short of where bidding took the higher mileage, less original Mugello car, and likely also far short of what the seller expects before lifting the reserve. I’d guess they’re hoping for around $30,000 or maybe a tad more, based upon the last sale. Whether North America has gone crazy enough to realize that in the last 24 hours remains to be seen.

-Carter

2 thoughts on “Northern Exposure: 1994 BMW M3 Canadian Edition

  1. These are Swedish spec cars. You can get a Euro one easy enough without the Hoopla of the 1 of 45s for a pretty reasonable fee.

  2. This dealer picked this one up in Edmonton, Alberta for $19,000 a few months before it re-surfaced in Toronto listed at $29000 (at least that was what was listed when i spotted it, he may have talked the guy down). He then presumably drove it across the country (that’s where the 4700kms comes from) . If he hasn’t done any work on it then he’s just going for the flip, hoping to make some e30 m3 money (presumably because this is the next in line to blow up: e30 m3 -> 320is italy/portugal spec -> clownshoe -> e46 m3 lightweight -> e46 m3 Canada Spec). There is a guy in Quebec selling a better euro-spec example that he bought last spring for about $17000, but he’s actually put some money into it (new Hankook RS3s!) and is unloading it for about 24K. And that one is a 3.2l 6-spd from Japan with those funky 90s cloth seats (unlike the above 2.7l with 5spd). Ur probably better off getting that Quebec one. Or one of many low-ish miles LHD euro spec examples from Japan via these Japan import dealers.

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