The 1991-1992 GTI followed the same basic recipe as the 1987 model we saw this past week, but everything was turned up a few notches. Starting in the mid 1990 model year, all US bound A2s received the “big bumper” treatment; new smooth aerodynamic covers front and rear. To help to differentiate it a bit, the GTI’s blackened arches were widened. Filling those arches were new 15″ wheels from BBS. The multi-piece RMs were lightweight and the perfect fit for the design, echoing other contemporary class-leading sports cars such as the M3. Volkswagen color-coded the mirrors and rear spoiler to match the car, as well. VW also gave the GTI a fresh face with more illumination; quad round lights filled the grill, and foglights illuminated the lower bumper. Prominent GTI 16V badges still encircled the car.
Power was up to match the heightened looks. Now with 2.0 liters of twin-cam fun, the GTI produced 134 horsepower at 5,800 RPMs and 133 lb. ft of torque at 4,400 RPMs. Coupled to the close-ratio 5-speed manual, that was good enough to drop 0-60 times below 8 seconds. That may not sound like much today, but at the time it was another league of performance compared to the typical economy car. Holding you in place were the same heavily-bolstered Recaros that special editions like the ‘Helios’ 1989 Jetta GLI Wolfsburg had enjoyed.
It was a recipe for success, but these cars were also relatively expensive in period, and fell into the global recession time frame which affected sales of nearly all European marques drastically. The general consensus is that around 5,000 of the last of these GTIs were imported, putting their rarity on the level of the M3. But because they weren’t M3s, there are far less around today to enjoy and few turn up in stock configuration for a myriad of reasons.…
It’s only been a little over a week since I last looked at an E30 M3. A 297,000 mile example with extensive rebuild work, it brushed up against $40,000 in bidding in the no reserve auction.
Clearly, M3 mania hasn’t died down all that much.
Sellers have taken note; at any given time, there are a plethora of E30 M3s available on the market. Today’s search yielded no less than eight examples on eBay; average asking price? About $64,000. But that’s nothing compared to the nine that Enthusiast Auto Group have, including no less than five Sport Evolutions. If you have to ask….
But not many sellers are laying it out on the line. If the market really is plum crazy for these cars, why are more people not rolling the dice and taking market value? For example, if a nearly 300,000 mile example hits the best part of $40,000, what would a much lower mile example bring?
We’re about to find out.
A decade on from the takeover of Hans Glas GmbH, BMW put the Dingolfing production line and engineers to work on their new big coupe. This allowed them to build the design in-house, instead of subcontracting construction of the 2-door as they had with the E9 to Karmann. The E24 was released in 1976, and compared to the Glas V8 they had borrowed for their premium product in the late 1960s it was thoroughly modern. Paul Bracq penned the lines as he did for all BMWs of the period, and but while there was a strong family resemblance between the 3- ,5- ,6- and 7-series cars, the E24 was where the long, low lines and sweeping greenhouse worked the best.
While initially the car was introduced to the world with many of the items from the E9 carried over, the U.S. got a special one-off for its introduction year. The 630CSi was brought in 1977 with a D-Jetronic fuel injected version of the M30B30 which itself had also seen duty in the E9. With slightly lower compression and emissions equipment fitted, it produced 176 horsepower and was shared with the contemporary 530i until 1978. But in late 1977, BMW yanked the 630 from the U.S., replacing it with the more powerful 633CSi.
While BMW’s sales between 1970 and 1977 had doubled (14,574 total vehicles to 28,766), the number of early 6s that made the journey was still relatively small. Couple that with thermal reactor failure that was a demise of many of the early U.S.-bound 3.0s, and of course the big nemesis of the 70s BMW – rust – and finding a lovely example of the early E24 here in the U.S. is quite difficult:
I believe this is the perfect counterpoint to yesterday’s 968 Coupe. The recipe is much the same, though the result is even more legendary. But what I find so interesting in considering these two cars is not how similar they are, but indeed their opposites. Unlike the 968, this M3 was driven with aplomb, eclipsing nearly 300,000 miles so far. It’s not a particularly special color combination; Diamantschwarz Metallic (181) over Black leather is pretty standard though admittedly it looks very nice. It wasn’t unusually specified, as it carries the normal assortment of M3 options; air conditioning, sunroof, cruise control and electric windows. While yesterday’s 968 was basically factory fresh, obviously with the amount of miles on this chassis, to look anything like the photos it’s had to go under the knife and from the inside out this M3 has been thoroughly rebuilt. But the real tell will be what the hammer falls for in two days. While the immediate reaction of many to yesterday’s 968 was that it was heavily overvalued in asking price, I’m curious to see what the reaction to the bidding on this M3 – already at $28,200 at time of writing – is:
EDIT 8/10/2017 – IT’S BACK! Now with a $58,900 asking price, according to Hunting Ridge Motor’s site. With prices on the rise when the right combinations appear on these E46s, it will be interesting to see when and what amount it finally sells for.
EDIT 7/25/2014: with a few well placed seeds and some research, it appears that this car is the same one as the 10,000 mile M3 I wrote up in May here. That makes the asking price and modifications all the more puzzling. Thanks for the interest and sorry that I didn’t catch it the first time around!
What is the price for perfection? What would you be willing to pay for a brand new example of the car you love? There are certainly a lot of people who love the E46 M3 including me. I really think it was a high point of design for BMW; those sweeping arches, the delicate lines in the hood, the hunched, angry stance – it’s perfect, and best of all, it’s relatively affordable still. But many have already begun to fall into disrepair, and of course when you’re buying an older car you’re subject to what comes to market and managing repairs, restoration and asking price. But what if the car was effectively brand new? Chances are everyone would say “Sign me up!”, especially if that car was in one of the most sought after color combinations. They would, that is, until they saw the price tag:
While visually most people would have a hard time telling a 1991 and 1992 V8 quattro apart, there were a bunch of little changes throughout the model if you were paying attention. The easiest change to spot was the BBS RG forged wheels that carried over from the 1991 model. At 15 x 7.5″ with a 35mm offset, they filled out the widened arches nicely. The more pragmatic change was in badging; after two years of no model designation (one with nearly identical looking but very different cars underneath for sale), the company finally decided other people besides the owner should know what they were driving. V8 badges were added to the grill and left rear of the trunk, and a “quattro” badge returned to the right side of the lid. Much less noticeable was a more pronounced exhaust, with twin stainless outlets now emerging straight out instead of the 1990/1 down-turned tips.
Inside there were few changes; minor gauge movement had occurred between 1990 and 1992. Connolly leather seats were now standard (as were nearly all items on the V8), and the wood trim was upgraded. The V8 came standard with the Cold Weather package, sunroof, ABS, and BOSE radio. Gone was the option to row-your-own, as the manual was removed from the U.S. market. However, a light revision to the shift points along with an integral cooler meant that the 4-speed automatic in the ’92-94 models was more robust.
But the big change was under the hood, where a new ABH 4.2 liter all-aluminum V8 met the owner. With 276 horsepower and 295 lb.ft of torque, it was the most powerful Audi you could buy in 1992, and acceleration matched the manual and turbocharged S4. All of this luxury and speed cost; the sticker price was now up to $54,000.…
We would be remiss if, during Shark Week, we failed to present an E24.
Well, here it is. And, frankly outside of the museum, I’m not sure that it gets better than this one.
First, it’s a late M6. They’re automatically better looking than the early M6s to me because of the color-matched bumper covers if nothing else. Second, this one is the perfect color combination of Royalblau Metallic (198) with Silver leather (201). Truth told, I’d prefer Lotus White Nappa (199), but I’m being quite picky. That’s because of the third item; with only 12,100 miles since new, this M6 is as close to showroom fresh as one can get it would seem. GREAT! I’ve found perfection! But, what price does that translate into.
Well, we have some comparable models to look at, amazingly. I featured a 36,000 mile 1987 reached $54,700 in bids this past April. The equally impressive 1988 Schwarz model with 32,000 miles asked $80,000. But this one? This one bats the asking price right out of the park at $135,000.
Neither the E24 M6 nor the E28 M5 need an introduction on these pages. Legendary even when new, they both captured the imagination of generations of German car enthusiasts and established the benchmarks for sedan and GT performance in period. Both went through a relatively long downturn in value, as well. And today, as each has moved firmly into classic status and the market ///Madness continues, each has increased in value considerably over where they stood a few years ago.
But with so many shared components, which is the one to get? While a lot of that boils down to personal preference, more so than ever it’s also dependent on your budget. We’ve seen asking prices for nice examples of each chassis hovering between $50,000 and $80,000 depending on mileage and condition, and with a hot market there’s no letup of good ones to choose from.
But what I have today is not the best examples of each. Both are higher mileage and neither is pristine. However, the real draw here in both cases is a no reserve auction format, giving us the opportunity to really see what’s what in the M market today.
As I talked about in the recent post about the 20th Anniversary Edition GTI, the 2002 ‘337’ was the GTI to get when they launched. The moniker derived from the original project code – EA337 – for the first generation GTI, and effectively the 2002 337 was a carbon copy of the 25th Anniversary model that was a Europe-only special from 2001. Hunkered down with the 1BE sport suspension, the 337 wore 18″ specially painted BBS RC wheels with low profile 225-section tires. Red calipers grabbed 12.4″ front vented discs and 10″ in the rear, also with veining. Powering the 337 was a 1.8 liter, 20V turbocharged motor, good for 180 horsepower, mounted to a new MQ350 6-speed manual gearbox. Underneath was a stainless steel exhaust system tuned to emit a bit more noise than a standard model. Inside the GTI got Recaro “Le Mans” red and black cloth seats, a special golf ball shift knob, aluminum interior accents and Monsoon radio system. Finally, a unique Votex body kit and retro badging helped to distinguish this model as the one to get for 1,500 lucky U.S. customers:
For fans of the GTI, the 4th generation offered a few “greatest hits” editions for the model. The first to launch was the 2001 “25th Anniversary Edition”, built to commemorate a quarter century of hot Volkswagen hatches – in Europe, at least. Since the GTI wasn’t launched in the U.S. until 1983, a “18th” anniversary wouldn’t have made much sense here. However, what was basically the 25th Anniversary Edition was brought here in 2002. The “337” Edition ran in 2002 with Votex bodywork and great BBS RC wheels, along with a cozy set of Recaro seats. Only 1,250 were sold out fairly quickly, so in 2003 Volkswagen continued the greatest hits parade with the release of the nearly identical 20th Anniversary Edition. Each was numbered and a total of 4,200 were made, each now available in three colors and with OZ-made Aristo wheels in place of the BBSs as well as different interior fabric over the same Recaro seats. They were popular new and have remained the Mk.4 to get outside of the R for the past 15 years: