We’ve reached a point where the BMW E36 has probably dipped about as low as it will go in terms of value, with exception of some mint M3s on the upward tick and the exclusive M3 Lightweight. Most of us are familiar with all the different models of this range, including some of those which did not make it to US shores, like the Touring. This 318i Baur TC4, however, is a different proposition altogether. The relationship between BMW and Baur goes back a ways. Baur is a coachbuilder based in Stuttgart, Germany that has been collaborating on BMW convertibles since the 1930s. Their targa variants of the E21 and E30 3 series helped them gain notoriety, but they didn’t stop there. When the E36 3 series debuted in the early 1990s, Baur decided to try something different.
What you see here is a rarity amongst modern day automobiles, the four-door cabriolet. From the side profile, you’d be hard pressed to figure out this was a convertible of some sort, with fixed door frames and a canvas roof which would fold discreetly behind the rear seats. This 318i Baur TC4 is claimed to be the first on US shores. While it wouldn’t be an easy claim to verify, it is probably valid, as a little over 300 of these unique open-roofed sedans were made.