1995 BMW M3 Lightweight

I’m going to continue on the M3 theme, and again we’re looking at a ’95. Just the other day, I pointed out how the E36 M3 – even in ‘diluted’ USA form – was a great value for a driver-oriented enthusiast compared to the E30 M3. But that’s not true of all E36s. There’s the Canadian M3 – essentially, a Euro import with all the verboten goodies we didn’t get here, one of which we saw sell last year for $65,000. There the M3 GT, which also upped the ‘special’ quotient quite a bit on the mass-produced M, and also will cost you a pretty penny. But for U.S. specification collectors, there’s really only one option in the E36 catalog: the Lightweight.

Over the past few years I’ve written up several of these cars as speculation has continued to grow that this will be the next logical step in market capital following the E30. Asking prices have been, at times, what most would consider outrageous for the E36. But never quite this outrageous. I hope you’re sitting down, swallow and move the drink away from your computer. Consider yourself warned.

CLICK FOR DETAILS: 1995 BMW M3 Lightweight on eBay

1994 BMW M3 Euro-Spec – REVISIT

As I’ve said before, I usually try to stay away from regurgitation of material. However, there were a few reasons to look at this European specification M3 one more time.

I’ve recently featured a string of Canadian Edition E36 M3s with some sticker shock for fans of the traditionally affordable chassis. The first was a Hellrot model in August with a $35,000 asking price. That car, to my knowledge, failed to trade hands because though it was actively bid upon, the reserve was never lifted in the mid 20K range. The next stunner was the Individual Giallo car in September, which broke predictions at the $65,000 mark. I looked at another Dakar model in November hoping to capitalize on those high asks, with a reported sticker price close to $30,000. It, too, failed to break the reserve.

The traditional, and very valid, argument to paying high prices for these cars is that they’re essentially just a stock Euro model with a number attached to them. Why not just import a much cheaper and more plentiful example of those then? To that point I had twice looked at a non-Canadian Edition but European specification ’94.

This Mugello Red model originally came to our site in October, 2014. With about 83,000 miles and in generally good condition, it was certainly a unique and appealing alternative to the normal M3. It popped back up in June of 2016 with a few more miles, poor photography and a little more wear. It was also boldly offered with no reserve, though the auction ended with an “error in the listing”; eBay seller speak for the bidding not heading in the direction they were hoping.

Well, here it is again. This time, it is listed by the same seller as the Giallo car. It’s been cleaned up and has some great photography.…

1 of 45: 1994 BMW M3 Canadian Edition

Conventional wisdom would have it that North America was robbed of the “real” M3; the undiluted, S50B30/B32, individual throttle body, floating rotor, continuously variable VANOS enthusiasts’ dream. Conventional wisdom, though, is wrong. Exploiting a loophole in importation laws, in 1994 BMW Canada commissioned a run of 45 exclusive European-spec E36 M3s. These were the full-fat BF91 rather than the BF93 which would come slightly later to U.S. shores. That meant the full spectrum of Euro goodies were optional on these cars, but most notably the 286 horsepower engine was the highlight. Each got a numbered plaque to commemorate fooling “The Man”, the only real changes from standard specification were the additions of daytime running lights and a third brake light to meet Canadian road laws. Sure, your E36 M3 is special, but these Canadian Edition cars are more specialerer. And this one isn’t in Canada anymore – it’s in the U.S.. Feel cheated no more, E36 fans!

CLICK FOR DETAILS: 1994 BMW M3 Canadian Edition on eBay

Well Spent Teens: 1995 BMW M3 and 1996 BMW M3 Euro Convertible

Last week we featured a string of E36 M3s, culminating in a very low mileage but high priced, lightly modified Dakar Yellow priced at $26,000. To me, it was a strong as considering there are many other very good E36 deals in the teens that would be equally striking and potential investments down the road. So, today I’m taking a look at two other E36 models, both priced about $10,000 less than the low mileage example, that I’d jump into first:

CLICK FOR DETAILS: 1995 BMW M3 on Craigslist

1994 BMW M5 Euro-Spec

It’s a bit of a Euro-spec day here at GCFSB, and both of the featured cars are rare to see on this side of the pond. In the case of the earlier 420SEC, it’s rare to see them because there weren’t many produced and stateside we have the 560SEC that ran at the same time; in many respects, the smaller motor is a curiosity and a neat side note, but offers no real advantage to U.S. buyers. However, this example is very different; a Euro-spec 1994 M5. While the M5 left U.S. shores in 1993, it soldiered on for a few years in Europe with a revised and enlarged motor. Dubbed the S38B38, the new motor gained 25 horsepower but importantly 30 lb.ft of torque – it was now only 17 horsepower shy of 100 more than the U.S. spec E28 M5’s S38B35. That made up for some extra pounds that adorned the E34 chassis versus the earlier M cars and the M5 was even more of a flyer once again. A few of these 3.8 cars and motors have made their way stateside but they’re still quite rare to find. Usually, they have some neat oddities that we didn’t get here, such as this example’s Hurricane cloth interior. All in all, it makes for one tidy performance package that’s still quite discrete:

CLICK FOR DETAILS: 1994 BMW M5 Euro-spec on eBay

Third Time’s the Charm? 1993 BMW M5 Euro-spec – REVISIT

One of the more interesting E34 M5s we’ve seen has once again popped up on eBay. This is the third time this lovely Japanese market, European-spec M5 has graced these pages. With a little under 116,000 miles on the clock, the car sold in the teens, traveled across the country to Wisconsin, and then reappeared on eBay with only a few more miles in January, 2014. After a few relistings, it finally sold for only an indicated $12,500. Well, now it has returned back across the country with what appears to be a thorough detailing and some much better photographs than the first two times. Still, this is the third different seller in a very short period of time, making me wonder why no one is keeping it. The new seller has raised the price substantially to nearly $22,000. Compared to what that amount buys you in other makes and other cars, I really don’t feel like the asking price is incredibly outrageous – except that you could have had it for half that amount 10 months ago and detailed it yourself. What do you think?

-Carter…

1993 BMW M5 Euro – REVISIT

We saw this stellar looking Daytona Violet European-spec M5 here in the U.S. last September. We loved the 3.8 motor, rare color and M-cloth interior – items not found on U.S. versions in general. Interestingly the car has moved to Wisconsin and has re-appeared on Ebay from a new seller with a new description, now at $15,990 “Buy It Now”. It’s about on par with good examples of the E34 chassis in terms of pricing, but this car has an interesting history; it makes me wonder why the new owner is flipping it so quickly and having added only a few miles. Second time’s the charm?

-Carter…