The E38 7-series is perhaps the last classically handsome BMW. Its conservative, purposeful design has aged well and serves as poignant reminder of how things used to be, before the advent of Chris Bangle’s fussy futurism. Plutocratically expensive when new, today you can buy an early, high mileage, rough-around-the-edges example for a mere couple of grand. But the question is – would you want to? A $2k car that cost nearly $100k new is bound to be a ticking time bomb of wallet-rending catastrophe. To get a nice one you have to spend a little (but not too much) to get a lot (quite a lot, in fact). Around $10k will buy you a nicely sorted example – still not a lot of money, when you think about it – and just a smidge more will put you into a Sport model, like this one.
It’s nice to back away from some of the more exotically priced cars from time to time and look at a more reasonably priced enthusiast car like the E36 M3. For under $10,000, you can still find some pretty good examples of the breed and they offer a lot of bang for the proverbial buck with plenty of aftermarket support and an enthusiastic community full of model-specific hacks. Let’s take a look at another wildly colored example that caught my eye this week – one of the claimed 88 Byzanz Metallic Sedans imported: