1999 BMW M3 Convertible

As they had with the first generation, with the E36 BMW continued the tradition of chopping the top off its curb-hopping M3 to alter the character of the model substantially. The resulting “BK” models are the least produced of the second generation. In European form, some 3,800 were produced with a bulk of them heading to England starting in 1996. The U.S. model began production as the model’s run came to a close; in March 1998, the first of what would become 6,269 U.S. spec 3.2 M3 Convertibles rolled off the production lines in Regensburg. That meant the M3 outlasted normal E36 production, as if you walked into a dealer you’d find the all-new E46 model being sold along side these topless M3s. As they came towards the end of production, most of these M3s came as well-equipped as the E36 was available, and options included forged M-Double Spoke wheels and a removable hardtop. Extra bracing went in to stiffen the chassis, which resulted in a 10% weight penalty and slower performance – but I’d wager that wasn’t on most buyer’s minds. Of the just over 6,000 models sold here, the majority – about 60% at 4,017 – were sold with the 5-speed automatic. So today’s example is already in the minority; a last year example, it’s also a 5-speed. But to push it just that little more over the top, it’s also in the rare shade of 386 Fern Green Metallic:

CLICK FOR DETAILS: 1999 BMW M3 Convertible on eBay

1988 BMW M3

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.

CLICK FOR DETAILS: 1988 BMW M3 on eBay

2016 BMW M3 Individual

Speaking generally, there aren’t too many new cars that cross the pages of this site. It’s even somewhat rare for us to breach the decade-old mark; that’s the point where really nice used examples of our favorites start to become hard to locate. And, frankly since anyone can walk into a dealership, sign a few papers and walk out a lot lighter but with any specification car they can afford, the older metal is typically what draws our (and, hopefully, your) interest.

But once in a while something pretty special comes along, from a 911R to this car. The fifth generation F80 M3 has taken a huge leap forward in complexity, technology and performance. The S55 twin-turbocharged inline-6 is an absolute tower of power; while ultimate horses didn’t increase much version the E9x S65 V8 (425 versus 414), the torque was the big news. It was in part the final number – 410 lb ft., up an amazing 90 over the V8, but it was also the reality of when you could use that torque. The S65 developed peak twist at just shy of 4,000 rpms; the S55 does it at 1,850. Not only that, but the torque curve is billiard table flat until 5,500 rpm. The result, despite the heavy weight stature of the new gigantic F80, is astonishing speed.

By itself, the F80 M3 is a force to be reckoned with. However, this particular M3 is just that bit more special, as it was handed over the group at BMW Individual and painted in E46-signature Laguna Seca Blue:

CLICK FOR DETAILS: 2016 BMW M3 Individual on eBay

1990 BMW M3 with 297,000 Miles

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:

CLICK FOR DETAILS: 1990 BMW M3 on eBay

2001 BMW M3 with 10,000 Miles

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:

CLICK FOR DETAILS: 2001 BMW M3 on eBay

1995 BMW M3 GT

While you’re no doubt familiar with the great lament of the de-tuned E36 M3 and the inflated price of the very limited Lightweight model, Europe enjoyed a full spectrum of Motorsport performance. One of the potent additions to the lineup was that of the M3 GT. Intended to homologate racing bits and aerodynamic tweaks for the E36, 350 limited BF99 examples were produced in early 1995. The motor was turned up to 295 horsepower with hotter cams, special oil pumps and Motorsport oil pan and revised computer controls. They also had stiffened and lowered suspension, a strut brace and a 3.23 final drive. Outside new spoilers front and rear increased downforce, and like the Lightweight the GT wore the M forged double spoke staggered wheels. Harder to spot were the aluminum doors the car wore to help keep weight down. All were painted 312 British Racing Green and featured Mexico Green Nappa leather interior with Alcantara bolsters, special Motorsports badging and carbon fiber trim.

They’re a very special and rarely seen variant of the E36 M3, and increasingly in this collector market that means a higher asking price:

CLICK FOR DETAILS: 1995 BMW M3 GT on eBay

1997 BMW M3 Sedan

The first BMW to arrive in our family was an Arctic Silver E36. My dad bought the 318iS coupe from the British telecom giant he worked for, some time toward the end of the 90s. It was a manager’s company car and after three years serving on the fleet it was to be sold off. Ever since then, I’ve always enjoyed seeing arctic silver paint on this generation 3-series. Despite articles proclaiming that silver is the new beige, I think the color really suits the clean, crisp lines of the “dolphin” body shape. But the paintwork isn’t the only thing to admire about this particular car – an M3/4/5 (a four door, five speed M3). The sedan version of the E36 M3 is as fast and finely balanced as the coupe, but adds the practicality of two rear doors. A pocket rocket for those with a family to cart around, these cars are fun and practical, even if they are notably down on power in comparison with their Euro-spec counterparts.

CLICK FOR DETAILS: 1997 BMW M3 on eBay

1995 BMW M3

As the E30 remains unreachable and E46 pricing quickly heads upwards, the E36 remains a slightly less-appreciated alternative that is affordable for most enthusiasts. While it’s still possible to find wrecks of the popular chassis for only a few thousand dollars, if you’re willing to spend a bit more you can still find reasonably priced and clean examples. Admittedly, the pool is drying up as speculating vultures start to circle what was once an oasis of cheap speed. But this early ’95 in a fetching (and rare) color combination is more than just a distant mirage:

CLICK FOR DETAILS: 1995 BMW M3 on eBay

1989 BMW M3 Convertible

Update 8/22/2017 – Asking price on this M3 Convertible has dropped to $99,995.

I bet more than a few of you think I have it out for the E30. And, true enough, it’s not a chassis that gets nearly the press on this site that it does on others. Perhaps it is the culture which has emerged around the Cult of E30, maybe it’s just jealousy at the plethora of options and availability of parts that are both none existent in the E30 world.

Most likely, it’s because I like to be a little bit different than the crowd, and truth told that’s a hard thing to do in the E30 world.

But I have the potential solution for my problem right here.

CLICK FOR DETAILS: 1989 BMW M3 Convertible on eBay

Ending Soon – What We’re Watching

I’ve got my eye on another interesting and diverse set of affordable no reserve auctions this week. Take a look and feel free to chime in where you think cars will end! Let’s get things rolling with this BMW E28 with only a few hours remaining:

Click for Details: 1987 BMW 535is

This 1987 BMW 535is is definitely on the driver-quality side rather than a show piece; but all the important bones are there and the rust-free claim is worth its weight in 1980s Bavarian metal, anyway. Overall, though there are some obvious needs, for a 200,000 mile car it looks reasonably tidy and so far bidding is only at $2,500.

Click for Details: 2002 Volkswagen Jetta TDi Wagon

In an era of Volkswagen production that saw a sharp upswing in quality and performance, who would have guessed that the second most desirable model in the used market (outside of the R, obviously) is a Jetta Wagon with the diesel motor? Unlike its bigger brother Passat TDi Variant, the Jetta could be had with a 5-speed manual and they’ve developed a cult following. This one ticks the right boxes with lower miles, what appears to be good condition and the ALH/5-speed manual combination in a wagon, so bids are nearly at $7,000 with a few hours to go on the no reserve auction.

Click for Details: 1997 BMW M3 Sedan

After yesterday’s polarizing M3 Lightweight, we’re back to normal series production (and lower prices) with this still desirable M3 Sedan. In -3/4/5 configuration, these have quickly become the preferred weapon of choice for the practical E36 lover. In Artic Silver with Dove interior, this one isn’t stock, but with under 100,000 miles and in good condition, it looks like a solid investment at under $9,000 at time of writing.

Click for Details: 2000 Audi S4

An interesting, and more potent, counterpoint to the M3/4/5 is the Audi S4.…