The Craigslist ad for this mid-level E30 M3 is titled “Priced to $ELL!!,” and beyond the creative spelling, the seller seems to be right. Most E30 M3s are priced to sell in some way, and even the immaculate $30k examples have a market. This one is by no means perfect, but isn’t a beater either.
Claims like “great shape” and “no rust” should investigated more closely, but if everything is in working order, this is a nice high-mileage M3. 162k miles is a lot, but beggers can’t be choosers, and these days the M3 following is almost entirely beggers. The interior needs help as most of these do, but I like the white on red a lot. The 5-spokes look decent but could be improved upon, and the Evo II spoiler looks fairly restrained in this application. All in all, seems like an M3 worth investigating. Get it under $12k and you’re the big winner.