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1997 BMW M3 Sedan with 48k miles

There’s been a lot of interesting BMWs over the last two decades that have captured my attention, but one car that always sticks out in my mind is the E36 M3 sedan. Sold in the US for two years only, this was a tidy looking four-door. While it was down on power from its Euro market counterpart, 240 horsepower from the S52 inline-6 was nothing to sneeze at, at the time. The first time I got behind the wheel of one of these sports sedans, it left such an indelible mark that over 15 years later, I still remember it as one of the tightest, well-balanced sports cars I’ve had the pleasure of driving. This M3 Sedan for sale in New Jersey has under 50,000 miles on the clock and is equipped with the preferred 5-speed manual gearbox, to make the most of what this 4-door has to offer.

CLICK FOR DETAILS: 1997 BMW M3 Sedan on eBay

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Year: 1997
Model: M3 Sedan
Engine: 3.2 liter inline-6
Transmission: 5-speed manual
Mileage: 48,450 mi
Price: $16,942 Buy It Now

1997 BMW M3 SEDAN MANUAL – RED/BLACK – 48K MILES – CLEAN CARFAX – THREE OWNERS – LEATHER – SPORT PKG – SUNROOF – MANUAL SEATS – MANUAL TRANSMISSION – VISIT WWW.PROJECTONEAUTO.COM TO VIEW MORE PICTURES OR CALL 201-635-1400 – WE FINANCE – NO HIDDEN DEALER FEES – WE BUY ALL CARS – LOCATED TEN MINUTES WEST OF MANHATTAN AND ONE MILE NORTH OF METLIFE STADIUM – OPEN MONDAY THROUGH SATURDAY 9 TO 7.

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There’s a couple things that stood out with regards to this car. First, three owners and such little mileage. I’d like to know more of the backstory on this car rather than just a short list of options. Second, the BMW emblems are missing from the alloy wheels. These emblems are perhaps some of the cheapest parts on this vehicle. It would certainly be worth sourcing these for a photo set like we see here. Also, the car appears to have a Dinan intake. It would behoove the seller to add color to any performance modifications like this. Last year, we saw a 1997 M3 Sedan with 17,000 miles pull $20,000. That could be considered an outlier, but if this car checks out, the asking price isn’t too unreasonable. I have a feeling we’ll be sitting here thinking back to the time of the $15k M3 Sedan at some point. Prices might not skyrocket a’la E30 M3, but I think these cars still have some more potential in the market.

-Paul

One Comment

  1. Greg
    Greg May 31, 2015

    I like the E36 M3 sedan alot more than the coupe and convertible. Unfortunately the U.S. version is more like a performance package or M Tech car not a real M. Similar to an E46 330i ZHP. They are great cars, better in many ways than real M cars, but they don’t have that special M engine that elevates them above the regular version. the euro versions will be 25 years old in a few years, if my mind were set on an E36 I would wait.

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