1997 BMW M3 with 22,000 miles

Low mileage M cars never cease to amaze me. How could someone purchase such a fine performance machine and resist the temptation to drive it? The mind rebels at such a thought. Nevertheless, another low mileage E36 M3 has cropped up outside of my hometown of Philadelphia.

1997 BMW M3 on eBay

1997 Cosmos on black sport manual interior M3///..Yes the miles are 22k and yes the car is as mint as a 22k vehicle should be. The vehicle exchanged hands from one enthusiast to another and W.A.S is proud to offer this as part of our inventory. Inspection II just performed, All the goodie options that include manual heated seats..Factory disc changer with cover…Did I mention this car drives and looks as good in person as it does in photos..Serious interest please and will consider other low mileage BMW’s in trade.

While I do prefer the sedan variant, this two door version is everything I’d want in my M3, save for, you guessed it, the oversized rear spoiler. I’m not quite sure what drove some owners in attaching these things on the boot. With it’s LED third brake light, it’s a very 90s touch in an otherwise timeless sports coupe. At $23,000, we are solidly into mint condition E30 M3 territory. To purchase this E36 at this price, one would surely have to have a preference for this generation over the legend that started it all. Realistically, we are probably looking at a maximum value of around $17,000 or so.

-Paul

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7 Comments

  1. The rich are different than you and me.

  2. “How could someone purchase such a fine performance machine and resist the temptation not to drive it?”

    That “not” doesn’t belong there if you want to say what I think you are actually trying to say.

  3. Thank you, now fixed. As a former editor, I’m embarassed to say I didn’t catch that.

  4. There’s a rather fanatical ultra-low-mileage crowd out there. I suspect more than a few of them will pony up crazy money for this.

    Personally, I prefer the sedan version also, but overall, the E36 isn’t my favorite 3-series to start with. You can’t deny the great colors and condition though – it’s quite a find for the right E36 M3 groupie.

  5. When I bought my ’99 Porsche 996 two years ago, it only had 14,000 miles on it. While I share your thoughts about having such a car and not driving it, I do appreciate the opportunity to experience such a low mileage Porsche at a reasonable price.

    This M3 certainly looks the part. The only nits I can pick with the car (based on the ad) are the aforementioned rear spoiler, what appears to be a lightly curbed wheel and possibly a set of tires needing replacement due to age.

    The price is a bit high in my opinion, but, where else are you going to find another one in this condition with these miles?

  6. “but, where else are you going to find another one in this condition with these miles?”

    Meh. A search on Autotrader.com turns up four with with less than 30k miles. Ebay, three more. EAG themselves have four with less than 50k including an LTW with 14k. And that’s all in less than five minutes.

    With e36 M3s you can pick your colour combination and option list at this mileage with a little patience.

  7. BMWs are just awesome, I love these toys!

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