After seeing the sweet deal on the Canadian BMW M Roadster, I got all S54-loopy and started looking at clownshoes. This is a dangerous hole for me, as it’s still one of the few cars (the E39 M5 being the other) that I pass on the street and think “hmm… that’s almost cool enough to supplant the E28 M5…” While the roadster was a steal for roughly $20k with just over 30k miles, this seller is capitalizing on the double-rare hot stuff that is the final-year, S54-powered ///M shooting brake. 50k miles is still quite low, but they’re asking almost twice the price of the Canuck. What do you think… down payment on a future classic, or speculative lunacy?
Click for details: 2002 BMW M Coupe on eBay
Year: 2002
Model: M Coupe
Engine: 3.2 liter inline-6
Transmission: 5-speed manual
Mileage: 44,966 mi
Price: $39,950 OBO
The perfect collectable 2002 M Coupe! With the highly-coveted and increasingly hard-to-find Limited-Production 3.2-litre S54B32 engine with 5-Speed Manual Transmission, this rocket ship is a guaranteed long-term investment in your finances and your fun. 45,000 gently driven miles. Absolutely no modifications ever. All Original Stock. Silver Titanium Exterior over two-tone Black/Bullet Grey Leather Interior. Pristine, Like-New Condition inside and out. Garaged in California and rigorously maintained. No accidents. Non-smoking owner. Factory options include: In-Dash CD43 Business CD Player, Harmon-Kardon Audio, Heated Seats, Power Flip-Up Moonroof, and Power Seats, Windows, and Door Locks.
I love these cars, but I don’t think I’m ready to go drop $40k on one. I’m not sure the market is there in general, but there just aren’t that many S54 M Coupes out there. Nice S52-equipped versions are reaching into the mid-$20ks, so maybe values really have climbed that quickly. Looks like the commonfolk looking for special and attainable collectible M-cars will have to settle for S52 versions or *gasp* E28 and E39 M5s. Too bad, because this one of my favorite funky performance cars ever made.
-NR
