That the E30 M3 has been on a stratospheric price rise is old news. So are the stories of “I could have bought one for $400 20 years ago”. You know what? I could have bought a really nice piece of land near the coast in Rhode Island for 10% its current value 30 years ago, but I didn’t. Old, too, are the stories of what floor some ex-M3 owners got off at; for unlucky examples, it was $10,000 a decade ago, but smarter sellers have cashed in on E30 mania in the past year. Thanks to some big number sales late in 2015, the E30 M3 market is stronger than ever which raises the question of how high it will go. At what point will people say “You know what? This is a 4-cylinder near-luxury economy car that I’m paying $100,000 plus for”? It would seem that every time someone raises the flag of THE END IS NEAR another shockingly priced example clears what appeared previously to be an insurmountable hurdle and Mr. Toad’s wild ride continues. While there’s been a slight cooling in the acceleration curve, it’s still pointed directly towards the Moon today. Hagerty’s Condition 1 price valuation for a 1990 M3 is now $115,000, and the average value of those insured is $55,800. But the market has realized that many of the examples coming to market weren’t condition 1, or frankly even condition 2. Lesser than top-tier example’s value has gone almost completely flat, and now it’s the really exceptional models that are rising to the top rather than the entire crop. So let’s take a look at two of the best out there today and muse over whether this trend will continue to new heights:
Month: March 2016
There are the pretenders, and then there’s the Daddy. Or, in this case, there’s the Hammer. No other widened car in the 1980s was able to capture the imagination and hearts of so many enthusiasts as the W124 Coupes, and there were plenty to choose from. From DP’s shovel-nosed 911s to the straked Koenig creations, most of them were cool in an outrageous way but never pretty. AMG broke with that tradition, creating elegant lines that accentuated the design rather than underscoring the tacked-on nature of period modifications. The integration of the slick widened panels, perfectly matching wheels and upgraded interiors was met under the hood by another buck in 1980s tradition. As tuners like Dinan, Ruf, Alpina, Callaway, Abt and others all experimented with increasing power through turbocharging, AMG went old school with a monster motor. Rated at somewhere around 380 horsepower, the M117/9 four cam V8 provided the motivation to match the looks of the bespoiled W124. On top of all of this, you got Mercedes-Benz legendary bomb-proof build quality. The result was one of the best all around packages any modified car has ever come to market with:
CLICK FOR DETAILS: 1992 Mercedes-Benz 300CE AMG 6.0 Widebody on Autoleitner
The gorgeous Velvet Red 1989 Porsche 911 Carrera Cabriolet we featured last month remains up for sale. Pricing remains the same at $59,500 so all of that beauty won’t come cheaply, but for fans of the Cabriolet and classic 911 design this final year model of the 3.2 Carrera should make for a very promising addition to any stable.
CLICK FOR DETAILS: 1989 Porsche 911 Carrera Cabriolet on Excellence Magazine
The below post originally appeared on our site February 27, 2016:
Two weeks ago I took a look at a rare AC Schnitzer ACS3 Silhouette 3.0, the car that predicted the E36 M3 in many ways. Schnitzer has always been a bit left field compared to the more popular Alpina, but their products are generally very tasteful and seem to be sought with equal aplomb as their arguably more famous competitors. In many ways, the same things can be said of the E86 Z4 M Coupe. It’s got all the right components to make a stellar package, but seems to be generally overlooked as a potential classic at this point. Perhaps it’s because it’s too new, or the styling is polarizing? News flash: the styling on the Z3 was pretty polarizing not that long ago, too. Just like the end of the run Z3 M Coupes, the better driving Z4 M Coupes are stylish, different, and absolutely great to drive. Couple the two of these offbeats up and you should have a great combo, right? Well…..
CLICK FOR DETAILS: 2007 AS Schnitzer ACS4 Sport Coupe on Boston Craigslist
In the annals of S-class history, the W116 of the 1970s doesn’t get too much respect, with exception of the mighty 6.9, one of the largest engines ever to find a home in a post-World War II Mercedes-Benz. If you’re not after one of these thirsty beasts, perhaps target one of the lesser engined variants, if you could consider the 450SE “lesser” engined. This short-wheelbase 1974 example for sale in The Netherlands spent most of its life in France. Looking resplendent in Silver-green metallic over a rich and inviting velour interior, I think it’s about time we start taking this seventies S-class a bit more seriously.