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1995 BMW 540i M-Sport

Although the letter “M” attached to a BMW has generally represented the pinnacle of performance for the brand, the reality is the term “M-Sport” has not always denoted the same characteristics. Take the E82 135i, for example. The M-Sport package for that car consisted of slightly different 18″ wheels than the standard 18″ wheels and a black headliner. That’s it.

But zoom back in time to the beginnings of the title “M-Sport” and it meant a bit more. If you wanted a fast, executive super saloon in 1995, your options were dwindling. 1995 was the last year of the Audi S6, and one year after both the V8 Quattro and 500E were taken away. 1995 would also be the last year of the iconic M5, and hints were that it might be a long time before we’d see another. Why? Well, the reality was that with the 6 speed 540i the performance gap between the “super” M5 and the “normal” V8 engined 540 was so close it just didn’t make a lot of sense to have the premium model anymore. The S38 was by now a quite old motor and was getting harder to pass increasingly strict emissions standards; indeed, shrinking sales and high price had resulted in the M5 being pulled from the U.S. in 1993.

As a result, BMW offered a hint at what it could do with the V8 in the form of the M540i in Canada and the 540i M-Sport in the U.S. market. The Canadian model was quite close in spec to the European M5, except that in place of the venerable S38 it ran the M60 V8 out of the normal 540i. If that sounds like a letdown, it wasn’t – mated to the Getrag 6-speed transmission it was a great driver, and with the M5 adjustable suspension, brakes and cosmetic details it was 95% plus of the M5 for most drivers. The 540i M-Sport that the U.S. received differed a bit in not having the trick floating rotors of the M540i, but with nearly everything else out of the M bag of tricks these are cool cars, great drivers, and even more rare than the M5:

CLICK FOR DETAILS: 1995 BMW 540i M-Sport on eBay

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Feature Listing: 2008 BMW 550i M-Sport Dinan 5

It seems that with every progressive generation of BMW 5-series, the gap between the outgoing M5 and the top of the line non-M 5 series narrows considerably. While there wasn’t much of a contest between the E28 M5 and E34 535i, by the end of the E34 run the 540i M Sport was – for all intents and purposes – a M5 without the S38. BMW upped the ante to 400 horsepower in the new E39 M5, once again widening the gap to the 540i model. But the successor E60 545i offered 330 horsepower with matching torque in 2003 alongside the outgoing E39 and once again the gap in performance became much smaller. That gap was made almost imperceptible in 2005, when BMW revised the E60 with the increased displacement in the N62 motor.

Now sporting 4.8 liters from the N62B48, the new “550i” now had 360 horsepower and 361 lb.ft of torque – a near match for the S62. What was perhaps more amazing was that the new N62 also nearly matched the torque of the new E60 M5’s S85 V10. But while that screaming V10 produced far more horsepower, the peak torque was reached only at 6,100 revolutions – hardly practical in your daily commute. In comparison, peak twist on the N62 came at a much more realistic 3,400 r.p.m.s, and on the fly these 550is were – and still are – seriously quick sedans. They also introduced the next generation of design language and computer technology into the 5-series. Some love the look while others lambaste the design. While it’s certainly not my favorite 5, at least it’s distinctive and different in a world full of cookie-cutter designs and dare I say I think it may look better today than it did new – perhaps a testament to its avant-garde lines. While the lust-worthy V10 captures the imagination of enthusiasts, day-to-day the 550i is likely as fast 95% of the time and much cheaper to get into and run. Couple that with a host of Dinan upgrades and you’ll easily surprise M owners for half the price of the V10:

CLICK FOR DETAILS: 2008 BMW 550i M-Sport Dinan 5 on Dallas Craigslist

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Feature Listing: 2012 BMW M3 Competition Package

Update 5/7/19: This beautiful low-option E92 is on to a new owner!

While there’s no doubt that the E9x M3 was instantly recognizable as the replacement for the outgoing E46 model, there was an inconvenient truth that had snuck into the lineup: weight. Part of what had made the E30 such a curb-hopping maniac was that lack of heft even with all the accoutrements. By the time the E92 launched, the M3 had put on nearly 800 lbs of weight.

To motivate it the extra mass, BMW did effectively what it had done with the S14; it took its top-tier motor in the S85 V10 and removed two cylinders. The result was the S65 V8, and 414 horsepower was on tap for your right foot’s pleasure. That was a monumental leap from the E46; when the E46 launched with 93 horsepower more than the prior generation, I thought there was no way BMW could do it again. But they did, tacking on 81 horsepower to the prior generation’s total without forced induction. BMW topped the E46’s specific output per liter, too, besting 103 in the E9x – in a package which was 40 lbs lighter despite two more cylinders. Impressive, indeed.

Granted, if you were plunking down $60,000-odd worth of your hard earned credit, you’d want amenities like power seats, a nice radio, air conditioning – the normals that made it a better road car to live with day-to-day. But if you were clever in the boxes you ticked, you could still get the essence of what made the M3 the greatest car in its segment without a lot of frills. First would be the Competition Package, which gave you more variability on the suspension and more sideways action from the dynamic stability control. You got bigger wheels and stickier, wider tires to make use of that harder suspension.

Tick the 7-speed M-DCT dual-clutch transmission, and that track-readiness was taken to the next level. Then, you’d want to stop right about there. Of course, few people selected such a targeted, bare-bones performance oriented M3 out of the gate, which makes finding one today difficult:

CLICK FOR DETAILS: 2012 BMW M3 Competition Package on M3 Post

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1999 BMW M3 Convertible with 3,800 Miles

It’s interesting to consider how enthusiasts today view the E36 M3. Generally speaking, you’re either a completely devoted fan who insists that the E36 is not only the best M3, but perhaps the best BMW ever made. Why stop there? Why not go straight for best car in the history of the world, ever? On the other side of the coin, detractors love to point out that the second M3 was softened up for the U.S. market, that it wasn’t as potent, as pure, as Motorsporty as the original curb-hopping, box-flared legend.

Arguably, they’re both right. It’s certainly true that BMW made the decision to tone down the M3 for North American consumption. That was a really good thing for two reasons: one, that we got it at all, and two, that it remained affordable. Consider, for a moment, that the E30 M3 had grown quite expensive to sport all of that motorsport heritage. By 1991, the base price of the M3 was $35,900. Of course, it was competing against even more expensive cars like the Porsche 944S2, which was a further $10,000 more dear. While we can talk about driving spirit all day long, if we look at the fact sheets what you got was a bit soggy in comparison to today’s cars. Inflation corrected, the M3 would be around $62,000 – pretty much spot on the entry price for today’s M3. The new car has more than double the horsepower of the original and enough tech to launch all of the Apollo program missions.

So what was really exciting when the new M3 was launched in late 1994 was that price point; $36,000. That was some $14,000 less expensive than the European model, and yet performance was within a few clicks thanks to a revised version of the 325i M50 engine. In fact, many – including notoriously BMW-savvy Car and Driver – suggested that the U.S. spec M3 was a better choice than the more exotic Euro model for our roads.

Today, the E36 M3 remains for many the smart choice within the lineup. Long overlooked as the obvious choice, prices have remained low relative to its predecessor and even its replacement. Modern comparisons often skip the E36 entirely. But that doesn’t mean all E36s are affordable:

CLICK FOR DETAILS: 1999 BMW M3 Convertible on eBay

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2016 BMW M4 GTS

As recently as early this year, signs that special production car residuals were falling became evident. It was bound to happen as the market was for a time fairly crazy. The recipe was simple; pony up for a limited production car, turn around and list it for sale for 50% more money or more, and profit! We saw this in BMW’s limited M4 GTS back in 2016; I looked at a M4 GTS that was listed at $200,000:

2016 BMW M4 GTS

As a quick reminder, the M4 GTS was the stripped-down, hardened up version of the M4. BMW utilized a water injection system to raise horsepower to 493, while heavy (pun intended) use of carbon fiber helped keep the curb weight down to 3,550. All M4 GTSs made use of the 7-speed DCT dual-clutch transmission. They were limited to four colors; Sapphire Black metallic, Mineral Gray Metallic, Alpine White and Frozen Dark Gray Metallic. Only 300 were sent to the U.S., ensuring this was not only a track weapon, but a future collectable as well – and prices skyrocketed as soon as you couldn’t buy a new one.

So how has the M4 GTS market held up?

CLICK FOR DETAILS: 2016 BMW M4 GTS on eBay

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