A year and a half ago, it seemed like the E30 M3 market ceiling knew no limit, and they were on pace to quickly remove any hope for an affordable entry into the joys and mythology of the homologated, inaugural M3. As with the rest of the world, there’s been an economic reality-check, and E30s have come down slightly. Still expensive for 20+ year old BMWs, but at the least the market’s trajectory seems to have plateaued a little. This example is up on eBay with no reserve, so it could be picked off for a nice price ($7300 at time of writing). The trade-off for the nice price is its condition. Far from perfect, there are some rust spots, interior, and engine work that need to be tended to before this is a clean M3, but in my view, the E30 M3 is a car you get in however you can.
Yeah, it needs work. Quite a bit of work. But looking at those fenders, that front airdam, and those wheels, I don’t care. The E30 market has been so high because these cars are so damn special, and that includes the ones that need some TLC. The rapper Too Short said “Get in where you fit in,” and if you can get into the E30 M3 Club under $10k, you should.