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 agoâ€. 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 $15,000 a decade ago, but smarter sellers have cashed in on E30 mania. 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 forâ€? 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 pretty insane – with top-condition cars priced at and selling well over $100,000. 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. Today’s car is priced towards the top and claimed to have been restored – let’s take a look:
