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GCFSB Alumni: 2001 BMW 325i Touring

GCFSB Alumni: 2001 BMW 325i Touring

Published October 1, 2017 by Carter

s-l1600 (6)

Edit 10/01/2017: After fixing a few more things and covering about 10,000 more miles, the buyer of this unique 325iT has it back on the block again in a no reserve auction. – Ed

The E46 wagon has emerged as perhaps the last bastion of good, clean, simple German longroofing. Modern wagons are bulbous, overstuffed with features, and crazy expensive. The biggest options on today’s 325i Touring are color choices, while the mechanicals and general usability remain refreshingly simple: no sunroof, inline-6, 5-speed manual, manual seats. Manual, but in Tanin red leather, just the kind of curveball reader/seller Rob clearly likes. A nice, plain white exterior? Why not add discreet M-pinstriping and anything-but-discreet Creamsicle Orange lower valences? The 7-spoke Style 4s are nice but plain – leave them for the all-season tires and you get summer-rubber on blackened Style 68s! The colors may jump all over the place, but if anything they draw attention to a sweet car that represents a simplicity we have all but lost.

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1981 BMW M1

1981 BMW M1

Published September 29, 2017 by Carter

There are a few strange similarities between yesterday’s 1987 Volkswagen Scirocco 16V and today’s subject – the much more elusive and legendary BMW M1. Both were sporty cars developed from more pedestrian beginnings. Both featured high-revving dual-overhead cam motors. But the interesting part comes in the sublet of construction, and the design. Both have links to Giugiaro, but both also borrowed heavily from other designs.

In an article I penned for The Truth About Cars last year, I covered some of the development of the Wedge Era and how those spectacular show car designs channeled their design language down to more pedestrian models. One of the stars of that article were the cutting-edge looks from Giugiaro’s ItalDesign – the firm, and man, responsible for some of your favorites such as the basic shape for the Audi Quattro. But while the Quattro launched its brand into the luxury realm and redefined the 80s, the undisputed German star of the wedgey wonders was the BMW M1.

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1988 BMW M3

1988 BMW M3

Published September 8, 2017 by Carter

It’s only been a little over a week since I last looked at an E30 M3. A 297,000 mile example with extensive rebuild work, it brushed up against $40,000 in bidding in the no reserve auction.

Clearly, M3 mania hasn’t died down all that much.

Sellers have taken note; at any given time, there are a plethora of E30 M3s available on the market. Today’s search yielded no less than eight examples on eBay; average asking price? About $64,000. But that’s nothing compared to the nine that Enthusiast Auto Group have, including no less than five Sport Evolutions. If you have to ask….

But not many sellers are laying it out on the line. If the market really is plum crazy for these cars, why are more people not rolling the dice and taking market value? For example, if a nearly 300,000 mile example hits the best part of $40,000, what would a much lower mile example bring?

We’re about to find out.

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1990 BMW M3 with 297,000 Miles

1990 BMW M3 with 297,000 Miles

Published August 31, 2017 by Carter

I believe this is the perfect counterpoint to yesterday’s 968 Coupe. The recipe is much the same, though the result is even more legendary. But what I find so interesting in considering these two cars is not how similar they are, but indeed their opposites. Unlike the 968, this M3 was driven with aplomb, eclipsing nearly 300,000 miles so far. It’s not a particularly special color combination; Diamantschwarz Metallic (181) over Black leather is pretty standard though admittedly it looks very nice. It wasn’t unusually specified, as it carries the normal assortment of M3 options; air conditioning, sunroof, cruise control and electric windows. While yesterday’s 968 was basically factory fresh, obviously with the amount of miles on this chassis, to look anything like the photos it’s had to go under the knife and from the inside out this M3 has been thoroughly rebuilt. But the real tell will be what the hammer falls for in two days. While the immediate reaction of many to yesterday’s 968 was that it was heavily overvalued in asking price, I’m curious to see what the reaction to the bidding on this M3 – already at $28,200 at time of writing – is:

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2001 BMW M3 with 10,000 Miles

2001 BMW M3 with 10,000 Miles

Published August 10, 2017 by Carter

EDIT 8/10/2017 – IT’S BACK! Now with a $58,900 asking price, according to Hunting Ridge Motor’s site. With prices on the rise when the right combinations appear on these E46s, it will be interesting to see when and what amount it finally sells for.

EDIT 7/25/2014: with a few well placed seeds and some research, it appears that this car is the same one as the 10,000 mile M3 I wrote up in May here. That makes the asking price and modifications all the more puzzling. Thanks for the interest and sorry that I didn’t catch it the first time around!

What is the price for perfection? What would you be willing to pay for a brand new example of the car you love? There are certainly a lot of people who love the E46 M3 including me. I really think it was a high point of design for BMW; those sweeping arches, the delicate lines in the hood, the hunched, angry stance – it’s perfect, and best of all, it’s relatively affordable still. But many have already begun to fall into disrepair, and of course when you’re buying an older car you’re subject to what comes to market and managing repairs, restoration and asking price. But what if the car was effectively brand new? Chances are everyone would say “Sign me up!”, especially if that car was in one of the most sought after color combinations. They would, that is, until they saw the price tag:

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