While the E30 320is was the defacto M3 Sedan of the first generation, it was not until the E36 generation that fans finally received a full-fat four-door small M. The sedan was then skipped on the E46 generation (I can hear ZHP fans shouting that their car is a real M right now), returned for the E90 generation, and then became the only body style thereafter as BMW introduced the new 4-Series nomenclature. Since its launch in the US for the ’97 model year, the M3 Sedan has been a niche model within a niche lineup on performance cars; practical and good-looking in a way that the long-door coupe sometimes lacks proper proportion in. Indeed, to me the most recent three generations of M3 Sedans look better than their two-door counterpart. While I’m not sure I feel the same way about the E36 generation, it’s nonetheless great to see one surface in a nice color with lower mileage, as many were loved well and driven hard. This Estoril Blue Metallic example I’m looking at today sure looks the part; but I’m not sure the juice is worth the squeeze: