1998 BMW M3 Sedan

So the E30 M3 is probably out of your league, and clean examples of the E46 generation are getting more expensive by the day. The solution is still the E36. The Internet will make arguments all day long about how this car isn’t as special as the ones that came before and after, but the reality is that it’s still a M3. And you could make a compelling argument that it did (and still does) a better job of bringing sports car performance to a practical package that’s affordable to almost everyone. The S52 3.2 liter inline-6 doesn’t sound as great on paper as the race-derived S14, but it had two more peak horsepower than that strung out four. More telling was torque; 236 lb.ft at 3,800 rpms versus the Sport Evolution’s 177 lb.ft at 4,700 rpms. Yes, it was heavier; the curb weight of the M3 Sedan you see here was about 3,200 lbs. But the additional power made up for it, and the results should be no surprise. 0-60 was dealt with over 1/2 a second quicker than the Sport, a gap that was maintained right through the quarter mile.

And practicality? It’s no contest, really. Not only is the E36 safer, but the E36 added 4-doors to the recipe. Not to mention the costs to keep one running – check out the price of a S14 rebuild today, for example. Owning a legend often doesn’t come cheap, and in this case you the current bid on this 48,000 mile 1998 M3 is cheaper than what a proper rebuild of the race motor will cost you.

Then there’s the driving experience. Downgraded ///motor be damned, these cars are absolutely stellar to drive. I’ve driven each of the first three generations of M3 on track in anger, and the second doesn’t give up much to the bookends. It’s not as toss-able as the original nor as powerful as the third, but overall it’s right there. The steering is near telepathic, the shifting precise, the power band broad. It’s a deceptively good car and deserves far better than the treatment it’s currently getting, which is to mostly be ignored in the marketplace:

CLICK FOR DETAILS: 1998 BMW M3 Sedan on eBay

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Feature Listing: 2005 BMW M3 Competition Package

Update 11/8/19: This neat ZCP M3 sold for $20,800.

Among potential future classics, few shine quite as bright as the E46 M3. As a car thats (currently) affordable and still fairly new, the E46 M3 offers performance levels few sports cars reach. Its also one of the last BMWs mere mortals can work on, the last offering of the S54 motor before the M division switched to twin-turbocharged inline-6s and V8s. To some, the E46 was a mass-produced marketing tool; but to me, the E46 M3 corrected many of the perceived faults of the E36 M3. Of course, the motor was a large part, but outside the M3 was now really set off by flares, quad exhausts, bulges, gaping intakes and vents that really made it look as special as it was. Denied the CSL, for U.S. customers the most special of the breed were the late run ZCP Competition Package cars like todays Interlagos Blue example.

The ZCP Competition Package added quite a few special details to an already special car for the end of the run. Cross-drilled front brakes were enlarged and lighter thanks to a two-piece design and hid behind spun-cast BBS RC wheels. Those wheels measured 19″ x 8″ in front and 9.5″ out back and not only managed to look more menacing, but were lighter than the Style 67 18″ standard wheels despite being larger. Turning those wheels was a quicker steering rack spun by an Alcantara wheel and containing a special “M” track-mode with revised software for the stability control. The ZCP package also had the aforementioned Interlagos Blue Metallic (A30) as its signature color and specific code ZCP milled aluminum effect interior trim. Reportedly, Interlagos could not even be ordered through BMW Individual – if you liked the color, you had to get the Competition Package. While the same S54B32 as standard production lay under the hood, the 333 horsepower screamer wasn’t exactly a bad thing. 2,410 ZCPs were sold in the U.S., with 843 of them being Interlagos – making for not only a great driver, but an instant collector:

CLICK FOR DETAILS: 2005 BMW M3 Competition Package on eBay

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