I have a romantic vision that there will be some day that I’m able to go for a cruise on the weekend with my family in the fast GT car. Part of that stems from a childhood dream; my grandfather was lucky enough to own a Ferrari 250GT/L Lusso back in the 1960s and 1970s; it was long gone before I was any age to appreciate it, but I’ve always had a thought that I could buy one some day. Well, recent market changes have moved the Lusso from a $100,000 Ferrari to a $1,000,000 plus Ferrari – the chances of me ever buying one have gone from slim to none. Even the replacement models like the 365GTC/4 are also firmly out of reach too. So my dream of the classic Ferrari has moved on to more recent, affordable models. The 456GT is a great example – classic looks, perfect layout, and most reasonable examples can be had between $50,000 and $60,000. Great! The problem? Well, it’s still a Ferrari; frequent belt services seem to run between $6,000 and $10,000, the windows apparently fall out of place and are $1,000 to fix (if you can find and independent who can be trusted), even the brakes are multi-thousand dollars. What’s a reasonable option then? Well, I think the 850CSi is probably one of the best reasonable Ferrari replacements. But is it less money?
When I look through the history of E28 5-series I’ve written up, it’s not hard to notice a pattern. Most are modified, and most feature European-style modifications. Perhaps that annoys the purists and I’ll start off by saying a half-hearted ‘sorry’ to all of them, but here we go again.
It doesn’t take a much of a look to tell that this E28 has undergone the same series of modifications that the last ’87 535iS I looked had; namely, European headlights and bumpers and BBS Style 5s. But unlike that example, this one is done. As in, really, really done. If you’re looking for an as-new 535i with some stellar mods, check it out – but first, move the coffee away from the keyboard, especially as you get to the ‘price’ section:
When enthusiasts think of custom coachwork and Germany, one name usually springs to mind: Karmann. Most identifiable for their combination with Ghia’s designs for Volkswagen, Karmann produced not only their eponymous creation Karmann-Ghia in both Type 14 and Type 34 configuration, but also the Beetle convertible. Volkswagen’s association didn’t end there, though, as the first Rabbit Cabriolets, both versions of the original Scirocco and the later Corrado were all built by the firm. So, too, were some of the first Porsche 356, 911 and 912 models, along with the 914. BMW, too, turned to the firm for ‘Big Coupe’ production, from the 2000CS to the E24 6-series. But when it came time to take the top off of their small cars, BMW looked elsewhere.
From Osnabrück, BMW headed into the heart of the enemy’s home in Stuttgart, where Karosserie Baur was located. Baur was the company that BMW turned to when plans with Lamborghini to produce the supercar M1 fell through. Baur would later be the home that the infamous Group B Sport Quattro and Porsche 959 were produced in. In short, Baur was responsible for some of the most significant designs in German motoring and has plenty of expertise in factory-quality experience. It should come as no surprise, then, that they were the company that BMW selected to produce the first 3-series convertibles.
Taking the roof off the car seems simple enough; just grab a saw and say ‘How hard could it be?’ Well, not so fast, as structural rigidity rears its ugly head. Beyond that, in the 1970s government nannies were indicating that the idea of a topless car was going to be outlawed, leading many manufacturers – including all of the major U.S. brands – to abandon the idea. Baur’s solution to the problem was to create a roll hoop ‘Targa’ model, which as we know from Porsche models offered multiple roof positions while simultaneously solving the issue of structural rigidity and occupant safety. But Baur wasn’t able to utilize the ‘Targa’ nameplate, as Porsche owned the copywrite of the title. Baur instead called the new partially topless 3-series the Top Cabriolet, shortened to TC. BMW offered these as a full-factory option and maintained the warranty, as these cars were expensive in period – a 320i like this one hit the market at the equivalent of $14,000 in 1979 (about $50,000 today) and selecting the Baur TC1 option added some $6,000 (about $21,000 today) to the price. Just for reference, that’ll buy you TWO brand new 230is today.
Andrew’s ultra-low mileage 996TT was certainly impressive. But if you want a real ship-in-a-bottle moment, this post is for you. Perhaps it would be better termed car-in-a-bubble?
This 1997 BMW 740i was apparently bought new and then never used. It’s traveled just 158 miles in 23 years; I don’t live very far from the closest gas station to me at all, but basically I’d exceed the mileage on this car by doing a round-trip just to the pump only once every 365 days. Nuts? Yeah, probably. But here you go – if you want an as-new E38, this is the auction for you:
Every once in a while, something sneaks under the radar and offers a great opportunity to grab a quality classic for a relative bargain. Perhaps posting this blows up that chance somewhat, but odds are with only a few days left, Sars-CoV-2, and the recent stock market crash, you’re not in a position to drop everything and buy an extra car on a whim – but hey, who knows? And this one is a doozy.
What we have here is a rather inconspicuous 1995 M5. That means it’s a Euro car automatically, and yep, it’s a 3.8 liter S38 coupled to a six-speed manual. And, just like the last one, it’s my favorite Daytona Violet! But this one is a sedan and it doesn’t look like the best example out there, so what’s the draw? It’s a no reserve auction.
‘E36 M3s are garbage‘
You know you’ve seen the internet comments, probably more than once. Odds are, people saying that don’t own or haven’t owned a M3 at all, and more than likely even if they do, they haven’t owned an E36. But there was some weight behind the claim that in some regards the US-market E36 M3 was the least M3ish of all of the generations, and generally speaking they’ve remained the cheapest. That is, all except for one.
The Lightweight was a 1995 homologation special model with aluminum doors, a sport suspension, a shorter rear axle ratio, and an adjustable aerodynamic package. Deleted was the air conditioning, sunroof, and radio as well as some sound deadening, and rumor has it that the S50s were hand-picked for each of the 126 produced. These have been steadily climbing in price, and last year I was pretty shocked to see the asking price of one I looked at crack $100,000. But I don’t think anyone was ready for the results of the ex-Paul Walker group of five in January. If you weren’t paying attention, two hit $220,000, then $242,000, then $258,000. But the gem was the super low-mileage example that hammered for an absolutely astonishing $358,000 after premium. Mouth firmly agape yet?
So it’s no surprise that some of the lesser examples have come out of the woodwork, and this might be the lesser of the lesser. It’s a tired, slightly rusty, blown motor example – but it’s all there, and ready to be restored. What’s the ask?
The M Coupe has moved from cult legend into one of the most desirable M products produced. Late production S54 equipped models have recently topped $90,000 at auction. Add in a rare color and great condition, and they’re all the more desirable. While not quite a 1:1, the M Coupe is like the Porsche 964 and has gone from being ugly duckling to the market darling, and the S54 models are the RS America of the lineup.
For most of us, that means if you want a ‘Clownshoe’ you’ll need to look towards early production when they were equipped with the venerable S52. That’s not necessarily a bad thing, as lower running costs and higher production numbers mean much lower asking prices. Take this 2000 in Dakar Yellow, for example. First off, only 2,180 S52 M Coupes were sold here. Of them, 52 were Dakar Yellow II – so you know this one is special. But even more telling is the number when you consider slicktop models, of which this is one. Just 342 were delivered sans sunroof, and only 14 of those were Dakar. Just ten shared the black Nappa leather seen here. So this one is a very low production number car with interesting options and, in this case, fairly low mileage. What does that mean for the price?
If you’ve not been paying attention, pundents have been claiming that the classic car market is cooling ever so slightly. Bring a Trailer and the BMW 2002tii didn’t get the message, apparently. Just the other day, a European-specification 1972 tii traded for $102,002 before fees. See what they did there?
Anyway, I’ve previously lamented that I had opportunities to get into the Quattro market before the second wave of Group B insanity. Well, I also missed out on the classic E10 market. My first car was very nearly a ’73 2002tii, and while it’s extremely unlikely it would have ever ended up as nice as today’s Turkis example, it’s a nice thought, anyway.
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:
It’s hard to imagine being the bottom of the totem pole at Alpina, but the 3.5/1 might just be that car. In part that’s because the E34 lineup was so robust, featuring the cool 3.0 Allrad and the Learjet-channeling BiTurbo. When BMW ceased the production of the M30, V8 powered 310 and 340 horsepower 4.0 and 4.6 models replaced the inline-6. In comparison to those headliners, the 254 horsepower B10 3.5/1 seemed like an article more suited for the corner of page 2. However, consider for a moment that the B10 3.5/1’s power numbers weren’t too far off the contemporary super-saloon S38-powered M5 and it helps to restore some clarity to the impressiveness of the products rolling out of Buchloe. Today one of the 572 3.5/1s produced is up for sale in Massachusetts: