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Feature Listing: 1998 BMW 328iC

By 1995, the BMW 325i had long established itself as the benchmark by which all other sedans were judged. Though it had only appeared in the United States for the 1992 model year, Europeans had access to the E36 as early as 1990. That meant they by 1995, the model was in need of a refresh and BMW was happy to oblige. But as the U.S. market was occupied by the M3 launch, the new non-M range-topper’s appearance would have to wait until 1996.

When the 328i did arrive, it was very much a case of ‘meet the new boss’; while not a fresh design, the light updates were met with more power to continue the 3-series’ reign at the top of the sales charts. The revised M52B28 was installed, and though it was more evolution than revolution, it was pretty good at spinning the needle thanks to 15% more torque than the M50 (207 v. 181). That meant real-world power and acceleration were at your hands, and matched with a manual gearbox the new 328i’s 0-60 time dropped into the low 7-second range. The changes carried over to the popular convertible range, which offered considerably more 4-seat sport than either the Audi Cabriolet or the E320 Convertible. At over $41,000 out the door, perhaps it should have, but then that price guaranteed that the drop-top 3-series would be prized by those lucky enough to order them.

Today, finding an E36 for sale isn’t very hard. But with the newest nearly 20 years old, finding a good one can be. These days, fewer and fewer appear like this very low mileage, well equipped 328iC:

CLICK TO EMAIL SELLER: 1998 BMW 328iC

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1995 BMW M3 Lightweight

I’m going to continue on the M3 theme, and again we’re looking at a ’95. Just the other day, I pointed out how the E36 M3 – even in ‘diluted’ USA form – was a great value for a driver-oriented enthusiast compared to the E30 M3. But that’s not true of all E36s. There’s the Canadian M3 – essentially, a Euro import with all the verboten goodies we didn’t get here, one of which we saw sell last year for $65,000. There the M3 GT, which also upped the ‘special’ quotient quite a bit on the mass-produced M, and also will cost you a pretty penny. But for U.S. specification collectors, there’s really only one option in the E36 catalog: the Lightweight.

Over the past few years I’ve written up several of these cars as speculation has continued to grow that this will be the next logical step in market capital following the E30. Asking prices have been, at times, what most would consider outrageous for the E36. But never quite this outrageous. I hope you’re sitting down, swallow and move the drink away from your computer. Consider yourself warned.

CLICK FOR DETAILS: 1995 BMW M3 Lightweight on eBay

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1995 BMW M3

Update 9/15/18: This M3 remains available at $8,500

An interesting counterpoint to yesterday’s no reserve M3 is, obviously, how much other generations of M3s cost. Like yesterday’s E30, today’s follow up needs little introduction as it’s been a fan favorite since day one. So how does this car compare to yesterday’s market hero?

Well, on paper the E36 is a better car. It’s quicker because it’s got more power. It’s cheaper to maintain. It’s no less adept in corners. And while it wasn’t quite the benchmark on international courses that the first generation was, the E36 was no slouch at the track either and is still a favorite weapon of amateurs and professionals alike.

This particular M3 stacks up pretty well against yesterday’s car. As with yesterday, it’s claimed to completely original though it’s clearly had some modifications. It’s also got about the same mileage at 126,500. And attract attention? Surely few will have difficulty spotting you in the stunning shade of Daytona Violet, here equipped with manual black leather Vaders. But the key yesterday was price, and here it is again:

CLICK FOR DETAILS: 1995 BMW M3 on eBay

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Litmus Test: 1991 BMW M3

Update 4/20/2018: After showing sold again at no reserve for $46,400, this 1991 M3 is back again on a new no reserve auction. Bidding is currently much lower, but I have a feeling that even if you’re the high mark at the end there might be shill bids involved here.

Update 3/28/2018: Although it was listed as no reserve and sold at $39,900, the 1991 M3 I looked at in February is back again on a no reserve auction. With a day to go, bids are already in excess of February’s auction. Will this one actually sell this time?

I’ll refrain from my typically verbose introductions, as even the few who only occasionally peruse our pages will need to hear about how, when, or why the E30 M3 came about. There’s not really much point in talking about the mechanicals, either – ‘S14’ has become nearly as recognizable as the chassis designation. Nor is this particular M3 a special edition, limited run, or race car. It’s not completely stock, it’s not perfect, it doesn’t have super low mileage, and it’s not the best color combination. No, there’s really only one reason to talk about this car. Price.

For a while it was only really outstanding M3s that were bringing big bucks. Pundits called it a bubble that was due to burst at any moment. I’m not here to say they’re wrong; it certainly does seem unsustainable. But, then, the U.S. economy also is pretty unsustainable if you boil it down to some basic facts, yet it seems to keep on rolling. And just two weeks ago another (albeit low mileage) example sold for $102,000. So today’s M3 is particularly interesting not because it’s the best or most rare example out there, but because it represents a much greater majority of the pool; cars that were driven and modified, even if only a bit, from their stock configuration. Yet unlike nearly all that are for sale today, the seller of this car has taken the brave step of testing what actual market value is:

CLICK FOR DETAILS: 1991 BMW M3 on eBay

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Roll the Dice? 2004 BMW M3

So guess what caught my eye here? No surprise, if it’s a yellow M3, I’ll bite. This one grabbed my attention first because of the hue, then the price – just under $14,000 on a no reserve auction? Well, it must have a million miles rig….nope, not here. So it MUST be an SMG then, right? NO ONE wants a SMG because the moment you buy one they will murder you in your sleep and kick your dog and shut down the government (*according to actual internet comments I’ve seen). But nope, it’s a 6-speed manual.

But the more I looked at it, the more questions were raised. Why was no one bidding on this slick E46?

CLICK FOR DETAILS: 2004 BMW M3 on eBay

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