Warning!
We have 15 years of archives. Links older than a year may have been updated to point to similar cars available to bid on eBay.
This site contains Ebay partner affiliate links, which may earn us a commission at no additional cost to you.
I still remember the first time I went to the track and saw the notorious M3 Lightweight. I had read about it coming in the BMWCCA magazine and it looked exciting. Sure, it still wasn’t the full bore M3 that the rest of the world got to experience, but if you were a track junkie it was a recipe made in heaven. With less weight and some trick aerodynamic aids added to the already stout out-of-the-box E36 M3, it was no surprise that several of the BMWCCA instructors who had other 3-series dumped them to get the Lightweight. They were also a hit in Club Racing, where they were turned up a few notches to make a serious track weapon. Today one such club racer is for sale from the seriously BMW-savvy group at Fall-Line Motorsports:
After failing to sell back in June when I originally wrote it up, the semi-mystery “Dinan-built” 318i racer is back up for sale. There is no more information offered this time around and the car is once again a reserve auction; I’d guess that the seller hasn’t changed their $28,000 expectation and this car will continue to be a hard sell – but it’s pretty cool to check out! What would you pay?
The below post originally appeared on our site June 30, 2014:
Obviously we write up a lot of cars at this site, and we see our fair share of cars from dealers with a real gap in information provided that we’d like to see. Often times, there seems to be no rhyme or reason to which cars get no description or why; they can be a 300SL Gullwing for multiple millions of dollars right to a first generation GTi. Despite the range of value, one thing unites these cars; there are enthusiasts who love to see them, and buyers who would really like to know more about the car. Today’s car is no exception; a 1993 BMW 318i, this would generally be a forgotten charm right now. The E36, while a great car in its own right, isn’t in favor the way the E30 is and consequently larger engined variants are plentiful, and more importantly cheap. So what is interesting about this economy car turned racer? Well, it’s a claimed Dinan built car, and for a time in the 1990s BMW handed Dinan the keys to build some pretty wild semi-factory backed racers – so they’re well versed. But the mystery isn’t solved there:
Going to the track is like any other addiction; it has its highs and lows. You may start going with a stock car, but soon you’ll feel the need to modify the suspension, beef up with wheels and tires, throw on some racing brakes, strip the interior and all of that heavy stuff that slows you down like air conditioning, sound deadening, and seats. Then you drop a cage in and hit the track; all smiles, no doubt, but it’s been an expensive journey and your track weapon is really only good at fast laps for a small percentage of its existence; the rest of the time, it just sits or is exceptionally uncomfortable and inconvenient as a daily driver. Plus, modern cars have gotten so expensive and complicated, with enough computer aids that they can nearly lap themselves. What is an enthusiast to do, then? Well, you can look towards some perennial favorites that helped to establish the reputation of BMW; the M3. In this case, I have two examples that are set up to hit the track – a racer E30 and a street-drivable but track-biased E46. Which is your flavor?
Obviously we write up a lot of cars at this site, and we see our fair share of cars from dealers with a real gap in information provided that we’d like to see. Often times, there seems to be no rhyme or reason to which cars get no description or why; they can be a 300SL Gullwing for multiple millions of dollars right to a first generation GTi. Despite the range of value, one thing unites these cars; there are enthusiasts who love to see them, and buyers who would really like to know more about the car. Today’s car is no exception; a 1993 BMW 318i, this would generally be a forgotten charm right now. The E36, while a great car in its own right, isn’t in favor the way the E30 is and consequently larger engined variants are plentiful, and more importantly cheap. So what is interesting about this economy car turned racer? Well, it’s a claimed Dinan built car, and for a time in the 1990s BMW handed Dinan the keys to build some pretty wild semi-factory backed racers – so they’re well versed. But the mystery isn’t solved there:
Okay, so most people don’t seem to get into the race cars I’ve been posting. That’s okay; I get that owning a race car is a bit of a luxury and doesn’t make sense for 99.9% of the population; they’re compromised vehicles that are expensive to maintain and generally spend a tremendous amount of time doing exactly nothing. Think of it then as a 401K, then; but instead of a crazy year end bonus to some CEO you’ll never meet, you get to once in a while take it out to the track. What better way to achieve this than with an affordable track/race car?
Many times when instructing students at the track, I’m asked what they should do to the car; often times the answer is that it’s better to look at a track car if you’re serious about going to the track. Two of the best and most affordable options are the Porsche 944 and BMW M3; sporting offerings in their original configuration from two sporting manufacturers, they offered near perfect balance, good aftermarket parts availability, plenty of competition if you want to go racing at the next level and – best of all – you can do it all on a budget. Let’s start with the M3: