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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:
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: