Regan-Man: 1979 BMW “645 CSi Turbo”

Update 7/08/19 – After raising and lowering the price several times, this very unique “645i Turbo” is back on the market in 2019 for $19,900 today.

I really love how these cars sometimes send you down the rabbit hole. What attracted me initially to this E24 was that it was a European-spec car and it had a pretty high asking price at nearly $23,000. Alone that wouldn’t be enough to warrant a post, especially given that from the first photo I glanced at, it doesn’t look spectacular.

But there’s a lot more than meets the eye when considering this car, and it has a lot more to do with the personality behind it than the current condition.

The name Albert Mardikian probably doesn’t mean much to you. Mr. Mardikian is a partner and the Chief Technology Officer behind ReGreen Organics, a company which deals with a lot of shit, for lack of a better term. I’m not being flippant. They’re an organic solid waste management company.

And it is in this capacity that Mr. Mardikian’s philosophy is particularly interesting when considering this car. He proclaims that he has a “passion for bettering our world”, yet his past would seem to have little to do with environmental improvement. That’s because in a past life Mr. Mardikian was also the proprietor of Trend Imports. Ring a bell? If not, perhaps a perusing of the Tom Cruise movie Rain Man would help you out. Mr. Cruise’s character’s subplot – an importer of exotic cars held up by the EPA – is based upon Mr. Mardikian. Because if you were in L.A. in the early 1980s and you wanted a gray market car, Trend Imports was where you went. And just like the main character in the movie, Mardikian got in quite a bit of trouble for the Lamborghinis, Ferraris, Rolls Royce and other models he imported by skirting EPA emissions laws.

Though his troubles with emissions laws dated back to 1981, Mardikian continued to be the turn-to source for ultra-exotics in the early days of importation. He also built custom convertible versions of some of the most famous 80s icons – Mercedes-Benz 500SECs, Lamborghini Countachs, Ferrari 512BBis, Porsche 930s. How about those replica Daytonas for Miami Vice? Mardikian. And he made more more neat creation – he married the turbocharged M102/6 from the European version of the BMW E23 745i with the slinky shape of the E24, creating his own “745CSi Turbo”:

CLICK FOR DETAILS: 1979 BMW 645CSi Turbo on eBay

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Feature Listing: 2008 BMW 550i M-Sport Dinan 5

It seems that with every progressive generation of BMW 5-series, the gap between the outgoing M5 and the top of the line non-M 5 series narrows considerably. While there wasn’t much of a contest between the E28 M5 and E34 535i, by the end of the E34 run the 540i M Sport was – for all intents and purposes – a M5 without the S38. BMW upped the ante to 400 horsepower in the new E39 M5, once again widening the gap to the 540i model. But the successor E60 545i offered 330 horsepower with matching torque in 2003 alongside the outgoing E39 and once again the gap in performance became much smaller. That gap was made almost imperceptible in 2005, when BMW revised the E60 with the increased displacement in the N62 motor.

Now sporting 4.8 liters from the N62B48, the new “550i” now had 360 horsepower and 361 lb.ft of torque – a near match for the S62. What was perhaps more amazing was that the new N62 also nearly matched the torque of the new E60 M5’s S85 V10. But while that screaming V10 produced far more horsepower, the peak torque was reached only at 6,100 revolutions – hardly practical in your daily commute. In comparison, peak twist on the N62 came at a much more realistic 3,400 r.p.m.s, and on the fly these 550is were – and still are – seriously quick sedans. They also introduced the next generation of design language and computer technology into the 5-series. Some love the look while others lambaste the design. While it’s certainly not my favorite 5, at least it’s distinctive and different in a world full of cookie-cutter designs and dare I say I think it may look better today than it did new – perhaps a testament to its avant-garde lines. While the lust-worthy V10 captures the imagination of enthusiasts, day-to-day the 550i is likely as fast 95% of the time and much cheaper to get into and run. Couple that with a host of Dinan upgrades and you’ll easily surprise M owners for half the price of the V10:

CLICK FOR DETAILS: 2008 BMW 550i M-Sport Dinan 5 on Dallas Craigslist

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Wednesday Wheels Roundup

Welcome back to Wednesday Wheel Roundup. Today, I wanted to check out a few sets of wheels that differ quite a lot in size and taste. First up are a set of 19” Mercedes-Benz Monoblock wheels. They are a 19×8.5 and 19x.9.5 that let you run some really wide tires if that is the look you are going for. These are seen as the ultimate wheels for the W140 or the R129. Next are another set of 19″ wheels but this time from Brabus, followed by a hard-to-find set of BMW Style 38s. These 3-spokes are now back in style thanks to the resurgence of everything 80s and 90s now. Speaking of, Carter tracked down a few sets of DP Motorsports wheels following up on yesterday’s DP935. Carter also threw in one of his favorite 911 wheel designs – the Speedlines from the 993 Targa. The last two sets are great options for the cars who want to upgrade from their stock 14″ wheels into a 15” set, but keep the OEM look. A very clean set of ATS wheels that look identical to the factory 14” Bundts open up an entirely new world of tire choices and if you want to keep your hubcaps, a set of 15″ steelies with the ultra-rare 15″ hubcaps that were on the W100 600 and some ambulances in Europe.

CLICK FOR DETAILS: Mercedes-Benz 19″ Monoblock Wheels on eBay

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Feature Listing: Supercharged 2002 BMW M5 Dinan S2

I promise that this post wasn’t by design, but rather is completely a coincidence that it follows hot on the heels of the neat supercharged E34 540i 6-speed from yesterday. How do you possibly trump that potent hot rod? Well, starting with a M5 is probably a good bet.

If the E34 was a potent athlete, the E39 comes across as a consummate professional. It was immediately the new benchmark for sports sedans once again, and when BMW finally did make the call to bring a M5 to market they produced what many consider to be the definitive driver’s car in super sedan form. Whatever you had from the period, the M5 was just plain better. With 394 horsepower kicking out of is snorting S62 V8 and mated solely to a 6-speed manual transmission, it was hard to conceive how that package could possibly be improved upon.

That didn’t dissuade Steve Dinan, though. His S2 package fixed a car that wasn’t broken according to Car and Driver. Power was up to a massive 470 yet the car was still naturally aspirated. Bigger, better intake was met with bigger, better exhaust, and the whole package was kept up with bigger, better suspension and slowed down with bigger, better brakes. It was…well, bigger and better. 0-60 was dispatched in a tick over four seconds and it would do a standing quarter-mile in 12.7 seconds. These numbers won’t scare a Dodge Demon, granted, but are still really respectable today.

Of course, if “respectable” isn’t quite enough for you and you really need to surprise that Demon driver…

CLICK FOR DETAILS: 2002 BMW M5 Dinan S2 on Austin Craigslist

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Quit Clowning Around: No Reserve 1999 BMW M Coupe 6-speed

The M Coupe has moved from cult legend into one of the most desirable M products produced. Late production S54 equipped models can top up to $60,000 asking prices. Add in a rare color and great combination, and they’re all the more desirable. While not quite a 1:1, the M Coupe is like the Porsche 964, 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. Still, it’s not unusual to see atmospheric asks, such as this 2000 M Coupe in Estoril with Estoril leather. With only 56,000 miles on the clock, the seller wants $39,900. While it’s not likely that number will be even close to realized, good luck convincing them of that.

Yet occasionally a nice one pops up in a no reserve auction format to give us plebeians a chance to own a legend. So here we go, with this ’99. It’s the same Estoril/Estoril combination as above, which is fairly desirable – one of just 313 imported in this pallet. Condition looks very good and there are some high quality modifications, but is there a catch?

CLICK FOR DETAILS: 1999 BMW M Coupe on eBay

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Evergreen Forest III: 1998 BMW M Roadster

So, you have to drop $40,000 for a unique M Roadster? Hardly. If you’re willing to forgo the additional grunt of the S54, S52-powered Roadsters are still very affordable. And, they can be plenty unique in their own right. Take today’s ’98 for example. Evergreen is probably a bit polarizing in tone, but it’s also quite distinctive. The total pool of Evergreen examples represents only 2% of overall production of M Roadsters, though. Out of the 10,501 produced, 201 were shipped in the bright green shade – and out of those, 176 were equipped with the equally distinctive two-tone Nappa leather interior color matched to the outside. I’ve looked at a few of these examples previously:

Evergreen Forest, Part II: 1998 BMW M Roadster

So you get an unusual color, a more unusual interior, and still quite a potent convertible in the early M Roadster. What is the price delta, though?

CLICK FOR DETAILS: 1998 BMW M Roadster on eBay

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Feature Listing: 1995 BMW M3 Dinan S3-spec

It’s interesting to consider how enthusiasts today view the E36 M3. Generally speaking, you’re either a completely devoted fan who insists that the E36 is not only the best M3, but perhaps the best BMW ever made. Why stop there? Why not go straight for best car in the history of the world, ever? On the other side of the coin, detractors love to point out that the second M3 was softened up for the U.S. market, that it wasn’t as potent, as pure, as Motorsporty as the original curb-hopping, box-flared legend.

Arguably, they’re both right. It’s certainly true that BMW made the decision to tone down the M3 for North American consumption. That was a really good thing for two reasons: one, that we got it at all, and two, that it remained affordable. Consider, for a moment, that the E30 M3 had grown quite expensive to sport all of that motorsport heritage. By 1991, the base price of the M3 was $35,900. Of course, it was competing against even more expensive cars like the Porsche 944S2, which was a further $10,000 more dear. While we can talk about driving spirit all day long, if we look at the fact sheets what you got was a bit soggy in comparison to today’s cars. Inflation corrected, the M3 would be around $62,000 – pretty much spot on the entry price for today’s M3. The new car has more than double the horsepower of the original and enough tech to launch all of the Apollo program missions.

So what was really exciting when the new M3 was launched in late 1994 was that price point; $36,000. That was some $14,000 less expensive than the European model, and yet performance was within a few clicks thanks to a revised version of the 325i M50 engine. In fact, many – including notoriously BMW-savvy Car and Driver – suggested that the U.S. spec M3 was a better choice than the more exotic Euro model for our roads.

Today, the E36 M3 remains for many the smart choice within the lineup. Long overlooked as the obvious choice, prices have remained low relative to its predecessor and even its replacement. Modern comparisons often skip the E36 entirely. But that doesn’t mean you can’t get exotic performance and looks from the middle child:

CLICK FOR DETAILS: 1995 BMW M3 on eBay

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Outrageous E21: 1979 BMW 320i Dinan 4.6

Edit 12/9/2017: With new photos, a new description and apparently a few things fixed, the current owner of this ‘346i’ that we looked almost exactly one year ago has it back up for sale in a reserve auction format. Last time it didn’t meet reserve at only $10,000. Will it clear the reserve this time around?

The E21. By far, it is the 3-series we feature least frequently (barring new models). In U.S. trim, it is also by far the least sporting 3-series. But don’t throw the baby BMW out with the bath water, because it’s still a classic BMW, it looks nice and it’s quite affordable relative to some other hyperbolic models.

For one, I really like the E21. I’ve even enjoyed driving a few. Of course, never once did I think when driving one “You know what this needs? A M60 V8.” And certainly, even in the very unlikely scenario that idea sprang into my head, there’s no way I would have said “Right, now, off to Dinan to bump it out to 4.6 liters!”

But, if nothing else, this Golf Yellow example of an extreme E21 dispels the myth that they’re all underpowered?

CLICK FOR DETAILS: 1979 BMW 320i Dinan 4.6 on eBay

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Tuner Tuesday: 1998 BMW M Roadster Dinan S3

Edit 11/3/2017 – I looked at this Dinan modified M Roadster last August, but there was little information and it hung around for quite a while at $25,000. It has now moved on to a new seller who has taken some more photos and raised the price $4,000. After last month claiming it was an ISR3, the seller has confirmed what our comment from Eric indicated – it’s “just” a S3 Roadster. It has about 1,000 more miles since last year but still looks relatively reasonably priced if you like the color combination and gutsy Dinan modifications – Ed

The other day I was talking with my friend about Turner Motorsports. I first met Will Turner when he was a BMWCCA instructor, just trying to establish his business of selling parts on the side. He and his compatriots all sported E30 M3s; this was, after all, the days before the launch of the U.S. E36 M3. Turner managed to parlay early success in a local modification scene outside of Boston into a countrywide business, and after some time in the club race scene he moved into the major leagues. Success against better funded teams was sometimes difficult, but today Turner is still alive and very much kicking, having become one of the two defacto factory-backed teams running the M6 GT3. To get to that point of factory involvement is an arduous journey to say the least, and few who start out make it.

One other who did was Steve Dinan, who took a niche tuning business from the 1980s into a factory option today. You can walk down to your dealer and order up a fully backed, Dinan modified car. That took a tremendous amount of work and is a testament to the quality of the products on offer from Dinan. They truly take the well-engineered BMWs to the next level, but modifying them to do so can be quite pricey. Take today’s M Roadster, for example. While it wasn’t exactly a cheap car to begin with, with entry level prices in 1998 starting around $42,000. This M Roadster, though, went on to get a further $36,000 in modifications from Dinan:

CLICK FOR DETAILS: 1998 BMW M Roadster Dinan S3 on eBay

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Tuner Tuesday Double Take: 2002 and 2003 BMW M5 Dinan S2s

There are a few select automotive tuners who can take an impressive package and refine it into an even better entity. That group includes legends such as AMG, Alpina and Ruf – all of which are staples of this segment.

Yet they are far from alone. Given the task of improving on what is generally considered to be one of the greatest sedans ever made is no small feat, but if there was one group up to it, it was Steve Dinan’s eponymous company in California.

While just about anyone can take a turbocharged engine and crank up the boost, slap a few stickers on it and call it done, the E39 M5 didn’t come with forced induction. On top of that, it was a motor which wasn’t exactly underdeveloped before it went into production. Nor were the brakes, suspension, or any other aspect of the third gen M5. But Dinan thought they could improve upon them, and with a tremendous amount of work, did.

Dinan went to town on the S62 from start to end. Out came the factory air boxes, air meters and velocity stacks, replaced by Dinan units of larger diameter and better flow qualities, along with larger throttle bodies bored out by the company. This necessitated reprogramming of the computer controls for the engine to match the new flow characteristics. To help the exhaust side of the motor, unique tubular headers were fit to a free-flowing, lightweight exhaust system. While this sounds a bit like old-school engineering, it was successful; the result was an additional 76 horsepower and 51 lb.ft of torque – basically, this was like adding a 1980 Rabbit’s worth of power to an already powerful car.

Dinan coupled the engine mods with a shorter final drive and higher rev-limiter to reach fantastic speeds. The S2 was capable of 0-60 runs around 4 seconds flat and, in unrestricted mode, geared out around 190 mph in 6th. These are still very impressive numbers today, some fifteen years after its introduction! Of course, special forged wheels from the company were added along with their signature suspension. The price was steep, at $36,000 in modifications alone – a further 50% premium on your premium sedan.

Today, you can pick up one of these super-saloons for less than what the price of the modifications cost originally making them one heck of a performance bargain, and I have two to consider for today’s Tuner Tuesday:

CLICK FOR DETAILS: 2002 BMW M5 Dinan S2 on eBay

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