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Tag: DTM

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Going up? Double Take: 1990 and 1988 BMW M3s

That the E30 M3 has been on a stratospheric price rise is old news. So are the stories of “I could have bought one for $400 20 years ago”. You know what? I could have bought a really nice piece of land near the coast in Rhode Island for 10% its current value 30 years ago, but I didn’t. Old, too, are the stories of what floor some ex-M3 owners got off at; for unlucky examples, it was $10,000 a decade ago, but smarter sellers have cashed in on E30 mania in the past year. Thanks to some big number sales late in 2015, the E30 M3 market is stronger than ever which raises the question of how high it will go. At what point will people say “You know what? This is a 4-cylinder near-luxury economy car that I’m paying $100,000 plus for”? It would seem that every time someone raises the flag of THE END IS NEAR another shockingly priced example clears what appeared previously to be an insurmountable hurdle and Mr. Toad’s wild ride continues. While there’s been a slight cooling in the acceleration curve, it’s still pointed directly towards the Moon today. Hagerty’s Condition 1 price valuation for a 1990 M3 is now $115,000, and the average value of those insured is $55,800. But the market has realized that many of the examples coming to market weren’t condition 1, or frankly even condition 2. Lesser than top-tier example’s value has gone almost completely flat, and now it’s the really exceptional models that are rising to the top rather than the entire crop. So let’s take a look at two of the best out there today and muse over whether this trend will continue to new heights:

CLICK FOR DETAILS: 1990 BMW M3 on eBay

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1991 Audi V8 quattro 5-speed

I’ve had the good fortune to own some pretty interesting cars in my lifetime, but one of the most complex automotive relationships I had was with my late 1993 V8 quattro. It was a car that I had lusted after since they were effectively new. There was just something about the shape, the way it sat and the mystique. Coming from a 4000 quattro, in many ways the step up to a V8 was the ultimate out of the box Audi in the early 1990s. It drove like the 4000 in the tight bits, but was so much better on the highway. Plus, it had what the 4000 lacked – power, thanks to the 4 cam all-aluminum V8. Even the automatic didn’t bother me all that much overall. But, at the same time as I enjoyed automotive bliss in the theoretical ownership of this V8 quattro, the reality of day-to-day ownership was quite different. If Alfa Romeo built a German car, it would be the V8 quattro. First, it was hugely complicated. There were computers controlling everything, and in the great manner in which Audi and Volkswagen developed their late 1980s computer technology, it worked great until it didn’t, at which point the car would be thoroughly incapacitated. One day, during a rain storm, the “convenience controller” failed, opening all of the windows AND the sunroof and not allowing me to close them. Needless to say, it was less than convenient. Second, it hemorrhaged fluids. We’re not talking a little bit, either – full on “Oh, I’m sorry, did you want me to keep that $20 a liter worth of hydraulic fluid IN me?” hemorrhaging. Oil, coolant, transmission fluid…you name it, if you could put it in, it would instantly come out. It tried to kill me, too. Not just once, either. See, that fluid loss resulted in a buildup of oil gunk. Where does the oil gunk build up, you ask? On the throttle. This normally isn’t a problem, unless once in a while you opened the throttle. Then, it became a problem, as the throttle wouldn’t close. Again, not a problem so much on a 4000 quattro with all 115 stampeding horses, but in the ’93 V8 quattro, there were 2.5 times that amount – 276 horsepower with even more torque launching my 3,900 pound missile down route 195. Leaks presented themselves in other odd ways, too – like, for example, when I got a self-imposed flat tire at a winter driving school. Out came the tools to jack the car up, no problem. However, when I went to retrieve the spare, a sad sight awaited me – the trunk had leaked into the spare tire well apparently, resulting in the space saver spare being thoroughly embedded in 10 inches of tire well shaped ice cube. In story generation alone, the V8 quattro was by far the Professor Emeritus of my car history. Thirdly, no one knew what it was when you went to get a part. Allow me to present a theoretical trip to the parts counter – even at an Audi dealer…

Parts Guy: Hi, what kind of car?
Me: Audi
PG: What model?
Me: V8
PG: No, not what engine, what model.
Me: V8
PG: They made a model named V8?
Me: Yes
PG: (turns to other Parts Guy) You ever hear of an Audi V8?
OPG: He probably means A8.
Me: No, the A8 is the model that replaced the V8.
(both look confused)
PG: Okay, what year?
Me: 1993
PG: Audi made cars in 1993?
Me: Yes. Not many.
PG: Okay, the computer tells me that your car doesn’t exist.
Me: It’s outside. Would you like to see it?
PG: No, maybe I can cross reference the part. What do you need?
Me: The transmission control unit.
PG: ………………
PG: ……….. (turns to other PG and looks confused)
Other PG: Ah, you should probably just go to the dealer.

Fourth, when eventually you convinced someone who supplied parts for your non-existent car that it really was real, inevitably the part would be expensive. Really, really expensive. And, on backorder, or no longer available. It made repairs length and always have at least one comma in the price estimate. That estimate was almost always below what it actually cost to get it running again, and when it did run again, inevitably there would be something still wrong that would need to be fixed on the next trip to the mechanic.

Yet, more than any car I’ve previously owned, it’s the one I’d want back.

It was that good. So when one of the 72 5-speed cars pops up for sale, it’s always time to take notice. The officially imported 5-speed cars were all 3.6 PT engine cars, meaning a bit less motivation than the later 4.2 motor. However, they’re lighter and they’re the only Torsen center/Torsen rear differential car Audi brought to the U.S.. This is a rare opportunity to own one of the few remaining:

CLICK FOR DETAILS: 1991 Audi V8 quattro 5-speed on Burlington Craigslist

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1988 BMW M3 Europameister with 28,000 Miles

Seller boisterousness and bravado is always a thing which interests me, and its something which comes out in droves when we’re talking about rare cars. In the U.S. market, many people consider the M3 to be rare, though it’s very far from being the most rare M product from the 1980s and it’s not hard to find multiple good examples for sale any day of the week. But rare does describe the limited edition models of the E30 M3. In total, 7 different limited edition models were produced. The best known are the Evolution series, but there were others that did not get the performance boost of the Evo models. One such example was the Europameister model shown here. They were built to celebrate Roberto Ravaglia’s successful seasons in both the European Touring Car Championship. Painted only Macao Blue Metallic with Silver Nappa leather, they were effectively loaded luxury versions of the normal M3. With only 148 produced, they’re indeed quite rare to see – especially stateside:

CLICK FOR DETAILS: 1988 BMW M3 Europameister on Classic Driver

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Motorsports Monday: Reliving the Glory Days – A4 STW v. 320i Supertouring

While Touring Car fans are widespread (after all, we can interpret NASCAR as a form of Touring Cars, right? crickets chirp in the distance), it seems that every fan has their favorite era. For some, it’s the wild wings and gold BBS wheels from the 1970s that defined production-based racers. For others, the winged warriors from the 1980s and early 1990s are the best era; after all, we get the M3 and 190E 2.5-16 Evolution from those generations. I have to admit that my personal favorite touring car has to be the V8 quattro that was won the Deutsche Tourenwagen Meisterschaft in 1990 and 1991 is my favorite because Audi just did things differently. They took their largest car, kept some luxury details like the wood trim, and stomped on both BMW and Mercedes-Benz with their lightened luxury liner. But although there was some stellar racing from some superstars of the 1980s in the DTM around then, it’s not personally my favorite period. For that, I’d have to move up towards the mid-1990s, when even more companies like Nissan, Opel and Renault joined Audi and BMW at the front of race series like the British Touring Car Championship. I watched in awe as pilots like championship-winning Frank Biela rubbed doorhandles with the Alain Menu, Matt Neil and John Cleland. And who could forget Rickard Rydell, the Super Swede piloting the 850 wagon replete with inflatable dog in the back? It gave the series more character; you genuinely weren’t sure who would win any day the flag fell, and that made for some great watching. Today, two stars from that period are for sale and allow us the rare opportunity to get into a touring car – if you have the means:

CLICK FOR DETAILS: 1995 Audi A4 Super Touring on Racecarsdirect

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1990 Mercedes-Benz 190E 2.5-16 Evolution II

Let’s get the elephant in the room out of the way: this 1990 Mercedes-Benz 190E’s asking price is $700,000. No, I’m not joking. For that amount, you could purchase many things; planes, sailboats, vacation homes – all on top of your normal home. You could send many disadvantaged youth through secondary education, or you could feed most of Darfur through the rest of the year. But you’re not into those things, you’re into cars – so what makes this Batmobile-inspired W201 so special? Like the M3 and V8 quattro, it was a DTM star, and like all of the Evolution models they were not imported to the United States. That makes them covetous for marque fans, cars that adorned true racing fan’s walls and imaginations in the late 80s and early 90s, and gives you instant credibility at any European event you turn up to. Well before “Evo” became synonymous with Mitsubishi’s physics-defying Lancer, Evo meant that BMW, Audi or Mercedes-Benz were attempting to homologate some aero tweaks and a hotter motor to win in the DTM race series. Along with the M3 and Quattro, these were the cars that spawned an entire generation of go-faster flares, vents and wings that can still be seen evolving on the WRX and, aptly named, Lancer Evolution. But while the M3 is a known quantity and the market star of the three big DTM cars from the early 1990s, to me the Mercedes-Benz was the one that really nailed the look with their road going version. The Evolution II looked the business; more aero and extreme than the M3, more special looking than the V8 quattro’s Evo kit, it stood apart from the crowd. All of them were special, but somehow the Evolution II was a bit more special:

CLICK FOR DETAILS: 1990 Mercedes-Benz 190E 2.5-16 Evolution II on eBay

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