Having not really checked in on E30 M3 pricing lately, I decided to take a gander this week. The situation has not improved. Pristine examples are still asking north of $80,000. If you want one on a budget that’s no reserve, there’s a rusty example with little documentation and 200,000 miles with a wrecked interior for…$20,000 so far. That’s pretty insane for a car that needs a full mechanical and cosmetic restoration, because that money gets you into a pristine E36 or E46 and you’re knocking on the door of the E92s, too.
So I’m taking a different path today. Let’s say you want a collector-grade car but don’t want something old. Well, as I’ve mentioned previously there are a lot of special edition M3s out there. One that quietly slipped through in 2017 was the 30 Jahre Edition of the M3 Sedan. Built on a Competition Package base, the 30 Jahre added Macao Blue Metallic over full Merino leather in Black/Fjord Blue from BMW Individual. The exterior trim was treated to BMW’s high gloss Shadowline treatment and there were plenty of special badges to go around both inside and out. For the 150 out of 500 produced sent to the U.S. market, these cars came equipped with the Driver Assistance Plus Package and LED lights. With the boost turned up on the S55 and hooked to the dual clutch, the 444 horsepower was good for 3.8 second sprints to 60. Check that box for the DCT, and you were $86,150 lighter in the wallet – about the same ask as that E30 I posted earlier. So what does one of these limited models set you back today?
Recently I’ve written up a string of BMW 135is. A great car and likely future collector, the turbocharged E8x packs a mean punch and stands apart from the crowd, yet is just luxurious enough to make you feel quite special even when the throttle isn’t on the floor. But the BMW wasn’t without competition in the marketplace back in 2009. That competition emerged in the form of the new TTS package. Now, while Audi had made some pretty quick TTs up to that point, none had ever really been considered on par as a driver’s car with what typically emerged from Munich. But the new TTS shifted the balance of performance towards Ingolstadt:
We’re pretty used to the formula here: take a limited edition or special production 911, slap a neat color on it, and watch the price rise. Even brand new cars – ones that you can roll down to the dealership and order up yourself – are demanding a strong premium in the used marketplace. Insanity? A ‘bubble’? Bad economics? It doesn’t matter what the cause is, it’s the way life is for the foreseeable future.
But it’s not a trend which follows across the board. Take today’s twin Audi R8 V10 Pluses. The ‘Plus’ adds a serious amount of sport to the standard V10 R8, itself no slouch. Kicked up 70 horsepower to 610 and driven through a 7-speed S-Tronic it’s capable of sub-3 second sprints to 60, can obliterate a standing quarter mile in less than 11 seconds from a 5.2 liter normally aspirated V10 capable of spinning north of 8,500 RPMs. Both can hit 205 mph flat out. Both are presented in the searing shade of Vegas Yellow that will generate enough stares to make a GT3 jealous no matter how red its wheels are. . Both feature the upgraded 20″ wheel option and a host of other special carbon fiber touches that come along with the ‘Plus’ package. Despite being able to rip your face off and producing supercar performance from just a few years ago, both are also able to be used in a daily commute – even in winter. They’ll even return above 20 mpg on the highway. They’re astonishing automobiles.
And yet, both are ‘affordable’.
Look, they’re not really cheap. In fact, they’re massively expensive for any car, but many would argue especially so for an Audi. The sticker price on the V10 Plus is $192,000 before options, taxes and destination, after all. Yet with less than 3,000 miles on each of their odometers, this duo hasn’t appreciated like the 911 market – it’s fallen quite substantially. And don’t think I took the cut-rate approach here; I selected the two most expensive used R8s I could find from two of the most expensive dealers on eBay. And yet, combined their asking price is still $80,000 less than the 911 Turbo S Rob looked at over the weekend.