Update 1/17/19: The E30 sold for $4,200.
Continuing on the custom theme, today’s post comes thanks to some unusual chassis combinations. Of course, BMWs – and particularly the 3-series – are no stranger to swapped motors. I’ve covered just about everything, from a M62’d E30 to the outrageous S85-powered Hartge H50 and, of course, the ubiquitous S50/2 swaps in E30s or E36s.
But today’s power overhauls come in the form of American V8s stuffed into the noses of Munich’s finest small sports sedans. While their personalities are quite different, both manage to pull off the swaps as relative sleepers despite the crazy changes underneath. So which is the winner?
Let’s say you want to start a car collection, and for ease of argument’s sake, let’s say you’re really into BMWs. Which is the model you want? You could be a 507 enthusiast, love the classic 3.0 CSL or 2002, envy every E30 or lust over the modern muscle the company produces. But odds are if you’re reading these pages you, like me, gravitate towards BMW’s Motorsport models.
Within the Pantheon of classic models, there then comes the difficult decisions. How do you choose between the E30 M3 and the 1M, for example? Well, Enthusiast Auto Group has a suggestion. Why not have them both? Or, even better, why not assemble all of the greatest hits from BMW’s M division over the past 40 years and put them together into one curated, turn-key package?
Although my recent experience with a BMW wagon wasn’t the most endearing of my automotive life, I have to admit I still keep an ear to the street every time an interesting one comes up. If nothing else, the promise of what BMW offered in their wagons was compelling – at least, until very recently. That’s because in addition to the 5-doors from the 3- and 5-series appearing on these shores in the E34, E39 and E46 generation, so too came all-wheel drive. “BUT, AUDI!” the internet insists. And right they’d be. Except that as the 2000s drew to a close, so too did the performance versions of Audi’s Avants – and with it went the manual option. So if you wanted to row-your-own, you had to turn to BMW to get what we see here – an all-weather faithful 5-door companion. While the “M” versions of the wagons didn’t come this way, what we did get was what you see here – the option to have the classic inline-6 mated to a manual transmission with near perfect weight distribution. Equip the package with the Sport option, and you got some nice alloy wheels and fantastic seats too. Even 17 years later and with a not insignificant amount of miles accrued, this is a package which stirs the soul:
I mentioned yesterday I’d look at a M3, and here it is. There were some 26,202 E46 M3 Coupes to choose from when considering the model. So, often sellers and buyers are looking for something special to help differentiate their M3. Usually that manifests itself in color, miles or mods, but today’s example is quite unusual. Official production started rolling in early in 2001, but today’s M3 is claimed produced in June of 2000, making it a pre-production example of the legendary coupe. There seems to be good documentation to back up the claims that are made, along with a very unusual-to-see set of options. So is this the one to get?
The prospect sounded promising, but I was left feeling lackluster at best about the 750 mile 2001 BMW 330Ci I wrote up a few weeks ago. Sure, it was nice and that interior certainly was to die for; so, too, was the basically as-new condition. But the 5-speed automatic transmission, coupled with the outrageous $32,000 asking price, had me thinking there were better options out there. So if I was in the $30K range for an E46, what are my options?
Well, obviously there are plenty of M3s to check out any day of the week, and I’ll be looking at one soon enough. But when our reader John sent through this seriously impressive Alpina, I couldn’t help but take a look. The B3 isn’t a model we often look at; in fact, I’ve only reviewed on prior, and it was a E36 chassis. The E46 took an unusual route for Alpinas; rather than a blank-slate motor, the Buchloe company selected the S52B32 from the U.S. spec E36 M3 for their basis. It was bored and stroked to 3.3 liters, netting 280 horsepower. In 2002, the “S” version of the B3 was released, with a bit more bore and a revised engine management and exhaust system. This brought the power to 305, 0-60 plummeted to 5 seconds and with a 6-speed manual you could come close to hanging with the M3. Why buy one, then? Well, the looks were a bit more discrete overall, and you could buy not only a sedan and Touring version, but an all-wheel drive one as well. Today, though, we have a lovely Cabrio with the 6-speed manual to check out:
I haven’t spent much time telling you about my recent BMW adventures, but they’ve been split between my 2003 M3 and my wife’s new-to-us 2009 135i Sport. There’s something pretty darn compelling about the small BMW coupes. They look great, they’re deceptively big inside, they’ve got plenty of trunk space for a long haul. Both get almost 30 mpg on the highway – the 135i is a bit better, actually. Poke them, and both are capable of ripping your face off. And to drive? They’re simply sublime. I’ve driven a lot of cars over the years, but few match the natural composure and connection to driving that both the E46 and its near twin E82 do. They’re just impressive cars that you can drive every day with a family aboard, have fun and feel pretty special without spending a million dollars.
All this sounds pretty irresistible, and that’s one of the reasons that BMW sold about 4 trillion 3-series coupes over the past 40 years. While I know their proliferation isn’t uniform across the country, near me you can’t drive much more than a minute without seeing one or many. And if you pop onto eBay or your local Craigslist, at least on the coasts, you’re likely to be overrun with examples. But if buying “the best one” is your goal, this particular 330ci might just be the one you’re searching for. That’s because if you ever hoped you could find an as-new ’01 330Ci, we have:
If you haven’t been following the E46 market, it’s increasingly becoming more expensive to get into a clean M3. As the M3 has crept up, so too has the “ZHP tax” set in on the sporty brother of the M3. So are there still bargains to be had in the E46 world? Yes, there sure are.
It’s possible to find well-cared for cars that seem to shrug off their mileage much better than their predecessors, and today’s 2004 330xi is a great example of that. Although it’s got the best part of 200,000 miles on the odometer, you wouldn’t know it looking at it from any angle. And the seller has gone through some extensive maintenance to make sure you don’t have to. What you’re left with is a great looking, well-equipped all-wheel drive sedan for a budget price:
So guess what caught my eye here? No surprise, if it’s a yellow M3, I’ll bite. This one grabbed my attention first because of the hue, then the price – just under $14,000 on a no reserve auction? Well, it must have a million miles rig….nope, not here. So it MUST be an SMG then, right? NO ONE wants a SMG because the moment you buy one they will murder you in your sleep and kick your dog and shut down the government (*according to actual internet comments I’ve seen). But nope, it’s a 6-speed manual.
But the more I looked at it, the more questions were raised. Why was no one bidding on this slick E46?
Edit 10/01/2017: After fixing a few more things and covering about 10,000 more miles, the buyer of this unique 325iT has it back on the block again in a no reserve auction. – Ed
The E46 wagon has emerged as perhaps the last bastion of good, clean, simple German longroofing. Modern wagons are bulbous, overstuffed with features, and crazy expensive. The biggest options on today’s 325i Touring are color choices, while the mechanicals and general usability remain refreshingly simple: no sunroof, inline-6, 5-speed manual, manual seats. Manual, but in Tanin red leather, just the kind of curveball reader/seller Rob clearly likes. A nice, plain white exterior? Why not add discreet M-pinstriping and anything-but-discreet Creamsicle Orange lower valences? The 7-spoke Style 4s are nice but plain – leave them for the all-season tires and you get summer-rubber on blackened Style 68s! The colors may jump all over the place, but if anything they draw attention to a sweet car that represents a simplicity we have all but lost.
EDIT 8/10/2017 – IT’S BACK! Now with a $58,900 asking price, according to Hunting Ridge Motor’s site. With prices on the rise when the right combinations appear on these E46s, it will be interesting to see when and what amount it finally sells for.
EDIT 7/25/2014: with a few well placed seeds and some research, it appears that this car is the same one as the 10,000 mile M3 I wrote up in May here. That makes the asking price and modifications all the more puzzling. Thanks for the interest and sorry that I didn’t catch it the first time around!
What is the price for perfection? What would you be willing to pay for a brand new example of the car you love? There are certainly a lot of people who love the E46 M3 including me. I really think it was a high point of design for BMW; those sweeping arches, the delicate lines in the hood, the hunched, angry stance – it’s perfect, and best of all, it’s relatively affordable still. But many have already begun to fall into disrepair, and of course when you’re buying an older car you’re subject to what comes to market and managing repairs, restoration and asking price. But what if the car was effectively brand new? Chances are everyone would say “Sign me up!”, especially if that car was in one of the most sought after color combinations. They would, that is, until they saw the price tag: