1999 BMW M3 Convertible with 3,800 Miles

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 all E36s are affordable:

CLICK FOR DETAILS: 1999 BMW M3 Convertible on eBay

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Motorsports Monday: BMW Legends Collection

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?

CLICK FOR DETAILS: The Collection of BMW Legends at Enthusiast Auto Group

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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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2003 BMW M3 Individual

In my search for an E46 M3, one thing became quite clear – finding uncommon colors in good shape was very difficult. When you start to look at the color breakdown of the 2001-2006 M3s imported, it soon becomes clear why. According to the M3 Portal, some 5,853 coupes were ordered in Titan Silver Metallic – basically, one out of every 5 coupes in the U.S. is this color. A further 4,700 are Carbon Black, about 3,400 are Black and and nearly 3,000 are Silver Gray. See where we’re going? A full 60% of E46s were either silver-gray or black, and a further 10% were eaten up by Alpine White or Steel Gray. So only 30% – about 7,500 in total, broken up between the eight stock colors, with a minority – only 321, or just over 1% – being special ordered through BMW Individual. Some of the Individual colors are just about that, with about 30 different shades being selected. For example, there is one Malachite Green Metallic E46 M3 kicking around the U.S. somewhere. But today’s color was a much more popular selection, though it bookends E46 production. Available on the E36 and back by popular demand on the new 3-series, Estoril Blue Metallic certainly looks great on the lines of the E46, and this is one of a reported 58 imported in this color:

CLICK FOR DETAILS: 2003 BMW M3 Individual on eBay

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