In 1987, BMW wowed the U.S. market with the introduction of the S38-powered M6. In the shadowline of that model, though, was another special E24 – the L6. Essentially, the L6 was a standard 635CSi with a very special all-leather interior. Produced in small numbers for only the 1987 model year, they proved to be a bit of a headache for BMW. Like the all-leather dash M6s, the leather upper cover had a tendency to deform and BMW had to replace quite a few under warranty. The L6 also had leather-wrapped center console, the rear air conditioned storage compartment like we saw in the M6, and even a leather headliner. The L6 generally matched European models referred to as “Highline” packages.
When the revised ’88 E24 launched, the L6 was officially dropped as a model. However, you could still opt to get all of the L6 bits installed in your 635CSi, and that’s what we have here:
If you aren’t in the know, this weekend was pretty special for BMW folks in Asheville, North Carolina – the site of ‘The Vintage’. My Instagram and Facebook feeds were flooded with images of all the best of Bavaria heading towards the quaint western North Carolina city. It got me thinking – what was the best way to make a splash at such an event?
Of course, showing up in a fresh Euro 1983 635CSi surely would do it, and it’d be the perfect car for the roughly 14 hour drive for me to get there, too. When I wrote that 635 up, the competition that I suggested should be considered wasn’t the U.S. spec 635, though, it was the M6. The big ‘bahn stormer had the chops to overcome the weight of the large 2-door Coupe with the 256 horsepower S38 under the hood. It also has enough luxury to make the half-day drive feel like a blink of an eye.
Some considered the Euro car to be a bit on the pricey side. But when I came across this equally restored U.S. spec M6, it was a good thing I was sitting down. Suggestion: move the coffee away from your electronic device!
Neither the E24 M6 nor the E28 M5 need an introduction on these pages. Legendary even when new, they both captured the imagination of generations of German car enthusiasts and established the benchmarks for sedan and GT performance in period. Both went through a relatively long downturn in value, as well. And today, as each has moved firmly into classic status and the market ///Madness continues, each has increased in value considerably over where they stood a few years ago.
But with so many shared components, which is the one to get? While a lot of that boils down to personal preference, more so than ever it’s also dependent on your budget. We’ve seen asking prices for nice examples of each chassis hovering between $50,000 and $80,000 depending on mileage and condition, and with a hot market there’s no letup of good ones to choose from.
But what I have today is not the best examples of each. Both are higher mileage and neither is pristine. However, the real draw here in both cases is a no reserve auction format, giving us the opportunity to really see what’s what in the M market today.
While it’s easy to be a ‘Monday Morning Quarterback’ and scoff at the prices for lightly used cars from the recent past, true time capsules like the Porsche Rob just wrote up are generally the domain of pure wonderment. How have owners been able to restrain themselves for decades without driving a car? This afternoon’s M6 is in a similar vein to the lineup we’ve been looking at; pristine, original condition, and low mileage. While the 36,800 accrued far outstrip those of the RS6, M3 and especially the 911 RSR, finding an all original M6 with below 40,000 miles in near perfect shape is certainly worth a look:
The BMW M6 is quickly becoming the M bargain of the 1980s, replacing the M5 as the go-to Motorsports product from the company. There’s some irony in that, considering that in the period it was the premier product from Munich and until quite recently was considered the most valuable. However, as the M3 prices have soared and recognition that finding a clean E28 M5 is becoming quite difficult, the slightly more plentiful M6 is suddenly a more reasonable proposition. That said, prices on M6s are all over the map – from the low teens to well over the $30,000 mark. Today I have two similar looking 1987 models to look at; I usually focus on the updated and better looking (in my opinion) ’88s, so this is a slight departure for me. Besides the shining exteriors, where does the difference in these two models lie and are the asking prices in line?
Want a classic 1980s BMW, a race-bred motor, and a car nearly guaranteed to appreciate over the coming years? The S38 powered M5 and M6 are the place to look right now, since the only other two options – the M1 and M3 – aren’t the best options right now. Traditionally, the M6 held higher values than the long-unappreciated M5; a great looking grand tourer, the M6 is certainly capable of keeping up with sports cars in a straight line and around curves. The other nice thing about the M6 was that unlike the E28 M5, it was available in many shades. Today’s example shows that off nicely in Cinnabar Red with Lotus White Nappa leather: