The shark-nosed E24 looks good in just about any color, but red always seems extra appropriate. From more than a few angles the Paul Bracq design cuts some Ferrari-worthy lines, and the S38 engine helped it streak down the roads with similar power and performance to the contemporary Italian 328. Thanks to the good looks, considerable speed, and increasing coveting of early M models, we’ve seen prices for these fast and luxurious GTs start chasing the E30 M3.
This red example has just 54k miles, making it one of the nicest on the market. We should expect nothing less from Hemmings, one of the most reputable names in classic cars. It has all of the documentation from new, but isn’t quite all-original. The self-leveling rear suspension has been replaced with conventional shocks, a reasonable update for longevity and maintenance. OEM+ BBS wheels are the other update, giving a little deeper dish and allowing for more modern tire sizes while looking almost identical. The original shocks are included in the sale in case you want to go old-school, but the original wheels are not. The Lotus White interior is very nice, but not the most attractive color. Low miles and nearly perfect condition mean the seller is shooting high and looking for almost $50k.