This low mileage BMW E30 M3 is a $100k stunner
Since when are family cars worth more than my house?
The BMW E30 M3 is one of the few cars that truly brings the car community together. Classic car collectors love it for its timeless design, motorsport nuts admire its rich history in Group A and those that attend car meets in their diesel 3-Series covered in M badges like that it made their cars cooler than they are.
For that reason, whenever one finds its way onto the market, it is pretty much always snapped up within an instant for quite the hefty sum. A rapid sweep through AutoTrader on a calm Tuesday evening reveals a standard 3-Series convertible from the era fetching a mind-blowing £60k and an extremely rare Sport Evolution E30 M3 going for just shy of £130k.
A few weeks ago, an example of the perfect E30 M3 came up for sale on Bring a Trailer, a well-known American car sales website. The headline of the sales ad for the car was its unbelievably low mileage of just 18k miles, less than most modern supercars.
In short, the car might as well just have rolled off the production line. The beautiful tan leather seats have seemingly never been sat in, the dashboard and steering wheel are in perfect condition and the brillantrot – or red – paint work is immaculate. Even after delving a little further by looking at photos of the engine bay and underneath the car, it’s as if this car has been transported from 1991 to today in the blink of an eye.
Not only is the car in perfect condition, but its original owner must also have had excellent taste as it has one of the best spec sheets I have ever seen for an E30. The red paint and tan interior go perfectly with the 15” basketweave wheels iconic to the model. It was well and truly bought with the German autobahns in mind with heated sport seats, an electric sunroof, air conditioning and an impressive for its age onboard computer.
Just like all E30 M3s, this car has a modest 2.3 litre inline-four engine capable of producing a more satisfying 192 hp and 170 lb-ft of torque. Couple that power plant and a fairly lightweight design to a five-speed manual transmission, throw in a limited-slip differential and you have yourself a playful little family car.
It’s fair to say the previous owner of the car was a massive fan of the E30 and treasured it. From the almost psychotic service history to awards for concours competitions, there’s no chance of this being a dodgy deal.
Unfortunately to the millionaire reading this, it wasn’t a dodgy deal as the car has now been sold and has found a new home with an extremely lucky new owner. On the 27 October, this particular 1991 BMW M3 sold for a whopping $104,000. I don’t care who you are, that is a lot of money for a saloon from the early 1990’s.