5k: Clean ‘N’ Cheap: 1996 BMW M3 E36

You are likely sick of hearing how great of a deal the E36 M3 is, but don’t mistake it with implying the E36 M3 is a great car.  The E36 may have a fabulous chassis powered by a decent engine, but it is filled with a lackluster interior and maintenance is expensive.  Regardless, it is by and far the cheapest way to wear the coveted ///M badge. That’s gotta count for something, right?  Find this 1996 BMW M3 offered for $7,200 near Boise, ID via craigslist. Tip from Oldsmobuick

The E36 M3 market is very depressed right now, but it isn’t often that you find a clean title, sub 100k mile, 5-speed M3 coupe sold by the original owner for less than $10k.  This could be the deal of the month if it is as described by the seller — and don’t expect these prices to stay low forever, just look at what happened to the E30 M3 market in the past few years.

The S52B32 is 3.2 liter inline 6 cylinder engine that puts out 240
horsepower and 240 ft-lbs of torque.  The S52 is known for its
durability and longevity due to the relatively low specific of power
output.  The European version makes considerably more power, but the US
version should last longer…a small consolation for the US M3 owner.  Black wouldn’t be my first choice for an exterior color, but it does go nicely with the camel interior color.

Am I crazy, or does these seem like a steal? tips@dailyturismo.com