10k: E36M3/4/5: 1998 BMW M3 Sedan

Imagine you had two fast inline-6 powered BMW M-cars in your garage and had to pick one of them keep and one to sell.  They are both mid two hundred horsepower, but the E36 M3 offers modern ergonomics and rack-and-pinion steering to the e28 M5’s classic reduction-box…but one has gotta go.  This is exactly the dilemma facing Drew over at Motoring Con Brio, and he just sent us a note saying that his 1998 BMW M3 sedan is offered for $10,000 in NYC, NY.

We first noticed this white beauty in the Petrolicious interview of Drew that featured his recent e28 M5 acquisition as well as his E36M3/4/5 — this is the way the kids refer to the M3, 4-door, 5-spd combination, the ultimate unicorn for the E36 loving family man.  

Under the hood is 3.2 liter S52B32US inline-6 that puts out 240 horsepower and 240 ft-lbs of torque which was way down from the 316 horsepower in the European version, but the end product is plenty fun and fairly reliable.  This example has 164k miles on the odometer, but we’ve seen ones with another 100k that are still using the original engine with no issues.  If maintenance on items like the plastic cooling systems parts (pressurized coolant expansion tank, plastic radiator end tanks), water pump, timing belt, & vanos wear parts is done in a timely manner the S52 will last forever.

Inside this E36 has a cool looking M Tech II sport steering wheel that has been recovered and is an appreciated cosmetic upgrade over the huge air bag equipped stock E36 M3 wheel.  White/dove leather is difficult to keep clean, but it should be cooler in the summer and looks good with the white paint.  

See a better car for a Stig family with a few young Stig/Stigettes in the back?  tips@dailyturismo.com