The E30 M3 is one of those cars that has recently made the jump to collector status, and basic running/drive examples in good shape trade in the $30k range. While you might not really want an example that has been sitting in a garage and covered in dust, you are gonna think twice about this one once you see the asking price. Find this 1990 BMW E30 M3 offered for $12,000 or-best-offer in SF Bay Area, CA via craigslist.
This is the kind of “barn find” that you actually want to see, it might be covered in a coat of dust but the seller says it runs/drives great and it hasn’t been rotting behind a shed and isn’t covered in guano. It might need some reconditioning, but it probably needs a good bath, fluid change, some electric/mechanical sorting and you’ve got yourself high teens, low twenties worth of M3.
The S14 is a cool engine, it isn’t as powerfull as later M3 engines, but you can expect its 2.3 liter dual-over-head-cam S14
inline-4 (essentially an S38 inline-6 with 2 cylinders lopped off) to puts out 192 horsepower in catalyst equipped US spec.
See another low buck E30 M3? email@example.com