15k: 1999 BMW M3 – 41k original miles

We’ve said before that we really like BMW E36 M3s and we are going to continue preaching that line as long as they continue to be as affordable as dirt.  Typically they have 150k miles and cost $5-8k, and some have upwards of 250k miles on them – which is a good thing because it means that they last and are good to drive (same can’t be said for a 3rd Gen RX-7 for instance…).  Occasionally you will see one with low miles that commands a higher price – and this is one of them, a 1999 BMW M3 with 41k original miles and all the requirements to be a Daily Turismo – for sale in Tacoma, WA currently bidding at $15k reserve-not-met on ebay.

The E36 M3 is still a performance bargain – low mile examples of the E30 chassis go for 2X-3X the price and the E36 is superior in every measurable performance indicator (sorry E30 fanboys…it had to be said) and E46 M3s are still commanding low 20s.  This example looks to be about as clean of an E36 M3 that you can find and has 41k miles on the odometer – sold as a “one owner” car, but it looks like it’s from a semi-pro car flipper – BEWARE! Get a PPI from a reputable BMW shop before purchasing; E36s do have known weak spots that should be checked when paying top dollar.  If you are buying a salvaged title 200k mile example from some dude in Compton – don’t worry so much about it…

The E36 M3s S52B32 is an inline 6 that pumps out 240 horsepower and 236 ft-lbs of torque, enough to propel the 3200 lb M3 from 0-60 in 5.5 seconds and to a top speed of 155 mph (with 138 mph electronic limiter removed).  It is not the Euro screamer S52 that revvs to 7600 rpm, but it has plenty of grunt and will last for hundreds of thousands of miles with regular oil changes.  It is all attached to a 5 speed manual and standard limited slip differential – that’s right, no 335i style embarrassing one-wheel-peel from this German drift-machine.

We aren’t big fans of black paint – it shows dirt, gets visible swirl marks, and makes the car hot inside, but this one looks nice in the pics and the seller says the only problems are a few rock chips that have been touched up.  OEM M-contour wheels fill out the wheel wells well (say that three times fast!) and the only issue we see is low tire pressure on the passenger front tire in the first photo.  As always – lets hope the reserve is low and that the next owner actually drives this car instead of letting it rot in his garage…

See another low mile coupe for sale?  email us here:  tips@dailyturismo.com