Cheap Speed: 1998 BMW M3

The E36 generation BMW M3 was released in 1995 with a detuned US spec engine (remember when the Europeans got the good stuff..?) and a fabulously nimble chassis.  Magazine pundits and BMW fanboys alike raved about the steering feel and I can’t imagine the prices on these things can continue to be as low as they are.  Find this 1998 BMW M3 offered for $7,300 in South Los Angeles, CA.

I really don’t want to see a mad escalation of E36 M3 prices because there is NO reason that the world needs people to pay the same prices that people are paying for E30 M3s or E34 M5s…but the E36 M3 is a better car than those previously mentioned cars if performance or reliability is at all part of the comparison.

The car might have 152k miles on the clock and a salvage title, but it has the rare/desired manuel transmission and the later 3.2 liter OBD2 inline-6.

See another way to drive a fast German sedan?