It may not have the same appeal as its predecessor, the E30, or the newer E46 for that matter, but the E36-gen M3 remains a potent machine in Euro trim.
We’ll remind you that while in North America the E36 M3 got the anemic 240hp (243PS) 3.0-liter and later 3.2-liter with the same output but more torque, Europeans were treated to a 282hp initially, and after 1995, a 321PS (317hp) 3.2L.
This is why good preserved examples, with low mileage, sold for in excess of $15,000 over the years, and we did get to see one listed for $50,000 back in 2013.
However, the M3 pictured here comes at a more down-to-earth estimated selling price of £7,000-£8,000 ($9,120-$10,422), plus a buyer’s premium of 12 percent, which almost makes it a bargain, considering that it has an extensive history file and scored 83 points out of 135 in its current condition.
Made in 1997 and finished in Technoviolet Metallic, with a grey leather interior and 69,500 miles (111,850km) on the clock, this stick shift example is offered with a matching hardtop, tool kit, and a fresh MoT.
Responsible for finding it a new home are ClassicCarAuctions, which will have it on display at The Warwickshire Exhibition Center, near Leamington, UK, starting with June 9, one day before the auction kicks off.
PHOTO GALLERY
