Now Is Your Chance To Buy A V8 BMW M3 Before Prices Go Insane

Illustration for article titled Now Is Your Chance To Buy A V8 BMW M3 Before Prices Go Insane
Photo: BMW

Even with the announcement of an upgraded M2 Competition Package with power coming from the M4, some of us long for a simpler time when it comes to BMW’s M cars. No turbos, high revs. Well, now is the time to get on the V8 M3 train before it goes completely off the rails.

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The E90/92/93 series M3 wasn’t immediately loved when it first came out. I’ll admit, I thought the styling was a bit off compared to the E46 M3. And cramming a V8 where an inline-six should be? Blasphemy, we screamed!

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But even the most hardcore straight-sixer folks eventually came around and while the V8 powered M3 may not look as timeless as the car that came before, it’s the last naturally aspirated M3, and that means it is destined to be a future classic.

According to Autotrader, there are currently over 500 E90/92/93 series M3s for sale, the average price being around $30,000. But narrow the parameters for cars with a manual gearbox and the inventory drops to about 100 cars. Of course, a good chunk of those will be mislabeled as manual cars so be prepared for a world of disappointment when you spot what looks like a steal only to see that metal stub sticking out of the center console. The DCT is pretty good, but you know you want three pedals.

There was a time when you could get these cars fairly cheap. Currently, ultra-low mile examples commanding almost $55,000 and specimens with over 100k miles on the clock going for under $20,000, the best balance of miles and overall condition comes in around $35,000.

Illustration for article titled Now Is Your Chance To Buy A V8 BMW M3 Before Prices Go Insane
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As with any high-performance model, beware of cars that are “suspiciously” cheap at dealers that aren’t legit and always get it inspected by a professional that specializes in this kind of hardware before you buy.

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While the V8 M3 isn’t quite as maintenance-heavy as the V10 that went in the contemporary M5, it’s worth ponying up a little more for a high-quality example. But even if you pay a premium, these cars will hold their value and you can likely sell it down the road for close to or more than what you bought it for.

Tom is a contributing writer for Jalopnik and runs AutomatchConsulting.com. He saves people money and takes the hassle out of buying or leasing a car. (Facebook.com/AutomatchConsulting)

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DISCUSSION

e30s2k
ZHP Sparky, the 5th

TOM! STOP IT!

I was just hoping the collective universe wouldn’t realise this and give the 6MT E90 M3 sedan a chance to dip below $20k, but here you are ruining it for all of us.

Alternate post:

Step 1: Dream for manufacturer to release a car

Step 2: Once released continuously shit on car about how it’s not sticking to the roots of its predecessor

Step 3: Continue to drive boring CVT crossover/shitbox while theorizing on internet as to why you didn’t buy dream car

Step 4: Watch prices of dream car plummet over time

Step 5: FUCKING HOPE TOM MCPARLAND DOESN’T RUIN IT FOR YOU

Step 6: Buy dream car for $7 and PROFIT

Thanks for ruining Step 5, Tom.