1997 BMW M3 Sedan: 43k Original Miles, 5-Speed, 2 Owners, Mechanically Excellent

1997 BMW M3 Sedan Description

Goodman Reed Motorcars

805-202-4557

Offered for sale is a gorgeous, 43k mile, 5-speed manual, two owner 1997 BMW M3 (E36) Sedan, finished in desirable and timeless Arctic Silver Metallic (#309) over Grey leather. Sold new by BMW of Honolulu, HI to a retired manufacturing executive and philanthropist from Illinois, he would use the car sparingly for six months out of the year at his vacation home in Lahaina, always keeping it well maintained and garaged. Advancing age eventually prevented the family's twice yearly trips to Hawaii, and in 2006 he traded the car in to BMW of Maui.

The second owner's close friend was the service manager at one of Southern California's largest BMW dealerships and he threatened to buy the car himself if his friend didn't pull the trigger. Having been looking for a low mileage M3, the second owner couldn't believe his luck when one turned up in Hawaii - let alone on the very island where he lived - so he bought the car and continued the original owner's sparing use and care, clocking less than 3k miles per year until we were fortunate enough to acquire it earlier this summer.

A testament to the prior owners' careful use, the car remains in very clean condition. Never in an accident, the body is entirely straight, with factory correct panel fits and gaps throughout. The finish is in great shape: deep, lustrous and marred only by minor imperfections, none of which are significant enough to really appear in any of the photographs. There are minor imperfections on the door rails, a scuff on the passenger side of the front valence and at the bottom of the rear passenger-side wheel arch, and there are a few imperfections on the original 17" M Double-Spoke wheels, which are wrapped in Michelin Pilot tires with plenty of remaining tread. That being said, and as the photographs show, the car presents beautifully. The car's interior is equally as clean, the grey leather seats and arm rests showing only the minimal wear commensurate with a 43k mile example and the carpets, interior panels, dash and headliner all in excellent condition. The car is fitted with an aftermarket Kenwood in-dash CD/radio unit (with easy AUX and USB plug ins), but can be swapped back to original with relative ease if so desired.

The car was delivered new with the following options: Luxury Package, Sport Seats, M-Sport Steering Wheel, Electric Sunroof, Front Passenger Airbag, Automatic Climate Control, Cruise Control, On Board Computer, HiFi Speakers and BMW 6-Disc Changer (Currently Disconnected). The car comes complete with its two original keys, two original alarm fobs, valet key, all of the original books and manuals and an entirely clean Carfax report. Also, upon receiving the car, we immediately brought it to our local independent BMW expert who performed a comprehensive Pre- Purchase Inspection, a copy of which will be sent to serious buyers upon request.

Unsurprisingly, the inspection report reveals a mechanically excellent, turn key E36 M3. The S52 3.2L I6 engine fires up immediately, idles consistently and pulls strongly and smoothly through each of the 5-speed transmission's gears. No leaks are evident, compression is strong across all cylinders, and the E36's renowned agility and handling make the ride quality the perfect marriage of performance and modern comfort. All of the electronics (power windows, sunroof, A/C, on board computer, etc.) work exactly as they should, and the car is a joy to drive regardless of whether cruising through town, bombing down the highway or whipping through the canyons. Punchy and athletic, in our humble opinion the E36 M3 is one of BMW's most ultimate driving machines, certainly in terms of driver enjoyment.

It's for that reason that this example represents an incredibly uncommon opportunity - the E36 M3 is so pleasing from behind the wheel that a vast majority of them have been run into the ground or dramatically modified as track cars or (often misguided) street-tuners. Finding an unmodified, low original mile, two-owner, mechanically excellent example is virtually impossible, especially in the sedan variant and finished in desirable colors. As the E24, E28, E30 and E34 markets have born witness, modern classic BMWs are coming into their own as true collector cars, and the E36 generation is quickly following suit, making this 43k mile example an excellent, grin-inducing investment.

We want this car to go to great home and would be happy to answer any questions or discuss a deal, so please feel free to email us or call us at805-202-4557. You can also visit us online atGoodmanReed.

Goodman Reed Motorcars

Santa Barbara, CA

For U.S. buyers a 10% non-refundable deposit is required within 3 days of the auction's end, the balance to be paid within 7 days of the auction's end. Foreign buyers must pay in full within 7 business days of the auction's end. Buyer is responsible for shipping, however we'd be more that happy to help with recommendations and arrangements. The car is listed locally and we reserve the right to end the auction at any time should it sell prior to auction's end. Thanks for your interest.