2018 Shannons Melbourne Late Summer Classic Auction
Lot
68

1987 BMW E30 M3 Coupe (LHD)

$65,000

Sold

Specifications

Engine In-line 4-cylinder, 2302cc
Gearbox 5-speed manual
Body Work Coupe
Colour Salmon Silver Metallic
Interior Black
Trim Leather
Wheels Cast Alloy
Brakes Discs with ABS

Description

This lot is no longer available

Unveiled at the 1985 Frankfurt Motor Show, the M3 was the latest creation from BMW’s legendary Motorsport division, a pocket rocket built to homologate the E30 3-Series for the European Touring Car Championship.  Using what was essentially the 24-valve head from the M-Sport straight-six – minus two cylinders – mated to the block of the four-cylinder M10 engine, the M3’s motor developed an impressive 195 horsepower from 2.3-litres.  Throw in a Getrag close-ratio five-speed gearbox, firmer suspension and additional downforce from the aerodynamic aids and you have a car that rewards the driver in the best race bred tradition.  The discreet front air dam, rear spoiler, flared guards and fatter rubber sitting on unique alloy wheels helped set the M3 apart from the ordinary 3-Series – indeed, the entire body was unique to the M-Sport version apart from the bonnet, roof panel, sunroof and doors.  Regarded as one of the greatest drivers cars of the era, the E30 M3 enjoyed a fabulous motorsport career, scoring countless wins in touring car races around the world, including the Australian Touring Car Championship.  In fact the world debut of the M3 took place at Calder in 1987, with the JPS Team BMW’s of Jim Richards and Tony Longhurst scoring wins at Lakeside, Surfers Paradise, Amaroo Park and Oran Park to give Richards the overall title that year, while BMW shared the Manufacturer’s Championship with Nissan.  Thanks to its motorsports heritage and place in M-Sport history, the original E30 M3s have been steadily rising in value over the past decade, the best examples eagerly snapped up by collectors around the world.