How Does It Drive?

The character of the E36 M3 is, inevitably, very different from that of its more frantic predecessor given the extra cylinders, kilos and luxuries. But, looking back to where M started, it’s more like a junior M5 in its combination of understated muscularity, stirring performance and luxury. That engine is still pretty special, too, and at just shy of the magic 100PS per litre had better specific output than even the Italian exotica of the era. Which isn’t bad in a 3 Series.

A well-sorted example should combine a creamy, six-cylinder power delivery stretching all the way out to the 7,000rpm-plus redline with sharp, precise handling and that traditional BMW rear-driven balance. If less ‘on the doorhandles’ than its E30 predecessor it’s still fast and sharp enough to keep pace with anything of similar vintage, this blend of performance and refinement as attractive now as it was then. While most will prefer the manual the automated SMG seems an increasingly interesting curio for those willing to apply themselves to driving it properly, the need to lift between shifts offering a more involving two-pedal experience than the dual-clutches and autos in more recent M3s and M4s.  

What’s Good?

Against the gaping grille and rippling bodywork of the latest M3 and M4 the E36 is a model of aesthetic restraint, with just enough about its stance and exterior details to set it apart from regular 3 Series of the era without shouting too loudly about it. That remains a very attractive combination, with the choice to go more lairy in some of the louder colours or play the stealthier card as taste dictates. The four-door, meanwhile, has much of the same appeal in a properly understated package. All are fast but the later 3.2-litre ‘Evo’ models offer a serious step up in performance with the increase in power to well over 300PS, while the combination of performance and luxury mean it’s a nice place to rack up the miles whether you’re letting rip or just on a cruise. Inclined on its side to reveal those individual throttle bodies and breathing out via a racy tubular manifold, the big straight-six looks as good under the bonnet as it sounds as well.

What’s Bad?

While appreciation is now growing and good examples are increasing in value the E36 has, like most M3s, lived through a period of relative affordability and, therefore, accessibility for owners more interested in short-term thrills than long-term upkeep. This particular ‘buyer beware’ vigilance when choosing one, with gaps in the service history, suspiciously low mileages, signs of bodged repairs and dodgy modifications all warning signs to pay heed to. Having waded through the many on sale with one or more of these red flags only then can you apply the more diligent checks for some of the known corrosion spots or mechanical weaknesses. Meanwhile, the SMG automated manual is best described as an acquired taste and adds potential for expensive failures and the convertible, while popular with some, is heavier, softer and arguably compromised as a proper performance car. The power roof can also be expensive to fix if it goes wrong.

Which Model To Choose?

While the saloon has a certain Q-car appeal most M fans will probably gravitate towards the coupe, given its purist credentials and more distinctive looks. Pre-facelift models with the 3.0-litre engine may be usefully cheaper to buy and still have the character and performance to put a smile on your face. Collectable versions like the European-market, homologation spec GT with its 296PS (218kW) version of the 3.0-litre engine, distinctive British Racing Green paint and high-level rear wing are prized, the UK-market GT Individual getting the look if not the really juicy mods while in fact even rarer. Also prized, the run-out Imola Individual will be much coveted by the true fans and priced accordingly. As a car to enjoy, though, an Evo with the more powerful 3.2-litre engine and manual transmission is probably the best of the bunch, and a safe place to have your money while you get out and enjoy a true BMW classic.

Specifications

3.2-litre six-cylinder, petrol

321PS (236kW) @ 7,400rpm

350Nm (258lb ft) @ 3,250rpm

Six-speed manual, rear-wheel drive

1,515kg

5.5 seconds

155mph

1992-1999 (total production across all versions)