Skip advert
Advertisement
Advice

Are you tempted by a used BMW M car? - evo Market

Rewarding to drive and a safe bet financially? Step forward a select band of BMW models

Let’s start with the ubiquitous E92 M3, defined by its high-revving, naturally aspirated V8. Prices for early, high-mileage coupes are now comfortably into the teens, and there are plenty on the market. These cars may one day be classics, even if prices are expected to slide further in the short term. Really nice cars start at around £20,000, and even the best are only in the £30,000 bracket. Watch out for failing throttle bodies and noisy differentials, but they’re  generally tough cars. Very few experts rate the portly E93 Convertible, so we’ll gloss over it here.

Advertisement - Article continues below

The 1M has achieved something of modern-classic status, with values holding; low-mileage cars exceed £40,000. Dan Norris (see below) believes this buoyancy is largely led by the trade, and doesn’t necessarily see them as a long-term investment, while specialist Birds cautions that the forthcoming M2 might affect the market.

And what of the mighty V10s? They’re a high-risk purchase, and this page could easily be filled four times over with buying advice, but the core message is: research your purchase thoroughly. Some cars still have a BMW warranty, which is a comforting thought. A £15,000 E60 M5 is a gamble, £17,500 is fair, and £20,000 secures a good one. Nice M6s are worth a bit more, and Norris tips those as a much better investment bet.

Skip advert
Advertisement
Advertisement - Article continues below

Then there’s the Z4 M. A cult car in coupe form, and somewhat forgotten as a roadster, this flawed but individual BMW won’t be to all tastes. Currently in the high teens, it’s easy to see them rising.

> Find used BMW M cars for sale on Classic and Performance Car

Expert view

Birds & Munich Legends

There’s a marked difference of opinion between our experts on the V10-engined BMW M5 and M6 models. Birds (birdsauto.com) won’t retail them as a rule due to ‘long-term mechanical issues and running costs’. Munich Legends (munichlegends.co.uk) sells plenty, but is under no illusions that they’re a special purchase requiring plenty of forethought and homework. ‘There are some issues you should think about before you even think about buying one,’ says Legends’ Dan Norris, citing clutch and gearbox wear and fuel consumption. ‘Allow your prejudices to have free rein, and get it inspected,’ he urges.

Advertisement - Article continues below

The Z4 M, particularly in Coupe guise, has always been a car to split opinion, and while Norris diplomatically admits that it’s a cult car, at Birds they love them.

Both are big fans of the V8 M3s though, although Birds prefers the manual cars while Munich Legends leans towards the DCT versions. Both agree that getting the right spec on the car is important, with EDC damping a must. Norris has even used an M3 saloon as his daily driver for the past four years, and loves it dearly. These are still not cars to purchase lightly, however. ‘Anything that makes you raise an eyebrow about the car, just walk away,’ Birds advises.

Serial buyer

Fergus Calder

Skip advert
Advertisement
Advertisement - Article continues below

Fergus Calder got hooked on the M doctrine driving his father’s E46 M3, and years later realised the dream by acquiring an E92 M3 Coupe himself.

‘I averaged 12-13mpg. At best I got 18mpg. The fuel costs were mental, and were one of the reasons I got rid of it. It does take its toll on your wallet. Even so, I’d have another one.’

Calder replaced the much-loved M3 with a 1M in Valencia Orange. ‘It felt smaller than the M3. It was nice to have something more intimate. There was no messing about with it, but once you’d learnt how it worked, it never scared you. And it always wanted to go sideways – in a good way.

‘I put a Larini exhaust on it as it was way too quiet after the V8 M3. I had it for 16 months. I actually sold it for more than I paid for it, and given that it had the service pack, it only cost me fuel and tyres. I’d find any excuse to get in and go for a drive.

‘I might get an E39 M5 next. After all, it’s not about lap times; it’s how it makes you feel. The 1M didn’t have all those silly electronic aids, and the E39 is the same sort of thing.’

> Find used BMW M cars for sale on Classic and Performance Car

Skip advert
Advertisement

Recommended

Secret BMWs – a look behind the scenes at Munich's unseen models
Secret BMWs
Features

Secret BMWs – a look behind the scenes at Munich's unseen models

For every BMW model that reaches the showroom, there are numerous prototypes and concepts that have existed only behind the scenes – until now
13 Apr 2024
Rimac to supply BMW with EV batteries
Vision Neue Klasse
News

Rimac to supply BMW with EV batteries

Croatian firm to supply batteries for the next-generation of electric BMWs due in 2025
9 Apr 2024
BMW iX2 xDrive30 2024 review – hot hatch speed, but not without compromise
BMW iX2 xDrive 30 – front
Reviews

BMW iX2 xDrive30 2024 review – hot hatch speed, but not without compromise

The 302bhp iX2 xDrive30 delivers the goods in a straight line, but it’s too tightly-wound for an everyday family car
14 Mar 2024
This BMW SUV will form the technical basis for the next 3-series
BMW Neue Klasse SUV – front
News

This BMW SUV will form the technical basis for the next 3-series

BMW’s Neue Klasse EV technology will underpin everything from SUVs to a future all-electric M3
7 Dec 2023
Skip advert
Advertisement

Most Popular

Lotus Elise S2 v Toyota MR2 Mk3 v Porsche Boxster S 987: The best affordable mid-engined sports cars
Used mid-engined bargains
Group tests

Lotus Elise S2 v Toyota MR2 Mk3 v Porsche Boxster S 987: The best affordable mid-engined sports cars

Everyone should own a mid-engined car at least once in their life, and the S2 Elise, Mk3 MR2 and 987 Boxster S are brilliant places to start
15 Jun 2024
Porsche Cayenne GTS 2024 review – the SUV that might get you out of an RS6
Porsche Cayenne GTS – front
Reviews

Porsche Cayenne GTS 2024 review – the SUV that might get you out of an RS6

The new Cayenne model offensive continues with the introduction of the GTS, the sweet-spot in the line-up.
18 Jun 2024
Bugatti Tourbillon revealed – the 1775bhp, V16-engined Chiron successor is here
Bugatti Tourbillon – front
News

Bugatti Tourbillon revealed – the 1775bhp, V16-engined Chiron successor is here

With a naturally aspirated V16, a new carbon chassis and a 273mph top speed Bugatti’s latest hypercar has the GMA T.50 in its sights
20 Jun 2024