The last few years have been kind to BMW E30 M3 values. What was once a $10,000 Craigslist find has turned into a $45,000-and-up concours-eligible classic—and prices are only getting higher. It's left people wondering: Is a 30-year-old BMW 3-Series really worth that much? We're confident this latest video from Harry's Garage will convince you that yes, first-generation M3s are definitely worth the price.
BMW built an M version of the E30 3-Series to qualify for Touring car racing in the late 1980s. Complete with a race-derived 2.3-liter four-cylinder engine that made as much as 197 horsepower, a dogleg manual gearbox, and some fantastic-looking boxed fender flares, the E30 M3 was destined to be one of the greats. And in the past few years, prices have truly begun to reflect that.
Harry Metcalfe of got his hands on a Roberto Ravaglia Edition M3, made in limited numbers to celebrate BMW's Touring Car champion driver. The car is a stunning example, perfect for convincing doubters why paying used Porsche 911 prices for a 30-year-old 3-Series isn't all that crazy.