How Can This 1997 BMW M3 Be Worth 164,500 Euros?

For Sale

Seems a bit steep to us.

A clean 1997 BMW M3 can easily be picked up for under $10,000. So why is this guy from Germany asking for 164,500 Euros for his ride? According the ad, this particular M3 is a long way from stock. First up, it’s one of just two Lippert 356CS models ever built. The M3 has also been tuned by JML. Underhood lurks a 5.6-liter V12 borrowed from a BMW 850 CSi, replacing the E36 M3’s 3.2-liter inline-six. Output is rated at 500 horsepower.

The M3 also boasts 19-inch rims, ABS, a board computer, electric windows and leather interior. With just 20,000 miles on the clock, the car seems in good condition. But does it justify a 164,500 Euro price tag? We would suggest not.

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