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Drivers urged to buy modern classic BMW M3 ‘that’s a relative bargain’ but could become incredibly valuable
A number of 90s motors are beginning to raise in value and could be worth a fortune in a few years time
PETROLHEADS have been urged to seek out a modern classic BMW M3 as it could be worth a lot of money in years to come.
In recent years, many tasty motors from the 90s and early 2000s have begun to rise in value - largely because of their nostalgia value.
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Motors like the Lotus Elise S2 and the Audi TT are the best known modern classics that are beginning to be sought out by collectors.
But one car expert believes one of the best-recognised BMW models could soon be worth a pretty penny.
In a list by Alex Robbins of of cars “certain to become classics” one day.
Alex wrote: "Nostalgia sells and with those born in that era now approaching mid-life and with disposable income to spend on such cars, they’re becoming hot property.
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"Despite this, though, there are still some choice models that have escaped the rampant price inflation – and are worth looking out for now, because that won’t be the case forever."
One motor that really stood out was the the second-generation M3.
Alex added: "The second-generation BMW M3 has often been viewed with a tinge of disappointment, but don’t be fooled.
“It isn’t quite as sharp as its race-derived predecessor, but the combination of taut body control, oodles of grip, a slick six-speed gearbox and that fizzing, rasping six-cylinder engine mean it’s every bit the consummate driver’s car.
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“Throw in perfectly proportioned retro styling with just the right amount of muted aggression and it’s a brilliant mix."
Built between 1992 and 1999, the second-gen M3 was the first to use a six-cylinder engine that could generally hit 240 bhp - giving a top speed of over 150 mph.
Car expert reveals two ‘golden rules’ before buying a modern classic
It's not just abut speed either, as Car and Driver magazine named it the best-handling car at any price in 1995.
From new, they could be bought for around £33,000, and today their prices aren't exactly cheap - but their still lower than what's predicted for the near future.
Alex added: “Prices of coupe models are already sky high – but choose a saloon or a convertible and you can still grab a relative bargain.”
He believes the price you should look to pay is a mere £12,000 - with a 1999 example of the M3 Evolution with just 85,000 miles on the clock ands a full service history up for sale for £15,995.
This comes as BMW fans recently discovered the historical hidden meaning behind the brand's iconic logo.
And BMW announced in May that they were changing the way they names their petrol motors – ending 50 years of tradition.
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