Ferco Motors

1740 SW 1st St, Miami, FL 33135
4.5
4.5 out of 5 stars

Used 1998 BMW M Base

34,802 miles
For Sale:$32,899
Estimated payment:$746/mo.
$0 trade-in, 10% down payment, 48 months, Great credit score

Value ChartA visual chart indicating the fair price range is between $21,200 and $24,800, while the current price is $32,899.$21,200 - $24,800$32,899
  • Priced at $32,899, this vehicle is $8,099 above the high end of its fair market value of $24,800.

  • The current fair market price range is between $21,200 to $24,800.

  • It has 34,802 miles, which is 19,498 (36%) below the median mileage of 54,300.

Note: This is an estimate based on a variety of factors (experimental feature). It is intended to provide a fair market value range to help guide your buying decision.

View Full Value Report
  • Car
  • Convertible
  • Luxury
  • Condition
    Used
  • Mileage
    34,802miles
  • Generation
    1(1996 - 2002)
  • Trim
    Base
  • Drivetrain
    Rear Wheel
  • Transmission
    5-Speed Manual
  • MPG
    18 city26 highwayMax range: 338 miles
  • Exterior Color
    Arctic Silver Metallic (Silver)Factory Paint Code:309
  • Upholstery
    Leather
  • Doors
    2
  • Max Seating
    2
  • Max Towing Capacity
    0lbs.
  • Final Assembly Point
    Spartanburg, South Carolina
  • VIN
    WBSCK9337WLC86367
  • Starting MSRP
    $42,770

Engine3.2L I6 Gasoline 240hp

  • Fuel Type:Gasoline
  • Max Horsepower:240 hp @ 6000 rpm
  • Power to Weight Ratio:12.86lbs/hp
  • Max Torque:236 ft.lbf @ 3800 rpm
  • Displacement:3.2liters
  • Block Type:I
  • Cylinders:6
  • Aspiration:Naturally Aspirated
  • Fuel Induction:Fuel Injection
  • Cam Type:DOHC
  • Valves:24

Message from the seller

Silver 1998 BMW Z3 M Base RWD 5-Speed Manual 3.2L I6


Ferco Motors has been family owned, operated, and serving the community since 1984. We are a proud A+ rated member of the Better Business Bureau .In addition we offer rates as low 2.9% , Gap, theft protection and extended warranties. We are sure to find the right financing for your needs, whether you have A1 Credit or credit challenges we can get the right financing for you. Give us a call today and we will earn your business today!

  • Comfort & Seating:

    • Heated Seats
    • Power Seats
  • Entertainment:

    • Premium Audio
  • Exterior:

    • Heated Mirrors
    • Tinted Windows

  • Air Conditioning

    • Front air conditioning
  • Airbags

    • Front airbags: dual
  • Audio System

    • Premium brand: harman/kardon
    • Cassette
    • Radio: AM/FM
    • Premium brand
  • Brakes

    • ABS: 4-wheel
    • Power brakes
  • Comfort Features

    • Shift knob trim: leather
    • Steering wheel trim: leather
  • Convenience Features

    • Cruise control
    • Power steering
  • Drivetrain

    • Limited slip differential: rear
  • Instrumentation

    • Gauge: tachometer
  • Lights

    • Front fog lights
    • Roof-mounted lights
  • Mirrors

    • Side mirror adjustments: power
    • Side mirrors: heated
  • Roof

    • Convertible roof: power
  • Seats

    • Passenger seat: heated
    • Front headrests: integrated
    • Driver seat: heated
    • Front headrests: 2
    • Upholstery: leather
    • Driver seat power adjustments
    • Passenger seat power adjustments
    • Front seat type: sport bucket
  • Security

    • Anti-theft system: alarm
    • Power door locks
  • Suspension

    • Tuned suspension: sport
  • Tires and Rims

    • Wheels: aluminum alloy
    • Wheel diameter: 17 inch
  • Windows

    • Front wipers: intermittent
    • Power windows
    • Tinted glass

1998 BMW M3

The 1998 BMW M3 represents a significant evolution for BMW's legendary M division, marking the introduction of the E36 chassis M3 to North America in its more potent European-spec iteration. This model year is highly sought after by enthusiasts for its refined performance, balanced handling, and the unmistakable DNA of a true driver's car.

Highlights

  • Engine: The heart of the 1998 M3 is the potent 3.2-liter inline-six engine. This powerplant, derived from BMW's racing heritage, produces 240 horsepower and 236 lb-ft of torque. It's renowned for its smooth power delivery, impressive rev-happiness, and the characteristic inline-six growl that BMW M cars are famous for. This engine provides exhilarating acceleration and a rewarding driving experience across the rev range.
  • Safety Features: BMW equipped the 1998 M3 with a suite of safety features designed to enhance both occupant protection and vehicle control:
    • Anti-lock Braking System (ABS): ABS prevents wheel lock-up during hard braking, allowing the driver to maintain steering control and reduce stopping distances on slippery surfaces.
    • Traction Control System (ASC+T - Automatic Stability Control and Traction): This system monitors wheel speed and can intervene by reducing engine power or applying individual brakes to prevent wheelspin during acceleration, improving stability and grip, especially in adverse conditions.
    • Dual Front Airbags: Standard for the era, these airbags deploy in a frontal collision to cushion the driver and front passenger.
    • Optional Side-Impact Airbags: While not standard on all models, side-impact airbags were available as an option, offering additional protection in side collisions.
  • Trims: The 1998 M3 was primarily offered in two body styles, catering to different needs and preferences:
    • M3 Coupe: The quintessential M3 experience, offering a sleek and sporty two-door profile. It emphasizes agile handling and a focused driving dynamic, making it the choice for purists.
    • M3 Sedan: Providing a more practical and versatile package, the M3 Sedan offers four doors and a larger interior without significantly compromising on the M3's performance credentials. It's an excellent choice for those who need the exhilarating M3 experience with a touch more everyday usability.
  • Other Notable Aspects:
    • Revised Suspension and Chassis Tuning: The 1998 M3 benefited from a comprehensively revised suspension system compared to its predecessors. This included stiffer springs, dampers, and thicker sway bars, contributing to sharper handling, reduced body roll, and a more connected feel to the road.
    • Limited-Slip Differential (LSD): Standard on the M3, the LSD helps distribute power more effectively between the rear wheels, improving traction and allowing for more precise throttle control during spirited driving and cornering.
    • Upgraded Brakes: The M3 featured larger and more robust braking components compared to standard 3 Series models, providing increased stopping power and fade resistance under demanding conditions.
    • Sport-Tuned Interior: The interior often featured M-specific touches like sport seats (often with more aggressive bolstering), an M steering wheel, and M badging, all contributing to the sporty and focused driving environment.

What to Expect

Owning a 1998 BMW M3 is generally a rewarding experience for those who appreciate a driver-focused car with excellent performance. The typical ownership experience involves:

  • Driving Dynamics: Expect a car that is engaging and communicative. The steering is precise and offers good feedback, and the chassis is well-balanced, making it predictable and enjoyable to drive through corners. It strikes a good balance between sporty firmness and everyday comfort for a performance car of its era.
  • Maintenance: As a performance-oriented vehicle from a premium German manufacturer, the M3 requires regular and diligent maintenance. This includes routine oil changes (often with specific synthetic oils), coolant flushes, brake fluid changes, and inspections of suspension components. Parts can be more expensive than for non-M BMWs or other mainstream brands. Owners should be prepared for the possibility of more frequent and potentially costly repairs as the vehicle ages. Keeping up with maintenance is crucial for preserving its performance and longevity.
  • Insurance: Insurance costs for a 1998 BMW M3 will likely be higher than for a standard 3 Series of the same year. This is due to its performance capabilities, the higher cost of parts and repairs, and its desirability among enthusiasts. Premiums will vary significantly based on driver age, location, driving record, and coverage levels.

Potential Considerations

While the 1998 M3 is a highly regarded vehicle, potential buyers should be aware of a few common considerations:

  • Cooling System: Like many E36 BMWs, the M3's cooling system can be a potential weak point if not properly maintained. Components like the plastic expansion tank, water pump, and hoses can become brittle with age and may require replacement. Regular inspections and proactive replacement of these parts can prevent more significant issues.
  • Vibration Dampers (RTABs): The Rear Trailing Arm Bushings (RTABs) are known to wear out over time, leading to clunks or a feeling of looseness in the rear end. Replacement with upgraded aftermarket bushings is a common and recommended upgrade for improved handling and longevity.
  • Interior Wear: Given the age of the vehicle, expect some signs of wear on interior components such as seat bolsters (especially on the driver's seat), the headliner (can sag), and plastics.
  • Electrical Components: While generally reliable, some older electrical components, such as window regulators, climate control modules, or the on-board computer (OBC), can occasionally develop issues.

Overall Summary

The 1998 BMW M3 is a modern classic, offering a compelling blend of exhilarating performance, sharp handling, and sophisticated engineering. It provides a rewarding driving experience that remains engaging and enjoyable even by today's standards. For enthusiasts seeking a well-balanced and capable sports sedan or coupe that connects the driver to the road, the 1998 M3 is an exceptional choice. However, potential owners must be prepared for the commitment to regular maintenance and the possibility of age-related repairs to keep this iconic M car in top condition.

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Listed on March 26, 2026 (a month ago)
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