Sold
No Reserve
Collecting Cars

1988 BMW (E30) M3 - Project

Sold for

£50,000

Ended 17 May 2026

Data from Collecting Cars, updated on 10 Oct 2026

Year
1988
Mileage
84,761 miles
Gearbox
Manual
Engine
2.3L
Colour
Salmon Silver Metallic
Location
UK, United Kingdom

Specification

Interior
Black
Steering
left

Description

KEY FACTS

  • A highly sought-after, homologation-derived modern-classic sports saloon, this left-hand-drive E30-generation BMW M3 has reportedly remained in the same family ownership for more than two decades.
  • It is powered by a naturally aspirated 2.3-litre inline-four DOHC engine, driving the rear wheels through a five-speed manual transmission.
  • The car was first registered in Milan in 1988 before being imported to the UK where it was first registered with the DVLA in February 1997.
  • The seller notes that the car has been in storage for approximately 13 years, having been inherited from their father, who owned it for around 23 years.
  • The odometer indicates 136,409 km, though this is not warranted.
  • The car is offered for sale as a project in need of recommissioning works and a valid MOT test certificate.

EQUIPMENT AND FEATURES

  • This E30-era M3 is finished in the refined shade of Salmon Silver Metallic, over a black leather-trimmed interior.
  • It rides on a set of 15-inch cross-spoke alloy wheels fitted with Road Champ Power Racer tyres.
  • Equipment includes a heated rear screen, a three-spoke steering wheel, electric front windows, an on-board computer, a Pioneer cassette stereo, and air conditioning.
  • The seller reports that the car is fitted with a handmade stainless steel exhaust system.
  • The car will be supplied with its original handbooks, the V5C, a spare wheel, partial service history records, the partially stamped service booklet, and two keys.

CONDITION

  • Please refer to the photo gallery to assess the exterior and interior condition.
  • Specific notes from the seller include: wear on the gear knob. The car has been in storage for approximately 13 years and will require recommissioning before regular use.
  • The most recent MOT test was on 12 April 2013 at an indicated 134,446 km, which resulted in a second-time pass with no advisories.
  • Please note, a fresh MOT will be required before the car can return to the road.

SERVICE HISTORY

  • The seller states that the last recorded service was carried out in July 2012 at approximately an indicated 136,000 km.

Dates and mileage:

  • Date not recorded - 8,018 km - (reported)
  • Nov 1989 - 18,193 km - (reported)
  • Date not recorded - 25,870 km - (reported)
  • Feb 1991 - 34,357 km - (reported)
  • Mar 1992 - 39,175 km - (reported)
  • Apr 1993 - 54,346 km - (reported)
  • Sep 1995 - 73,427 km - (reported)
  • Date not recorded - 66,195 km - (reported)
  • Aug 1996 - 82,181 km - (reported)
  • Sep 1997 - 89,424 km - Evans Halshaw (evidenced)
  • Jul 1998 - 104,197 km - Hilcars BMW (evidenced)
  • Aug 1999 - 111,044 km - (evidenced)
  • Jul 2012 - 136,000 km (Approx.) - (reported)

SUMMARY

This E30-generation BMW M3 is a long-term family-owned example of the iconic homologation-era sports saloon. Presented with a timeless colour scheme, iconic boxy styling, and having reportedly spent approximately 13 years in storage, it represents an appealing recommissioning opportunity for an enthusiast seeking one of BMW Motorsport’s most celebrated creations.

Descriptions are provided by the seller and, to their knowledge, are accurate and not misleading. Buyers must satisfy themselves of the description’s accuracy, and independent research is strongly advised. Enquiries should be raised in the comments section and any inspections arranged before bidding.

Classic and collectible vehicles may have had cosmetic or bodywork repairs that are not visually apparent. Photographs may not accurately reflect colour or condition, so buyers should confirm key details directly with the seller. Unless stated otherwise, you must assume that any cherished, personalised, or heritage vehicle registration is not included in the sale of a car or bike. Please see our Terms and Conditions for full details.

All UK-registered cars and motorbikes on Collecting Cars are run through an online HPI check. On the HPI report, this vehicle shows no insurance database markers for damage or theft, and has no finance owing.

Comparable sales

Sold prices from auctions that ended in the last 24 months. Prices in GBP.

Median sold price

£78,387.50

Sold range

£37,125 – £107,000

Sold lots

8

Price trend

Falling

Sold 36% below the E30 median

Too few other sales in the last 12 months to chart.

See all results

Similar live auctions

Other auctions for the same model, ending soonest first.