Almost new 1985 BMW 323i E30 with 162 miles has an astronomical price

What can you do to be able to go back in time to the 80s and buy a brand new E30 BMW 3-Series with all the best factory performance options available? Will you give $122,500? Because that’s what a dealer in Austria is asking for a chance to do exactly that.

There is no time machine on this sale, although you can probably build one for €119,950 collected. But the cool old BMWs of the ’80s are very desirable in 2022 and the chances of buying them with just 162 miles (260 km) on the clock only come around every five years, apparently – we wrote about this car in 2017 when it was advertised for 69,900 Euros ($71,000 at current rates).

The vehicle in question is not a rare M3 Evolution, its 2.0-liter M3 tax cousin, the 320iS, or a limited-edition convertible. It’s a fairly plain looking two-door 323i in Zinnober red and rolls on steel wheels. You’d be forgiven for your mistake of getting the 89 hp (90 hp) fueled by the 316 carb if you haven’t spotted the twin tailpipes jutting the shape under the rear bumper. And if only a 316 model, it would still be great given its low mileage and immaculate condition. Just check out the uncracked dashboard in the gallery below. Being a pre-facelifted car with early chrome fenders, it’s also much nicer than the post-87 models.

But this E30 is much better than the base 316, and not just because it has a straight six under the hood. The original owner didn’t bother wasting money on alloy wheels, power windows, power steering or a sunroof, instead spending his money on a limited-slip differential, a sporty dogleg-style gearbox and 1:1 fifth gear instead of overdrive as standard equipped, interior Authentic Recaro.

Related: This 1996 E36 Alpina B3 Touring is one of only 89 in existence

BMW replaced the 323i with the more powerful 325i in Europe in 1985, but this car appears to have been registered in April 1985, so it may have been on hold for a while before it became road legal. This means it only sends 148 hp (150 hp) and 151 lb-ft (205 Nm) to the rear wheels, instead of 168 hp (171 hp) and 222 Nm (222 Nm). But the E30 was, of course, fairly light at the time, and ridiculously light by current standards. Low options Euros like this tip the scales at around 2,315 lb (1,050 kg) and can reach 60 mph (96 km/h) in 8.3 seconds on their way to a top speed of 125 mph (202 km/h) .

Those numbers aren’t anything special these days (and the four extra rounds of unassisted steering would seriously chronicle the driving experience), but we’d love to get a chance to pile some miles on this Bavarian timing, which is for sale with Klagenfurt based Meyer Haffner. But not much we would have spent more money than a peachy E46 M3 to make it happen. What would you pay for this rare slice of the 3-classic series? Leave a comment and let us know.

More photos…

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