RE: BMW M3 (E92) Competition manual: Spotted

RE: BMW M3 (E92) Competition manual: Spotted

Thursday 24th January 2019

BMW M3 (E92) Competition manual: Spotted

Why wait for an M3 Pure when this immaculate E92 Competition comes in holy grail spec?



Rumours that BMW's next M3 will come exclusively with all-wheel drive and an automatic gearbox come as little surprise - the model would simply be following the path of the M5 in the face of ever-growing demands for more performance. But few might have expected to hear that a rear-wheel drive, manual M3 Pure version could also be in the pipeline, because such a car would completely buck the trend of the M division's latest movements.

Like the Porsche 911 R and Audi R8 RWS, an M3 Pure would be produced for those who prioritise driving engagement above outright performance. But while there are plenty of us around, it's inevitable that the sales of this manual rear-driven model would be minuscule compared to the regular, more mainstream car. As such, it'll almost certainly come with an inflated price so as to counter the reduced profit margins of a three-pedal M3. Which is a shame.


But what if you didn't require your 'pure' M3 to be brand new? Then might we point you in the direction of the E92 M3 Competition with a manual gearbox on PH's classifieds that, if the description and pictures are anything to go by, is in immaculate condition throughout. Since this is an E92, it comes with BMW's wonderful atmospheric 4.0-litre V8, which offers instantaneous throttle response and has only ever been interested in driving an M3's rear wheels.

In standard trim the E92 was an intoxicating mix of brutish German power and sublime handling, but the Competition variant was sharper still with 10mm lower suspension and revised damping. Even back when the E92 was new, automatic gearbox sales ruled the performance car roost, so today's Spotted is one of just 24 that came fitted with a six-speed manual and Competition chassis. As a 13-plate, it's one of the last to leave the production line, too. We won't need to explain how special that makes this car.


In its six years and 46,000 miles not one sheet of this E92's BMW service history has gone missing, nor have either of its original keys. It's clearly been loved. To seal the deal, the body's been treated to a ceramic coating, plus the car's been parked in a garage, so the red paint - a rare choice for the E92 - looks spotless. Really, it's a wonder why anyone would choose to sell such a rare and healthy example of a 'pure' BMW M car. There's no question, though, why you'd want to buy it.


SPECIFICATIONS - BMW M3 (E92) COMPETITION

Engine: 3,999cc V8
Transmission: 6-speed manual
Power (hp): 420@8,300rpm
Torque (lb ft): 295@3,900rpm
MPG: 22.8
Top speed: 155mph (limited)
Price new: Β£56,590
Yours for: Β£29,500

Click here to see the full ad.



Author
Discussion

GTEYE

Original Poster:

1,479 posts

159 months

Thursday 24th January 2019
quotequote all
Nice car, but the price looks pretty strong for a 6 year old M3 and the mileage looks fairly average for the type of car.....so not low enough to justify a premium.


VonSenger

1,990 posts

138 months

Thursday 24th January 2019
quotequote all
I agree, bonkers pricing. Plenty of manuals to be had at half the price.

yonex

16,200 posts

117 months

Thursday 24th January 2019
quotequote all
These will no doubt bounce upwards soon. If you look at the values of even the weakest 911 they are fantastic value in comparison.

MikeGoodwin

1,561 posts

66 months

Thursday 24th January 2019
quotequote all
The values are mental at the moment, people commanding 5-10k more than they should be worth.

Glad i owned one definitely a box to tick for me anyway, but a flawed car due to its weight. Don't think Id have another but I always look at them with rose tinted glasses which is why I think the pricing is all over the place.

My ideal spec is DCT, 18 inch 216M. With some nice coilovers - ohlins and a centre gravity setup. Top that off with some minor weight reduction, primary cats out, exhaust system, GTS gearbox software, remap. See where Im going here?

Krikkit

17,130 posts

130 months

Thursday 24th January 2019
quotequote all
With how rare it is, what good condition it looks and sounds, and being the last one off the line it doesn't sound like crack-pipe pricing to me.

Perhaps I've just been indoctrinated into the bonkers pricing regime.

yonex

16,200 posts

117 months

Thursday 24th January 2019
quotequote all
MikeGoodwin said:
The values are mental at the moment, people commanding 5-10k more than they should be worth.

Glad i owned one definitely a box to tick for me anyway, but a flawed car due to its weight. Don't think Id have another but I always look at them with rose tinted glasses which is why I think the pricing is all over the place.

My ideal spec is DCT, 18 inch 216M. With some nice coilovers - ohlins and a centre gravity setup. Top that off with some minor weight reduction, primary cats out, exhaust system, GTS gearbox software, remap. See where Im going here?
Agreed, I would go with DCT and definitely some AP's or similar, the stock brakes are just awful. I'll look back at these and kick myself for not buying two and sticking them into storage.

snake_oil

2,039 posts

24 months

Thursday 24th January 2019
quotequote all
VonSenger said:
I agree, bonkers pricing. Plenty of manuals to be had at half the price.
Really. Please share them. I can find a grand total of three manual M3 coupes on AT with sub 60k miles.


Augustus Windsock

1,879 posts

104 months

Thursday 24th January 2019
quotequote all
I must have been a subject of MKUltra or some such, I was looking at this very car on PH two nights ago
Must admit to liking the colour and the fact that it’s a manual but vaulted at the price
However.
I’m sure that the long term prognosis on pricing will be an upward slope
And let’s not forget, all it takes is one person to decide that it’s the right car, at the right price, and boom, it’s sold. And it sets a benchmark that all of a sudden other vendors will pitch their own cars at or near....

BFleming

1,681 posts

92 months

Thursday 24th January 2019
quotequote all
Let's be crystal clear about what the Competition pack gave you over the standard car. For £3315 you got:
Suspension - 10mm lower than a standard E92 M3, revised stability control, and a Sport setting within the standard Electronic Damper Control incl. new damper rates.
Wheels - Those 19 inch Style 359 'CSL' type wheels, shod with either Michelin Pilot Sports or Conti CSC3s - you couldn't specify which it came with from the factory.
It came with a manual box as standard (as did every other M3 of this genre); the DCT option added about £2500.
And that was it. It wasn't a special model per se, literally just a factory order pack you could specify with the M3 coupe only.

9k rpm

172 posts

159 months

Thursday 24th January 2019
quotequote all
Dreaming at that price. Manual is a reason to ask less; horrible box. Engine far better suited to DCT.

cerb4.5lee

13,371 posts

129 months

Thursday 24th January 2019
quotequote all
yonex said:
MikeGoodwin said:
The values are mental at the moment, people commanding 5-10k more than they should be worth.

Glad i owned one definitely a box to tick for me anyway, but a flawed car due to its weight. Don't think Id have another but I always look at them with rose tinted glasses which is why I think the pricing is all over the place.

My ideal spec is DCT, 18 inch 216M. With some nice coilovers - ohlins and a centre gravity setup. Top that off with some minor weight reduction, primary cats out, exhaust system, GTS gearbox software, remap. See where Im going here?
Agreed, I would go with DCT and definitely some AP's or similar, the stock brakes are just awful. I'll look back at these and kick myself for not buying two and sticking them into storage.
Mine was a manual but I also agree that the DCT is the gearbox to go for(and I don't like two pedal cars very much). The DCT just suits the engines characteristics far more imo. The brakes are the first thing you should change as well, BMW brakes from this era were terrible(my Z4M suffered from poor brakes too).

acme

2,257 posts

147 months

Thursday 24th January 2019
quotequote all
As the article said being manual and a comp pack makes it very rare, I can count on one hand how many have come up in the past three years. In fact LCI model manuals are rare full stop.

However that seems a very high price, if it wasn't a comp pack I'd expect a max of 25k from a dealer.

But you pays your money & takes your choice.....

KPB1973

313 posts

48 months

Thursday 24th January 2019
quotequote all
Nice car, but even for the age, condition, mileage and spec - i'd say it has 1 or 2 years' worth of (hypothetical) appreciation factored into the price already.

Having bought 2 in quick succession over the last 4 months, I reckon supply well exceeds demand at the moment - which somewhat undermines their 'investment' reputation.

VonSenger

1,990 posts

138 months

Thursday 24th January 2019
quotequote all
snake_oil said:
VonSenger said:
I agree, bonkers pricing. Plenty of manuals to be had at half the price.
Really. Please share them. I can find a grand total of three manual M3 coupes on AT with sub 60k miles.

No problem:






All manual, all less than half price. I'd rather pocket the difference and put a set of coilovers and AP's on.
There's a bum (mug) for every seat. The market would be a different place if it weren't for good customers like yourself.

snake_oil

2,039 posts

24 months

Thursday 24th January 2019
quotequote all
Errr. The last one is 6 years older! And 20k more miles. Can't see the mileage of the other cars!

smartypants

42,426 posts

118 months

Thursday 24th January 2019
quotequote all
9k rpm said:
Dreaming at that price. Manual is a reason to ask less; horrible box. Engine far better suited to DCT.
Agreed.

It's about £10k overpriced. Passed up on a nice late 40k miles DCT at £20k last year, just couldn't justify the outlay at the time. Manuals were definitely about 20% cheaper, and I wasn't interested.




daveco

3,706 posts

156 months

Thursday 24th January 2019
quotequote all
Wonderful cars. Far more impressed with this version of the M3 compared to the one that preceded it.

Only ever drove it with the DCT and I thought it was a fantastic 'box.

Amazing that they are getting so cheap. These don't rust like the E46 either.

smartypants

42,426 posts

118 months

Thursday 24th January 2019
quotequote all
They are stonking cars. Still want one I think. DCT + that V8 one of the finest motoring marvels.


HM-2

4,726 posts

118 months

Thursday 24th January 2019
quotequote all
smartypants said:
They are stonking cars. Still want one I think. DCT + that V8 one of the finest motoring marvels.
Late car with DCT, big spec and 4-doors in an interesting colour for me please.
That's a truly "holy grail" spec- almost no 4-door cars in anything other than black/grey/white...

MDMA .

5,206 posts

50 months

Thursday 24th January 2019
quotequote all
smartypants said:
9k rpm said:
Dreaming at that price. Manual is a reason to ask less; horrible box. Engine far better suited to DCT.
Agreed.

It's about £10k overpriced. Passed up on a nice late 40k miles DCT at £20k last year, just couldn't justify the outlay at the time. Manuals were definitely about 20% cheaper, and I wasn't interested.
Not a comp. But close -

https://www.pistonheads.com/classifieds/used-cars/...