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E36 M3 (1992-1999) {Euro - S50 B32 321hp @ 7400 rpm} {U.S. - S52 B32 240 hp @ 6000 rpm}
Total Produced: 71,212 - Years Produced: 1992 to 1999


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Old Sun, Dec-23-2018, 06:38:34 AM   #1
Ajcanadian
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Default 18 year old with a 23 year old german rocket!

Howdy! I've been a car enthusiast all my life and have owned quite a few BMW's most notably a dakar E36 M3. I did an engine rebuild in that car, enjoyed it and sold it not on my terms. I've missed that car dearly and have always wanted another one. I ended up picking another one that's rougher than my previous dakar, OUCH.
Story on the current 95 Cosmos
I was driving around in town and saw this particular M3 parked with a forsale sign. Called the owner and said it needed a fuel pump and he was asking 2500$ firm. Luckily, I had one at home and told him if he ran with a new fuel pump, I'd pick it up. We arranged a time to meet up and I swapped in the pump and voila the car ran.
Info on the car:-
Performance- K&N cold air intake, eBay headers, bilstein struts&shocks with lowering springs, rough engineering short shift kit, turner underdrive pulley kit, fan clutch delete and a fan has been installed and wired.
Cosmetics:-
Dj glass lense with halos, clear corners, fiber glass trunk with carbon fiber.

Now for the bad
It has been an Ohio, Michigan and, Wisconsin car all it's life. So it's rusty. Otherwise typical E36 issues saggy headliner, door panels, and saggy glove box. No service record :'(

Good:-
Car runs and drives great despite having 172k miles. No lights on the dash. According to a compression test 170-180 psi all 6 cylinders. No weird vibrations at all. Suspension is very tight.

My plan:
Keep driving it until I find a nice shell and swap all the parts into the better shell. But part of me, can't just take parts off this car and put it into another shell. I might just enjoy this and sell it when I find a cleaner example. I just did a lot of work to it recently. Changed all fluids (yeah I used BMW coolant), fuel filter, and cabin air filter(thing was nasty).
Now the question is do I throw a light weight wing on it? Cut the rust spots, weld new sheet metal in and paint it? I can weld but the question is should I? Should I save it or should I drive it? For 2500$ it's hell of a car
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Last edited by Ajcanadian; Sun, Dec-23-2018 at 06:52:07 AM.
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Old Sun, Dec-23-2018, 07:28:17 AM   #2
M3AN
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Default Re: 18 year old with a 23 year old german rocket!

Not bad at all for 2.5k + a fuel pump for a runner!

The answer to your question depends on just how bad the rust is... if chassis rails and jacking points and roof and/or tail/trunk are rusty then it's not going to be economical to fix (I would think).
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Old Sun, Dec-23-2018, 02:22:11 PM   #3
Ajcanadian
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Default Re: 18 year old with a 23 year old german rocket!

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Originally Posted by M3AN View Post
Not bad at all for 2.5k + a fuel pump for a runner!

The answer to your question depends on just how bad the rust is... if chassis rails and jacking points and roof and/or tail/trunk are rusty then it's not going to be economical to fix (I would think).
Both of the quarter panels are rusted.Some other small rust spots here and there. I'm sorry, I should've mentioned this earlier but the bottom end barely has any rust. I was shocked by this. Probably undercoated by the PO's.
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Old Sun, Dec-23-2018, 02:51:02 PM   #4
wichonewichone
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Default Re: 18 year old with a 23 year old german rocket!

I had a cosmos m3 with ltw reps and ltw wing.. hereís a picture

It too, had rust quarters right at the edges. I think a simple sanding, pot-15 treatment and paint touch up would have fixed it in my case. If the rust isnít to bad, maybe just leave it and use it as a justification to yourself when you want to drive the snot out of it


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Old Sun, Dec-23-2018, 05:30:29 PM   #5
englishtom1596q
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Default Re: 18 year old with a 23 year old german rocket!

i would just drive it man. You'll be going down a rabbit hole trying to fix all the rust and problems. Id drive it, and enjoy it, especially for that price.
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Old Sun, Dec-23-2018, 08:30:11 PM   #6
Ajcanadian
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Default Re: 18 year old with a 23 year old german rocket!

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Originally Posted by wichonewichone View Post
I had a cosmos m3 with ltw reps and ltw wing.. hereís a picture

It too, had rust quarters right at the edges. I think a simple sanding, pot-15 treatment and paint touch up would have fixed it in my case. If the rust isnít to bad, maybe just leave it and use it as a justification to yourself when you want to drive the snot out of it


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Looks very similar to mine. Here are some pictures my buddy took for me while it went in for an alignment.

I think I'll just sand it and fill it with bondo. I know it sounds awful but it'll look a lot more presentable and it won't worsen over time. But yes, I'm having a lot of fun with it. It's putting a smile in my face every-time I drive it.
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Old Sun, Dec-23-2018, 08:31:59 PM   #7
Ajcanadian
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Default Re: 18 year old with a 23 year old german rocket!

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Originally Posted by englishtom1596q View Post
i would just drive it man. You'll be going down a rabbit hole trying to fix all the rust and problems. Id drive it, and enjoy it, especially for that price.
You are correct sir. I'll take care of some maintenance and rack up the miles and enjoy it until I find my unicorn.

Screen Shot 2018-12-23 at 3.30.42 PM.jpg
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Old Tue, Dec-25-2018, 01:49:30 PM   #8
Richardsperry
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Default Re: 18 year old with a 23 year old german rocket!

Well there's a difference between being able to weld, and bodywork welding...lol

But yeah, I'd say it's not worth the effort. You will NEVER get all the rust, and it will come back....
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Old Tue, Dec-25-2018, 07:00:15 PM   #9
Ajcanadian
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Default Re: 18 year old with a 23 year old german rocket!

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Originally Posted by Richardsperry View Post
Well there's a difference between being able to weld, and bodywork welding...lol

But yeah, I'd say it's not worth the effort. You will NEVER get all the rust, and it will come back....
I'm sure I could figure it out and pull it off.

But yeah, I'm leaving the car alone and enjoying it as long as the weather is nice and then I'll just tuck it away
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Old Tue, Dec-25-2018, 08:27:48 PM   #10
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Default Re: 18 year old with a 23 year old german rocket!

Not worth the effort and money to fix that IMO. If it really bugs you, I say save up and buy a nicer car OR go the cheaper route and sand/fill/wrap the car. But it'll still be rusted underneath. And just be careful not to spend too much money on a car that has big rust problems.

Regardless... Decent buy for $2500 IMO! Have fun with the car and definitely drive the piss out of it. Try not to crash, being 18 and all.
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Discussing 18 year old with a 23 year old german rocket! in the E36 M3 (1992-1999) Forum - {Euro - S50 B32 321hp @ 7400 rpm} {U.S. - S52 B32 240 hp @ 6000 rpm}
Total Produced: 71,212 - Years Produced: 1992 to 1999 at BMW M3 Forum.com (E30 M3 | E36 M3 | E46 M3 | E92 M3 | F80/X)