Open Roads, February | Lot 108
1998 BMW M Coupé
€45,000 - €55,000 EUR | Not Sold
| Brusaporto, Italy
19 - 28 February 2021
- Rare Evergreen paintwork over an Evergreen and Black Nappa leather interior
- Five owners and just under 87,000 km from new
- Italian delivery example
- A true modern classic, one of BMW’s most celebrated sports coupés
The late 1990s and early 2000s was a wonderful time to be a BMW enthusiast, with the Munich automaker producing a number of high-performance, yet practical automobiles, such as the E46 M3, E39 M5, E31 8 Series, and even the Z8. In 1995, BMW introduced the all-new Z3, a two-door convertible sports car based on the E36 3 Series platform and built at BMW’s Spartanburg, South Carolina factory in the United States.
This new car proved to be quite successful and in short order, a Z3-based M model was introduced in 1997, fitted with BMW’s 3.2-litre S50 inline six-cylinder engine, producing 316 bhp at 7,400 rpm, double the output of the engines first seen in its initial Z3 models. Seeking to add rigidity to the overall platform, BMW’s engineers sought to develop a M Coupé and eventually convinced BMW to put it into production.
Looking at the total production run of 6,291 M Coupés, one of the rarest colours produced was Evergreen. Total production of M Coupés finished in Evergreen paintwork is through to be 89 cars worldwide, with 48 of those designated for the European market. This example boasts not only Evergreen paintwork, but also a matching two-tone Evergreen and Black Nappa leather interior.
First registered on 29 October 1999 to Mario Menichelli residing in the northeastern province of Belluno, the car remained with him until June of 2002 when it was purchased by Giuseppe Capoccia. Capoccia retained the car for four years until November of 2006 when it was purchased by a Mr. Manganello, he kept the car for nine years before selling it to the fourth owner in 2015. Acquired by its fifth and present owner thereafter, the cars presents as a well-preserved example throughout and has been repainted in its original shade of Evergreen, showing just under 87,000 km from new. Importantly, it is accompanied by its original owner’s manual, including its original service book which shows a lifetime of regular servicing at official BMW dealerships, including a recent service in the past few months.
Despite initially slow sales when new, the M Coupé is considered to be one of the finest and most desirable BMWs of the era, high praise especially when considering their corporate peers. Well-kept M Coupés are highly sought after due to their incredible driving dynamics and their overall practicality, perfect for someone looking for a fun daily-driver with two seats. With its incredible Evergreen paint, matching interior, and regular service history, this example surely will not disappoint.