1989 BMW E30 M3 Sedan / BOS Vehicle Information

1989 BMW E30 M3 photograph

1989 BMW E30 M3 photograph

1989 BMW E30 M3 photograph

1989 BMW E30 M31989 BMW E30 M31989 BMW E30 M3
Sedan
Chassis #: BOS
Sold for $78,400 at 2019 RM Sothebys : Monterey.
The DTM or Deutsche Tourenwagen Meisterschaft (German Touring Car Championship) was contested by European manufacturers such as Volvo, Audi, and Mercedes-Benz. BMW won the DTM on two occasions with their E30 M3 model, with Eric van de Poele taking the 1987 crown for the Zakspeed Team, and Roberto Ravaglia winning it all in 1989 for Schnitzer in an M3 Evo. The Schnitzer team was sponsored by the German beer company Warsteiner, and Schnitzer DTM M3 examples during this period prominently featured the brewer's gold-circle logo.

This particular example is a tribute to the Schnitzer-run E30. It began life as a body-in-white chassis and believed to have been acquired by a doctor in Italy with the intention of entering hill-climb events. The suspension was modified with front magnesium center-lug uprights and rear Motorsport trailing arms. Weight was reduced with the installation of lightweight glass, a fuel cell, and fiberglass doors, trunk, and a removable racing hood. Air jacks and a roll cage were installed, and the exterior shell received an adjustable rear wing and a split front spoiler from the M3 Evo.

The Italian owner sold the BMW to an American doctor living in Europe, and he in turn sold the car to Rob Ferrero, a Golden Gate BMWCCA member and driving school instructor. Ferraro had the M3 imported to the United States and it was sold to Gil Cervantes, and he entered the car in club racing events for several years. The next owner was Henry Schmitt who commissioned Terry Tinney to rebuild the 2.5-liter racing engine while entrusting vintage technician Donald Duncan to convert the lubrication system to a dry sump.


By Daniel Vaughan | Jan 2020


2019 RM Sothebys : Monterey

Pre-Auction Estimates :
USD $140,000-USD $180,000 
Sale Price :
USD $78,400

1989 BMW E30 M3 Auction Sales

Recent Sales

(Data based on Model Year 1989 sales)
1989 BMW M3 DTM Tribute
Chassis#: BOS
Sold for USD$78,400
  2019 RM Sothebys : Monterey
1989 BMW E30 M3 image  1989 BMW E30 M3 image  
1989 BMW E30 M3 Johnny Cecotto Ltd Edition
Chassis#: WBSAK05090AE40554
Sold for USD$110,927
  2018 Silverstone Auctions : NEC Classic Motor Show
 
1989 BMW E30 C2.5 Alpina Convertible
Sold for USD$30,922
  2017 Anglia Auction
 
1989 BMW E30 M3 Roberto Ravaglia Edition
Chassis#: WBSAK05080AE40657
Sold for USD$48,870
  2017 Coys at Olympia
 
1989 BMW E30 M3
Sold for USD$30,546
  2016 CCA Classic Car Sale
 
1989 BMW E30 M3 Johnny Cecotto
Chassis#: WBSAK05070AE40794
Sold for USD$59,277
  2016 Silverstone Auctions : Race Retro Classic Car Sale
 
1989 BMW M3 COUPE
Chassis#: WBSAK0300K2198332
Sold for USD$96,250
  2015 Bonhams Quail Lodge Auction
1989 BMW E30 M3 image  1989 BMW E30 M3 image  
1989 BMW E30 M3 Convertible
Chassis#: WBSBBO1O602385028
Sold for USD$77,000
  2015 Gooding & Company - Arizona
1989 BMW E30 M3 image  
1989 BMW E30 M3 Johnny Cecotto
Chassis#: WBSAK05050AE40454
Sold for USD$65,605
  2014 Silverstone Auction - The Autumn Sale
 
1989 BMW E30 M3 Coupe
Chassis#: WBSAK0303K2198213
Sold for USD$44,000
  2013 Russo and Steele - Monterey
 

Vehicles That Failed To Sell

1989 BMW E30 M3's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1989 BMW M3 2018 Carlisle Auction : Fall Carlisle   
1989 BMW E30 M3 ROBERTO RAVAGLIA EDITIONWBSAK05080AE406572017 Coys Motorsport International $45,000$55,000
1989 BMW E30 M3WBSAK0505018944882015 Silverstone Auction Race Retro Classic Car $20,000$22,000
1989 BMW M3 Sports SaloonWBSAK05020AE400862012 Bonhams Collectors' Motorcycles, Motor Cars and Related Memorabilia & Spares $14,000$18,000

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1989 BMW E30 M3 vehicle thumbnail image  1989 BMW E30 M3 vehicle thumbnail image  
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Vehicle information, history, and specifications from concept to production.

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