Are you sitting down? Good, because this 1988 BMW M3 just sold on Wednesday for $250,000.
It was listed on the car auction website Bring a Trailer recently, with the final bid totaling a quarter of a million dollars.
There's no denying that it's a special car.
The M3 is the best version that a BMW 3 Series will ever be, and this one happens to be from the E30 generation — arguably the most beloved and iconic generation of the 3 Series ever made.
With attractive boxy styling and a very analog driving experience — manual transmission, lightweight body, rear-wheel drive — the E30 M3 is prized among enthusiasts and collectors.
Certainly, part of the reason why this M3 sold for so much money is that it only has 8,000 miles on its odometer. It's practically new, mechanically.
And the inside looks utterly pristine.
Still, though. Most E30 M3s typically sell in the $50,000- to $70,000-range, according to this Bring a Trailer chart.
Just for fun, let's take a look at what other cars you could have gotten for $250,000.