This 1989 BMW M3 E30 was originally sold new in New Jersey and then spent time in Massachusetts and Washington before being moved to New Mexico following the seller’s acquisition in early 2015. The S54 powertrain installation is reported to have been started by Azevedo Motorsports in New Jersey sometime between 2009 and 2010, but was never finished. A refurbishment was subsequently commissioned by the seller that reportedly totaled 1,200 man hours and $68,500 in total investment. The S54 engine was rebuilt and is mated to a 6-speed manual transmission, and the suspension and interior were also extensively refreshed using BMW parts as detailed below. The doors were aligned in August 2017, and the suspension was aligned at a dealer in January 2018. An oil change was performed four weeks ago, and the odometer now shows 132k miles. This E30 M3 is now being offered for sale with receipts and photos from the refurbishment, as well as a clean Carfax and a clean New Mexico title in the seller’s name.

A pearl white repaint was applied over the original Alpine White in 2009. An EVO front air dam, bumper, and rear wing were added, as were Startec taillights, MHW smoked side markers, HID Smiley headlights, a carbon fiber splitter and kidney grilles, DTM mirrors, and more. Some nicks and chips are noted in the paint, along with pitting in the windshield and a few small bubbles on the sunroof. A number of matching body panel VIN tags can be seen in the gallery below.

The seller purchased this car as a roller, though the body was reportedly in good condition. In addition to the items mentioned above, the exterior has been fitted with a number of custom trim pieces, new trim tape, new badges, and a Gurney flap. New OEM M3 fog lights were also added but are not wired. The 16″ BBS RS wheels measure 8″ in width up front and 9″ out back, and they wear 225/45 Toyo Proxes R1R tires all around.

Recaro front seats have been recovered in leather and feature three-height position brackets on Recaro sliders. The center console features M-Tech stitching and a cassette holder, as well as a Husco armrest with cup holder. Red seat belts front and rear are from BMW Motorsports, and new carpets and mats have been fitted over a layer sound-deadening. The air conditioning has been deleted, and the headliner is beginning to show its age.

A ZHP shift knob has also been added along with an Alcantara shift boot, M-Tech pedals, and E36 power window switches. The gauge cluster was refurbished by Bavarian Restoration with carbon fiber back and black chrome rings, and a potentiometer has been added to the speedometer. An Awron vent display provides a digital readout of the oil temperature, oil pressure, voltage, and rear differential temperature. The odometer shows 131,800 miles, around 2,500 of which have been added by the seller.

The seller notes some rust in the trunk, which is further photographed in the gallery below.

The 3.2-liter S54 inline-six and 6-speed manual transmission come from an E46 M3 and are said to have approximately 58k miles. The VANOS variable valve timing system is said to have been overhauled using BMW-specific tools and the valves adjusted to tolerance with BMW shims. New OEM cams, gears, coated rockers, connecting rod bearings were fitted along with new gaskets, coil packs, spark plugs, and much more as shown in the attached build sheets.

A carbon fiber valve cover shield with ram air to the cool the coils has been added, as has a new thermostat, serpentine belt, heater core, radiator hoses, and chain guides/tensioner. The original chain is said to be in good condition and within spec. An E34 oil pan and pump were also installed along with a new OEM mass air flow sensor and an Eventuri carbon fiber dry air filter. The exhaust is stainless steel from the Euro non-cat headers to the dual muffler and dual 2.5″ pipes.

The E30 M3 power steering rack and S54 power steering pump were both flushed. New OEM steering linkage was added along with a new reservoir, filter, and O-rings with crush washers. The boots were also replaced.

Koni adjustable shocks and Eibach springs and sway bars with adjustable links are present at all four corners. NOS E30 M3 aluminum front control arms and Treehouse Racing control arm bushings with new Delrin bushings are fitted. The seller notes the ABS has been deleted in favor of a new BMW ATE non-ABS system with three-port brake master, ATE low-profile brake booster with check valve, and an OEM proportioning valve from a pre-1987 3-Series. The OEM M3 calipers have been rebuilt with new stainless steel pins and boots mated to new old stock M3 front and rear discs. Pads are new and from Hawk Performance.

Detailed documentation of the build and numerous receipts are included with the sale.

This M3 is sold with a clean Carfax, which shows four owners and no accidents. Spares include a set of M3 mats, the jack and accessories, and a used spare tire mounted to a BBS wheel.

The attached video shows the vehicle’s monitoring system, a start-up sequence, and a test drive.