1998 BMW M3 Review | Edmunds.com

1998 BMW M3

BMW M3 Features and Specs

Features & Specs

  • Engine 3.2 L Inline 6-cylinder
  • Drivetrain Front Wheel Drive
  • Transmission 5-speed Manual
  • Horse Power 240 hp @ 6000 rpm
  • Fuel Economy 18/26 mpg
  • Bluetooth No
  • Navigation No
  • Heated Seats No

Review of the 1998 BMW M3

  • Info is not yet available.

  • Safety
  • Pros

    The 1998 BMW M3 is one of our all-time favorite cars. Carves turns faster than your dad carves Thanksgiving turkey.

  • Cons

    Price is a bit steep. Interior is a bit cramped.

  • What's New for 1998

    BMW further expands the M3 lineup by adding a four-seat convertible version for enthusiasts who crave open-air motoring. Like the M3…

What Others Are Saying

Customer Reviews

  Average Consumer Rating (38 total reviews)

4 of 4 people found this review helpful

Great handling, lots of fun

by on
Vehicle: 1998 BMW M3 4dr Sedan

I have owned this car for almost 2 years now, and it just feels great to drive. Check the "Melted Rubber" web site for a thorough review. With 230 HP, it is not going to win too many drag races; and I only get 25 mpg with 95% freeway driving. I could probably squeeze a couple more out of it, but it is practically impossible not to be a leadfoot. One thing to watch out for if you get one is the routine maintenance. It is typical for people to neglect this until 130,000+ miles, at which point the car will likely need shocks, bushings, etc all around and a clutch. BMW st^H^H dealers have turned overcharging into an art form - finding a good independent mechanic will save you a fortune.

1 of 1 people found this review helpful

Best overall sports car ever

by on
Vehicle: 1998 BMW M3 4dr Sedan

I have had my 4 door M3 since 2003. I bought it from a private dealership with only 17K miles on it. I added the Dinan software one day at the dealership on a whim and wow 155 mph and I had to stop. It might have done 160, but who knows, I could also have gone to jail because of that. Used it as a daily drive until 2007. Now it is strictly for weekends and appointments. I have a truck for daily use now. Now have 107K miles. Normal maintenance and no major problems thus far. I could keep this car forever. My 9 year old son loves it and wants me to keep it for him when he gets 16. Yeah right!

1 of 1 people found this review helpful

Da bomb

by on
Vehicle: 1998 BMW M3 2dr Convertible

Owned this car for almost 10 years, love it almost as much as my family. It stays parked most of the winter, but now that spring has sprung, pop the top and hit the twisties. It handles like a slot car, nothing tracks better. Not the most powerful, but the horsepower race is overrated. Mine is a 5 speed, a 6th cog would be nice, but NEVER would I consider a self-shifter. Car is all smiles :-) Even 12 years old I still find people gathering around it in parking lots.

Gas Mileage


  • 18
  • cty
  • 26
  • highway
Calculate Yearly Fuel Costs

Full 1998 BMW M3 Review

What's New for 1998

BMW further expands the M3 lineup by adding a four-seat convertible version for enthusiasts who crave open-air motoring. Like the M3 sedan, the convertible is available with either a manual or automatic transmission. Napa leather upholstery and a rollover protection system are standard. All M3s get standard side airbags this year.

Talk About The 1998 M3

1998 BMW M3 Discussions See all Started By

the garage, I noticed the 3. In fact, it was a M3 1998 model. She was only interested in keeping her S500 Benz and ML430 Benz. She said she didn't like the BMW. It was too small for her taste, ugly, ...

Could the Ultimate ELLPS be a used car? Not just any used car, but a '97-'98 BMW E36 M3 4 door. I saw 2 great examples listed for sale in ROUNDEL (BMWCCA's monthly magazine)....

I got the sport, premium Pkg, better wheels, xenon, premium stereo, heated seats etc with a $46 sticker. I am probably not the typical X3 targeted buyer since I own a 2002M3 convertible and a 2003 M3 ...