Considering picking up an older M car as a project car. I'm looking for something that will be reliable, fun to drive and cost effective as a weekend driver. Will possibly track it but no more then once or twice a year, so i'm looking to build something fun and streetable! I'm considering the following:

1) e30 M - mods would be evo kit and 2.5L stoker kits w/ supporting mods.
2) e36 M - Turbo kit w/ supporting mods
3) e46 M - HPF turbo - most expensive option which i'm trying to avoid but i do like the idea of having newer technology in the car.

I'm also open to other options that i haven't thought of yet. Any help you guys can provide would be much appreciated!!

 

e30 would be my choice.

 

If you're considering an E36M, you may want to look at the Z3 M with the same engine (S52).

 

E36 M3 with a built S52 motor and you can make a turbo kit to go along with it for a good 400-500whp reliably all for the price of the stage 1 HPF kit.