2002 BMW Z3M Coupé (S54)

The Z3 was the first modern mass-market roadster produced by BMW, as well as the first new BMW model to be assembled in the United States. It was introduced as a 1996 model-year vehicle, shortly after being featured in the James Bond movie Goldeneye. While the film was number one at the box office, sales of the car peaked and over 15,000 orders had been placed by the time the car was launched. The Z3 was designed by Joji Nagashima of the BMW design team, and was developed from the 3-series E36 platform, and consequently is often referred to as the E36/7 (Roadster) or E36/8 (Coupé). When launched, only the 1.9-litre, straight-four engine was offered, but its 138bhp proved a bit short of breath. A 2.2-litre engine producing 168bhp was made available for the more enthusiastic driver whilst in 1997 a powerful six-cylinder 2.8-litre unit producing 190bhp was an option, and ultimately, in 1998, the 3.2-litre Z3M topped the range. In October 2001, the 'M' Coupé reappeared with the new 3.2-litre 'S54' B32 engine from the E46 M3, producing 321bhp at 7,400rpm and 258lb/ft, and it transformed the Z3M. On paper, the difference is a mere 4bhp, but in the real world it feels like at least 40bhp! The free-revving characteristics remained, but with the power instantly available throughout the range; smoother, torquier, more responsive – in other words, the drivers' choice and the model the enthusiasts hanker for.

Only 165 right-hand drive Z3M Coupés were made worldwide, with just 123 for the UK-market, plus, this car is one of only 15 S54 examples finished in the rare colour of Stahlgrau Metallic (Steel Grey), which makes this a particularly desirable car.

The car presented here is a 2002 Z3M Coupé (S54) and is one of those 14 S54 examples produced in arguably the best (and rarest) BMW hue of Steel Grey, and doesn’t it suit the car? Wow. Complemented by a single-tone black interior (no two-tone seats here) this is 'uber-cool BMW-ness'. Supplied new by Jacksons BMW, Guernsey C.I in February 2002, the all-important M Power running-in service and subsequent 12 services were all carried out by the supplying main dealer. It was latterly serviced by renowned specialists Hexagon (including Inspection II service), and treated to new brake calipers, discs and pads, plus a wheel alignment. Supplied with its original and complete book-pack (including stamped-up service schedule), its original bill of sale, plus invoices for maintenance/upkeep, this is the complete 'Z3M package'.

In exceptionally good condition, our vendor selected this car as part of his Collection for its quality, specification and rarity. With a full and comprehensive service history, supporting its meagre 45,000 miles, this is a superb modern-classic, and tipped to be a future star. Indeed, Bonhams, at their recent Zoute Sale, achieved €149,500 for another S54 in Steel Grey, a quite amazing result, but it shows how highly-regarded these cars are - a never-to-be-repeated, powerful, naturally aspirated engined, almost bespoke type of production car from a major manufacturer – certainly a high-tidemark model. Offered for sale at 'No Reserve', this is a special opportunity.