1998 BMW M3 Market Value & Price History
The 1998 BMW M3 has a current market value of $29,405 as of Oct 13, 2026, based on 152 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2013 between $15,357 and $25,500. Based on US sales through Oct 12, 2026. 14 have sold in the past 12 months, and 13 are listed for sale from $20,530 to $64,000. The median sale price is up 50.2% over the past 12 months versus the prior year.
Data: DriveIndex. 152 verified auction sales for the 1998 BMW M3, latest sale Oct 12, 2026. Value as of Oct 13, 2026. Methodology
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1998 BMW M3 Specifications
✓ Independently verified. We never estimate specs.
The 1998 BMW M3 left the factory with 240 hp. It carried an original MSRP of $38,800.
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Last checked Oct 12, 2026, unless a listing shows its own date
1998 BMW M3 Price History
The median 1998 BMW M3 sold for $28,250 in 2026, against $12,500 in 2016. Each row is the median of the verified sales recorded in that calendar year, so it moves with the mix of mileages and options that came to market as well as with the market itself.
| Year | Median sale | Sales |
|---|---|---|
| 2026 | $28,250 | 10 |
| 2025 | $18,425 | 14 |
| 2024 | $22,000 | 17 |
| 2023 | $22,375 | 22 |
| 2022 | $22,750 | 23 |
| 2021 | $20,750 | 27 |
| 2020 | $16,100 | 9 |
| 2019 | $15,423 | 12 |
| 2018 | $17,950 | 11 |
| 2017 | $11,000 | 3 |
| 2016 | $12,500 | 3 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 1998 BMW M3 Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Oct 12, 2026 | $30,600 | 196,000 mi | Manual |
| Sep 17, 2026 | $18,050 | 116,100 mi | Manual |
| Aug 27, 2026 | $26,500 | 172,200 mi | Manual |
| Jul 13, 2026 | $35,000 | 62,700 mi | Manual |
| May 27, 2026 | $11,000 | 112,200 mi | Manual |
| Apr 24, 2026 | $25,000 | 86,000 mi | Manual |
| Apr 19, 2026 | $50,500 | 44,000 mi | Manual |
| Apr 14, 2026 | $29,999 | 75,800 mi | Manual |
| Mar 7, 2026 | $20,049 | 79,000 mi | Automatic |
| Feb 6, 2026 | $31,500 | 54,000 mi | Manual |
| Dec 2, 2025 | $51,540 | 31,000 mi | Manual |
| Nov 24, 2025 | $23,000 | 127,700 mi | Manual |
| Nov 18, 2025 | $38,750 | 49,000 mi | Manual |
| Nov 15, 2025 | $16,250 | 121,000 mi | Automatic |
| Aug 10, 2025 | $13,100 | 168,000 mi | Manual |
Verified results from the world's leading collector-car auction houses and marketplaces.
All BMW M3 auction results →See the full picture on the 1998 BMW M3
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BMW M3 by Year
Which M3 year should you buy? Every year compared →1998 BMW M3: Frequently Asked Questions
How much is a 1998 BMW M3 worth?
A 1998 BMW M3 is worth approximately $29,405 as of Oct 13, 2026, based on 152 verified auction sales tracked by DriveIndex. Based on US sales through Oct 12, 2026. Half of all verified sales fall between $15,357 and $25,500; the full verified range is $10,000 to $60,000. Condition, mileage and options move an individual car within that band.
What are the factory specs of the 1998 BMW M3?
The 1998 BMW M3 left the factory with 240 hp. It carried an original MSRP of $38,800. These figures are independently verified. DriveIndex never estimates specs.
How much did a 1998 BMW M3 cost new?
The 1998 BMW M3 carried an original MSRP of $38,800. Verified examples now trade around $29,405.
How much has the 1998 BMW M3 depreciated?
The 1998 BMW M3 is worth about 24% less than it cost new: it carried an original MSRP of $38,800, and verified examples now trade around $29,405. That compares today's value with the sticker price, not adjusted for inflation.
How many 1998 BMW M3 sell per year?
14 have sold at auction in the past 12 months. DriveIndex has tracked 152 1998 BMW M3 sales in total.
Are 1998 BMW M3 sale prices higher or lower than a year ago?
The median 1998 BMW M3 sale price is up 50.2% over the past 12 months versus the prior year, based on verified auction sales. That figure tracks the median of what actually sold, so it moves with the mix of mileages and options that came to market as well as with the market itself. The full Value Signal classification (appreciating, stable, bottomed, or depreciating) and its 1–5 year projection are part of DriveIndex Pro.
Where can I buy a 1998 BMW M3?
DriveIndex lists 13 1998 BMW M3 for sale, priced from $20,530 to $64,000 (last checked Oct 12, 2026). DriveIndex aggregates for-sale listings and auction results from the world's leading collector-car auction houses and marketplaces.
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