Though BMW never made a proper E36 M3 Wagon, this example currently up for auction is as close as one could get! It's true.

The used market provides enthusiasts affordable access to BMW M models, delivering thrilling performance on a budget.

Affectionately dubbed the “Clown Shoe” by enthusiasts, the first-generation BMW ... E46 M3 in later models. With near-perfect weight distribution, a rigid chassis, and aggressive suspension ...

BMW went to a lot of effort to ensure ... M Compound brakes nabbed from the M3, extra chassis bracing and unique tuning that brings a bit more assertiveness to the car’s variable frequency ...

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We can’t comment on the E46 version as we haven’t driven one but we can compare it to the latest model, the E92 (Coupe) BMW ... tuning is your thing, there are many avenues to go with the E36 M3.

Wenn wir den perfekten BMW beschreiben müssten, was würde uns da einfallen? Hätte er einen bis zum Himalaya hochdrehenden Reihensechszylinder und leichtfüßiges Handling wie ein M3 CSL (E46)? Oder doch ...

For the 2001 through 2006 BMW M3 model years, third-gen E46 variants delivered the goods via a 3.2-liter inline-six making 333 hp. Of all the BMW M3 generations, only the fourth-gen E90 series ...