1998 Classic Cars for Sale

57 listings Median price: $17,295 Updated daily

BMW M3 E36 final year, Porsche 996 arrives in US, Toyota Supra MKIV production winds toward close

1998 was the final full year of BMW E36 M3 production before the E46 generation arrived. The US-spec E36 M3 with its detuned S50 had been a point of frustration for enthusiasts who knew what the European car offered, but the car's balance and chassis were not affected by the power discrepancy. The E36 M3 aged well partly because BMW spent serious effort on the suspension geometry, and partly because the styling did not date itself the way some contemporaries did.

The Porsche 996 reached US showrooms for the 1999 model year but was being delivered and ordered through 1998, and the 911 lineup was in transition. If you were buying a new 993 in 1998, you were buying a car that was already discontinued in Europe. That context matters for dating cars from this period correctly. The 993 Carrera S had arrived for the US in 1997 with wider rear bodywork and 285 horsepower, and examples from this closeout period have specific collector appeal.

Toyota Supra MKIV production was continuing but at reduced volume, and the car was heading toward its 2002 discontinuation. The 1998 examples are mechanically identical to earlier twin-turbo cars, and the main differentiation for collectors is documentation, mileage, and modification history rather than model year variation. A stock 1998 with under 30,000 miles is a meaningfully different asset than a modified example regardless of year.

Notable 1998s: BMW E36 M3 Coupe (final year) Porsche 993 Carrera S Coupe Toyota Supra MKIV Twin Turbo Dodge Viper GTS Coupe Chevrolet Corvette C5 Coupe Honda NSX Coupe Ferrari 355 Berlinetta
1998 in automotive history
  • BMW ended E36 M3 production in 1998 after roughly 71,242 total units globally, with US-market cars representing a smaller detuned subset that has since gained collector interest on its own terms
  • Porsche cleared remaining 993 inventory through 1998 as the last air-cooled 911 generation, with final production cars commanding documented premiums today
  • Toyota Supra MKIV annual US sales had dropped to under 1,500 units by this period, a fraction of the car's early-1990s volume, driven by price increases and market shift toward SUVs

Market: Clean E36 M3 coupes in unmodified condition trade between $25,000 and $45,000, with low-mileage original paint examples pushing toward the top. The market rewards cars that have not been tracked or modified heavily, which eliminates a meaningful percentage of examples.

Buyer's note: On the E36 M3, inspect the subframe mounting points for cracks, a known structural weakness that appears on cars that have been driven hard, and verify the cooling system has been updated with a robust aftermarket overflow tank.