Honestly you can score E36 M3's for great prices now and the 95 engines were 86x85.5bore and stroke and 86.4x89.6 for 3.2 S52.
Which means they are very smooth revving machines. Now the other thing to keep in mind is all the tidbits you get on the M that is not on the stock E36's like limited slip diffs all different suspension arms , bigger stock swaybars etc...
If you are thinking non M do not bother with a 325 as they are dogs. The 328 on the other hand is an interesting compromise it's engine has the same bore and stroke as an SR! It also sports more torque than the 325 engine.
Though again 328's are later model and sell for only a thousand or two less than you can find M's for and right now you can buy M's for anywhere from $3500 and up depending on condition , title status etc..
Oh and one of the hot swaps to do if you have the money is an E46 M3 engine with ecu and harness as it's pretty much another 100 hp and puts the car on par with the E36 euro M3 which came with 321 hp stock.
Oh and any turbo kit or Supercharger setup is going to run anywhere from $2500 at the cheapest to $5k
The deal right now in the BMW world is indeed E36 M3's.
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