A rare opportunity to own an 'Italian M3', a stunning example of BMW's Portuguese & Italian only e30, fitted from factory with the famous S14 M3 engine. Stroked to under 1990cc to skirt around the then 38% luxury goods tax laws in the 80's, and available in either a 2 door with M Tec 2 kit, or a 4 door saloon in standard 316i trim the 320is was the perfect under the radar M3. 192 bhp & 210 nm, but torque available across a wide rev range. The M3 5 speed dog leg gearbox was also used in this limited run of cars. Overseen by Jost Capito (former Williams F1 ceo), he was known to have stated that the 2ltr S14 had to be restricted to 7800rpm so that it did not outperform the M3 itself. This particular example was imported in to the UK from Italy in the early 00's and has covered some 50,000 km's since then, and had 5 keepers since arriving here. A comprehensive history file shows significant spend to keep it looking #7 running correctly, most recently it has undergone a major service, dash cluster work, new suspension springs, all seat shocks replaced at specialists such as Munich legends in Sussex & Munich Motors in Wokingham. The car really needs to be seen to be appreciated, it presents beautifully throughout & defies its mileage. One owner in particular owned the car for some 15 + years and as is often the way with enthusiasts, maintained the car incredibly. This is a well known 320is in the e30 scene. A new MOT has just been carried out, and a full matching set of tyres are in perfect condition. Both keys, a vast history file and a full v5 accompany the car, there is no finance, it is HPI clear and ready for its next enthusiast owner.