You can find solid 'driver-quality' e30 M3's for $10K.
http://www.s14.net/forums/showthread.php?t=35215
There's something very liberating about owning 'driver-quality' performance cars. You can just hammer the ***** out of them, park them wherever you want, drive regardless of weather - it's great!!! Stone chips, dings, scratches? Who cares?
