How ironic. Me and a friend bought a 318is eight years ago for 1300$, as cheapest possible track car. It has been doing mostly track time for years, so we contemplated either selling it or "building it up". Now it turns out that good old "tin can" is actually worth something?
Luckily we decided to do some mild tuning (136hp gets kinda old after couple of years) , so it is getting fitted with cage, coilovers and bored/stroked/ITB:ed M42 engine...