Expensive BMW M3

We know that classic cars often command a big price premium, but a 17-year-old model selling for around three times more than a brand new version? We're not so sure about that...

However, that's exactly what one German seller is looking for in exchange for his 1997 BMW M3. This is no ordinary 1997 M3 though, as the owner has crammed a 5.6-litre V12 under the bonnet.

Helping explain what some of that 164,500 euros (£130,255) price tag gets you, you have to look deeper into the engine. It may be a BMW E36 M3, but it's definitely not your standard daily-driver. This motor is one of only two Lippert 356CS models and has been tuned by engineers at JML.

Thanks to JML this engine now pumps out almost 500bhp, since the engineers swapped out the standard 3.2-litre engine for the 5.6-litre V12 motor normally found in the BMW 850 CSi – before getting their spanners out and adding even more power.

A brand new BMW M3 would set you back around £57,000 though, so has this seller lost the plot? This German M3 does feature 19-inch alloy wheels, ABS, a board computer, electric windows and a leather interior. Plus, according to the advert, it's only done around 32,950km (20,000 miles).

But even with all this extra power, kit and the individuality of being one of two models in existence, we're still not convinced it's worth it.

Take a look at the advert and tell us what you think.