Launched as part of BMW's E36 generation, the 1998 BMW M3 is a pure and unabridged ode to performance. Characterized by a rear-wheel-drive platform, this year's M3 is powered by a 3.2-liter inline-six engine that churns out 240 horsepower. The transmission options include a five-speed manual and an optional five-speed automatic. Signature features of the '98 M3 include traction control, dual front and side airbags, anti-lock brakes, and an anti-skid system. In the cabin, key luxuries such as leather upholstery, power sunroof, automatic climate control, and a premium sound system with a multi-disc CD changer add to the charm of this performance luxury sedan. Despite being more than two decades old, the '98 M3 remains a prodigious symbol of BMW's famed handling and athleticism.