Torn over m3 or m5 and others

[320ise]

I bought some shares in work witch are soon to be ready to cash, I've got around a 7k budget and would like to to buy one of the following

E46 m3
E39 m5
E34 m5

Or as a wild card maybe an e30 with m50 conversion!

How do these compare?

I do the odd drift day and would like to do a few propper track days its going to be a 2nd car if it was your money what would you buy?

I'd love an e34 m5 or e30 m3 but I know I'm not going to get one for my budget.

[appletree]

What about an e36 M3? More cash left for upgrades or trackdays?

[goldysingh]

I have the e46 m3 convertible.

Buying it wouldn't be a worry, maintaining it would.

most are coming up to 10 years or older now and would need money thrown at them, clutch and flywheel replacements can cost up to £2k, same with brakes all round not to mention fuel costs, insurance...

[leeparkes]

How bout something from Alpina?

http://www.ebay.co.uk/itm/1998-R-BMW-AL ... 416d754cf9

http://www.ebay.co.uk/itm/Alpina-B10-V8 ... 19d78b3dde

http://www.ebay.co.uk/itm/BMW-ALPINA-B3 ... 460dd6ca5c

http://www.ebay.co.uk/itm/BMW-ALPINA-B3 ... 3f205ee420

Id prefer something like this compared to the run of the mill M's

[MattG40]

e39 M5 is such a beautiful looking car....


Nearly got an 530I before opting for a g40

[kangman]

E39 M5, m3s bigger brother and it makes all the right noises

[Rosc0PColtrane]

M5 every time.

[HairyScreech]

The question is, how much track work do you want to do in it?