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Since its inception, the M3 has grown in every sense: its engine, horsepower, weight and price BMW. The BMW E30 M3 had a four-cylinder engine that developed 192 HP and weighed 2866 lbs and cost just over $ 30,000 when it came out, selling 18,000 units. The new BMW E93 M3 has developed eight-cylinder 420 HP, weighs 3650 and cost more than $ 60,000. BMW, however, hopes to sell 100,000 units this year. Although it sounds like a lot, BMW insists that the number of options to help reach the goal, which is only 10% higher than last year.