Though BMW never made a proper E36 M3 Wagon, this example currently up for auction is as close as one could get! It's true.

BMW fitted all S52-powered M Coupes with a 3.23:1 final-drive ratio for the rear axle. Performance was rather brisk, with the zero to 60 mph sprint in the mid-to-low five-second range and the ...

The car is fitted with a 3.2-liter inline six-cylinder engine from the BMW M3 E36. This is where it can be a bit confusing, however. In the US, the Z3 M got the M3's S52 3.2-liter six-cylinder ...