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.

See all generations of the BMW M3: discover information about every model year and check out what was changed.

We described the E46 as having the ‘most adjustable chassis since the E30 M3,’ in evo 039 back in January ... century from the already handsome E36. And today, its softer but still imposing ...