This is either the cheapest E30 M3 for sale in the universe, or a really good scammer. I hope it is the former, and if you buy this car, I expect a ride...or at least some pics. Find this 1990 BMW M3 E30 offered for $500 in Glendale, CA. Tip from Brian.
Is it gone already? See another el-cheapo M3? Send it here: firstname.lastname@example.org
Update: This is a scam. If you contact the seller, please tell him to get a job and stop trying to scam people.