2001 BMW M3 Touring 'S54 Swap'

Badged as a 325i, this E46 touring has a high-revving 3.2L surprise under the hood – a dream come true for wagon lovers among us. The car that BMW tested but never mass-produced, this build brings the versatility of a small wagon and combines it with the masterpiece that is the S54 engine. Handling is improved with adjustable Moton coilovers. While most conversions we have seen include bodywork that allude to the motor hiding under the hood, we can’t help but admire how this example keeps it a secret.