This early BMW 323i has been transformed into a potent custom road car, powered by a mighty Chevrolet V8. Under the bonnet is a modified 6.0-litre ‘LS2’ V8, driving the rear wheels through a six-speed Tremec manual transmission and an R200 Torsen limited-slip differential. The engine swap was performed professionally by Brintech Customs at Castlereagh. The seller notes that the car was dynamometer-tested, which revealed outputs of 293kW and 493Nm of torque at the rear wheels. The weight of the vehicle is reported as just 1250kg. The odometer shows 2,818 km, but this is understood to be the mileage covered since the car was rebuilt. Build year: 1983 This 323i has been re-badged as an ‘M360i’ as a nod to the swapped V8 capacity, and is now finished in Alpine White with M-coloured stripes, with decals and stickers from Bromspec, the Nürburgring, HEL, Bavarian Speed Shop, the New South Wales BMW Drivers Club, and even Collecting Cars. It rides on dark grey 17-inch Simmons Y-spoke split-trim alloy wheels, wrapped in Yokohama Advan Neova tyres. Exterior features include a vented bonnet, a rear wing on the boot lid, and dual exhausts. The cabin is equipped with a three-spoke Momo steering wheel with a removable boss, Velo bucket seats and six-point harnesses, BMW ‘M’ pedals, AutoMeter gauges, an Alpine stereo with DAB+ and Bluetooth, an AGI half roll cage, a digital Link Engine Management dashboard, and air conditioning. Engine modifications include a mild cam, a Haltech 2500 ECU, a Mishimoto radiator, heat-protected headers, and a custom stainless steel exhaust with a VAREX switchable rear muffler valve. Chassis and underbody upgrades include BC Racing coilover front suspension and rear shock absorbers, a K-Mac Align adjustable front camber/caster kit, a ‘purple tag’ quick-ratio steering rack, a strengthened rear subframe, upgraded rear axles and constant velocity joints, and a set of slotted brake rotors with Wilwood six-piston front callipers, four-piston rear callipers, an E90 brake booster, stainless steel braided lines and an adjustable brake bias valve. A spare set of 17-inch BBS Motorsport wheels will be included in the sale, with Michelin Pilot Sport 4 tyres. Please refer to the photo gallery to assess the exterior and interior condition. Specific notes from the seller include: a dent in the roof was fixed in March 2024 by Mccreath Prestige Paint and Panel; some rust has been cut out of the offside door; a closed-door respray was completed in around 2017; there are two small dents in the nearside front guard; there is some surface irregularity on the offside sill; I believe there is a battery drain issue; the vehicle would benefit from a larger diameter brake master cylinder. The seller notes that the vehicle has a Vehicle Safety Certificate of Compliance, and that the most recent technical inspection was completed in August 2024. In March 2025 at 2,747 km, Bromspec re-gassed the air conditioning, checked an oil leak from the differential seal, and checked the rear suspension after reports of a knock on the nearside rear, which was caused by a loose subframe bolt. This early BMW 323i has been transformed into a potent custom road and track car, powered by a mighty Chevrolet ‘LS1’ V8. Reportedly weighing just 1250kg and now producing 293kW and 493Nm of torque at the rear wheels, it would make a thrilling circuit machine, and a fun entrant into a raft of road rally or hill climb events. The description of this consignment is, to the best of the seller’s knowledge, accurate and not misleading. Collecting Cars requests a range of detail about the lot from the seller and performs a level of due diligence. However, potential buyers must independently satisfy themselves as to the accuracy of the description. Potential buyers should view or arrange inspections as well as conduct any research they feel is necessary before committing to bid or buy. Please note that it is not uncommon for classic or collectible vehicles to have received cosmetic repairs in the past, either to rectify damage or refresh appearance, and this work may be undetectable even upon visual inspection. Unless there is an explicit statement by the seller to the contrary, please assume that any vehicle could have had bodywork or paintwork during its life. Furthermore, photographs may not reflect the true colour or full condition of the vehicle. It is a bidder’s responsibility to satisfy themselves of the colour and condition of a vehicle, including its interior and the existence of any remedial bodywork or paintwork, before committing to bid or buy. This includes by raising enquiries with the seller in the comments section. For vehicles, unless otherwise stated, potential buyers should also assume that any cherished registration may be retained by the seller. Please see our Terms and Conditions for full details. This vehicle’s VIN has been checked against the Australian Personal Property Securities Register, and there is no security interest or other registration kind logged against the serial number.