This car E21 is interesting more for what we’re not seeing rather than what we are. What’s missing are side marker lights, enormous DOT-spec bumpers and the single exhaust that came stock on the North America cars. This is a Euro-spec grey market 323i, the 320i’s evil and better-looking twin. It has a 2.3 liter fuel injected inline 6 mated to the factory dual exhaust. Beyond that, the tourmaline green paint and Alpina-style alloys check all the right boxes.