Background
A BMW E10, or the -02 as it is better known, would now find a place in many enthusiasts’ garages – but this hasn’t always been the case because they were so expensive when they were new that the same money would put something like a Jaguar in your garage.
But, there were a few early adopters willing to ‘trade down’ to a small BMW in exchange for big-car levels of engineering, something the -02 offered in spades: Light-footed handling was the most obvious attribute, but everyday use also revealed precisely engineered interfaces between car and driver, high levels of reliability and build quality, and, in the range-topping 2-litre twin-carb 2002ti at least, the sort of performance that allowed it to keep up with the bank robbers’ favourite the stolid middle-class was driving.
Unusually, given that the runout period is normally the point at which punters are tempted by ever more powerful variants, the 1502 is actually the economy model. Launched at the very end of the -02 lifecycle in 1975, its production actually overlapped the new-generation 3 Series by two years.
Why? Because the Middle Eastern oil crisis was threatening global fuel supplies, and while the 1502 has the same engine capacity as the 1602 consumers were familiar with, its lower compression ratio allowed it to run on the sort of low-octane petrol they thought they would have to siphon out of muddy puddles should the world descend into the Mad Max scorched-earth scenario that was widely predicted.








