I wondered initially about these M badges, but had done some research back in the day and some m-sports came from the factory with them, some didn't. If you actually look up the car in the various vin decoders, you will see it as a line item saying something about designation or omission. They may look slightly different depending on which decoder you're using, but for example, on one that came without the M badges, you'll see:
S3DZ Omission Of Additional Lettering, Outer
OR
3DZ Without Additional Designation Outs
If you run the vin on one that has the badging, you'll see another option/something saying it has them. I don't know what the rhyme or reason is behind which got them and which didn't or why, but some came with 'em, some didn't, from BMW. <shrugs>
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