BMW M3
AI Analyzed

BMW M3

E46 Convertible

2000-2006 convertible
Overall Average Market Price
$25,777
Range: $13,890 - $69,995

Average Price by Year

Compare prices within the same model year

2001
$22,824
95,182 mi avg
7 listings
2002
$25,442
89,289 mi avg
11 listings
2003
$26,848
80,422 mi avg
12 listings
2004
$23,776
92,918 mi avg
13 listings
2005
$28,219
80,203 mi avg
10 listings
2006
$27,087
77,987 mi avg
10 listings
63
Active Listings
85,767
Overall Avg Mileage
103
Days on Market

Market Insights

Best Value Year

2004

Price Trend

The market for these BMW M3 convertibles shows a wide price dispersion, indicating that condition, mileage, and specific options play a crucial role in valuation. While the average price hovers around $25,776, listings range from under $14,000 to nearly $70,000. This suggests a bifurcated market where lower-priced examples likely have higher mileage or require cosmetic/mechanical attention, while the higher end represents collector-grade or exceptionally well-preserved vehicles. Deals with significant estimated savings often correlate with higher mileage or longer days on market, offering potential negotiation opportunities.

Inventory Level

Low

Buyer Advice

The BMW M3 convertible market from 2000-2006 presents a compelling opportunity for enthusiasts seeking performance and style. With a limited number of listings, inventory is tight, suggesting that well-maintained examples are highly sought after. Buyers should prioritize condition and maintenance history, as these factors significantly influence value. While prices can vary widely, focusing on vehicles with lower mileage relative to their age and those that have been on the market longer may offer more negotiation leverage. Be prepared for a competitive environment, especially for lower-mileage, pristine examples.

Top 15 Recommended Deals

Best Deal
#1
Deal 1
2004 $18,628
Save ~$5,148
66,256 mi Crestwood, IL 2004
Champion Motorsports
Deal Score: 85%

This deal stands out with the highest deal score, offering substantial estimated savings and relatively low mileage for its year. While it has been on the market for an extended period (386 days), its attractive price point and strong score make it a prime candidate for a great purchase.

VIN: WBSBR93454PK05272
View Listing
#2
Deal 2
2006 $25,652
Save ~$1,435
63,264 mi Addison, IL 2006
Auto Gallery Chicago
Deal Score: 84%

This is a strong contender with very low mileage for a 2006 model, contributing to its high deal score. Although the estimated savings are not the largest, the combination of low mileage and a good score makes it a desirable option, especially with its 253 days on market.

VIN: WBSBR93416PK10410
View Listing
#3
Deal 3
2006 $22,900
Save ~$4,187
66,000 mi Mesa, AZ 2006
Collection Motors
Deal Score: 83%

This 2006 M3 offers a great balance of price, mileage (66,000), and a solid deal score. Its relatively short time on the market (69 days) suggests it's priced competitively, but there's still potential for negotiation.

VIN: WBSBR93496PK12373
View Listing
#4
Deal 4
2006 $19,675
Save ~$7,412
73,083 mi Flint, MI 2006
75 North Auto Sales
Deal Score: 80%

This deal offers the second-highest estimated savings and a good deal score, making it a standout value. While the mileage is slightly higher than some others, its long tenure on the market (478 days) indicates potential flexibility from the seller.

VIN: WBSBR93476PK10993
View Listing
#5
Deal 5
2002 $21,013
Save ~$4,429
76,358 mi North Highlands, CA 2002
All Cars & Trucks
Deal Score: 79%

This 2002 M3 presents a solid deal with good estimated savings and a respectable deal score. Its mileage is within a reasonable range for its age, and being on the market for 80 days suggests it's a well-priced unit with potential for negotiation.

VIN: WBSBR934X2EX22446
View Listing
#6
Deal 6
2004 $17,565
Save ~$6,211
84,205 mi Tracy, CA 2004
Noahs Affordable Motors
Deal Score: 72%

This 2004 M3 offers significant estimated savings and a good deal score, making it an attractive option. Although it has higher mileage (84,205), its relatively short time on the market (62 days) and aggressive pricing suggest it's a deal worth pursuing.

VIN: WBSBR93454PK05854
View Listing
#7
Deal 7
2003 $24,870
Save ~$1,978
66,720 mi Sacramento, CA 2003
Olympic Motors
Deal Score: 70%

This 2003 M3 stands out due to its exceptionally low mileage (66,720) for its age, contributing to its good deal score. While the estimated savings are not the highest, the low mileage makes it a premium option, and its 106 days on market might offer some negotiation room.

VIN: WBSBR93483PK03305
View Listing
#8
Deal 8
2004 $19,697
Save ~$4,079
93,035 mi Indian Trail, NC 2004
All City Auto
Deal Score: 70%

This 2004 M3 offers a good balance of estimated savings and a solid deal score. The mileage is on the higher side (93,035), but its 103 days on market indicates it might be priced to move, offering a good negotiation opportunity.

VIN: WBSBR93434PK06937
View Listing
#9
Deal 9
2005 $24,985
Save ~$3,234
50,264 mi Parsippany-Troy Hills, NJ 2005
Paul Miller Porsche
Deal Score: 68%

This 2005 M3 is a standout due to its remarkably low mileage (50,264), which significantly boosts its desirability and deal score. Although it has only been on the market for 3 days, its value proposition is strong.

VIN: WBSBR93405PK09747
View Listing
#10
Deal 10
2004 $16,999
Save ~$6,777
91,539 mi Chantilly, VA 2004
Euro Auto Sport
Deal Score: 68%

This 2004 M3 presents a compelling value with significant estimated savings and a good deal score. The mileage is higher (91,539), but its 55 days on market and aggressive pricing make it a prime candidate for negotiation.

VIN: WBSBR93484PK06139
View Listing
#11
Deal 11
2001 $20,985
Save ~$1,839
93,841 mi Clayton, NC 2001
Frontline Motors
Deal Score: 65%

This 2001 M3 offers a good deal score, and while its mileage is higher (93,841), it has been on the market for 99 days, indicating potential negotiation flexibility. It represents a more budget-friendly entry into M3 ownership.

VIN: WBSBR93451EX20019
View Listing
#12
Deal 12
2003 $26,628
Save ~$220
45,997 mi West Chicago, IL 2003
Saint Charles Motorcars
Deal Score: 64%

This 2003 M3 is a standout due to its remarkably low mileage (45,997), making it one of the best-preserved examples available. While the estimated savings are negligible, its condition and deal score are excellent.

VIN: WBSBR93463PK01214
View Listing
#13
Deal 13
2002 $13,894
Save ~$11,548
103,328 mi Scottsdale, AZ 2002
Certified Luxury Auto
Deal Score: 61%

This 2002 M3 offers the largest estimated savings and a very low entry price. The mileage is high (103,328), but its extensive time on the market (300 days) suggests significant negotiation potential for a buyer willing to overlook higher mileage.

VIN: WBSBR93442EX24872
View Listing
#14
Deal 14
2002 $21,992
Save ~$3,450
97,412 mi Lannon, WI 2002
Luxury Auto Sales
Deal Score: 57%

This 2002 M3 provides a decent deal score and good estimated savings. The mileage is on the higher side (97,412), but its 143 days on market suggests it might be a good candidate for negotiation.

VIN: WBSBR93412EX22318
View Listing
#15
Deal 15
2003 $21,245
Save ~$5,603
101,505 mi Plano, TX 2003
Autos of Plano
Deal Score: 54%

This 2003 M3 offers good estimated savings and a reasonable deal score. The mileage is high (101,505), but its 74 days on market and attractive price point make it a potential negotiation target for buyers prioritizing value over lower mileage.

VIN: WBSBR93473PK04249
View Listing
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Last analyzed: August 1, 2026