BMW M3
AI Analyzed

BMW M3

E46 Convertible

2000-2006 convertible
Overall Average Market Price
$20,753
Range: $8,800 - $47,490

Average Price by Year

Compare prices within the same model year

2001
$21,267
97,377 mi avg
10 listings
2002
$14,992
93,291 mi avg
6 listings
2003
$20,222
85,247 mi avg
11 listings
2004
$20,549
98,192 mi avg
16 listings
2005
$24,529
80,361 mi avg
15 listings
2006
$19,623
92,812 mi avg
16 listings
74
Active Listings
90,983
Overall Avg Mileage
163
Days on Market

Market Insights

Best Value Year

2001

Price Trend

The market appears stable with a wide dispersion of prices, suggesting that individual vehicle condition and history are primary price drivers rather than a strong overall upward or downward trend. Older listings and those with higher mileage may present opportunities for negotiation.

Inventory Level

Moderate

Buyer Advice

The BMW M3 convertible market shows a wide price range, indicating that condition, mileage, and specific options significantly influence value. With an average of 162 days on market, patience and negotiation are key. Consider targeting vehicles that have been listed longer, as they may offer more room for price adjustment. The 2001 model year, particularly the #1 ranked deal, presents an excellent entry point with strong value.

Top 15 Recommended Deals

Best Deal
#1
Deal 1
2001 $12,995
Save ~$8,272
77,419 mi Milwaukie, OR 2001
Lot 99
Deal Score: 96%

This deal is exceptional due to its high deal score, significantly lower price than the average, and relatively low mileage for its year, offering substantial estimated savings.

VIN: WBSBR93411EX20938
View Listing
#2
Deal 2
2004 $18,900
Save ~$1,649
66,256 mi Crestwood, IL 2004
Champion Motorsports
Deal Score: 75%

This deal is recommended for its excellent low mileage and strong deal score, representing a good value proposition for a well-maintained example.

VIN: WBSBR93454PK05272
View Listing
#3
Deal 3
2005 $14,995
Save ~$9,534
84,951 mi Greensboro, NC 2005
Just Whips Inc
Deal Score: 74%

This deal stands out for its substantial estimated savings and a price point well below the market average, making it a strong contender despite a longer time on market.

VIN: WBSBR93485PK09656
View Listing
#4
Deal 4
2004 $19,499
Save ~$1,050
64,705 mi Dallas, TX 2004
European Automotive Center, LLC
Deal Score: 73%

This deal is attractive due to its very low mileage, which is a significant factor for this model, and a competitive price point.

VIN: WBSBR93454PK05627
View Listing
#5
Deal 5
2004 $15,990
Save ~$4,559
92,403 mi Thousand Oaks, CA 2004
Malibu Automotive Group
Deal Score: 69%

This deal offers a good estimated saving and a reasonable price for a 2004 M3 convertible, making it a solid choice for buyers seeking value.

VIN: WBSBR93454PK07930
View Listing
#6
Deal 6
2005 $22,995
Save ~$1,534
76,527 mi Dayton, OH 2005
Mira Auto Sales North
Deal Score: 66%

This deal is notable for its relatively low mileage, which is a key factor for this model, and its position as a 2005 model year.

VIN: WBSBR93415PK08753
View Listing
#7
Deal 7
2001 $16,995
Save ~$4,272
105,458 mi Mundelein, IL 2001
Northwest Motors
Deal Score: 65%

This deal provides a good estimated saving and a price point that is attractive, especially considering it's a 2001 model with a longer time on market.

VIN: WBSBR93431EX20729
View Listing
#8
Deal 8
2005 $22,997
Save ~$1,532
51,977 mi Fort Walton Beach, FL 2005
Step One Kia Fort Walton Beach
Deal Score: 63%

This deal is highly recommended for its exceptionally low mileage, which is a rare find for this model year, making it a prime candidate for enthusiasts.

VIN: WBSBR93445PK09962
View Listing
#9
Deal 9
2003 $19,995
Save ~$227
64,694 mi Addison, TX 2003
Car Place Dallas
Deal Score: 63%

This deal is attractive due to its very low mileage, which is a key selling point for this generation of M3.

VIN: WBSBR93413PK02710
View Listing
#10
Deal 10
2004 $16,998
Save ~$3,551
86,639 mi Concord, NC 2004
Alta Auto Group
Deal Score: 61%

This deal presents a good estimated saving and a competitive price for a 2004 M3 convertible, making it a balanced option.

VIN: WBSBR93494PK05405
View Listing
#11
Deal 11
2002 $12,995
Save ~$1,997
103,328 mi Scottsdale, AZ 2002
Certified Luxury Auto
Deal Score: 56%

This deal is attractive due to its very low asking price, offering significant potential savings, especially for a 2002 model.

VIN: WBSBR93442EX24872
View Listing
#12
Deal 12
2003 $19,356
Save ~$866
92,413 mi Powell, OH 2003
Auto Assets
Deal Score: 55%

This deal offers a competitive price for a 2003 M3 convertible with average mileage, making it a solid choice for buyers prioritizing value.

VIN: WBSBR93423PK03378
View Listing
#13
Deal 13
2004 $16,999
Save ~$3,550
92,114 mi Snellville, GA 2004
Starz Automotive Group
Deal Score: 55%

This deal provides a good estimated saving and a competitive price for a 2004 M3 convertible, making it a balanced option.

VIN: WBSBR93494PK06313
View Listing
#14
Deal 14
2006 $13,555
Save ~$6,068
90,961 mi Muscatine, IA 2006
Ed Morse Chrysler Dodge Jeep Ram
Deal Score: 54%

This deal is attractive due to its substantial estimated savings and a price point that is significantly below the average for a 2006 M3 convertible.

VIN: WBSBR93466PK10418
View Listing
#15
Deal 15
2004 $15,999
Save ~$4,550
88,518 mi Apopka, FL 2004
HIGHLINE AUTO SALES
Deal Score: 53%

This deal offers a good estimated saving and a competitive price for a 2004 M3 convertible, making it a solid choice for buyers seeking value.

VIN: WBSBR93464PK06530
View Listing
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Last analyzed: February 1, 2026