BMW M3
AI Analyzed

BMW M3

E46 Convertible

2000-2006 convertible
Overall Average Market Price
$21,727
Range: $9,000 - $47,490

Average Price by Year

Compare prices within the same model year

2001
$21,959
93,162 mi avg
8 listings
2002
$13,603
101,428 mi avg
6 listings
2003
$20,140
81,205 mi avg
15 listings
2004
$21,896
90,579 mi avg
20 listings
2005
$26,212
79,049 mi avg
13 listings
2006
$22,156
84,152 mi avg
21 listings
83
Active Listings
86,486
Overall Avg Mileage
132
Days on Market

Market Insights

Best Value Year

2004

Price Trend

Prices for this model range significantly, with many excellent deals available below the average market price, suggesting a buyer's market for well-maintained examples. However, the wide spread indicates that condition, mileage, and specific options heavily influence pricing. Active searching and negotiation are rewarded.

Inventory Level

Moderate

Buyer Advice

The BMW M3 convertible market from 2000-2006 presents a compelling opportunity for enthusiasts seeking performance and style. With an average price around $21,700 and a wide price range, careful selection is key. Consider prioritizing models with lower mileage and a solid maintenance history, as these vehicles can appreciate in value. Patience is advised, as the average days on market is substantial, indicating that well-priced examples may take time to sell, but also that some listings may be negotiable. Focus on cars that have been on the market longer, as they often present better negotiation potential.

Top 15 Recommended Deals

Best Deal
#1
Deal 1
2003 $14,500
Save ~$5,640
60,406 mi Cedar Park, TX 2003
Elder Mitsubishi
Deal Score: 93%

This deal stands out with an exceptional deal score and significant estimated savings. The low mileage for its year makes it a highly desirable find, representing excellent value for a performance convertible.

VIN: WBSBR93443PK00515
View Listing
#2
Deal 2
2001 $12,995
Save ~$8,964
77,419 mi Milwaukie, OR 2001
Lot 99
Deal Score: 90%

This listing offers the highest estimated savings among all deals, making it an outstanding value. The mileage is reasonable for its age, and its strong ranking indicates a significant market advantage.

VIN: WBSBR93411EX20938
View Listing
#3
Deal 3
2004 $17,288
Save ~$4,608
68,737 mi Tigard, OR 2004
BMW of Tigard
Deal Score: 82%

This deal is highly recommended due to its excellent deal score and substantial estimated savings. The mileage is notably low for a 2004 model, presenting a fantastic opportunity for a well-preserved performance car.

VIN: WBSBR93494PK07767
View Listing
#4
Deal 4
2004 $18,900
Save ~$2,996
66,256 mi Crestwood, IL 2004
Champion Motorsports
Deal Score: 82%

This deal scores highly due to its very low mileage for a 2004 model and a competitive price point, offering solid savings. Its presence on the market for a longer duration suggests potential for negotiation.

VIN: WBSBR93454PK05272
View Listing
#5
Deal 5
2004 $19,999
Save ~$1,897
64,671 mi Dallas, TX 2004
European Automotive Center, LLC
Deal Score: 79%

This 2004 M3 convertible is a great find with very low mileage and a competitive price, offering good value. Its extended time on the market indicates potential for a favorable negotiation.

VIN: WBSBR93454PK05627
View Listing
#6
Deal 6
2005 $14,995
Save ~$11,217
84,951 mi Greensboro, NC 2005
Just Whips Inc
Deal Score: 76%

This deal offers the second-highest estimated savings, making it an exceptional value. The mileage is reasonable for its year, and its long tenure on the market suggests strong negotiation potential.

VIN: WBSBR93485PK09656
View Listing
#7
Deal 7
2002 $10,995
Save ~$2,608
100,670 mi Aurora, IL 2002
Motor Cars Mitsubishi
Deal Score: 72%

This is a very attractively priced M3 convertible, offering significant savings. While mileage is higher, the price point makes it a compelling option for budget-conscious buyers, especially with its relatively short time on market.

VIN: WBSBR93402EX22701
View Listing
#8
Deal 8
2005 $22,995
Save ~$3,217
76,527 mi Dayton, OH 2005
Mira Auto Sales North
Deal Score: 71%

This 2005 M3 convertible presents a good balance of mileage and price, with notable estimated savings. Its very long days on market strongly indicate that the seller is motivated and open to significant negotiation.

VIN: WBSBR93415PK08753
View Listing
#9
Deal 9
2006 $20,375
Save ~$1,781
73,083 mi Flint, MI 2006
75 North Auto Sales
Deal Score: 69%

This 2006 M3 convertible is a strong contender with relatively low mileage and a good price, offering decent savings. Its extended time on the market suggests that the seller may be open to a more aggressive offer.

VIN: WBSBR93476PK10993
View Listing
#10
Deal 10
2003 $19,995
Save ~$145
64,694 mi Addison, TX 2003
Car Place Dallas
Deal Score: 67%

This 2003 M3 convertible boasts very low mileage, making it an attractive option. Although estimated savings are minimal, its short time on market and excellent condition suggest it's a solid purchase at its current price.

VIN: WBSBR93413PK02710
View Listing
#11
Deal 11
2004 $16,990
Save ~$4,906
92,403 mi Thousand Oaks, CA 2004
Malibu Automotive Group
Deal Score: 67%

This deal offers significant estimated savings and a competitive price for a 2004 M3 convertible. The mileage is moderate, and its time on the market indicates potential for a good negotiation.

VIN: WBSBR93454PK07930
View Listing
#12
Deal 12
2003 $17,889
Save ~$2,251
85,933 mi Indian Trail, NC 2003
Autoburn Inc
Deal Score: 65%

This 2003 M3 convertible offers a good balance of mileage and price, with decent estimated savings. Its extended time on the market is a strong indicator of negotiation potential.

VIN: WBSBR93403PK01399
View Listing
#13
Deal 13
2006 $21,995
Save ~$161
63,258 mi Aurora, IL 2006
Motor Cars Mitsubishi
Deal Score: 65%

This 2006 M3 convertible is a standout due to its exceptionally low mileage. While estimated savings are minimal, its short time on market and excellent condition suggest it's a premium vehicle priced appropriately.

VIN: WBSBR93403PK01399
View Listing
#14
Deal 14
2001 $16,995
Save ~$4,964
105,458 mi Mundelein, IL 2001
Northwest Motors
Deal Score: 64%

This deal offers significant estimated savings, making it an attractive option despite the higher mileage. Its very long days on market strongly suggest the seller is motivated and open to a substantial negotiation.

VIN: WBSBR93431EX20729
View Listing
#15
Deal 15
2003 $19,356
Save ~$784
92,413 mi Powell, OH 2003
Auto Assets
Deal Score: 62%

This 2003 M3 convertible offers a reasonable price for its mileage and year, with decent estimated savings. Its time on the market suggests that a negotiation might be possible to secure a better deal.

VIN: WBSBR93423PK03378
View Listing
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Last analyzed: January 1, 2026