BMW M3
AI Analyzed

BMW M3

E46 Convertible

2000-2006 convertible
Overall Average Market Price
$21,066
Range: $8,980 - $47,990

Average Price by Year

Compare prices within the same model year

2001
$21,397
99,148 mi avg
6 listings
2002
$13,899
96,753 mi avg
9 listings
2003
$17,419
93,250 mi avg
11 listings
2004
$22,037
85,723 mi avg
21 listings
2005
$24,654
86,417 mi avg
12 listings
2006
$23,026
77,568 mi avg
20 listings
79
Active Listings
87,088
Overall Avg Mileage
136
Days on Market

Market Insights

Best Value Year

2001

Price Trend

The market for these M3 convertibles appears stable, with a broad price range indicating variability in condition, mileage, and seller expectations. The relatively high average days on market suggests that patience can be a buyer's advantage, potentially leading to further price adjustments.

Inventory Level

Moderate

Buyer Advice

The BMW M3 market within the 2000-2006 convertible range presents a wide spectrum of options, with an average price around $21,000 and mileage nearing 87,000 miles. Given the average listing duration of over 130 days, buyers likely have significant room for negotiation. It's crucial to prioritize a thorough pre-purchase inspection for any vehicle of this age. The 2001 model year appears to offer particularly strong value, as evidenced by the top-ranked deal, balancing price, mileage, and market desirability.

Top 15 Recommended Deals

Best Deal
#1
Deal 1
2001 $13,995
Save ~$7,402
77,419 mi Milwaukie, OR 2001
Lot 99
Deal Score: 96%

This deal stands out with an exceptional deal score, offering substantial estimated savings and a mileage well below the market average for a 2001 model. Despite a longer days on market, its price point makes it the best value proposition.

VIN: WBSBR93411EX20938
View Listing
#2
Deal 2
2004 $18,900
Save ~$3,137
66,256 mi Crestwood, IL 2004
Champion Motorsports
Deal Score: 86%

This 2004 M3 offers a great combination of low mileage and a strong deal score, representing significant savings compared to the average market price. Its days on market suggest it's a well-priced unit that could move quickly.

VIN: WBSBR93454PK05272
View Listing
#3
Deal 3
2004 $19,999
Save ~$2,038
64,671 mi Dallas, TX 2004
European Automotive Center, LLC
Deal Score: 81%

This 2004 M3 is a strong contender due to its very low mileage and solid deal score. The estimated savings are modest but combined with the low mileage, it represents a well-maintained option.

VIN: WBSBR93454PK05627
View Listing
#4
Deal 4
2004 $20,995
Save ~$1,042
63,257 mi Portland, OR 2004
Max Auto LLC
Deal Score: 79%

This 2004 M3 boasts the lowest mileage among the top deals, making it highly desirable. While the estimated savings are smaller, the exceptional condition suggested by the mileage and its long days on market present a good negotiation opportunity.

VIN: WBSBR93444PK07739
View Listing
#5
Deal 5
2001 $14,495
Save ~$6,902
105,458 mi Mundelein, IL 2001
Northwest Motors
Deal Score: 78%

This 2001 M3 offers the second-highest estimated savings in the list, making it a fantastic value proposition despite its higher mileage. The extremely long days on market indicate a strong potential for negotiation.

VIN: WBSBR93431EX20729
View Listing
#6
Deal 6
2002 $11,999
Save ~$1,900
85,139 mi Minneapolis, MN 2002
Morries West End Lincoln
Deal Score: 76%

This 2002 M3 is the lowest-priced option among the top deals, offering a very accessible entry point into M3 ownership. Its mileage is reasonable, and the relatively short days on market suggest it's a solid deal.

VIN: WBSBR93422EX22313
View Listing
#7
Deal 7
2003 $16,250
Save ~$1,169
60,406 mi Cedar Park, TX 2003
Elder Mitsubishi
Deal Score: 74%

This 2003 M3 is highly recommended due to its remarkably low mileage, which is significantly below the market average. While estimated savings are modest, the condition implied by the mileage makes it a prime candidate.

VIN: WBSBR93443PK00515
View Listing
#8
Deal 8
2004 $15,999
Save ~$6,038
88,518 mi Apopka, FL 2004
HIGHLINE AUTO SALES
Deal Score: 74%

This 2004 M3 presents a significant opportunity for savings, offering over $6,000 in estimated value. The higher mileage is offset by the aggressive pricing and long days on market, suggesting strong negotiation potential.

VIN: WBSBR93464PK06530
View Listing
#9
Deal 9
2004 $19,977
Save ~$2,060
68,736 mi Tigard, OR 2004
BMW of Tigard
Deal Score: 71%

This 2004 M3 is a solid choice with relatively low mileage and a good deal score. Being a certified BMW dealer listing, it may offer additional peace of mind, and its presence on the market for 46 days suggests it's priced competitively.

VIN: WBSBR93494PK07767
View Listing
#10
Deal 10
2005 $16,995
Save ~$7,659
84,951 mi Greensboro, NC 2005
Just Whips Inc
Deal Score: 70%

This 2005 M3 is a standout for its incredible estimated savings, offering the best value in terms of potential discount. The mileage is reasonable, and the long days on market provide a strong basis for negotiation.

VIN: WBSBR93485PK09656
View Listing
#11
Deal 11
2005 $22,995
Save ~$1,659
76,527 mi Dayton, OH 2005
Mira Auto Sales North
Deal Score: 70%

This 2005 M3 offers a good balance of mileage and price, with modest estimated savings. Its extremely long days on market are a key factor, suggesting significant negotiation leverage for a buyer.

VIN: WBSBR93415PK08753
View Listing
#12
Deal 12
2004 $20,995
Save ~$1,042
83,829 mi Pompano Beach, FL 2004
Florida Car Collection
Deal Score: 70%

This 2004 M3 is a reasonable option with average mileage for its year and modest estimated savings. Its days on market are moderate, indicating it's priced fairly but still offers some negotiation potential.

VIN: WBSBR93484PK07548
View Listing
#13
Deal 13
2003 $13,900
Save ~$3,519
96,498 mi Lexington, KY 2003
Paradise Motorsports I
Deal Score: 69%

This 2003 M3 is a strong value play, offering significant estimated savings. While its mileage is on the higher side, the attractive price and relatively short days on market indicate it's a deal that could be secured with a reasonable offer.

VIN: WBSBR93433PK03423
View Listing
#14
Deal 14
2006 $20,675
Save ~$2,351
73,083 mi Flint, MI 2006
75 North Auto Sales
Deal Score: 67%

This 2006 M3 is one of the newer vehicles in the list, featuring lower mileage and a decent deal score. The longer days on market provide a good basis for negotiation on this well-positioned vehicle.

VIN: WBSBR93476PK10993
View Listing
#15
Deal 15
2004 $16,990
Save ~$5,047
92,403 mi Thousand Oaks, CA 2004
Malibu Automotive Group
Deal Score: 64%

This 2004 M3 provides a good balance of significant estimated savings and a reasonable price point. While its mileage is higher, the overall value proposition is strong, especially with its relatively short time on the market.

VIN: WBSBR93454PK07930
View Listing
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Last analyzed: December 1, 2025