BMW M3
AI Analyzed

BMW M3

E46 Convertible

2000-2006 convertible
Overall Average Market Price
$22,609
Range: $11,459 - $47,675

Average Price by Year

Compare prices within the same model year

2001
$25,131
83,618 mi avg
12 listings
2002
$23,056
85,903 mi avg
6 listings
2003
$18,638
94,685 mi avg
11 listings
2004
$20,568
95,479 mi avg
12 listings
2005
$24,814
81,112 mi avg
13 listings
2006
$23,079
79,318 mi avg
14 listings
68
Active Listings
86,338
Overall Avg Mileage
145
Days on Market

Market Insights

Best Value Year

2004

Price Trend

The market for these BMW M3 convertibles appears stable, with a broad price range reflecting variations in mileage, condition, and service history. While the average price sits around $22,600, significant savings can be found on listings that have been on the market longer or have higher mileage, indicating opportunities for savvy buyers.

Inventory Level

Moderate

Buyer Advice

When considering a BMW M3 from this era, prioritize vehicles with comprehensive maintenance records. Given their age, potential buyers should budget for ongoing maintenance and be prepared for the possibility of repairs. A thorough pre-purchase inspection by a BMW specialist is highly recommended. The market shows a wide variance in pricing, heavily influenced by mileage, condition, and service history, so patience and due diligence are key to finding a well-maintained example at a fair price.

Top 15 Recommended Deals

Best Deal
#1
Deal 1
2004 $14,641
Save ~$5,927
92,114 mi Snellville, GA 2004
Starz Automotive Group
Deal Score: 95%

This deal stands out with the highest deal score and significant estimated savings, making it the top recommendation. The 2004 model year is well-represented, and the price point is very attractive relative to the average market value.

VIN: WBSBR93494PK06313
View Listing
#2
Deal 2
2004 $15,699
Save ~$4,869
91,539 mi Chantilly, VA 2004
Euro Auto Sport
Deal Score: 84%

This listing offers a strong deal score and good estimated savings. The mileage is comparable to the top deal, and it has spent less time on the market, suggesting good market appeal.

VIN: WBSBR93484PK06139
View Listing
#3
Deal 3
2001 $13,495
Save ~$11,636
77,419 mi Milwaukie, OR 2001
Lot 99
Deal Score: 81%

This deal is highly recommended due to its outstanding estimated savings and relatively lower mileage compared to other top deals. The longer days on market suggest potential flexibility from the seller.

VIN: WBSBR93411EX20938
View Listing
#4
Deal 4
2004 $19,900
Save ~$668
66,256 mi Crestwood, IL 2004
Champion Motorsports
Deal Score: 79%

This deal is notable for its exceptionally low mileage, which is a significant factor for a car of this age. Despite lower estimated savings, the low odometer reading makes it a strong contender for buyers prioritizing condition.

VIN: WBSBR93454PK05272
View Listing
#5
Deal 5
2004 $20,149
Save ~$419
64,705 mi Dallas, TX 2004
European Automotive Center, LLC
Deal Score: 78%

Similar to the previous listing, this M3 offers very low mileage, making it an attractive option for those seeking a well-preserved example. The extended time on market could indicate room for negotiation.

VIN: WBSBR93454PK05627
View Listing
#6
Deal 6
2003 $17,720
Save ~$918
64,694 mi Addison, TX 2003
Car Place Dallas
Deal Score: 76%

This deal is noteworthy for its low mileage, which is a significant advantage for a car of this vintage. The price is competitive, and the days on market suggest it's a solid opportunity.

VIN: WBSBR93413PK02710
View Listing
#7
Deal 7
2005 $22,216
Save ~$2,598
51,011 mi Houston, TX 2005
USA Direct Auto
Deal Score: 73%

This is an excellent deal primarily due to its remarkably low mileage, making it one of the best-preserved examples available. The estimated savings are also decent, and the price is competitive for such a low-mileage vehicle.

VIN: WBSBR93475PK09583
View Listing
#8
Deal 8
2006 $20,975
Save ~$2,104
73,083 mi Flint, MI 2006
75 North Auto Sales
Deal Score: 71%

This deal is attractive due to its lower mileage for a later model year (2006). The extended time on market suggests potential for negotiation, and the estimated savings are reasonable.

VIN: WBSBR93476PK10993
View Listing
#9
Deal 9
2005 $22,995
Save ~$1,819
76,527 mi Dayton, OH 2005
Mira Auto Sales North
Deal Score: 71%

This listing is notable for its very long days on market, which often indicates significant negotiation potential. The mileage is also reasonable for its year.

VIN: WBSBR93415PK08753
View Listing
#10
Deal 10
2006 $21,194
Save ~$1,885
83,945 mi Atlantic Highlands, NJ 2006
Massari Motors
Deal Score: 67%

This 2006 M3 offers a good balance of year, mileage, and estimated savings. The days on market are moderate, suggesting it's a solid, fairly priced option.

VIN: WBSBR93476PK10508
View Listing
#11
Deal 11
2002 $12,995
Save ~$10,061
103,328 mi Scottsdale, AZ 2002
Certified Luxury Auto
Deal Score: 60%

This deal is attractive due to its significant estimated savings and a very competitive price point, especially for a convertible M3. The higher mileage is offset by the substantial discount.

VIN: WBSBR93442EX24872
View Listing
#12
Deal 12
2006 $21,975
Save ~$1,104
74,965 mi Nashville, TN 2006
Highway 12 Motorsports
Deal Score: 57%

This 2006 M3 offers a good combination of year and mileage. While estimated savings are modest, its recent listing and solid metrics make it a fair market value opportunity.

VIN: WBSBR93466PK11519
View Listing
#13
Deal 13
2003 $16,995
Save ~$1,643
107,004 mi Meriden, CT 2003
House of Cars CT LLC
Deal Score: 51%

This deal is priced attractively, especially considering the estimated savings. The higher mileage is a factor, but the price point makes it a potential value buy for someone prioritizing affordability.

VIN: WBSBR93403PK02035
View Listing
#14
Deal 14
2004 $19,995
Save ~$573
122,010 mi Germantown, MD 2004
Direct Auto Access
Deal Score: 51%

This listing has a very competitive price for a 2004 M3, though it comes with higher mileage. The extended time on market could be an indicator of potential negotiation flexibility.

VIN: WBSBR93474PK05189
View Listing
#15
Deal 15
2005 $21,724
Save ~$3,090
86,905 mi Richardson, TX 2005
Auto Source of Texas
Deal Score: 51%

This deal offers a solid combination of year, mileage, and estimated savings. The relatively short time on market suggests it's a well-priced vehicle that may attract quick interest.

VIN: WBSBR93475PK08983
View Listing
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Last analyzed: May 1, 2026