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E46 M3 (2001-2006) Engine: S54 - Max Hp: 333 hp at 7,900 rpm / 262 lb/ft at 4,900 rpm
Total Produced: 45,000+ - Years Produced: 2001 to 2006.


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Old Thu, Jan-11-2018, 06:19:22 AM   #41
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Default Re: Bring A Trailer - 2K-Mile 2002 BMW M3 Coupe 6-Speed

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Originally Posted by mrgizmo04 View Post
We invest money in these cars to maintain/modify/etc, but I wouldn't consider the cars themselves as investments .

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Ya this car is more like a hobby. More like a drug. More like a
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Old Thu, Jan-11-2018, 06:07:53 PM   #42
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Default Re: Bring A Trailer - 2K-Mile 2002 BMW M3 Coupe 6-Speed

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Aren't old muscle cars like that too? I don't know the production numbers but I can't imagine they were rare and some variants sell for alot, maybe that's what the csl is for??

They didn't even get their money back on this one, still depreciated. As time goes on these will be harder to find and as I and many other people feel, there is no other car that comes close as a total package under 40k - 50k, hence some appreciation in the last couple years. My guess is most models with 60k or less will cap at 30-40k in the forseeable future. In 30, 40, 50 years years, who knows but at that time the point it doesn't really matter to our generation. Any more than 50k today and you are competing with some very cool cars that have come out in recent years that I would hesitate to take an E46 m3 over and once you get to 80k or more there is no contest with some of the Italian offerings. Anything can happen I suppose and as more people lose their minds/rational thinking abilities who knows, maybe they will pay 100k for these. Saw a vw bus for sale today for 75k, it probably sold for 1k in 1999.

I think they will definitely go up, they will age and value better than e36 M3's. I feel like someone that buys a car like this is more likely to be a collector. No doubt there are people who buy cars like this, stick them in a bubble and think they will appreciate. There are just so many cars, the group of cars that actually gain value is so small its silly to ever call a car an investment. 99.9% taking that same amount of money and investing it even a safe portfolio is going to net you better returns.
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Old Thu, Jan-11-2018, 07:10:20 PM   #43
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Default Re: Bring A Trailer - 2K-Mile 2002 BMW M3 Coupe 6-Speed

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Originally Posted by alexjames23 View Post
But do WE, as M3 enthusiasts, own these as investments, or because we love the M3 for the car it is? I can certainly say I fall in the latter category
These cars are depreciating assets and so too are the mods many enthusiasts put on them. They are far from being investments (currently).
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Old Thu, Jan-11-2018, 08:48:55 PM   #44
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Default Re: Bring A Trailer - 2K-Mile 2002 BMW M3 Coupe 6-Speed

If I was going to spend that much on a E46 m3 I would have bought one of the low mileage ZCP cars on EAG. Its still a 2002, rather get a ZCP for that coin.
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Old Fri, Jan-12-2018, 11:22:59 AM   #45
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Default Re: Bring A Trailer - 2K-Mile 2002 BMW M3 Coupe 6-Speed

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If I was going to spend that much on a E46 m3 I would have bought one of the low mileage ZCP cars on EAG. Its still a 2002, rather get a ZCP for that coin.
A post facelift (all they sell) 2000 mile e46 M3 at EAG would have been more like $100,000 than $50,000
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Old Fri, Jan-12-2018, 01:10:52 PM   #46
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Default Re: Bring A Trailer - 2K-Mile 2002 BMW M3 Coupe 6-Speed

I'm not talking about a 2k mile model, I'm saying for 50k USD I would buy a ZCP model from EAG. Something like this with 12k miles. Yes EAG is probably asking for more then 50k but the point is when you're at the 50k mark for an E46 M3 why pay for a 2002 model when you can get a later model with ZCP.

http://enthusiastauto.com/qsearch/?i...orm_display=51
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Old Fri, Jan-12-2018, 01:14:46 PM   #47
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Default Re: Bring A Trailer - 2K-Mile 2002 BMW M3 Coupe 6-Speed

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I'm not talking about a 2k mile model, I'm saying for 50k USD I would buy a ZCP model from EAG. Something like this with 12k miles. Yes EAG is probably asking for more then 50k but the point is when you're at the 50k mark for an E46 M3 why pay for a 2002 model when you can get a later model with ZCP.

http://enthusiastauto.com/qsearch/?i...orm_display=51
I agree with you-- I would not buy a pre 2003.5 car, in general.

But, that car you linked is almost certainly over 70k :P
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Old Fri, Jan-12-2018, 02:16:08 PM   #48
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Default Re: Bring A Trailer - 2K-Mile 2002 BMW M3 Coupe 6-Speed

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In 30, 40, 50 years years, who knows but at that time the point it doesn't really matter to our generation.
It'll be interesting to see how this plays out in the long term. The UK, for example, wants all gas and diesel powered cars off the road by 2050. It's debatable whether it will happen so soon, but I think the writing is on the wall.
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Old Fri, Jan-12-2018, 02:22:36 PM   #49
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Default Re: Bring A Trailer - 2K-Mile 2002 BMW M3 Coupe 6-Speed

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Originally Posted by Obioban View Post
I agree with you-- I would not buy a pre 2003.5 car, in general.

But, that car you linked is almost certainly over 70k :P
That car is ridiculously overpriced imo. ~$70k buys a sub-20k mile R8 V8, 4 year old Aston Martin Vantage S with less than 10k miles, sub 20k mile 996 GT3, etc.
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Old Fri, Jan-12-2018, 02:32:14 PM   #50
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Default Re: Bring A Trailer - 2K-Mile 2002 BMW M3 Coupe 6-Speed

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Originally Posted by m3 hal View Post
It'll be interesting to see how this plays out in the long term. The UK, for example, wants all gas and diesel powered cars off the road by 2050. It's debatable whether it will happen so soon, but I think the writing is on the wall.
even the existing ones, or are they wanting to do something along the lines of banning all new car sales that gas and diesel and then older vehicles get a special permit.
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Discussing Bring A Trailer - 2K-Mile 2002 BMW M3 Coupe 6-Speed in the E46 M3 (2001-2006) Forum - Engine: S54 - Max Hp: 333 hp at 7,900 rpm / 262 lb/ft at 4,900 rpm
Total Produced: 45,000+ - Years Produced: 2001 to 2006. at BMW M3 Forum.com (E30 M3 | E36 M3 | E46 M3 | E92 M3 | F80/X)