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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 Wed, Nov-13-2019, 02:13:35 PM   #1
RaceCarDriver
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Default Why You Need to Buy an E46 M3 Right Now

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Old Wed, Nov-13-2019, 03:50:51 PM   #2
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Default Re: Why You Need to Buy an E46 M3 Right Now

Yup. Good condition over low mileage. I'd rather buy one that has had its potential problem areas sorted out, rather than a garage queen that's got crumbling gaskets and seals.

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Old Wed, Nov-13-2019, 03:52:03 PM   #3
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Default Re: Why You Need to Buy an E46 M3 Right Now

Couldn't agree more, Glen.

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Old Wed, Nov-13-2019, 03:58:16 PM   #4
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Default Re: Why You Need to Buy an E46 M3 Right Now

And I don't think he's exaggerating about how rare really good examples of this car have gotten.

Took me a year to find a good ZCP to replace my '02 M3... and that was over 2 years ago. AND I had to give in and buy one from EAG. There simply were no others (with stick, no sunroof, IB on black) to be found anywhere.

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Old Wed, Nov-13-2019, 04:38:54 PM   #5
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Default Re: Why You Need to Buy an E46 M3 Right Now

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Originally Posted by demolitionskunk View Post
And I don't think he's exaggerating about how rare really good examples of this car have gotten.

Took me a year to find a good ZCP to replace my '02 M3... and that was over 2 years ago. AND I had to give in and buy one from EAG. There simply were no others (with stick, no sunroof, IB on black) to be found anywhere.

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That combo has always been hard to find. Actually finding any car in the exact spec you want can be difficult really.
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Old Wed, Nov-13-2019, 05:02:02 PM   #6
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Default Re: Why You Need to Buy an E46 M3 Right Now

Yeah, that's true. They didn't make many of these, so I shouldn't say it's indicative of the E46 M3 market in general.


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Old Wed, Nov-13-2019, 05:08:55 PM   #7
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Default Re: Why You Need to Buy an E46 M3 Right Now

I'm sure the values will continue to creep up. Although I think some people get too carried away with the value proposition and forget what this is all about. For me, I'm not in this to have any sort of ROI, just glad to own one now that they are attainable and to enjoy a car that I possibly wouldn't have been able to otherwise in 20 years if the price of entry becomes too high to justify.
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Old Wed, Nov-13-2019, 05:23:10 PM   #8
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Default Re: Why You Need to Buy an E46 M3 Right Now

Values will go up to a certain point and then it will plateau and start slowly creeping back down, but only slightly over a long period of time. That is a typical timeline of most desirable cars anyway.
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Old Wed, Nov-13-2019, 05:30:50 PM   #9
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Default Re: Why You Need to Buy an E46 M3 Right Now

To me the best thing about the E46 isn't that the values might rise, it's that they are basically free cars to own at this point since they've already hit the bottom of their depreciation curve. If they do happen to go up, then that's nice too as it would help offset some of the cost of ownership such as maintenance, fuel and insurance.
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Old Wed, Nov-13-2019, 05:46:06 PM   #10
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Default Re: Why You Need to Buy an E46 M3 Right Now

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Originally Posted by demolitionskunk View Post
Yup. Good condition over low mileage. I'd rather buy one that has had its potential problem areas sorted out, rather than a garage queen that's got crumbling gaskets and seals.
Low mileage/good condition > perfect color combo

That's my preference when I first bought my JB + Cinnamon car with 43k miles. Sometimes I do dream about certain color combos, but that will add $10-20k on top bringing values closer to $45-55k for under 50k mileage. At that price point, there are many other options out there I personally would consider.
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Discussing Why You Need to Buy an E46 M3 Right Now 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)