Pre-Production: 2001 BMW M3

I mentioned yesterday I’d look at a M3, and here it is. There were some 26,202 E46 M3 Coupes to choose from when considering the model. So, often sellers and buyers are looking for something special to help differentiate their M3. Usually that manifests itself in color, miles or mods, but today’s example is quite unusual. Official production started rolling in early in 2001, but today’s M3 is claimed produced in June of 2000, making it a pre-production example of the legendary coupe. There seems to be good documentation to back up the claims that are made, along with a very unusual-to-see set of options. So is this the one to get?

CLICK FOR DETAILS: 2001 BMW M3 on eBay

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Tuner Tuesday: 2004 Alpina B3S Cabrio

The prospect sounded promising, but I was left feeling lackluster at best about the 750 mile 2001 BMW 330Ci I wrote up a few weeks ago. Sure, it was nice and that interior certainly was to die for; so, too, was the basically as-new condition. But the 5-speed automatic transmission, coupled with the outrageous $32,000 asking price, had me thinking there were better options out there. So if I was in the $30K range for an E46, what are my options?

Well, obviously there are plenty of M3s to check out any day of the week, and I’ll be looking at one soon enough. But when our reader John sent through this seriously impressive Alpina, I couldn’t help but take a look. The B3 isn’t a model we often look at; in fact, I’ve only reviewed on prior, and it was a E36 chassis. The E46 took an unusual route for Alpinas; rather than a blank-slate motor, the Buchloe company selected the S52B32 from the U.S. spec E36 M3 for their basis. It was bored and stroked to 3.3 liters, netting 280 horsepower. In 2002, the “S” version of the B3 was released, with a bit more bore and a revised engine management and exhaust system. This brought the power to 305, 0-60 plummeted to 5 seconds and with a 6-speed manual you could come close to hanging with the M3. Why buy one, then? Well, the looks were a bit more discrete overall, and you could buy not only a sedan and Touring version, but an all-wheel drive one as well. Today, though, we have a lovely Cabrio with the 6-speed manual to check out:

CLICK FOR DETAILS: 2004 Alpina B3S Cabrio on Autoscout24

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2001 BMW 330Ci with 750 Miles

I haven’t spent much time telling you about my recent BMW adventures, but they’ve been split between my 2003 M3 and my wife’s new-to-us 2009 135i Sport. There’s something pretty darn compelling about the small BMW coupes. They look great, they’re deceptively big inside, they’ve got plenty of trunk space for a long haul. Both get almost 30 mpg on the highway – the 135i is a bit better, actually. Poke them, and both are capable of ripping your face off. And to drive? They’re simply sublime. I’ve driven a lot of cars over the years, but few match the natural composure and connection to driving that both the E46 and its near twin E82 do. They’re just impressive cars that you can drive every day with a family aboard, have fun and feel pretty special without spending a million dollars.

All this sounds pretty irresistible, and that’s one of the reasons that BMW sold about 4 trillion 3-series coupes over the past 40 years. While I know their proliferation isn’t uniform across the country, near me you can’t drive much more than a minute without seeing one or many. And if you pop onto eBay or your local Craigslist, at least on the coasts, you’re likely to be overrun with examples. But if buying “the best one” is your goal, this particular 330ci might just be the one you’re searching for. That’s because if you ever hoped you could find an as-new ’01 330Ci, we have:

CLICK FOR DETAILS: 2001 BMW 330Ci on Pittsburgh Craigslist

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2004 BMW 330xi

If you haven’t been following the E46 market, it’s increasingly becoming more expensive to get into a clean M3. As the M3 has crept up, so too has the “ZHP tax” set in on the sporty brother of the M3. So are there still bargains to be had in the E46 world? Yes, there sure are.

It’s possible to find well-cared for cars that seem to shrug off their mileage much better than their predecessors, and today’s 2004 330xi is a great example of that. Although it’s got the best part of 200,000 miles on the odometer, you wouldn’t know it looking at it from any angle. And the seller has gone through some extensive maintenance to make sure you don’t have to. What you’re left with is a great looking, well-equipped all-wheel drive sedan for a budget price:

CLICK FOR DETAILS: 2004 BMW 330xi on Cars.com

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Roll the Dice? 2004 BMW M3

So guess what caught my eye here? No surprise, if it’s a yellow M3, I’ll bite. This one grabbed my attention first because of the hue, then the price – just under $14,000 on a no reserve auction? Well, it must have a million miles rig….nope, not here. So it MUST be an SMG then, right? NO ONE wants a SMG because the moment you buy one they will murder you in your sleep and kick your dog and shut down the government (*according to actual internet comments I’ve seen). But nope, it’s a 6-speed manual.

But the more I looked at it, the more questions were raised. Why was no one bidding on this slick E46?

CLICK FOR DETAILS: 2004 BMW M3 on eBay

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GCFSB Alumni: 2001 BMW 325i Touring

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Edit 10/01/2017: After fixing a few more things and covering about 10,000 more miles, the buyer of this unique 325iT has it back on the block again in a no reserve auction. – Ed

The E46 wagon has emerged as perhaps the last bastion of good, clean, simple German longroofing. Modern wagons are bulbous, overstuffed with features, and crazy expensive. The biggest options on today’s 325i Touring are color choices, while the mechanicals and general usability remain refreshingly simple: no sunroof, inline-6, 5-speed manual, manual seats. Manual, but in Tanin red leather, just the kind of curveball reader/seller Rob clearly likes. A nice, plain white exterior? Why not add discreet M-pinstriping and anything-but-discreet Creamsicle Orange lower valences? The 7-spoke Style 4s are nice but plain – leave them for the all-season tires and you get summer-rubber on blackened Style 68s! The colors may jump all over the place, but if anything they draw attention to a sweet car that represents a simplicity we have all but lost.

Click for details: 2001 BMW 325i Touring on eBay

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2001 BMW M3 with 10,000 Miles

EDIT 8/10/2017 – IT’S BACK! Now with a $58,900 asking price, according to Hunting Ridge Motor’s site. With prices on the rise when the right combinations appear on these E46s, it will be interesting to see when and what amount it finally sells for.

EDIT 7/25/2014: with a few well placed seeds and some research, it appears that this car is the same one as the 10,000 mile M3 I wrote up in May here. That makes the asking price and modifications all the more puzzling. Thanks for the interest and sorry that I didn’t catch it the first time around!

What is the price for perfection? What would you be willing to pay for a brand new example of the car you love? There are certainly a lot of people who love the E46 M3 including me. I really think it was a high point of design for BMW; those sweeping arches, the delicate lines in the hood, the hunched, angry stance – it’s perfect, and best of all, it’s relatively affordable still. But many have already begun to fall into disrepair, and of course when you’re buying an older car you’re subject to what comes to market and managing repairs, restoration and asking price. But what if the car was effectively brand new? Chances are everyone would say “Sign me up!”, especially if that car was in one of the most sought after color combinations. They would, that is, until they saw the price tag:

CLICK FOR DETAILS: 2001 BMW M3 on eBay

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2002 BMW M3 with 11,000 Miles

A familiar face popped into my usual searches this week. It was a 2001 BMW M3 in Laguna Seca Blue. What stood out immediately were the wheels (okay, and the color); BBS CH and near faultless condition throughout pointed towards the example I looked at twice in 2014. Three years later, it’s still for sale and though the price has dropped, the seller is still looking for the best part of $60,000.

In the future, that price may not seem quite that outrageous. After all, finding a perfect condition, 10,000 mile M3 in one of the two signature colors isn’t something you come across everyday, right?

CLICK FOR DETAILS: 2002 BMW M3 on eBay

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1 of 1: Dakar Yellow 2003 BMW 325xi Touring Individual

“Too expensive” shouted a few Facebook comments on yesterday’s 330xi Feature Listing. “It’s 11 years old with 130K. WTF!”

He wasn’t alone, and I find that strange. Because, well, here’s a 14 year old 325xi. It’s got 159,000 miles. And, the asking price is a latte away from $8,000. There’s no maintenance disclosed, nor the careful care shown to our Feature Listing car, either.

But my guess is no one will be complaining that this particular all-wheel drive BMW is overpriced. That is simply because of the configuration in this case. While it’s certainly very rare to come across the E90 sedan in the specification of the Feature Listing from yesterday, I’ve never seen an E46 in this spec – nor are you likely to see another. That’s because this particular car is claimed to be one of one – the sole BMW Individual spec’d Dakar Yellow 325xi Touring 5-speed Sport Package.

CLICK FOR DETAILS: 2003 BMW 325xi Touring on 1023 Motors

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2006 BMW M3 Competition Package with 11,600 Miles

To me, this M3 is a very interesting counterpoint to yesterday’s RS6. Many aspects are the same; pristine original condition, lower mileage, mid-2000s leading edge performance car.

It’s there where the similarities end.

While the RS6 represented the stepping over a threshold of performance into a war of escalation, the E46 M3 was, in many ways, BMW’s equivalent of the Porsche 993. It was the ultimate development of the normally aspirated inline-6, and to many (this author included), it was the best of the breed.

The third generation M3 is simply a marvel. It took the basic layout of its predecessor and improved essentially every aspect. The E36 wasn’t aggressive looking enough? Fixed. The motor wasn’t the technical marvel that was the European version? Fixed that, too. And the build quality and plastic materials in the second generation were a bit lacking? Solved that one, as well.

Are there drawbacks to the E46? Sure, it only came in two-door guise. There are also some known weaknesses in the chassis, like the subframe problems that can be a costly repair. The S54 is also a more expensive motor to repair than the S50/52 had been, and requires more maintenance (and, super costly oil).

But enough gripes, because while there isn’t a collector market for 2000s Audis, the E46 never really went through the dip in value that the E36 did. Prime examples have always demanded strong money and appear to be on the rise, with several notable auctions recently hammering for ever increasing numbers. Today’s example comes from the end of the line for the E46, and is about as desirable as they come to market. One of 2943 A08 Silvergray Metallic coupes imported, it has the desirable N51M Imola leather interior, the even more desirable 6-speed manual transmission and equally sought ZCP Competition package, and it’s only traveled a reported 11,600 miles since new.

CLICK FOR DETAILS: 2006 BMW M3 Competition Package on eBay

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