The E46 BMW M3 is at a tipping point where examples are getting inexpensive enough that the second, third or fourth generation of owners is able to pick them up and modify them. Buying a modified car cuts a tremendous amount of labor and money off the price if you like the mods, but you’re also buying a car that you know has been used – perhaps hard – by what’s likely a non-original owner in a car with no more warranty. There are a lot of modified E46s out there to choose from, so today I took two blue examples that modded in different directions for a comparison. Which is the one to buy?