This M3 sold for best offer under $37,900 on 11/22/2021.
A Phoenix Yellow M3 coupe? Damn straight I can’t look away. Back in May I looked at the most recent one after a string of a few others:
2004 BMW M3 Coupe
PYM cars continue to hit big numbers when they come up for sale, with a 44k mile 2001 6-speed coupe recently trading for $55,000 – close to its original sticker price. Today’s car has over double the mileage, but it’s also got a bit of a treat inside:
When I was looking for an E46 M3 back in 2014, it wasn’t particularly hard to find one. However, if you wanted one of the launch colors of the M3 – Phoenix Yellow Metallic, which I wanted, or Laguna Seca Blue – pickings were much more slim. We’ve recently looked at a string of PYM cars, so I thought it was worth checking out a nice blue example. Like PYM, finding a stock, lower-mile one in good condition is now less difficult thanks to specialty sites like Bring a Trailer, but it’s not as if they roll by every minute now that they’re 20 years old. And when they do, hang on…pricing is usually quite high. Case in point – a 34,000 mile 2004 example sold late last year for $53,333.
Well, today’s car is an early model – a 2001 – which in theory is a little less desirable than the post-LCI cars. But it’s stock, it’s in great shape, it’s a manual, and it’s got less than half the mileage of the example I just linked. The price? Well, let’s just say put the coffee down.
Update: This car sold for an impressive $48,500 on May 30, 2021.
Okay, I know it hasn’t been very long since I took a look at a few M3 coupes in Phoenix Yellow Metallic:
Double Take: 2004 BMW M3 Coupes
But today I had to come back with another. Late PYM coupes are a rare thing, and this one is spec’d in a pretty interesting configuration. Unlike a majority of the PYM cars that were more or less fully loaded, this one has no sunroof, gray leather upholstery, no Park Distance Control, and manual seats. Unlike the last pair it’s a manual, and it has under 60,000 miles. You can guess what all of these factors add up to in today’s market…
Phoenix Yellow Metallic could go down as the most polarizing color offered on an M3, ever. In fact, the only thing perhaps more hated than the color on this car (by some, it’s worth noting) is the optional SMG transmission offered at a substantial premium (a $2,400 option) on the E46 M3. Spoiler alert, trigger warning, notice of action – what have you – today’s duo of ’04 M3 Coupes are BOTH Phoenix Yellow Metallic and BOTH have SMG sequential manual gearboxes. Hey, I like a bit of controversy! And, since I own one just like it, I feel like I’m probably better equipped to weigh in than…say….all of the internet armchair warriors.
As for the percentage of U.S. Coupes ordered in PYM: 514 were bought out of 26,202, meaning your chance of running across one when new was only about 2%. Most of those were early examples as well; the color was phased out of the color pallet before the end of production, and along with a bunch of LCI changes that means you’re pretty unlikely to roll across a post-‘03.5 in PYM. So let’s take a look at this duo and see if either is a smart purchase: