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.