2004 BMW M3 Coupe

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…

CLICK FOR DETAILS: 2004 BMW M3 Coupe on eBay

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Double Take: 2004 BMW M3 Coupes

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:

CLICK FOR DETAILS: 2004 BMW M3 Coupe on eBay

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2001 BMW M3 Coupe

I’m not done with M3s yet! I get that the wild colors offered by BMW on the E46 M3 don’t appeal to everyone, and I’m aware they tend to be the colors I focus on. What’s special about them to me is that they exist at all; you don’t have to agree that they’re the colors you’d buy, but isn’t the world a better place for them having been made? While getting into any M car is a special experience, by the time of the E36 and E46 M3s production numbers meant they were reasonably common. With over 71,000 E36s made and over 85,000 E46s produced, odds of you seeing another going down the road are a lot better than they were with the original Ms. To me, Phoenix Yellow and Laguna Seca Blue are two of the best ways to differentiate your M experience from the norm. Today, there’s a lovely example of the latter available on eBay:

CLICK FOR DETAILS: 2001 BMW M3 Coupe on eBay

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2003 BMW M3 Convertible

The M3 Convertible isn’t a car I spend a lot of time on. However, the recipe is hard to argue with; you get the beautiful lines of the E46 mated to the sonorous S54 with limitless sky over your head at the touch of a button. When this car was new, it was the fastest production 4-seat convertible available, though at nearly $60,000 it was hardly cheap. Fast forward to today, and it’s generally become the cheapest way to experience BMW’s gem of a motor in the ultimate development of the naturally aspirated inline-6.

Though I don’t write of them often, I do keep my eye on them from time to time. And today’s particular 2003 is a very special package. Presented in Oxford Green Metallic over Cinnamon leather, visually this car is quite a looker. Inside you’ll find a 6-speed manual, too, and a few choice options and modifications have this one looking impressive. Is it the one to buy?

CLICK FOR DETAILS: 2003 BMW M3 Convertible on eBay

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2007 BMW Z4 M Coupe

The E86 Z4 was a fairly radical departure from the E36/8 that it replaced. In many ways, the Z3 was born out of a series of spare parts and in some ways almost seemed an afterthought. It wasn’t as innovated as the Z1 and while the original M Coupe has become a fan favorite, the Z3 just overall seemed the odd-man out in the BMW lineup. On top of that, the design just overall hasn’t aged particularly well in my mind. But in 2002, the redesigned Anders Warming penned E85 Z4 roadster launched. It was bigger in every dimension, with cutting edge new styling that managed to incorporate both round and angular designs into one fluid package that somehow worked well. Over a decade on, it still looks quite new to me – one of the best tests of the staying power of a design. Also one of the best tests is that it was somewhat controversial at the time, but by 2006 and the launch of the M models most critics were convinced that it was a nice package. The addition of the stellar S54 powertrain certainly didn’t hurt, and with just 1,800 examples of the new Coupe design in the U.S., it was guaranteed classic status.

Despite the limited production numbers, neat looks, and legendary power plant, getting into a Z4 M Coupe won’t break the bank today. And if you’re willing to accept a less-than-perfect example, you can have one for a relative song:

CLICK FOR DETAILS: 2007 BMW Z4 M Coupe on eBay

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2005 BMW M3 Dinan S3-R Competition Package Individual

You and a million plus of your internet friends love the E46 M3. With a high-revving naturally-aspirated inline-6, near perfect weight distribution and timeless looks, how could you not? So how to stand apart from the crowd? Well, this ’05 might be just the right ticket. First, you’d want to source one of the elusive BMW Individual examples. Like Porsche’s Paint to Sample, these were custom-ordered Ms with near limitless options, and the E46 was the first to really exploit this before it was the popular trend. 58 Coupes were optioned in E36-spec Estoril Blue Metallic for the U.S. market, and admittedly it looks great on the newer generation too. This one goes one step farther with M Texture Anthracite Alcantara that is very infrequently seen in the modern Ms. Not done yet, it was opted with a 6-speed manual to sooth the Internet’s fears. For good measure the ZCP Competition Package was ticked on the order sheet. And to scare everything else on the road, it was then sent to Dinan where just about every conceivable option was fit. The resultant supercharged S3-R package was good for 462 horsepower. The seller describes this combination as a unicorn, and it’s pretty hard to argue with that assessment.

CLICK FOR DETAILS: 2005 BMW M3 Dinan S3-R Competition Package Individual on eBay

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Still Dice Rolling: 2004 BMW M3

Over the past year, the E46 M3 market has really started to take off. Back in 2015 it was unusual to break $25,000, but over the past year several have broken double that amount and one bonkers bidding war ended up at $90,000. Have all ships been lifted? That’s hard to say, but certainly more are coming to market in very good to excellent condition and fetching big dollars. As always, collectors are looking for something a bit unusual and BMW Individual-toned cars are hot items. Prior auctions have also shown that big bids won’t be reserved only for pristine original examples, as the top auction draw was a modified car.

So today we’re back with an obviously modified car in an unusual color for the chassis – Dakar Yellow. It’s got the “right” transmission and the subframe has been reinforced too, and the asking price doesn’t seem all that outrageous. So what’s the rub?

CLICK FOR DETAILS: 2004 BMW M3 on eBay

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Feature Listing: 2005 BMW M3 Competition Package

Update 11/8/19: This neat ZCP M3 sold for $20,800.

Among potential future classics, few shine quite as bright as the E46 M3. As a car thats (currently) affordable and still fairly new, the E46 M3 offers performance levels few sports cars reach. Its also one of the last BMWs mere mortals can work on, the last offering of the S54 motor before the M division switched to twin-turbocharged inline-6s and V8s. To some, the E46 was a mass-produced marketing tool; but to me, the E46 M3 corrected many of the perceived faults of the E36 M3. Of course, the motor was a large part, but outside the M3 was now really set off by flares, quad exhausts, bulges, gaping intakes and vents that really made it look as special as it was. Denied the CSL, for U.S. customers the most special of the breed were the late run ZCP Competition Package cars like todays Interlagos Blue example.

The ZCP Competition Package added quite a few special details to an already special car for the end of the run. Cross-drilled front brakes were enlarged and lighter thanks to a two-piece design and hid behind spun-cast BBS RC wheels. Those wheels measured 19″ x 8″ in front and 9.5″ out back and not only managed to look more menacing, but were lighter than the Style 67 18″ standard wheels despite being larger. Turning those wheels was a quicker steering rack spun by an Alcantara wheel and containing a special “M” track-mode with revised software for the stability control. The ZCP package also had the aforementioned Interlagos Blue Metallic (A30) as its signature color and specific code ZCP milled aluminum effect interior trim. Reportedly, Interlagos could not even be ordered through BMW Individual – if you liked the color, you had to get the Competition Package. While the same S54B32 as standard production lay under the hood, the 333 horsepower screamer wasn’t exactly a bad thing. 2,410 ZCPs were sold in the U.S., with 843 of them being Interlagos – making for not only a great driver, but an instant collector:

CLICK FOR DETAILS: 2005 BMW M3 Competition Package on eBay

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Superb Swap: 2001 BMW 325xi Touring S54 6-speed

If I’m honest, neither the outrageous Passat W8 nor the overpriced A4 Avant from Sunday really thrilled in the same way as the 2.7T-swapped B6 Ultrasport build did. Granted, you could just about buy both the Audi and the Passat for the same price as that build, but if you’re going to take on a complicated older fast wagon, there must be some sort of reward for all the risk, right?

Well, not to be outdone, here’s a stellar BMW option. The standard 325xi Touring, while available with a 5-speed manual, isn’t nearly as exotic sounding or performing as the duo from the other day. The M54 2.5 liter inline-6 was about 100 horsepower down on the Passat W8 and they weighed pretty close to the same. BMW also chose to not equip any of the xi models with the M-Sport suspension, either. While the 3-series was substantially cheaper than either the A4 2.0T S-Line Titanium package or the Passat W8 4Motion, out of the box it also didn’t feel as special.

Of course, if you rip it apart and rebuild it with a S54 borrowed from a M3 and a 6-speed from a X3, the story changes a bit…

CLICK FOR DETAILS: 2001 BMW 325xi Touring S54 6-speed Swap on Denver Craigslist

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Motorsports Monday: BMW Legends Collection

Let’s say you want to start a car collection, and for ease of argument’s sake, let’s say you’re really into BMWs. Which is the model you want? You could be a 507 enthusiast, love the classic 3.0 CSL or 2002, envy every E30 or lust over the modern muscle the company produces. But odds are if you’re reading these pages you, like me, gravitate towards BMW’s Motorsport models.

Within the Pantheon of classic models, there then comes the difficult decisions. How do you choose between the E30 M3 and the 1M, for example? Well, Enthusiast Auto Group has a suggestion. Why not have them both? Or, even better, why not assemble all of the greatest hits from BMW’s M division over the past 40 years and put them together into one curated, turn-key package?

CLICK FOR DETAILS: The Collection of BMW Legends at Enthusiast Auto Group

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