Bought a competition package e46 M3 as my first car for about $22,000. Now it’s worth probably closer to 30 or maybe even 40. It’s a interlagos blue one as well so very very rare.
I purchased one in March 2019 and it was round the time when they went quite cheap lol. I didnt know much about em payed few grand extra from dealer I'm so glad been watching lots of content on how these e46 m3 are going up in value and they genuinely are! I have seen all the cheap cars for sale near me in UK they have all be sold broken and had major faults. Slowly all the bad m3s will be no longer on the road and our good ones will shoot up in value!!!!
I agree, however what I did about 4 years ago is bought a interlagos blue comp. with 90 or so thousand miles, currently has 100,000 and the pump went out about a year or so ago on the smg transmission. So I manual swapped it and sure it won’t be a factory manual but should sell for around the same price. Also the transmissions with smg pumps the synchros don’t have as much wear. But I definitely wouldn’t be turned off by a smg car if it was less and with less miles...the smg was actually really fun to drive completely different than the manual experience....way more drama which was fun on the high way and back roads. Honestly miss the smg....but love the manual 😂
Yes, this is the greatest car ever. However, maintenance and repairs are about $2-4,000 a year, depending on how much of the work you do yourself. Get one with a 6MT that's been taken care of. They all have the same problems over their life (VANOS, SMG, rod bearings, subframe), about $15-20,000 in repairs over the course of its life. They are the best handling cars ever, though.
Youre right Glen. I have had my 02 M3 for 10 years (coupe, stick) and once its repainted carbon black its only going to see a few days a year on the street. People are starting to park them now.
My first was Mystic over black 6MT which is my avatar. Unfortunately my son totaled it five years ago after hitting a fire hydrant and coming to rest against a tree. He walked away but the car was destroyed. I replaced it with a Titanium over gray manual which I still drive and can't imagine giving up any time soon.
I call that bull on the low mileage cars. I have 16k mile car there's no need for me to spend money doing rod bearings and vanos when it doesn't need them done.
true, I bought mine at 100k miles at 15k USD 4yrs ago, it has 160k now and w/ subframe, vanos and rod bearings done the value is still at 15k (the actual highest offer I got is 16k, on average 15k). thats 60k more miles on my Mystic Blue Metallic car, and its modified too (wheels, CSL trunk and CSL Bumper, and suspension and catless headers.. just bolt ons nothing fancy). I can imagine a fully stock car at around 100k miles will be going for a lot now (I see them as low as 18k but questionable maintenance history). Luckily the first two owners of my car kept a record of maintenance, quite a thick folder lol and it just got thicker on my ownership.
@@GlennsCarCollection Seeing a my Mystic Blue, a Laguna Seca Blue and Interlagos Blue side by side, actually not being biased I prefer the Mystic blue in person. Interlagos blue is a close second, the Laguna seca dont really look that good in person imo.
I bought one for 12k. It’s alright 2002 lsb manual but I didn’t know it was painted lsb and probably converted to manual. It’s all good tho cause everything has been replaced and no subframe crack. Previous owner replaced every trim and mounding plus he switch it to led taillights
I think they will go up a lot soon- I’ve got a OEM converted to Full CSL spec M3 including all the interior,carbon roof, airbox, Lamborghini Ceramic 390mm Brembo brake setup, KW Clubsport suspension - full showcar - it’s a keeper as it’s gorgeous
I looked for one for about one year then threw in the towel. Could not find one that had had the rod bearings subframe crack and Vanos taken care of. Also it would have been taken too much money to make the exhaust sound how I liked. Beautiful, and great video now.
I got mine with 60k miles 1/78 sterling gray individual for a bargain . 21500, I just did the rod bearings, vanos, and rear subframe. Just so that it can last a long time. It’s not my daily driver . It’s more of a garage queen. Oh and it does have the 6 piston brembos 😊.
Picking up a 2003 Carbon Black with 84k original miles this week, wish I could’ve found a better color but this one has all of i’s dotted and t’s crossed maintenance wise, so I figured it was a good option
I agree! I bought my lemans Blue metallic black interior 6sd only 1 half years old Ive done the big 3 (vanos rubuild, subframe mount reinforcement, rod bearings) and tons of maintenance. I will never part ways with mine, I will Just add to the collection
Got a 05 M3 ZCP so rod bearing issue is not such a big worry as pre 05 models . Interlago blue was not my first choice but took time to like some thing new. Definitely did my PPI list with a mechanic. Slight Downside is I got a SMG with a very long 1st gear if in Drive which needs a lot of gas pedaling, so I instead drive in manual to. The ticking vanos and subframe are major things to be attentive too. Last, I would not count yet on it going up in value until it happens. For now , buy the car because you like it driving it. Not for the sales talk.
I'd the E45 in convertible form. Absolutely loved it. Till I got into the Alfa Romeo Giulia, it was the only car that automatically made me grin every time the car was fired up.
@@GlennsCarCollection I only lease now and because it was so unknown, I got a Q4 non Quad last year (living in Jersey and all). When this lease runs out, I'm convinced I'll go back pick another Giulia.
What would you recommend to me, Im 18 and recently sold my e60 for a wrx because I hated the bmw maintenance prices but I’ve just been missing the way they drive so bad and now with selling this wrx I could get an e46 m3 with all new bearings, timing belt, water pump, the vanos is untouched sadly I believe but besides that it’s looking like everything that needs done has been recently, I’m going to automotive school so I have mostly all the tools I’d need to work on it myself, do you think it would be a huge mistake to get one or do you think with the price going up on them it would all somewhat balance out for me at the end, this has been my dream car for years and now that it’s finally obtainable for me I really don’t want to pass it up
No, if the contrast between interior and exterior color is not that much different. With sports car yellow or red exterior color, anything goes well for interior color.
Great video. In addition to a 6sp coupe, mileage, and condition, you need to be mindful of color. I've been shopping for my 2nd E46 M3 for the last 6 months (nationwide), and the market is cluttered with silver and carbon black exterior M3s. Those are dime a dozen. Look for more rare combos, like alpine white with red or cinnamon interior. Laguna Seca Blue are super rare also. If you can get your hands on a ZCP, do it. This is a car to drive, not put away to flip.
Manual coupe. The convertibles have a lot of flex, coupe is stiffer but it depends if you are driving it like a sports car or just want to cruise around and enjoy the scenery
I have a mint condition 04 Imola red M3 with SMGII. I absolutely love my car. The fast shifting and the experience you get when driving is just so hard to find nowadays. Just hit 105k. Cars are meant to be driven so regardless of its amazing condition I still daily it!!
Do you think a manual converted (from smg) e46 m3 will climb in value or will the "modification" make it one that buyers shy away from? I by the way am one that loves the smg.
@@artz330 On a recent episode of Wheeler Dealers , they converted a 2004 M3 from an automatic to a manual. (Season 15, Episode 21) According them , it was relatively easy because all the M3 were built to handle a manual including the opening for a clutch . I couldn't do it but for them it was not that much work and did not seem too costly. Watch if you get a chance . Based on that show , I would consider buying an automatic and having it done.
Great vid. Just bought a one owner 100k mile 2002 with all the service records! Just wondering what your thoughts on the E39 M5 are? I’ve been torn between these two beauties. I went with M3 because it was super clean and a little cheaper but someday I think I need that V8.
I was torn between both as well. I went E46 because it is more of a back roads car, handles better, more nimble. E39 more of a highway car, long distance cruiser, but it would be fun to own one of each
My first BMW was a black 02 330ci convertible with a manual and M3 rims. Loved this car! This generation of the 3 Series is what got many people hooked on the brand including myself! The E46 M3 is bound to go up in value based on demand and collectibility.
I hope this comes true! I have a 2001 manual coupe and I love driving it. It's at about 90,400 now. That said, I would love to eventually get a more recent weekend car and sell my M3 for more than the $18k I paid, back when it had 54k on it in 2013.
@@GlennsCarCollection Funny you'd reply this morning. I had a dream last night I was about to sell the car, with the buyers riding in it with me, and I had to tell them I felt like I was making a mistake and needed to keep it! Haha, I guess I'll be driving it today to be thankful that wasn't true! I do love it. It's not time yet.
Hey Glenn I’m having a serious dilemma I was hoping I could get some of your input... I purchased an 04 M3 with 126k miles, $14750 US. Jet black with Cinnamon interior. Whenever it finally arrived we drove it for 50 miles and it started making a lot of noises. Took her to the mechanic and the rod was spun. The car required a new crankshaft, rod bearings, and while they were in there they did the VANOS too, as well as clutch and engine mounts. I am $26k in on this high mileage M3. What do you think I should do? I love the car but I feel like I bought it wrong... Please help me man your words of wisdom would really assist in where I take this car next.. thanks Glenn!
If you planned on keep the car for a long time you were gonna have to do all of that stuff eventually anyway. It sucks that you spend so much so fast, but now you can drive the car with a peace of mind
Axel Davis yeah man I got screwed super quick. It was a total engine rebuild. Just don’t want to keep spending knowing I won’t ever get any $$ back. Feel like I should have gotten an m2 or Supra, just not sure how long I should hold on and if it’s worth it
unfortunately you probably did buy it wrong, but they are old cars and that can happen to any of us, no matter how much homework we do. It's a shame you had to rebuild the engine right after you bought it but it sounds like your M3 is now ready to go and enjoy for many years to come. Unfortunately if you sell now, its still probably only worth $15-16k. I would keep it, the longer you have it the better chance you could sell it for $26k in a few years. When something catastrophic happens, you have two choices, cut it lose to the mechanic for $10k or spend the money like you did and enjoy it. Drive the heck out of it and don't save it for the next guy. The M2 is a great choice but they are still depreciating. At some point both cars will be worth $26k and that's when you sell and switch over. Congrats on your M3 !
Hey Glen, long time subscriber and I love your content. I have a few questions about the E46 M3. Right now I am a senior in college and graduate in May. Do you think the market will explode on these cars in that time? Do you think it's worth it to spend $20k-$25k on an E46 vs an E92. Do you think the car is daily'able (weather permitting)? I've wanted one of these since I was 5 years old and I'm afraid they'll be unobtainable once I can finally afford one. Thanks!
I just bought an 03 with 105k miles for $14k in alpine white with cloth interior. deals are still out there. I've put $3k into all the preventative so I'm in under 20k for a well-sorted car. It's definitely worth finding one now!
Axel Davis mine is a 6spd! I did the vanos and subframe. Rod bearings were done under recall. All in with parts I was under $3k for the car to be bulletproofed. Only have left to do is the cooling system and it’ll be ready to go.
@@Michael-pz6oj I'm in the same boat, I have done the subframe reinforcement and did all the beisan stuff for the vanos; as far as the cooling system us concerned, are you just updating it with oem parts or are you ooting for an aluminum radiator and expansion tank or just oem?
Caesar Guzman definitely OE. The OE radiator is very robust unlike the e36 cooling system, the e46 cooling is pretty solid. I know plenty of guys who track on a fresh OEM radiator and water pump and they do just fine.
I had an 03 pheonix yellow(smg), 04 titanium silver(smg) and 04 estoril blue vert(6spd) Rule number one* Stay away from smg. I found say a 6spd coupe is pretty much the way to go, having said that the getrag manual transmissions are pretty notchy and don't like to be driven in cold. From my experience the E46 M3 is overhyped, I now have E90 M3 and it's leap ahead of the E46
Glenn is right, they don't make cars like this anymore (and they never will again for anything that cost less than 100k). It's not the fastest car by today's standard, but it is plenty quick enough and the way the power, the noise and speed builds from 5500 rpm to red line is intoxicating. I'm calling this out specifically because while there are lots of great things about the E46m3, I think it's this engine characteristics that makes this car so desirable for so many car enthusiast. This engine not only defines the performance characteristics of this car, but also represents an entire generation of high performance cars from a bygone era that we probably will never see anymore. What you get when you buy an E46 M3 (and why everyone loves them) is you get one of the most engaging and fun car money can buy at any price. In the sub $50k price range, there are almost no cars out there that will check all these boxes: 1) High revving, high output N/A engine, 2) manual transmission, 3) RWD 4) Engaging Steering, 5) Great handling dynamics. Off the top of my head you have the S2000, which is probably a more engaging / visceral car but is slower (especially the AP1s); and the E9x M3, which is faster but is heavier and doesn't have as nice of a steering feel as the E46. That's literally it. The 996 911 of the same era should be on this list as well and IMO is currently THE performance bargain right now because it is so maligned by the Porsche community. But the thing is, I'd rather have the E46M3 than any 996 non-turbo or GT cars. IMO it is arguably a worse car than the E46 M3, and certainly the interior of the 996 have aged far worse than the E46s. Anything else should be on that list? 1st Gen Porsche Cayman S? Prices for good condition, (relatively) unmodified ones has been going up, but I think BMW made way too many of these for prices to raise super quickly. What I'm seeing now is a little bit like what's going on with all the Porsche GT cars. Low (
I test drove one and I can say it felt heavy and sluggish and this car was immaculately maintained. Would I pay anymore than £10000 for a manual m3 absolutely not. My opinion is that it felt disconnected from steering felt like you’d turn a little an nothing would happen for a bit. Maybe I didn’t drive it right but I got back into my 5 series e60 and it felt much better
Honestly I'd rather buy one with high miles and restore it as opposed to buying a low miles car that's still prone to breaking. Yeah the car will nickel and dime you to shit (at least mine did) but remember you're putting it into a car that'll appreciate.
Ameer Khan picked one up at 150k for 14k with extensive lists of modifications, everything that could go wrong has been replaced and upgraded .. pre purchase inspection summed up the car is basically brand new with all the reinforcements - with a couple bells and whistles as well .. csl carbon fiber trunk , bumper , whole interior decked out with carbon fiber .. csl airbox with the tune .. perfect exhaust system installed as well catless agency power headers with the agency power exhaust makes the perfect sound .. will still be fun to maintain the car regularly but she’s a beauty I am thrilled with it .. I tell anyone don’t let high Milage cars scare you away!!! These cars are known for having meticulous owners who cared for them properly just have to get lucky and find the right one when the time is right
Yeah I know this video is doing the opposite of helping because if enough people start saying it, collectors will smell blood and try to snatch up every clean one possible destroying the great value. I’ve been in love with my non m3 e46 since before I got it the m3 has to be my next car
I did get myself an E36 M3 when they reached their lowest price, 3y ago here in Portugal. I did my research too, 3 years consulting the prices on the internet. I almost finished my project. I'm getting my oem M3 mirrors this week, just got my differential rebuild last week, and my Vaders in the car last month. Pretty good evolution lately 💪🏼 Congratulations on your purchase! The E46 is one of my favorite M3's. Really nice piece 👏🏼
Im glad i got one 2 years ago while they were cheap. Too bad mine with 8 prior owners titanium silver with grey interior and 130k miles isnt going to be worth a thing to collectors lol
The high mileage E46 M3’s will continue to be affordable. Only the low mileage ones are going up in value, but they’ve been doing that for a few years now, so this video isn’t really applicable to what you’ve said regarding the current values. I bought my 2003.5 manual coupe with 97k miles, for $19k 8 years ago. A same color/tear/mileage/specs one today, sells for around $17-18k. So prices have stayed relatively the same for a while now, but like I said, it’s the low mileage bones that are getting pricey now, not the higher mileage ones.
I’ve been looking for a 4 seat car for a while. You are so right about condition, not mileage. The condition of the typical E46 M3 is terrible. The E90/2 is not as nimble but a better value for money. A good one is at least $20k+ as you said. I’ve driven about 5 E9x cars $20k to $25k and they are all in great condition. If I didn’t need a back seat I think the S54 bargain is the Z4M roadster which is like $15k to $25k. These are more likely to be second cars for rich guys and better maintained than E46. I think the Z4M is the better car in terms of wheelbase, chassis, steering, brakes, sitting position, and interior quality. The E46 has a back seat.
Honestly they are a royal pain in the ass to maintain and work on. BMW didn’t make working on it user friendly in my opinion. But regardless I love my E46 M3 & don’t think I would ever part with it. It’s just a unique car and they don’t make em like that anymore.
I have a 04 330ci 6 speed and I love it so much! Everyday I debate on weather I wanna get a E46 M3 or E92 M3 for my next car. I can never make up my mind! Love the channel btw. Keep up the great work Glenn. Do you have an Instagram page? I think it’ll be easier to talk to subs that way.
I’ve owned one for two years now, I like it but just don’t understand why people hype them up so much. Let’s be honest, they are slow, awful inside, low tech an engine that needs a lot of maintenance, rust like crazy, shit brakes & cost a fortune to fill up constantly with little to give back.
Yes they rev to 8000rpm but being N/A you have to wait half an hour to get up there, while a smart car darts past you because it has more bottom end torque. There’s a reason nobody bothers with N/A and that’s because it’s prehistoric, inefficient and bloody dull
I think only the extremely nice examples will bring big money in the future. They made too many of them. I daily one and it’s never never going to be a big money car. 10 to 20 k for the rest of time.
Kung Tita Interesting because I was looking for a while before I found one. E46 m3 is a rare car indeed. Where I live there were 2 total for sale and neither was the setup I wanted. I finally found one. Not like buying a Honda, Toyota, and etc.
Glo Glo I suppose if your never going to sell it, it doesn’t matter what it’s worth as you will never cash in, if it’s worth a lot to you that’s the main thing !! Wish I had one............. check out “ Calvin’s car diary “ he just got one off eBay for less than £6k
I’ve owned mine for 33k miles, currently at 209k miles. It’s been super cheap to maintain, and rarely needs anything. In the last 10k miles I’ve probably spent $80 on repairs. Not kidding.
@@curtislovrak5390 That was not my point, I never mentioned anything about reliability, also if you got it at 180k I am sure everything was sorted out otherwise it would not have made it there. My point is this is not a car to flip to make money, it is idiotic to think you will make a profit on this. If you bought one 5 years ago and have a super clean low mile one maybe you can. The window on making a profit on this is long gone.
@@PHFilms3 my m3 just hit 190k. I didnt really care for high mileage. I buy cars to drive and enjoy. If I want to invest in something, i would be in the stock market, not cars.
lol Yall buggin get a Porcshe all day better value .. dem m3,s(had 1) they leak oill and cooling system is mostly plastic they break when ya drive them hard and hard to fix .. bad option is one of those they all leak oil FACTS!
Pretty awesome that you drive rare cars that go up in value and so don’t cost much to own, pretty underrated
Yep, I have done it many times. I had no money when I was a young driver so I couldn't afford depreciation
Bought a competition package e46 M3 as my first car for about $22,000. Now it’s worth probably closer to 30 or maybe even 40. It’s a interlagos blue one as well so very very rare.
Stop posting e46 m3 videos saying how people need to buy them now... you’re driving the price up and making them even more out of my price range!
Now that he got one its Buy now !!! Lol
That’s exactly why he’s doing it though haha
I purchased one in March 2019 and it was round the time when they went quite cheap lol. I didnt know much about em payed few grand extra from dealer I'm so glad been watching lots of content on how these e46 m3 are going up in value and they genuinely are! I have seen all the cheap cars for sale near me in UK they have all be sold broken and had major faults. Slowly all the bad m3s will be no longer on the road and our good ones will shoot up in value!!!!
Yeah, I had to wait until I bought another one
Yup
Love my carbon black 6spd coupe. Never got bored of it. ❤️ never modded.
Me too. I've had my 02 for 15 years and I still enjoy it immensely.
Awesome, I plan on keeping mine a long time
I LOVED my Interlagos Blue 2006 ZCP that I had back in the day. Now I have an E36 with an S54, lol! 👍
Nice !
It’s 2022 and sounds like you were right!!
Prices are going up !!!!
Yes they are . Thank you Darren.
The cars going up the fastest are 2005-2006 ZCP Competition M3 Coupes equipped with manual transmissions.
I agree
I agree, however what I did about 4 years ago is bought a interlagos blue comp. with 90 or so thousand miles, currently has 100,000 and the pump went out about a year or so ago on the smg transmission. So I manual swapped it and sure it won’t be a factory manual but should sell for around the same price. Also the transmissions with smg pumps the synchros don’t have as much wear. But I definitely wouldn’t be turned off by a smg car if it was less and with less miles...the smg was actually really fun to drive completely different than the manual experience....way more drama which was fun on the high way and back roads. Honestly miss the smg....but love the manual 😂
Yes, this is the greatest car ever. However, maintenance and repairs are about $2-4,000 a year, depending on how much of the work you do yourself. Get one with a 6MT that's been taken care of. They all have the same problems over their life (VANOS, SMG, rod bearings, subframe), about $15-20,000 in repairs over the course of its life. They are the best handling cars ever, though.
I agree
$2000-4000 a year for maintenance even for a BMW is pathetic. What a money pit.
Don't know how you get to these numbers.
Maintenance on these cars is easy to do yourself. Over 5 years mine has cost about $3,000
I have mine up for sale right now :D... Might keep it after watching this! :D
@Dylan J. Coupe, ZCP, manual, 06, red... listed on m3forum
Youre right Glen. I have had my 02 M3 for 10 years (coupe, stick) and once its repainted carbon black its only going to see a few days a year on the street. People are starting to park them now.
Yep, true
My first was Mystic over black 6MT which is my avatar. Unfortunately my son totaled it five years ago after hitting a fire hydrant and coming to rest against a tree. He walked away but the car was destroyed. I replaced it with a Titanium over gray manual which I still drive and can't imagine giving up any time soon.
Sorry to hear that. Glad your son was ok and you bought another
I call that bull on the low mileage cars. I have 16k mile car there's no need for me to spend money doing rod bearings and vanos when it doesn't need them done.
Got mine 3year ago they are still look amazing I get lots of head turn and my was cheap for 12k price with 90k mile on it at that time I bought it.
Great Buy
true, I bought mine at 100k miles at 15k USD 4yrs ago, it has 160k now and w/ subframe, vanos and rod bearings done the value is still at 15k (the actual highest offer I got is 16k, on average 15k). thats 60k more miles on my Mystic Blue Metallic car, and its modified too (wheels, CSL trunk and CSL Bumper, and suspension and catless headers.. just bolt ons nothing fancy). I can imagine a fully stock car at around 100k miles will be going for a lot now (I see them as low as 18k but questionable maintenance history).
Luckily the first two owners of my car kept a record of maintenance, quite a thick folder lol and it just got thicker on my ownership.
Mystic Blue, sweet
@@GlennsCarCollection Seeing a my Mystic Blue, a Laguna Seca Blue and Interlagos Blue side by side, actually not being biased I prefer the Mystic blue in person. Interlagos blue is a close second, the Laguna seca dont really look that good in person imo.
I feel this in my heart ❤️. I need to get this ASAP. I had to sell my emola red due to my financial situation at the time. I need it in my life
Good Luck, hope you get none soon
I bought one for 12k. It’s alright 2002 lsb manual but I didn’t know it was painted lsb and probably converted to manual. It’s all good tho cause everything has been replaced and no subframe crack. Previous owner replaced every trim and mounding plus he switch it to led taillights
Cool, congrats
I can’t find any, anywhere can someone suggest me where I can find lost of em
Coupes are nice, but the lines on the E46 M3 Convertible with Factory Hardtop are a designer's Dream Car.
I have an 4 door LSB that has been my daily for the past 3 years, just got a 335i 6MT and I still go back to my 4 door S54 every day.
4 door ?
@@GlennsCarCollection I call it the 332i 👍
I think they will go up a lot soon- I’ve got a OEM converted to Full CSL spec M3 including all the interior,carbon roof, airbox, Lamborghini Ceramic 390mm Brembo brake setup, KW Clubsport suspension - full showcar - it’s a keeper as it’s gorgeous
Nice !
I bet the SMG model will be more rare and bring a higher premium in the future. Mark my words
TimeLapseCarGuy Bruno worst gearbox in the world ever
@@pheasantpluckersson2138 it's the same trans as a manual
I looked for one for about one year then threw in the towel. Could not find one that had had the rod bearings subframe crack and Vanos taken care of. Also it would have been taken too much money to make the exhaust sound how I liked. Beautiful, and great video now.
thanks. Hope you try to look for one again
I got mine with 60k miles 1/78 sterling gray individual for a bargain . 21500, I just did the rod bearings, vanos, and rear subframe. Just so that it can last a long time. It’s not my daily driver . It’s more of a garage queen. Oh and it does have the 6 piston brembos 😊.
Nice !
Hi. Would you ever sell this car ?
Picking up a 2003 Carbon Black with 84k original miles this week, wish I could’ve found a better color but this one has all of i’s dotted and t’s crossed maintenance wise, so I figured it was a good option
Cool, Carbon Black is sweet
Glenns Car Collection When it’s clean yes
Glenns Car Collection I definitely prefer it over a Silver E46, but something like Phoenix Yellow or Imola Red and I would be set for life
Yes, E46 is a great car but what about E92 m3? When they will start appreciating?
watch for that in an upcoming video
I agree! I bought my lemans Blue metallic black interior 6sd only 1 half years old Ive done the big 3 (vanos rubuild, subframe mount reinforcement, rod bearings) and tons of maintenance. I will never part ways with mine, I will Just add to the collection
Great choice
Got a 05 M3 ZCP so rod bearing issue is not such a big worry as pre 05 models . Interlago blue was not my first choice but took time to like some thing new. Definitely did my PPI list with a mechanic. Slight Downside is I got a SMG with a very long 1st gear if in Drive which needs a lot of gas pedaling, so I instead drive in manual to. The ticking vanos and subframe are major things to be attentive too. Last, I would not count yet on it going up in value until it happens. For now , buy the car because you like it driving it. Not for the sales talk.
i love Interlagos blue. I had it on my 2008 M3
I'd the E45 in convertible form. Absolutely loved it. Till I got into the Alfa Romeo Giulia, it was the only car that automatically made me grin every time the car was fired up.
I drove the Giulia Quadrifolglio and i was amazing. hope to own one someday
@@GlennsCarCollection I only lease now and because it was so unknown, I got a Q4 non Quad last year (living in Jersey and all). When this lease runs out, I'm convinced I'll go back pick another Giulia.
There was a typo. I meant E46, not 45.
I'm going tomorrow to get one , I inspected it , they did the subframe , but it has the goddamm M clunk , but the most important thing it has 3 pedals
3 pedals is most important
What would you recommend to me, Im 18 and recently sold my e60 for a wrx because I hated the bmw maintenance prices but I’ve just been missing the way they drive so bad and now with selling this wrx I could get an e46 m3 with all new bearings, timing belt, water pump, the vanos is untouched sadly I believe but besides that it’s looking like everything that needs done has been recently, I’m going to automotive school so I have mostly all the tools I’d need to work on it myself, do you think it would be a huge mistake to get one or do you think with the price going up on them it would all somewhat balance out for me at the end, this has been my dream car for years and now that it’s finally obtainable for me I really don’t want to pass it up
Great a real good ppi and have a few grand socked away for each year for maintenance and repairs. I would expect $3k a year would do it.
218k here. Runs strong just needs a paint job. They are chip magnets.
yes, they are
Do you think a grey interior is going to kill the price?
No. Those are nice and I wouldn't mind it. I don't think anyone would
No, if the contrast between interior and exterior color is not that much different. With sports car yellow or red exterior color, anything goes well for interior color.
it's personal preference
Great video. In addition to a 6sp coupe, mileage, and condition, you need to be mindful of color. I've been shopping for my 2nd E46 M3 for the last 6 months (nationwide), and the market is cluttered with silver and carbon black exterior M3s. Those are dime a dozen. Look for more rare combos, like alpine white with red or cinnamon interior. Laguna Seca Blue are super rare also. If you can get your hands on a ZCP, do it. This is a car to drive, not put away to flip.
Yup, I agree with you on the color
Im thinking of getting one for my summer vacations in my home country. Which one to choose though? Manual or smg? Coupe or cabriolet? And why?
Also does any1 know if the rumours are true about the built quality being different depending on which country of the EU you oy buy it?
Manual coupe. The convertibles have a lot of flex, coupe is stiffer but it depends if you are driving it like a sports car or just want to cruise around and enjoy the scenery
I doubt there is a difference. they are mass produced on an assembly line
Mystic blue looks great
it sure does
I have a mint condition 04 Imola red M3 with SMGII. I absolutely love my car. The fast shifting and the experience you get when driving is just so hard to find nowadays. Just hit 105k. Cars are meant to be driven so regardless of its amazing condition I still daily it!!
Can't take it with you so may as well enjoy it!
make a great daily
You're right
Do you think a manual converted (from smg) e46 m3 will climb in value or will the "modification" make it one that buyers shy away from? I by the way am one that loves the smg.
It is manual and a skilled pro can do it no problem.
@@artz330
On a recent episode of Wheeler Dealers , they converted a 2004 M3 from an automatic to a manual. (Season 15, Episode 21) According them , it was relatively easy because all the M3 were built to handle a manual including the opening for a clutch . I couldn't do it but for them it was not that much work and did not seem too costly. Watch if you get a chance . Based on that show , I would consider buying an automatic and having it done.
@@ejhickey im familiar. I built the worlds first 430 scuderia 6 speed and recently the new 2020 a90 supra.
They will eventually, but don’t expect to get the same value as a factory manual car, converted smg will always sell at a discount
@@samwisee not true at all.
How much is stock original e46 m3? How much, I want one, and I drive a bmw 2003 325 ci it’s great. I want a m3 manual shift no smg all stock.
$20-$30k depending on color, options, history, service records
Glenns Car Collection dang, I’m saving my money lol.
Great vid. Just bought a one owner 100k mile 2002 with all the service records! Just wondering what your thoughts on the E39 M5 are? I’ve been torn between these two beauties. I went with M3 because it was super clean and a little cheaper but someday I think I need that V8.
I was torn between both as well. I went E46 because it is more of a back roads car, handles better, more nimble. E39 more of a highway car, long distance cruiser, but it would be fun to own one of each
My first BMW was a black 02 330ci convertible with a manual and M3 rims. Loved this car! This generation of the 3 Series is what got many people hooked on the brand including myself! The E46 M3 is bound to go up in value based on demand and collectibility.
Good point
I hope this comes true! I have a 2001 manual coupe and I love driving it. It's at about 90,400 now. That said, I would love to eventually get a more recent weekend car and sell my M3 for more than the $18k I paid, back when it had 54k on it in 2013.
Cool, mine has 90,500. Sell in Spring/Early Summer and you will get the most for it
@@GlennsCarCollection Funny you'd reply this morning. I had a dream last night I was about to sell the car, with the buyers riding in it with me, and I had to tell them I felt like I was making a mistake and needed to keep it! Haha, I guess I'll be driving it today to be thankful that wasn't true! I do love it. It's not time yet.
Do the later 2003 m3s still have rod bearing issues?
There was a recall for rod bearings for model years 2001-2003.
How did the General Tires feel compared to a most standard tire like the PSS?
adequate, not as good as PSS but cheaper price point
Amazing car hope you fully enjoy it. Ive got the same color!
Btw looks like you need to recenter the m3 badge on the trunk fyi
Sweet, Mystic Blue
Good advice
you're welcome
Hey Glenn I’m having a serious dilemma I was hoping I could get some of your input...
I purchased an 04 M3 with 126k miles, $14750 US. Jet black with Cinnamon interior. Whenever it finally arrived we drove it for 50 miles and it started making a lot of noises. Took her to the mechanic and the rod was spun. The car required a new crankshaft, rod bearings, and while they were in there they did the VANOS too, as well as clutch and engine mounts. I am $26k in on this high mileage M3. What do you think I should do? I love the car but I feel like I bought it wrong...
Please help me man your words of wisdom would really assist in where I take this car next.. thanks Glenn!
If you planned on keep the car for a long time you were gonna have to do all of that stuff eventually anyway. It sucks that you spend so much so fast, but now you can drive the car with a peace of mind
Axel Davis yeah man I got screwed super quick. It was a total engine rebuild. Just don’t want to keep spending knowing I won’t ever get any $$ back. Feel like I should have gotten an m2 or Supra, just not sure how long I should hold on and if it’s worth it
Would love some input @Glenn
unfortunately you probably did buy it wrong, but they are old cars and that can happen to any of us, no matter how much homework we do. It's a shame you had to rebuild the engine right after you bought it but it sounds like your M3 is now ready to go and enjoy for many years to come. Unfortunately if you sell now, its still probably only worth $15-16k. I would keep it, the longer you have it the better chance you could sell it for $26k in a few years. When something catastrophic happens, you have two choices, cut it lose to the mechanic for $10k or spend the money like you did and enjoy it. Drive the heck out of it and don't save it for the next guy. The M2 is a great choice but they are still depreciating. At some point both cars will be worth $26k and that's when you sell and switch over. Congrats on your M3 !
Good advice. Now that the work is done, you drive and enjoy
Some good advice in this video Glenn. 👍🏻
thanks Healthy
Hey Glen, long time subscriber and I love your content. I have a few questions about the E46 M3. Right now I am a senior in college and graduate in May. Do you think the market will explode on these cars in that time? Do you think it's worth it to spend $20k-$25k on an E46 vs an E92. Do you think the car is daily'able (weather permitting)? I've wanted one of these since I was 5 years old and I'm afraid they'll be unobtainable once I can finally afford one. Thanks!
I just bought an 03 with 105k miles for $14k in alpine white with cloth interior. deals are still out there. I've put $3k into all the preventative so I'm in under 20k for a well-sorted car. It's definitely worth finding one now!
Michael Wahba thanks for the response. Is yours manual or smg? And what preventative maintenance did you do if you don't mind me asking? Thank you!
Axel Davis mine is a 6spd! I did the vanos and subframe. Rod bearings were done under recall. All in with parts I was under $3k for the car to be bulletproofed. Only have left to do is the cooling system and it’ll be ready to go.
@@Michael-pz6oj I'm in the same boat, I have done the subframe reinforcement and did all the beisan stuff for the vanos; as far as the cooling system us concerned, are you just updating it with oem parts or are you ooting for an aluminum radiator and expansion tank or just oem?
Caesar Guzman definitely OE. The OE radiator is very robust unlike the e36 cooling system, the e46 cooling is pretty solid. I know plenty of guys who track on a fresh OEM radiator and water pump and they do just fine.
stock exhaust / muffler?
not sure, still trying to figure it out
You can't have my 2005 Imola Red over cinnamon M3 with 45k miles. NOT FOR SALE!!!!!
You know youd take 100 k from a Dubai oil money guy
Nice
He's right....even a stock super clean Entwicklung46 will be profitable.
I agree
Love your car, Glenn
thanks Glenn
Just did! Let’s goooooooooooo
Congrats ! Enjoy
I had an 03 pheonix yellow(smg), 04 titanium silver(smg) and 04 estoril blue vert(6spd)
Rule number one* Stay away from smg. I found say a 6spd coupe is pretty much the way to go, having said that the getrag manual transmissions are pretty notchy and don't like to be driven in cold. From my experience the E46 M3 is overhyped, I now have E90 M3 and it's leap ahead of the E46
Great comment, I had an E90 M3 as well
Glenn is right, they don't make cars like this anymore (and they never will again for anything that cost less than 100k). It's not the fastest car by today's standard, but it is plenty quick enough and the way the power, the noise and speed builds from 5500 rpm to red line is intoxicating. I'm calling this out specifically because while there are lots of great things about the E46m3, I think it's this engine characteristics that makes this car so desirable for so many car enthusiast. This engine not only defines the performance characteristics of this car, but also represents an entire generation of high performance cars from a bygone era that we probably will never see anymore.
What you get when you buy an E46 M3 (and why everyone loves them) is you get one of the most engaging and fun car money can buy at any price. In the sub $50k price range, there are almost no cars out there that will check all these boxes: 1) High revving, high output N/A engine, 2) manual transmission, 3) RWD 4) Engaging Steering, 5) Great handling dynamics. Off the top of my head you have the S2000, which is probably a more engaging / visceral car but is slower (especially the AP1s); and the E9x M3, which is faster but is heavier and doesn't have as nice of a steering feel as the E46. That's literally it. The 996 911 of the same era should be on this list as well and IMO is currently THE performance bargain right now because it is so maligned by the Porsche community. But the thing is, I'd rather have the E46M3 than any 996 non-turbo or GT cars. IMO it is arguably a worse car than the E46 M3, and certainly the interior of the 996 have aged far worse than the E46s.
Anything else should be on that list? 1st Gen Porsche Cayman S?
Prices for good condition, (relatively) unmodified ones has been going up, but I think BMW made way too many of these for prices to raise super quickly. What I'm seeing now is a little bit like what's going on with all the Porsche GT cars. Low (
Great comment, Sam. As a former owner of two S2000's, an E90 M3 and a 996 C4S, I agree with everything you said.
I test drove one and I can say it felt heavy and sluggish and this car was immaculately maintained. Would I pay anymore than £10000 for a manual m3 absolutely not.
My opinion is that it felt disconnected from steering felt like you’d turn a little an nothing would happen for a bit.
Maybe I didn’t drive it right but I got back into my 5 series e60 and it felt much better
all the power is over 5,000 rpm, if you stay below, its just a regular car
Honestly I'd rather buy one with high miles and restore it as opposed to buying a low miles car that's still prone to breaking. Yeah the car will nickel and dime you to shit (at least mine did) but remember you're putting it into a car that'll appreciate.
good point
Ameer Khan picked one up at 150k for 14k with extensive lists of modifications, everything that could go wrong has been replaced and upgraded .. pre purchase inspection summed up the car is basically brand new with all the reinforcements - with a couple bells and whistles as well .. csl carbon fiber trunk , bumper , whole interior decked out with carbon fiber .. csl airbox with the tune .. perfect exhaust system installed as well catless agency power headers with the agency power exhaust makes the perfect sound .. will still be fun to maintain the car regularly but she’s a beauty I am thrilled with it .. I tell anyone don’t let high Milage cars scare you away!!! These cars are known for having meticulous owners who cared for them properly just have to get lucky and find the right one when the time is right
Yeah I know this video is doing the opposite of helping because if enough people start saying it, collectors will smell blood and try to snatch up every clean one possible destroying the great value. I’ve been in love with my non m3 e46 since before I got it the m3 has to be my next car
They already are, look at what EAG is asking for clean E46 M3's
I'm stuck with a 325i sedan 5 speed :(
5 speed, cool
Same :(
L😍VE Mine! I don’t think I’ll ever part with it.
Me neither
I did get myself an E36 M3 when they reached their lowest price, 3y ago here in Portugal. I did my research too, 3 years consulting the prices on the internet. I almost finished my project. I'm getting my oem M3 mirrors this week, just got my differential rebuild last week, and my Vaders in the car last month. Pretty good evolution lately 💪🏼
Congratulations on your purchase! The E46 is one of my favorite M3's. Really nice piece 👏🏼
thanks, Congrats on your purchase as well
Im glad i got one 2 years ago while they were cheap. Too bad mine with 8 prior owners titanium silver with grey interior and 130k miles isnt going to be worth a thing to collectors lol
but you can enjoy it and put all the miles on it you want without affecting value
The high mileage E46 M3’s will continue to be affordable. Only the low mileage ones are going up in value, but they’ve been doing that for a few years now, so this video isn’t really applicable to what you’ve said regarding the current values.
I bought my 2003.5 manual coupe with 97k miles, for $19k 8 years ago. A same color/tear/mileage/specs one today, sells for around $17-18k. So prices have stayed relatively the same for a while now, but like I said, it’s the low mileage bones that are getting pricey now, not the higher mileage ones.
Good point
2005, 2006 IB ZCP, Best
Oh yeah, my friend has one
Is there a year better than others? I'm just starting to get serious!
year doesnt matter that much. A highly maintained car with service records does
@@GlennsCarCollection thanks
I’ve been looking for a 4 seat car for a while. You are so right about condition, not mileage. The condition of the typical E46 M3 is terrible. The E90/2 is not as nimble but a better value for money. A good one is at least $20k+ as you said. I’ve driven about 5 E9x cars $20k to $25k and they are all in great condition.
If I didn’t need a back seat I think the S54 bargain is the Z4M roadster which is like $15k to $25k. These are more likely to be second cars for rich guys and better maintained than E46. I think the Z4M is the better car in terms of wheelbase, chassis, steering, brakes, sitting position, and interior quality. The E46 has a back seat.
Great comment,. I agree
M2 ZCP pretty close, more powerful but not quite the looker of an E46 non aspirated “M”.
I agree
Just ordered new transmission for my M3 from bmwHonolulu. Trying to referb everything except the engine. Remember this car used to cost $48,000
Good point
awesome
it sure is
I have a Carbon Black 6spd 95,000 miles for sale
Nice
I would if the registration wasn’t so damn high in my country, at least I have my e46 320d
What country ?
Glenns Car Collection Serbia
Honestly they are a royal pain in the ass to maintain and work on. BMW didn’t make working on it user friendly in my opinion. But regardless I love my E46 M3 & don’t think I would ever part with it. It’s just a unique car and they don’t make em like that anymore.
Well said, all true
I'll be buried with mine.
Me too
Sure thing, just lend me a couple thousands of Euros and ill buy it all right🤣 ill even throw in my E46 320D🤣
I have one
Nice
I have a 04 330ci 6 speed and I love it so much! Everyday I debate on weather I wanna get a E46 M3 or E92 M3 for my next car. I can never make up my mind!
Love the channel btw. Keep up the great work Glenn. Do you have an Instagram page? I think it’ll be easier to talk to subs that way.
yes, same name @glenns_car_collection. This whole thing started with IG. My IG followers asked me to start a YT Channel
AJ Figgy you can’t go wrong with either !!
I’ve owned one for two years now, I like it but just don’t understand why people hype them up so much. Let’s be honest, they are slow, awful inside, low tech an engine that needs a lot of maintenance, rust like crazy, shit brakes & cost a fortune to fill up constantly with little to give back.
Yes they rev to 8000rpm but being N/A you have to wait half an hour to get up there, while a smart car darts past you because it has more bottom end torque. There’s a reason nobody bothers with N/A and that’s because it’s prehistoric, inefficient and bloody dull
It's almost too late to get one of these, unless you have deep pockets. They will all be $50k in the couple of years.
I agree 100%
I think only the extremely nice examples will bring big money in the future. They made too many of them. I daily one and it’s never never going to be a big money car. 10 to 20 k for the rest of time.
yep
Like 2 years late
Yep, for sure
I have a BMW E46 318i Sleeper with S54 engine and M3 drivetrain, love it 😍👌🏼 Check my videos on it
Having such a hard time looking for a good condition m3...
Yeah, me too. Was looking for years to find another
My garbage m3 is rotting in my garage cuz I can't afford the smg pump. $ 4000 !
sorry to hear, hopefully you can get it back on the road soon
Manual conversation is cheaper than that I think.
I have 330ci😖
still a great car
Couldn’t quite afford the m3, but still up in the ranks 👍
You've owned 100+ cars yet your camera gear is still shit
Cmon man, you've got the money, step it up
So many of them, there will always be a bargain
Kung Tita
Interesting because I was looking for a while before I found one. E46 m3 is a rare car indeed. Where I live there were 2 total for sale and neither was the setup I wanted. I finally found one. Not like buying a Honda, Toyota, and etc.
Glo Glo in London they are everywhere
Kung Tita
Oh wow. That is crazy. Great car indeed. I’m never selling mine. Low miles and I drive it once per week.
Glo Glo I suppose if your never going to sell it, it doesn’t matter what it’s worth as you will never cash in, if it’s worth a lot to you that’s the main thing !!
Wish I had one............. check out “ Calvin’s car diary “ he just got one off eBay for less than £6k
Kung Tita
I’ll check that out that out. The e30 m3 was the same way and not it goes for 75k and up. Just crazy. Thanks for the chat.
If you are planning to buy this car to make a profit forget about it
I’ve owned mine for 33k miles, currently at 209k miles. It’s been super cheap to maintain, and rarely needs anything. In the last 10k miles I’ve probably spent $80 on repairs. Not kidding.
@@curtislovrak5390 That was not my point, I never mentioned anything about reliability, also if you got it at 180k I am sure everything was sorted out otherwise it would not have made it there. My point is this is not a car to flip to make money, it is idiotic to think you will make a profit on this. If you bought one 5 years ago and have a super clean low mile one maybe you can. The window on making a profit on this is long gone.
Facts
@@PHFilms3 my m3 just hit 190k. I didnt really care for high mileage. I buy cars to drive and enjoy. If I want to invest in something, i would be in the stock market, not cars.
Nice
lol Yall buggin get a Porcshe all day better value .. dem m3,s(had 1) they leak oill and cooling system is mostly plastic they break when ya drive them hard and hard to fix .. bad option is one of those they all leak oil FACTS!
I bought 2 e46 m3 2 years ago!! I going to keep it!! 🙌🙌👌 my IG @rudye46m3
Congrats
Hey glenn. You're a few tools short of a full kit.
Lmfao you could buy a junk smg vert for $6,500 in Cali easy 130k miles
i wonder if this guy even wrenches and i dont mean on himself
I’m considering selling my 05 carbon black vert 6 speed with hardtop now after watching this IG matador_matty
Cool
My Z4 M Coupe is so much better. Sorry. I am lucky to own both.
the Z4M Coupe is definitely on my list. I had a Z3M Coupe
E90 m3 is a better car and f80 is superior to all