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At $12,900, Is This 2003 BMW M3 Drop-Top A Drop-Dead Good Deal?
At $12,900, Is This 2003 BMW M3 Drop-Top A Drop-Dead Good Deal?-April 2024
2024-02-19 EST 22:09:34

Image for article titled At $12,900, Is This 2003 BMW M3 Drop-Top A Drop-Dead Good Deal?

Today’s M3 is a convertible that’s also been converted to a six-speed manual. Might that make it worth converting some cash to buy it?

Different people like different kinds of dogs. That’s why they make them in so many different models. Some folks like big dogs. Others like little yappy dogs. Seriously, even those little guys have their fans.

That same dichotomy can be applied to cars, and when it comes to Toyota Supras there are certain years that are far more beloved than others. As far as your comments were concerned, yesterday’s was one of the more meh years. That reaction didn’t do its $11,500 asking price any favors, and it fell in a not-so-super 62 percent No Dice loss.

As most of us know, the current Supra is a thinly veneered version of the latest BMW Z4. The cars share engines, suspension geometry — all the important undergarment stuff. The major difference between the two is that the Toyota is a cramped coupe while the BMW is an open-air roadster. Both cars are fairly tight inside, but the Bimmer feels more expansive owing to its larger window openings and its convertible top.

Image for article titled At $12,900, Is This 2003 BMW M3 Drop-Top A Drop-Dead Good Deal?

If that’s an important consideration for you, then you will no doubt be interested in this . That’s because its top goes up and down and, unlike either the modern Z4 or Supra, it can carry four in a pinch.

Along with that soft top, this E46 offers a six-speed manual. It apparently didn’t come from the factory that way, however. According to the ad, the manual shift was part of a recent round of maintenance and other work. Further updates include new tires on 19-inch Style 359 wheels plus new halo-style bi-xenon headlamps for the otherwise stock-appearing nose.

Image for article titled At $12,900, Is This 2003 BMW M3 Drop-Top A Drop-Dead Good Deal?

Power is provided by BMW’s vaunted 3.2-liter S54 straight-six. That’s good for 333 horsepower and 262 lb-ft of torque. That latter number is reached at 4,900 rpm, while the former requires spinning all the way up to nearly 8,000to get the goods.

All that power gets pumped through a new clutch and that after-the-fact installed Getrag. The ad notes that the engine has had all of its connecting-rod bearings replaced as well as its VANOS solenoid. Along with that, it’s had a round of fluid changes. That seems like a smart move on an M3 with 150k on the clock.

Image for article titled At $12,900, Is This 2003 BMW M3 Drop-Top A Drop-Dead Good Deal?

The rest of the car doesn’t appear to show those miles. The Topaz Blue paint seems free of major flaws, exhibiting only some minor scraping on the leading edge of the deep front air dam. All the trim is intact, and all the glass looks clear. The top is free of any rips or stains and is said to operate — both up and down — without issue.

Image for article titled At $12,900, Is This 2003 BMW M3 Drop-Top A Drop-Dead Good Deal?

The interior presents in similar fashion, with only minor wear on the sport seat bolsters and a good bit of shine on the steering wheel leather. All of the display pixels seem to be doing their thing, and there’s no evidence in the center console that this was not born as a manual. You do get those back seats that I mentioned, and you also get the optional windscreen for when you want to go two-up and you don’t want your long, luxurious locks flying in your face.

The title is clear and the car is claimed ready to pass its smog test. That’s required to transfer a title in California, where this car now lives. Should you wish to move it to another state, YMMV.

Image for article titled At $12,900, Is This 2003 BMW M3 Drop-Top A Drop-Dead Good Deal?

Another factor to consider in that hypothetical title transfer is the M3’s price. That’s a cool $12,900, and it’s now incumbent upon you to vote on whetherthat’s a deal for the car as it sits. What do you think, is this manual-converted M3 worth its $12,900 asking? Or, does that price get an automatic No from you?

You decide!

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