Reasonable price for this E46 M3?
Discussion
Looking for my first E46 M3 now that I'm officially having my mid-life crisis and like the look of this one but just wondering if it's reasonable or vastly over-priced?
https://www.autotrader.co.uk/classified/advert/201...
Things that draw me to it are the CSL (if they're genuine) and other upgrades.
Your thoughts are much appreciated.
https://www.autotrader.co.uk/classified/advert/201...
Things that draw me to it are the CSL (if they're genuine) and other upgrades.
Your thoughts are much appreciated.
The ad says the CSL bits are genuine, I have no reason to doubt it. It's no bargain (in my opinion) so it depends on whether or not you value that extra kit (genuine or otherwise). If you do, there's your perfect car.
SMG though, not everyone's cuppa, but ok if it has been maintained.
GENUINE CSL WHEELS WITH MICHELIN PILOT SPORT 4S TYRES
GENUINE CSL FRONT BUMPER WITH NEW GASKETS, BOTTLE
GENUINE CSL CARBON FIBRE REAR BUMPER DIFFUSER
GENUINE CSL BOOTLID WITH BUTTON RELEASE
GENUINE CSL STEERING WHEEL WITH STORM PERFORMANCE PADDLE SHIFTS
GENUINE CSL GEARKNOB WITH ALCANTARA GAITER WHICH MATCHES ARMREST AND HANDBRAKE GAITER
C6 SATIN CARBON INTERIOR TRIM INC GEARKNOB SURROUND
KW V2 STAINLESS STEEL COILOVERS WITH ADJUSTABLE RIDE HEIGHT AND REBOUND DAMPING
PS DESIGN STUD KIT WITH STUBBY TYRE VALVES
AC SCHNITZER REAR BACKBOX WITH OEM STYLE TIP (LARGER)
EVOLVE CARBON AIRBOX WITH COLD AIR FEED TO CSL FRONT BUMPER
EVOLVE CSL ENGINE & GEARBOX SOFTWARE UPDATE TO 347BHP
PERFORMANCE FRICTION PADS ALL ROUND WITH 2 PIECE DISCS ON THE FRONT AND OEM REAR DISCS
GOODRIDGE BRAIDED HOSES
SMG though, not everyone's cuppa, but ok if it has been maintained.
GENUINE CSL WHEELS WITH MICHELIN PILOT SPORT 4S TYRES
GENUINE CSL FRONT BUMPER WITH NEW GASKETS, BOTTLE
GENUINE CSL CARBON FIBRE REAR BUMPER DIFFUSER
GENUINE CSL BOOTLID WITH BUTTON RELEASE
GENUINE CSL STEERING WHEEL WITH STORM PERFORMANCE PADDLE SHIFTS
GENUINE CSL GEARKNOB WITH ALCANTARA GAITER WHICH MATCHES ARMREST AND HANDBRAKE GAITER
C6 SATIN CARBON INTERIOR TRIM INC GEARKNOB SURROUND
KW V2 STAINLESS STEEL COILOVERS WITH ADJUSTABLE RIDE HEIGHT AND REBOUND DAMPING
PS DESIGN STUD KIT WITH STUBBY TYRE VALVES
AC SCHNITZER REAR BACKBOX WITH OEM STYLE TIP (LARGER)
EVOLVE CARBON AIRBOX WITH COLD AIR FEED TO CSL FRONT BUMPER
EVOLVE CSL ENGINE & GEARBOX SOFTWARE UPDATE TO 347BHP
PERFORMANCE FRICTION PADS ALL ROUND WITH 2 PIECE DISCS ON THE FRONT AND OEM REAR DISCS
GOODRIDGE BRAIDED HOSES
I’d say try a manual , to make sure , if choosing SMG , it’s best for you.
As for price , I think it comes to how much you value the extras. I’ve had my manual for nearly 4 years , it’s stock apart from a different stick shift.
I love chucking it around B roads.
I can’t imagine within the boundaries of my skill and opportunities on today’s congested roads I would benefit from any “upgrades”
Therefore I’d rather pay for same but lower miles , warranty , or less and slush fund for what will be inevitable maintenance on an old car.
If , as said , you’d benefit from upgrades , price is probably not that bad ; but maybe see if there are any similarly modded cars on m3cutters site , at least as a benchmark.
As for price , I think it comes to how much you value the extras. I’ve had my manual for nearly 4 years , it’s stock apart from a different stick shift.
I love chucking it around B roads.
I can’t imagine within the boundaries of my skill and opportunities on today’s congested roads I would benefit from any “upgrades”
Therefore I’d rather pay for same but lower miles , warranty , or less and slush fund for what will be inevitable maintenance on an old car.
If , as said , you’d benefit from upgrades , price is probably not that bad ; but maybe see if there are any similarly modded cars on m3cutters site , at least as a benchmark.
I wouldn't say it's overpriced but if it is a good base car you are paying c£5k or so for the modifications over an equivalent standard car. So I guess it depends if you really want those bits.
You could get a really good standard car for that money like the one below.
https://www.autotrader.co.uk/classified/advert/201...
You could get a really good standard car for that money like the one below.
https://www.autotrader.co.uk/classified/advert/201...
Very similar spec & history manual car was up for £12495.00 recently.
Wheels were reps but not sure it warrants a £7.5k premium for what might be genuine wheels and an airbox.
https://forums.m3cutters.co.uk/threads/e46-m3-manu...
My view, I wouldn't spend that on a car with no mention of RACP repair and so many mods taking it away from what collectors want.
Wheels were reps but not sure it warrants a £7.5k premium for what might be genuine wheels and an airbox.
https://forums.m3cutters.co.uk/threads/e46-m3-manu...
My view, I wouldn't spend that on a car with no mention of RACP repair and so many mods taking it away from what collectors want.
Thanks for the replies/advice.
I don't feel that the car I posted is too expensive - I calculated the cost of the upgrades and came to a figure of about £10k without fitting so there seems to have been quite a bit spent on it and from my own experience, people that spend that much tend to look after their cars. I'm not a collector/purist so having a stock example doesn't really appeal too much as I like to tastefully upgrade, which I feel that car has been.
Will try and get the registration to speak with the previous owner and Evolve to see if they can shed light on any issues that it might have/have had.
I don't feel that the car I posted is too expensive - I calculated the cost of the upgrades and came to a figure of about £10k without fitting so there seems to have been quite a bit spent on it and from my own experience, people that spend that much tend to look after their cars. I'm not a collector/purist so having a stock example doesn't really appeal too much as I like to tastefully upgrade, which I feel that car has been.
Will try and get the registration to speak with the previous owner and Evolve to see if they can shed light on any issues that it might have/have had.
I appreciate it's got some expensive mods, but mods just don't hold money on an E46 M3. Unless you buy it and you manage to sell them all separately.
20k is serious money for one of these. Personally I'd look for a very low miles normal M3 as a collection/concourse candidate, or a good CS for that price.
20k is serious money for one of these. Personally I'd look for a very low miles normal M3 as a collection/concourse candidate, or a good CS for that price.
As an E46 M3 owner I always keep and eye on prices. The market has moved on the CS’s now - £20-25,000 and beyond for low/average mile cars is the norm.
I paid £12,500 for mine in October 2017 (which I considered to be a little rich).
Silver Grey, full history (main dealer and at the specialist I used for my E21 323i). Manual, cinnamon interior, short shift, genuine CSL alloys and boot. 85,000 miles - but concours in every respect (I viewed cars with lower miles that were not a patch on mine). I had it tuned at work and filter upgrade. It also runs on upgraded shocks and dampers. It’s stock (and looks it) other than that and not a million miles from the car the OP has seen (which I am also aware of). I’d pitch that car around the £15,000 mark (possible up to £17,000). The mods do not mean much I am afraid.... the E46 M3 market is now an investment market for the best cars and they need to be as close to factory as possible.
Sorry, forgot to add.... mine also has Supersprint racing exhaust back box (£1500). I wouldn’t value my car anywhere near £20,000.
I paid £12,500 for mine in October 2017 (which I considered to be a little rich).
Silver Grey, full history (main dealer and at the specialist I used for my E21 323i). Manual, cinnamon interior, short shift, genuine CSL alloys and boot. 85,000 miles - but concours in every respect (I viewed cars with lower miles that were not a patch on mine). I had it tuned at work and filter upgrade. It also runs on upgraded shocks and dampers. It’s stock (and looks it) other than that and not a million miles from the car the OP has seen (which I am also aware of). I’d pitch that car around the £15,000 mark (possible up to £17,000). The mods do not mean much I am afraid.... the E46 M3 market is now an investment market for the best cars and they need to be as close to factory as possible.
Sorry, forgot to add.... mine also has Supersprint racing exhaust back box (£1500). I wouldn’t value my car anywhere near £20,000.
Edited by Genuine Barn Find on Wednesday 22 January 18:42
Just 2 questions from me.
Do you need back seats?
Do you want an SMG box?
Last month I bought a manual Z4M Coupe with the same S54 engine on 76K miles that was advertised at £14K with H & R coil-overs, 19" CSL Reps, strut-brace and other goodies!
IMHO that M3 seems ambitiously priced - if I'm being polite.
Do you need back seats?
Do you want an SMG box?
Last month I bought a manual Z4M Coupe with the same S54 engine on 76K miles that was advertised at £14K with H & R coil-overs, 19" CSL Reps, strut-brace and other goodies!
IMHO that M3 seems ambitiously priced - if I'm being polite.

Edited by Mr Tidy on Thursday 23 January 03:06
Mr Tidy said:
Just 2 questions from me.
Do you need back seats?
Do you want an SMG box?
Last month I bought a manual Z4M Coupe with the same S54 engine on 76K miles that was advertised at £14K with H & R coil-overs, 19" CSL Reps, strut-brace and other goodies!
IMHO that M3 seems ambitiously priced - if I'm being polite.
That seems very low for a Z4M coupe. High miles? Do you need back seats?
Do you want an SMG box?
Last month I bought a manual Z4M Coupe with the same S54 engine on 76K miles that was advertised at £14K with H & R coil-overs, 19" CSL Reps, strut-brace and other goodies!
IMHO that M3 seems ambitiously priced - if I'm being polite.

Edited by Mr Tidy on Thursday 23 January 03:06
Genuine Barn Find said:
Mr Tidy said:
Just 2 questions from me.
Do you need back seats?
Do you want an SMG box?
Last month I bought a manual Z4M Coupe with the same S54 engine on 76K miles that was advertised at £14K with H & R coil-overs, 19" CSL Reps, strut-brace and other goodies!
IMHO that M3 seems ambitiously priced - if I'm being polite.
That seems very low for a Z4M coupe. High miles? Do you need back seats?
Do you want an SMG box?
Last month I bought a manual Z4M Coupe with the same S54 engine on 76K miles that was advertised at £14K with H & R coil-overs, 19" CSL Reps, strut-brace and other goodies!
IMHO that M3 seems ambitiously priced - if I'm being polite.

Edited by Mr Tidy on Thursday 23 January 03:06
The seller paid just over £1,300 for the H & R coil-overs last September!
HolyMoly said:
Looking for my first E46 M3 now that I'm officially having my mid-life crisis and like the look of this one but just wondering if it's reasonable or vastly over-priced?
https://www.autotrader.co.uk/classified/advert/201...
Things that draw me to it are the CSL (if they're genuine) and other upgrades.
Your thoughts are much appreciated.
It’s been listed on Autotrader since 15th October, if it was a good deal it would have been snapped up by nowhttps://www.autotrader.co.uk/classified/advert/201...
Things that draw me to it are the CSL (if they're genuine) and other upgrades.
Your thoughts are much appreciated.
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