to be exact. And if you're reasonably well-versed on M3 prices, you're probably thinking that for that sort of figure, it has to be an SMG-equipped car, or a convertible. Well, you're wrong, because it's neither. This is the cheapest manual M3 coupe for sale at the moment. And no, it doesn't have the sort of gopping interior or exterior colour scheme you might expect.
What it does have is a full service history, according to the seller - something almost non-existent at this price point with all of the above boxes ticked. This, then, sounds like a bit of a bargain.
There is, of course, a catch, and it's the mileage. Mind you, this M3's 150,000 miles are not preposterous - indeed, were you to apply the old 10,000-mile-a-year rule, it'd be below average.
Of course, the same would apply to pretty much every M3 out there, so let's not kid ourselves: this is a bit of a leggy M3. There's more, too: the advert wording isn't exactly of the sort that inspires confidence in the fastidiousness of the owner.
But perhaps you're prepared to give the benefit of the doubt. After all, of course, sloppy spelling and photography do not a lemon make. That being the case, the only bugbear is the mileage - and of what concern is that? BMWs of this era are known for their ability to rack up big miles, and while the S54 engine is more highly strung than most, there's no reason why that shouldn't still apply.
In short, then, this is probably not the best E46 M3 in the world, but at this price, it's still worth taking a punt on. Chances are it won't be a keeper, but if you really want to scratch the M3 itch for a year or two and money's tight, it's not a bad shout. Let's face it: prices are only going up, which means this might be your last chance to buy a manual M3 coupe with a full history for £7,000. All of which makes this particular cheapest-of-the-cheap example look a cannier buy than most.
BMW M3 (E46)
Why you should: It costs peanuts and ticks all the right boxes...
Why you shouldn't: ...except the one marked 'mileage'.
See the original advert here.