Certified Luxury Auto

1005 N SCOTTSDALE RD, Scottsdale, AZ 85257
4.4
4.4 out of 5 stars

Used 2002 BMW M3 Base

103,328 miles
For Sale:$12,995

$3,000(-18.8%)price drop

Estimated payment:$295/mo.
$0 trade-in, 10% down payment, 48 months, Great credit score

Value ChartA visual chart indicating the fair price range is between $23,200 and $27,200, while the current price is $12,995.$23,200 - $27,200$12,995
  • Priced at $12,995, this vehicle is $10,205 (44%) below the low end of its fair market value of of $23,200.

  • The current fair market price range is between $23,200 to $27,200.Please exercise caution, as the price is significantly below average.

  • It has 103,328 miles, which is 26,228 (34%) above the median mileage of 77,100.

Note: This is an estimate based on a variety of factors (experimental feature). It is intended to provide a fair market value range to help guide your buying decision.

View Full Value Report

SequenceDatePrice ChangeCurrent Price
1.10/4/2025 (7 months ago)$13,995
2.10/4/2025 (7 months ago)+$2,000 (+14.3%)$15,995
3.10/5/2025 (6 months ago)-$3,000 (-18.8%)$12,995
  • Car
  • Convertible
  • Luxury
  • Fun to Drive
  • Condition
    Used
  • Mileage
    103,328miles
  • Aggregate Ratings
    3
    3 out of 5 stars
  • Generation
    3(2000 - 2006)
  • Trim
    Base
  • Drivetrain
    Rear Wheel
  • Transmission
    6-Speed Manual
  • Exterior Color
    Titanium Silver Metallic (Silver)Factory Paint Code:354
  • Interior Color
    Black Factory Paint Code:N5SW
  • Upholstery
    Leather
  • Doors
    2
  • Max Seating
    4
  • Max Towing Capacity
    0lbs.
  • Final Assembly Point
    Regensburg, Germany
  • VIN
    WBSBR93442EX24872
  • Starting MSRP
    $54,545

Engine3.2L I6 Gasoline 333hp

  • Fuel Type:Gasoline
  • Max Horsepower:333 hp @ 7900 rpm
  • Power to Weight Ratio:11.35lbs/hp
  • Max Torque:262 ft.lbf @ 4900 rpm
  • Displacement:3.2liters
  • Block Type:I
  • Cylinders:6
  • Aspiration:Naturally Aspirated
  • Fuel Induction:Fuel Injection
  • Cam Type:DOHC
  • Valves:24

Message from the seller

WEEKLY SPECIAL.................2002 BMW M3 CONVERTIBEL AUTO, Fully serviced and well maintained, Up-to-Date serviced and loaded with Leather, Power top, Power Seats, H/K Sound and much more...CLEAN TITLE.....................MULTIPLE FINANCE OPTIONS AVAILABLE All our cars are certified. We thoroughly inspect our cars before sale. We offer 30 days/1000 miles free power Train warranty (90 DAYS/3000 MILES FOR OUT OF STATE ) on all our cars. We also offer EXTENDED WARRANTY at nominal cost to our valued customers. WE ACCEPT TRADES AND SHIP CARS OUT OF STATE. WE PICK UP OUR CUSTOMERS FROM PHOENIX SKY HARBOR AIRPORT. For more information and to view the rest of our inventory visit our website at www.certifiedluxuryauto.com or call at 480-827-7679, you will be glad you did. OPEN SUNDAY. 11:30AM-3:30PM by appointment only.

* Based on opinions and should be considered as general guidance only.

  • Reliability (3)
    3 out of 5 stars
    The mechanicals are robust, but well-documented issues with the rear subframe, VANOS system, and rod bearings require proactive attention.
  • Maintenance (2)
    2 out of 5 stars
    Ownership costs are high due to the 'M-tax' on parts, the requirement for specific synthetic oils, and the need for periodic valve adjustments.
  • Technology (2)
    2 out of 5 stars
    The technology is very dated; the early navigation system is slow and the lack of modern connectivity options reflects its early-2000s origins.
  • Comfort (3)
    3 out of 5 stars
    While the cabin features high-quality materials and excellent sport seats, the suspension is quite stiff, which can be taxing on poorly maintained roads.
  • Dynamics (5)
    5 out of 5 stars
    The high-revving S54 inline-six engine combined with a near-perfect 50/50 weight distribution makes this one of the best-handling sports cars of all time.

  • Comfort & Seating:

    • Power Seats
  • Convenience:

    • Automatic Climate Control
  • Entertainment:

    • Premium Audio
  • Exterior:

    • Heated Mirrors

  • Air Conditioning

    • Front air conditioning: automatic climate control
    • Front air conditioning zones: dual
    • Front air conditioning
  • Airbags

    • Side airbags: front
    • Front airbags: dual
  • Audio System

    • In-Dash CD: single disc
    • Radio: AM/FM
    • Premium brand
  • Brakes

    • ABS: 4-wheel
    • Power brakes
  • Comfort Features

    • Steering wheel trim: leather
  • Convenience Features

    • Steering wheel: tilt and telescopic
    • Center console
    • Cruise control
    • Power steering
    • Multi-function remote: keyless entry
    • Steering wheel mounted controls: audio
    • Memorized settings: driver seat
    • Rearview mirror: auto-dimming
    • Multi-function remote: trunk release
  • Drivetrain

    • Limited slip differential: rear
  • Instrumentation

    • Clock
    • Gauge: tachometer
    • Trip odometer
  • Lights

    • Daytime running lights
    • Front fog lights
    • Exterior entry lights: approach lamps
  • Mirrors

    • Side mirror adjustments: power
    • Side mirrors: heated
  • Roof

    • Convertible roof: power
  • Seats

    • Front headrests: integrated
    • Front headrests: 2
    • Upholstery: leather
    • Rear seat type: bucket
    • Driver seat power adjustments
    • Passenger seat power adjustments
    • Front seat type: sport bucket
  • Security

    • Anti-theft system: alarm
    • Power door locks
  • Stability and Traction

    • Stability control
    • Traction control
  • Tires and Rims

    • Wheels: aluminum alloy
    • Wheel diameter: 18 inch
  • Windows

    • Front wipers: intermittent
    • Window defogger: rear
    • Power windows

  • Seating:

    • Standard Seating:4
    • Max Seating:4
    • Head Room (front):38.4in.
    • Leg Room (front):41.7in.
    • Shoulder Room (front):54.5in.
    • Head Room (rear):36.9in.
    • Leg Room (rear):32in.
    • Shoulder Room (rear):45.9in.
  • Measurements:

    • Length:176.8in.
    • Width:70.1in.
    • Height:53.7in.
    • Wheelbase:107.5in.
  • Weight:

    • Curb Weight:3,781lbs
  • Wheels & Tires:

    • Wheel Diameter:18in.
    • Wheel Diameter (rear):18in.
    • Tire:255/40ZR18
    • Tire (rear):255/40ZR18
  • Performance:

    • Power to Weight Ratio:11.35lbs/hp
    • Turning Circle:36.1ft.
  • Fuel Tank:

    • Fuel Tank Volume:16gallon

All warranties have now EXPIRED

  • Corrosion
    6 years/unlimited miles
  • New Car Basic Warranty
    4 years/50,000 miles
  • Powertrain
    4 years/50,000 miles
  • Roadside Assistance
    4 years/50,000 miles
  • Free Scheduled Maintenance
    3 years/36,000 miles

  • LEV:

    • Air Pollution Score:2
    • Greenhouse Gas Score:4
    • Fuel Type:Gasoline
    • Epa Underhood Id:2BMXV03.2S54

The 2002 BMW M3: An Icon Reborn

The 2002 BMW M3, codenamed E46 M3, represents a pivotal moment in BMW's M Division history. It took the already acclaimed E46 3 Series chassis and infused it with a potent, motorsport-derived powertrain and meticulously honed handling dynamics. This iteration cemented the M3's reputation as a driver's car, a benchmark for performance sedans and coupes of its era, and a highly sought-after classic today.

Highlights

  • Engine: The heart of the 2002 M3 is the legendary S54B32 inline-six engine. This naturally aspirated masterpiece displaces 3.2 liters and boasts individual throttle bodies, delivering a thrilling crescendo to its 333 horsepower and 320 lb-ft of torque. The engine's responsiveness is immediate, and its ability to rev to an 8,000 rpm redline is a testament to its engineering prowess. It's a symphony of mechanical precision and raw power.
  • Safety Features: BMW equipped the E46 M3 with a comprehensive suite of safety features for its time, emphasizing both active and passive protection:
    • Anti-lock Braking System (ABS): Prevents wheel lock-up during hard braking, allowing the driver to maintain steering control.
    • Electronic Stability Control (DSC - Dynamic Stability Control): Monitors wheel speed and steering input to detect and correct oversteer and understeer by selectively braking individual wheels and reducing engine power, enhancing stability in challenging conditions.
    • Front and Side Airbags: Standard dual front airbags provide frontal crash protection for the driver and passenger. Side airbags were also available or standard depending on the specific configuration, offering additional torso protection in side impacts.
    • Seatbelt Pretensioners: Automatically tighten seatbelts during a collision, reducing slack and ensuring occupants are held securely in their seats.
    • Crash-Optimized Structure: The E46 chassis was designed with a reinforced body structure to absorb and dissipate crash energy effectively, protecting the occupants.
  • Trims: The 2002 M3 was primarily offered in two distinct body styles, catering to different preferences:
    • M3 Coupe: The quintessential M3 experience, offering a rigid chassis and the iconic, sporty profile.
    • M3 Convertible: Providing an open-air exhilaration without significantly compromising the M3's performance credentials.
  • Other Notable Aspects:
    • SMG Drivetrain (Optional): Alongside a standard manual transmission, the M3 offered the Sequential Manual Gearbox (SMG II). This single-clutch automated manual transmission featured paddle shifters on the steering wheel, allowing for lightning-fast gear changes and a more engaging driving experience for those who embraced its unique character.
    • M-Tuned Suspension and Brakes: The M3 received specific suspension tuning, including stiffer springs, dampers, and anti-roll bars, along with larger M-specific brakes, to handle its increased performance and deliver exceptional road holding.
    • Aerodynamic Enhancements: Subtle yet effective aerodynamic aids, such as the sculpted front bumper, side skirts, and rear spoiler, contribute to its aggressive stance and improved high-speed stability.
    • Driver-Focused Interior: The interior is designed around the driver, with supportive M Sport seats, clear and concise instrumentation, and logically placed controls, creating an immersive driving environment.

What to Expect

Owning a 2002 BMW M3 is an experience that blends exhilarating performance with the practicality of a refined German sedan. You can expect a car that rewards attentive driving, with precise steering, communicative feedback, and a powerful engine that begs to be explored. The ride quality, while firm, is generally considered quite livable for daily driving, striking a good balance between sportiness and comfort.

Maintenance: As a high-performance vehicle from the early 2000s, regular and meticulous maintenance is crucial. The S54 engine is known for its robustness but also requires diligent attention. Common maintenance items include:

  • Oil Changes: Frequent oil changes with high-quality synthetic oil are essential.
  • Valve Adjustments: The S54 engine requires periodic valve adjustments, typically every 15,000-30,000 miles, to maintain optimal performance and prevent potential damage.
  • Rod Bearing Issues: This is a well-documented potential issue for the S54 engine. Early detection and proactive replacement are highly recommended to avoid catastrophic engine failure.
  • Cooling System: Inspecting and replacing cooling system components like hoses, water pump, and thermostat is vital to prevent overheating.
  • SMG Maintenance: If equipped with the SMG transmission, its hydraulic system and clutch will require specialized maintenance.

Insurance: Insurance costs for a 2002 M3 will vary significantly based on your location, driving record, age, and chosen coverage levels. However, due to its performance capabilities and enthusiast appeal, expect insurance premiums to be higher than for a standard 3 Series of the same era.

Potential Considerations

  • Rod Bearing Wear: As mentioned, the potential for rod bearing wear is the most significant concern with the S54 engine. Regular oil analysis and proactive replacement are highly advised. Ignoring this can lead to very expensive engine damage.
  • Subframe Reinforcement: The rear subframe mounting points are another known area of potential stress and cracking on E46 M3s. Reinforcement kits are available and are a wise investment for owners looking to preserve their vehicles.
  • Vanos System: The Variable Valve Timing (Vanos) system can sometimes develop issues, leading to a loss of power and rough idle. While often repairable, it's an important component to have inspected.
  • Age-Related Wear and Tear: Being over two decades old, expect typical age-related wear on rubber components, interior plastics, and electronics. The cost of repairs for these items can add up.
  • SMG Reliability: While offering a unique driving experience, the SMG transmission can be more complex and potentially more expensive to repair than a traditional manual gearbox if issues arise.

Overall Summary

The 2002 BMW M3 (E46) is a legendary driver's car that continues to captivate enthusiasts. Its sublime S54 engine, exceptional handling, and timeless design make it a truly special automobile. While it demands attentive maintenance and awareness of potential age-related issues, the rewards of ownership – the exhilarating driving experience and the connection to a piece of automotive history – are immense. For those seeking a pure, engaging driving machine that offers a blend of performance and refinement, the E46 M3 remains an outstanding choice and a benchmark for the M3 lineage.

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Listed on October 4, 2025 (7 months ago)
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