At BMWBLOG we are used to seeing high resale values on E30 M3s, 1Ms and E36 M3 Lightweights. Today – however – we found a 2005 BMW E46 M3 Competition Package – with a manual transmission – pushing the upper limits at $74,990. Enthusiast’s Auto has definitely developed a niche in used M cars that are in great shape and they also seem to explore the upper limit of what the market is.
The car has only 7061 miles on the odometer, it’s in pristine condition and painted in the beautiful Interlagos Blue color. The ad says the M3 has resided in a climate controlled garage since new and never seen inclement weather or spent a night outside. The E46 M3 is said to have a clean Vehicle History Report with no accidents and no paintwork.
The options list includes a Competition Package, DVD Navigation, Premium Package with Power Seats with Adjustable Width and Lumbar Support, Bluetooth Phone Connection, BMW Assist, Power Glass Moonroof, Harmon Kardon Audio, Bi-Xenon Headlights, Folding Rear Seats and Lip Spoiler.
The E46 M3 came with a 3.2 liter inline-six engine developing 333 hp and 262 lb-ft of torque. It could hit 0-60 in 5.1 seconds and had an electronically controlled top speed of 155 mph. The I6 in the E46 M3 is one of the better one’s BMW ever made. With its Double VANOS variable valve timing and 7,900 rpm redline, the 3.2 liter screams through the rev range with smooth and linear power. It also makes a fantastic sound doing it.
But is this stunning E46 M3 worth the $75,000?