1994 BMW M3 Convertible

How much does a BMW M3 Convertible cost?

A 1994 BMW M3 Convertible cost $48,900 new. Over the past 12 months, 13 have sold publicly at a median of $20,250. The Shifty Estimate for a well-kept example is $16,300. Cars have changed hands anywhere from $13,855 to $24,500, depending on mileage, color, and history.

What is a 1994 BMW M3 Convertible worth today?

The Shifty Estimate is $16,300, down 26.8% over the past 12 months. That sits below the $20,250 median of actual sales because the estimate weights the most recent results most heavily, and recent sales have come in under the longer-run median. We rate confidence medium: 13 public sales in a year is a thin market, and the spread between them is wide.

Is a BMW M3 Convertible a good investment?

It has depreciated 67% against its $48,900 list price. Values are down 26.8% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $14,100 to $48,000, and mileage explains most of that.

What has a BMW M3 Convertible sold for at auction?

The 3 most recent public sales we have on file:

• $14,100Sep 3, 2026Techno Violet Metallic · 49,700 mi
• $15,500Aug 31, 2026Titanium Silver Metallic · 94,000 mi
• $14,694Aug 28, 2026Cosmos Black Metallic · 85,000 mi