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, 16 have sold publicly at a median of $19,750. The Shifty Estimate for a well-kept example is $15,400. Across the sales we have on file, prices ran from $12,300 to $48,000, depending on mileage, color, and history.

What is a 1994 BMW M3 Convertible worth today?

The Shifty Estimate is $15,400, down 32.9% over the past 12 months. That sits below the $19,750 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: 16 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 69% against its $48,900 list price. Values are down 32.9% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $12,300 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:

• $12,300Oct 21, 2026Titanium Silver Metallic · 146,500 mi
• $12,500Oct 6, 2026Dakar Yellow · 134,900 mi
• $14,100Sep 3, 2026Techno Violet Metallic · 49,700 mi