Cars / BMW / M3 ConvertibleLive

✦ Shifty Estimate

$22,900

▼ 5.9% · 12 mo

High confidence$14K to $33K

12 months median: $21K
Sales, 12 months: 76
Original MSRP: $52,500 · ▼ 56% since

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2001 BMW M3 Convertible

2001 to 2006 · Convertible

Price history

Sold Bid, not sold

78 sales · 16 unsoldmedian $21kupdated Sep 2026

Recent sales

78 sales

Specifications

Engine: Naturally Aspirated I6, 3.2L
Power: 333 hp
Torque: 262 lb-ft
0 to 60: 5.1s
Top speed: 155 mph
Transmission: Manual
Drivetrain: RWD
Curb weight: 3,671 lb
Original MSRP: $52,500
Designer: Chris Bangle

Common questions

How much does a BMW M3 Convertible cost?

A 2001 BMW M3 Convertible cost $52,500 new. Over the past 12 months, 76 have sold publicly at a median of $21,250. The Shifty Estimate for a well-kept example is $22,900. Cars have changed hands anywhere from $13,750 to $32,900, depending on mileage, color, and history.

What is a 2001 BMW M3 Convertible worth today?

The Shifty Estimate is $22,900, down 5.9% over the past 12 months. Confidence is high: 76 public sales in a year gives a firm read.

Is a BMW M3 Convertible a good investment?

It has depreciated 56% against its $52,500 list price. Values are down 5.9% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $9,500 to $63,000, 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:

$14,500Sep 2, 2026Titanium Silver Metallic · 111,100 mi
$52,000Sep 1, 2026Imola Red (405) · 26,000 mi
$12,700Aug 26, 2026Jet Black · 115,500 mi

The E46 M3 Convertible offered open-air thrills without compromising the coupe's fundamental character. Sharing the same naturally aspirated 3.2-liter inline-six producing 333 hp, the convertible added structural reinforcement to maintain chassis rigidity, resulting in a modest weight penalty and slightly slower acceleration. The power-folding soft top and wind-deflecting rear seats made it a genuine four-season performer. While purists favored the coupe's superior dynamics, the convertible provided a unique combination of M3 performance and alfresco enjoyment. Production numbers were significantly lower than the coupe, making clean examples increasingly sought after. Values typically trail coupes by $3,000-$5,000, representing excellent value for collectors seeking M3 performance with added versatility. The E46 convertible remains the last naturally aspirated M3 drop-top, adding to its long-term collectible appeal.

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