BMW M3 Convertible

2001 to 2006 · Convertible

A 2001 BMW M3 Convertible cost $52,500 new. Over the past 12 months, 90 have sold publicly at a median of $22,125. The Shifty Estimate for a well-kept example is $23,800. Across the sales we have on file, prices ran from $7,646 to $63,000, depending on mileage, color, and history.

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Shifty Estimate
$23,800
High confidence · $14K to $33K
Down 4.3% over 12 months
Oct 2025Rolling 6-month medianOct 2026
Median · 12 mo
$22,125
Sales · 12 mo
90
Original MSRP
$52,500Down 55% since new

The market

Every recorded 2001 BMW M3 Convertible sale, by date and price
Oct 2026 · Hagerty Marketplace
$26,000 · 55,150 mi · Oxford Green
See this car
$20k$40k$60kSep 202320252026SHIFTY ESTIMATE $24k
Sold Bid to, not sold
100 sales · 30 unsoldmedian $22kupdated Oct 2026

Community

Latest results

The newest 2001 BMW M3 Convertible sales with photographs
2001 BMW M3 Convertible, sold Oct 2026

Sold $36,000

2003 · Imola Red (405) · 51,000 mi
Oct 25, 2026 · Bring a Trailer
2001 BMW M3 Convertible, sold Oct 2026

Sold $27,250

2004 · Jet Black · 25,000 mi
Oct 20, 2026 · Bring a Trailer
2001 BMW M3 Convertible, sold Oct 2026

Sold $28,000

2002 · Titanium Silver Metallic · 44,000 mi
Oct 8, 2026 · Bring a Trailer
2001 BMW M3 Convertible, sold Oct 2026

Sold $23,000

2004 · Carbon Black Metallic · 62,137 mi
Oct 5, 2026 · Bring a Trailer
2001 BMW M3 Convertible, sold Sep 2026

Sold $14,000

2006 · Carbon Black Metallic · 122,000 mi
Sep 30, 2026 · Bring a Trailer
2001 BMW M3 Convertible, sold Sep 2026

Sold $15,394

€13,500
2002 · grey · 167,510 mi
Sep 27, 2026 · Car & Classic
Euro-zone sales ran 5% below US sales for the same models over 3 years.

Every E46

Sold prices, last 12 months · Oct 30, 2026
Every E46. Sold prices, last 12 months · Oct 30, 2026
Convertible2001 to 2006CSL2003 to 2004Coupe2000 to 2006
Shifty Estimate$23,800$195,200$33,300
Sold median$22,12590 salesToo few sales to call2 sales$33,000131 sales
12-month moveDown 4.3%Too few sales to callUp 16.7%
For saleNoneNone2
Other M3 generations

Specifications

Engine
Naturally Aspirated I6, 3.2L
Power
333 hp
Torque
262 lb-ft
0 to 60
5.1 s
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, 90 have sold publicly at a median of $22,125. The Shifty Estimate for a well-kept example is $23,800. Across the sales we have on file, prices ran from $7,646 to $63,000, depending on mileage, color, and history.

What is a 2001 BMW M3 Convertible worth today?

The Shifty Estimate is $23,800, down 4.3% over the past 12 months. Confidence is high: 90 public sales in a year gives a firm read.

Is a BMW M3 Convertible a good investment?

It has depreciated 55% against its $52,500 list price. Values are down 4.3% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $7,646 to $63,000, and mileage explains most of that.

How many BMW M3 Convertible have sold?

Shifty has 100 public sales of the BMW M3 Convertible on file. The earliest was on Sep 1, 2023.

What is the most expensive BMW M3 Convertible sold?

The highest public sale on file is $63,000, on Apr 16, 2026, with 7,100 mi.

What has a BMW M3 Convertible sold for at auction?

The 3 most recent public sales we have on file:

  • $26,000Oct 27, 2026Oxford Green · 55,150 mi
  • $36,000Oct 25, 2026Imola Red (405) · 51,000 mi
  • $27,250Oct 20, 2026Jet Black · 25,000 mi

About the 2001 BMW M3 Convertible

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.

Sales and listings

Showing 20 of 132 on file

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