✦ Shifty Estimate
$23,200
▼ 17.2% · 12 mo- 12 months median
- $22K
- Sales, 12 months
- 39
- Original MSRP
- $52,500 · ▼ 56% since
Track this car in the app
Get its live Shifty Estimate, price alerts, and every sale on your phone.
2001 BMW M3 Convertible
2001 to 2006 · Convertible
Price history
Recent sales
39 sales on file
The full sale history lives in the app.
Every sale for this exact market, with the chassis behind each number. Drop your email and you are first in.
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, 39 have sold publicly at a median of $22,000. The Shifty Estimate for a well-kept example is $23,200. Cars have changed hands anywhere from $13,750 to $32,500, depending on mileage, color, and history.
What is a 2001 BMW M3 Convertible worth today?
The Shifty Estimate is $23,200, down 17.2% over the past 12 months. Confidence is high: 39 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 17.2% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $12,000 to $42,500, 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:
- $13,750Jul 30, 2026Titanium Silver Metallic · 129,000 mi
- $31,000Jul 22, 2026Carbon Black Metallic · 32,000 mi
- $23,250Jul 20, 2026Steel Gray Metallic · 74,000 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.