
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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- Median · 12 mo
- $22,125
- Sales · 12 mo
- 90
- Original MSRP
- $52,500Down 55% since new
Collectible

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Sold $27,250

Sold $28,000

Sold $23,000

Sold $14,000

Sold $15,394
Every E46
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.
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