BMW M3 Convertible

2008 to 2013 · Convertible

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Shifty Estimate
$33,000
Low confidence · $25K to $41K
Median · 12 mo
$25,750
Sales · 12 mo
7
Original MSRP
$72,300Down 54% since new

The market

Every recorded 2008 BMW M3 Convertible sale, by date and price
Jan 2025 · Barrett-Jackson
$33,000 · SPACE GRAY METALLIC
See this car
$30k$32k$34k$36kJan 20252026SHIFTY ESTIMATE $33k
Sold
1 salemedian $26kupdated Jan 2025

Every E90

Sold prices, last 12 months · Oct 16, 2026
Every E90. Sold prices, last 12 months · Oct 16, 2026
Convertible2008 to 2013GTS2010 to 2011Sedan2008 to 2013Coupe2007 to 2013
Shifty Estimate$33,000Low confidence$189,800Low confidence$27,000Low confidence$36,500
Sold median$25,7507 salesNo sale$27,0003 sales$33,00017 sales
12-month moveToo few sales to callToo few sales to callToo few sales to callDown 9.3%
For saleNoneNoneNone6
Other M3 generations

Specifications

Engine
V8, 4.0L
Power
414 hp
Torque
295 lb-ft
0 to 60
4.9 s
Top speed
155 mph
Transmission
Manual
Drivetrain
RWD
Original MSRP
$72,300

Common questions

How much does a BMW M3 Convertible cost?

A 2008 BMW M3 Convertible cost $72,300 new. Over the past 12 months, 7 have sold publicly at a median of $25,750. The Shifty Estimate for a well-kept example is $33,000. Cars have changed hands anywhere from $24,750 to $41,250, depending on mileage, color, and history.

What is a 2008 BMW M3 Convertible worth today?

The Shifty Estimate is $33,000. That sits above the $25,750 median of actual sales because the median counts every car that sold, including high-mileage examples, while the estimate describes a clean, low-mileage one bought today. We rate confidence low: 7 public sales in a year is not enough to be firm, and the honest range is wide. Treat it as a starting point, not a valuation.

What has a BMW M3 Convertible sold for at auction?

The most recent public sale we have on file:

  • $33,000Jan 26, 2025SPACE GRAY METALLIC

About the 2008 BMW M3 Convertible

The E93 M3 Convertible represents the final chapter of BMW's naturally aspirated V8 M3 era, housing the legendary S65 4.0-liter that screams to 8,400 rpm and delivers 414 horsepower. While purists often favor the coupe, the convertible's folding hardtop engineering is genuinely impressive, maintaining structural rigidity that's within 10% of the fixed-roof car. Only produced for five years, these are becoming increasingly collectible as enthusiasts recognize the S65's significance, it's the last high-revving, naturally aspirated M3 engine before turbocharging took over. The DCT dual-clutch transmission option adds to desirability, offering lightning-quick shifts that complement the engine's character. With BMW's shift to turbocharged sixes in subsequent generations, clean E93s with maintenance records are appreciating steadily. The combination of open-air motoring and that intoxicating V8 soundtrack makes this a compelling choice for collectors seeking the best of both worlds.

Sales and listings

Showing 1 of 1 on file