The BMW E46 M3 Convertible model was released in 2001 featuring a power-folding soft top that could be raised or lowered in about 20 seconds. This 2002 example was ordered in Titanium Silver over a Black Nappa leather interior and purchased new at Rallye BMW of Huntington, New York, optioned with a 6-speed automated manual SMG II transmission, the Cold Weather Package, rear Park Distance Control sensors, a paint-matched hardtop, navigation system, and xenon headlights. It remains garage-kept and used as a weekend driver by its original owner while maintained at the original selling BMW dealership. Showing just over 21k miles on the odometer, this 2002 M3 Convertible is now being offered at auction by its seller out of New York.
The exterior is finished in Titanium Silver (354) with a black power-operated soft top and a paint-matched factory hardtop. Equipment includes widened fenders with side vents, M3-specific bumpers and hood, xenon headlights with retractable washers, foglights, and quad exhaust outlets. The seller reports some scuffing under the front valence and a slight gap in the seam of the driver's side rear skirt. Detailed images are provided in the gallery along with a clean CARFAX report. The 18” Style 67 wheels were mounted with Continental ExtremeContact tires in 2020.
The interior is upholstered in Black Nappa leather with heated 14-way power-adjustable sport seats, matching door panels, and carpets. Model-specific details include a leather-wrapped multifunction steering wheel with M stitching, specialized M instrumentation with warm-up lights, and M3 door sill guards. Amenities include automatic climate control, cruise control, full power accessories, rear Parking Distance Control, a Harman Kardon audio system, a rear wind deflector, a rear passenger seat pass-through with a ski bag, a trunk-mounted 6-CD changer, an auto-dimming rearview mirror, and a BMW Mk.4 navigation system. The seller notes a blemish on the passenger-side dashboard trim and some bubbling on the finish underneath the padding of the rear passenger armrest.
The E46 M3 is equipped with a 3.2L S54 inline six-cylinder engine rated at 333 HP and 269 lb.-ft of torque. The rear wheels are driven by a 6-speed SMG II automated manual transmission, which uses an electro-hydraulically actuated clutch and can be shifted using the gear lever or the paddles mounted on the steering wheel. The M3 also features stiffened springs and dampers, thicker anti-roll bars, heavy-duty shock mounting points, and steel ball joints instead of rubber compared to a standard 3-Series. The CARFAX report shows a history of maintenance carried out at the selling dealership, and the seller reports regular oil changes were performed by a local specialty shop. The seller also notes that the tire pressure monitoring system (TPMS) warning light is present, and the vehicle is due for a dealer recall to replace the front airbags as covered by BMW.
This sale will include owner’s manuals, some service documentation, the factory hardtop, and a clean title.