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BMW M3 Convertible (2001-2006)

  • Car brand: BMW
  • Convertible roof type: Fabric

The E46 BMW M3 Convertible combines real-world practicality with near supercar performance. The styling is relatively understated yet noticeably more muscular than the standard 3 series. It is noticeably bigger and more refined than the E36 that it replaced but keeps the ingredients the same.

The greatest feature of this car is the engine which has smooth and substantial power delivery, but the chassis is equally impressive providing sharp handling. As a whole, the M3 is a very well thought out package and the convertible loses little of the coupe’s abilities. Some still prefer this car to the later E90 BMW M3 as it has a more immediate appeal and the classic normally aspirated straight-six cylinder engine.

The iconic engine was created with a steel block rather than the aluminium of the rest of the range. This was done in order to fit the capacity and withstand the high compression while fitting into a normal-sized engine bay. The same engine was used in the E36 M3 and Z4M but saw its highest power output in the E46 BMW M3.

BMW M3 Convertible Details

Production Dates2001-2006
Luggage Capacity 300 litres / 10.59 cu ft
Fuel Tank Capacity 63 litres / 16.6 US gal
Warranty 3 years or unlimited miles
Service Intervals Variable miles


Fuel type Unleaded Petrol
Engine Capacity 3246 cc
Power 343@7900 bhp
Torque 269@4900 lb.ft
Transmission type 6-spd manual / 6-spd SMG
UK Retail Price from £43,880
UK Insurance Group 20/44


Max speed (manual) 155 mph / 249 kph
Max speed (auto) 155 mph / 249 kph
0-60mph (manual) 5.3 seconds
0-60mph (auto) 5.3 seconds
0-100kmph (manual) 5.5 seconds
0-100kmph (auto) 5.5 seconds

Economy and Emissions

EU Combined Fuel Economy (manual) 20.8 mpg / 13.6 L/100km
EU Combined Fuel Economy (auto) 20 mpg / 14.1 L/100km
CO2 Emissions (manual) 328 g/km
CO2 Emissions (auto) 328 g/km

Information last updated

One Owner Review

Do you drive a BMW M3 Convertible? Would you recommend it to others? This BMW already has one owner review, continue the conversation and let us know what you think of the car.

  1. Avatar for Willie Del Mar Willie Del Mar says:

    Just got an 04 E46 M3 convertible. My third BMW Convertible. Each one I buy with low miles and sell before they hit 99k miles. I’ve had 325 – 328- and now M3. I looked close at Jag. Porshe, Mercedes, and some vintage. I also drive a mini van for work. The convertible is my “fun car”. For me I need the space of a 4 seat car with a trunk to haul guitars to gigs. The M3 is fantastic, quick, great looking, and so fun to drive it’s therapy. I always take the long way home. My last 328iC was cheapest car I ever owned because of it’s resale and reliablity. Now the gas mileage on the 333 bhp is really pretty good. M3s look is less “dig me” than the Jag or Merc. It’s really sexy yet subtle. (Look at those “gills” and wheels) my advice is skip the SMG and get the 6 speed. My humble opinion is blue and grey are best colors. Get one and just try to stop smirking.

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