2003 BMW E46 M3 Convertible SMG

Vendor supplied images


  • Low 47,000 miles from new
  • 12 months advisory free MOT supplied with car
  • Appealing Titan Silver with Imola red leather
  • Factory colour matched hard-top with cover and stand
  • BMW book-pack with original service book and supporting invoices
  • Clean example dry stored and enjoyed in good weather
  • Very good exterior including power hood that functions well 
  • Great modern classic, fun to drive and easy to maintain

The Appeal

The E46 M3 features the final evolution of the M-Division’s normally aspirated straight 6 engine. This high revving S54 engine is revered by enthusiasts. It is the choice unit for many BMW race cars. 
In this car it is mated to the M Sport sequential gearbox to deliver a car that will cruise around peacefully in drive or shift quickly using the paddles when required. 
This low mileage, well kept and specified early E46 with its convertible roof and hard top would make a great sunny days car. It has been recently serviced by Spartan, the M3 specialist and is sold with a fresh advisory free MOT. 

History and Paperwork

  • First registered 20 January 2003
  • BMW book-pack with original service book stamped up to date
  • Supporting invoices neatly filed in date order supporting indicated mileage
  • Owner manuals, stereo code, unused key memory stickers and spare keys
  • Most recent service at 46,444 miles with notable BMW M3 specialist - Spartan
  • New SMG pump fitted at 43,144 miles by BMW specialist
  • New 12 Month MOT expiring 26th April 2025
  • Current mileage at time of cataloguing just 47,210 miles
Service History
  • PDI BMW 9/1/2003
  • First service BMW 1367 miles – 8/1/2004
  • Inspection I service BMW 3148 miles – 27/6/2005
  • Inspection II service Specialist 11,975 miles – 10/7/2007
  • Inspection II service Specialist 16,608 miles – 29/7/2008
  • Inspection I service Specialist 25,061 miles – 29/7/2010
  • Oil service Specialist 31,362 miles – 18/10/2012
  • Inspection I service Specialist 35,962 miles – 12/6/2014
  • Inspection II service Specialist 40,997 miles – 3/6/2016
  • Inspection II service Specialist 42946 miles – 3/9/2018
  • Oil service & new started motor 46,444 miles – 21/7/2022

The Condition

  • Classic colours with Titan metallic silver, Imola red leather, black carpets and black hood
  • Professionally detailed prior to sale 
  • Paintwork presents very well as shown in photographs 
  • The wheels present well with very good finish 
  • Fitted with matched, premium-brand tyres
  • Engine compartment, underside and components present very well 
  • The interior looks very fresh with only minor imperfections typical of age and mileage 
  • These can be seen in photographs and appear limited to leather and dashboard
  • Power hood is unfaded and functions correctly
  • Hard-top presents well in matched Titan silver with folding stand and cover
  • The LCD on the stereo has gone crazy which is the only know issue with the M3
  • Well specified car with Harman Kardon system and electric front seats with heating and memory
  • Parking Distance Control system factory fitted

The Mechanicals

  • 3,246cc S54 straight six BMW engine developing 330bhp 
  • SMG II 6spd automatic gearbox with sequential shift functions 
  • Vendor reports that the engine fires instantly, sounds very healthy and pulls hard 
  • We are informed that the engine shows no smoke, knocking or known issues
  • SMG pump replaced less than 5,000 miles ago
  • The vendor tells us that the gearbox functions/shifts perfectly
  • Brake discs and pads show minimal wear all around 
  • Front discs and pads replaced at 44,099 miles
  • New started motor professionally fitted at 46,444 miles due to slow solenoid
  • Scorpion rear box that we are told sounds lovely and is not too noisy with hood up or down
BMW M3-2.jpg 9.16 MB

This sale is subject to the Car & Classic Terms and Conditions. By bidding and/or making an offer, you also agree to the following: 
If the seller is registered as a private seller, consumer rights stemming from EU consumer protection law do not apply. Car & Classic’s return policy applies. 
A non-refundable deposit will be payable if you are the winning bidder at auction or if your offer is accepted, refer to FAQs and T&Cs for details. 
This vehicle is “Sold As Seen”, on an “As Is, Where Is’ basis and without warranty. A full inspection of the vehicle prior to purchase and bidding is recommended. Photos and descriptions are for guidance purposes only. 
✓ VAT is included in the buyer's deposit. VAT may or may not be included in the final bid or offer price, as specified in the listing. 
UK-registered cars and motorbikes on Car & Classic are run through an online HPI check, to verify that they show no insurance database markers for damage or theft, and have no finance owing. 
✓ Buyers are responsible for vehicle collection or delivery. 

Please see our FAQs here and our Terms & Conditions here

Vehicle specification
  • Year 2003
  • Make BMW
  • Model M3
  • Colour Silver
  • Odometer 47,210 Miles
  • Engine size 3246
Auction Details
  • Seller Type Private
  • Town Hook
  • Location Hampshire
  • Country United Kingdom
Bidding history
12 bids from 6 bidders
  • ca•••• £15,500 02/05/24
  • Da•••• £15,000 02/05/24
  • ca•••• £14,500 01/05/24
  • al•••• £12,750 01/05/24
  • ca•••• £12,250 30/04/24
  • De•••• £12,000 29/04/24
  • al•••• £11,000 29/04/24
  • De•••• £10,000 29/04/24
  • ke•••• £9,000 29/04/24
  • De•••• £8,000 28/04/24
Message C&C Auction Team

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