How Low Can They Go? 2004 BMW M3 E46

BMWs E36 M3 was the steal of the market until a few years ago when the E46 M3 depreciated to the point where it makes more sense to step up to the 333 horsepower S54 powered beast that replaced the 240 horsepower S52 after the 1999 model year.  Some people might complain about the SMG transmission that you’ll find in many of the cheapest examples, but the single clutch automated thing is surprisingly fun to drive, easier in traffic, and can be cheaply converted to self shifted. Find this 2004 BMW M3 E46 offered for $10,800 in Los Gatos, CA via craigslist.

From the seller:

2004 BMW M3 

fuel: gas 

odometer: 109000 

title status: clean 

transmission: manual 

Asking $10,800 call or text me anytime, tail lights and windows are tinted but can be removed show contact info 

2004 BMW M3

109k Miles

Clean title and smog in hand

Carbon Black

Brushed Aluminum interior trim

Napa Black Leather interior

6 Speed SMG II

Parking Distance Control sensors

Napa Black Powered Leather interior 

Harmon Kardon Sound system 

See a better way to rev to 8000 rpm?