This 2006 BMW M3 Convertible sold for $14,000, and I’d call that strong money given the mileage and spec.

The E46 M3 is a legend among BMW fans. This model features a 3.2-liter inline-six engine and a six-speed SMG transmission. It’s known for its balanced handling and spirited performance. This particular car, with 122,000 miles, is a high-mileage example but has some key traits that keep it appealing. The seller’s investment in maintenance, particularly with the rod bearings, adds peace of mind for a potential buyer. The Carbon Black Metallic exterior and Grey Nappa Leather interior give it a classy look, while features like the Harman Kardon sound system and navigation keep it modern enough for daily enjoyment.

Now, let’s talk numbers. The bidding got intense with 39 bids, showing that there was strong interest in this M3. But the final sale price of $14,000 is 13% above the fair value estimate of $12,400. So, while this car is appealing, the price reflects a seller's market where buyers are willing to pay a premium for well-maintained examples. Given the mileage and the transmission type, the final price feels a bit high, but it also highlights the desirability of the model.

The community had some positive vibes about this sale, with one comment from @cboyd-e46m3 expressing excitement about the car and even exchanging contact information with the seller. This indicates a solid community interest and potential for further discussions on ownership and maintenance.

For anyone hunting a similar car, check the service history closely. Make sure that critical items like the rod bearings have been addressed. The SMG transmission can be a point of concern, so find out if it’s been serviced or if there are any known issues. Given the high demand for these cars, a thorough inspection can save you from unexpected headaches down the road.

See all BMW E46 M3 listings on [Friday's Watchlist](https://fridayswatchlist.com/search?make=BMW&model=E46%20M3).