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E46 M3 (2001-2006)

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  #1  
Old 01-07-2017, 12:46 PM
Gwygio Gwygio is offline
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Location: Devon
 
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Mein Auto: 328ci
M3 e46

I am considering purchasing a M3 e46 and just need some guidance as I currently have a semi auto BMW 328 and would like to continue with an automatic as it suits my needs, I have been told by several friends that there are issues/problems with the auto gearbox and potential expensive repairs to correct. Is it best advice to stay away from smg and opt for manual gearbox. Just need reassurance I don't want to be another buyer with a problem. Many thanks I just want honesty and the plain truth.
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  #2  
Old 01-07-2017, 05:52 PM
geminiys geminiys is offline
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Mein Auto: F10 5353xi, E46 M3
Quote:
Originally Posted by Gwygio View Post
I am considering purchasing a M3 e46 and just need some guidance as I currently have a semi auto BMW 328 and would like to continue with an automatic as it suits my needs, I have been told by several friends that there are issues/problems with the auto gearbox and potential expensive repairs to correct. Is it best advice to stay away from smg and opt for manual gearbox. Just need reassurance I don't want to be another buyer with a problem. Many thanks I just want honesty and the plain truth.
If you plan on keeping the car for sometime, I recommend stick shift. When I was on the market for M3 last year I looked for stick only due to SMG problems that are expensive to repair. Some have even converted from SMG to manual to avoid costly repairs coming back in the future. The main issue with SMG's is the pump and some electronics that may drive you crazy.
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  #3  
Old 01-09-2017, 02:17 PM
Everett#2390 Everett#2390 is offline
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Mein Auto: 2004 M3 'Vert/6-spd
As suggested, manual trans only - less parts to break.
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  #4  
Old 01-09-2017, 03:10 PM
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Din Din is offline
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Mein Auto: 750LI M3 Mustang Tundra
SMG isnt bad.
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  #5  
Old 01-16-2017, 06:50 AM
drbarryd drbarryd is offline
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Mein Auto: E46 M3, E93 M3, E60 M5
My E46 M3 Conv w/ Hardtop 6speed has been best car I have owned. Very reliable and great driver car. I have over 158k miles and still going strong.

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  #6  
Old 01-16-2017, 03:46 PM
chatcher chatcher is offline
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Depends on your budget. If you can afford 2k in repairs popping up out of the blue then go for it. Could leave you stranded now and again so maybe not the best for a daily driver. (though I wouldn't recommend a M3 as a DD) I have never driven the SMG but I here mixed reviews there as well. I think you need to drive one and make your decision after you get a feel for the car.
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  #7  
Old 01-17-2017, 01:45 PM
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X3-terrestrial X3-terrestrial is offline
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Save yourself some headaches and get a manual.
And, what do you mean with "semi auto"? It is either manual or steptronic (automatic) on a 328i
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  #8  
Old 05-07-2017, 07:50 PM
golferken55 golferken55 is offline
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Hey folks.
I might buy this m3 but need guidance advice or if the price is reasonable.

2003 m3 coupe silver
Clean clear title
Maintained well
smg but no issues reported
Interior looks better than expected
Owner said no mechanical problems
No check engine lights.
He showed me two videos and countless photos. And looks fantastic
But it does have 222k miles

Asking 7000 but will accept 6500.

Should I take it?
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  #9  
Old 05-08-2017, 04:55 AM
chatcher chatcher is offline
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Location: pa
 
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Mein Auto: e46 m3
Quote:
Originally Posted by golferken55 View Post
Hey folks.
I might buy this m3 but need guidance advice or if the price is reasonable.

2003 m3 coupe silver
Clean clear title
Maintained well
smg but no issues reported
Interior looks better than expected
Owner said no mechanical problems
No check engine lights.
He showed me two videos and countless photos. And looks fantastic
But it does have 222k miles

Asking 7000 but will accept 6500.

Should I take it?
There is a chance you could own this car with no problems, however I would say it is a very small chance. I would also say unless you have piles of money laying around that you don't know what to do with, this is not the car for you. Have you researched this cars needs? If you can DIY a motor rebuild than go for it, if not than pass.
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current rides:
03 E46 M3
08 E70 4.8i X5
03 E85 2.5 Z4
05 E83 3.0 X5
03 350Z
12 Lincoln Navigator
03 rc51
08 F450 Dually
99 F350 Dually
RUNNING OUT OF GARAGE SPACE!!
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  #10  
Old 05-08-2017, 02:19 PM
golferken55 golferken55 is offline
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Quote:
Originally Posted by chatcher View Post
There is a chance you could own this car with no problems, however I would say it is a very small chance. I would also say unless you have piles of money laying around that you don't know what to do with, this is not the car for you. Have you researched this cars needs? If you can DIY a motor rebuild than go for it, if not than pass.

Well I can do a lot of diy but with BMWs all I have done are oil changes. I figured if it has that many miles everything that could go wrong has already? Of course wear and tear will still happen but the owner claims it is flawless. Hmmmm. I dunno
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  #11  
Old 05-08-2017, 02:22 PM
golferken55 golferken55 is offline
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Quote:
Originally Posted by chatcher View Post
Depends on your budget. If you can afford 2k in repairs popping up out of the blue then go for it. Could leave you stranded now and again so maybe not the best for a daily driver. (though I wouldn't recommend a M3 as a DD) I have never driven the SMG but I here mixed reviews there as well. I think you need to drive one and make your decision after you get a feel for the car.
Yes I have driven both the manual and smg. I love manual a little better but either way. I drove an 03 m3 manual and an 02 with smg. Both had about 150k miles and I love how it drives of course. People do spend money on these cars and maintain them well. I think $6500 is a good deal but of course nothing is guaranteed.
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  #12  
Old 05-08-2017, 04:05 PM
chatcher chatcher is offline
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Location: pa
 
Join Date: Dec 2013
Posts: 1,317
Mein Auto: e46 m3
I would want receipts for a recent rod bearing install for a car with 200k. The S54 can make it to 300k but it needs to be well taken care of. Valve adjustments every 30k , only TWS 10w60 every 5k, how is the rear subframe? Have someone who really knows these cars do a pre purchase inspection if you really want it.
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current rides:
03 E46 M3
08 E70 4.8i X5
03 E85 2.5 Z4
05 E83 3.0 X5
03 350Z
12 Lincoln Navigator
03 rc51
08 F450 Dually
99 F350 Dually
RUNNING OUT OF GARAGE SPACE!!
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  #13  
Old 05-08-2017, 04:10 PM
golferken55 golferken55 is offline
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Mein Auto: 2006 E60 (BMW 550i)
Quote:
Originally Posted by chatcher View Post
I would want receipts for a recent rod bearing install for a car with 200k. The S54 can make it to 300k but it needs to be well taken care of. Valve adjustments every 30k , only TWS 10w60 every 5k, how is the rear subframe? Have someone who really knows these cars do a pre purchase inspection if you really want it.

Owner claims rear subframe is fine. But I think it's too risky to buy without physically seeing and driving the car. Even for $6500. He sent me a video of car as he was driving it. I saw that it shifted well and drove well. I saw its carfax and Doesn't tell you what was specifically done when it was serviced. Who knows if it even has original stuff from regular wear and tear.

Miles don't scare me. I had two cars over 225k miles that I would have trusted to drive to the moon. But his is a Bmw. Those were Hondas and acuras.

I think I am going to pass on his offer. I may not find one this cheap and it could have very well been a gem. But too much potential could go wrong and vey timely and very expensive repairs.

It would have been a sweet ride. Oh well!
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  #14  
Old 05-08-2017, 05:48 PM
chatcher chatcher is offline
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Location: pa
 
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Mein Auto: e46 m3
Quote:
Originally Posted by golferken55 View Post
Owner claims rear subframe is fine. But I think it's too risky to buy without physically seeing and driving the car. Even for $6500. He sent me a video of car as he was driving it. I saw that it shifted well and drove well. I saw its carfax and Doesn't tell you what was specifically done when it was serviced. Who knows if it even has original stuff from regular wear and tear.

Miles don't scare me. I had two cars over 225k miles that I would have trusted to drive to the moon. But his is a Bmw. Those were Hondas and acuras.

I think I am going to pass on his offer. I may not find one this cheap and it could have very well been a gem. But too much potential could go wrong and vey timely and very expensive repairs.

It would have been a sweet ride. Oh well!
You are making the correct decision. I would be ok with the mileage if I put them on (because I know how well I take care of my cars) Buying one with that many miles would require a phone book full of receipts. A cheap M3 will most likely be the most expensive car you would ever own. Save up and get yourself a nice example or do like I said in the other thread and get yourself a 350Z you can thrash on
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current rides:
03 E46 M3
08 E70 4.8i X5
03 E85 2.5 Z4
05 E83 3.0 X5
03 350Z
12 Lincoln Navigator
03 rc51
08 F450 Dually
99 F350 Dually
RUNNING OUT OF GARAGE SPACE!!
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