Highlights

Just 69,177 miles
Reportedly benefits from full service history
Six-speed manual gearbox
Enviable factory specification: ‘Silbergrau’ over red Nappa leather

The Appeal

The E46 was to be the last and most capable of the naturally aspirated straight-six M3s. When paired with Getrag’s 420G six-speed manual gearbox, the S54 engine, with its six independent ‘drive-by-wire’ throttle bodies proved to be a sensational powertrain. It’s held M-car enthusiasts spellbound ever since.

This 2003 example is the stylish Cabriolet model, resplendent in ‘Silbergrau’ over red Nappa leather. The vendor acquired this M3 in January 2024, recognising its investment potential as a low-mileage, well-kept example in a fantastic specification. A year on, the vendor is reducing the size of their collection and so offers this desirable M3 Cabriolet for sale.

As the photographs attest, this M3 presents beautifully for its age, with minimal signs of wear in line with the low mileage. Complete with MOT until December 2025, it’s ready to enjoy.

The History and Paperwork

69,177 miles
Right-hand-drive UK market example
Five former registered keepers
Reportedly has full service history
Original book pack present including service portfolio
Sizeable collection of service invoices, most recently with independent specialists RBM
Collection of old MOT certificates
MOT until 3rd December 2025

The Condition

Offered in superb order throughout, commensurate with low mileage and frequent maintenance
The paintwork continues to present beautifully and the vendor doesn’t report any significant scratches, chips or other signs of wear
The body looks arrow-straight down both sides and the doors, bonnet, boot lid and roof all appear to fit snugly
We understand the roof material and mechanism to be in good order
No notable kerb damage apparent to any of the four OEM alloy wheels
The Nappa leather upholstery is in lovely condition for its age, with only the lightest signs of wear
Slight sheen to the steering wheel rim from use
Smart plastics, dashboard, controls and instrumentation
We understand the cabin electrics to be in good working order

The Mechanics

3.2-litre NA S54 straight-six
Six-speed manual gearbox driving the rear wheels
Original and well-presented engine bay

Recent service from RBM includes:

Vehicle health check
Vanos check
Oil/filter service
Constant pressure valve replacement
Rear diff oil seal replacement
2X new exhaust gaskets
New engine support mounts
New boot fixings
Gear lever ball replaced and greased
New propshaft coupling
New oil level sensor

BEFORE YOU BUY

This sale is subject to the Car & Classic Terms and Conditions. By bidding and/or making an offer, you also agree to the following:

✓ The seller is registered as a private seller which means consumer rights stemming from EU consumer protection law do not come into effect. However, you are still covered by Car & Classic’s own Terms and Conditions..

✓ We request that a non-refundable fee be paid if you are the lucky winning bidder at auction or if your offer is accepted Please refer to our helpful FAQs and T&Cs for specific rates.

✓ This vehicle is “Sold As Seen”, on an “As Is Where Is’ basis and without warranty. Photos and descriptions are solely for guidance purposes and it's customary to carry out a full inspection of the vehicle prior to purchase for your own peace of mind.

✓ VAT is included in the buyer's fee. VAT may or may not be included in the final bid or offer price, as specified in the listing.

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or delivery. Importing vehicles may result in additional customs duties and import taxes so it’s worth checking beforehand..