BMW 3 SERIES (1998-06) M3 2DR CONVERTIBLE 3.2
The BMW 3 Series (1998-2006) M3 2DR Convertible 3.2 stands out as an iconic sports car within the UK's used car market. Known for combining dynamic performance with stylish design, this convertible is perfect for drivers seeking a fun, engaging driving experience, especially those who enjoy open-top motoring. Its reputation for solid reliability and distinctive M-series features make it a popular choice among enthusiasts and spirited drivers alike. Typically used for leisure driving, weekend trips, or as a lifestyle statement, the BMW M3 2DR Convertible offers a unique blend of style, sportiness, and driving pleasure.
What makes this model particularly notable is its powerful 3.2-liter engine, delivering an exhilarating ride, alongside its sleek, sporty appearance. It's best suited for individuals who value sporty handling and a premium look, often appealing to those with a passion for driving rather than daily commuting. When compared to rivals, the BMW 3 Series M3 is recognized for its excellent build quality, engaging driving dynamics, and timeless design. With an average valuation of around £12,320 based on recent data and an average mileage nearing 97,000 miles, this vehicle remains a compelling option for those seeking a blend of performance and style in a used convertible.
average use
The data indicates that the majority of recorded mileages for this BMW 3 Series M3 (1998-06) convertible cluster between 80,000 and 120,000 miles, accounting for approximately 40-42% of readings within those ranges. Notably, there are relatively few vehicles with very low mileage (under 10,000 miles, just 0.8%) or extremely high mileage (over 180,000 miles, around 0.8-1.2%). The findings suggest that most vehicles are driven modestly and tend to accumulate mileage gradually over time, with a significant number falling within the 80,000 to 120,000 mile range.
vehicle values
The data indicates that the most common private sale price range for the BMW 3 Series M3 2DR Convertible (1998-06) is between £9,000 and £11,000, accounting for approximately 41.2% of vehicles. The next most prevalent is £10,000 to £12,000 (21.6%) and £8,000 to £9,000 (17.3%), suggesting a strong clustering around the £9,000 to £12,000 segment. Notably, there are very few vehicles listed below £6,000 (only 2%), and higher price brackets above £14,000 represent a small fraction of the market, implying that most cars are valued within a mid-range price spectrum. Overall, the data suggests that a typical private sale value for this model is roughly around £9,000 to £12,000, with limited listings at the lower and higher ends.
production years
The data indicates that the majority of the BMW 3 Series (1998-06) M3 2DR Convertible 3.2 vehicles in the sample were manufactured between 2002 and 2004, collectively accounting for over 69% of the vehicles—specifically, 29.8% from 2003, 23.5% from 2004, and 19.6% from 2002. There is also a notable presence of vehicles from 2005 (16.1%). Interestingly, only a small fraction, around 5%, are from 2001. Vehicles from 2006 and earlier years (2001 and 2002) dominate the distribution, with very minimal representation from 2015 or 2016, each constituting only 0.4%. This suggests that the majority of these models available are from the early 2000s, reflecting their age and possibly the period of peak production for this variant.
colour popularity
Based on the data for the BMW 3 Series (1998-2006) M3 2DR Convertible 3.2, the most common main paint colours are Black (34.1%) and Blue (23.1%), indicating a preference for darker, classic shades among owners. Silver (16.5%) and Grey (14.1%) are also quite popular, reflecting a trend toward neutral and understated tones. Bright colours such as Red (4.3%), Yellow (5.1%), and White (1.2%) are less common, with White being the least prevalent. Notably, Purple accounts for only 1.6%, making it a rare choice for this model. Overall, the colour distribution suggests that traditional, subdued hues dominate, with vibrant and unique colours being relatively uncommon.
ownership cycle
The data shows that the majority of 'BMW 3 Series (1998-06) M3 2DR Convertible 3.2' vehicles have been registered with relatively few keepers, with 16 vehicles (0.8%) having only one keeper, indicating they may be quite fresh or well-maintained. Notably, the most common number of registered keepers is 6, comprising 16.1%, followed by vehicles with 7 keepers (12.2%) and 8 keepers (10.2%). A significant portion, around 10%, have had 9 or 8 keepers, suggesting some vehicles may have experienced multiple ownership changes over their lifespan. The spread of keeper counts suggests a typical pattern where many vehicles have changed hands multiple times, but a small number remain with fewer owners, which could indicate well-maintained or less-trafficked examples.
engine choices
The data indicates that all BMW 3 Series (1998-06) M3 2DR Convertible 3.2 vehicles in the sample are equipped with a 3.2-liter petrol engine. This suggests a consistent engine capacity and fuel type across the entire sample, highlighting the model's specialization for performance with a petrol engine of this size.
