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///M3 Forum
The BMW E46 ///M3 is the M version E46 and puts out an amazing 333 HP and 262 lb-ft of torque at stock specs! There are an amazing amount of modifications for both the coupe and convertible models so read up and get started modifying your cars today!

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Old 05-15-2014, 07:56 PM   #1
Gunsnbacon
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Join Date: Apr 2014
Location: Myrtle Beach
Posts: 372
My Ride: 2001 330ci
Why are m3 coupes so rare in my area?

I've been trying to hunt down a decent one for like 4 years now and they almost NEVER go on the market.

I've seen maybe 3 or 4 on the road in the last 4 years. All of the ones that do go on the market are ugly gray on gray with SMG, high mileage, and poorly maintained.

Seriously, who would pay $14k for a M3 with 150k miles and almost no service records? It would need another $5-6k just to get it up to standard probably.

Anyways, I am undergoing a project of my own that is turning out to be much cheaper than buying these ridiculous high mileage ugly ones.

I found a 2002 m3, red with black leather at a salvage auction for $900 and it is almost completely destroyed... Engine and most of the interior is intact though as well as the rear end, diff, drive shaft, etc.

So I'm kind of frankensteining this car with a 325ci I picked up for cheap.

In the end it probably won't be very comfortable so probably more so a track car and I am well aware of all of the differences in the two cars and getting it to fit so I might be frequenting this forum regularly with bits and ends of my project/small fixes.

Here's what a $900 m3 looks like:




It is too far gone to try to fix it, so just using it as a donor car for the ci.
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Old 05-15-2014, 08:05 PM   #2
joeysm3
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My Ride: ///M3 04 SMG
Wow. You cant call that a car anymore. Goodluck with what your doing.
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Old 05-16-2014, 09:22 AM   #3
morningisbad
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I'm from wisconsin. I flew to north carolina and drove my M3 back. If you want to get a good one, you may need to expand your "area".
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Old 05-16-2014, 09:50 AM   #4
choxor
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Donor for what? Seatbelts?
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Old 05-16-2014, 10:34 AM   #5
e46dinan
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Donor for what? Seatbelts?
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Old 05-16-2014, 10:55 AM   #6
VKnid
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Well. Your area is full of tourists and retirees. Not exactly the target market for an M3. I imagine you would have a better chance of finding something decent by looking in Charleston, Savannah, Columbia, Greenville, Augusta, or Charlotte.
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Old 05-16-2014, 11:04 AM   #7
Alan
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Donor for what? Seatbelts?

I'm sure that the seatbelt pre-tensioners were used up when the airbags fired - so forget the seatbelts.
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Old 05-16-2014, 11:28 AM   #8
Gunsnbacon
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Well. Your area is full of tourists and retirees. Not exactly the target market for an M3. I imagine you would have a better chance of finding something decent by looking in Charleston, Savannah, Columbia, Greenville, Augusta, or Charlotte.
Searched multiple places all over within 250 miles of me and like I said the only thing I can find are ugly gray on gray SMG, high mileage, low maintenance cars... definitely no enthusiast owned.
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Old 05-16-2014, 11:37 AM   #9
Brevik
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After four years of searching, it looks like you found a gem.
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Old 05-16-2014, 11:45 AM   #10
Gunsnbacon
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Lol I guess you can say that, we managed to get the engine out after cutting the hood and most of the front end off.

Couldn't get the trans to lift out with it, a big ordeal and a huge mess of fluids, we had to drop the trans out while detaching and lifting the engine.

It looks good though, pics of it soon to come on my progress thread. We are going to rig it up so we can run a compression test on it and see what all is damaged.

But other than that, the front seats actually are pretty decent, managed to get those out too and i might stuff those into my daily.
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Old 05-16-2014, 01:10 PM   #11
VKnid
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OK. I see what you mean. This was the closest thing to enthusiast owned that I could find, and it's black on black with SMG. Seems to be a lot more decent convertibles though which makes sense this being the south.
http://www.autotrader.com/cars-for-s...stingId=0&mmt=[BMW[M3[]][]]&minPrice=1000&listingId=371029023&Log=0
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Old 05-16-2014, 02:22 PM   #12
HannsotaM3
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Love it. How long will it take you to complete this Frankenstein project?
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Old 05-16-2014, 02:32 PM   #13
Gunsnbacon
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Shooting for august of next year.

Not exactly made of money and I do what I can with what I have.

I would rather do it the right way than the cheap way.
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Old 05-16-2014, 03:54 PM   #14
TerraPhantm
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They're definitely out there in the country. I imagine it'd be a lot easier to fly out to say... Cali, buy one, and then drive it back instead of converting a non-M into an M3.

Or if you don't mind paying a bit of a premium, just go to EAG in Ohio and get one.
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Old 05-16-2014, 05:03 PM   #15
d'ray18
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Originally Posted by Gunsnbacon View Post
Lol I guess you can say that, we managed to get the engine out after cutting the hood and most of the front end off.

Couldn't get the trans to lift out with it, a big ordeal and a huge mess of fluids, we had to drop the trans out while detaching and lifting the engine.

It looks good though, pics of it soon to come on my progress thread. We are going to rig it up so we can run a compression test on it and see what all is damaged.

But other than that, the front seats actually are pretty decent, managed to get those out too and i might stuff those into my daily.
Nice project! Great buy you got for an S54 heart! Hope it all gets sorted and works out. I would definitely do M3 front and quarter panels on the 325 tho to get fit more tire.
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