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hi folks, im new here, after crossing from the ford(cossie) side im looking to buy an e46 m3 after wanting one for ages, after haveing a few 323 318 ci bmws,

has any body got any ideas of what tolook for when buying a m3 e46,

any help appreciated, alsoim in dunfermline fife, any owners near??

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hi folks, im new here, after crossing from the ford(cossie) side im looking to buy an e46 m3 after wanting one for ages, after haveing a few 323 318 ci bmws,

has any body got any ideas of what tolook for when buying a m3 e46,

any help appreciated, alsoim in dunfermline fife, any owners near??

The big thing about M3's is running costs, have you fully investigated them and worked out if you can afford it?

I was utterly gobsmacked at things like insurance and servicing on them. Both of which equate to more than double my 330 :D

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Dude he has come from a cossie i dont think the running costs will be too dissimilar!!! In fact id almost go so far as to say insurance may be cheaper!

Main things to check are the running in service, then the usuals like dealer service history, ball joints/bushes, wear on the drivers boulster, notchy gearbox etc etc

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Dude he has come from a cossie i dont think the running costs will be too dissimilar!!! In fact id almost go so far as to say insurance may be cheaper!

Main things to check are the running in service, then the usuals like dealer service history, ball joints/bushes, wear on the drivers boulster, notchy gearbox etc etc

Cossies arent that bad actually.

Put it this way, when I was 23 with 2 YNCB I was getting insurance quotes of around £1.5k for a RWD Sapphire Cosworth.

I'm now 29 with 8 years NCB and I'm getting quotes of £1.6k for an M3

You can service a Cossie on your own easily, there's no electrical gubbins to reset etc. And in most cases, the cars are so old they dont have a service book to stamp any way.

What's quite ironic, is that when I was 23 and getting quoted £1.5k for Cossie insurance, I would have bought one had my mate not sold it. I ended up with an MR2 turbo and paid about the same for that.

Now I'm older and have much more money at my disposal I think it's utterly ludicrus to spend that sort of money on insurance. I guess with age comes wisdom :D

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cool folks, yup mate looked into running it and to be honest it wont be used much, as the wife has a mini,ill scoot about in that lol, the m3 will only be used at weekends,

yup the cossie was a pain in the butt, but gotta love them, good fun when they go good, expensive when they go bang, lol

looking to spend about 10 to 12k on an m3 will that get a decent one or a ruff one,

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The SMG gearbox in the E36 was problematic but the SMG II boxes in the E46 are much more reliable. I've still heard of problems but they are more infrequent than frequent. I was dead set on getting a manual when I was looking for mine until I drove a couple of SMG's and I was hooked after that. :D

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Must have fully stamped service book, including the 1000 mile service.

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I heard a rumour that the SMG boxes can sometimes "crash" when you are driving and when it reboots itself it starts back up in 2nd?

Not experienced that myself but I'm assuming that when it reboots itself it put you in S1 mode which as default will start you off in 2nd gear. It's more of a comfort mode of driving as opposed to S5 or S6 (DSC and traction control off) which is all out racing mode ! :lol:

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