Misallocation

2011 BMW M3 Convertible

Sold at Mecum Auctions on July 24, 2025.

$17,600Confirmed

The price as reported by the house. Hammer price $16,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
2011
Make and model
BMW M3
Generation
E90/E92/E93 M3
Version
M3 Convertible (E93)
Gearbox
Automatic
VIN
WBSDX9C59BE584339
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 135 comparable sales, 34% under its bottom.

Middle half of sales$21,411 to $34,000
Median$26,250
Sales behind it135Likely

From 135 sales of the BMW M3 Convertible (E93) (E90/E92/E93 M3) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $21,411 and $34,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
2011 BMW M3 ConvertibleCars & Bids, July 2, 2026Cars & BidsJuly 2, 2026$18,750
2011 BMW M3 ConvertibleCars & Bids, June 17, 2026Cars & BidsJune 17, 2026$18,750
2011 BMW M3 ConvertibleCars & Bids, June 4, 2026Cars & BidsJune 4, 2026$21,750
2011 BMW M3 ConvertibleCars & Bids, March 5, 2026Cars & BidsMarch 5, 2026$24,000
2011 BMW M3 ConvertibleMecum, Oct. 30, 2025MecumOct. 30, 2025$21,000
2011 BMW M3 ConvertibleCars & Bids, Aug. 15, 2025Cars & BidsAug. 15, 2025$25,500
2011 BMW M3 ConvertibleCars & Bids, June 20, 2025Cars & BidsJune 20, 2025$23,500
2011 BMW M3Mecum, May 11, 2025MecumMay 11, 2025$63,000