Misallocation

2003 BMW M3 Convertible Project

Sold at Bring a Trailer on Jan. 16, 2025, offered with no reserve.

$8,777Confirmed

The price as reported by the house. Read from the house's results Oct. 25, 2026.

The car

Year
2003
Make and model
BMW M3
Generation
E46 M3
Version
M3 Convertible
Gearbox
Automated manual
VIN
WBSBR934X3PK03046
Title
Clean
Condition
Fair (4)Likely

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

This car's full record

Against comparable sales

Below the middle half of 206 comparable sales, 94% under its bottom.

Middle half of sales$17,000 to $27,500
Median$21,500
Sales behind it206Likely

From 206 sales of the BMW M3 Convertible (E46 M3) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $17,000 and $27,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
2003 BMW M3 ConvertibleBring a Trailer, Aug. 12, 2026Bring a TrailerAug. 12, 2026$32,750
2003 BMW M3 Dinan S2 ConvertibleBring a Trailer, Aug. 7, 2026Bring a TrailerAug. 7, 2026$23,750
2003 BMW M3 ConvertibleBring a Trailer, Nov. 18, 2025Bring a TrailerNov. 18, 2025$21,000
2003 BMW M3 ConvertibleBring a Trailer, Sept. 6, 2025Bring a TrailerSept. 6, 2025$15,500
2003 BMW M3 ConvertibleBring a Trailer, April 10, 2025Bring a TrailerApril 10, 2025$32,250
2003 BMW M3 Convertible 6-SpeedBring a Trailer, Feb. 23, 2025Bring a TrailerFeb. 23, 2025$21,000
2003 BMW M3 ConvertibleBring a Trailer, Feb. 21, 2025Bring a TrailerFeb. 21, 2025$33,000
2003 BMW M3 ConvertibleBring a Trailer, Dec. 3, 2024Bring a TrailerDec. 3, 2024$9,700

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
Dec. 18, 2019SoldBring a TrailerBring a Trailer70,000$11,000
Jan. 16, 2025Sold (this sale)Bring a TrailerBring a Trailer$8,777