Misallocation

2002 BMW M3 Convertible

Sold at Cars & Bids on Aug. 26, 2026, offered with no reserve.

$12,700Confirmed

The price as reported by the house. Read from the house's results Oct. 15, 2026.

The car

Year
2002
Make and model
BMW M3
Generation
E46 M3
Version
M3 Convertible
Miles shown
115,500
Gearbox
Automatic
VIN
WBSBR93482EX24308
Title
Clean
Modified
Yes, as stated
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 206 comparable sales, 34% 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
2002 BMW M3 Convertible 6-SpeedBring a Trailer, Aug. 11, 2026Bring a TrailerAug. 11, 2026$26,500
2002 BMW M3 ConvertibleCars & Bids, Sept. 2, 2026Cars & BidsSept. 2, 2026$14,500
2002 BMW M3 ConvertibleCars & Bids, Nov. 6, 2025Cars & BidsNov. 6, 2025$9,800
2002 BMW M3 ConvertibleCars & Bids, July 1, 2026Cars & BidsJuly 1, 2026$12,000
2003 BMW M3 ConvertibleCars & Bids, Oct. 23, 2026Cars & BidsOct. 23, 2026$18,000
2002 BMW M3 Convertible 6-SpeedBring a Trailer, Aug. 24, 2026Bring a TrailerAug. 24, 2026$17,500
2002 BMW M3 Convertible 6-SpeedBring a Trailer, July 2, 2026Bring a TrailerJuly 2, 2026$18,500
2002 BMW M3 ConvertibleBring a Trailer, April 29, 2026Bring a TrailerApril 29, 2026$19,000

Options

Factory options named in the listing, matched to our catalogue.Likely