Misallocation

2006 BMW M3 Convertible

Sold at Mecum Auctions on Nov. 10, 2023.

$23,100Confirmed

The price as reported by the house. Hammer price $21,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
2006
Make and model
BMW M3
Generation
E46 M3
Version
M3 Convertible
Gearbox
Automatic
VIN
WBSBR93496PK12373
Condition
Good (3)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

Inside the middle half of 207 comparable sales.

Middle half of sales$17,000 to $27,500
Median$21,500
Sales behind it207Likely

From 207 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
2006 BMW M3 ConvertibleCars & Bids, July 6, 2026Cars & BidsJuly 6, 2026$18,000
2006 BMW M3 ConvertibleCars & Bids, June 2, 2026Cars & BidsJune 2, 2026$17,500
2006 BMW M3 CONVERTIBLEBarrett-Jackson, April 16, 2026Barrett-JacksonApril 16, 2026$15,750
2006 BMW M3 ConvertibleCars & Bids, Dec. 12, 2025Cars & BidsDec. 12, 2025$22,500
2006 BMW M3 CONVERTIBLEBarrett-Jackson, Oct. 18, 2025Barrett-JacksonOct. 18, 2025$18,000
2006 BMW M3 ConvertibleCars & Bids, June 27, 2025Cars & BidsJune 27, 2025$15,500
2006 BMW M3 ConvertibleCars & Bids, Nov. 25, 2024Cars & BidsNov. 25, 2024$13,700
2006 BMW M3 Convertible 6-SpeedBring a Trailer, Oct. 15, 2026Bring a TrailerOct. 15, 2026$28,750

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
Sept. 20, 2023Did not sellMecumMecum$20,000 high bid
Nov. 10, 2023Sold (this sale)MecumMecum$23,100
Oct. 18, 2025SoldBarrett-JacksonBarrett-Jackson$19,800