Misallocation

2003 BMW M3 Convertible

Sold at Mecum Auctions on Jan. 13, 2026.

$19,800Confirmed

The price as reported by the house. Hammer price $18,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
2003
Make and model
BMW M3
Generation
E46 M3
Version
M3 Convertible
Gearbox
Automatic
VIN
WBSBR93473PK02811
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

Inside the middle half of 206 comparable sales.

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 ConvertibleCars & Bids, Oct. 23, 2026Cars & BidsOct. 23, 2026$18,000
2003 BMW M3 ConvertibleCars & Bids, May 18, 2026Cars & BidsMay 18, 2026$22,250
2003 BMW M3 ConvertibleCars & Bids, March 16, 2026Cars & BidsMarch 16, 2026$12,000
2003 BMW M3 ConvertibleCars & Bids, March 4, 2026Cars & BidsMarch 4, 2026$24,000
2003 BMW M3 ConvertibleCars & Bids, Feb. 9, 2026Cars & BidsFeb. 9, 2026$17,777
2003 BMW M3 ConvertibleCars & Bids, Jan. 2, 2026Cars & BidsJan. 2, 2026$27,000
2003 BMW M3 Convertible Dinan S3RCars & Bids, Oct. 8, 2025Cars & BidsOct. 8, 2025$39,000
2003 BMW M3 Convertible 6-SpeedBring a Trailer, Oct. 25, 2026Bring a TrailerOct. 25, 2026$36,000