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2002
BMW M3

Starts at:
$45,900
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Available trims

See the differences side-by-side to compare trims.
  • M3 2dr Cpe
    Starts at
    $45,900
    16 City / 23 Hwy
    MPG
    5
    Seat capacity
    Gas 6-Cyl
    Engine
    Rear Wheel Drive
    Drivetrain
    See all specs
  • M3 2dr Convertible
    Starts at
    $53,900
    16 City / 22 Hwy
    MPG
    4
    Seat capacity
    Gas 6-Cyl
    Engine
    Rear Wheel Drive
    Drivetrain
    See all specs

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2002 BMW M3 2002 BMW M3 2002 BMW M3 2002 BMW M3 2002 BMW M3 2002 BMW M3 2002 BMW M3 2002 BMW M3 2002 BMW M3 2002 BMW M3 2002 BMW M3 2002 BMW M3

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Expert 2002 BMW M3 review

our expert's take
Our expert's take
By
Full article
our expert's take

Chalk up the new BMW M3 to one of life’s truly unfair realities. Unless you live near an Autobahn, or they begin building a bridge over the Atlantic, you can’t really drive one.

Oh, you can tool around in stop-and-go traffic impressing your friends that the M3’s blast-of-gas power will zoom you from stoplight to stoplight. And occasionally, when a radar gun isn’t looking, you might be able to take an on-ramp at faster than posted speeds.

But don’t even think about stretching the M3’s legs, winding out its engine or making it scream. And how infuriating is that? Try 333 horsepower worth.

M, thanks.

The dream of driving an M3 is that there’s all that potential car enthusiasts crave. The reality is, that’s all it is: Potential.

Performance nuts will gush, gearheads will gawk, and your neighborhood-friendly police officer will pull you over if you even think about edging into the power band of this two-door sports coupe. Careful: One hundred and three horsepower per cylinder will do that to you. So will a four-tailpipe exhaust system and a range of harmonics that sounds better than a German pipe organ on Oktoberfest weekend.

Indeed, the Fatherland has done good.

First delivered as a late 2001, and unchanged for 2002, the M3 is the performance version of BMW’s very popular, very successful 3-Series. Previous M3 models have been solid rides, but lacked the punch to deliver a truly gutsy ride against other muscular entries. At 240 horses, the old M3s were a nice bump up in the food chain – until a Corvette ate them for lunch.

Now look who’s invited to dinner.

The new M3 is engineering prowess from every angle, but especially under the hood.

Seated quietly in your driveway, it is an unassuming, sleek and smartly designed coupe with chrome M3 badging, fender flares, spoked wheels and scalloped headlights that flow into the rest of the body.

Rolled out of the driveway, it’s a demon.

Turn the key and it rumbles to life, growling and buzzing. Hit the gas and things turn haywire. Under the hood, a robust, naturally aspirated, twin-cam, 3.2-liter, in-line six-cylinder engine busts out more power than a Jaguar XJ8 or a Porsche 911 Carrera. (Whew!)

And it loves to spend time near an incredible 8,000 rpm – all delivered through a six-speed gearbox, its only transmission, with throws that are sharp, short and smooth.

This is no rush to revs, either. Maybe the greatest thing about the M3 is that it is not raw power from your right foot to the engine block. There is a broad torque band that means head-snapping fun from 20 mph or 120. And all of that power under the hood is tied to a trend-setting design underneath. With an all-independent sport suspension, four-wheel vented disc brakes and variable-assist steering, the M3 can be M-planted against a corner and still come out roaring. It handles with a surgeon’s precision and responsiveness that seems to be constantly asking for mor e. It even has an electronic stability program to shield inexpert drivers from making huge errors of judgment – or just in case your 16-year-old son accidentally gets the keys.

Loaded up with an invoice of standard equipment, the M3 also includes side air bags, a head protection system and a tire-pressure monitoring system. There’s also a fair amount of room for rear-seat passengers, the front bucket seats will hug your sides and there’s a fun quotient that, in our estimation, breaks the meter.

But, again, practicality must be considered.

Even if you could find room in city driving to park the M3 into sixth gear, it probably wouldn’t happen until 3 in the morning or on some interstate when you needed overdrive to save gas.

Also, a few passengers found the doors a bit heavy and, with a sloped roof and high front end, seating is tough for anyone under 5-foot-9. With ultra-low profile Michelin P225/45ZR-18 performance tires on the front and P225/40ZR-18s on the back t grips and sticks, especially in cornering, but does rattle a little over rough pavement. It’s (dare we say?) choppy.

But enough of that. This is a car that will bring tears to a purist’s eyes – incredible engine, sweet steering and a total hi-fi driving experience. At 65 mph.

So how much will all this frustration cost you?

More than you think.

A breathtaking ride needs a sticker to match, right? The M3 doesn’t disappoint. With a $45,400 base, it ranks right up there with the high-performance models we all crave but only few can afford.

That’s not including a $1,100 leather package, a $645 destination charge and a $1,000 “gas-guzzler” tax, even though the M3 ranks right in there with other big-pedal, high-dollar rides at 16 mpg city/24 mpg highway.

Actually, for 45K I have a better idea. Start building that bridge to the Autobahn.

2002 BMW M3 – SPECS

Rating: 3.5

High gear: Incredible engine, ferocious low-end speed, smooth handling and a silky gearbox make this a purist’s dream, and not a bad resale. Looks don’t suffer either.

Low gear: Low-profile tires can create a ride that’s a little choppy and lumpy over rough surfaces. A lack of power seats or standard CD player may raise some eyebrows for this price.

Vehicle type: Rear-wheel drive, front-engine, two-door, four-passenger sports coupe.

Standard equipment: Six-speed manual transmission; dual front airbags; front side airbags; front side head-protection airbags; antilock 4-wheel ABS; air conditioning w/auto climate control; power, tilt steering; cruise control; heated, power mirrors; power door locks; remote keyless entry; AM/FM/cassette w/steering wheel controls; theft-deterrent system; fog lights; limited-slip differential; passenger-side mirror tilt-down back-up aid; automatic mirrors; outside temperature display; tire-pressure indicator; chrome alloy wheels.

Competition: Mercedes Benz CLK55 AMG, Chevrolet Corvette, Audi S6, Lexus IS 300

Engine: 333 horsepower, 3.2-liter, DOHC 24-valve in-line six-cylinder

Torque: 262 foot-lbs. @ 4,900 rpm

Wheelbase: 107.5 inches

Length: 176.8 inches

MPG rating: 16 mpg city/24 mpg highway

Manufactured: Germany

Warranty: Basic warranty is four years/50,000 miles; rust perforation warranty is six years/unlimited miles; roadside assistance warranty is four years/50,000 miles; free scheduled maintenance is three years/36,000 miles.

Base price: $45,400

Price as tested (includes options, destination and delivery charges): $49,195

2002 BMW M3 review: Our expert's take
By

Chalk up the new BMW M3 to one of life’s truly unfair realities. Unless you live near an Autobahn, or they begin building a bridge over the Atlantic, you can’t really drive one.

Oh, you can tool around in stop-and-go traffic impressing your friends that the M3’s blast-of-gas power will zoom you from stoplight to stoplight. And occasionally, when a radar gun isn’t looking, you might be able to take an on-ramp at faster than posted speeds.

But don’t even think about stretching the M3’s legs, winding out its engine or making it scream. And how infuriating is that? Try 333 horsepower worth.

M, thanks.

The dream of driving an M3 is that there’s all that potential car enthusiasts crave. The reality is, that’s all it is: Potential.

Performance nuts will gush, gearheads will gawk, and your neighborhood-friendly police officer will pull you over if you even think about edging into the power band of this two-door sports coupe. Careful: One hundred and three horsepower per cylinder will do that to you. So will a four-tailpipe exhaust system and a range of harmonics that sounds better than a German pipe organ on Oktoberfest weekend.

Indeed, the Fatherland has done good.

First delivered as a late 2001, and unchanged for 2002, the M3 is the performance version of BMW’s very popular, very successful 3-Series. Previous M3 models have been solid rides, but lacked the punch to deliver a truly gutsy ride against other muscular entries. At 240 horses, the old M3s were a nice bump up in the food chain – until a Corvette ate them for lunch.

Now look who’s invited to dinner.

The new M3 is engineering prowess from every angle, but especially under the hood.

Seated quietly in your driveway, it is an unassuming, sleek and smartly designed coupe with chrome M3 badging, fender flares, spoked wheels and scalloped headlights that flow into the rest of the body.

Rolled out of the driveway, it’s a demon.

Turn the key and it rumbles to life, growling and buzzing. Hit the gas and things turn haywire. Under the hood, a robust, naturally aspirated, twin-cam, 3.2-liter, in-line six-cylinder engine busts out more power than a Jaguar XJ8 or a Porsche 911 Carrera. (Whew!)

And it loves to spend time near an incredible 8,000 rpm – all delivered through a six-speed gearbox, its only transmission, with throws that are sharp, short and smooth.

This is no rush to revs, either. Maybe the greatest thing about the M3 is that it is not raw power from your right foot to the engine block. There is a broad torque band that means head-snapping fun from 20 mph or 120. And all of that power under the hood is tied to a trend-setting design underneath. With an all-independent sport suspension, four-wheel vented disc brakes and variable-assist steering, the M3 can be M-planted against a corner and still come out roaring. It handles with a surgeon’s precision and responsiveness that seems to be constantly asking for mor e. It even has an electronic stability program to shield inexpert drivers from making huge errors of judgment – or just in case your 16-year-old son accidentally gets the keys.

Loaded up with an invoice of standard equipment, the M3 also includes side air bags, a head protection system and a tire-pressure monitoring system. There’s also a fair amount of room for rear-seat passengers, the front bucket seats will hug your sides and there’s a fun quotient that, in our estimation, breaks the meter.

But, again, practicality must be considered.

Even if you could find room in city driving to park the M3 into sixth gear, it probably wouldn’t happen until 3 in the morning or on some interstate when you needed overdrive to save gas.

Also, a few passengers found the doors a bit heavy and, with a sloped roof and high front end, seating is tough for anyone under 5-foot-9. With ultra-low profile Michelin P225/45ZR-18 performance tires on the front and P225/40ZR-18s on the back t grips and sticks, especially in cornering, but does rattle a little over rough pavement. It’s (dare we say?) choppy.

But enough of that. This is a car that will bring tears to a purist’s eyes – incredible engine, sweet steering and a total hi-fi driving experience. At 65 mph.

So how much will all this frustration cost you?

More than you think.

A breathtaking ride needs a sticker to match, right? The M3 doesn’t disappoint. With a $45,400 base, it ranks right up there with the high-performance models we all crave but only few can afford.

That’s not including a $1,100 leather package, a $645 destination charge and a $1,000 “gas-guzzler” tax, even though the M3 ranks right in there with other big-pedal, high-dollar rides at 16 mpg city/24 mpg highway.

Actually, for 45K I have a better idea. Start building that bridge to the Autobahn.

2002 BMW M3 – SPECS

Rating: 3.5

High gear: Incredible engine, ferocious low-end speed, smooth handling and a silky gearbox make this a purist’s dream, and not a bad resale. Looks don’t suffer either.

Low gear: Low-profile tires can create a ride that’s a little choppy and lumpy over rough surfaces. A lack of power seats or standard CD player may raise some eyebrows for this price.

Vehicle type: Rear-wheel drive, front-engine, two-door, four-passenger sports coupe.

Standard equipment: Six-speed manual transmission; dual front airbags; front side airbags; front side head-protection airbags; antilock 4-wheel ABS; air conditioning w/auto climate control; power, tilt steering; cruise control; heated, power mirrors; power door locks; remote keyless entry; AM/FM/cassette w/steering wheel controls; theft-deterrent system; fog lights; limited-slip differential; passenger-side mirror tilt-down back-up aid; automatic mirrors; outside temperature display; tire-pressure indicator; chrome alloy wheels.

Competition: Mercedes Benz CLK55 AMG, Chevrolet Corvette, Audi S6, Lexus IS 300

Engine: 333 horsepower, 3.2-liter, DOHC 24-valve in-line six-cylinder

Torque: 262 foot-lbs. @ 4,900 rpm

Wheelbase: 107.5 inches

Length: 176.8 inches

MPG rating: 16 mpg city/24 mpg highway

Manufactured: Germany

Warranty: Basic warranty is four years/50,000 miles; rust perforation warranty is six years/unlimited miles; roadside assistance warranty is four years/50,000 miles; free scheduled maintenance is three years/36,000 miles.

Base price: $45,400

Price as tested (includes options, destination and delivery charges): $49,195

Available cars near you

Factory warranties

New car program benefits

Basic
4 years / 50,000 miles
Corrosion
4 years / 50,000 miles
Powertrain
4 years / 50,000 miles
Roadside Assistance
4 years / 50,000 miles

Certified Pre-Owned program benefits

Age / mileage
Certified Pre-Owned Elite with less than 15,000 miles; Certified Pre-Owned with less than 60,000 miles
Basic
1 year / unlimited miles from expiration of 4-year / 50,000-mile new car warranty
Dealer certification
196-point inspection

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Consumer reviews

4.9 / 5
Based on 35 reviews
Write a review
Comfort 4.6
Interior 4.7
Performance 5.0
Value 4.9
Exterior 4.9
Reliability 4.7

Most recent

  • My favorite BMW of Several I have owned

    BMW E46 M3.. while many cars can out perform the older M3, this is my favorite, for classic, gorgeous BMW coupe looks, the last of the non-tubo 6 cylinder, and elegant interior with more than enough technology underlying the simple cockpit and controls and yet outstanding performance when you want, and docile enough to enjoy around town. Really, just an all around sweet package!
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 5.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    8 people out of 8 found this review helpful. Did you?
    Yes No
  • The best engine and body style ever

    Almost twenty years old. Not even a rattle . The best type of performance and handling you could Of bought back in 2002. It’s black on black with a convertible top
    • Purchased a New car
    • Used for Having fun
    • Does recommend this car
    Comfort 5.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    6 people out of 6 found this review helpful. Did you?
    Yes No
  • Most reliable Bmw I’ve owned

    It is a very well built and engineered car. It’s a pleasure to drive and handles like a dream. The high reving in-line 6 is super reliable and has a great exhaust note, I’ve owned a lot of sports cars and this is definitely in the number 1 or 2 spot.
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 4.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    5 people out of 5 found this review helpful. Did you?
    Yes No
  • Best Bmw built

    Curves style design reliability all in a great coupe Bmw m3 e46 the best looking m3 hands down. Always breaks necks always it’s crazy to say after 12 years still the best
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 5.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    1 person out of 1 found this review helpful. Did you?
    Yes No
  • A true drivers car!!

    This is probably the most enjoyable car I have ever owned. Comfortable, responsive, fast, sexy, and so much more. The styling is beautiful and timeless. I can see why these cars are in such high demand.
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 5.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    1 person out of 1 found this review helpful. Did you?
    Yes No
  • Really fast car for the age and pretty reliable.

    This car has a convertible, and is fast. It’s an amazing daily and has amazing shifts. This car is all around an amazing beauty car
    • Purchased a Used car
    • Used for Commuting
    • Does recommend this car
    Comfort 5.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 4.0
    0 people out of 0 found this review helpful. Did you?
    Yes No
  • Most fun to drive car I have owned.

    A fantastic handling car and continues to get compliments on it's appearance and style every where I drive. For a convertible, it has quite good trunk space.
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 5.0
    Interior 5.0
    Performance 5.0
    Value 4.0
    Exterior 5.0
    Reliability 4.0
    0 people out of 0 found this review helpful. Did you?
    Yes No
  • Great Performance Car

    I've owned this car for the last 13 years. It has been a pleasure to drive, the ultimate in performance and handling, and with the top down one feels like they are on vacation, even during a Chicago winter.
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 4.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    0 people out of 0 found this review helpful. Did you?
    Yes No
  • Amazing performance

    reliable, fun to drive, amazing performance. This is the fifth BMW I have owned and own 3 currently. Nothing drives like an M
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 4.0
    Interior 4.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 4.0
    1 person out of 1 found this review helpful. Did you?
    Yes No
  • fun car to drive

    The car handles beautifully- it is every thing I was looking for in a sports car. Its old school with no turbo or supercharger , but can get going at high revs you get a great feeling of the road when you drive it. The body was in great shape for the year and the interior has held up nicely . They are just fun cars to drive
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 5.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    1 person out of 1 found this review helpful. Did you?
    Yes No
  • E46 M3 is just what I hoped

    I have wanted this car for over 15 years, let's say it did not disappoint. I have only had it a week but it is everything I hoped it would be. If you are thinking about buying a manual coupe E46 M3, do it before they become too expensive again
    • Purchased a Used car
    • Used for Commuting
    • Does recommend this car
    Comfort 4.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 4.0
    1 person out of 1 found this review helpful. Did you?
    Yes No
  • Nothing this fun to drive is this practical.

    With minor modifications, the e46 M3 is just about as fast and fun to drive as a Cayman S or an S2000. That's saying something. But you get a trunk, room or 4 (in a pinch) and reasonable affordability. Also IMO, the e46 M3 has a purposeful yet aggressive look that is timelessly attractive.
    • Purchased a New car
    • Used for Having fun
    • Does recommend this car
    Comfort 3.0
    Interior 4.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 4.0
    0 people out of 0 found this review helpful. Did you?
    Yes No

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FAQ

What trim levels are available for the 2002 BMW M3?

The 2002 BMW M3 is available in 1 trim level:

  • M3 (2 styles)

What is the MPG of the 2002 BMW M3?

The 2002 BMW M3 offers up to 16 MPG in city driving and 23 MPG on the highway. These figures are based on EPA mileage ratings and are for comparison purposes only. The actual mileage will vary depending on vehicle options, trim level, driving conditions, driving habits, vehicle maintenance, and other factors.

What are some similar vehicles and competitors of the 2002 BMW M3?

The 2002 BMW M3 compares to and/or competes against the following vehicles:

Is the 2002 BMW M3 reliable?

The 2002 BMW M3 has an average reliability rating of 4.7 out of 5 according to cars.com consumers. Find real-world reliability insights within consumer reviews from 2002 BMW M3 owners.

Is the 2002 BMW M3 a good Coupe?

Below are the cars.com consumers ratings for the 2002 BMW M3. 100.0% of drivers recommend this vehicle.

4.9 / 5
Based on 35 reviews
  • Comfort: 4.6
  • Interior: 4.7
  • Performance: 5.0
  • Value: 4.9
  • Exterior: 4.9
  • Reliability: 4.7

BMW M3 history

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