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The BMW E46 M3 is known for its exceptional driving experience and is considered the best BMW of all time by many enthusiasts. However, there is one spec that tends to be less popular – the E46 M3 Convertible with an SMG gearbox. It’s less preferred among enthusiasts due to its gearbox. Due to its lack of popularity, these convertible models can often be found at a lower price point. For example, the one currently for sale on Bring a Trailer. But is this convertible worth considering as a cheap thrill sports car, or should it be avoided?
The 2004 BMW M3 Convertible is a solid car, but it has drawbacks. The E46 Convertibles generally have a reputation for being more flexible than their coupe counterparts, resulting in a less precise driving experience. However, it can still be a fun car to drive if you’re not looking to take it on the track. The key is to accept that it will be less sharp and capable than the coupe version.
The biggest downside of this particular convertible is the SMG gearbox. The Sequential Automated Gearbox, a six-speed, single-clutch, automated manual, was considered frustrating to drive when it was first introduced. Today, the SMG gearbox needs to be updated with the advancements in rapid-fire dual-clutch transmissions and eight-speed automatics. But if you can work around its shortcomings and learn to live with it, you’ll still have an M3 with an incredible engine and steering.
This particular M3 Convertible has 87,000 miles on the odometer, which may concern some buyers about potential repair costs. However, it is in nice shape, with a clean exterior and interior. The current bid is likely to increase before the auction ends. However, it will still be cheaper than a nice coupe. If you’re looking for a high-quality E46 M3 at a lower price point, this might be a great option for you. Check it out and decide for yourself if it’s worth the investment.
