Background
There had been expensive, limited-edition M-Series models before the M3 but it was the latter that brought BMW's premier performance brand within the reach of less wealthy enthusiasts.
The M3 resulted from BMW's need for a car suitable for Group A racing. By this time (the early 1980s) BMW's single-overhead-cam slant-four engine would have been hopelessly outclassed on the racetrack so the required power increase was achieved by bolting on a 16-valve cylinder head. Bored out to 93.4mm, the Bosch fuel-injected M3 motor displaced 2,302cc and produced a class-leading 200bhp.
The fourth generation 3-Series was launched in 1997 in a wide range of body styles: a four-door saloon; a two-door coupe; a two-door convertible; a five-door estate; and a three-door hatchback. Also available with both a rear-wheel-drive chassis and four-wheel-drive, the E46 driver could also choose between a wide variety of both petrol and diesel engines, manual and automatic transmissions.
Competent beyond fault, the range might have had breadth but, if we’re being honest, it didn’t have a lot of depth. Until, that is, the introduction of the high-performance M3.
Launched in 2000, the M3 featured a 3.2-litre, straight-six, normally aspirated engine under the bonnet; with a whopping 338bhp and 269lb/ft of torque, the M3 could streak to 62mph in 5.1 seconds – and could do so whether it was fitted with the six-speed manual gearbox, or the six-speed SMG-II sequential flappy paddle gearbox.
And it was no straight-line dragster, either; Car and Driver magazine tested it in the US and recorded 0.89g in cornering force for the coupé, and 0.81g for the convertible.
Weighing just over 1,500kgs, the M3 benefits from widened wheel arches, unique side skirts, and a modified front spoiler.
The M3 E46 died in 2006 after more than 85,000 had been built, split 56,000 for the coupé and 30,000 for the convertible.







