2001 BMW M3

Sale Price
$70,000 - $80,000
Est. Range
4 March 2022
Sold Date
Lot Number
Unrestored Original
Gooding & Company
Auction House
Chassis no. WBSBL93421JR10367. Laguna Seca Blue over gray leather. 3246cc/333hp I6, 6-speed manual, Bridgestone Potenza tires, sunroof, cold weather package, Harman Kardon sound system.

Evaluation: From the Rudy Mancinas collection. Represented with 16,000 miles, which is that sweet spot of low but not too low. Rod bearing replacement done in 2019. Still presents like a new car other than ever so slight wrinkling on the driver’s seat. A top notch example of one of BMW’s greatest hits.

Bottom Line: The MSRP on a 2001 M3 was $45,400 (about $72k today). Being such a great all-around driver’s car (indeed one of BMW’s best), plenty got driven and used up. Few are anywhere near as clean as the car in Amelia. And if an E46 M3 was ever to break six figures, this one probably deserved to be the first. Laguna Seca Blue is the best color, the coupe is the most desirable body style, the 6-speed manual is the preferred transmission, and the car has just the right amount of ticks on the odometer for someone who wants a like-new M3 but also wants to drive and enjoy it without feeling guilty. The result is the new benchmark for this generation of Ultimate Driving Machine.

by Andrew Newton
11 March 2022
2001 BMW M3 front three-quarter
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.