2002 BMW M3

Amelia Island 2020 - Gooding & Co.
Friday, 6 March - Saturday, 7 March 2020
Sale Price
Lot Number
Gooding & Company
Auction House
Chassis No. WBSBL934X2JR16628. Laguna Seca Blue over gray leather. 3246- cc, 333-hp L-6. 6-speed manual. Black wheels, Continental tires, Harman/ Kardon stereo. Sunroof delete, books, tools, and Motorola StarTAC radio.

Evaluation: Original | Some light chips on the nose and two small scratches on the hood, but otherwise fantastic paint in Laguna Seca Blue, which is, hands down, the best color. No wear to speak of in the interior. Original brakes are showing their age. Represented with 19,608 miles, which is reassuringly low, but not so low that you couldn’t drive it without feeling guilty. A mostly excellent E46 M3 that has been treated well its whole life.

Bottom Line: The third-generation (E46) M3 is perhaps the cleanest looking of the series. Enthusiasts love them, as they’re lighter, smaller, and more fun to drive than the generations that succeeded them. No surprise, they’ve been getting pricier for a couple of years now. This result is massive and ahead of the curve, nearly what the car cost new if you count for inflation. It’s also worth noting that colors can make a big difference in some cases, and this is one of them.

by Hagerty Editor
1 February 2020
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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.