2006 BMW M3 Convertible *REDUCED*

Clean. Fast. Beautiful. One owner.

Great news for the next owner: This car has already had most of the major repairs one can expect from an E46 M3.

· VANOS re-build

· Water pump

· Air pump

· SMG pump

· Oil leak

· Serpentine and AC belts

· Front & rear brake pads and rotors

· New tires

· Smogged

If you are unfamiliar with BMW’s VANOS system and its recall, it’s something you must consider for any M3 built over the last 15 years. Not every model year was covered with the factory recall, but every model year should have been! This vehicle has had the VANOS and valves replaced, a $9,000 repair covered in part by the factory. If a vehicle suffers a VANOS failure, it could require a whole new engine that costs $20,000. So having an M3 with a new VANOS system is a major plus.

As it stands today, this vehicle with 116,000 miles has only 16,000 miles on its rebuilt motor. This car has never been raced and has been kept in a covered garage in Los Angeles its entire life. Most of its miles are freeway and highway miles.

Cosmetically, the main issue is that the leather driver’s seat upholstery is a bit torn. Replacing the leather costs $850 and this has been factored into the asking price. There’s a worn spot on the steering wheel and the SMG cover plate is sun-worn. That’s about a $180 replacement. A couple of small door dings.

The oil level indicator sensor is a bit faulty but the car doesn’t leak oil, so as long as you check it fairly regularly, there’s no problem. Repairing the sensor is around two hundred dollars.