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2002 BMW 3 Series Overview, Reviews, Ratings & Specs

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Simon A | March 31, 2025
The 2002 BMW 3 Series, part of the E46 generation (1999-2006), cemented BMW's reputation for sporty handling and refined interiors. Body styles included sedan, coupe, wagon, and convertible. Key trims ranged from the 320i to the performance-oriented 330i and the iconic M3. New, prices ranged from around $27,000 to $45,000+ for the M3. Its blend of driving dynamics and everyday usability made it a popular choice for enthusiasts and practical drivers alike. The M3, in particular, is highly sought after.
The Good

The 2002 BMW 3 Series offers a compelling blend of performance and practicality. Its precise handling and responsive engines appeal to driving enthusiasts (emotional). Simultaneously, its comfortable interior, relatively good fuel economy for its class, and enduring design make it a sensible choice for everyday use (practical). Even now it provides good value in the used market.

The Bad

Common weaknesses of the 2002 BMW 3 Series include cooling system issues (radiator, water pump, thermostat), especially in higher mileage examples. Oil leaks are also frequently reported. Suspension components, such as control arm bushings, can wear out. Rust can be a concern in areas with harsh winters. For the M3, rod bearing issues are a critical concern.

2002 BMW 3 Series: Quick Overview

Key specs for the 2002 BMW 3 Series:

  • Engine Options:
    • 2.5L Inline-6 (325i/325Ci/325xi): 184 hp
    • 3.0L Inline-6 (330i/330Ci/330xi): 225 hp
    • 3.2L Inline-6 (M3): 333 hp
  • Horsepower: Ranging from 184 hp to 333 hp (M3)
  • Fuel Economy (estimated):
    • 325i: 20 mpg city / 29 mpg highway
    • 330i: 19 mpg city / 28 mpg highway
    • M3: 16 mpg city / 23 mpg highway
  • 0-60 Times (estimated):
    • 325i: 7.1 seconds
    • 330i: 6.4 seconds
    • M3: 4.8-5.2 seconds (depending on transmission)
  • Towing Capacity: Not generally recommended or rated for towing.
  • Trim-Level Features:
    • 325i/325Ci: Standard features include power windows/locks, air conditioning, premium sound system, alloy wheels, and anti-lock brakes.
    • 330i/330Ci: Adds features like sport seats, sport suspension, and upgraded interior trim.
    • 325xi/330xi: All-wheel drive versions of the 325i and 330i, respectively.
    • M3: High-performance engine, sport suspension, upgraded brakes, unique body styling, and sport seats. It has distinct M badging.

2002 BMW 3 Series Specifications

Vehicle Information
Year 2002
Make BMW
Model 3-Series
Trim -
Style 2-Door Convertible
Type Convertible
Category -
Manufacturing Details
Made In -
Manufacturing City -
Dimensions
Doors 2-Door
Curb Weight -
Gross Vehicle Weight Rating -
Overall Height -
Overall Length -
Overall Width -
Wheelbase Length -
Standard Seating -
Engine & Performance
Engine -
Engine Size -
Engine Cylinders -
Transmission Automatic
Transmission Type Automatic
Transmission Speeds -
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System -
Steering Type -
Pricing
Manufacturer Suggested Retail Price (MSRP) -
Invoice Price -
Delivery Charges -

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What Problems Does the 2002 BMW 3 Series Have?

The 2002 BMW 3 Series, like other E46 models, is prone to several frequently reported problems. Cooling system failures (water pump, thermostat, radiator, expansion tank) are very common and can lead to overheating and engine damage if not addressed promptly. Oil leaks, particularly from the valve cover gasket, oil filter housing gasket, and oil pan gasket, are also prevalent. Suspension issues, such as worn control arm bushings and ball joints, can affect handling and ride quality.
For the M3 specifically, rod bearing failure is a significant concern, especially in early production years. Subframe cracking is another potential issue on the M3, particularly if the car has been tracked extensively.
Recalls for the 2002 3 Series included issues with airbags and fuel filter leaks. Long-term reliability concerns center around the aging plastic and rubber components, which can become brittle and fail over time. Electrical problems, while not as common, can also occur due to wiring degradation or sensor failures. Pre-purchase inspections are crucial to identify existing or potential problems before buying. Addressing these known issues proactively is essential to ensure long-term reliability.

How long will the 2002 BMW 3 Series last?

Given their age, most 2002 BMW 3 Series vehicles have accumulated significant mileage, typically ranging from 150,000 to 250,000+ miles. With diligent maintenance, these cars can last well beyond 20 years. However, longevity heavily depends on adherence to scheduled maintenance and addressing issues promptly.
Long-term durability is generally good for core components like the engine and transmission, provided they are properly maintained. However, weaknesses emerge over time in the cooling system, suspension, and electrical systems. Rust can also become a significant concern, especially in regions with salted roads. The plastic interior trim can become brittle and crack with age and sun exposure. Regular maintenance and careful ownership are key to extending the lifespan of a 2002 3 Series.

What Technology & Safety Features are Included?

The 2002 BMW 3 Series offered a decent array of tech and safety features for its time. Built-in tech included a standard AM/FM radio with a CD player. Some models featured an optional navigation system with a small screen. Entertainment options were limited compared to modern cars.
Driver-assistance features were rudimentary, consisting mainly of anti-lock brakes (ABS) and traction control. Stability control (DSC) was optional. Safety features included front and side airbags.
Optional features included a Harmon Kardon sound system, sunroof, leather seats, and automatic climate control.
The IIHS (Insurance Institute for Highway Safety) gave the 2002 BMW 3 Series a "Good" rating in frontal offset crash tests. NHTSA (National Highway Traffic Safety Administration) ratings varied by body style, but generally, the 3 Series performed well in frontal and side crash tests. Compared to modern vehicles, its safety tech is dated, lacking features like blind-spot monitoring or lane departure warning. However, the car's inherent handling and braking capabilities still contribute to overall safety.

What Colors Options are Available?

Exterior Colors
Alpine White
Jet Black
Steel Grey Metallic
Titanium Silver Metallic
Oxford Green Metallic
Carbon Black Metallic
Laguna Seca Blue
Imola Red
Phoenix Yellow Metallic
Estoril Blue Metallic
Interior Colors
Nappa Black
Nappa Grey
Nappa Cinnamon
Nappa Imola Red
Kyalami Orange

2002 BMW 3 Series Prices and Market Value

When new, the 2002 BMW 3 Series ranged from approximately $27,000 for a base 320i sedan to over $45,000 for a well-equipped M3. Current used market prices vary widely based on condition, mileage, and trim. Expect to find 325i and 330i models ranging from $3,000 to $10,000. M3 models command a premium, typically ranging from $20,000 to $40,000 or more, depending on condition and mileage.
The 2002 3 Series has depreciated significantly over time, but well-maintained examples, especially the M3, hold their value relatively well. Factors affecting resale value include overall condition, maintenance history, low mileage, and the presence of desirable options.

2002 BMW 3 Series Cost of Ownership

The 2002 BMW 3 Series is generally not considered economical to own. Insurance costs can be moderate to high, depending on the driver's age and driving history, as well as the specific trim level (M3 will be higher). Fuel costs are average for its class. Maintenance and repair costs can be significant, especially as the car ages, due to the potential for costly repairs on the cooling system, suspension, and electrical components. The M3 has higher maintenance costs due to its performance-oriented parts. Budgeting for regular maintenance and potential repairs is crucial for long-term ownership.

2002 BMW 3 Series Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity -
City Mileage -
Highway Mileage -

2002 BMW 3 Series Safety Rating

NHTSA
Overall Rating Not Tested
Overall Frontal Star Rating Not Tested
Side Overall Star Rating Not Tested
Overall Rollover Star Rating Not Tested
Combined Front Seat Rating Not Tested
Combined Rear Seat Rating Not Tested
Overall Frontal Star Rating Not Tested
Frontal Barrier Star Ratings Not Tested
Side Barrier Star Ratings Not Tested
Rollover Resistance Star Rating Not Tested

2002 BMW 3 Series Insurance

Insurance for a 2002 BMW 3 Series is moderately priced, reflecting its status as a Convertible with strong safety ratings and
reasonable repair costs.

How Does the 2002 BMW 3 Series Compare to Other Convertible?

The 2002 BMW 3 Series competed with vehicles like the Mercedes-Benz C-Class, Audi A4, Lexus IS300, and Acura TSX. In terms of performance, the BMW 3 Series generally offered a sportier driving experience than the Mercedes-Benz C-Class, while the M3 outpaced most of its rivals in outright power and handling.
Features were comparable across the class, but the BMW arguably had a slightly more driver-focused interior. Reliability is where the BMW falls short compared to the Lexus IS300 and Acura TSX, which are known for their bulletproof reliability. The Audi A4 offered all-wheel drive but often had similar reliability concerns to the BMW.
In terms of price, the BMW was generally competitive, but used prices today reflect its higher maintenance costs. Alternatives to consider include the Lexus IS300 for superior reliability or the Acura TSX for a balance of reliability and sporty handling. For those prioritizing performance above all else, the M3 remains a strong choice, but potential buyers should be prepared for higher running costs.

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Final Verdict: Is the 2002 BMW 3 Series a Good Convertible?

The 2002 BMW 3 Series is ideal for driving enthusiasts who appreciate a well-balanced and sporty sedan, coupe, wagon, or convertible. It is worth buying *used* if you're willing to accept higher maintenance costs and are prepared to address potential issues proactively. Specific trims like the 330i offer a good balance of performance and features. The M3 is a desirable but potentially expensive option for those seeking a high-performance experience.
It's crucial to get a pre-purchase inspection by a qualified BMW mechanic to assess the car's condition and identify any existing or potential problems. Buying from a private seller with detailed maintenance records is often preferable. If reliability is a top priority, consider alternatives like the Lexus IS300.

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Simon A

Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.