The 2002 BMW M3, part of the E46 generation (1999-2006, though M3 from 2000-2006), is a high-performance sports car renowned for its balance and driver involvement. Available as a coupe and convertible, it featured a potent inline-six engine. Key trims included the standard M3 and Competition Package (ZCP). New, the price ranged from approximately $46,000 to $56,000. Its sharp handling, powerful engine, and iconic status make it highly desirable.
The Good
The 2002 BMW M3 offers thrilling performance from its high-revving engine and precise handling, appealing to enthusiasts. It's relatively comfortable for a sports car, with a timeless design. While not the most efficient, its strong resale value makes it a reasonable investment. Reliability can be good with proper maintenance, satisfying practical buyers.
The Bad
Common weaknesses of the 2002 BMW M3 include subframe cracking, VANOS system issues, rod bearing failures, and potential cooling system problems. Owners should inspect these areas thoroughly before purchase. The rear subframe is a significant concern that can lead to expensive repairs if ignored. Proper maintenance records are crucial.
2002 BMW M3: Quick Overview
- Engine: 3.2L S54 Inline-6
- Horsepower: 333 hp @ 7,900 rpm
- Torque: 262 lb-ft @ 4,900 rpm
- Fuel Economy: Approximately 16 mpg city / 23 mpg highway
- 0-60 mph: Around 5.1 seconds (manual)
- Towing Capacity: Not applicable
- Trim Levels and Features:
- Base M3: Leather seats, automatic climate control, power windows and locks, premium sound system, xenon headlights, sport suspension.
- Competition Package (ZCP): Upgraded 19-inch wheels, Alcantara steering wheel, enhanced M-Track mode, quicker steering ratio, cross-drilled brake rotors, and unique interior trim.
- Convertible: Adds a power-operated soft top with heated rear window.
- Transmission Options: 6-speed manual or 6-speed SMG (Sequential Manual Gearbox). The SMG is an automated manual transmission.
- Other Notable Features: Limited-slip differential, quad exhaust outlets, M-specific instrumentation.
2002 BMW M3 Specifications
Vehicle Information
| Year | 2002 |
| Make | BMW |
| Model | M3 |
| Trim | - |
| Style | Coupe Rear-Wheel Drive |
| Type | Coupe |
| Category | Minicompact Car |
Manufacturing Details
| Made In | Germany |
| Manufacturing City | REGENSBURG |
Dimensions
| Doors | 2-Door |
| Curb Weight | 1715.03 kg |
| Gross Vehicle Weight Rating | - |
| Overall Height | 136.91 cm |
| Overall Length | 449.33 cm |
| Overall Width | 178.05 cm |
| Wheelbase Length | 273.05 cm |
| Standard Seating | 4 |
Engine & Performance
| Engine | 3.2-L L-6 DOHC 24V |
| Engine Size | 3.2L |
| Engine Cylinders | 6 |
| Transmission | 6-Speed Manual |
| Transmission Type | Manual |
| Transmission Speeds | 6-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $53,900 USD |
| Invoice Price | $49,210 USD |
| Delivery Charges | $645 USD |
Vehicle History Report
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Analysis
What Problems Does the 2002 BMW M3 Have?
Frequently reported problems for the 2002 BMW M3 center around several key areas. The rear subframe is a well-documented concern; cracks can develop in the sheet metal where the subframe mounts to the chassis, requiring welding or reinforcement. The VANOS (variable valve timing) system is another common issue, with symptoms including rough idling and decreased performance. Solenoid failure and oil pump issues are frequently cited. Rod bearing failure is a significant risk, especially if maintenance is neglected. Early detection and preventative replacement are crucial.
Cooling system components, such as the water pump, thermostat, and radiator, are prone to failure over time, potentially leading to overheating. The SMG transmission, if equipped, can be problematic, with hydraulic pump and clutch actuator failures being common. Recalls for the E46 M3 were issued primarily for airbag inflator issues (part of the larger Takata recall) and, in some cases, fuel pump relays. Long-term reliability hinges on diligent maintenance. Addressing these known issues proactively can significantly extend the lifespan of the vehicle. Regular oil changes, valve adjustments, and cooling system maintenance are essential. The 2002 model year, being early in the E46 M3 production run, doesn't have uniquely different issues compared to other years, but consistent maintenance is vital for all E46 M3s.
Cooling system components, such as the water pump, thermostat, and radiator, are prone to failure over time, potentially leading to overheating. The SMG transmission, if equipped, can be problematic, with hydraulic pump and clutch actuator failures being common. Recalls for the E46 M3 were issued primarily for airbag inflator issues (part of the larger Takata recall) and, in some cases, fuel pump relays. Long-term reliability hinges on diligent maintenance. Addressing these known issues proactively can significantly extend the lifespan of the vehicle. Regular oil changes, valve adjustments, and cooling system maintenance are essential. The 2002 model year, being early in the E46 M3 production run, doesn't have uniquely different issues compared to other years, but consistent maintenance is vital for all E46 M3s.
How long will the 2002 BMW M3 last?
A 2002 BMW M3, with proper maintenance, can easily exceed 200,000 miles or provide reliable service for 20+ years. Owner data suggests well-maintained examples average 5,000-10,000 miles per year. Long-term durability depends heavily on preventative care, especially addressing known weaknesses like the subframe, VANOS, and rod bearings. Neglecting these areas significantly shortens lifespan. Cooling system components also need regular attention. While the engine itself is robust, ancillary systems require diligent upkeep to ensure longevity. Expect suspension components to need replacement over time as well.
What Technology & Safety Features are Included?
The 2002 BMW M3's built-in tech, entertainment, and safety features were relatively advanced for its time, though basic by modern standards. Standard features included automatic climate control, a premium sound system (often Harman Kardon), power windows and locks, and xenon headlights. Entertainment primarily consisted of a CD player and radio; navigation was an optional extra. Driver-assistance features were limited compared to today's standards, with only basic traction control and ABS (Anti-lock Braking System).
Safety features included front and side airbags, as well as dynamic stability control (DSC). Optional features included a sunroof, upgraded leather upholstery, and the aforementioned navigation system. The SMG transmission offered an alternative to the standard manual. Crash-test ratings from the IIHS (Insurance Institute for Highway Safety) for the E46 M3 were not specifically conducted; however, the standard E46 3-Series received good ratings in frontal offset crash tests. NHTSA (National Highway Traffic Safety Administration) ratings are similarly for the E46 3-Series and show generally favorable results for frontal and side impact protection. Overall, the 2002 M3 prioritized driver engagement over advanced tech and relied on robust construction and basic safety features to protect occupants. Considering its age, it lacks the sophisticated driver-assistance systems found in contemporary vehicles.
Safety features included front and side airbags, as well as dynamic stability control (DSC). Optional features included a sunroof, upgraded leather upholstery, and the aforementioned navigation system. The SMG transmission offered an alternative to the standard manual. Crash-test ratings from the IIHS (Insurance Institute for Highway Safety) for the E46 M3 were not specifically conducted; however, the standard E46 3-Series received good ratings in frontal offset crash tests. NHTSA (National Highway Traffic Safety Administration) ratings are similarly for the E46 3-Series and show generally favorable results for frontal and side impact protection. Overall, the 2002 M3 prioritized driver engagement over advanced tech and relied on robust construction and basic safety features to protect occupants. Considering its age, it lacks the sophisticated driver-assistance systems found in contemporary vehicles.
What Colors Options are Available?
Exterior Colors
Alpine White III
Jet Black
Steel Grey Metallic
Oxford Green Metallic
Carbon Black Metallic
Laguna Seca Blue
Imola Red
Phoenix Yellow Metallic
Estoril Blue Metallic
Titanium Silver Metallic
Interior Colors
Kiwi Leather
Black Nappa Leather
Grey Nappa Leather
Imola Red Nappa Leather
Caramel Nappa Leather
2002 BMW M3 Prices and Market Value
When new, the 2002 BMW M3 had a base price around $46,000, potentially reaching $56,000 with options. Currently, used market prices range significantly, typically from $20,000 to $40,000+, depending on condition, mileage, and maintenance history. Low-mileage, well-maintained examples command a premium. Depreciation has slowed considerably due to the car's classic status. Factors affecting resale value include service records, originality (unmodified cars are more desirable), color (certain colors are more popular), and the presence of the Competition Package (ZCP), which increases value. Subframe reinforcement is also a huge selling point.
2002 BMW M3 Cost of Ownership
The 2002 BMW M3 is not economical to own. Insurance costs are moderate but can be higher for younger drivers. Fuel consumption is relatively high. Maintenance and repair costs are significant, especially due to the car's age and potential for mechanical issues. Addressing common problems like VANOS, subframe, and rod bearings can be expensive. Long-term ownership requires a dedicated budget for upkeep. While a thrilling driving experience is offered, potential owners need to be prepared for higher running costs than a modern vehicle.
2002 BMW M3 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
45.42 liters
City Mileage
6.16 km/l
Highway Mileage
3.83 km/l
2002 BMW M3 Safety Rating
NHTSA
IIHS
2002 BMW M3 Warranty
Basic
Original warranty
48 months / 50,000 miles
Estimated remaining
Expired
Powertrain
Original warranty
48 months / 50,000 miles
Estimated remaining
Expired
Rust
Original warranty
72 months / unlimited miles
Estimated remaining
Expired
2002 BMW M3 Insurance
Insurance for a 2002 BMW M3 is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2002 BMW M3 Compare to Other Coupe?
The 2002 BMW M3 competed with vehicles like the Porsche Boxster S, Audi S4, and Mercedes-Benz C32 AMG. In terms of performance, the M3 offered a balanced blend of power and handling, arguably more engaging than the C32 AMG, though the Boxster S provided a different, mid-engine experience. Feature-wise, the M3 was generally well-equipped, but lacked some of the luxury appointments found in the Mercedes.
Reliability is a mixed bag; the M3 has known issues that require attention, while the Audi S4 (B6 generation) also had its share of problems (timing chain). The Boxster S is generally considered more reliable. Price-wise, the M3 is now similarly priced to its rivals on the used market, making it a competitive choice.
Alternatives depend on priorities. For pure driving experience, the Porsche Boxster S is a strong contender. For a blend of luxury and performance, the Mercedes-Benz C32 AMG might appeal. The Audi S4 offers all-wheel-drive but can be less reliable. Ultimately, the M3's iconic status and engaging driving dynamics make it a compelling choice for enthusiasts willing to address its potential maintenance needs. A well-maintained Porsche 911 (996 generation) could also be considered, although prices are typically higher.
Reliability is a mixed bag; the M3 has known issues that require attention, while the Audi S4 (B6 generation) also had its share of problems (timing chain). The Boxster S is generally considered more reliable. Price-wise, the M3 is now similarly priced to its rivals on the used market, making it a competitive choice.
Alternatives depend on priorities. For pure driving experience, the Porsche Boxster S is a strong contender. For a blend of luxury and performance, the Mercedes-Benz C32 AMG might appeal. The Audi S4 offers all-wheel-drive but can be less reliable. Ultimately, the M3's iconic status and engaging driving dynamics make it a compelling choice for enthusiasts willing to address its potential maintenance needs. A well-maintained Porsche 911 (996 generation) could also be considered, although prices are typically higher.
Final Verdict: Is the 2002 BMW M3 a Good Coupe?
The 2002 BMW M3 is ideal for driving enthusiasts who appreciate a balanced, engaging sports car. It's worth buying *used*, as new is no longer an option. However, purchase only if you're prepared for potentially high maintenance costs. Seek examples with comprehensive service records and pre-purchase inspections focusing on subframe, VANOS, and rod bearing issues. The Competition Package (ZCP) is desirable but commands a premium. A well-maintained manual transmission model is often preferred. If you prioritize reliability and low running costs above all else, alternative options might be better suited. This car is a rewarding but demanding classic.
Drew B
Drew is a seasoned automotive expert and contributor to VinCheck.info. With nearly 15 years of experience as a former Porsche technician, he brings a wealth of hands-on knowledge to his writing. Born in North Carolina, a region renowned for its deep-rooted NASCAR culture, Drew developed a passion for cars early in life, often building and working on vehicles from a young age. At VINCheck, Drew leverages his extensive technical background to provide in-depth analyses of various vehicles. His articles often focus on engine performance, reliability, and maintenance insights, offering readers practical information grounded in real-world experience. Some of his notable contributions include reviews on the Mazda CX-5's longevity and detailed examinations of engine options for models like the 2011 Toyota Camry and Tacoma