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 | - |
Overall Length | - |
Overall Width | - |
Wheelbase Length | - |
Standard Seating | - |
Engine & Performance
Engine | 3.2-L I6 |
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 | - |
Steering Type | - |
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
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 Recalls & Defects
AIR Bags
Recall date
2013-05-03
Recall no.
13v172000
Source
NHTSA
Summary
BMW IS Recalling Certain Model Year 2002-2003 325i, 325xi, 330i, 330xi Sedans; 325ci and 330ci Coupes and Convertibles; 325it and 325xit Sports Wagons; and M3 Coupes and Convertibles TO Address A Safety Defect IN THE Passenger Side Frontal AIR BAG Which MAY Produce Excessive Internal Pressure Causing THE Inflator TO Rupture Upon Deployment OF THE AIR Bag.
Consequence
IN THE Event OF A Crash Necessitating Deployment OF THE Passenger's Frontal AIR Bag, THE Inflator Could Rupture With Metal Fragments Striking and Potentially Seriously Injuring THE Passenger Seat Occupant or Other Occupants.
Remedy
BMW Intends TO Issue Initial Notifications TO Owners Informing Them OF THE Safety Defect IN June 2013. Once Replacement Parts ARE Available, Estimated FOR July, BMW Will Notify Owners Again TO Contact Their Dealers and Schedule A Replacement OF THE Passenger AIR Bag, Free OF Charge. Owners MAY Contact BMW Customer Service AT 1-800-525-7417 or Email BMW AT [email protected].
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.safercar.gov.
AIR Bags
Recall date
2014-07-16
Recall no.
14v428000
Source
NHTSA
Summary
BMW OF North America, LLC (Bmw) IS Recalling Certain Model Year 2000 323i Sedans, Coupes, Convertibles, and Sports Wagons; 2000 328i Sedans and Coupes; 2001-2005 325i Sedans, Coupes, Convertibles, and Sport Wagons; 2001-2005 325xi Sedans and Sports Wagons; 2006 325i Coupes and Convertibles; 2001-2006 330i Sedans, Coupes, and Convertibles; 2001-2005 330xi Sedans; and 2001-2006 M3 Coupes and Convertibles TO Address A Safety Defect IN THE Passenger Side Frontal AIR BAG Which MAY Produce Excessive Internal Pressure That Could Cause THE AIR BAG Inflator TO Rupture Upon Deployment OF THE AIR Bag.
Consequence
IN THE Event OF A Crash Necessitating Deployment OF THE Passenger's Frontal AIR Bag, Excessive Internal Pressure Could Cause Rupturing OF THE Inflator Resulting IN Metal Fragments Striking and Potentially Seriously Injuring THE Passenger Seat Occupant or Other Occupants.
Remedy
BMW Will Notify Owners, and Dealers Will Replace THE Passenger Side Frontal AIR Bag, Free OF Charge. AN Interim Notice WAS Mailed TO Owners IN September 2014. A Second Notice WAS Mailed When AN Adequate Supply OF Parts Became Available, ON December 1, 2014. Owners MAY Contact BMW Customer Service AT 1-800-525-7417 or Email BMW AT [email protected].
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.safercar.gov.this IS AN Expansion OF Nhtsa Recall 13v-172.
AIR Bags:frontal:driver Side:inflator Module
Recall date
2015-05-28
Recall no.
15v318000
Source
NHTSA
Summary
BMW OF North America, LLC (Bmw) IS Recalling Certain Model Year 2002-2005 325i, 325xi, 330i, and 330xi Sedans, and 325xi and 325i Sportswagons, 2002-2006 330ci, 325ci, and M3 Convertibles and 325i, 330i, and M3 Coupes, 2002-2003 M5, 540i, 525i Sedan, and 530i Sedans, and 540i and 525i Sportswagons, and 2003 X5 3.0i and 4.4i Sports Activity Vehicles. Please Note That THE 5-series and X5 Vehicles ARE Only Included IF They ARE Equipped With THE Optional Sports Steering Wheel. THE Affected Vehicles ARE Equipped With A Dual-stage Driver Frontal AIR BAG That MAY BE Susceptible TO Moisture Intrusion Which, Over Time, Could Cause THE Inflator TO Rupture.
Consequence
IN THE Event OF A Crash Necessitating Deployment OF THE Driver's Frontal AIR Bag, THE Inflator Could Rupture With Metal Fragments Striking THE Driver or Other Occupants Resulting IN Serious Injury or Death.
Remedy
Owners ARE Advised NOT TO Drive Their Vehicles Until THE Vehicle HAS Been Remedied. BMW Will Notify Owners, and Dealers Will Replace THE Front Driver AIR BAG Module, Free OF Charge. THE Recall Began AUG 2016. Owners MAY Contact BMW Customer Service AT 1-800-525-7417. Note: This Recall Supersedes Recall 14v-348 IN ITS Entirety. Additionally, Vehicles That Have HAD Their Driver Side Frontal AIR BAG Replaced Previously AS Part OF A Recall Remedy Need TO Have Their AIR BAG Replaced Under This Recall AS Well. Note: ON December 17, 2015 BMW Removed THE Model Year 2004 X5 3.0i and 4.4i Sports Activity Vehicle From This Recall. Those Vehicles Were Mistakenly Identified AS Including THE AIR Bags That ARE Subject TO This Recall.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.safercar.gov.
AIR Bags:frontal:driver Side:inflator Module
Recall date
2017-01-20
Recall no.
17v047000
Source
NHTSA
Summary
BMW OF North America, LLC (Bmw) IS Recalling Certain 2000-2002 BMW 320i, 323i, 325i, 325xi, 330i, 330xi, 323ci, 325ci, 330ci, M3, 323it, 325it and 325xit Vehicles, 2001-2002 525i, 530i, 540i, M5, 525it and 540it Vehicles, and 2001-2003 X5 3.0i, X5 4.4i, and X5 4.6is Vehicles. These Vehicles MAY Have HAD A Driver-side AIR BAG Module Installed AS Replacement Equipment Such AS After A Vehicle Crash Necessitating Replacement OF THE Original AIR Bag, or AS A Remedy Part FOR A Prior Recall. These Replacement Modules Contain AN AIR BAG Inflator That MAY Rupture DUE TO Propellant Degradation Occurring After Long-term Exposure TO Lower Absolute Humidity, Temperature and Temperature Cycling.
Consequence
IN THE Event OF A Crash Necessitating Deployment OF THE Driver's Frontal AIR Bag, THE Inflator Could Rupture With Metal Fragments Striking THE Driver or Other Occupants Resulting IN Serious Injury or Death.
Remedy
Owners ARE Advised NOT TO Drive Their Vehicles Until THE Vehicle HAS Been Remedied. BMW Will Notify Owners, and Dealers Will Inspect THE Driver Side AIR BAG Module, Replacing IT AS Necessary, Free OF Charge. THE Recall Began March 15, 2017. Owners MAY Contact BMW Customer Service AT 1-800-525-7417.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.safercar.gov.
AIR Bags:frontal:passenger Side:inflator Module
Recall date
2020-01-15
Recall no.
20v018000
Source
NHTSA
Summary
BMW OF North America, LLC (Bmw) IS Recalling Certain 2000-2005 323it, 325it, 325xit, 320i, 323i, 325i, 325xi, 328i, 330i and 330xi and 2000-2006 323ci, 325ci, 328ci, 330ci, M3 Coupe, 323cic, 325cic, 330cic, and M3 Convertible Vehicles Equipped With Non-desiccated Frontal Takata Psan Inflators and Pspi Passenger Frontal AIR BAG Inflators Containing Phase Stabilized Ammonium Nitrate (Psan) Propellant That Were Used AS Interim Remedy Parts FOR Previous Takata Recalls. These Inflators MAY Explode DUE TO Propellant Degradation Occurring After Long-term Exposure TO High Absolute Humidity, High Temperatures, and High Temperature Cycling.
Consequence
AN Inflator Explosion MAY Result IN Sharp Metal Fragments Striking THE Driver or Other Occupants Resulting IN Serious Injury or Death.
Remedy
BMW Will Notify Owners, and Dealers Will Replace THE Passenger's Front AIR Bag, Free OF Charge. THE Recall Began February 13, 2020. Owners MAY Contact BMW Customer Service AT 1-800-525-7417.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.safercar.gov.
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.