The 2004 BMW M3, part of the E46 generation, is a high-performance sports car renowned for its balance of power and handling. Available as a coupe and convertible, the E46 M3 was produced from 2000-2006. Key trims include the base M3 and Competition Package (ZCP). What sets it apart is its naturally aspirated inline-six engine and sharp driving dynamics. Original MSRP ranged from $46,000 to $56,000.
The Good
The 2004 BMW M3 excels in performance with its responsive engine and sharp handling, appealing to enthusiasts. Its classic design and comfortable interior create an enjoyable driving experience. While not the most efficient, it offers decent reliability for its class, and represents solid value as a used performance car. It's a car that stirs emotion and provides driving satisfaction.
The Bad
Potential weaknesses of the 2004 BMW M3 include subframe cracking, VANOS system issues, and rod bearing wear. These problems can lead to costly repairs if not addressed. Rust, particularly in areas like the rear arches, is also a concern. Regular maintenance and inspection are crucial for mitigating these risks.
2004 BMW M3: Quick Overview
- Engine Options: 3.2L S54 Inline-6
- Horsepower: 333 hp @ 7,900 rpm
- Torque: 262 lb-ft @ 4,900 rpm
- Fuel Economy (EPA Estimated):
- City: 16-17 mpg
- Highway: 22-24 mpg
- 0-60 mph: 4.8-5.2 seconds (depending on transmission and testing)
- Towing Capacity: Not Applicable (Not designed for towing)
- Trim-Level Features:
- Base M3: Leather seats, sunroof, automatic climate control, Harman Kardon sound system (optional), xenon headlights, power windows and locks.
- Competition Package (ZCP): Upgraded 19" wheels, quicker steering ratio, upgraded brakes, unique interior trim (Alcantara steering wheel and shift boot).
- Transmission Options:
- 6-speed manual
- 6-speed SMG (Sequential Manual Gearbox)
- Other Notable Features:
- Limited-slip differential
- Sport-tuned suspension
- M-specific instrument cluster
- Aggressive body styling
- Safety Features:
- Anti-lock brakes (ABS)
- Dynamic Stability Control (DSC)
- Multiple airbags
2004 BMW M3 Specifications
Vehicle Information
| Year | 2004 |
| Make | BMW |
| Model | M3 |
| Trim | - |
| Style | Coupe |
| Type | Coupe |
| Category | Subcompact Car |
Manufacturing Details
| Made In | Germany |
| Manufacturing City | DINGOLFING |
Dimensions
| Doors | 2-Door |
| Curb Weight | 1549.02 kg |
| Gross Vehicle Weight Rating | - |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | 3.2 6 |
| 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) | $47,100 USD |
| Invoice Price | $43,020 USD |
| Delivery Charges | $695 USD |
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What Problems Does the 2004 BMW M3 Have?
The 2004 BMW M3, like other E46 M3s, has several frequently reported problems. The most concerning is rear subframe cracking, where the chassis can develop cracks around the mounting points for the rear subframe. This requires significant repairs. The VANOS (variable valve timing) system is another common source of issues, including solenoid failures and oil pump malfunctions. Rod bearing failure is also a known problem, potentially leading to catastrophic engine damage if left unaddressed. Regular oil changes with the correct oil viscosity are crucial.
Rust can also be a concern, particularly in areas prone to salt exposure. The SMG transmission, if equipped, can be problematic, with potential for pump failures and software glitches. Routine maintenance, including fluid changes and software updates, is essential for SMG-equipped models. The cooling system, including the radiator and water pump, can also be prone to failure over time.
While there have been recalls for other E46 models, the M3 specifically had fewer widespread recall campaigns. However, it's always advisable to check the vehicle's VIN for any outstanding recalls or service bulletins. Long-term reliability hinges heavily on preventative maintenance and addressing known issues promptly. Neglecting these issues can lead to costly repairs down the line. It's crucial to inspect any potential purchase thoroughly, including a pre-purchase inspection by a qualified BMW mechanic.
Rust can also be a concern, particularly in areas prone to salt exposure. The SMG transmission, if equipped, can be problematic, with potential for pump failures and software glitches. Routine maintenance, including fluid changes and software updates, is essential for SMG-equipped models. The cooling system, including the radiator and water pump, can also be prone to failure over time.
While there have been recalls for other E46 models, the M3 specifically had fewer widespread recall campaigns. However, it's always advisable to check the vehicle's VIN for any outstanding recalls or service bulletins. Long-term reliability hinges heavily on preventative maintenance and addressing known issues promptly. Neglecting these issues can lead to costly repairs down the line. It's crucial to inspect any potential purchase thoroughly, including a pre-purchase inspection by a qualified BMW mechanic.
How long will the 2004 BMW M3 last?
A well-maintained 2004 BMW M3 can easily exceed 200,000 miles. Many owners report reaching this milestone with proper care. Expect 15-20 years of service, or more, with conscientious maintenance. Long-term durability depends heavily on addressing known weaknesses like subframe cracking, VANOS issues, and rod bearing wear. Cooling system components and rubber bushings also degrade over time, requiring replacement. Regular maintenance, including oil changes, fluid flushes, and inspections, is crucial for maximizing longevity. Poor maintenance significantly reduces lifespan and increases the likelihood of major component failures.
What Technology & Safety Features are Included?
The 2004 BMW M3 offered a decent array of tech for its time, but it's not comparable to modern vehicles.
Entertainment: Standard features included a CD player and a decent sound system. An optional Harman Kardon sound system was available, offering enhanced audio quality. Navigation was also optional, using a screen integrated into the dashboard.
Driver-Assistance: Driver-assistance features were limited. It had cruise control and rear parking sensors were available as an option.
Safety: Standard safety features included anti-lock brakes (ABS), dynamic stability control (DSC), and multiple airbags (front, side).
Crash-Test Ratings: The E46 M3 generally performed well in crash tests for its era. While specific 2004 M3 crash test ratings may be difficult to find, the E46 series earned good ratings from the Insurance Institute for Highway Safety (IIHS). NHTSA (National Highway Traffic Safety Administration) ratings are similarly positive for the E46 platform as a whole. However, it's important to remember that safety standards have evolved significantly since 2004, and modern vehicles offer superior safety technology. The tech is dated by today's standards; however, it had industry leading safety technology for it's time.
Entertainment: Standard features included a CD player and a decent sound system. An optional Harman Kardon sound system was available, offering enhanced audio quality. Navigation was also optional, using a screen integrated into the dashboard.
Driver-Assistance: Driver-assistance features were limited. It had cruise control and rear parking sensors were available as an option.
Safety: Standard safety features included anti-lock brakes (ABS), dynamic stability control (DSC), and multiple airbags (front, side).
Crash-Test Ratings: The E46 M3 generally performed well in crash tests for its era. While specific 2004 M3 crash test ratings may be difficult to find, the E46 series earned good ratings from the Insurance Institute for Highway Safety (IIHS). NHTSA (National Highway Traffic Safety Administration) ratings are similarly positive for the E46 platform as a whole. However, it's important to remember that safety standards have evolved significantly since 2004, and modern vehicles offer superior safety technology. The tech is dated by today's standards; however, it had industry leading safety technology for it's time.
What Colors Options are Available?
Exterior Colors
Alpine White III
Black II
Imola Red
Oxford Green II
Steel Grey Metallic
Titanium Silver Metallic
Carbon Black Metallic
Phoenix Yellow Metallic
Laguna Seca Blue
Topaz Blue Metallic
Alpine White
Black Sapphire Metallic
Imola Red
Oxford Green Metallic
Silver Grey Metallic
Carbon Black Metallic
Laguna Seca Blue
Phoenix Yellow
Steel Grey Metallic
Estoril Blue Metallic
Alpine White III
Jet Black
Silver Grey Metallic
Carbon Black Metallic
Imola Red
Oxford Green Metallic
Phoenix Yellow Metallic
Estoril Blue Metallic
Laguna Seca Blue
Titanium Silver Metallic
Alpine White
Black Sapphire Metallic
Carbon Black Metallic
Imola Red
Oxford Green Metallic
Steel Grey Metallic
Titanium Silver Metallic
Laguna Seca Blue
Phoenix Yellow Metallic
Alpine White III
Black II
Imola Red
Oxford Green II
Steel Grey Metallic
Titanium Silver Metallic
Carbon Black Metallic
Phoenix Yellow Metallic
Laguna Seca Blue
Estoril Blue Metallic
Silver Grey Metallic
Alpine White
Black Sapphire Metallic
Silver Grey Metallic
Imola Red
Carbon Black Metallic
Oxford Green Metallic
Laguna Seca Blue
Phoenix Yellow Metallic
Steel Grey Metallic
Titanium Silver Metallic
Alpine White
Jet Black
Silver Grey Metallic
Imola Red
Oxford Green Metallic
Carbon Black Metallic
Laguna Seca Blue
Phoenix Yellow Metallic
Steel Grey Metallic
Topaz Blue Metallic
Alpine White
Black Sapphire Metallic
Imola Red
Oxford Green Metallic
Steel Grey Metallic
Titanium Silver Metallic
Carbon Black Metallic
Phoenix Yellow Metallic
Laguna Seca Blue
Estoril Blue Metallic
Alpine White III
Jet Black
Silver Grey Metallic
Titanium Silver Metallic
Oxford Green Metallic
Laguna Seca Blue
Imola Red
Carbon Black Metallic
Mystic Blue Metallic
Steel Grey Metallic
Phoenix Yellow Metallic
Interior Colors
Cinnamon Leather
Black Leather
Grey Leather
Kyalami Orange
Kiwi Leather
Black Nappa Leather
Grey Nappa Leather
Imola Red Nappa Leather
Anthracite Cloth/Leather
Black Nappa Leather
Grey Nappa Leather
Imola Red Nappa Leather
Kiwi Nappa Leather
Anthracite Cloth/Leather
Cinnamon
Black Nappa Leather
Gray Nappa Leather
Kyalami Orange
Kiwi Leather
Black Nappa Leather
Grey Nappa Leather
Imola Red Nappa Leather
Laguna Seca Blue Nappa Leather
Nappa Black
Nappa Grey
Nappa Cinnamon
Nappa Imola Red
Nappa Kiwi
Nappa Black
Nappa Grey
Nappa Cinnamon
Nappa Imola Red
Walk Nappa Black
Walk Nappa Grey
Walk Nappa Cinnamon
Walk Nappa Imola Red
Cloth/Leather Anthracite
Modena Natur
Kyalami Orange
Black Nappa Leather
Gray Nappa Leather
Imola Red Nappa Leather
Cinnamon Nappa Leather
Kiwi Leather
Black Leather
Grey Leather
Cinnamon Leather
Nappa Black Leather
Nappa Grey Leather
2004 BMW M3 Prices and Market Value
The 2004 BMW M3 had an MSRP ranging from approximately $46,000 to $56,000 when new, depending on options and trim. Current used market prices typically range from $20,000 to $40,000 or more, influenced by mileage, condition, and maintenance history. Well-maintained examples with low mileage command a premium. The M3 has depreciated significantly from its original price, but its value has stabilized and even begun to appreciate slightly due to its status as a modern classic. Factors affecting resale value include: mileage, condition, color, transmission (manual preferred), and the presence of desirable options like the Competition Package.
2004 BMW M3 Cost of Ownership
The 2004 BMW M3 is generally considered costly to own. Insurance premiums are relatively high due to its performance capabilities. Fuel costs can be significant, especially with spirited driving. Maintenance and repairs can be expensive, particularly for known issues like VANOS and subframe cracking. Parts availability is generally good, but specialized components can be pricey. Long-term ownership requires a proactive approach to maintenance to avoid major expenses. This is not an economical vehicle for budget-conscious buyers.
2004 BMW M3 Fuel Efficiency
Fuel Type
Gasoline (Required)
Fuel Capacity
62.84 liters
City Mileage
6.38 km/l
Highway Mileage
9.35 km/l
2004 BMW M3 Safety Rating
NHTSA
IIHS
2004 BMW M3 Recalls & Defects
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: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.
2004 BMW M3 Insurance
Insurance for a 2004 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 2004 BMW M3 Compare to Other Coupe?
The 2004 BMW M3 competed against rivals such as the Audi S4, Mercedes-Benz C32 AMG, and Porsche 911. In terms of performance, the M3 offered a balanced experience, with sharp handling and a responsive engine, often considered more engaging than the C32 AMG. The S4 provided all-wheel drive grip, but lacked the M3's raw driving feel. The Porsche 911 offered superior performance but at a significantly higher price point.
In terms of features, the M3 was comparable to the S4 and C32 AMG, though it lacked some of the luxury amenities found in the Mercedes. Reliability is a mixed bag; the M3 has known issues, while the S4 can suffer from timing chain problems. The C32 AMG can also have its share of maintenance headaches.
In terms of price, the M3 generally offered good value for its performance. Alternatives to the M3 include: Porsche Boxster/Cayman (for handling), Lexus IS300 (for reliability), or a newer BMW 335i/340i (for a blend of performance and modern features). However, few cars match the M3's unique blend of performance, style, and driver involvement, making it a desirable choice despite its potential drawbacks.
In terms of features, the M3 was comparable to the S4 and C32 AMG, though it lacked some of the luxury amenities found in the Mercedes. Reliability is a mixed bag; the M3 has known issues, while the S4 can suffer from timing chain problems. The C32 AMG can also have its share of maintenance headaches.
In terms of price, the M3 generally offered good value for its performance. Alternatives to the M3 include: Porsche Boxster/Cayman (for handling), Lexus IS300 (for reliability), or a newer BMW 335i/340i (for a blend of performance and modern features). However, few cars match the M3's unique blend of performance, style, and driver involvement, making it a desirable choice despite its potential drawbacks.
Final Verdict: Is the 2004 BMW M3 a Good Coupe?
The 2004 BMW M3 is ideal for driving enthusiasts who appreciate a classic sports car with a raw and engaging driving experience. It's worth buying if you're prepared for the potential maintenance costs and known issues. A pre-purchase inspection by a qualified BMW mechanic is essential. Look for well-maintained examples with documented service history. A manual transmission is often preferred for its enhanced driving experience. While the Competition Package (ZCP) is desirable, it commands a premium. If you're seeking modern technology and ultimate reliability, other options might be better, but the E46 M3 offers a unique and rewarding experience for the right owner.
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.