Used 1998 BMW M3 Convertible

1998 BMW M3
List price range
1998 BMW M3


  • The 1998 BMW M3 is one of our all-time favorite cars. Carves turns faster than your dad carves Thanksgiving turkey.


  • Price is a bit steep. Interior is a bit cramped.

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Edmunds' Expert Review

1998 Highlights

BMW further expands the M3 lineup by adding a four-seat convertible version for enthusiasts who crave open-air motoring. Like the M3 sedan, the convertible is available with either a manual or automatic transmission. Napa leather upholstery and a rollover protection system are standard. All M3s get standard side airbags this year.

Consumer reviews

Read what other owners think about the 1998 BMW M3.

Overall Consumer Rating

Most helpful consumer reviews

Always fun to drive
I bought a used M3 after shopping it against the 328 and 330. All of them do 0-60 pretty quickly, but after 60 only the M3 keeps on going, going, going. This car almost never fails to put a smile on my face. It looks great, handles smartly, and accelerates quickly. Drop the top and crank the tunes, and life doesn't get much finer. The back seat makes it a fairly practical car -- it'll carry 4 adults in a pinch, or 2 adults plus a week's worth of bags. It won't carry a family of 5, tow a boat, or haul sheets of plywood home from the hardware store, but it does just about everything else.
da bomb
Owned this car for almost 10 years, love it almost as much as my family. It stays parked most of the winter, but now that spring has sprung, pop the top and hit the twisties. It handles like a slot car, nothing tracks better. Not the most powerful, but the horsepower race is overrated. Mine is a 5 speed, a 6th cog would be nice, but NEVER would I consider a self-shifter. Car is all smiles :-) Even 12 years old I still find people gathering around it in parking lots.
Best of the best
You won't find any kind of car with perfect handling, power and look like this car. This is not a car. IT'S AN ART!!!!
A Quality Car You Will Enjoy
Bryan Delong,07/05/2008
This is a well engineered car that is a blast to drive. The car is balanced and poised on either back roads or the highway. Maintenance costs can be high, but this is the trade off for owning a great sports car. My M is ten years old and still handles and drives better than many new cars. The convertible may not be for everyone, but I love the top down cruising. Find one that has been taken care of and you will not regret it.
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Features & Specs

18 city / 26 hwy
Seats 0
5-speed manual
240 hp @ 6000 rpm
See all Used 1998 BMW M3 Convertible features & specs


NHTSA Overall Rating

The National Highway Transportation Safety Administration offers independent analysis.
  • Frontal Barrier Crash Rating
    OverallNot Rated
    Driver4 / 5
    Passenger4 / 5
  • Side Crash Rating
    OverallNot Rated
  • Side Barrier Rating
    OverallNot Rated
    DriverNot Rated
    PassengerNot Rated
  • Combined Side Barrier & Pole Ratings
    Front SeatNot Rated
    Back SeatNot Rated
  • Rollover
    RolloverNot Rated
    Dynamic Test ResultNo Tip
    Risk Of RolloverNot Rated
IIHS Rating
The Insurance Institute of Highway Safety uses extensive crash tests to determine car safety.
  • Side Impact Test
    Not Tested
  • Roof Strength Test
    Not Tested
  • Rear Crash Protection / Head Restraint
    Not Tested
  • IIHS Small Overlap Front Test
    Not Tested
  • Moderate Overlap Front Test

More about the 1998 BMW M3
Used 1998 BMW M3 Convertible Overview

What's a good price on a Used 1998 BMW M3 Convertible?

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Which used 1998 BMW M3 Convertibles are available in my area?

Used 1998 BMW M3 Convertible Listings and Inventory

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Can't find a used 1998 BMW M3 M3 Convertible you want in your area? Consider a broader search.

Find a used BMW M3 for sale - 5 great deals out of 18 listings starting at $15,735.

Find a used BMW for sale - 9 great deals out of 16 listings starting at $20,484.

Find a used certified pre-owned BMW M3 for sale - 1 great deals out of 8 listings starting at $17,220.

Find a used certified pre-owned BMW for sale - 10 great deals out of 12 listings starting at $12,417.

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Should I lease or buy a 1998 BMW M3?

Is it better to lease or buy a car? Ask most people and they'll probably tell you that car buying is the way to go. And from a financial perspective, it's true, provided you're willing to make higher monthly payments, pay off the loan in full and keep the car for a few years. Leasing, on the other hand, can be a less expensive option on a month-to-month basis. It's also good if you're someone who likes to drive a new car every three years or so.

Check out BMW lease specials
Check out BMW M3 lease specials