Used 2002 BMW M3

2002 BMW M3
List price range
$11,495 - $13,990
2002 BMW M3


  • Astonishing performance, prodigious thrust, truly a bargain compared to its competition.


  • Difficult ingress/egress, ride can be rough around town.
BMW M3 years

Used 2002 BMW M3 for Sale

BMW M3 2002 2dr Convertible (3.2L 6cyl 6M)
83,729 miles
Used 2002
H&R Auto
23.6 mi away
Est.Loan: $245/mo
Fair Deal!
Fair Deal!
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BMW M3 2002 2dr Convertible (3.2L 6cyl 6M)
76,902 miles
Used 2002
Pride Auto Sales
53.9 mi away
Est.Loan: $235/mo
Fair Deal!
Fair Deal!
$300 Below Market
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BMW M3 2002 2dr Convertible (3.2L 6cyl 6M)
70,300 miles
Used 2002
McKee Motors
93.8 mi away
Est.Loan: $286/mo
Fair Deal!
Fair Deal!
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BMW M3 2002 2dr Convertible (3.2L 6cyl 6M)
95,812 miles
Used 2002
Ourisman Mitsubishi
32.8 mi away
ListNot Listed
View Details

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Edmunds' Expert Review

Several of our editors would be driving the 2002 BMW M3 today if we were in a more lucrative field. Lotto tickets, anyone?

vehicle overview

Last year, the boys of Bavaria finally relented and sent us the potent M3. Boy howdy, was it worth the wait. The M3 coupe and convertible, based on the delectable current-generation 3 Series, is propelled by a magnificent 3.2-liter engine, with 333 thundering horses coming from a single bank of naturally aspirated six cylinders. Capped with a six-speed manual transmission, all that horsepower and the 262 pound-feet of torque (at 4,900 rpm) is good enough to propel the 3,781-pound M3 convertible to 60 mph in just 5.4 seconds, according to BMW. The lighter 3,415-pound M3 coupe, meanwhile, reportedly gets the job done in an even quicker 4.8 seconds. New for the year, an optional Sequential Manual Gearbox (SMG) provides Formula One-style paddle shifting on the steering wheel and reportedly allows the transmission to shift faster than a skilled driver can shift a manual or a conventional automatic can shift itself.

But an exhilarating driving experience involves more than mere speed, and the dynamics of the M3 have car reviewers frothing at the mouth to describe the joy derived from piloting this vehicle. From its communicative steering and near-perfectly balanced chassis to the compliant-yet-firm ride, this Bimmer, like most others, will have you searching for that elusive twisty road upon which to spool the revs and extract that stunning exhaust note. Don't think that you'd be lacking structural rigidity should you opt for open-topped fun. In fact, BMW claims that this version of the ragtop boasts a superstructure more rigid than the previous-generation 3 Series coupe. It's quite an accomplishment and the perfect accompaniment to the M3's superb MacPherson strut front and double-wishbone rear independent suspension system.

Standard features for the convertible include heated power-adjustable sport bucket seats; these are optional on the coupe. For 2002, a CD player finally makes its way onto the standard equipment list. There are front and side airbags (coupes get a head protection system for front seat occupants, too), as well as optional rear-seat side airbags for safety, and, of course, antilock brakes are standard. BMW's Dynamic Stability Control system also makes the grade, and the drop-top version of the M3 gets a Rollover Protection System that automatically deploys roll hoops behind the rear seats in case the ragtop ever goes end over end.

Other options include a removable hard top for the convertible and a Cold Weather package for the coupe that includes a ski bag, heated front seats and a headlight washer system that'll make the cars more palatable during the winter months. A proximity-sensing Park Distance Control system will probably save a few costly scratches to the bumpers, and a navigation system with a wider screen for 2002 lets you know where you're going.

We think that the 3 Series is one of the best cars on the market today, and the M package increases its appeal exponentially. These beauts should have enough oomph and athletic prowess to have the competition whimpering in the corner.

Read our BMW M3 Long-Term 20,000-Mile Test

2002 Highlights

An optional sequential manual gearbox makes its way into the 2002 BMW M3, which allows the driver to shift with almost instantaneous precision without a clutch. A CD player becomes standard, the automatic climate control has been revised and rear-seat side airbags are optional for both the coupe and convertible.

Consumer reviews

Read what other owners think about the 2002 BMW M3.

Overall Consumer Rating

Most helpful consumer reviews

Beware of the hype...
In my mid 20s I have owned about 30 cars, many of them BMWs, and BMWs are my favorite by far. Some of them also with higher miles and never a problem. This includes a 2003 Range Rover (highly modified X5 essentially) with over 90k and a 1995 750iL with 114k. My M3 convertible SMG CPO only has 78k and already feels like its falling apart, has been to the dealer numerous times for an engine tap they insist is normal, and is unacceptably loud and harsh for the performance you actually get.
The M3 made me a new BMW fan
JonH ,12/01/2008
The BMW M3 is a true BMW enthusiast's must-have. I bought this car at 90k miles and have driven it 30k more without many major issues - just one dead gas pedal which cost me ($120, 5 mins to replace), four oil changes ($70 each), air filter, and a few other small repairs (window regulator $200, convertible top sensor $300). If you can even remotely work on cars, you can SIGNIFICANTLY reduce the cost of ownership and heighten its reliability. I commute with this car everyday and it's fast, fun, practical, and great in stock form.
M3 after Nissan Maxima
Japanese reliability and German reliability are 2 different things. My '95 Nissan Maxima had 165k miles and almost no problems. '02 M3 with 40k miles (bought with 28k) does have some issues. 1. Before 28k miles engine: overheating + minor repairs. After 28k miles: water pump failed, windows/locks control module failed, navigation failed + minor issues. If you buy German car, make sure you have warranty. I have 100k miles and 2 years left on mine. Other then that the car is nice. SMG is #1 transmission in the world. DSC does wonders to save your life. Convertible looks sexy! And S54 engine considered to be #1 winner engine in the world from 3 to 4 litters from 2001 to 2006.
Pure sports car for mechanics
JASON YU,07/11/2016
You have to be either mechanics or available for extra money for repair. It's been 18 months since I bought my M3 vert. I only could drive my car for 12 months. Other 6 months? It had been at the shop for repair. So far spent 8000 dollars on only repair. Here are some highlights. Motor mount, tranny mount = $1000 Smg2 transmission issue(broken gear selector detent springs) = parts $50, labors $1050 total: $1100. smg2 clutch assembly replacement with new slave cylinder= $2500 drive shaft center suppport bearing=$500 Used smg2 hydraulic pump unit=$1000 smg2 hydraulic replacements with coding=$1300 other minor repair=$800 Willing to spend more money in repair than the car value? Then this is the car for you.
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Features & Specs

N/A city / N/A hwy
Seats 4
6-speed manual
333 hp @ 7900 rpm
See all Used 2002 BMW M3 features & specs
More about the 2002 BMW M3
Used 2002 BMW M3 Overview

The Used 2002 BMW M3 is offered in the following submodels: M3 Coupe, M3 Convertible. Available styles include 2dr Coupe (3.2L 6cyl 6M), and 2dr Convertible (3.2L 6cyl 6M).

What's a good price on a Used 2002 BMW M3?

Save up to $300 on one of 3 Used 2002 BMW M3 for sale at dealerships within 25 miles of Ashburn, VA with prices as low as $11,495 as of12/10/2018, based on data from dealers and consumer-driven dealer ratings ranging from1 to 1 out of 5 stars.

Price comparisons for Used 2002 BMW M3 trim styles:

  • The Used 2002 BMW M3 Base is priced between $11,495 and$13,990 with odometer readings between 70300 and83729 miles.

Shop with Edmunds for perks and special offers on used cars, trucks, and SUVs near Ashburn, VA. Doing so could save you hundreds or thousands of dollars. Edmunds also provides consumer-driven dealership sales and service reviews to help you make informed decisions about what cars to buy and where to buy them.

Which used 2002 BMW M3s are available in my area?

Shop Edmunds' car, SUV, and truck listings of over 6 million vehicles to find a cheap new, used, or certified pre-owned (CPO) 2002 BMW M3 for sale near. There are currently 3 used and CPO 2002 M3s listed for sale in your area, with list prices as low as $11,495 and mileage as low as 70300 miles. Simply research the type of car you're interested in and then select a used car from our massive database to find cheap prew-owned vehicles for sale near you. Once you have identified a used vehicle you're interested in, check the Carfax and Autocheck vehicle history reports, read dealer reviews, and find out what other owners paid for the Used 2002 BMW M3. Then select Edmunds special offers, perks, deals, and incentives to contact the dealer of your choice and save up to $300 on a used or CPO 2002 M3 available from a dealership near you.

Can't find a used 2002 BMW M3s you want in your area? Consider a broader search.

Find a used BMW M3 for sale - 7 great deals out of 23 listings starting at $7,593.

Find a used BMW for sale - 2 great deals out of 20 listings starting at $22,456.

Find a used certified pre-owned BMW M3 for sale - 6 great deals out of 9 listings starting at $24,158.

Find a used certified pre-owned BMW for sale - 8 great deals out of 19 listings starting at $20,711.

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Should I lease or buy a 2002 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