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'02 BMW M3
Awesome car to drive... absolutely love it!!! The SMG gearbox is the way to go especially if you live where there is lots of traffic.
Pure sports car for mechanics
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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Buy it if you can afford the Maintanence
Such an awesome car, especially in Laguna Seca Blue. Handling is superb and for the performance a 19-22 overall MPG is pretty good. LOVE LOVE the car. It turns heads everywhere and gets compliments on the color at least once a week. However, the car has been to the shop more than 20X since I bought it. Everything has gone wrong with this car. The biggest problems were the CAT failed ($2000) and also the rear subframe cracked ($1700). The interior is also cheap and the tranny doesn't seem to fit the car, long strokes, clunky, and is not smooth. But that engine and stance makes it worth it... I think. :)
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.
Think twice M3
fun car to dirve but lots of problems. Trans and power train was in the shope 5 times.