Used BMW 3-Series M3 Convertible (2001 - 2006) Costs

Review by Parkers on
A very impressive piece of kit, with sufficiently enhanced looks to distinguish it from cooking 3-Series models, the drop top simply adds an extra layer of appeal to the M3's already compelling specification. Ultimately the loss of the metal roof makes it less suitable for the race track, but that's not the point of this car.

2.5 out of 5

Running costs

Residuals are strong, but the running costs in terms of fuel, insurance, tyres and servicing are very high but then this is supercar performance - it doesn’t come cheap.

Summary Running Costs

Servicing period

Variable servicing schedule


3 year unlimited mileage warranty

Road tax (12 months)

£330.00 - £580.00

Vehicle excise duty (VED) varies according to the CO2 emissions and the fuel type of the vehicle. For cars registered after March 1st 2001 VED or road tax is based on the car's CO2 emissions. For cars registered before March 1st 2001 it is based on engine size.

Full running costs data

0.5 out of 5

Green credentials

  • A
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CO2 emission figure (g/km)

Fuel economy rating

The arrows indicate the best and worst CO2 bands for this model.

Emissions summary

3-Series’ 3.2-litre petrol unit returns just 20mpg, so it's no surprise that it gets a terrible eco score. It emits 328 g/km CO2 which is high compared to an average family car, but fairly standard compared to similar medium-sized convertibles. Thankfully, these sorts of cars tend to be less prevalent on the roads than greener, average family cars.

Find the exact engine and CO2