Misallocation

2012 BMW M3 Convertible

Sold at Mecum Auctions on June 6, 2025, offered with no reserve.

$17,600Confirmed

The price as reported by the house. Hammer price $16,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
2012
Make and model
BMW M3
Generation
E90/E92/E93 M3
Version
M3 Convertible (E93)
Gearbox
Manual
VIN
WBSDX9C52CE784481
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 135 comparable sales, 34% under its bottom.

Middle half of sales$21,411 to $34,000
Median$26,250
Sales behind it135Likely

From 135 sales of the BMW M3 Convertible (E93) (E90/E92/E93 M3) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $21,411 and $34,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
2012 BMW M3 Convertible 6-SpeedBring a Trailer, May 15, 2025Bring a TrailerMay 15, 2025$34,250
2011 BMW M3 Convertible 6-SpeedBring a Trailer, Nov. 6, 2026Bring a TrailerNov. 6, 2026$42,000
2011 BMW M3 Convertible 6-SpeedBring a Trailer, Nov. 1, 2026Bring a TrailerNov. 1, 2026$28,500
2011 BMW M3 Convertible 6-SpeedBring a Trailer, Oct. 24, 2026Bring a TrailerOct. 24, 2026$28,750
2011 BMW M3 Convertible 6-SpeedBring a Trailer, Sept. 29, 2026Bring a TrailerSept. 29, 2026$35,250
2012 BMW M3 ConvertibleBring a Trailer, Sept. 18, 2026Bring a TrailerSept. 18, 2026$34,500
2012 BMW M3 ConvertibleCars & Bids, Aug. 7, 2026Cars & BidsAug. 7, 2026$24,000
2011 BMW M3 ConvertibleCars & Bids, June 29, 2026Cars & BidsJune 29, 2026$27,500