Misallocation

2004 BMW M3 Convertible

Sold at Bring a Trailer on Sept. 20, 2025, offered with no reserve.

$15,200Confirmed

The price as reported by the house. Read from the house's results Oct. 25, 2026.

The car

Year
2004
Make and model
BMW M3
Generation
E46 M3
Version
M3 Convertible
Miles shown
86,000
Gearbox
Automated manual
VIN
WBSBR93404PK06085
Title
Clean
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 206 comparable sales, 12% under its bottom.

Middle half of sales$17,000 to $27,500
Median$21,500
Sales behind it206Likely

From 206 sales of the BMW M3 Convertible (E46 M3) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $17,000 and $27,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
2004 BMW M3 ConvertibleBring a Trailer, July 30, 2026Bring a TrailerJuly 30, 2026$13,750
2004 BMW M3 ConvertibleBring a Trailer, May 21, 2026Bring a TrailerMay 21, 2026$20,000
2004 BMW M3 ConvertibleBring a Trailer, May 2, 2026Bring a TrailerMay 2, 2026$17,250
2004 BMW M3 ConvertibleBring a Trailer, Aug. 10, 2025Bring a TrailerAug. 10, 2025$16,251
2004 BMW M3 ConvertibleBring a Trailer, May 3, 2026Bring a TrailerMay 3, 2026$14,200
2004 BMW M3 ConvertibleBring a Trailer, Sept. 13, 2025Bring a TrailerSept. 13, 2025$20,750
2004 BMW M3 ConvertibleBring a Trailer, June 1, 2025Bring a TrailerJune 1, 2025$24,000
2004 BMW M3 Convertible 6-SpeedBring a Trailer, Oct. 5, 2026Bring a TrailerOct. 5, 2026$23,000