2001 BMW 3 Series M3 2 door Convertible

Learn about the BMW 3 Series compact car. See the engine specifications, gas mileage, price, and MSRP. Research BMW M3 warranty features and BMW Financial Services lending options.

Looking for a BMW 3 Series?

Find your perfect ride. Carvana has thousands of vehicles in their inventory. Your 3 Series M3 may be waiting for you.

Home » Vehicles » 2001 BMW 3 Series M3 2 Door Convertible 3.2L 6-Cylinder 6M

The products and offers that appear on the website are from respective partners, companies, and third-party advertisers from which we receive compensation. This compensation may impact how and where products appear on this site including the order in which they appear. This site does not include all financial products or companies or all available product offers. Learn more about our partners and how we make money. 

Details About the 2001 BMW 3 Series convertible

The 2001 BMW 3 Series is manufactured under the BMW vehicle brand. It is classified as a compact car and comes with a convertible body. This 2 door convertible has rear wheel drive with a 6-speed manual transmission. The BMW 3 Series is mainly imported from the country of Germany. The BMW automobile line is a subsidiary automobile manufacturer held by BMW Group (Bayerische Motoren Werke AG).

Thinking about changing vehicles?

Looking for a new car? Check out BMW 3 Series convertible listings. Carvana’s extensive inventory can help you find the vehicle that is right for you!

Shop BMWs on Carvana
2001 BMW 3 Series M3 2 Door Convertible 3.2L 6-Cylinder 6M 1

Overview of the 2001 BMW 3 Series M3

The BMW 3 Series comes in different trim levels and packages such as the 2001 BMW 3 Series M3 2 Door Convertible (3.2L 6-Cylinder 6M). This variation of the 3 Series convertible features the M3 2 door convertible with a 3.2L 6-cylinder 6M on the BMW 3 Series chassis. The 3 Series M3 trim might feature automobile enhancement package deals depending upon the origin of the automobile and the production generation.

BMW 3 Series M3 Prices and MSRP

Are you excited to drive a 2001 BMW 3 Series M3? The original MSRP is posted at $53,400 and used vehicle Kelly Blue Book rates are frequently found at lower price points. Used asking prices are calculated with the year, make, style, and qualities. BMW 3 Series appraisals can increase outside of these price ranges because of variables like increased demand, limited supply, and industry scarcity. As an example in 2021, car and truck sale prices and relevant car equity rose due to semiconductor chip production shortfalls and supply chain conditions. This shortage produced pressure on the auto marketplace with older used quotes overtaking the equity highs formerly just seen by new car sales.

MSRP: $53,400

Trim & Style: M3 2 door convertible with a 3.2L 6-cylinder 6M

Shop Vehicles on Carvana

3 Series M3 Performance and Engine

An automobile’s torque, power, and performance are essential, and they matter more in a few instances than others. As an example, if you are pulling a load or utility trailer with a truck. The efficiency, specifications and capacities of your engine towing bundle matters a lot. Your quarter mile time, brake horsepower, and engine can lead to more bragging rights if you are taking your sports car out for a track day. On the other hand, if you are trying to find a smaller economical car or sedan to drive to work as a daily driver, you may not even care what is under the hood if it is reliable and the engine runs well.

BMW Vehicle Details and Information

The 2001 BMW 3 Series may include numerous different performance bundles and engine alternatives. This specific BMW motor vehicle is set up with the 3.2 gas engine with a rear wheel drive drivetrain.

Engine:Horsepower: 333
Doors: 2 doorTransmission: 6-speed manual
Drive Type: rear wheel driveFuel: premium unleaded (required)
MSRP: $53,400Manufactured: Germany
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
2001 BMW 3 Series M3 2 Door Convertible 3.2L 6-Cylinder 6M 2

Fuel Usage and MPG

Being aware of your gas mileage and fuel usage are essential points when it concerns getting a BMW 3 Series. In addition to the tangible cost of the vehicle, the fuel expense is normally the next most expensive factor when it concerns vehicle ownership. The next most expensive aspect is complying with the recommended maintenance schedule and completing preventive maintenance.

The U.S. Environmental Protection Agency or EPA offers estimates around vehicle gas mileage (MPG) and the amount of miles a vehicle can proficiently drive per a gallon of fuel required to operate on city streets and on the highway. MPG depends on BMW 3 Series engine type, performance, operation altitude, and other things like aftermarket customizations, but it offers an excellent guideline for fuel use.

For the 2001 BMW 3 Series, the EPA has determined around 14/21 MPG for driving on city streets and while operating the vehicle on the highway. These valuations are different since city driving includes traversing community roads, stopping at traffic signals, pausing at stop signs, waiting at crosswalks for pedestrians, and other things which require the BMW 3 Series to start and stop more regularly. On the highway, the BMW 3 Series’s engine and fuel efficiency can be extended, allowing them to reach a higher MPG rating.

Comparing Automobile MPGs

See how your current car, truck, or SUV compares to the fuel efficiency of the 2001 BMW 3 Series. Use the gas mileage comparison calculator to see how many miles you might drive and expenses related to fuel. Can you save gas money by driving this BMW 3 Series or will it cost you more in gas to drive?

MPG: 14/21 MPG (city/Highway)

Compare Other vehicle MPGs

Check out the gas mileage calculator

Find Financing for Your 3 Series M3

Finding financing for your 2001 BMW 3 Series convertible can be a good way to get into the vehicle of your dreams while paying it off over the course of a number of years by making regular monthly payments. Most car buyers start the vehicle buying process by trying to find the vehicle model they want to buy. Next, consider the monetary aspect of the new car and the amount of money you will finance by calculating the difference between the price of your brand new BMW 3 Series and the values of your down payment and any trade-in value or credit from your old vehicle. Take away these values from the new car’s amount.

This will give you the total amount you need to finance your 2001 BMW 3 Series. Check with loan companies to see quoted financing deals. These deals will normally be based upon your credit rating, consumer profile, and credit history. This next step includes getting the right loan provider. It is desirable to compare financing APRs from a couple of loan providers (evaluating deals with 3-4 lenders is good). Checking offers from competing lenders will help you find the best financing deal possible on your BMW car.

To finish off your 3 Series financing, you need to do a number of things including having a suitable credit score, meeting lender prerequisites, and meeting car finance benchmarks. Credit ratings in the 500s (subprime category) might be appropriate for older used auto financing with scores in the 600s suitable for newer motor vehicle financing.

Other lender requirements include making a minimum amount of money every month and meeting residency criteria by residing in a location the lender services for a specified period of time, like several months. In the nonprime credit bracket of 601 to 660 scores, lenders might require a month-to-month earnings of $1,600 to $2,000. Subprime loan providers in the 501 to 600 credit history usually have comparable requirements. Your motor vehicle should meet basic auto financing requirements like being more recent than 10 years old and having less than 100,000 miles with positive vehicle equity.

BMW 3 Series Refinancing

Refinance your BMW 3 Series M3 convertible. Learn how you can save money by adjusting your current loan.

Find BMW 3 Series Insurance

Learn about insurance and see coverage options for your BMW 3 Series. Bundling your insurance can save you money.

About BMW Financial Services

BMW Financial Services is BMW’s in-house financing services branch. If you are considering buying a more recent car from a brand car dealership, they offer several funding options. The rewards and promotions can include financing deals like 0% APR for 60 months and 6.9% stand alone APR for 84 months (based upon the amount of down payment). BMW Financial Services can even supply leasing offers and incentives like 10,500 yearly miles for 39 months with a set dollar amount due at finalizing.

Finding Financing Your 3 Series M3

It is very important to be aware of how much you can afford to spend on your brand-new 2001 BMW 3 Series. When tracking your personal financial resources, you may want to compare your financing offers from different loan providers. This step can be essential not just for vehicle budgeting but also for your financial well being. Checking loan rates and terms with a finance calculator is among the fastest ways to rapidly see your approximated auto payment.

How Much is the Auto Payment to Buy a BMW 3 Series M3?

Ever wonder how much it would be to get an auto loan on a 2001 BMW 3 Series? Here is an estimate you can use to start the research! The most accurate answer to your motor vehicle payment estimate question depends on several things. The regular monthly vehicle payment on a BMW 3 Series M3 is calculated by your deposit, vehicle loan interest rate, term, credit report, trade in-value, and various other factors. Things like the sales tax on the 3 Series M3 also need to be factored in. Now, we are ready to find the estimated payment. Considering that the manufacturer’s suggested retail price or MSRP is $53,400, a typical estimated automobile payment for a new 3 Series might be around $774.00.

This can be approximated by using the MSRP minus a 10% down payment with an automobile loan interest rate of 5% over a 48 month term. Keep in mind it does not take into account important info like sales tax. Simply use this information for research purposes only. Remember this amount is what it could cost if you bought the 2001 BMW 3 Series “new” according to the MSRP. With older and used automobiles, there is a considerable possibility the monthly vehicle payment will be substantially varied. You can check alternative estimates with different numbers by using a calculator.

Estimated Monthly Payment

$774.00

Involved Payment Factors

MSRP: $53,400
Down Payment: 10% (estimated payment)
Loan Interest Rate: 5% (average rate)
Car Loan Term: 72 months (varies by offer)

Note: This estimated payment does not include other factors and costs like sales tax which would normally be included in actual payment estimate.

2001 BMW 3 Series Refinancing

Refinancing your BMW 3 Series is also an option to look at after you have already made several of your initial monthly vehicle payments. The primary lenders you initially financed through frequently have rewards and deals which terminate or are front-weighted. For example, offers like cash back kickbacks and 0% APR financing discounts may start losing their advantages or benefit after 6 to 12 vehicle payments.

If your financial situation has changed because you purchased your BMW 3 Series or if your original rate and term are no longer useful to you, think about refinancing. You can typically save money on your monthly car payments by refinancing your vehicle loan.

BMW 3 Series Vehile Insurance Policies

Maintaining active automobile insurance insurance for your BMW 3 Series is very important. Choosing the best insurance coverage for you can help cover costs related to car crashes, automobile theft, and other damage to your vehicle. Not only will car insurance assist you in fixing the damage from an automobile accident or striking a stationary object, but maintaining valid insurance is normally a legal necessity to drive a car on public roads in many states and counties in the U.S. The most effective vehicle insurance plans are often comprehensive collision coverage which helps you repair crash-related damage to your BMW convertible and cover non accident-related damage from many things like bad weather, storms, fire, vandalism, and wild animal strikes on top of automobile crashes. Insurance coverage can also help you pay for repairs to the 3.2L engine in your convertible as well as other mechanical components. The amount you pay for the policy coverage can range and is typically based upon the year of your automobile. If you drive the 2001 M3, this will be factored into your monthly insurance coverage payments. Find out more about insurance coverage and protect your BMW 3 Series M3 2 door convertible with a 3.2L 6-cylinder 6M.

2001 BMW 3 Series M3 2 Door Convertible 3.2L 6-Cylinder 6M 3

Where to Purchase a BMW 3 Series M3

Shopping for the best automobile can be hard. There are a great deal of things to consider when it comes time to buy an automobile. You have to choose the right make and model that fits your goals along with managing a vehicle payment that works with your budget plan. There are a great deal of alternatives available for checking out used and new vehicle inventory, so it may be difficult to recognize where to begin your auto purchasing journey. Carvana is among the best dealers to start looking for a vehicle. Their big inventory, financing offers, and trade-in policies can allow you to easily switch the motor vehicle you have currently for a different one you would like to drive. Find out how to purchase an automobile through Carvana.

Shop BMW 3 Series on Carvana

Shop Carvana

3 Series M3 Safety, Warranties, and Features

Warranty and Maintenance Specifications

When it comes to getting the finest care for your brand-new car, we typically think about factory service warranties. These factory manufacturer’s warranties provide traditional coverages like a limited 3 year in duration or 36,000 mile bumper-to-bumper warranty and a 5 year in duration or 60,000 mile powertrain warranty. These annual durations begin with the original date of sale to the original truck or car’s owner.

Extra factory motor vehicle service warranties are usually readily available depending upon the car’s engine type. For instance, brand-new trucks, SUVs, or cars with a diesel motor can feature a manufacturer 5 year long or 100,000 mile powertrain service warranty. Hybrid cars and electric battery powered vehicles (EVs) can additionally come with special coverage like a 8 year or 100,000 mile warranty.

There are also extended car or vehicle service plans (VSPs), Certified pre-owned (CPO) guarantees, and extra warranty protection selections available outside of the auto maker’s original factory plans. VSPs offer routine maintenance service programs with supplementary protection for a vehicle’s parts and components in the event your car or truck experiences a large mechanical breakdown or failure. These are excellent choices to look at when buying a used car.

CPO extended warranties often include coverage for additional years with a time and mileage limitation like 2 years or 80,000 miles on the car. Cars, trucks, and SUVs that are sold with CPO status receive a strenuous pre-owned examination by licensed professionals which includes additional warranty years. CPO cars and trucks normally cost more than similar used cars and trucks but can be worth it for coming with the assurance that the automobile you are getting is mechanically ok.

Other coverage alternatives consist of prepaid motor vehicle upkeep plans from automobile dealerships. These plans address the parts, services, and labor that pertain to the recommended maker’s upkeep schedule. You will find these checks and associated mileages noted in the vehicle owner’s guide.

About 3 Series Types of Warranties

Factory Warranty: A factory warranty is what you may picture when it comes to an “automobile warranty”. These sorts of manufacturer’s warranties usually are included with the purchase of brand-new vehicles and are one of the most convenient and most affordable methods to cover your car– warranty wise considering that the brand-new automobile will probably cost more than a used one leading to less affordability. The factory service warranty resembles a manufacturer’s service warranty and is a promise from the car manufacturer. Under the guarantee protection, the vehicle manufacturer will repair any damaged areas and/or replace any damaged parts as a result of manufacturing irregularities, flawed components or materials, and defective craftsmanship with no expense to you as the car owner. The service warranty makes sure the motor vehicle will be brought back to initial operating condition.

Drivetrain Warranty: A drivetrain warranty covers the components and parts which “drive” the car or truck forward. The portions of the drivetrain can consist of the axles, driveshaft, transmission, engine, exhaust manifolds, wheels, and connected parts. The warranty also generally includes internal engine parts like seals, gaskets, and other rubberized components. A drivetrain warranty is also another term for a powertrain service warranty and may cover comparable parts depending on the automaker’s definitions and warranty terms.

Roadside Warranty: A roadside warranty can help you when you are stranded or are broken down when driving. This service warranty for the BMW 3 Series M3 includes basic support services such as towing, blowout fixing or replacement, dead battery aid and jumpstarts, lockout help, fluid and fuel transport and delivery, and other comparable services. A roadside service warranty resembles roadside assistance, but it is provided with the new vehicle from the car manufacturer and not an add-on product through your car insurance policy or a vehicle service contract or VSC.

Rust & Corrosion Warranty: A rust and corrosion warranty helps to protect the body, materials, and frame of the motor vehicle. Car manufacturers often include this warranty with new automobiles to help repair damage triggered by caustic liquids, elements, and materials.

BMW 3 Series Factory Warranty Coverage

Factory Warranty: 4 years / 50,000 milesDrive Train Warranty: 4 years / 50,000 miles
Roadside Warranty: 4 years / 50,000 milesRust & Corrosion Warranty: 6 years / unlimited miles
Data comes from dealer network APIs but is not endorsed or certified by any dealer.

BMW 3 Series M3 Factory Features

In order to create interest in a broader variety of car owners who are interested in the 2001 BMW 3 Series M3, different trim levels are provided. Many automobile companies provide different choices for their automobiles. This includes BMW Group (Bayerische Motoren Werke AG) who makes the 3 Series model. These choices can consist of things like assorted paint shades, wheel sizes, or packages that include aspects like a sunroof or gps system. Providing these alternatives permits producers to appeal to diverse kinds of car shoppers and enables them to move larger volumes of automobiles.

These alternatives enable customers to pick a car which suits their requirements and can include various features that they may want in their car. Some vehicle manufacturers may provide things like a selection of various engines, trim lines, as well as sport or performance packages to choose from, while others might provide different exterior color options or interior trim levels or colors. The alternatives that are available are going to vary across car manufacturers, makes, and models, so do your research when you are searching for an automobile with certain traits like heated seats or third occupant seats.

By putting in the time to investigate the various alternatives that are readily available, you, as the customer, can make sure that you are buying exactly what you want in your new vehicle. This convertible by 3 Series comes outfitted from the auto manufacturer with several standard setups and options. They consist of options like the four-wheel independent suspension,6-way power driver seat, 6-way power passenger seat, leather, sport front seats,2 one-touch power windows, remote keyless power door locks, heated mirrors, power mirrors,tachometer, trip computer,cruise control, front cupholders, front seatback storage, remote trunk release, speed-proportional power steering, tilt and telescopic steering wheel, audio and cruise controls on steering wheel,electrochromatic inside rearview mirror, front reading lights, interior air filtration, leather steering wheel, climate control, dual illuminating vanity mirrors,memorized settings for 3 drivers,10 total speakers, diversity antenna, AM/FM CD-controller stereo,power convertible roof, rear defogger, variable intermittent wipers,alloy wheels, 18 x 9.0 inch wheels, 255/40R Z tires, null tires,2 front headrests, 2 rear headrests, daytime running lights, dual front side-mounted airbags, electronic brakeforce distribution, engine immobilizer, front fog/driving lights, front head airbags, front seatbelt pretensioners, post-collision safety system, stability control, traction control, 4-wheel ABS, emergency braking assist, front and rear ventilated disc brakes, and other common features.

2001 BMW 3 Series M3 2 Door Convertible 3.2L 6-Cylinder 6M 4

BMW 3 Series Frequently Asked Questions

Looking for info about the BMW 3 Series M3? Get answers to commonly asked FAQs. It is crucial to do your research on the vehicle and research the specific details. Check out the auto specs and be aware of how the monthly car payment on your vehicle can change your budget and finances. These questions can help you understand the capabilities of the vehicle along with miles per gallon, weight, horsepower, and engine capabilities.

What is a BMW 3 Series M3?

The BMW 3 Series is a vehicle line produced by BMW Group (Bayerische Motoren Werke AG). The M3 is a specific package of the BMW 3 Series lineup. The vehicle is categorized as a compact car.

How much does a BMW 3 Series M3 cost?

The BMW 3 Series M3 costs around $53,400.

What is the car payment to buy a BMW 3 Series M3?

The monthly car payment on a BMW 3 Series M3 depends on your down payment, car loan interest rate, term, credit score, trade in-value, and other factors. Things like sales tax on the 3 Series M3 also need to be considered. Since the MSRP is $53,400, the average car payment for a new 3 Series could be around $774.00. This can be estimated by using the MSRP minus a 10% down payment with a auto loan interest rate of 5% over a term of 48 months. Keep in mind these factors will vary depending on your qualifying loan rates and lending offers. You can check additional estimates with varying numbers by using a car payment calculator.

Can I lease a BMW 3 Series M3?

You may be able to lease a BMW 3 Series M3 through an auto loan lender or financial institution.

Can I refinance my BMW 3 Series M3?

You may be able to refinance your BMW 3 Series M3 depending on your credit score and financial situation. To learn more about lenders who offer vehicle refinancing and car loans, check out the best auto refinance companies.

Where can I buy a BMW 3 Series M3?

Try searching car dealers like Carvana for a BMW 3 Series M3. They often have good deals on recent vehicles and may also have a similar BMW 3 Series in their inventory.

How far does the BMW 3 Series M3 go on a single tank of gas?

The BMW 3 Series M3 can usually travel around 232.4/348.6 miles miles on a full tank of gas. This range is dependent on driving conditions, vehicle maintenance, and other roadway factors.

Does the BMW 3 Series have good gas mileage?

BMW 3 Series gets an EPA estimated 14/21 MPG miles per gallon (MPG) on the city/highway roads. The combined MPG is 17 MPG. Understanding if this is a good gas mileage depends on what you are comparing the vehicle to. You can use our Gas Mileage Comparison calculator to see MPG estimates between vehicles with different MPG ratings along with destinations.

What kind of gas mileage does the BMW 3 Series get?

The BMW 3 Series gets 14/21 MPG (city/highway) MPG per the Environmental Protection Agency or EPA. The combined MPG rating is 17.

What type of gas does a BMW 3 Series use?

The BMW 3 Series uses the premium unleaded (required) fuel type.

How much gas does the BMW 3 Series gas tank hold?

The gas tank in the BMW 3 Series holds 16.6 gallons of gas.

What type of vehicle is the BMW 3 Series M3?

The BMW 3 Series with the M3 package is a compact car.

What is the towing capacity of a BMW 3 Series?

The BMW 3 Series has a towing capacity of pounds.

How much horsepower does a BMW 3 Series have?

The BMW 3 Series has a horsepower rating of 333HP.

What kind of engine does a BMW 3 Series M3 have?

The BMW 3 Series M3 comes with a 3.2L 6-cylinder 6-speed manual engine.

What type of drivetrain does a BMW 3 Series M3 have?

The BMW 3 Series M3 features a rear wheel drive drivetrain.

What kind of transmission does a BMW 3 Series come with?

The BMW 3 Series M3 comes with a 6-speed manual transmission.

Where is the BMW 3 Series made?

The BMW 3 Series M3 is made in the Germany by BMW Group (Bayerische Motoren Werke AG).

Is the BMW 3 Series domestic or imported?

The BMW 3 Series is a imported vehicle.

What car company makes the BMW 3 Series M3?

The BMW Group (Bayerische Motoren Werke AG) is the auto manufacturer which produces the BMW 3 Series M3.

How much does a BMW 3 Series weigh?

The BMW 3 Series M3 has a gross vehicle weight of pounds and a curb weight of 3,781 pounds. Learn more about how a vehicle is weighed.

What kind of warranty does the BMW 3 Series come with?

The BMW 3 Series M3 can come with a few warranties from the manufacturer including a 4 years / 50,000 miles drivetrain warranty, a 4 years / 50,000 miles roadside warranty, a 6 years / unlimited miles anti-rust warranty, and a maintenance program.

Related Vehicles

Ready To Start The Refinance Process?

Start by connecting with lenders**.

Find My Rate