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I was a prior e46 M3 owner and they are solid cars IF MAINTAINED PROPERLY however:
1) The automatic/tiptronic trannys WILL fail between 100-120k miles. Reverse is the first to go and then eventually you are looking at a $4,000 repair bill at minimum.
2) Lower control arms and front end bushings as well as tie rod and steering components also fail around 120-150k which will run about $1,500.
3) Oil changes are every 15k but i suggest doin them around 9-10k and will run you $180 if done at BMW dealerships. Brake jobs will set you back around $1,000 as well.
4) I also replaced an AC motor resistor which is a common failure and a DIY type fix at around $200 and seems to be common.
5) If the radiator coolant expansion tank has not busted on a used e46 it will lol and that will set you back about $800 + a tow to the BMW stealership.
Other than the above mentioned problems the BMW is a stellar car when maintained and is a blast to drive.
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