I've owned 3 BMWs over the years and I'm a big fan of the e46 M3 -- I almost bought one, but I am very happy with my Boxster. In hindsight, the M would have been a mistake for me.
The S has the 3.2L engine, upgraded brakes with red brake calipers, upgraded suspension (springs, anti-roll bar, dampers, etc.), 6 speed manual, and some trim pieces (dual tail pipe, etc.).
I think you should be able to get both of those cars for well under $20K. Drive them both and decide if you need the extra power. The key to the Boxster is tossability -- the S weighs more and its different. Some swear by it, some prefer the base.
Keep in mind that time is equally important than miles on many of the maintenance items on a Boxster (you're gonna end up doing them all anyway).
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SOLD - 2002 Boxster S - PSM, Litronics, De-ambered, Bird Bike Rack, Hardtop, RMS leak...
Last edited by fatmike; 08-28-2010 at 03:57 PM.
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