Verdict
B
← BMW Z3 · 1998-2002 · E36/7
BMW Z3 M Roadster
S54 M roadsters are the cult buy. M coupes have appreciated hard.
BHP
315 bhp
0–60
4.7 s
Top speed
158 mph
MPG
21 mpg
Used
$25,000-$70,000
Strengths
- S54 inline-6 is a generational engine
- Manual-only is honest
- Z3 character holds up
Weaknesses
- Limited-slip diff aging on S52 cars
- Soft-top window cracking
- Spartanburg-era trim feels cheap
Notable tech
- Built at Spartanburg
- E36 platform, RWD only
- 5-speed manual only
- S52 240bhp at launch (1998-2000)
- S54 315bhp from 2001-2002
- M Coupe ('shooting brake' or 'clown shoe') sold parallel
Common issues
- S54 cooling system overhaul (radiator, expansion tank, water pump)
- M roadster diff bushings
- Soft-top motor wear
Used-market budget
$35,000
Typical price point for a well-maintained example with full service history. Cars priced significantly below this often require remedial work.