By KBB Editors
Updated December 23, 2019
Any iteration of the M3 is – at least in today’s automotive spectrum – truly a wolf in sheep’s clothing. With performance that borders on the supercar descriptive, in a subtle color – and to the vast majority of the population – the M3 isn’t all that distinguishable from the 328. And if you don’t possess a law degree – or a close relative with a law degree – not gaining undue attention while going fast is an extremely good strategy.
If subtle isn’t exactly your thing, any number of alternatives competitive with the M3’s price point ($60,000) would most certainly attract more attention. The Cayman comes to mind, as does Cadillac’s CTS-V, Nissan’s GT-R and the Lexus IS-F. All are worth a test drive, but will ultimately not deliver the M3’s carefully constructed balance of performance, quality and already-iconic stature.
New standard features include Auto Stop Start, automatically stopping the engine when the transmission is placed in neutral and the clutch is released. The engine starts immediately upon depression of the clutch. Manual sport seats are available on the coupe and sedan, saving weight and simplifying long-term maintenance. Option packages – Premium, Cold Weather and Convenience – are remixed.
Atop a platform that essentially defines "sport sedan," BMW takes all that is good in its road-going 3 Series and asks the question: Why should racecars be confined to racetracks? And with the extensive mods made to the 3 Series Coupe, Convertible and (once again) Sedan to create the "M" derivatives of same, they needn’t be. Out goes the in-line six – itself capable of 320 horsepower – and in goes one of the world’s most delicious V8s. Boasting 414 horsepower, 295 pound-feet of torque and a $1,300 gas guzzler tax, today’s M3 builds on a quarter century of high performance history and – once again – delivers the "shizzle" (German exclamation of uncertain origin) to its own, hyper performance category.
2011 BMW M3 pricing starts at $20,343 for the M3 Sedan 4D, which had a starting MSRP of $61,175 when new. The range-topping 2011 M3 Convertible 2D starts at $20,016 today, originally priced from $72,175.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$61,175 | $20,343 | |||
$63,125 | $22,827 | |||
$72,175 | $20,016 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2011 BMW M3 models in typical condition when purchasing from a dealership. These prices are updated weekly.
There are few things capable of carrying a driver and three passengers which will deliver the unfiltered fun of BMW’s M3. Beginning with one of the best production platforms in the business, BMW’s M team adds to or massages virtually every area of the drivetrain, suspension and structure. Steering is precise, and big brakes provide fade-free usage at any speed, and for virtually any period of repeated stopping. For those preferring we summarize numerically: 0-60 in 4.7 seconds, and an electronically limited top speed of 155.
Regardless of how you decorate it (and there are numerous choices in leather and trim), the M3 driver’s cabin is just that – a place for a pilot and (up to) three passengers. Both coupe and convertible are rated by the EPA as subcompacts, and there’s a reason for that: Those with big luggage or big families need not apply. The M3 is arguably BMW’s most driver-oriented vehicle (check out the M Drive button now mounted on the steering wheel…), and isn’t for the poseur – although we’re sure that class makes up an increasing number of buyers. Front seats are ultra-supportive, which speaks well to the target demographic; young, affluent and hyper-active. Convertibles are often relegated to recreational duty on weekends, with the top – depending on regional climates – rarely raised, while the M3 Sedan provides a sweet spot in family mobility.
BMW’s M3 is, in a word, planted, sitting low and almost rakish on its four large alloys. The front fender gills remain, as do – in the rear – the prominent exhaust outlets. The front fascia is more aggressive – and its air intake more expansive – than the standard 3 Series, and the hood is domed, but general proportions mimic those of its more attainable brethren. We especially like its side skirts, which add immeasurably to its profile.
Competition Package
For $2,500 (on a BMW option sheet, little more than chump change) you can imbue your M Coupe or Sedan with all of the goodness Munich ever intended. It is wider wheels, lowered suspension and enhanced poise added to a platform that is already on the cusp of an automotive nirvana. Passengers should wear earmuffs and blindfolds.
Performance Center Delivery
Show up in Greenville, South Carolina, receive track instruction in a similarly-spec’d M3, and head home in your new BMW boasting a newfound combination of pride and passion. BMW isn’t the first to combine track instruction with delivery, but they’re one of the few marques making it so accessible. Greenville, to be sure, isn’t the Nurburgring, but is so much more accessible to an Interstate.
In today’s M3 everything in or on the car is notable. We’d point to BMW’s almost compulsive effort to reduce weight, beginning with lightweight components sprinkled throughout the unit body and suspension, and topped with a carbon-fiber-reinforced roof. It’s also worth noting that this is the M3’s first V8; the model started with a high-revving 2.3 liter four (in 1988 for North America), and was succeeded by two different in-line sixes. Transmitting the V8’s prodigious power to the rear wheels is a 6-speed manual transmission, a (regrettably) rare spec even on performance coupes, and almost impossible to find on most competitive (as if…) 4-door sedans.
With the beginning of the 2011 model year, the M3 Coupe and Sedan are now available with a Competition Package. For $2,500 the buyer receives a 10mm lower suspension and 19-inch wheels (with greater offset for a widened track). In combination with reprogrammed electronic damping control and DSC systems, BMW claims this to be the "best handling" M-Series ever built. For the more visual, Mineral White Metallic has been made available on the M3 Coupe and Convertible.
As noted, this is BMW’s first foray with V8 power in the M3. Don’t, however, be alarmed; this isn’t Dodge’s Challenger. The BMW edict of lightness and balance remain intact. The light-alloy 32-valve DOHC V8 is compact, and delivers 414 horsepower and 295 pound-feet of torque with the fluidity of an electric drivetrain. Despite upping the piston count by a third and providing 25 percent more displacement, the V8 weighs seven percent less than its in-line six predecessor. Mated to either the standard manual 6-speed or available 7-speed double-clutch gearbox, there is absolutely no interruption in the flow of power, all the way to the V8’s 8,400 rpm redline. And with the optional double clutch with Drive Logic, eleven different shift programs – five automatic and six manual – are designed to suit the needs of individual drivers and any driving situation.
4.0-liter V8
414 horsepower @ 8300 rpm
295 lb.-ft. of torque @ 3900 rpm
EPA city/highway fuel economy: 14/20 (sedan and coupe, convertible with automatic), 13/20 (convertible, manual)
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $263 | $22,629 | $20,761 | ||
2023 | $4,710 | $17,919 | $15,223 | ||
2024 | $1,918 | $16,001 | $13,125 | ||
Now | + $1,540 | $17,541 | $14,987 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 3726 lbs. | ||
---|---|---|---|
Fuel Capacity | 16.6 gallons | ||
Front Head Room | 38.5 inches | ||
Front Leg Room | 41.5 inches | ||
Max Seating Capacity | 5 | ||
Overall Length | 180.4 inches | ||
Front Shoulder Room | 55.4 inches | ||
Trunk or Cargo Capacity | 12.0 cu.ft. | ||
Turning Diameter | 38.4 feet | ||
Wheel Base | 108.7 inches | ||
Gross Vehicle Weight Rating (GVWR) | 4740 lbs. | ||
Payload Capacity | 1014 lbs. | ||
Width with mirrors | 78.9 inches |
Adaptive Headlights | Available | ||
---|---|---|---|
Alloy Wheels | Available | ||
HID Headlights | Available | ||
Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
Power Folding Exterior Mirrors | Available | ||
Rear Spoiler | Available |
City | 14 mpg | ||
---|---|---|---|
Highway | 20 mpg | ||
Combined | 16 mpg |
Drivetrain | RWD | ||
---|---|---|---|
Transmission Type | Manual | ||
6 speed | Available | ||
Recommended Fuel | Premium | ||
Dual-Clutch Automatic Transmission | Available |
Horsepower | 414 @ 8300 RPM | ||
---|---|---|---|
Torque | 295 @ 3900 rpm | ||
Engine | V8, 4.0 Liter | ||
0 to 60 | 4.7 seconds | ||
Top Speed | 155 mph |
Basic | 4 years / 50000 miles | ||
---|---|---|---|
Powertrain | 4 years / 50000 miles | ||
Corrosion | 12 years / Unlimited miles |
Used 2011 BMW M3 | Used 2020 MAZDA MAZDA3 | Used 2019 Jaguar XF | Used 2020 Volkswagen Passat | ||
---|---|---|---|---|---|
Price | $20,343 | $18,754 | $18,124 | $18,648 | |
KBB.com Rating | N/A | 4.4 | 3.7 | 4.1 | |
Consumer Rating | 4.6 | 4.3 | 4.8 | 4.4 | |
Fuel Economy | City 14/Hwy 20/Comb 16 MPG | City 27/Hwy 36/Comb 30 MPG | City 25/Hwy 34/Comb 28 MPG | City 23/Hwy 34/Comb 27 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 4 years or 50000 miles | 3 years or 36000 miles | 5 years or 60000 miles | 4 years or 50000 miles | |
Horsepower | 414 @ 8300 RPM | 186 @ 6000 RPM | 247 @ 5500 RPM | 174 @ 5200 RPM | |
Engine | V8, 4.0 Liter | 4-Cyl, SKYACTIV-G, 2.5 Liter | 4-Cyl, Turbo, 2.0 Liter | 4-Cyl, Turbo, 2.0 Liter | |
Drivetrain | RWD | FWD | RWD | FWD |
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Yes, the 2011 BMW M3 is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.
The 2011 BMW M3 is rated to return city/highway fuel economy of 13/20 mpg.
Used 2011 BMW M3 prices currently range from $20,343 for the Convertible 2D to $22,827 for the Coupe 2D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2011 BMW M3 is the Convertible 2D, with a Kelley Blue Book Fair Purchase Price of $20,343.
The 2011 BMW M3 is part of the 4th-generation M3, which our owners give an above-average reliability rating of 4.6 out of 5.