Of all of the cars suggested in this thread I only have firsthand knowledge of the E46 M3 so I'll comment only on those. Mainly I would worry about maintenance costs. Every 15k miles or less you have to get an oil service with 10w-60 Motorsport oil that is pricey. Every 30k miles you have to do an Inspection 1(oil/filter/valve adjustment etc). Every 60k miles an Inspection 2 is due which is everything in the Inspection 1 plus diff oil, air filter, & spark plugs. Brakes are pretty expensive. You already said 3 pedals is a must, I agree. SMG is kinda cool but if the car is out of warranty, is $$$ to diagnose and repair. Almost everything else is standard E46(pretty basic). I was looking at some M3's around $20K but most had high miles, accidents, no maintnenace history etc.
I ended up getting an E30 M3 instead, but it isn't for daily driving....YMMV
I ended up getting an E30 M3 instead, but it isn't for daily driving....YMMV
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