Hey guys, I'm currently in the market and I found this meticulous '02 M3 with only 16k miles and owned by the original owner. However, originally I was looking at '03 M3's and newer. Besides the slight differences of the upgraded LED's and such, does build year really matter otherwise?
The earlier build dates from 2/1/2001 - 05/22/2003 where suppose to have main bearing failure do to bad casting. SI Bulletin 11 04 04 and 11 02 03. The dealer should have and would have replaced the bearings and oil pump. With your car having such low miles, you could contact the owner and find out. You may also be able to ask the service guys at the dealer where it was performed. I prefer the earlier model for one reason, jack points. The earlier ones have a cool rubber center jack point in front instead of the later aluminum foil bendy plate.
Heres info that may help 2001 to 2002 SMGII available In-Dash CD Player replaces In-Dash Tape Player (non-Nav cars) Bi-Xenon option replaces single Xenon Titan Shadow Trim replaces Gloss Black Trim Navigation Screen changes from 4:3 to 16:9 Topaz Blue Metallic added as standard color Automatic Headlight option 19" Wheels option added (mid year) Strut Bar added as standard equipment (mid year) 2002 to 2003 Basic Scheduled Maintenance Plan extended from 3/36 to 4/50 DSC/ABS unit moved from rear left of engine compartment under the brake fluid reservoir (leaving large empty space). Aluminum Trim added as an option DVD Navigation replaces CD-ROM Navigation In-Dash CD Player available for Navigation equipped cars Revised HVAC controls Topaz Blue Metallic & Steel Gray Metallic dropped from standard colors Mystic Blue Metallic & Silver Gray Metallic added as standard colors LED Tail Lights (mid year) Trunk Handle extended (mid year) 2003 to 2004 BMW Assist (BMW version of OnStar) Square rear view mirror with BMW Assist and Fin at the back of the roof 2004 to 2005 Laguna Seca Blue and Oxford Green Metallic discontinued Alcantara available as a standard option Eucalyptus Malt Wood Trim available as a standard option Competition (try not to laugh) package (ZCP) added including 19" CSL "style wheels", Alcantara steering wheel and hand brake, aluminum interior trim, slightly larger (front) cross drilled rotors, M track mode for DSC, modified suspension and steering ratio, cruise control deleted. Available starting with 12/04 production. Interlagos Blue Metallic added for ZCP equipped cars only *kudos Madrusian