Doug's Take The E46 M3 is an incredibly fun car to drive, thanks to its potent 6-cylinder engine, fantastic handling, and analog driving feel – and it's even more fun as a convertible with a 6-speed manual transmission. This particular example is finished in head-turning Imola Red, and it boasts some great equipment, including the Cold Weather Package, a Harman Kardon sound system, and 18-inch M double spoke wheels. It also features some desirable modifications, like a Dinan engine tune, Bilstein Sport shocks, and Eibach lowering springs.