#1 · Jun 5, 2011 (Edited) As the title says, I'm looking into purchasing a used E46 M3, in exceptional condition. Are the early years ones to avoid? I know they had rod bearing problems, but believe all of that should have been handled with recalls. When the time came to make the 3rd generation BMW M3, the E46, to the concert all year long. RELATED: Why The BMW E46 M3 CSL Is Still E30 BMW M3 Prices Have Skyrocketed. Avoid: N47 BMW E46 M3 Years to Avoid (With Reasons) The BMW E46 M3 is the version of the M3 that was manufactured by BMW during the model years 2001 and 2006. It is available in both coupe and convertible forms. Here are the models of E46 M3 version you need to avoid-. 2001 BMW E46 M3. Avoid the first 1-2 years of a new generation of a model. Compared to my former MB 430CLK, the M3 was much more lithe and agile. The MB felt heavy in the turns and pushed (understeered) a bit but was cushier on my tushy especially noticable on chicago all terrain like streets. Best of luck. 8b4i.