2000 BMW Z3 2.3

2dr Convertible

6-cyl. 2494cc/168hp MFI DOHC

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$10,400*

-3.7%
#4 Fair condition#4 Fair

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Value Graph04/2407/2410/24$2k$4k$6k$8k$10kJan 2025

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1996-2002 BMW Z3 (E36) stats
Highest sale
$76,296
Lowest sale
$1,471
Most recent sale
$22,575
Sales
326
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Model overview

Model description

The 1990 Mazda Miata proved conclusively that a small two-seat roadster could be a runaway success, even though such cars had all but disappeared from the car market a decade before. Other manufacturers couldn’t ignore Mazda’s smash-hit, so they started planning small two-seaters of their own, the most famous of which were the Porsche Boxster, Mercedes-Benz SLK, and BMW Z3.

The Z3 project began in 1991 with a design from Joji Nagashima. A final version was launched in 1995 and production started in September of that year at BMW’s facility in Spartanburg, South Carolina.

The BMW Z3 was based on the E36 3-Series platform with MacPherson strut front suspension and rear semi-trailing arm suspension from the older E30 (1982-94) 3-Series. The first Z3s were powered by a 140-horsepower, 1.9 liter four-cylinder engine capable of 0-60 mph in 7.9 seconds and with a top speed of 120 mph. It was comparable with the simpler Mazda Miata, although the 1996 Miata cost $18,900 against the Z3’s $28,750, and the $10,000 difference proved a tough nut for BMW to crack.

The answer was to offer the 2.8-liter, 189-hp six-cylinder engine in the Z3. This was introduced for the 1997 model year and managed 0-60 mph in 6.3 seconds, pushing the top speed to 135 mph.

The six-cylinder model also features a wider track and came with standard traction and stability control with a 25 percent locking rear differential, as well as optional 17-inch wheels. The new model lacked any external badges, so recognition came down to minor style changes – bigger grilles and wheel arches, and a more aggressive front air dam.

Also launched in 1998 was the coupe version of the Z3, a little heavier but much more rigid. It proved a hard sell at first, being tagged as the “clown shoe” or “bread van,” but today is popular for its distinct look and solid handling. The coupe was only available with the six-cylinder engine, and also as a much faster M model. Non-M coupes could be bought with automatic transmissions, but M models were all 5-speeds. Non-M Z3 coupes are also rarer than their Z3 M.

The Z3-based M Coupes and M Roadsters delivered 240 hp with the 3.2-liter S52 engine and a whopping 315 hp with the 3.2-liter S54 that arrived for 2001. M models also feature bigger disc brakes and were available in M-specific colors, with streamlined mirrors, “Roadstar” wheels, different side gills, and four exhausts. Interiors feature M-styled seats and colors and a voltmeter, clock, and oil temperature gauge in the center console. Ms did not receive the 2000 model facelift.

M models are the most desirable examples, with the M Coupe being the rarest and most expensive collectible. Only 2870 BMW M Coupes were built between 1999 and 2002, divided into 2180 with the S52 motor and from 2001 just 678 with the high-horsepower S54. In the same period 8937 M Roadsters were sold with the S52 engine and 1564 with the S54 unit. In all, total Z3 production amounted to around 297,000 Z3 roadsters and 17,800 Coupes, although these numbers vary depending on the source. The Z3 roadster was lightly redesigned in 2000 then replaced by the Z4 in 2003.

The BMW Z3 was featured in the 1995 James Bond movie Goldeneye and was one of the few non-British cars driven by Bond in any film. His Z3 boasted missiles behind the headlights, a radar scanner, parachute braking, a self-destruct system, and a passenger ejection seat. While not exactly a fan favorite, a BMW Z3 roadster is nevertheless one of the few Bond cars out there that is actually affordable.

Vehicle specifications

  • Wheel Base Shortest - Inches96.3
  • Wheel Base Longest - Inches96.3
  • Shipping Weight2899
  • Drive TypeRWD
  • Manufacturer NameBMW
  • Front Tire Size16R225
  • Manufacturer MSRP31300
  • Market SegmentationLuxury Sport
  • Vehicle Height50.9
  • Manufacturer CodeC116
  • Front Tire Size Code39

Equipment

  • StandardOptional
  • Transmission5 Speed Manual4 Speed Automatic
  • Power BreaksPower Brakes
  • Power SteeringYes
  • EntertainmentAM/FM CASSAM/FM CD
  • Air ConditioningYes
  • Power WindowsYes
  • Anti-Lock BreakingAll Wheel
  • Restraint typeDual Front & Side Air Bags/Active Seat Belts w/Auto Passenger Sensor
  • Electronic StabilityYes
  • Rear SuspensionIndependent
  • Security EquipmentPass Key

Equipment

Standard

  • Transmission5 Speed Manual
  • Power BreaksPower Brakes
  • Power SteeringYes
  • EntertainmentAM/FM CASS
  • Air ConditioningYes
  • Power WindowsYes
  • Anti-Lock BreakingAll Wheel
  • Restraint typeDual Front & Side Air Bags/Active Seat Belts w/Auto Passenger Sensor
  • Electronic StabilityYes
  • Rear SuspensionIndependent
  • Security EquipmentPass Key

Optional

  • Transmission4 Speed Automatic
  • EntertainmentAM/FM CD
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Common Questions

The value of a 2000 BMW Z3 2.3 can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $10,400 for a 2000 BMW Z3 2.3 in good condition with average spec.

The highest selling price of a 2000 BMW Z3 2.3 at auction over the last three years was $19,530. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 2000 BMW Z3 2.3 at auction over the last three years was $5,700. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 11 2000 BMW Z3 2.3s sold at public auction.

The most recent auction sale of a 2000 BMW Z3 2.3 was $10,185 on October 04, 2024 by Bring a Trailer.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.