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I just picked up a BMW M3 convertible for the wife w/the SMG paddle shift. I think it is by far the best four seat convertible for the money. She was driving a Porsche Carerra 4 Cab. 6 speed, but the M3 is quicker and much more practical. The rear seats on the Porsche really don't fit kids over 5 years old. The M3 rear seats fit adults with no problem.
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We had a 2001 M3 from 2001-2003 and its a rocket. period. black/black coupe with a 6 speed and in sport mode it will run with Z06's, Carerras and any AMG cars. Low end is rock solid but high end is just scary. Its got 330hp in an inline 6... low weight with strong performance.
Cool car.