Had your eye on the V8 M3, but with the economy in its state of duress, you’re not sure what the future may bring? Here’s a low cost alternative worth looking into. With depreciation and the state of our auto sales, it is now possible to locate and purchase a previously-owned E46 M3 in excellent condition for under $20K. If you take that lower cost E46 M3 and add VF Engineering’s Streetsport bolt-on supercharger kit you can boost the 3.2-liter engine horsepower output to the same levels as the new E92 M3 V8. This will allow you to get the performance you desire at half the price.

Photo Gallery: 2004 BMW M3 – VF Engineering E46 – European Car Magazine

Photo Gallery: 2004 BMW M3 – VF Engineering E46 – European Car Magazine