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Original-owner 2002 BMW M Coupe goes to auction with no reserve
A 2001 BMW M Coupe still owned by its first buyer, with 82,000 miles and a 315-hp S54 six-cylinder, is being sold at no reserve, with a detailed record of maintenance and body repairs.
By George Kensington · 3 min read
A 2001 BMW M Coupe still owned by the man who bought it new is heading to auction with no reserve price, offering enthusiasts a rare chance to buy a low-mileage example of BMW's compact performance coupe. The car has covered about 82,000 miles and is being sold on behalf of its current owner, who has kept it for more than two decades.
The coupe is finished in Steel Grey Metallic over Dark Gray and Black Nappa leather. Power comes from a 3.2-litre S54 inline-six rated at 315 horsepower and 258 lb-ft of torque. The car is fitted with a five-speed manual gearbox, a limited-slip differential and rear-wheel drive. Standard equipment includes a sunroof, heated sport seats, a Harman Kardon stereo and air conditioning. The listing notes that the car is one of 29 Steel Grey examples sold for the North American market that year, which adds to its appeal for collectors looking for a specific colour and specification.
The car carries a clean California title in the owner's name. Its history report records front-end damage from an incident in November 2010, with further minor damage reports dated December 2017 and August 2025. Body repair and paint invoices are available in the photo gallery, so prospective buyers can review the work carried out after those incidents rather than relying on the seller's summary alone.
Maintenance completed in 2022 is extensive. The VANOS high-pressure hoses and the valve cover gasket were replaced, along with the flywheel, clutch and driveshaft flex joint. The same year saw new accessory belts, pulleys, tyres and an oil change, as well as replacement hatch struts and driver seat rail bushings. The car rides on 17-inch Style 40 wheels fitted with Michelin Pilot Sport 4S tyres, a setup that suits its road-focused character.
The seller acknowledges outstanding issues. The rear suspension is described as worn, and the check engine light is illuminated, which the seller attributes to a reportedly failed oxygen sensor. Those points will matter to buyers weighing repair costs against the car's condition elsewhere. On a more positive note, the coupe passed California's emissions test in January 2025, which means it can be registered and driven in the state without that hurdle.
Because the car is being sold at no reserve, the final price will be set entirely by bidders on the day, with no minimum the seller must meet. That makes the auction a direct test of what buyers are willing to pay for a well-documented, first-owner example of one of BMW's most distinctive modern sports coupes, with its known faults and recent maintenance laid out openly in the listing.
Source: bringatrailer.com
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