My 2001 E46 M3 and current 2006 M Coupe were both part of the ----first month--- of production for their respective roll outs.
As many of you probably recall, the E46 M3 had a couple or three recalls for engine related matters. I eventually needed an engine job due to carbon build-up at the 60K - 4 1/2 year mark, but fortunately had gotten the extended warranty so it was covered in full.
The M coupe (which uses the same engine) has not had any problems except for a fuel pump which I had repaired during the first few weeks of ownership. (I brought it in for service once it started making noise). Eventually, they did a recall on the model for the fuel pump.
I don't regret either of the above decisions.
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