I never owned or drove an e46 m3 but i bought the e93 m3 in manual. After driving the sedan and owning the convertible on the streets the only thing that i notice is that when the top is down the acceleration feels slower and like its dragging. In terms of handling i would never notice the difference on the street, althoug im not a all out tracking my car kind of guy. All of that being said its a hardtop convertible it goes from coupe to convertible and although it obviously will not perform exactly like the coupe it performs the way you think an m3 should. If you want a convertible get the convertible there will be a million times you wished you could have dropped the top and very few times youll think i wish i could have accelerated 0.3 seconds faster.
Just my .02 cents
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