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2002 BMW (E46) S54-Powered 325iT Sport Wagon

2002 BMW (E46) S54-Powered 325iT Sport Wagon



Price: SOLD

Mileage: 128,000 Chassis Miles / 60,000 Motor Miles

Engine: S54B32 Inline 6-Cylinder Engine from 2004 BMW M3

Transmission: 6-Speed Manual Transmission

Exterior color: Topaz Blue Metallic Exterior (364)

Interior: Standard Grey Leather Interior (N6TT)

Additional features:

Carbon Fiber Wrapped Interior Trim

Clutch Masters FX300 Clutch

Aluminum Flywheel

E39 540i Shifter (similar to Z3)

Complete M3 Drivetrain Swap

M3 Front and Rear Subframes

M3 Front and Rear Brakes

M3 Limited-Slip Differential

Stainless Steel Brake Lines

M3 Radiator

Bimmerworld Group N Motor Mounts

BMW Transmission Mounts

Ohlin (DFV) Road and Track Coilovers w/

Eibach (ERS) Linear Springs (Ohlin Progressive Springs also included)

Ground Control Camber Plates

Ground Control Rear Shock Mounts

M3 Sway Bars

M3 Front Strut Brace

Powerflex Front Control Arm Bushings

Powerflex Rear Subframe Bushings

Powerflex Rear Trailing Arm Bushings

Stromung E46 S54 Touring Swap Stainless Steel Muffler

M3 Instrument Cluster

M3 Steering Wheel

M3 Front Seats w/ Adjustable Side Bolsters and Lumbar Support

Post-Facelift Hood, Headlights, Front Fenders and Front Bumper Cover

Gloss Black Kidney Grills

Clear Tail Lights

Clear Side Markers

ZHP Shift Knob

BMW Business CD

Harmon Kardon HiFi Sound System

Heated Seats

Auto-Dimming Rearview Mirror

Xenon Headlights

Headlight Cleaning System

Fog Lights

Parking Distance Control (PDC)

BMW All-Weather Floor Mats and Rear Cargo Mat

18” Apex Arc-8 Anthracite Wheels (staggered)

Vorshlag Competition Wheel Studs

Continental Extreme Contact Sport High Performance Tires

17” BMW Style 96 Wheels w/ Blizzack Snow Tires

BMW Rood Rails

Yakama Cross Bars

Packsport Low-Profile Roof Box

Texas / North Carolina / Colorado Car

Clean Carfax


2002 BMW (E46) S54-Powered 325iT Sport Wagon exterior photo

The E46 generation M3 was the last of a legacy of normally aspirated, inline 6-cylinder M cars that defined the marque for a generation. At the heart of the E46 M3 was the 333-horsepower S54B32 engine, an evolution of an architecture that reaches back to the original M535i and M1. The S54 won multiple engineering awards upon its release and, at the time, it produced the highest horsepower-per-liter for a normally aspirated production engine. A pull to its screaming 8000-RPM redline is a smile-evoking experience that is only made better by the communicative and composed E46 chassis. Unfortunately, that chassis only came in a coupe or a convertible—no sedan, and no touring (for us wagon lovers). Hardcore enthusiasts have been solving that problem for years by swapping the S54 into the E46 3 Series Sport Wagon. It’s not a small undertaking, but not unreasonable for the skilled enthusiast. A proper swap should have functional power steering, air conditioning, a clean engine bay, and all of the E46 M3 underpinnings—and the price varies with highly finished examples commanding significant premiums over the cobbled together projects at the bottom of the spectrum. The end result is the car that BMW should have built, an M-powered wagon that is both exclusive—because nobody else has one—and practical because it’s a wagon!


 exterior photo

This 2002 M3 S54-swaped 325i Sport Wagon is one of those top-tier examples; I am selling on consignment for a Glen Shelly regular who also owns a specialty suspension shop and daily drives an S14-swapped square taillight BMW 2002. Originally optioned as a 5-speed 325iT in Topaz Blue over Grey Leather with the Luxury and Cold Weather Packages it also features Xenon headlights, fog lights, parking distance control (PDC), and Harmon Kardon premium sound. It was originally delivered in October of 2001 in New Jersey and spent a little over a year there before landing in Austin, Texas where it remained for the next decade. In 2012 it went to North Carolina with the previous owner, who I found it on E46 Fanatics from. A detailed pre-purchase inspection, along with service records and receipts begin with that owner at around 100K miles. That owner spent considerable time and money refreshing many mechanical and cosmetic items along with desirable upgrades like clear taillights. The current owner purchased it on my strong recommendation (after seeing it listed on E46 Fanatics) in 2015 and has since completed the S54 swap.

The S54 swap was done when the wagon had 113K miles with a 108K-mile M3 (5K less than the wagon had). This is noted by a tamper dot in the M3 cluster and confirmed by the Carfax of that M3, which is included in the records binder. Ultimately, that M3’s S54 engine was determined not to be up to par so BMW specialists SCR Performance provided a 60K-mile S54 from their racing spares. Prior to installation the S54 received a fresh valve adjustment, cam position sensors, oxygen sensors, water pump, accessory belt tensioners and belts. Virtually every E46 M3 mechanical component from the first M3 was installed under the skin including the 6-speed transmission with a Clutch Masters FX300 clutch and aluminum flywheel, drive shaft, limited-slip rear differential, front and rear subframes, swaybars, and brakes.

After that, the upgrades began. The S54 is mounted on Bimmerworld Group N motor mounts, shifts through an E39 540i short shifter with a ZHP shift knob, and sounds fantastic through a purpose built Stromung E46 M3 wagon conversion stainless steel muffler. Being a suspension specialist the owner opted for an Ohlin DFV Road and Track E46 M3 coilover kit, swapping out the Ohlins springs for linear Eibach Racing springs (the progressive Ohlins springs are also included). These are mounted through Ground Control camber plates and rear shock mounts, with Powerflex front control arm, rear subframe, and trailing arm bushings. The car was aligned and corner balanced by SCR Performance for the setup with the dampening indivudally tuned by the owner. The stock E46 M3 brakes wear stainless steel brake lines on each corner under staggered 18-inch Anthracite Apex Arc-8 wheels and Contintenal Extreme Contact Sport tires mounted on Vorshlag Competition wheel studs. A second set of 17-inch BMW Style 96 wheels with Blizzack Snow tires are also included in the sale because this is a wagon, so you should use it. Thanks to the limited slip differential, it’ll drive circles around any modern top-heavy crossover on all-seasons in the snow—because it is a BMW!

Inside matching Silver Grey M3 power heated seats were fitted in excellent condition; they feature adjustable side bolsters and lumbar support. The M3 instrument cluster and multi-function steering wheel were also fitted. A Carbon Fiber wrap covers the fine wood trim, along with a refinished headliner, BMW all-weather floor mats and rear cargo mat. Spares include M Tech side skirts, an extra driver’s side door card, the unused Ohlins springs, and lots of miscilaneous E46 touring parts. Just in case there isn’t enough room for your gear a Packsport low-profile roof box mounted on Yakama roof bars is also included, which makes the whole package look badass!

This S54-swapped Sport Wagon is a top of the market example. The wagon itself is an outlier due to its mileage, condition, and color combo—most E46 sport wagons were silver, white, black, or Orient Blue. Overall it is in excellent condition, but it isn’t perfect, which is a good thing because then you wouldn’t be able to use it without guilt. Post-swap the entire package looks factory correct and there are no loose ends that need to be tied up—the last 10% of any swap takes 90% of the time and effort. Everything works as it should and the suspension is significantly upgraded and tuned by a master, so it goes around corners much better than a stock E46 M3. It comes with a clean Colorado title, clean Carfax, a records binder dating back through two previous owners, and it passes Colorado emissions. We would like to find a new owner who appreciates what it took to make this car, and will continue its excellent ownership pedigree.


2002 BMW (E46) S54-Powered 325iT Sport Wagon exterior photo

The Topaz Blue paint is in very good condition and is a defining element of the car. All of the paint is original with the exception of the hood, front fenders, and front bumper covers, which were painted to match when the post-facelift parts were fitted. There are few large paint chips in the lower leading edge of the hood and some moderate chipping on the front bumper cover. The body is clean of glaring defects, but close scrutiny does reveal lots of small dents and evidence of past paint-less dent repair. The rear bumper cover has several deep scratches just behind the left rear wheel. There is no rust and the VIN tag is in place. All trim work is in place and in very good condition with many pieces being replaced by the previous owner. The windshield glass is BMW glass that could be original; there are no cracks, but there is some pitting. The side and rear window glass are excellent. The Xenon self leveling headlights function correctly with good lenses that are protected by clear Laminx film. The front marker lights, turn signals, and taillight lenses are all crack-free. The factory roof rack rails are in excellent shape, as are the Yakima crossbars. Packsport roof box does have some scratches on the lid, but they aren’t visible with it mounted on the car. The Apex ARC-8 wheels are in excellent shape with one paint chip on the right front wheel being the only imperfection. The Continental tires have only a few thousand miles on them with 2017 DOT dates.


 interior photo

The grey leather interior is also in excellent condition considering its age and mileage. The carpet is protected by BMW all-weather floor mats and a rear trunk mat. The previous owner replaced the headliner, the sunroof shade is on the tracks and the sunroof functions correctly; the center switch panel is black. There is a hardwire cable for a radar detector by the mirror. The dashboard is crack-free and in excellent condition; there is a hairline crack in the upper left corner of the center vent surround. The fine wood trim is wrapped in carbon fiber and it looks fantastic. The seats are in excellent shape with no notable bolster wear or creasing and they have adjustable lumbar and side bolsters. The fold-down rear seats are in excellent shape with headrests. The rear hatch area carpet in good condition and the cargo cover is present. The inside rear hatch carpet piece has several broken clips that cause it to come undone if the hatch is slammed. The M3 leather steering wheel leather is in excellent shape with no failed stitching. There are no failed pixels in the M3 instrument cluster, radio, or HVAC panel, and there are no warning or check engine lights. The tamper dot is present due to the 5K mileage differential between the M3 ECU, EWS, and the original lighting control module. The auto-dimming rear view mirror has no leaking fluid. The BMW Harmon Kardon HiFi sound system sounds great. The BMW Business CD has an aux cord is routed to the rear ashtray. The heat blows warm and the air conditioning blows cold. The final stage resistor functions correctly and blower motor is quiet. The center console ashtray cover is scratched, but this is common on E46s. The ZHP shift knob is excellent with black leather shift and e-brake boots. The armrest has been removed, along with the rear ashtray cover. The power windows, door locks, and the sunroof operate correctly. The door cards are tight and the window regulators are quiet. The owners manual is included, along with two keys and the valet key.


 engine photo

This is a turn-key S54 wagon, it has no unresolved items that are common in so many swaps. No common E46 / S54 items are present; the VANOS is quiet, the rod bearings are healthy according to Blackstone Oil anaylsis, and the subframe shows no signs of cracking. The engine fires on command, idles smoothly and pulls strongly to redline. It does not leak, drip, or spot. There is some resonation in the cabin due to the Bimmerworld Group N motormounts, but this could be remedied with OEM mounts. The shifter is tight, the clutch does not slip, and Clutch Masters clutch with aluminum flywheel is a nice upgrade. The suspension is tuned wonderfully; turn-in is neutral with no understeer and mid-corner balance is easily modulated with throttle. The ride is perfectly compliant for daily driving, but with very little body roll during cornering. The brakes are strong with lots of life left. It passes emissions, which we pay for in the State of Colorado.

VIN Decode

 exterior photo

VIN Decode (original spec)

Vehicle Identification Number: WBAEN33482EZ15012
  • Type: EN33
  • Model: 325i USA
  • Development Code: E46 (3)
  • Chassis: Touring
  • Steering: LL
  • Doors: 5
  • Engine: M54
  • Displacement: 2.50

  • Power: 192 Horsepower

  • Drivetrain: AWD

  • Transmission: Manual

  • Color: Topaz Blue Metallic (Topasblau Metallic – 364)

  • Upholstery: Standard Grey Leather Interior (N6TT)
  • Production Date: 9-21-2001


  • 210 Dynamic Stability Control
  • 240 Leather Steering Wheel
  • 249 Multifunction Steering Wheel
  • 279 BMW LA Wheels
  • 354 Green Stripe Windscreen
  • 386 Roof Railing
  • 403 Sunroof
  • 411 Power Windows
  • 431 Auto-Dimming Rearview Mirror
  • 438 Find Wood Trim
  • 441 Smokers Package
  • 459 Power Memory Seats
  • 473 Front Armrest
  • 494 Seat Heating Driver / Passenger
  • 520 Fog Lights
  • 522 Xenon Headlights
  • 534 Automatic Air Conditioning
  • 550 On-Board Computer
  • 640 Universal Telephone Prep
  • 645 Radio Control US
  • 650 RDS Radio
  • 662 BMW Business CD
  • 674 Harmon Kardon HiFi Loudspeaker System
  • 692 BMW CD Changer Prep
  • 818 Battery Master Switch
  • 823 Hot Climate Version
  • 845 Acoustic Belt Warning
  • 853 English Language Version
  • 876 Radio Frequency 315MHz
  • 925 Dummy SALAPA
  • 992 Number Plate Attachment

First M3 had 108K miles, 5K less than the wagon had. Subframes, brakes, suspension, driveshaft, rear diff, exhaust, engine transmission, radiators, cluster, shifter, everything under the skin.

  • M3 Steering Wheel
  • M3 Front Seats
  • Carbon Wrapped Trim
  • Recovered Headliner

Second motor had 60K sourced from SCR Performance. Valve adjustment, and oil change. Cam Position Sensors, O2 Sensors, Steward Water Pump, Tensioners, no LEDs for rear doors in the M3 cluster.

All new:

  • Ground Control Camber Plates, Rear Shock Mounts
  • Ohlin DFV (Road and Track) Part Number BMW E46 M3 Part Number: BMSMI30 Coilover Suspension w/ Ebach Race Series (ERS) Springs for better linear vs progressive spring rate and because that is what Dave uses.
  • Powerflex Lower Control Arm, Rear Trailing Arm, Rear Subframe Bushings
  • BimmerWorld Group N Motor Mounts (slightly firmer than stock)
  • Braked Stainless Steel Brake Lines
  • Clutch Masters w/ Aluminum Flywheel
  • E39 540i Shift Lever (similar to Z3)
  • Stock Brake Pads
  • Stromung E46 M3 Wagon Conversion Stainless Steel Muffler
  • New Hatch Struts, Near Trim Pieces
  • Apex Arc-8s