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Spend My Money Good Sir
#1
Okay so after this whole debacle with my GT, I am hoping(key word) to get the dealer to buy it back. IF this happens, I am wanting to go back to basics a little bit and time-travel back to the era of the more driver-oriented BMW. I have somehow fallen in love with Jake's E46 Vert, and now I want one...But I have also seen the E93 engine being one of the best V8's and still a great car to drive. SO, here is what I'm looking for:

Manual Transmission(this will be my first manual I have ever owned)
Maintenance Records(I want to make sure this car wasn't beat into the ground)
Fairly Easy to Wrench On(I want something that I can do almost everything myself)
Fairly Cheap to Wrench On(I'm in college, can't afford to be dropping $1,000 every month)
Decent MPG (15+ preferably, nothing too crazy)
RWD (First RWD car and I want to learn the true dynamics of a car through this setup)
Will Last Throughout College (preferably until I have a salary and can get something else)
---Preferably a Convertible(Because I've always wanted one, so why not)

The E46 M3's are looking like they are in the $15-20k range, which is very appealing to me. E93's are in $25-30k which isn't terrible considering I'll hopefully be selling the GT, but leaves me less money for upgrades and maintenance.

So what do you all think? I am young and dumb so enlighten me with your infinite wisdom!

Current:
13' E92 M3 Comp | 05' Yahama R6 | 95' E36 M3

Past:
14' BMW 335xi GT | 06' Porsche Boxster S | 15' Jeep Grand Cherokee | 84' BMW 733i | 85' Honda Shadow VT700 | 06' Acura TL
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