Crazy... The M3 is like 20K more then the Cobra...take half the difference and put it into the Cobra and you well absolutely LOVE the Cobra.... There is the question of maintence and cost as well...its VERY expensive to own a BMW. My family owns them and has for years...they are fantastic cars...but they are very expensive to maintain...and then there is the recall notices and class action lawsuits from M3 owners againts BMW. All the various accoutrement you would get with the M3 would be lost on the smile on your face every time you pulled up next to ANY car. You can put so much bling and go go for 10k in your Cobra that the BMW gods would be smiling at you...noding there heads.... You go strong...you go Cobra boy~!