Hi seedar,
Yes its not to hard, very straight forward, I did just this in my E46, check this link out.
http://www.xoutpost.com/bluetooth/324...h-install.html
Most the parts are the same (for the E46/E39), if you want the centre console cradle you will need to add this on top, as I just used a normal pair button.
If you don't have SatNav, or dont fancy making your own loom, get one from the dealer (its approx £120-$240).
Or go to someone like Martin @ navman, and get the kit from him, not cheap but very good.
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Sept 03, M3, Silver Grey. Retro-fits: Modded Mk4 DVD Drive, OEM Bluetooth, VR Control, Rainbow Speaker Upgrade, Sony SOT Amp, HK Sub, CCFL, Intravee II, NightMode.
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