I'm not sure what the price difference is. Would the E90 be $1000 more than the MSRP of the E46 or $1000 more than the discounted ($5000 off MSRP) price? If it is the former then the savings is really $6000 and makes your decision a little tougher. If it is the latter, then I'd say get the E90 for sure.

In any event, I'm not really sure about the looks of the E90 so I'm still biased towards the E46, which is such a simply good looking car. The engineering and mechanicals of the E90 are impressive indeed but again, it's the looks I'm not sure of. I think that if it were me, the only E46 I'd buy at the end of it's model life is the M3 and maybe a 330Ci ZHP. Otherwise, I'd probably get an E90.