Laguna Seca Blue is iconic, Topaz blue is also cool. Twilight Purple is different if you're into that.

 

I think I’d only twilight purple if it was an M, but I loveee legs seca blue

 

Lots of nice original BMW blue and red colors look good. Interlagos blue, topaz blue, orient blue, japan red, imola red.

 

If you're going to wrap it, just use whatever color you like the best. No wrong answer as long as you like it so why not make it unique to you.

 

I love the Snapper Rocks Blue colour, but don't know how it would look on an E46, since the E46 didn't come in that colour.

 

I love the Snapper Rocks Blue colour

And…Snapper Rocks is a killer surf spot in Oz!

 

Its really up to you. I wouldn't go this funky of a color on a daily driver but I painted mine Atlantis blue, my favorite shot from my final event of the season.

 

I'd vote for some flavor of blue-

 

I mean, it’s a BMW. Solid classic colors are gonna be blue, white and silver. I agree with the above that the BMW reds always looked awesome but I’m in the blue corner. Having owned only blue cars for over a decade.

Zimo and westrum have the best advice, is to forget our advice and wrap it whatever color you want. You’re the one who’s gonna be looking at it the most!

Good luck!

 

Completely off topic, but what is your suspension and tyre setup? Love this fitment you have with the style 5's.

 

Imola Red, Estoril Blue, and Techno Violet are my favorite BMW colors.