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I actually used to own an E46 328i sedan and E30 325i convertible, both manuals. Liked the E46, but probably won't own one again mostly because of the subframe tear issue, which should be fixed by now, but still. E30 had a cool factor, but as you said, I don't think I could justify the price now.
For $10k-ish, I went with an E36 M3 and still super happy with it. Probably can't get a good one for 10k anymore though. I'd also consider an E21, doesn't have the same hype as an E30 but I like the way they look modified.
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Current:
16 F82 M4 GTS, Black Sapphire/Black, DCT
08 E92 M3, Sparkling Graphite/Bamboo Beige, 6MT
07 E85 Z4M Roadster, Alpine White/Red, 6MT
99 E36 M3, Techno Violet/Dove Grey, 6MT
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