You have 6k and you honestly think you could get a E46 M3 CSL seriously ?? my mate has a m3 with a breathed on engine and thats worth about 10k and not even a CSL
Quite.
The thing that doesn't seem to have been considered here is the running costs.
Those of a Golf2 with a rorty snorty NA motor will be a huge amount less than an R32, or M3, both of which are pretty brute-ish and will be heavy on consumables.
Does the OP have much experience on track?
Not a lot of experience at all, i'm not thinking of running costs because the car will only be used for track days which will be few and far between for the time being.
My problem with a mk2 or car of that era is the lack of electronics, i know it makes the car easier to work with but the electronics help massively in any fault finding!
Mabey not an M3 CSL but you can pick up a 51 plate M3 for 5-6k
I'm just after ideas for the time being, to be honest i would just like something decent to start with that wont be pathetic on the track (like my lupo sport would be) I will be modding anything i buy but not straight away, If i were to buy a standard mk3 it would be hopeless without a lot of time and money spend on it! I work 7 days a week and 2 nights a week so when a weekend off comes round i'd like something i can just get up and go with!