Which isn’t to say that the little AMG isn’t capable. With so much torque available, it’s easy to set the traction-control light strobing, but the handling feels secure through corners – both fast and slow – and the stiff-legged ride is marginally less jarring than the BMW’s.
As is the interior. It’s the usual sober 1990s Merc stuff: acres of sturdy black plastic; lashings of shiny wood trim; steering wheel so big you feel like Vitruvian Man.
But while it might lack excitement, it does feel suitably expensive. The clever folding roof that kick-started the coupé-cabrio craze is beautifully lined, helps the SLK pull off a perfect impression of a tin-top when up, and glides into the boot at the flick of a switch without the driver having to do so much as undo a latch on the header rail.
The M Roadster’s soft-top is electric, too, but the exposed hood frame visible from the driver’s seat, the two header-rail catches you have to unclip before the roof can retract, and the fiddly tonneau cover you have to wrestle with when you do, underline just how different these cars are in both character and proposition.
When Autocar pitted them against each other on the AMG’s arrival in 2001, it was the SLK that triumphed.
But today, when you’re far more likely to be buying either to use on high days and holidays, it’s hard to side against the BMW.
Despite its wobbly structure and the slightly disappointing steering, there’s a raw, TVR-like excitement to the way the BMW goes that just encourages you to drive it harder and longer.
The SLK is just as fast, and certainly as capable, but doesn’t invite the same kind of driving. Its urge is for longer journeys at a more measured – but still mighty – pace.
It’s the kind of car you could persuade your significant other to take for a weekend away without having to promise the earth in return. And of the two, it’s the one you’d ended up doing more miles in because it’s a more versatile, more rounded car. The M was a throwback to the past; the SLK was an indicator of where convertibles were heading.
But not all convertibles. Handing back the keys, it’s impossible to resist taking another look at that Boxster in the corner of the showroom: 59,000 miles, stunning paint and only £10,000.
The SLK32 is up for £12,500 and the Z3 for £16k. You can make a case for either the BMW or the Mercedes over its rival.
Yet today, just as back in 2001, rationalising choosing one over the Porsche is another matter.
Images: Will Williams
Thanks to James Paul Car Sales for the BMW and Performance Car Company for the Mercedes-Benz
Factfiles
Mercedes-Benz SLK32 AMG
- Sold/number built 2001-’04/4333
- Construction steel monocoque
- Engine all-alloy, sohc-per-bank 3199cc V6, with electronic fuel injection and supercharger
- Max power 349bhp @ 6100rpm
- Max torque 332lb ft @ 4400rpm
- Transmission five-speed automatic, RWD
- Suspension independent, at front by double wishbones rear multi-link; coil springs telescopic dampers, anti-roll bar f/r
- Steering power-assisted recirculating ball
- Brakes discs, with servo and anti-lock
- Length 13ft 1in (3995mm)
- Width 5ft 8in (1715mm)
- Height 4ft 3in (1289mm)
- Wheelbase 7ft 10in (2400mm)
- Weight 3296lb (1495kg)
- 0-60mph 4.9 secs
- Top speed 155mph
- Mpg 18.2
- Price new £43,000
- Price now £13,000*
BMW Z3 M Roadster
- Sold/number built 1998-2002/15,000
- Construction steel monocoque
- Engine iron-block, alloy-head, dohc 3201cc 24v straight-six, electronic fuel injection
- Max power 317bhp @ 7400rpm
- Max torque 258lb ft @ 3250rpm
- Transmission five-speed manual, RWD
- Suspension independent, at front by MacPherson struts rear semi-trailing arms, coil springs, telescopic dampers; anti-roll bar f/r
- Steering power-assisted rack and pinion
- Brakes discs, with servo and anti-lock
- Length 13ft 2½in (4025mm)
- Width 5ft 8½in (1306mm)
- Height 4ft 3½in (1306mm)
- Wheelbase 8ft 2¾in (2459mm)
- Weight 3090lb (1402kg)
- 0-60mph 4.8 secs
- Top speed 155mph
- Mpg 20.4
- Price new £40,570
- Price now £16,000*
*Prices correct at date of original publication
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Chris Chilton
Chris Chilton is a contributor to Classic & Sports Car