I got this lip about 1 1/2 years ago from eurospec (dtm spec now) and I decided not to install it since my car will be much too low with 17" wheels.
It's fiberglass, and brand new, never painted never installed. Will work for all pre-facelift Mtech II E46 coupes only. I paid about $350 for it at that time and they were on back order so waited about 2 months to get it.
Looking to get $300 FIRM ... If you wanna bargain down to $300, then I'll take $350 obo.
Located in Mississauga, please PM if interested.
Price is currently $199USD + shipping + brokerage + tax etc, it all adds up.
edit: **Link is for Sedan, but I have the one for Coupes - this WONT fit on sedans**