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I've had my M3 since I was 18. So fuck all those that never had a M3 when they were 18.
The only thing I would say buying a M3 as first car is bad is that you won't be able to enjoy any regular BMW. You would only want to drive M cars in the future, everything else including the M sport BMWs will disappoint you.
Maintenance isn't really far off than a regular BMW. I only take the car to BMW for the big services, the oil change, I just take it to a regular garage.
My E46 is probably the oldest car I have now, and its still one of the best car I have!
And a E46 M3 is hardly fast nowadays. a 335i can easily beat it in a straight line.
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