For those of you who might not be ready to invest in a new sound system, I can share my settings.
A bit of background, I'm a full time audio engineer and music composer/producer with 2 grammy nominations, an Oscar nomination, 2 Sundance awards, and an Emmy. I've been mixing music daily for the past 25 years. I'm NOT saying this to brag, nor to suggest my opinion is any more valid than anyone else's, nor to imply that my opinion is valid to begin with. It's simply for those who place any value in these types of qualifications.
The sound system in the M3 does lack some clarity in the mid-lows and has diminished crispness above 8-10kHz. I have not used any analysis tools, just my ears using music I mixed on my reference monitors. So I tried to match what I hear in my studio.
A couple things to note:
1. The EQ section is noting more than a multi-band amplifier. This is important because you can simply increase your audio system's output by 8dB by increasing all the bands to the top of their range. Except for some expected mechanical changes due to the increased volume, the EQ remains steady with all sliders maxed out.
2. Different audio sources change the EQ of the music as they broadcast it. For instance, I have some music on streaming radio. If I compare it to the same music on a USB drive, the streaming version is compressed (an engineering term for music whose dynamic range has been reduced) and has been through some sort of high-pass filter, making it sound thinner. There are also artifacts in the upper bands due to some sort of storage compression and conversion.
3. People have reported different low-end response in their stock system on the different operating systems of the car.
4. These settings are not a perfect fix to the sound system, it's just where I landed when I decided to tweak it to my liking. In general, the stock system is adequate, I'm really happy with it, despite it lacking some "punch". (The bass response increases a bit when the rear passenger-side seat is lowered.) Different audio sources will change the EQ response but in general, I have been satisfied with this:
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EQ:
Low: +8
Low-Mid: +4
Mid: +1.5
High-Mid: +3.5
High: +8
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Balance/Fade:
Set L/R balance where horizontal line bisects passenger headrest right through the middle.
Set F/R fade where the vertical line bisects the passenger side [red] seat belt receptacle.
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Enhanced Audio:
Standard