Unless he wants a track rat (and even then there are better choices for the money), hell no. If he wants something smaller, more fun, and more tossable, steer him to a 135i, Z4 35i, or even a 1M. BRZ wouldn't be a bad choice either if you could live with less power and/or budget for a forced induction kit that's surely not far off. Loved that car when I drove it.
For sale here:
11 M3 E92 Le Mans | Black Nov w/ Alum | 6MT | Premium 2 | Convenience | 19" | EDC | Prem Audio | Moonroof | BMW Apps | Yoko AD08 R | ModMyNav.com rear camera | ECS Tuning Sunglasses Holder