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Thanks so much for the information. That doesn't scare me off; all cars have known problems. I am more concerned with owning a car that will give lasting driving pleasure.
Glad to hear that the CPO program is useful.
Should I consult any particular reference manuals or books? I looked at a few BMW buyer's guides, but they didn't seem to have much information on the E46 cars.
Any other cars to consider, BMW or otherwise?
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