I'd say 7K tops. The mods are all cosmetic, it's got some miles on it, and there are still a few issues that need to be dealt with.
All show and no go, IMHO.
Jim
http://www.autotrader.com/fyc/vdp.jsp?car_id=181570491&dealer_id=56235390&car_year=1994&make=BMW&distance=10&lang=en&max_price=&model=325IS&end_year=1998&min_price=&certified=&address=92647&search_type=used&advanced=&start_year=1988&isp=y&cardist=0
I know it's not local to you, but this car is probably the nicest of it's vintage that I've seen. In fact, we (his kids
) give the owner TONS of crap for how nice he keeps his cars.