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Seems like a nice car but there are a bunch of e30s out there for less $$, keep looking.
FWIW, I had an '87 325is(5spd) and it was a great car and also had a e28 M5, that was an awesome car. Personally in your situation, I'd look for an e36. Newer and more comfortable and some are going cheap now. Good luck.
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Jay
'08 E350 Wagon
'74 914 gone
'72 T gone
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