Overpriced! The market is soft for the cars right now. I owned an '02 but ditched it when everyones engines were grenading and BMW wouldn't acknowledge there was a problem. Not too long after I sold it they admitted there actually was a problem

Great cars but like all BMWs they have gremlins.
http://austin.craigslist.org/ctd/986891855.html
http://austin.craigslist.org/cto/986184092.html
http://austin.craigslist.org/cto/978056689.html