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Fun cars and a 535i trans will work but gears are different.
They will only go up in value so I'd get it if I were you. As long as there is no rust and the motor is healthy, 10k+ rebuild cost, anything around 10-14 K is a deal. As mentioned, interiors can get expensive as well.
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Jay
'08 E350 Wagon
'74 914 gone
'72 T gone
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