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I presume that the seller knows what he/she has, and if it's priced at 5K there's a reason for it. If it's a nice car, with that kind of miles, it's worth closer to $10K than $5K, so figure it needs $5 worth of work.
The problem with old BMWs is that they are cheap to buy, but many parts prices still reflect that it was a $80K car (in today's dollars) when new. And it's 20 years old, so there will be a lot of things that need attention.
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Current inventory:
F22 & G05
Cadillac CT5-V Blackwing w/3 pedals
Past: E24,E28(3),E34,E36,E37,E38(2),E39(4),E46,E89,E92 (obviously),F01,F06,F10,F30,F87,G12,G30(2),G82(2)
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