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My 5c
A local mechanic (no matter how good) unforc can't tell you what the main dealer can, here in NZ they just take your key and read it, and up pops the whole history.
So pay for a main dealer to inspect it, then maybe, personally it makes no difference if its been a track day car (at least its been looked after, verses rung out when cold by a private person - who can say?)
That said I'd only buy from a main dealer with bmw warranty. Everything you touch in an M3 shouldn't be tampered with (except wheels, exhausts and exterior bits) especially not electronics etc....as I said to a friend.."I am sure they can fly Wolfgang in from germany to get your car going again"....
Cheers
stu
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