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There are many things to consider other than just the mechanical condition of the engine/transmission.
Even with regular maintenance, the car will be cosmetically worn. Lots of rock chips, scratches and other things that might not be easy to replace. Have you seen the price for a new set of headlights? These aren't the $200 ebay special headlights on the M3. Also, other wear and tear items that people rarely replace such as shocks, bushings, various fluids (some "lifetime" fluids need to be replaced).
I guess if you are prepared to face the costs or DIY most of these things and you don't care about the cosmetic condition, it can be a great deal.
This isn't a Toyota or Honda.. those cars run 200-300k miles with zero problems. This is a high performance BMW which has much higher costs to maintain and repair!
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Auto Detailing Enthusiast!
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