Originally Posted by restore

$5000 for a 13 year old BMW e46 with 160k is a tad overpriced. Even if he has receipts and maintenance/repair work for everything done since he acquired it in 2001 (which I highly doubt he does), then you're still overpaying by a thousand or two.

I'd be careful about taking his word for it...get the Pre-Purchase Inspection (PPI) and then judge accordingly.