I agree with you, it's a little high considering that I just checked the ads and I found 2-3 that could potentially(this is the important word here) be better deals(they weren't there 2 weeks ago). I checked 4 other e30s prior to this one(most of them were garbage) and it is the best one so far and by quite a margin.
Anyways, I'm commited, I left a deposit just hours ago... I think it is still worth it.
Thanks for your opinion guys.