its an OK deal. The market here in calgary is strange for bmw's.
Both signal lights is likely an elecrtical issue vs bulbs being burnt out. If the rear turn signals work though, its probably not a huge deal.
If the engine was replaced by a dealer with paperwork i'd say its deal worth considering, but i'd probably get him to move 10% on price.
Lots of people will tell you to stay away from early e46's. Personally, i've never had/seen them having that much more issues than late e36's/post 2001 e46's.
Vitek's BMW in calgary is a really great shop for repairs or a pre-purchase inspection, owner was a foreman at BMW calgary for 10 years before he quit to start his own shop.
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Hot: 2001 Estoril M Roadster
ZCP 19's michelin supersports, ZHP knob, JL 8W3
Cold: 2002 TiAg M3 6mt deoranged, dechromed, led tails, ZHP knob, UUC SS v3, GROM, OEM 18's w310's,
Fun: 2006 YZF-R6, black, ohlins, pazzo, cat delete, vance hines csone, YEC racing tune