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Old 06-17-2014, 06:09 PM   #4
dbworld4k's Avatar
Join Date: Aug 2006
Location: YYZ
Posts: 7,948
Avoid a high milage non-M V8 E39 like the plague.

Based on your needs outlined in your post; the most sensible, cheapest to own and operate (gas, maint, existing parts supply): the clear logical choice is the E46 330.

Around 8K, you may even find a high mileage early E90 323/325. If it's feasible, I'd get that. You get a change of platform and much newer tech and better reliability than any E46. You can still use your wheels on this.
'12 M3 6MT Alpine White + Fox Red Extended | '09 328i 6MT Space Gray + Saddle Brown

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