Thanks for all of the info guys
328is_perf and aschon : Yea you do need a dealer's ID for the states, but I have a guy checking them for me with very little luck ( there's another auction in the area this wend. so i'll definatly wait to buy until I hear from that.
Justin e36: WOW!, Thank you a whole bunch. I'm glad to hear that the OBC is easy to fix, becuase i was afraid that would be a fortune. After thinking about it for a while I might be getting an aftermarket stereo eventually too.
As for everything else, i've checked it and it has passed (except for the 1st 2nd gear test, I never heard of that, but when i take it to a mechanic tomorrow i'll check that)
I am still looking for a better deal, but after searching for 3 weeks and there have been really only two 325is's in my price range (under 7k USD) within 200 miles of searching, I'm ready to settle down and pour out my TLC.
Thank you again guys!