$ 3,500 may be a bit too much but I think he can get more than $1,500 for that car. Opposite neighbour just paid $3,500 for a red 87 325is but in really great shape, no external rust. her car has rip free black leather interior though.
I bought my April 87 325is but in mint, mint shape with a rip free black leather interior for $6,800 in 1998. Car was only winter driven for 5 years by first owner. I still have it and had to winter drive it in 1999, so for all of it's life it only saw winter 6 times.
SPEED AND POWER IS NOTHING WITHOUT CONTROL,
THANK HITLER, BMW HAS ALL THREE