yes there are two paths you can go by but in the long run....
buy one with all maintenance issues taken care of for more $$$
or one with unknowns for cheap and go thru the what will go wrong list and make your repairs.
For $6k you should be able to find a pretty trouble free e34.
models I like:
95 525
all the 535's in e34
530iTourings.
shift or not to shift makes no difference in my choices.
FWIW, I will have an excellent cond 535ia 1992 for sale in a couple months, 2nd owner, every single maintenance record from new.....but it is the wife's car (and was a wife's car before that) and there are dime sized dings all over it. Swirled trunk paint from paper grocery sacks, swirled paint from crappy drive thru car washes...that kind of stupidity. Black with grey int.
So if you are ready to repaint the whole car and re-dye the driver's seat, it's a great deal. 118k miles on the best motor ever made. The car has never left Houston or Austin, definetely not Texas, and never seen the coast. Or dont' paint it and have a fun to drive daily driver that you are not going to lose sleep over where you park it.
