I've got an '83.
Check the distributor rotor. If it has an old friction-fit rotor, it has the old-style ignition system. If it has the rotor held on with screws, the ignition is the later (better) system.
This is a watershed year for the 6 series. IIRC, 1982 was the first year with the E28-based chassis vs. the older E12. Engine/drivetrain parts should be easy to get by and large because they're shared with the E28 5 series. Body/trim parts are a different story. The rear parcel shelf speaker pods and rear bumper corner trim are common trouble spots, above and beyond paint and corrosion
There are some serious car buffs feeding wikipedia.
http://en.wikipedia.org/wiki/BMW_6_Series
If you're looking for support from other enthusiasts, I like the Big Coupe Groupe.
http://www.normgrills.net/bcg/
The front fenders seem to rust out a lot, and in surprisingly high, horizontal places. Otherwise the usual E28 check points apply.
Not sure what you expect for $800. I wouldn't expect much. Does it run/drive? Can you get it registered for street use? It's probably a good deal.