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I have a '97 328i that I'm very happy with.
60,000 seems like low mileage - I have over 80K.
Trouble spots - rear shock mounts break (clunking noise from rear), radiator and thermostat housing (both plastic - get brittle), various electrical bugaboos (brake light switch, window and sunroof motors)
I think the is designation says you have the sport pkg. Don't know about the audio.
Overall, the car is very solid. Maintenance costs are in line with other fine european cars - it isn't as carefree as a Honda, but it's so much more satisfying to drive and own.
Good luck!
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