I am looking at buying a 1987 735I with 195000 miles for $1600.00, has had two owners, Seems good, any ideas?

The price seems right for a car of that age/milage. Here's a link to an E32 buying guide. I think the E32s started in 1988 but there might be some useful info: http://bimmer.roadfly.org/e32/messages/archive/msgsy2002w14/54855.html

Yeah, I thought 1987 was part of the E23 1980?-1987 design. www.bmwworld.com has some information on both the E23 and E32. Also (and I can't help recommending this book to everybody) is "BMW Buyers Guide" by Fred Larimer. It costs $25, has all gorgeous color photographs, and covers just about every BMW made since the 60's in significant detail--including a lot on problem areas.

what month in 87' is it, then i could tell you if its a 23 or 32