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Re: used 94 530
That car may have had problems with the engine. You need to find out if it was repaired- some were not. This quote was lifted from Wikipedia/BMW e34:
"Both the E34 BMW 530i and 540i shared the M60 engine, which used Nikasil bore linings. In America and the United Kingdom this made both susceptible to premature engine wear, as high sulphur content in petrol in those markets resulted in deterioration of the linings. BMW then introduced an Alusil version of this engine, which solved the problem."
Unless the dealer can provide concrete evidence that this car was properly repaired, $4K is way too high.
IMO you need to find a good 525- they weren't subject to that problem. They are excellent cars and I see 'em all the time for under $3K. I had a '92 525 with a 5 speed and sold it 2 years ago with over 200,000 miles for $3K.
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2001 530i:
5 speed, Sport, Premium, Cold, Dinan Stage 2, General Exclaim UHP's
1998 Jeep Grand Cherokee 5.9 Limited
2008 Ford F250 XLT
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