E90 320 has a 4-cylinder engine that's sounds like a sewing machine. To me, the M54 engine is a real gem worth paying a premium for.
Anyway, mine's registered on the 26th Dec 2002. So it's ALMOST 2003. I paid $87 000.
I was very lucky to have found my ride. It's the only one that I've seen that had an asking price of $89 000. Most people are asking $95-98k for the same age car. There's one private seller, also from this forum that's asking around $87k for his. It has a nice funky colour and a nice number plate with the usual mods (18" rims, lowered suspension, ICE...). However the OMV and COE are lower at $37k and $24k respectively and mileage is 60 500kms. My OMV is close to $45k and COE is $31k and mileage is 31 800kms.
Here's the link:
http://www.sgcarmart.com/main/info-n0wiwa-1000.html
31 000kms on the clock was a very big attraction for me. It's under average mileage for a nearly 3-year old car. Which was confirmed by the mechanic I sent it to for checking. He told me some tell tale signs were brake pads were sticking to one position of the discs. The interior was just flawless. Even the usual scratched up cigarette lighter cover was in good order. Having some warranty left was also a good thing as proven today when my driver window regulator just konked out and there's a jerkiness that some good members here have suggested that it needs a software update. All done coming Monday at PML for free.
Anyway, the place that I bought the car from wasn't one of those used car supermarts. It was bought at an old-school kinda car dealer place. It was run-down looking (cheap rent), hence can have lower mark up. I also did alot of homework when it came to how to calculate depreciation and scrap values of the car. So the salesguy knew he couldn't bluff me about anything. He just left me alone to inspect the car. He was a nice enough chap who let me test drive on the expressway. I went to look at other cars and went back to him 2 days later and asked for a test drive again. This time, the drive was even longer and harder. No problems, he just let me do what I needed to do. Knocked $2k off his asking price and deal was done.
In the end, after doing the paperwork, he showed me how much he had bought it for, and true enough, his profit margin was pretty small. But that will give you an idea of how much dealers get a totally stock, low mileage, PML, one owner, Dec 2002, face lifted 320IA for.
The big carmarts' margins are easily well over $10k per car. Factor in the commission they also get from insurance and loan companies and car exporters... it's a lot. So the lesson was, don't judge a place by how it looks! Also do your homework to the point where you have all the formulas in your head and no one can tell you something's A when it's B.
If you have a car to trade in, also make sure you know what your car is worth sold, scrapped or exported. Knowlege of what money you can get back from your old ride is also essential as they will makan you wherever they can.
That's all I can think of.
Sorry for the long post. Good luck searching!