We have a 1995 5 series as a 'hooptie'. Rides very nice.
However - just to get you prepared - a typical Beamer defect - the axle and tie rods ( I believe that's what it's called). We always have oneolder (as secondary )
and a brand new BMW...and always have the same problem after it's about ten years old...
How much are they asking for it? If it's a good price, it's still worth bying. Like I said, we always drive BMW's despite those reoccurring defects. It's the ultimate driving mashine, no matter what.... [bmwkick]