I'm Tom, and I just picked up a 97 328i SE saloon on Thursday after a cheeky eBay bid for a massive £625. As a bonus, it has also been converted to run on LPG! Cost £25 to fill up, not sure what mileage to expect out of it as yet but the optimistic OBC tells me I'm currently averaging around 31mpg, 38mpg on motorway.
Of course, for £625 she isn't perfect... Couple of rust spots (worst one is on the drivers side rear door) and it has a whopping 211000 miles on it lol still drives fantastically though, it's clearly been looked after mechanically by the previous owners.
There are a couple of things I wondered if anyone had any ideas about too...
The ASC and airbag lights are permanently on
When pulling away running on petrol in 1st it bogs down a lot unless you give it a lot of revs and the idle hunts a bit when
returning to idle and putting the clutch in.
On the last point,I'm going to have a look at the idle control valve but bizarrely this isn't a problem when running on gas so it may be something else...
Anyway, long first post over!