bornfree,
look no further if you want a e30 /m50, E28Driver's car is the best speciment yet, we ( the cat and i ) manage to fix some issues during its problematic days, the car has turned out to be one of the better m50s.
i have heard of some e30/m50 converts suffering from some "problems' that's why many has sold theirs
rm16k is just the baseline cost, be prepared for at least 30k, if you want it done proper and right......
good luck