BMW compared to a brand new? You have pros and cons mate... It all depend on your preference AmuR. I had the same thoughts as you too right before gettin a 2nd hand bimmer. further more with my family asking to get a brand new proton or honda it wasn't an easy choice. however thanks to appu, i was driving his car from S'Ban to USJ one day and i told myself thats it, it is going to a 328 and model 97 above.
it is true to set a side around 10k so that you will be prepared for 1st maintenance service after purchase and if it comes with issues than you will have to spend more. like for me, man ill tell you my story when i see you.
ride comfort, safety comes in play when you wanna choose a BMW compared to a Jap.
true what ICEMAN has said. get a car which has already been modded with body kit, rims and bla bla bla... it comes in handy so you do not have to spend all over again...
last e36 TT, one of the guys told me that there is a beautiful e36 328 1998 model with full body kit... low milage. PM 1+2=3...
all the best mate...