When I bought this car new in 1997, itwas the fastest BMW 0-60 (5.5 as a standard, modified to 5.3 with Confortichip, B&B Tri-Flo exhaust and Dinan air intake). It was later voted "Best Handling car in over 30K group" (beating out the Porsche, etc), Car of the year 3 years in a row, '95-'97 (Car andDriver). Maintenence is high in terms of tires, clutch, brakes and mods, but other than that, nothing major. The engine was compression tested at 110K and was like-new according to the mechanic (I recommend a small, local, specialized mechanic).
You have to do something illegal while turning to feel the true handling. It feels like a suspension within a suspension. Great posi rear end allows for slick U-turns, and if you go with Michelin Pilot Sport PS2 tires, great traction and full-speed ahead!
the plastic radiator, power sunroof and electronics are the only real problems. Watch out for after-market parts likethe starter (installation costs so much it's moot, then it breaks on you and youlose $500).