If it has a bad transmission then walk away from it. Its not worth it. Their are much better examples out their.
Normally they should last a lot longer then 180k. Mine has 268k on it right now and still drives fine. If the transmission is blown on that one then they were obviously beating on it pretty hard, or not maintaining it. Find one with maintenance records proving that it has been serviced.
RWD is fine as long as you get Winter tires for it. I ran Nokian Hakkepalitias (sp?) on my E36 for a couple years and they were fantastic. If your wife is going to drive it dont cheap out on her safety. Get winters.
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