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wow 89000miles in outstanding condition is gonna help you alot. my friends been trying to sell her 91 318iC convertible with 90k miles and perfect condition for 5800, but has now dropped down to 4400 and still no luck. but i bet you could find a buyer that would pay around $6k or so
 

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see if you can drop him to 60-65. then deal

I got mine for 3700
 
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