You should definitely get the car on a hoist and check for cracks by the rear subframe.
The nice thing about the earlier builds (323 and 328) is that they use a mechanic throttle and have a much stiffer steering box. They are a bit lighter in weight also. The M54 engines (325 and 330) use an electronic throttle. Post-2001 builds also feature a lighter steering box which makes parking easier, but provides less feel (at least compared to ealier BMWs). However, the M54 engines do have a modified exhaust system with dual pipes all the way and a throatier sound.
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