Grrr, found another nice looking 325i manual, 2004 model with 168k km that looks pristine - phone to enquire, sold earlier today! And the 325i that was tickling my fancy with its nice metallic olive colour is indeed still on the market, but it's in Welgemoed under the Cape Town area listing, but it's not the suburb, it's actually in Welgemoed, so not a quick get in the car and have a look at it... Pity, colour is stunning!
Maybe I am being too full is sh!t with this 325i that I looked at this morning. Mileage is low and mechanically, apart from the noisy aircon compressor, it seemed to be fine. Still a bit put off by the low oil light, these cars aren't known to use oil like the E90's, and at just over 100k km she's still a baby!
What is nice, for a few grand I can get an extended warranty which covers various mechanical and other failures to a certain amount, unlimited mileage but for 3 years. Example, the max option, about R6k covers engine up to R30k, gearbox up to R20k. Not really close to real amount if something goes south, but at least a decent contribution for a once off outlay. List retail price is R110k, but they are willing to let her go "as is" for R95k, so might still be worth my while to take another close look at her. Most of the niggles are minor and cosmetic - can see this wasn't as carefully a "loved" after car as it should be. But my father in law was with and he pointed out some valid good points, all windows have the same sandblasted coding so no brake-ins, and the rubber lining at the bottom of the windscreen is in good condition with no signs of sun damage, apparently a common problem and not that easy to fix.
It's basically a case of either look past the annoying flaws and fix them myself over time, or aim higher with my budget.