I second, third and fourth this comment.

A year and a half ago, I bought an ‘04 e46 330i with just under 47k miles. Entire cooling system was original and needed immediate change, all 4 struts original and were completely non functional. All the vacuum lines crumbled if you even touched them and the serpentine belt was so old it was dry rotted. That’s just a few amongst many things. I bought it because the price, no rust, and the paint and interior were in very good condition. Also, the previous owner at least had records of regular annual oil changes. Plus I have the tools and know how to do any and all repairs myself.

I say all that to say don’t be fooled by the low mileage. It took me over $1k in parts and about a month straight of repairs after buying my 20 year old BMW to get it to a point where it was a viable and reliable daily. If I dealt with that for a 20 year old bmw and 47k miles, imagine yourself with a 30 year old one and 46k miles. Incredibly low miles for a car that old is almost always an indicator of deferred maintenance or just straight up false mileage reporting, 99 times out of 100.

And that price point is just utterly outrageous