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I'll get flamed for this, but honestly why would you go for this car over virtually anything else in the same price range?
You're kidding right? You can pick up a 1 year old P5 with less than 20,000 miles on it, leather interior, and a nice stereo for 12,000 dollars... I've had my P5 for a year now, and LOVE it. The only downside is a lack of power, but the fun-to-drive quotient is off the scales!!!! I'll tell you this right now: Follow me down a twisty road in my stock suspension P5, and your M3 will be hard pressed to keep up in the corners.
Dan
P.S.- if you had 12,000 dollars, and wanted a car less than a year old, what would YOU get?