Remember the original poster is in the US, so it's a bit more difficult. 3.8's were never officially imported, bmw felt it wasn't worth the expense to 'federalize' the 3.8 for the amount they'd sell. They will pass california smog, if in good shape, well tuned, with a healthy catalyst however (as my cars can prove).
When i last looked thru the registry at M5portal, there are about 29 tourings in the US, and 45-50 3.8 sedans. There's proportionally more 95's, as many people think if they're going to the trouble/expense, they want the latest and greatest.
I know of a daytona 3.8 no-sunroof model that might be for sale on the eastern side of the country, if the OP wants info.
Thank you for the response and heads up. Although, I love the Daytona it is not my color that I can live with. Are you referring to Scott's car in Atlanta?
I am currently looking at a 1993 Alpine White/Silver car. 100K with great service records. I used to own a 1995 E34 M5 that I bought from a friend who imported it back in 1995 and I loved it. Like so many things that we sell and later regret well this is one of them but the past is the past.
There was a silver/Silver in VA that was offered for sale a 1992. 95K. I don't see it on the autotrader any more. He was asking 21K looked well taken care of. Changed to M-Pars which I personally would do the same. Please don't hate
I hope that the White one does check out with the PPI if I move forward with it. I know many people say that the HE53 and the Msport that I have are just as fast it is still not an M5. It does not have SLS and the EDC which are cool features in the Euro models.
I am not looking for an investment grade car but a nice low mileage weekend/event cruiser to add to the collection. For some reason i am staying away from the 1991's.
Once again thank you everyone for your input. I will get to learn more about these cars if the deal goes through.