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I agree with _paolo, it seems like a decent deal, I'd definitely get the PPI done to make sure there are no other gotchas. Also, get an idea of what getting the big 3 done in your area will cost you and be ready to do them. I bought one earlier this year that had the vanos done, but hadn't had the subframe or rod bearings (BMW had done them at 30k, but the car was at 150k miles). I picked mine up a little cheaper, but it was also an SMG.
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