It's a delphin metallic 1988 325 with the 327i swap meaning that it has the 2.7L supereta block & pistons but all of the "i" upgrades.

The 'i' 885 head with cam
'i' intake
'i' throttle body
173 ecu with knock off mark d chip
'i' AFM

Here is a list of recent things done to it

Timing belt (8000 miles since it was last changed)
Recent alignment
Hankook v-rated summer tires (about 50% tread left)
Painted intake/valve cover
new cap and rotor
Alpina knock off headers
Catco Cat
New 02 sensor
new spark plugs
new battery
recent oil change
OE BMW head gasket done w/ timing belt
19lb. injectors put in (ford mustang gt kind)
new slave cylinder
rebuilt master cylinder
sunroof panel replaced
z3 1.9 Shifter
new control arms (both sides)
new control arm bushings (OE BMW M3)
new bilstein shocks all the way around
new vogtland springs (car is lowered 1.25" all the way around)
new brake rotors all the way around
newer brake pads
front brake calipers replaced
new shift bushing
new radiator
new JVC head unti w/ premium BMW speaker set up
new sunroof seal
new trunk seal
new taillight seals
3.73 LSD
new drive shaft
Subframe and trailing arm bushings replaced (OEM)
Motor Mount and Trailing mounts replaced (OEM)
Inspection good until 2012

Cosmetic stuff:

Euro Grills
Euro Bumper Trim
fog deletes
'ix' basketweaves and caps (15") with 20mm spacers
recent dash swap
tan sport interior
plastic bumper swap
Rust holes patched in the floors
is lip spoiler

The mileage reads 111xxx but the true mileage is about 155k, odometer had to be changed with "I" Swap

The Not so good:

No A/C (compressor is dead, spins but tight)
Leaks some oil
It's running a bit rich
Needs a respray
Gas Tank has to be replaced (is rusted at the top, have an extra tank I can throw in)
Price is $3,500 OBO
Thanks - Justin

First 2 picture is what it looks like when its clean, looking good, and summer, last 2 are how it sits as of right now.

Attached Thumbnails

       

Does it have a star on it?

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RIP:
2011 E350 BlueTEC, Schwartz 81k (totaled by uninsured drunk driver)
1964 Unimog 404.1 (wrongfully towed by the city)
1994 E320, Brilliantsilber 208k (transmission shuffled off after sudden catastrophic fluid loss)
1982 300D, Silberblau under a blue repaint 256k (sold for parts)
1995 E320 Polarweiss, 131k (sold for parts)
1995 E300D Polarweiss, 287k (totaled by drunk driver)