In 2012 I bought a 2002 E46 318i as a daily driver.
I bought it for R77000, with 120k km on the clock with a FSH, mostly from BMW.
Within the first 4 months I had to spend over R20000 on small things that went bang, from window regulators, Vanos controller, radiator and even the radio.
I later found out that the E46 318i was the most unreliable E46 made, with the N42 engine being the worst aspect of all.
I drove it for about a year, and then sold it.
If I were in your position, I'd sell it asap.
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