thats a good price for a 4.6 in your area. I have driven a 4.8 prior to buying my 4.6 and the steering felt tight to me. Im on my forth bmw and I love the way it handles.

Im sure you get some more responses on here about what could be wrong with it if it feels loose.

your 60k inspection II is coming up and that can get pricy. Also, you should be thinking about about your water pump, and replacing your tranny fluid in the near future. Not to mention you'll prob have a window regulator or CV boot that needs to be replaced soon. Im just under 54k on mine right now.

You will also want to look at the build date in the drivers door. These are things I wish I looked into such as being able to open your headlights to clear them out and/or put in angel eyes. It will also help to tell you want upgrades you can do to your car if you choose. Like a MkIII (cd based) to MkIV (dvd based) nav computer.

on the good side, it prob only has analog DSP which means if you put in a DICE for your ipod you dont have to buy/install the extra DSP module.

Check the brakes too, Im at 54k and my light just came on, which means new rotors/pads/sensors for me. over a grand at the dealer but a easy DIY if you want to save some money.

Also think about snow tires if you ever go skiing/snowboarding. The 20's have summer tires, unless these have been swapped.

This is just off the top of my head right now, Im sure more will come to me as I have only had my 4.6 for about 4 months now.

__________________
2002 4.6is Dinan S2
Titanium Silver/Black Alcantara

DINAN
Stage 4 Engine Software
Automatic Transmission Software
High FlowThrottle Body
Free Flow Exhaust
Cold Air Intake System
High Flow Air Mass Meter
OTHER
CCFL Angel Eyes
Stealth XM Radio in ashtray : FM Mod
Pilot H3 Fog Bulbs
Cleared Headlights: Hi/Lo Beams
Hardwired Radar Detector
IN PROGRESS
Powerstop C/D Rotors: (on backorder)
W/EBC Red Stuff (F)
W/Axxis Deluxe (R)
Dice Ipod: Aux Input for XM
THINKING
SMG II
MK4
Bluetooth