Is buying a 1988 BMW 325is with 240,000 miles a bad idea?

Adamg1

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I mean, the car was a southern vehicle until 160,000 miles, then it was placed away in their garage through the New England winters. Theres no signs of any rust and has more technology than most NEW 2008 vehicles. And its always been maintained by a BMW dealership. I test drove it and it is a blast to drive and everything works fine even going 85 mph on the highway in the rain. the guy said it needs nothing and it very well seems so. What do you think?
 
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