Hi all. I'm new here, and stumbled on this forum after dropping off the Roadfly E30 forum a while back. I have a '91 318is that was my wife's DD from 2002 (when we bought it) up to this past November, when we bought a new WRX for her. Now, it's my new project.:cool:
So, since you asked, here's what is wrong with it(so far)

250k+ miles
-rust in the hood (bubbling around the roundel)
-bent front valence
-tweaked LF fender
-rust in the gas cap
-rust in the rear fender wells
-rust on the sunroof sheetmetal
-corrosion in the battery box in the trunk
-driver's door lock has the typical E30 wear (doesn't work)
-needs carpet
-rear wheel bearings are noisy
-cracked exhaust header
-won't pass emissions (seems to require a new catalytic converter every 2 years to pass. Probably related to the cracked header)
-need a helicoil on #3 spark plug hole
-according to the dealer (back at 113K when it was replaced), needs 1 water pump bolt replaced (stuck in head/block?) and another is starting to strip... But it's held together since then.
-Timing chain tensioner was done at 153K, probably due again?
-Clutch is almost gone
-shift bushings too.
-OBC backlight
-bouncy temp/fuel gauge needles
-needs at least 1 foglight (I forget which side)
-and tires, too.
-it's got "shake and brake", where the front end shimmies during braking. Probably needs tie rods.
That's all I can remember now. I'm sure I'll find more as I start disassembling!
-=Chris