If you have been following this thread at all, you have probably figured out that my perspective at the end of one day doesn't always (possibly, ever...) match what I say the next. I have narrowed my list down to three cars... only one of which was on the "final" short list two days ago.
And if I tell you that my list now consists of the '04 MSM, a '15 FiST, and the best E46 3-series I can find for $6K or less... then you can probably figure out roughly what I did today.
My list didn't change at all yesterday. I did a few things to prepare for the trip, for purchasing a car, and for the eventual revival of the Vanagon that has been sitting for two years, but made no progress on picking a car, other than acknowledging that Petrolburner (and others of you) are correct when you observe that the MSM is definitely what I most enjoyed driving, even if other cars where better/faster/more comfortable in various ways.
Then I got a reply from the local Ford dealer saying that their network had three Fiesta STs and they would have one on the lot for me to drive at 10am. So this morning I dropped my mom off at work, took her car to get breakfast and a battery for the VW, and showed up at 9:30. Aside from not having that wonderful locked-on chassis feel, and of course a certain level of 'refinement,' from the driver's seat the FiST seems to give up almost nothing to the 330i. That is a hell of an accomplishment for an econobox. Plus 35mpg on the highway, all the smartphone connectivity and satellite radio goodness that would make for a more pleasant trip, and plenty of practicality for college use. This particular one is in black (I could be happy with pretty much any color but white or silver) with only Recaros, the moon-roof, and wheels. Don't need the wheels or moon-roof, but it's a better package than the other two they have (paint up-charges, navi, and at least one more add-on each.) $23,905. 0% interest if I want to finance it (which would give me more financial flexibility over the next year while I get settled into school than even buying used.) Depreciation sucks, but it would still be worth a decent penny in 5 years and would likely cost very little to maintain over that period. Definitely food for thought.
While at breakfast I had done a quick scan for a few things on cl. As of last night there are both a Mazdaspeed3 and a 5-speed Legacy GT (sedan) for sale in the Columbus area. Neither one have responded to emails yet. Ah well. I would love to drive both, but at this point, I am fairly certain neither would change the overall picture.
However, there was a 5-speed 325i at a dealer, and a 5-speed 325ic that got a response, so I went to check those out. The sedan ($5000) was definitely a little bit rougher than anything else I had seen other than the M3 convertible, but not in any major way... just some slightly sticky buttons, loose gear shift knob, some very minor rust spots starting at the bottom edge of the door and back of a fender. Engine bay looked great. Everything worked. On the road the car was 85+ % of the 330i. No sport package and on a highway on-ramp I started sliding out of my seat long before the car complained in any way. I could live without those last few percentage points of power and suspension, but I'm not sure I could live without good bolsters on the seat. =)
http://columbus.craigslist.org/ctd/4706923597.html
The coupe... was a basket-case. It is supposed to be selling for $3500 tomorrow morning and I think the seller is getting the good end of that deal. The chassis and power were all there, but everything else needed some kind of attention.
Again, several of you are free to say 'I told you so' at this point.