You're probably right, but with that e36 estate, the list of jobs outstanding is only what the owner knows about. It hasn't been used regularly for nearly 5 years, has no loom and nearly 200k on it, and doesn't look like it was exactly cherised when it was on the road so imagine what else is lurking. Essentially that car needs a full restoration, which simply isn't worth it. I love w124 estates as much as anybody, but this one just doesn't make any sense on any level.
Although rare, and it would be great if someone had the inclination to save it, it would have to be someone doing it as a labour of love on a toally irrational level.
Avantagarde cars don't seem able to shift a mint E36 saloon at £12k or a mint E36 coupe at £13k and they both seem like bargains compared to this estate.
To my mind that car is worth the scrap value of it's interior, which it's already exceeded on ebay.