One of my daughters eschewed the 240 path, plunking down for a new E46 in 2002. She loves it. Yes, she still drives it daily after 16 years. I get to see it when we change the oil together. After 7 years she had to replace the battery. Her dad didn't even know where to find it.
It looks new to me, probably because it is garaged. Her mom likes it too, maybe hoping we'll get it when she decides to move on from this 3-series.
I agree with you on the maintenance, but the BMW community on line is full of people like those on the Brickboard, serious DIY mechanics. No shortage of technical information like you find with some marques.

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Art Benstein near Baltimore
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