No way , 16k is the price of an M3. The Alpina is much more exclusive. I'd say 21k with the nitrous system.

Added 1 hour 29 minutes later:

Vehicle name: BMW E36 318i coupe
Year: 1998
Mileage: 4,000 miles
Engine: BMW 1.8 dohc , 125 hp & 150 nm (110 tq)
Transmission: Five speed manual
Color: deep red
Condition: Garage queen
List of options/add-ons:
Engine : Honda headcover , nitrous direct port system (adjusted to give 125 hp shots , trunk mounted 24 pds. polished bottle) , tuned. 5zigen Border Max muffler.
Suspension : Vstanced arms , Air Lift Performance digital combo kit (can be adjusted in car , now is set to 150mm for the "low" position and 250mm for the "high" one , but can be lowered to 100mm or raised to 400mm) , Brembo vented discs (355mm / 6-pot calipers in front , 332mm / 4-pot calipers in rear) , 18" BBS E51 rims with 245/25 stretched tires.
Body : "318i" logo removed , rear windshield spoiler , paint-matched bumpers & sideskirts , Vstanced plate covers , smoked indicators , white side indicators and taillights.
Interior : full M-Technic conversion (tachometer , leather gearknob & seats) , decorative disco ball.
Car weights 3209 pounds and it's a garage queen , perfect conditions , low mileage. I'm asking 7k $ OBO.


Added 1 hour 38 minutes later:

Vehicle name: Ford Mustang GT
Year: 1993
Mileage: 24,000 miles
Engine: factory Ford 302 V8 , FRPP top-end kit , 411 hp & 442 nm (325 tq)
Transmission: Five speed manual (stock Ford T5 with factory 2.73 gears)
Color: Jet Black
Condition: Good
List of options/add-ons:
Engine : FRPP top end kit (GT40 upper & lower intakes , Ford Racing 24# injectors , FRPP fuel rail , FRPP X-Heads , FRPP B-303 camshaft , chrome timing chain , aluminium timing cover) , CAI (with chrome pipe) , Nitrous Express wet system (adjusted to 125 shot , trunk mounted 24 pds. polished bottle) , BBK shorties , Pypes mufflers.
Suspension : H&R Club Sport shocks/springs , Brembo vented discs (300mm front / 278mm rear , 6-pot calipers in front / 4-pot in rear) , 18" Schott Vector with Toyo Proxes 275/35 tyres.
Body : battery relocation kit (with Optima blue top battery)
Car weights 3632 pounds and runs (on street tires) high 10s (around 10.8 - 10.9) "au naturale". I'm asking 10k $ OBO.