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If it's just strictly a weekend car, I'd personally go for the boxster even though tip is kinda gross(my .02), but if he's going to be using it as a daily driver/ fun weekend car id go for the m3. As far as higher mileage bimmer's, my summer beater 645ci comin up to 90,xxx and my winter beater is a e39 528i and it's been pretty reliable. It's comin up to 150,xxx and only problem that's popped up was a bad water pump.
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'99 Porsche Boxster 986 - weekend car
'04 BMW 645ci e63 - daily driver
'98 BMW 528i e39 - dog carrier
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