You do you know that all BMWs use premium gas....your still going to pay out the ass for 91 octain. And yes i seen E36 M3's come into my work with lost compression due to damage casued by detonation. So i would not reconmend running watered down piss gas.
Sorry your selling the tour it was a nicly done car!
But i have yet to meet a lightly to medium modded E36 that can beat me...there weight is too high nearing 3500 lbs.
Good luck with everyting....See ya on the road.
Lupe