I agree with Mark. I know I have driven my 2002 for 35 years without airbags, but we had no choice, there were fewer cars on the road and there were NO SUV's. Today is another story. I drive the 2002 infrequently on weekends and really watch the other guys. I bought my daughter a 2003 325i with airbags, anti-lock and skid control. I wanted all the protection I could give her. I also have a new driver in my house who just bought his first car with my advice. We found him a 1990 325i, first year with airbags. The way I look at it, how would you feel if you put your son or daughter in a car without airbags and they were involved in an accident where an airbag would have saved their life? Could you live with yourself? I couldn't.
I know a 2002 is very cool, but in my opinion, no car as a daily driver for a new driver.