There is some compatibility across the model lines. For instance, the Brembo calipers work on various E9x models. The rears are where you'll sometimes run into some compatibility issues.
My advice would be to get the BMWP upgrade kit for the E9x 34110444738. It's still available from BMW and does exactly what you need for around $1300. You can get used calipers which may or may not need to be rebuilt for $900 and then you need to buy pads ($150) and rotors ($200-$400) on top of that. I don't know why anyone would risk buying used calipers when the brand new BMW Performance kit is the same price.
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Official BMWP Whore - BMWP suspension kit w/ M3 arms, BMWP big brake kit, BMWP intake w/Mishimoto tube, BMWP exhaust, BMWP carbon strut brace, BMWP short shifter, and BMWP carbon spoiler. OZ Leggera HLT w/ 245 square setup.
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