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Sedans BMW 7-Series BMW 7-Series 2006 and earlier
1312 messages, Last post on Sep 24, 2009 at 6:51 AM
You are in the BMW 7-Series Forum. Your Hosts are pat & karens
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Bought it as a demo with 5000 miles in April 1998 for $50000. I can say that it drives today the same as it did 9 1/2 years ago. Repairs... oh yea. Waranty work took care of the catalytic converters, rear shocks, instrument cluster, glove box and center console mechanisms. Was told the radiator neck would probably break around 60000 miles. It did at 62500. Replaced it myself. Ac compressor and water pump went at 90000 and 92000. Both total $2000. Leaking valve covers at 98000. $700. Now have leaking timing chain cover at 102000. Cost est. $3000. May not seem too bad over 9 1/2 years but throw in regular mantainence and two brake jobs, the first one $900 the second one $350 ordering the parts from Autohauz Arizona and doing it myself. Oh yea the power steering hoses both low and high pressure around 75000 miles. You can always say it's cheaper than buying a new car. I thought about unloading it and buying a LS430 used just going by what I've been reading about Lexus and the nice ride and reliability. So today I test drove a 2004 LS430 and I kept thinking is this all there is. I liked my beamer better. |
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| I am looking at buying a 95 740IL and a friend of mine in europe has told me you can check the true milage of the vehicle buy holding the trip meter in and turning on the ignition (or some method like that ) and the true mileage will be displayed.....can anyone verify this method and is it done this way ? | |
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I have been trying to sell my 2001 740i for over a month now by posting it on cars.com, autotrader and craigslist. I lowered the ASKING price to $100 less than kelley blue book private party average (i do live in New York city) and still no calls. The car has 63,000 miles and in great shape. Has anyone tried to sell a 7series themselves, any suggestions?
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Replying to: eric312 (Dec 06, 2007 1:53 pm) Kelley tends to be unrealistically high, maybe that's the snag, or just could be the wrong time of year.
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Replying to: Mr_Shiftright (Dec 06, 2007 2:14 pm) Got it as a certified BMW in 2003 for $43K Kelley private party is $20,600 I am asking $20,500. $15K sounds more like Kelley trade in value. I also thought it could be time of the year...
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Replying to: eric312 (Dec 06, 2007 2:57 pm) Lemme check on autotrader for you and come up with average asking price for a bunch of them..... STAY BY: Okay, here's the results--it's a pretty good pool of comps--175 cars for sale # of 2001 7-series found: 175 cars for sale $29,500 Highest asking price (silly) $10,300 Lowest asking price ( a beater) $17,860 Average asking price (probably close to reality)
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Replying to: Mr_Shiftright (Dec 06, 2007 3:44 pm) I was just thingking if i sell it for $18k i will need to spend AT LEAST $55k on a new 535 just to replicate all the features that this car has 
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Replying to: eric312 (Dec 06, 2007 4:11 pm)
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Replying to: Mr_Shiftright (Dec 06, 2007 4:46 pm) I noticed that Edmunds dropped the price of this car by about $2000 3 weeks ago. Not sure what caused it but i guess they cannot updated it regularly in small increments. Not sure if i am ready to part with this car for $17k though
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Replying to: eric312 (Dec 06, 2007 5:31 pm) Why don't you post your info HERE (see link below) and see what the "pros" think. Be sure to tell them you want a RETAIL price: Real World Trade In Values |
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