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Buying a Used 3-Series

455 messages,  Last post on Oct 16, 2009 at 6:36 PM

You are in the BMW 3-Series Forum. Your Hosts are pat & karens

What is this discussion about? BMW M3, BMW 3 Series, Motorsports, Engine, Suspension, Car Buying, Coupe


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#329 of 455
Re: Im lookin for a car to buy. [srs_49] by cardude_2009
Jan 11, 2009 (5:23 pm)
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Replying to: srs_49 (Jan 11, 2009 5:02 pm)

Would you recommend the purchase then?
#330 of 455
Re: Im lookin for a car to buy. [cardude_2009] by lokki
Jan 12, 2009 (7:46 am)
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Replying to: cardude_2009 (Jan 11, 2009 5:23 pm)

If you NEED the car for transportation, and money is tight, you're crazy. You can get a car with less potential, but less potential expense in it for the same dollars. An old Toyota Corolla, or an old GM car will serve you much better as routine transportation.
 
If you already have a second car that will get you to work pretty regularly when this one is waiting parts (or waiting for you to have the time to put them in) then - maybe.
 
My wife's 98 328i is a pampered child - never parked outside day or night- has 50K miles on it since 1998 - she only drives about 6 K a year but drives it regularly to work and back. Maintained, literally, by the book. However, when I go through the "things that are gonna happen" checklist that Mr. Shiftright has provided, it's a near perfect match for the things I've done for her car. The radiator, the bushings, the window regulator, the leaky valve cover gasket, and now last weekend, the thermostat (fortunately in the open position).
 
The next ones will be (according to the check list) the water pump, and then the fan clutch.
 
None of these are a big deal individually as, fortunately, I can afford them, and they don't pop up very close together. Still, just for routine maintenance like this, and then adding in tires, brakes, etc, I'm probably averaging $200 a month over the course of a year. Unfortunately, that's nothing for six months and then $800 and then nothing for a few months and so on. You'll spend less dollars since you can do your own work, but you'll spend more hours, and during those hours you won't be driving.
 
Final note of experience. If you don't have a garage to work in - you're parking outside - then this car won't be practical. Some jobs are going to take you two or three days at a minimum - to get the part you didn't know you needed when you started, or the tool that you have to borrow from somebody, halfway through the job.
 
Me? I'd hold off and wait a little. Given economic conditions, you should be able to pick up a better old BMW for a few K more that will allow you to skip some of the maintenance anything this old will need. Better to invest the money up front for a better car, than to spend the same money later for parts.
 
When I was young and thin, and poor, I owned an old Alfa Spider, so I come by these opinions honestly.
 
Still, in the end the decision has to be yours.
 
"The heart has its reasons that the mind knows nothing of"
#331 of 455
Re: Im lookin for a car to buy. [lokki] by Mr_Shiftright HOST
Jan 12, 2009 (8:13 am)
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Replying to: lokki (Jan 12, 2009 7:46 am)

the only thing I can add to lokki is this----"never gamble more than you can afford to lose".
 
Can this car go another 75,000 miles? Sure, probably, given its good care (allegedly).
 
Will those 75,000 miles be relatively trouble-free? No, that is simply not realistic thinking.
 
Let's frame it this way---aside from gas and insurance, can you afford to put $100 to $150 a month into this car, averaged out over a couple of years?
 
If "yes I think so", then okay, give it a shot.
 
If "no, I really don't want to do that every month" then no, don't buy it.
 
Get an old Corolla....turn the key, drive it, park it, abuse it, crash it...it doesn't mind.
#332 of 455
Re: Im lookin for a car to buy. [cardude_2009] by srs_49
Jan 12, 2009 (9:11 am)
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Replying to: cardude_2009 (Jan 11, 2009 5:23 pm)

Given that you have no budget, I would say no. I think you would be doing extremely well with that car if you only put $100-$150/month into it.
 
Look for a used Civic or Corolla, though those tend to be a bit pricey.
 
Something used from Detroit would probably be more in your price range, but I don't really have a good recommendation there. I did good with a used '94 Merc Tracer I bought for my son 8 years ago (120,000 miles on it, paid something like $2000 for it). Guy my wife worked with was moving out of the country.
 
Any retirement communities near you? Lots of times you can find some really good deals there from someone giving up their license and vehicle.
#333 of 455
'07 BMW328i vs 06 Acura TL by adag
Jan 13, 2009 (8:50 am)
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Test drove the two (among others) and am leaning towards the BMW.
 
BMW '07 328i (20K Miles & $21.5K) vs Acura '06 TL (19K Miles $21.5K). There are factory warranty's available- 4yr/50K miles.. essentially 2 years on the BMW vs a year on the Acura. What other factor should I consider prior to purchasing? Moving to SF Bay area- and possibly drive 120 miles/day.
 
This is the first time I am going to this car segment after driving a reliable Honda Civic. Appreciate advise and cautions
 
Best,
Ad-ag
#334 of 455
Re: '07 BMW328i vs 06 Acura TL [adag] by kyfdx HOST
Jan 13, 2009 (8:54 am)
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Replying to: adag (Jan 13, 2009 8:50 am)

Don't know how it's equipped, but the deal on the BMW looks a lot better...
 
One other thing to factor in... No charge for service on the BMW until the warranty expires...
 
600 miles per week? Shewwwwww.. get a new girlfriend...lol.
#335 of 455
Re: '07 BMW328i vs 06 Acura TL [adag] by srs_49
Jan 13, 2009 (4:28 pm)
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Replying to: adag (Jan 13, 2009 8:50 am)

They're both fine vehicles.
 
IMO (I have an '87 BMW and my son has a TL type S), the BMW is sportier and more fun to drive, while, over the long run, the Acura will be cheaper for maintenance and repairs.
 
If it were me, I would go for the BMW, particularly given that they're the same price and the BMW is a year newer.
 
How are they equiped?
#336 of 455
Re: '07 BMW328i vs 06 Acura TL [srs_49] by adag
Jan 14, 2009 (8:27 am)
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Replying to: srs_49 (Jan 13, 2009 4:28 pm)

Acura TL: Pwr Seat, Pwr Sunroof, Pwr Windows, Pwr Locks, A/C, Cruise, CD, Leather, Heated Seats, Security System, Alloys, Traction Control, Xenon Lights.
 
BMW: Pwr Seat, Pwr Sunroof, Pwr Windows, Pwr Locks, A/C, Cruise, CD, Leather, Heated Seats, Security System, Alloys, Traction Control
 
Should I be taking an extended warranty? I am buying the car in minneapolis and moving to SF Bay Area in another month or so. Alternatively, I can buy the car in SF, but the location difference makes up the difference in price for similar cars in the two cities.
#337 of 455
Re: '07 BMW328i vs 06 Acura TL [adag] by srs_49
Jan 14, 2009 (10:01 am)
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Replying to: adag (Jan 14, 2009 8:27 am)

In general, I'm not a fan of extended warranties.
 
For one, anything that makes a lot money for the company has to be a bad deal for the consumer.
 
Second, the extended warranties I've looked at tend to have lots of caveats and exceptions, such as:
1. Vehicle must be serviced by the dealer (pricey).
2. Normal wear-and-tear items (brakes) are excluded".
3. There's usually a deductible (per visit?, or per incident?).
 
That said, there are people who have made out with such a policy. Friend of mine saved several thousand dollars when the tranny in his GMC Yukon had to be replaced at the 60,000 mile mark. But, that's a GMC Yukon - not an Acura.
 
IMO, just put the money you would spend on the extended warranty aside (maybe buy some GM stock with it ), ready for use should the need arise.
#338 of 455
Re: '07 BMW328i vs 06 Acura TL [srs_49] by Mr_Shiftright HOST
Jan 14, 2009 (10:03 am)
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Replying to: srs_49 (Jan 14, 2009 10:01 am)

extended warranties can be tricky. Sometimes, rather than list all the "exclusions", they'll only mention things that ARE covered, leaving you to deduce by elimination those items which are not covered.

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