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Buying Luxury used cars

411 messages,  Last post on Jul 13, 2009 at 10:22 AM

You are in the Classic Cars Forum. Your Host is mr_shiftright

What is this discussion about? Classic Cars, Coupe, Convertible, Truck, Sedan, Wagon


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#317 of 411
Re: used BMWs [Mr_Shiftright] by lemmer
May 18, 2009 (7:02 am)
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Replying to: Mr_Shiftright (May 18, 2009 6:42 am)

You are probably right, but the 2002 model with 70K on it had the most mechanical issues. Maybe I should just avoid those 5 series cars completely.
#318 of 411
Re: used BMWs [lemmer] by Mr_Shiftright HOST
May 18, 2009 (7:55 am)
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Replying to: lemmer (May 18, 2009 7:02 am)

Depends on how it was taken care of. If they deferred many of the maintenance issues, then you get stuck with the bill at the end of the meal, not them. About 80K is when the bill starts to become due, so your experience suggests to me that what you had was a car that was "just driven" and not kept up properly.
 
My strategy on 5 series is buy cheap as you can, as low miles as you can, and review all service records. These 3 mitigating factors will improve your odds of having a good experience. It's not like a 10 year old 5 series is easy to sell anymore---it's not. You can bargain hard on these cars.
#319 of 411
BWM by benjaminh
May 18, 2009 (8:41 am)
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Did you see that 5 series wagon, 6 speed manual, that I posted in the other forum? Looked great, although pricey, until I saw that it had been in an accident....
#320 of 411
Re: used BMWs [lemmer] by jrosasmc
May 18, 2009 (9:18 am)
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Lemmer's experience with those E39 5-Series cars mirrors that of mine. I too looked at a few of them a couple of months ago, mostly 1997-99 528i's. All of them had mileages ranging from 100k-140k, but I was appalled at how they needed obvious work done. The problems ranged from a non-functioning radio, unreadable climate control display, and even rust on the door bottoms on one of them. Needless to say, I passed.
 
On the other hand, I checked out a Lincoln Town Car from the same era, with respectable mileage (80k), and everything was working as it should, and felt solid to me. Then again, a Ford Panther platform is much more simple and easier to maintain than any E39 5 Series.
#321 of 411
Re: used BMWs [jrosasmc] by berri
May 18, 2009 (9:31 am)
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Replying to: jrosasmc (May 18, 2009 9:18 am)

Sorry guys, but when I think old luxury cars I'm stuck in the land yacht Caddy and Duece and a quarter days - you could cruise all day on the interstate and never get tired in those old beasts!
#322 of 411
Re: used BMWs [lemmer] by benjaminh
May 18, 2009 (10:01 am)
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Replying to: lemmer (May 18, 2009 6:17 am)

lemmer: If I may ask, what kind of price did you have in mind?
 
Here's an 2006 530i with a 6 speed manual, which I think would be my favorite combo (not that I've ever driven one) for c. $23K in Dallas. Has c.40,000 miles, and still a few months of factory warranty left. I imagine it had an msrp of 50k or so....
 
http://cgi.ebay.com/ebaymotors/06-BMW-530I-1-OWNER-FACT-WARRANTY-6-SPEED-MANUAL-- NICE_W0QQitemZ140318654754QQcmdZViewItemQQptZUS_Cars_Trucks?hash=item20aba4c122&- _trksid=p4506.c0.m245&_trkparms=65%3A-2|39%3A1|240%3A1308
#323 of 411
Re: used BMWs [benjaminh] by lemmer
May 18, 2009 (10:57 am)
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Replying to: benjaminh (May 18, 2009 10:01 am)

Not $23K. If I was going spend that much on a used car, it would probably be another 911.
#324 of 411
Re: used BMWs [Mr_Shiftright] by circlew
May 18, 2009 (11:53 am)
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Replying to: Mr_Shiftright (May 18, 2009 6:42 am)

Understood.
 

 

 
Regards,
OW
#325 of 411
Why? by hpmctorque
May 18, 2009 (12:25 pm)
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Given their premium pricing, why can't Audi, BMW and Mercedes match the Japanese luxury brands on reliability and durability, other than engines? I suppose the cynical answer would be with another question, such as "why can't the Japanese make a car that feels as good to drive as a BMW?" There's got to be a better answer, however.
#326 of 411
Re: Why? [hpmctorque] by Mr_Shiftright HOST
May 18, 2009 (1:25 pm)
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Replying to: hpmctorque (May 18, 2009 12:25 pm)

Too complex/ over-engineered?

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