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-   -   Purchasing a high mileage m3 good or bad idea. (http://www.bimmerfest.com/forums/showthread.php?t=668569)

Jusmuzic83 01-07-2013 12:52 PM

Purchasing a high mileage m3 good or bad idea.
 
Looking to get an m3 but it has over 100k on it what should I do and is it a good idea.

lenardbjr 01-07-2013 04:35 PM

whats the year and sticker price? Try to check the maint records too.

ditoedt325 01-07-2013 06:11 PM

I like cars with 100k plus miles if maintained.
 
Hello all

Just my 2 cents

I don't know what year you are looking at.

It depends because lots of short trips and stop and go traffic are way harder on a car then 8 or 10 hours of cross country at constant speed, that said a car with high mileage that has received proper maintenance and has not been driven to the failure point can be a real good buy.

I have been super happy with my e36 and it came with 144k. It's also almost as easy to work on as my 68 Deville the big difference is all the computer stuff and that's not really hard if you learn to search the Internet for DIY info, books, and testing procedures.

That's assuming you do your own work. I've put about 12k miles or so on my 1995 325i and spent less then $500 on parts and that's all been small stuff. I am not really into mods or racing so my car is basically stock and I do all my own work. If you don't work on yourself be prepared for high labor costs. It's also at least a 3rd car so I only work on it for fun.

Good luck, if you buy an e36 I'll be happy to share the little I know.

NoI4plz 01-07-2013 06:37 PM

This thread again :banghead:

These threads are pointless, but im bored.

1) Make your own informed decision:mad:

- Figure out common failures on the M3. Search the threads or just ask the question in a new thread
-Figure out the service history.
-Whats currently wrong with the car if anything.
-Get a PPI.

2) Understand this is a high performance vehicle.

-As such, its upkeep costs are higher than any other normal german vehicle (which already is high).

Since your in BKLN then I would see if the vehicle was run as a city vehicle mostly or a highway tourer (if city its probs has some suspension scars)

3) ENJOY!!!!!
- M3 if well kept is going to be amazing, and as the 'fest sponser coined, your gonna have the S.A.G syndrome. (SILLY ASS GRIN Synd). whenever you drive it.

Jusmuzic83 01-13-2013 08:24 PM

it's a 2001-2003 im looking at with up to 94k on it. i got a quote from my friend at a bmw dealer to do a full tune up and water pump and oil pump replacement engine seals and all for 2k

Jusmuzic83 01-13-2013 08:27 PM

thanks guys.... you all must understand im coming from the nissan world so..... i have a lot of questions to ask and learning to do

ditoedt325 01-14-2013 04:24 PM

Dealer service gets expensive
 
I could not afford my bimmer if I didn't work on it myself

lenardbjr 01-14-2013 04:29 PM

@ditoedt. I hear ya man i dont work on my own or atleast not yet. But i had to modify my budget and get a ext warranty. Now that i have a M3, i might be happy with a 335i no that i think about it. I prob will never "track" my car. Im a reserved driver. I dont street race like a mad man, when other cars rev their cars i just laugh. If i cant get you 0-60 then im good. But i should have test drove all the cars on my list like the M5, 335i, CTS-V, Camaro SS, Mustang GT, Nissan 350, Evo, STI, and even the Merc's AMG's. But its true when i jump in my M i cant stop smiling its like a kid in the candy store LOLOLOL.

m3e46freak 01-19-2013 08:39 PM

Quote:

Originally Posted by Jusmuzic83 (Post 7311326)
thanks guys.... you all must understand im coming from the nissan world so..... i have a lot of questions to ask and learning to do

BMWs are maintenance first and fun second...remember that.

Hermannator 01-20-2013 03:03 PM

Buy a WRECKED M3 or really cheap one.
 
Be brave! Just buy a wrecked M3 at Salvage like I did.

There is No Fear about screwing something up and I have learned more about the M3 in two weeks than I ever knew about my M Roadster because I was always afraid to work on it myself. NO MORE BABY.

I will be looking for input from this group as I bring the Phoenix from the ashes to the Track.



The Hermannator

http://www.bimmerfest.com/forums/pic...ictureid=32661

http://www.bimmerfest.com/forums/pic...ictureid=32657

Hermannator 01-20-2013 03:03 PM

sorry about the giant text

lenardbjr 01-20-2013 04:38 PM

@hermannator, i guess a positive is that you can get to the engine easier now right? lolol. But i thought u couldnt get a auto loan on a salvage car? I guess you would have to pay cash or maybe a personal loan. I hope she works out for u man.

Hermannator 01-21-2013 05:58 AM

Cash is King
 
[Yep, you either have to have cash or a credit card but the cost of wrecked cars at auction can be very reasonable. I bought this car for less than the cost of a used S54 engine. I could theoretically finish the work and have it certified to be street worthy again but my plans are for the track only.

http://www.bimmerfest.com/forums/pic...ictureid=32661

lenardbjr 01-21-2013 06:39 AM

I hear ya man.


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