Thread: BUY 2007 530xi
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  #6  
Old 11-12-2012, 03:14 PM
Ralph III Ralph III is offline
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Location: Alabama
 
Join Date: Mar 2010
Posts: 136
Mein Auto: 2007 530xi
Quote:
Originally Posted by kupid View Post
Thanks for the advice, however the person I am buy it from is my brother in law and He bought it used from a dealer in march. So should I run the vin and also get it inspected. Also I am trying to get an estimate of my annual maintenance cost.
We purchased a 2007 530xi (meticulous and loaded) for $28,000.00 a few years back. Great car btw.

1) First, search AutoTrader.com to compare prices and see what's available. It took me almost a month to find ours(wife's specs) but did so in this fashion. Anyhow, I quickly found 157 listing for you with numerous of those at your price point but cars under 70k miles. You'll have to read the details and consider who is selling it. Irrespective, do the following....

2) Inquire for a Carfax to get the cars history. A dealership should do it for free as they pay for a subscription and not per inquiry. If they don't provide that service, stop by any willing dealership and ask if they will print one out for you. They just need the VIN number.

3) Call BMW USA with the VIN number and find out which dealership originally sold the car. From there, you can usually trace down the maintenance history. BMW will maintain the car to 50,000mi at no charge, so most likely the previous owner would have taken advantage of that until then. Hopefully, that only leaves you with the 40k miles to consider. Note: You'll have to call each dealership individually for that.

4) Tell your local BMW dealership you're interested in buying the car and have them inspect it. They might perform some of the above for you.

5) If you're able to maintain the car yourself, it really isn't any more expensive than most other cars. Oil changes are quite easy and really the greatest yearly maintenance cost. Depending on your driving habits, you'll really only need to consider brake pads and possibly changing out the cabin microfilter, each year.

You are however at the point of needing to change the spark plugs, brake fluid and a few other things, given it's at 90k miles. Tires would be your only other major consideration in regards to maintenance.

Whatever you do, check the car out with a fine tooth comb. Then drive it and test every aspect including gears, etc, etc, etc.

6) When considering any used car; a) mentally allow yourself a certain $$ each year or every other year, for unforseen and major repair costs, such as $1,500.00. If you never incur such an unforseen cost or go years without such, then you'll feel good about your purchase. Otherwise, b) buy a used car warranty but only one that comes highly recommended. Many of those are nothing more than scams.....

Good luck,
Ralph

Last edited by Ralph III; 11-12-2012 at 03:44 PM.
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