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  #1  
Old 02-04-2010, 08:54 PM
cdm5goby cdm5goby is offline
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Location: Southern California
 
Join Date: Jan 2009
Posts: 14
Mein Auto: BMW X3 3.0i
E38 with 175,000 miles

Is it ludicrous to buy an E38 with 175k on the clock? Everything works and the cooling system seems to be new. It also has a recently installed rebuilt transmission. It looks really good too. The seller is asking $3800. Is this just a bad idea? I have had E39s with that many miles and never really had any issues. Any input would be appreciated!
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  #2  
Old 02-04-2010, 09:14 PM
malexander1050 malexander1050 is offline
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Location: Pennsylvania
 
Join Date: Jan 2010
Posts: 8
Mein Auto: 2001 BMW740i
What year is it.....Does the current owner have repair / service records......

Some things to check:
Valve Cover gasket leaking
Valley Pan Leaking...if so, did they replace the manifold gaskets when it was replaced
Loosing pixel display in temperature, mileage display.
Catalytic converters failing
Power steering hoses leaking
Oil pump bolts backing out, generally pre 99 years
Radiator failures. Plastic neck breaking, all years
A/C stepper motors failing.
Original Water pumps with plastic impellers failing
Coolant thermostat failing
Sunroof wind noise
A/C drain lines need re-routing to stop gurgling sound
  #3  
Old 02-05-2010, 05:20 AM
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rrtec rrtec is offline
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Location: TN 37174
 
Join Date: Sep 2008
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Mein Auto: 540i/6 4/99
I have seen them for sale with 292k miles.... Obviously they are going to be prone to mechanical/cosmetic failures at higher mileage, but the cars in general seem to be cabable of high miles without the need for total rebuilds.
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2001 740il Sport- Needs maintenance.. Parts ordered..
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  #4  
Old 02-05-2010, 02:56 PM
cdm5goby cdm5goby is offline
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Location: Southern California
 
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Posts: 14
Mein Auto: BMW X3 3.0i
The car I was looking at is a 1997 740il. It is a southern California car. It has a few service records up to 110k but nothing after that. It has only had 2 provious owners and the second had it as a CPO. The radiator, thermostat, hoses, and expansion tank were replaced. It also has a rebuilt transmission installed by an independant BMW repair shop a year ago witht he records for it. I have been a BMW saleperson for the past 10 years and have heard horror stories about the expense of the V8 cars especially 7-series, but I am also fairly handy and can do many things myself. So my real question is are the repairs that I may encounter things that a dealer would have to do, or can a a DIYer attack these issues? I can do many things short of rebuilding a tranny. Thanks again for everyone's advice.
  #5  
Old 02-05-2010, 04:20 PM
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Payback Payback is offline
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Location: Sykesville, MD
 
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Mein Auto: 97' 740iL
If the car appears to be in good shape and mechanically sound, Go for it! I have a 97 740i with 161,000 miles and it runs just fine. I am a DIY'er and I dont have a problem doing work on my car. And if I was to sell my car today, I would be asking for more than $3800.
  #6  
Old 02-05-2010, 04:52 PM
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rrtec rrtec is offline
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Location: TN 37174
 
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Mein Auto: 540i/6 4/99
If you sold BMW's for 10 years I would be pretty confident that you are well aware of the basic costs, common failures ect...
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2001 740il Sport- Needs maintenance.. Parts ordered..
2006 Volvo XC90- Kid Hauler
FC3S LS1/6Speed
1992 BMW K75s Cafe build
  #7  
Old 02-05-2010, 08:11 PM
malexander1050 malexander1050 is offline
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Location: Pennsylvania
 
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Mein Auto: 2001 BMW740i
Sounds like you should go for it...
  #8  
Old 02-05-2010, 08:17 PM
TxGr8White TxGr8White is offline
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Location: Dallas
 
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Posts: 132
Mein Auto: BMW 850Ci
175,000 miles? - It is barely broken in...
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  #9  
Old 02-05-2010, 10:35 PM
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CodyItaliano CodyItaliano is offline
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Location: Corpus Christi, TX
 
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Posts: 628
Mein Auto: 2001 740i
You might have to put some parts in it but I think for that price it is worth it. Most of the parts for this car are fairly cheap and it's somewhat easy to work on when you do need something replaced. I'd say look it over thoughly before you decide on it. I've had mine for about year and it's been easy to maintain.
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*Der E38*
manufactured: 7/01
color: anthrecite metallic
wheels: style 89 E66, 19X9F 19X10R
ext. lighting: 8000k D2S & LED plate light
*want to get sport rear diff*
  #10  
Old 02-07-2010, 07:20 PM
cdm5goby cdm5goby is offline
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Location: Southern California
 
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Posts: 14
Mein Auto: BMW X3 3.0i
Well today I bought a 1995 with 131k on it. The radiator had been replaced at 60k mi intervals (receipts present on this one) and currently has a Behr rad. mfd on 12/06 and the transmission shifted really well. In 12/2000 it had a leakdown test with results at 9% so I think I found a good one. It's gonna need a few things but nothing major. I want to thank everyone who replied to my question! I really appreciate it!
  #11  
Old 02-07-2010, 09:05 PM
malexander1050 malexander1050 is offline
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Location: Pennsylvania
 
Join Date: Jan 2010
Posts: 8
Mein Auto: 2001 BMW740i
Congrats...and welcome....
  #12  
Old 02-08-2010, 08:32 PM
cdm5goby cdm5goby is offline
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Location: Southern California
 
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Mein Auto: BMW X3 3.0i
Thanks!
  #13  
Old 03-02-2010, 02:44 AM
bmwtime740 bmwtime740 is offline
Owned A Good V8 In My Day
Location: Kentucky
 
Join Date: May 2009
Posts: 83
Mein Auto: E Thirty Eight
Quote:
Originally Posted by Payback View Post
If the car appears to be in good shape and mechanically sound, Go for it! I have a 97 740i with 161,000 miles and it runs just fine. I am a DIY'er and I dont have a problem doing work on my car. And if I was to sell my car today, I would be asking for more than $3800.
me too. more like 10,000.
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  #14  
Old 03-02-2010, 02:48 AM
CodyItaliano's Avatar
CodyItaliano CodyItaliano is offline
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Location: Corpus Christi, TX
 
Join Date: Feb 2009
Posts: 628
Mein Auto: 2001 740i
lets see some pictures!
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*Der E38*
manufactured: 7/01
color: anthrecite metallic
wheels: style 89 E66, 19X9F 19X10R
ext. lighting: 8000k D2S & LED plate light
*want to get sport rear diff*
  #15  
Old 03-13-2010, 06:12 PM
740icraze 740icraze is offline
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Location: downey
 
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Posts: 19
Mein Auto: 97 740i
Quote:
Originally Posted by CodyItaliano View Post
lets see some pictures!
dat would be nice
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