Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 7 Series / 8 Series > 7 Series - E65 / E66 (2002 - 2008)

7 Series - E65 / E66 (2002 - 2008)
Discussion pertaining to the flagship BMW here.

Reply
 
Thread Tools Display Modes
  #1  
Old 01-02-2013, 02:37 AM
RichardH RichardH is offline
Registered User
Location: Atlanta, GA
 
Join Date: Jan 2013
Posts: 11
Mein Auto: looking at buying a 745li
2003 745Li 190k miles. Yes | No

Should I buy the 03 745li
Always loved the classic look and drive performance of the bmw. Im looking at buying an 03 745li with 189,000 miles on it for $7,000.

It drives perfectly, perhaps a tune up is in order, otherwise great.

Ive read about the malfunctions with the electronics. If I were buying it with less miles under warranty perhaps Id be alarmed. I was wondering if its worth buying?

Does the little electronic glitches cause the car not to run at all?

Will have a mechanic look at it, with hopes they wont attempt to buy it for themselves.

Should I take this chance to get a 7 series?
Reply With Quote
Ads by Google
  #2  
Old 01-02-2013, 05:26 AM
7Fif 7Fif is offline
Officially Welcomed to the 'Fest
Location: PA
 
Join Date: Feb 2012
Posts: 330
Mein Auto: 06 750li Sport
That's a lot of miles. I would say it depends on your financial situation.

If the 7k is just extra money you can risk and not a substantial part of your savings then definitely buy.

Its a lot of car for the money which also leads to a lot of money if things go bad.

Do you have a back up or daily car already?
Reply With Quote
  #3  
Old 01-02-2013, 05:34 AM
RichardH RichardH is offline
Registered User
Location: Atlanta, GA
 
Join Date: Jan 2013
Posts: 11
Mein Auto: looking at buying a 745li
Certainly not just extra money lying around. lol It is about a month's worth of savings for a new car. I have a small knock around car, but was saving for something nice on the road. Since this one was nearby and looks good, I considered it.

Plunking down $7k is a lot, I just dont want to make a mistake, but also dont want to pass on a possible good deal.
Reply With Quote
  #4  
Old 01-02-2013, 05:35 AM
RichardH RichardH is offline
Registered User
Location: Atlanta, GA
 
Join Date: Jan 2013
Posts: 11
Mein Auto: looking at buying a 745li
Certainly not just extra money lying around. lol It is about a month's worth of savings for a new car. I have a small knock around car, but was saving for something nice on the road. Since this one was nearby and looks good, I considered it.

Plunking down $7k is a lot, I just dont want to make a mistake, but also dont want to pass on a possible good deal.
Reply With Quote
  #5  
Old 01-02-2013, 06:16 AM
1bad540's Avatar
1bad540 1bad540 is offline
Officially Welcomed to the 'Fest
Location: newyork
 
Join Date: Jan 2006
Posts: 9,344
Mein Auto: E65 750i Sport,C5 z51 e46
190k I would say no.
__________________
[SIGPIC]
e39 540i sport, acs type 2's chrome, acs spler pdls,Euroclrs
e65 745i aw sport,21's aib's acspedals& rf splr(sold)
e46 328i Prem Aw18" 335spt whls(sold)
c5 Corvette 6sp,z51,2"drp,19"ccw'sshrt shft,corsa exh,dd nav
e53 X5 3.0, pana rf,nav,xenon,cldweather, premium.ipod hookup, 20"4.6rims staggered 315rrs.
e65 750I aw, sport. chrome21's,acs pdls,acs rfsplr,mtecs,8k hid fogs,Leds.oem ipod&sirius
Srt10 VIPER, 19-20" rennen forgedwheels,tune,exhaust,intake.
Reply With Quote
  #6  
Old 01-02-2013, 06:33 AM
RichardH RichardH is offline
Registered User
Location: Atlanta, GA
 
Join Date: Jan 2013
Posts: 11
Mein Auto: looking at buying a 745li
Any particular reason for the no?
Reply With Quote
  #7  
Old 01-02-2013, 06:55 AM
watchurself watchurself is offline
George
Location: NYC USA
 
Join Date: Jul 2012
Posts: 71
Mein Auto: 2002 bmw 4.4i x5 sprts pg
I bought a 2002 4.4i X5 for $6k (from my in law) mine had 166K miles on it - runs great IMO a good investment

i would say if you are handy or lucky go for it - it might not need repairs anytime soon

BMW's maintanence is no joke - repair costs at a dealer or indy can be a real PITA $$$

if you are handy (DIYer) with cars you can do alot of the work yourself - than you're ok

otherwise it may get expensive if you need repairs etc
__________________
GEORGE
"EVERY FORM OF REFUGE HAS IT'S PRICE"

2002 4.4i BMW X5 - 166K Topaz Blue Ext/ Tan/Beige Leather Int


1994 Nissan Pathfinder SE 132K Black Ext / Grey Leather Int
Reply With Quote
  #8  
Old 01-02-2013, 06:57 AM
watchurself watchurself is offline
George
Location: NYC USA
 
Join Date: Jul 2012
Posts: 71
Mein Auto: 2002 bmw 4.4i x5 sprts pg
I would say if you are looking specifically for a BMW $7K may not be a bad deal - if you are just looking for a nicer / better ride

you could do better with your $7K on other cars

JMHO
__________________
GEORGE
"EVERY FORM OF REFUGE HAS IT'S PRICE"

2002 4.4i BMW X5 - 166K Topaz Blue Ext/ Tan/Beige Leather Int


1994 Nissan Pathfinder SE 132K Black Ext / Grey Leather Int
Reply With Quote
  #9  
Old 01-02-2013, 06:22 PM
wjjklj's Avatar
wjjklj wjjklj is offline
Officially Welcomed to the 'Fest
Location: Louisville, Kentucky USA
 
Join Date: Dec 2008
Posts: 1,558
Mein Auto: 2009 750i
Way too many miles. 02 and 03 most troubled models. Unless you have plenty of cash and know how for repairs I would say pass on this.
__________________
Reply With Quote
  #10  
Old 01-04-2013, 11:28 AM
MOPAULY's Avatar
MOPAULY MOPAULY is offline
Officially Welcomed to the 'Fest
Location: Spring Mount, PA
 
Join Date: Sep 2010
Posts: 1,598
Mein Auto: Many things
hmm...I'll say it as low key as I can...

ARE YOU OUT OF YOUR DAMN MIND
__________________
Reply With Quote
  #11  
Old 01-04-2013, 12:41 PM
First_745Li's Avatar
First_745Li First_745Li is offline
Officially Welcomed to the 'Fest
Location: South FL
 
Join Date: Jun 2012
Posts: 1,947
Mein Auto: '03 745Li
__________________


'11 328i
'07 Audi A8 (w/ 20,000 miles)
'03 745Li (sold)
'03 Acura TL-S
'02 Infiniti QX4 (sold & new owner totaled it 4 hours later)
Reply With Quote
  #12  
Old 01-04-2013, 12:49 PM
cmpcpro cmpcpro is offline
Officially Welcomed to the 'Fest
Location: SoCal
 
Join Date: Oct 2012
Posts: 801
Mein Auto: Nothing
I think these people are panicers.. For 7k, if it's a nice car go for it. If it's not nice, looks beat, then either try for cheaper or pass.. At that many miles, that car has probably had alot of work done on it, and there is a good chance many of the harder problems have been solved recently.. I would check for oil leaks, inspect the motor, see what looks new, if you can, and go from there.. $7k for an 03 is pretty good.. if it's a clean car, the miles could actually mean less repairs for you..
Reply With Quote
  #13  
Old 01-04-2013, 01:25 PM
RichardH RichardH is offline
Registered User
Location: Atlanta, GA
 
Join Date: Jan 2013
Posts: 11
Mein Auto: looking at buying a 745li
MoPaully

I think you accidentally turned the caps lock on.
Reply With Quote
  #14  
Old 01-04-2013, 01:27 PM
watchurself watchurself is offline
George
Location: NYC USA
 
Join Date: Jul 2012
Posts: 71
Mein Auto: 2002 bmw 4.4i x5 sprts pg


Quote:
Originally Posted by RichardH View Post
MoPaully

I think you accidentally turned the caps lock on.
__________________
GEORGE
"EVERY FORM OF REFUGE HAS IT'S PRICE"

2002 4.4i BMW X5 - 166K Topaz Blue Ext/ Tan/Beige Leather Int


1994 Nissan Pathfinder SE 132K Black Ext / Grey Leather Int
Reply With Quote
  #15  
Old 01-04-2013, 08:41 PM
Jerry 745Li Jerry 745Li is offline
Officially Welcomed to the 'Fest
Location: Limerick, PA
 
Join Date: Jun 2007
Posts: 408
Mein Auto: 03' 745Li
Get it checked out first

I have an 03 with 172K miles on it. Here are things you will want to check before you buy:

Look for any coolant leaks, if you read these forums you will see many posts about the dreaded weep hole problems. To look for any leaks you will need to remove the plastic covers above and below the engine or better yet, have an independent mechanic look at it.

Look for oil leaks. At that mileage you WILL have leaks. Common problem areas are valve cover gaskets, alternator bracket gasket, and vacuum pump gasket. Make sure there is no blue or white smoke coming form the exhaust.

Transmission leaks can occur at the sleeve, had mine replaced.

Less important things to check are to make sure the radio and NAV work. Make sure there is no distortion in the bass or speakers that are not operational.

Check the condition of the headlights. They haze over time and will cause your car to fail inspection, at least in my state they did. I had to have them sanded and buffed.

Check the condition of the tires. Look for abnormal wear on any or all of them indicating a suspension problem.

Make sure you have a full size spare in the trunk on a real matching rim.

Try to get 2 sets of keys, check for an owners manual. If there is no manual it is available on-line.

Here's the way to look at it. Brand new mine had a sticker of 86K, I bought it at 3 years old for 40K and you can pick one up at about 10 years old for 7K. If it looks good I'd say go for it.
However, make sure you have about 2K on hand for any unexpected problems that may arise.

That's about all I can think of for now.

Jerry
__________________

I don't have all the answers, but I can do one helluva Google search!
Reply With Quote
  #16  
Old 01-04-2013, 09:14 PM
RichardH RichardH is offline
Registered User
Location: Atlanta, GA
 
Join Date: Jan 2013
Posts: 11
Mein Auto: looking at buying a 745li
Jerry 745 li

This is probably one of the most helpful responses to date. I havent yet had a chance to get to a mechanic, but the weep hole Ive heard a lot about. Was quite nervous about that.

It does look amazing. Yes.

No smoke or anything at the present moment.

So far the NAV and radio works pretty good. If I can get to a mechanic by Monday and he says, OK, its a done deal.

At 10 years old, with a body style that appears current and no mechanical concerns, I think its a good deal. I have certainly been reading the forums to see what issues to look for.

Hell, I bought a 95 Acclaim and it stayed in the shop! So worst comes I could sell it in a year for $4k or so and get something else.

Thanks for timeless and timely information.

Last edited by RichardH; 01-07-2013 at 05:53 PM.
Reply With Quote
  #17  
Old 01-07-2013, 12:22 AM
sirstopher's Avatar
sirstopher sirstopher is offline
bimmerfest Supporting Member
Location: Ok.
 
Join Date: Aug 2011
Posts: 1,101
Mein Auto: POS Honda
Have your check book ready, no 7 with that mileage is any kind of peach.

Even if you have someone look at the car it can break tomorrow. I would save your money as Myself spent 6k in repairs last year alone.

Just trying to be honest.
__________________
97 740i e38 - SOLD
02 745i e65
03 Montero Limited

Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 7 Series / 8 Series > 7 Series - E65 / E66 (2002 - 2008)
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 03:47 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms