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E90/E91/E92/E93 (2006 - 2013)
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  #1  
Old 10-31-2013, 12:36 PM
Jumpman247 Jumpman247 is offline
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USED BMW: How many miles is too much?

I'm in the market for a 335i with a budget of 16000 cash, I do not want to finance. There are quite a few cars on the market but the majority of them have 85k plus miles or salvage titles.

My question is, how many miles is too much? I do plan on having the vehicle inspected at a BMW dealership and I do plan on purchasing an extended warranty.

The vehicle will be used for communting to work and drill.

Thanks !
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  #2  
Old 10-31-2013, 12:43 PM
surfcity335i surfcity335i is offline
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50,001 unless you have a comprehensive extended service plan with it.
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Old 10-31-2013, 12:51 PM
Jumpman247 Jumpman247 is offline
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Quote:
Originally Posted by surfcity335i View Post
50,001 unless you have a comprehensive extended service plan with it.
I was going to get one through USAA, I'm thinking maybe I shouldn't get a BMW right now if 50,000 is the median.
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  #4  
Old 10-31-2013, 12:57 PM
surfcity335i surfcity335i is offline
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Quote:
Originally Posted by Jumpman247 View Post
I was going to get one through USAA, I'm thinking maybe I shouldn't get a BMW right now if 50,000 is the median.
I may be exaggerating a bit, but there's no escaping the fact that these cars are super expensive to fix. When a headlight failure sets you back $1800, you gotta be a little scared.

The reality is that BMWs also deliver a driving experience that, fortunately for BMW, cannot be had in a Japanese or domestic competitor. If they could, BMW and probably MB would be out of business given their glitch-laden engineering and production. So, if you are the person who appreciates the finer aspects of an automobile, you are almost stuck going German or being dissatisfied with your ride. With German comes less reliability and high repair costs in the event of a failure.

I know that's the case with me. I put up with the crap that comes with these cars because the benefits outweigh it. But I'll be damned if I'm paying for an $8,000 transmission or an $1800 headlight.

Last edited by surfcity335i; 10-31-2013 at 01:00 PM.
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  #5  
Old 10-31-2013, 01:04 PM
Jumpman247 Jumpman247 is offline
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Quote:
Originally Posted by surfcity335i View Post
I may be exaggerating a bit, but there's no escaping the fact that these cars are super expensive to fix. When a headlight failure sets you back $1800, you gotta be a little scared.

The reality is that BMWs also deliver a driving experience that, fortunately for BMW, cannot be had in a Japanese or domestic competitor. If they could, BMW and probably MB would be out of business given their glitch-laden engineering and production. So, if you are the person who appreciates the finer aspects of an automobile, you are almost stuck going German or being dissatisfied with your ride. With German comes less reliability and high repair costs in the event of a failure.

I know that's the case with me. I put up with the crap that comes with these cars because the benefits outweigh it. But I'll be damned if I'm paying for an $8,000 transmission or an $1800 headlight.
Hey I appreciate your honesty, I know that replacing parts on these cars can be costly that's why I was planning on getting the warranty. For now my best bet may be to wait until I have about 20k saved and then see what I can find with fewer miles.
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  #6  
Old 10-31-2013, 01:11 PM
surfcity335i surfcity335i is offline
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Originally Posted by Jumpman247 View Post
Hey I appreciate your honesty, I know that replacing parts on these cars can be costly that's why I was planning on getting the warranty. For now my best bet may be to wait until I have about 20k saved and then see what I can find with fewer miles.
The lower the miles the better most times. And spend $100 to get it checked out by a knowledgeable tech before you buy it. Trust me on that.
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  #7  
Old 10-31-2013, 02:13 PM
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Zooks527 Zooks527 is offline
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Quote:
Originally Posted by Jumpman247 View Post
I was going to get one through USAA, I'm thinking maybe I shouldn't get a BMW right now if 50,000 is the median.
50,000 isn't the median for anything. It's just the point where the factory warranty expires, which triggers many folks' "Don't own a BMW without a warranty" rule.

End of the day, it all depends on how the car you're thinking of buying has been treated and cared for. Mine's at 104,000 and hasn't had any sort of warranty coverage since 50,001 (to name a point )

From my perspective, there are 3 things to do:
  • Find a car in good shape where you can see the maintenance and repair record.
  • Have it evaluated by a competent independent BMW specialist.
  • Avoid anything with a salvage title.

I don't do extended warranties on cars. Odds on, you'll put more money into an extended warranty purchase than you'll get out of it in repairs, regardless of who is selling it. Nobody's selling them so that they can lose money on the deal.
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Last edited by Zooks527; 10-31-2013 at 02:16 PM.
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  #8  
Old 10-31-2013, 02:19 PM
hondo402000 hondo402000 is offline
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Quote:
Originally Posted by Jumpman247 View Post
Hey I appreciate your honesty, I know that replacing parts on these cars can be costly that's why I was planning on getting the warranty. For now my best bet may be to wait until I have about 20k saved and then see what I can find with fewer miles.
Either way you better get an extended warranty. My EW just paid out 1100 on the ABS module. So now the out lay of money for the EW has me breaking even. Any other major repairs and i will be in the plus side
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  #9  
Old 10-31-2013, 02:23 PM
hondo402000 hondo402000 is offline
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Quote:
Originally Posted by Zooks527 View Post
50,000 isn't the median for anything. It's just the point where the factory warranty expires, which triggers many folks' "Don't own a BMW without a warranty" rule.

End of the day, it all depends on how the car you're thinking of buying has been treated and cared for. Mine's at 104,000 and hasn't had any sort of warranty coverage since 50,001 (to name a point )

From my perspective, there are 3 things to do:
  • Find a car in good shape where you can see the maintenance and repair record.
  • Have it evaluated by a competent independent BMW specialist.
  • Avoid anything with a salvage title.

I don't do extended warranties on cars. Odds on, you'll put more money into an extended warranty purchase than you'll get out of it in repairs, regardless of who is selling it. Nobody's selling them so that they can lose money on the deal.
That incorrect. Some do pay out more than they take in. But the averages are in the warranty companys favor. Remember they insure cars that dont break down as much as BMW too. Its akin to obama care. Except its not manditory yet!
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  #10  
Old 10-31-2013, 02:50 PM
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Bob Shiftright Bob Shiftright is offline
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Quote:
Originally Posted by Zooks527 View Post

I don't do extended warranties on cars. Odds on, you'll put more money into an extended warranty purchase than you'll get out of it in repairs, regardless of who is selling it. Nobody's selling them so that they can lose money on the deal.
I don't think that BMW pays its BMW dealers the same for parts and labor on warranty repairs as you or I will pay a BMW dealer walking in off the street. It's actually possible for all parties to come out ahead on this. I consider my BMW extended warranty to be a combination of a Costco discount card for BMW parts and service and a throw-the-dice insurance policy.

The only car I've owned that the extended warranty was a definite waste of money was my daughter's Honda Accord -- and being a Honda Accord, the extended warranty was fairly cheap.
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  #11  
Old 10-31-2013, 05:17 PM
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The more of these threads I read, the more I'm convinced that extended warranties are another tax on people who are bad at math.
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  #12  
Old 10-31-2013, 05:37 PM
Jumpman247 Jumpman247 is offline
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The way I see it, if I'm paying the car off the warranty is just peace of mine. 30 dollars a month for a warranty is less than what I pay for cable.
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Old 10-31-2013, 05:39 PM
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  #14  
Old 10-31-2013, 05:46 PM
Jumpman247 Jumpman247 is offline
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CPO for 85k plus? How?
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  #15  
Old 10-31-2013, 06:00 PM
surfcity335i surfcity335i is offline
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Quote:
Originally Posted by Zooks527 View Post
The more of these threads I read, the more I'm convinced that extended warranties are another tax on people who are bad at math.
Such is true for any insurance policy.
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  #16  
Old 10-31-2013, 06:13 PM
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E90 > 50,000

E46 > 80,000
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  #17  
Old 10-31-2013, 06:31 PM
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Quote:
Originally Posted by Jumpman247 View Post
CPO for 85k plus? How?
The CPO warranty is "is fully transferable from the original Certified Pre-Owned BMW purchaser or lessee to subsequent owner(s) or lessee(s)" http://www.bmwusa.com/Standard/Conte...nty/Terms.aspx

Since much of my car seems to have been tossed together during Oktoberfest, I'm optimistic (pessimistic?) that I'll get my extended warranty cost back, plus.
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  #18  
Old 10-31-2013, 08:44 PM
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Bemo Bemo is offline
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Originally Posted by Zooks527 View Post
The more of these threads I read, the more I'm convinced that extended warranties are another tax on people who are bad at math.
Good one, Zooks!

The quotes posted in this thread are BWM official list prices. I was quoted $7K for a transmission replacement, too, when I inquired out of curiosity. Most dealerships have 15-20% discounts on parts and service and, ultimately, the best approach is to get an indy if reasoning with the dealer fails.

I would be mindful but not necessarily afraid of the costs associated with maintenance. As DSX would say, budget around $1000 annually, and you'd be a happy owner. You'd be surprised how well that number holds! But then again, we are talking DSX, so I should not be surprised!
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  #19  
Old 11-01-2013, 06:16 AM
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I'm actually quite glad so many people are afraid of BMW's after the 50K miles mark. It just means way more pre-owned inventory to choose from with the depreciation hit going to someone else. Zooks had it right in post #7. My '06 330i is at 148K+ miles with not too many issues. The biggest bill so far has been proactive replacement of the water pump and thermostat. Car runs well and my fingers are crossed.
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  #20  
Old 11-01-2013, 07:18 AM
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Re: USED BMW: How many miles is too much?

Mine's an 11/08 build, no issues except for TSB repair (warranty) and its got 46000 miles.

Either way, I love it and will only sell it once a suitable replacement is on hand.

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Old 11-01-2013, 07:44 AM
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fun2drive fun2drive is offline
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BMWs have never been cheap to maintain and that has not changed since they started building them. It is the German philosophy vs the Asian and American philosophy. Complexity has greatly increased in BMWs over the last two generations making the repairs more expensive. However if you own a modern Asian or American car and have a similar repair the costs are not that much greater for a compariable repair.
Extended warranty should be purchased if you cannot stand the out of pocket expenses.

Here is an example for the OP.
Take Hondo's ABS repair which cost 1280 bucks and his extended warranty covered it. I had the same issue and repaired it myself for 940 bucks. The difference is that if I had purchased the extended warranty it would not have covered my repair since my extended warranty would have expired.
This repair is typically 1700 from the dealership.

Consider that extended warranties are sold because the sellers make money on them.

The above repair is the only repair I have incurred since I picked my car up from Munich Apr 2007.

Hope this example gives you some data to help make a decision.
I have had great luck with all my BMWs and have had a lot fewer repairs in my ownership than what my American and Asian cars have.
The choice is yours...
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  #22  
Old 11-01-2013, 08:41 AM
chris335conv chris335conv is offline
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Used 335i - How many miles is too much

Some thoughts:

I've owned 6 BMW's in my lifetime. I usually take them well over 100K and maintain them feverishly. In the last 10 years, the cars have gotten more complex.....that said, there's still no reason miles (within limits) should be your main indicator.

There is NO substitute for knowing a cars history. I've seen 40K cars in much worse shape than 80k cars.

Spend the 100-200 dollars to have a dealership check it out! This is invaluable!

BMW's are generally expensive to repair. So, if you are out of warranty get to know 1 or 2Independent shops. You can save up to 40% on most repairs and these guys eat, sleep, and drink BMW's in many cases.

As for the 335i, I would save a bit more money and get something in really great shape, with a verifiable history, as the model tends to attract "sport" drivers etc.

BMW has finally recognized the fault points associated with the 335i (N54's), being the HPFP's and Turbo/Waste gates, and has extended the warranties accordingly.

As for extended warranties, it's a gamble. I've never bought one and never will.
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  #23  
Old 11-01-2013, 08:53 AM
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need4speed need4speed is offline
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Quote:
Originally Posted by hondo402000 View Post
Either way you better get an extended warranty. My EW just paid out 1100 on the ABS module. So now the out lay of money for the EW has me breaking even. Any other major repairs and i will be in the plus side
Low miles or an extended warranty. These cars are just too expensive to fix if you are trying to own one on a shoe string. IMHO that is asking for some serious financial issues. N4S
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  #24  
Old 11-01-2013, 09:30 AM
bdecker bdecker is offline
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Quote:
Originally Posted by Zooks527 View Post
The more of these threads I read, the more I'm convinced that extended warranties are another tax on people who are bad at math.
I've bought 6 brand new cars so far in my life and run them all beyond the factory warranty, most beyond 100k, and 5 of them absolutely support this statement. The one where I "lost" was painful, but I'm still better than even.

My e46 330xi was a huge winner btw- I think I had $400 in repairs from 50-120k. Things got a little hairy at 120...
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  #25  
Old 11-01-2013, 09:57 AM
Al Bundy Al Bundy is online now
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With $16k to spend, you could use that money to cover the payments of a 36 month lease. That way you get a new car, fully covered by warranty, and peace of mind without spending more than your budget.
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