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· Automotive Monomaniac
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Discussion Starter · #1 ·
I sold my 2001 330i last week.

Ordered in May of 2000, I drove it home on August 20th, 2000 (that was a long wait). The MSRP read $41,700 - it included SP, PP, HK, CD, and Xenon. I paid $40,000 for it.

I owned the Titanium/Tanin Red car for 578 days, and during that time I put 27,375 miles on her. With an average seat-time of over an hour a day (47+ miles), I was able to make some observations, and form some impressions.

First, my car was absolutely reliable. It started flawlessly at least 1,500 times. In never failed to run (or stop) when asked. Twice, in those nineteen months, the “Check Engine” light illuminated – both times for insignificant reasons. Those were the only dealer visits beyond the “Oil Service” at 14,504 miles. So, with that in mind, the car was at the dealer 3 out of 578 days, or .52% of the time. In comparison, my 1994 Acura Integra GS-R was at the dealership .85% of the time (and my 1998 328i was in the shop 1.28% of the time!).

Above the cost of lease payments, and fuel, the car cost me a total of $128.22 (two oil changes with Mobil 1, ATE Super Blue brake fluid, and tire installation – the tires themselves were free).

When the car had 4,862 miles on it, I installed RD Sway bars. At 12,835 miles, the Tri-Flo Exhaust was installed. The suspension required too much maintenance, and the exhaust was too loud. At 17,765 miles, the car was returned to stock (both the exhaust and sway bars were sold). Four new Sumitomo HTR-Z II tires went on at 18,491 miles.

I am a true automobile enthusiast. I really love to drive. I loved my 330i, but it didn’t fit the bill anymore. It was too nice to track, too expensive to commute in, and too quiet to aurally get my blood pumping. I realized what I needed was a “track/weekend” car, and a “commuter” car. For the money I was spending on the 330i, I could have both. The car was put up for sale late last year.

After several months on the market, I sold it last week for $32,000. It had 27,375 miles on it, and not a single scratch or door ding. It looked brand-new.

For now, I borrowed an old Acura Legend from the parents while I look for my new cars. The Legend (at 16-years-old) is slow, sloppy, and tired.

The blank space(s) in the garage will be filled soon. The “track/weekend” car will be a clean Porsche 911 Carrera (1984-1988). It has always been my dream car (I caught the “Porsche Bug” many years ago).

The “commuter” car will be either a Honda Accord or VW Passat. I haven’t made up my mind as of yet. It will have an automatic transmission (my first ever).

I will miss the 330i. It had the perfect blend of speed, comfort, size, and safety that is unmatched by any other car on the market… today.
 

· Now with Nano
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1,311 Posts
we're not too far off from each other.

I took delivery on august 6, 2001.

my car has almost exactly the same mileage yours does and I drive it about the same amount of time every day.

mine had an MSRP of $900 less but our cars are similarly equipped (CD, PP, SP, Xenon and heated seats). I paid cash versus leasing it, though. as did you, I got a discount off of MSRP one of the first 330's to hit our shores when most people weren't.

we both removed loud mufflers and as I recall it was only days appart. :yikes:

and silver was my second choice color and the closest (lightest) color next to alpine white.

but I ain't sellin' mine. :p
 

· Automotive Monomaniac
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12,663 Posts
Discussion Starter · #4 ·
31st330i said:


...but I ain't sellin' mine. :p
I don't blame you one bit. It was a wonderful car!
 

· Banned
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Not including tax, calculations come out that payment alone (8000/578)it cost you $13.84 per day while you owned the auto. I once calculated how much my boat cost me per operating hours, I sold the boat after 8 years of ownership! :eek:
 

· Registered
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595 Posts
sold it?????

was this precipitated by thet p-car bug, or something else in addition to that?

'am curious.

there should be therapy for people bitten by the p-car bug. you could be in an pre-1980 911, eating oil, crunching gears, and still have a silly grin on your face.
 

· Automotive Monomaniac
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12,663 Posts
Discussion Starter · #9 ·
I didn't want to do the math to determine how much it really cost me ($2500 down payment + $649 monthly payments + $1200 hit at time of sale (too many miles) = OUCH). No regrets, I loved every minute of it.

I will still be posting here, and I imagine I will be going to BimmerFest (in either my brother's E46, or parking my Porsche around the corner).

I sold the car because the move into the new home in November really got me thinking about finances. That, and the new three-car garage was begging for another vehicle. The $649 a month will split to $350 a month for the Porsche (buy), and $300 for a new Accord (lease).

No regrets... yet.
 

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good luck.

speed and cars: my father in law says (quoting someone else) that speed is the most expensive habit.

since cars typically do not appreciate in value, it's not a rational financial decision, anyway, so if you can afford it and/or break even with get the p-car, you're emotionally ahead.

oh wait, i'm thinking out loud again.............i have to justifty unloading a sprightly m coupe for the inbound 2002 996 C4S.

posts such as this one make me feel like less of a freak.
 

· Now with Nano
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1,311 Posts
a few years back, I thumbed through the blue book and discovered that porsches actually DO appreciate. the blue book also lists original MSRP. what I had found was that once a porsche was a few years old (like maybe 5?), its value would be more than original MSRP. granted I'm talking "high book" which most people never pay. but you see my point. this was at least 5-6 years ago and admittadly, I don't know if the same situation still exists. I should clarify that this was for a 911. the same was NOT true for the other models. I think the same can be said for harley davidson motorcycles.
 

· Automotive Monomaniac
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12,663 Posts
Discussion Starter · #13 ·
I am looking at 1984-1988 Porsche 911 Carreras. They have the air-cooled 3.2 flat six with 200-220 hp. 0-60 is between 5.6-6.1 with a top end near 150 mph. Not bad (actually, pretty close to the 330i).

Used, and clean, they are about $16,500 - $22,000 on the secondary market in Los Angeles. Most have between 70,000 - 140,000 miles.

I am planning on spending about $18,000 on a coupe (they also came in Targa and Cabriolet - both worth LESS on the secondary market). A search through old Kelly Blue Books shows that even if I sell it in five years, it will still be worth what I paid for it today (or more). That is comforting, but I am not buying it for the investment potential.

Compared to all other Porsche's (and most other cars), the 911 does hold it's value very well. In comparison, the 928's values crashed on the secondard market!
 

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Good luck with the Porshe hunting. It sounds like a good decision, so long as the insurance bill does not get too high.

Just a comment on this. Is this just me? Am I the only one here who plans to drive my car until parts become too expensive to replace?

I got this feeling that the more $$$ is spent on a Bimmer, the more critical the owner is and the less happy the ownership experience.

I was talking with my friend with the 97 E36M. He does not plan to buy another Bimmer because he thinks for the amount of money he spent, the car is not really that well made. I, on the other hand, have been quite happy with my 323i (both as a commute car and the occasional quick drive on the twisties).
IMHO, the E46 is a car with good road holding characteristics (i.e., excluding the light steering 2001 cars, which I personally drove and hated). It is not a sports car and it is not a boring non-descript Japanese car.

Like Emissions, I am also looking for a second car (but that would be in addition to the 323i). Unlike Emissions, I am going downmarket, like Mini Cooper S or a Miata.
 
G

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DaveN323i said:
Good luck with the Porshe hunting. It sounds like a good decision, so long as the insurance bill does not get too high.

Just a comment on this. Is this just me? Am I the only one here who plans to drive my car until parts become too expensive to replace?

I got this feeling that the more $$$ is spent on a Bimmer, the more critical the owner is and the less happy the ownership experience.

I was talking with my friend with the 97 E36M. He does not plan to buy another Bimmer because he thinks for the amount of money he spent, the car is not really that well made. I, on the other hand, have been quite happy with my 323i (both as a commute car and the occasional quick drive on the twisties).
IMHO, the E46 is a car with good road holding characteristics (i.e., excluding the 2001 cars). It is not a sports car and it is not a boring non-descript Japanese car.

Like Emissions, I am also looking for a second car (but that would be in addition to the 323i). Unlike Emissions, I am going downmarket, like Mini Cooper S or a Miata.
I plan on keeping my E36 M3 indefinitely, into the hundred of thousands of miles. Even though it has made a number of trips to the dealer in the 5 months I've had it (for things may here would ***** loudly about), IMO, the car is perfect. I did not buy it expecting Honda or TOyota levels of reliability. I bought it wanting the perfect driving machine that also has 4-doors and a usable trunk. And I got that. So I'm happy.

IMO, the people who complain about BMWs are the ones who were expeecting a Lexus. A perfectly reliable, comfortable status car. The enthusiasts are far more willingly put up with quality issues in the name of driving feel. (Ironically, I never had any quality-related problems with my E46 but I thought the driving feel was severely lacking.)
 

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residuals.

emission:

the aircooled 911s hold value really well. right now the 993s are in the spotlight. their engines are pretty bulletproof.

you should see how little the 3.4 litre 996s are worth now that the 996s come with 3.6litre variocam plus engines.

(whoooosh). that was the sound of a rock falling off a cliff.

i'll bet the 1999-2001 996s (3.4litre engines) will be the best bargain in the lineup in about 2 more years. people paid new $75 and now they sell for $55k. oh wait. that also resembles the M coupe......

ha ha ha.
 

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(both as a commute car and the occasional quick drive on the twisties).
IMHO, the E46 is a car with good road holding characteristics (i.e., excluding the 2001 cars).
:mad:

I have an 01 330ci with the retrofit and sways. I have also driven an 02 and 00. I can no longer tell the difference. Don't make a general statement that the 01's DON'T have good road holding characteristics. Follow me through some twisties and we will see!! :thumbdwn:
 

· Senior Slacker
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5,769 Posts
Better to do it now

Like Nate I am glad to see someone post that they loved their car. In my short four months and 1400 (yes only 1400) miles I have no complaints and find myself purposely taking longer drives.

As for a Porsche do it now while you are young(er) (I am assuming you are not an old man like me) because every time I am with a woman and a Porsche goes by and the driver has any grey they all say "mid life crisis". And I hope you are handy with tools, I know 2 people here who bought used 911's one a C4. Very very expensive to maintain although both are daily drivers.

If you have a choice, get the Passat IMO. It will be closer to what you had, a poor man's Audi. Good luck.
 

· A sudden sense of liberty
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3,959 Posts
Emission said:
I am looking at 1984-1988 Porsche 911 Carreras. They have the air-cooled 3.2 flat six with 200-220 hp. 0-60 is between 5.6-6.1 with a top end near 150 mph. Not bad (actually, pretty close to the 330i).

Used, and clean, they are about $16,500 - $22,000 on the secondary market in Los Angeles. Most have between 70,000 - 140,000 miles.

I am planning on spending about $18,000 on a coupe (they also came in Targa and Cabriolet - both worth LESS on the secondary market). A search through old Kelly Blue Books shows that even if I sell it in five years, it will still be worth what I paid for it today (or more). That is comforting, but I am not buying it for the investment potential.

Compared to all other Porsche's (and most other cars), the 911 does hold it's value very well. In comparison, the 928's values crashed on the secondard market!
I've always wanted a 911, and IMO the late 80s Carreras are the best of the breed. I gave some serious thought to getting a Targa and a GTI/WRX/etc. instead of the M3 in September. In the end, I decided that since I can only drive one car at a time, I'd rather have my commuting and sports car all wrapped into one. Now that I put 25 miles a day on the M, I'm rethinking this logic.

In any event, good luck with the Porsche.
 

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TD330ci said:


:mad:

I have an 01 330ci with the retrofit and sways. I have also driven an 02 and 00. I can no longer tell the difference. Don't make a general statement that the 01's DON'T have good road holding characteristics. Follow me through some twisties and we will see!! :thumbdwn:
Ok, I made an edit on my statement. Happier now? :D

Me follow you? I don't think so. Your 330 may have more horses. But it is moot in the Fairfax-Bolinas road.
 
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