Anyone own a BMW? I need your opinion.

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  • JBC77
    SBR MVP
    • 03-23-07
    • 3816

    #1
    Anyone own a BMW? I need your opinion.
    Would it be foolish to splurge $22K cash on a 2002 Alpine white M3 with tan leather interior. I really like the car. Test drove it. Looks great.

    I want a nice ride. Also test drove a 2004 Mustang GT and a 98 Mustang 5.0 with a supercharger. Drove a few Audi's too and some other sh1t.
    Anyone have an M3 that can get me off the fence.......it's more than I wanted to spend but I feel like splurging.
  • JBC77
    SBR MVP
    • 03-23-07
    • 3816

    #2
    It's got 62K miles on it.
    Comment
    • Stacocakes
      SBR Hall of Famer
      • 04-10-08
      • 7126

      #3
      If you like the car, I suggest you buy it. It's a BMW so you know you are getting a great quality car
      I had a 2006 BMW that I got brand new and drove for a couple years but I ended up selling it. One of the biggest mistakes I have ever made.They are great cars
      Comment
      • daggerkobe
        SBR Posting Legend
        • 03-25-08
        • 10744

        #4
        B ig
        M oney
        W asted
        Comment
        • JBC77
          SBR MVP
          • 03-23-07
          • 3816

          #5
          Originally posted by daggerkobe
          B ig
          M oney
          W asted
          Theres a little part of me that thinks that. On the other hand I don't really want another Jap car. There so plasticky....cheap feeling, used especially. What are you rolling in kobe? Don't really like the Benz.

          I don't know. If you guys had $20 - $25K to spend on a ride.....what would you get?
          Comment
          • purecarnagge
            SBR MVP
            • 10-05-07
            • 4843

            #6
            Personally, I'm well off for the average 25 year old guy. But I don't spend more than 10k on cars. I mean you can find most anything you want for around 10k. Miles isn't exactly a bad thing anymore. Just make sure you know how to drive a clutch. Call it cheap you just have to be willing to look.

            I mean I had a friend of mine buy a mid 45,000 lexus for 32,000 because he found the right seller.

            BMW are nice, but I don't think they are 22k nice, they will be worth 14k in 2 years.
            Comment
            • daggerkobe
              SBR Posting Legend
              • 03-25-08
              • 10744

              #7
              I only buy Japanese cars so you probably won't like my suggestions.

              But for $25k, I'd go with:


              Comment
              • frostno98
                SBR Hall of Famer
                • 09-11-07
                • 9769

                #8
                Nice car to have as long as you don't run into mechanical or maintenance problems. Yes Bimmers do breakdown, more often than Japanese cars, and are a pain to fix yourself if you want to save money.

                But the M3 is a great car to have and probably worth the headaches.
                Comment
                • fiveteamer
                  SBR Posting Legend
                  • 04-14-08
                  • 10805

                  #9
                  buy a ****kin bike.
                  Comment
                  • bmw530i
                    Restricted User
                    • 04-19-08
                    • 4058

                    #10
                    Big Money Wasted lol.....there is a site that has all Beamer owners the good and the bad with all the models. Bimmerfest.com....I have a 2004 Bmw 530i with 84k on it and know 2 people with 5 series with 180k and 140k on the ticker, you have to know aIndependent mechanic with these cars, never I mean never take it to the dealer for servicing. but for 20-25k M5's are a sick ride.. nice coupe. Everyone is different I grew up around the car business and always saw people own nice cars with higher mielage 50k or more if they check out right, and you have Indy mechanic you can pick up a sick car that was 50k ...for 18 to 22k drive it for 3 years turn it in do the same thing. Also I think the new body style Mustang are very very sick, brand new they are like 25k with leather and all.
                    Comment
                    • TheLock
                      SBR Posting Legend
                      • 04-06-08
                      • 14427

                      #11
                      Put the 22K down on a new 335. Your payments will be very small and you'll have a brand new BMW.

                      Lets face it, you'll get some real nice trim with a brand new BMW. Chicks dig new beems.
                      Comment
                      • bmw530i
                        Restricted User
                        • 04-19-08
                        • 4058

                        #12
                        That new back end.... is awesome looking great choice ....335
                        Comment
                        • Bet Shooter
                          SBR MVP
                          • 05-02-08
                          • 1118

                          #13
                          Originally posted by JBC77
                          Would it be foolish to splurge $22K cash on a 2002 Alpine white M3 with tan leather interior. I really like the car. Test drove it. Looks great.

                          I want a nice ride. Also test drove a 2004 Mustang GT and a 98 Mustang 5.0 with a supercharger. Drove a few Audi's too and some other sh1t.
                          Anyone have an M3 that can get me off the fence.......it's more than I wanted to spend but I feel like splurging.
                          If you are gonna spend the cash anyway, I would go for the BMW. I have had two BMW's in my life and I miss driving them full time. They really are the Ultimate driving machine. 22K is full retail. They are paying 18.7K at the auction for these types with similar miles. Miles are right on the money for this model year. If you take it to the next level, grab the vin# and run it through carfax and then take the vin# to the dealer and ask them to run a history on the car. This will tell you of the repair history and if there are any recalls on that model. Then take it to a mechanic and have it checked before you buy it. If you can get to see the title before you buy it, that would be helpful. The title will say new or used on it. If it says new then it's a one owner. If it says used then it is more than one. Also check out the name that is on the title and the address. If it's a one owner CT car then you are in great shape. If it has some lease company on it, then make sure the mechanic checks it out good. If it says used and it's some name from some state more than driving distance from the dealer, be very careful. If this all passes.....Happy Motoring

                          PS...Is this a private owner? If not, what dealer are you looking at it? I am in the business and I probably know the used car buyer if it's at a larger dealer down that way. If you decide on any other car, drop me a PM and I'll make sure you are not getting hammered on the price.
                          Comment
                          • accuscoresucks
                            SBR Hall of Famer
                            • 11-03-07
                            • 7160

                            #14
                            i dont know about your location but normally you can get a 20k car 4 10k or less if you know how to deal,lets face its a buyers market in every aspect in todays economy.these people who i have bought from in the past might be able to give you some local banks,or sources avaliable in your area as to where and seek wholesale price without a dealers license.
                            Comment
                            • pavyracer
                              SBR Aristocracy
                              • 04-12-07
                              • 82864

                              #15
                              BMW's are notorious gas guzzlers. They have also problems with the engine computer.
                              Comment
                              • purecarnagge
                                SBR MVP
                                • 10-05-07
                                • 4843

                                #16
                                personally I've never thought losing 10k on a car in 2-3 years was worth it...while bmw are nice, it doesn't add up to me.

                                I find new cars and car searches for me normally take about 2 months or can be bought randomly...I'm not a huge car guy, but most people gamble to win big money, and pissing it away on gambling is enough for me, pissing it away on a car that will never be worth what you paid for it just sucks ass....

                                I feel bad for the guys who take loans out on cars then have interest rape them so they pay more for the car then the car is worth half what they paid for it...its funny... people who buy new cars are losers 90% of the time. Buying a new car is the worst financial investment you can make.
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388179

                                  #17
                                  Buy and older one and chop down price more

                                  My Van I got my eye on, 89 Chevy will pound any BMW and it will only cost me $600
                                  Comment
                                  • pavyracer
                                    SBR Aristocracy
                                    • 04-12-07
                                    • 82864

                                    #18
                                    Originally posted by jjgold
                                    Buy and older one and chop down price more

                                    My Van I got my eye on, 89 Chevy will pound any BMW and it will only cost me $600
                                    How does a 89 Chevy van pound a beemer
                                    Comment
                                    • max_asdf
                                      SBR MVP
                                      • 07-22-08
                                      • 1362

                                      #19
                                      Originally posted by Bet Shooter

                                      PS...Is this a private owner? If not, what dealer are you looking at it? I am in the business and I probably know the used car buyer if it's at a larger dealer down that way. If you decide on any other car, drop me a PM and I'll make sure you are not getting hammered on the price.

                                      shooter, you know any dealers in toronto that are good?
                                      Comment
                                      • Bet Shooter
                                        SBR MVP
                                        • 05-02-08
                                        • 1118

                                        #20
                                        Originally posted by max_asdf
                                        shooter, you know any dealers in toronto that are good?
                                        Sorry Max, I am on the East Coast. I only have one guy I ship to that's from Canada, and he is in Montreal. Next time I talk to him, I'll see if he knows anyone from Toronto. I hit the auction tomorrow and will call him if I see anything for him. I'll ask him then.
                                        Comment
                                        • max_asdf
                                          SBR MVP
                                          • 07-22-08
                                          • 1362

                                          #21
                                          sure. thanks
                                          rmb to look into it for me, interested in buying new used car soon.

                                          can give your some offerings via transfers on sportsbook if you can hook me up....


                                          also, just a question, what the procedures for you shipping to canada? taxes? laws and stuff? is it worth it? =\
                                          Comment
                                          • JerseyRob
                                            SBR High Roller
                                            • 08-01-08
                                            • 144

                                            #22
                                            Originally posted by JBC77
                                            Would it be foolish to splurge $22K cash on a 2002 Alpine white M3 with tan leather interior. I really like the car. Test drove it. Looks great.

                                            I want a nice ride. Also test drove a 2004 Mustang GT and a 98 Mustang 5.0 with a supercharger. Drove a few Audi's too and some other sh1t.
                                            Anyone have an M3 that can get me off the fence.......it's more than I wanted to spend but I feel like splurging.
                                            I own a BMW and keep up to date with them and have to be honest the time has somewhat passed on that year's model and part of the reason why BMW updated all it's models recently.

                                            The 2002 M3 at that time was a sick ride but it has been many years. The new BMW's and even companies like Inifiniti, Acura have developed cars that top it and brand new would only cost you a few thousand more. The cars would be under warrenty and maybe not as fast but similar. To me it would be a waste as far as value goes but if you love the car then buy it.

                                            The M3 you are interested in would actually run similar to the new 335 which people have told me is just as fast even with automatic. The new M3 is just ridiculous and has 400 HP. I had a Lexus before my BMW and have to say as far as value goes you probably get more value in a Lexus or Acura or even Infiniti but if you really appreciate cars then the money for a BMW is worth it. When you are comparing apples to apples there is no doubt BMW's top the competition. In other words the 2008 BMW to to 2008 other companies cars. The problem is sometimes you can get a 2008 Infiniti for the price of a 2005 BMW.

                                            I've pretty much decided the new 335 hard top convertible is my next investment that car is unbelievable. I would love a new M3 but 77 grand on a car is a little crazy.
                                            Comment
                                            • Bet Shooter
                                              SBR MVP
                                              • 05-02-08
                                              • 1118

                                              #23
                                              Originally posted by max_asdf
                                              sure. thanks
                                              rmb to look into it for me, interested in buying new used car soon.

                                              can give your some offerings via transfers on sportsbook if you can hook me up....


                                              also, just a question, what the procedures for you shipping to canada? taxes? laws and stuff? is it worth it? =\
                                              Right now cars are cheaper down here because of our economy and the exchange rate is good for you. The problem is you need to change the instrument cluster for Km. This isn't easy for the average Joe. I have a dealers license so I only ship wholesale to wholesale to a dealer up there. I don't know what retail customers need to do for taxes. I would assume you just pay taxes once you register it up there. That's what would happen interstate here. With diesel the way it is, it's getting more expensive for me to ship, but the profit is still there for me. I pay a flat fee per car($250 american) and he loads the trailer with 8 at a time. This is why it's profitable for both of us:

                                              I find a mint high-mileage, high-end car that's 3K behind the book cause of the mileage. I ship it to him and he changes the instrument cluster .....get it? After the 250 each to ship we chop 2500 after auction fees and a clean on the car.
                                              I try and do this once a month. It takes me a while to find these cars and I don't want to send the carrier up with less than a full trailer. Then he gets retail money for them up there on his lot and makes another 2-4K. Not to mention certain cars sell better there than here. That is a whole other business. Scalping cars from different auctions between here and there.
                                              Comment
                                              • VegasDave
                                                SBR Hall of Famer
                                                • 01-03-07
                                                • 8056

                                                #24
                                                Don't mean to get all eco-friendly here but...

                                                Have you considered getting an electric car? Or a hybrid? The amount you will save on gas will be insane and very fulfilling. Used BMWs will always be around... why not get a brand new car that will actually save you money?
                                                Comment
                                                • max_asdf
                                                  SBR MVP
                                                  • 07-22-08
                                                  • 1362

                                                  #25
                                                  nice nice.



                                                  wonder how much the taxes are, never tried or looked into this ;p
                                                  Comment
                                                  • JerseyRob
                                                    SBR High Roller
                                                    • 08-01-08
                                                    • 144

                                                    #26
                                                    Originally posted by usckingsfan31
                                                    Don't mean to get all eco-friendly here but...

                                                    Have you considered getting an electric car? Or a hybrid? The amount you will save on gas will be insane and very fulfilling. Used BMWs will always be around... why not get a brand new car that will actually save you money?
                                                    The guy test drove a Mustang 5.0, and an M3... he has the need for speed.
                                                    Comment
                                                    • VegasDave
                                                      SBR Hall of Famer
                                                      • 01-03-07
                                                      • 8056

                                                      #27
                                                      Originally posted by JerseyRob
                                                      The guy test drove a Mustang 5.0, and an M3... he has the need for speed.
                                                      Plus, he has money. I don't... I'm broke and I really see no way out of it, either.

                                                      As such I'm in thrifty mode. I doubt he cares much about saving money on gas and driving a lame car.

                                                      Unfortunately saving money is all I can think about these days
                                                      Comment
                                                      • JBC77
                                                        SBR MVP
                                                        • 03-23-07
                                                        • 3816

                                                        #28
                                                        Originally posted by JerseyRob
                                                        The guy test drove a Mustang 5.0, and an M3... he has the need for speed.
                                                        I appreciate all the feed back guys. Rob, thanks for all your input. I am looking for something fun to drive thats not all cheaped out. 5-speed is a must. No automatics.

                                                        I wan't really impressed with the two Stangs' I test drove. They felt very cheaply made.

                                                        I was impressed with the M3, it was speedy, fun to drive and had decent craftsmanship in the interior.

                                                        I refuse to take a loan and have cash, trust me I would love nothing more than an 08' BMW....just don't want to spend that much liquidity.

                                                        Something betshooter mentioned to me....if I bought the used Beamer I would still get decent resale value on it 2-5 years down the road as opposed to a Jap ride where the second owner gets next to nothing once the odometer tops 100K.
                                                        Comment
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