£8k E46?

£8k E46?

Author
Discussion

sniff diesel

Original Poster:

13,107 posts

213 months

Tuesday 14th October 2008
quotequote all
Didn't realise they'd got this cheap already:

http://www.pistonheads.com/sales/731160.htm

aaronc

214 posts

221 months

Tuesday 14th October 2008
quotequote all
No doubt a good price especially for a 53 plate, should be priced around the £10.5K mark...

...saying that the high mileage, blue and grey leather does not score any points with me.

jedi-knight83

126 posts

206 months

Tuesday 14th October 2008
quotequote all
extremely high mileage and a very undesireable spec and poor used car market = sily low price

sniff diesel

Original Poster:

13,107 posts

213 months

Tuesday 14th October 2008
quotequote all
What's the cheapest E46 M3 anyone's seen then?

bigmanteebs

4,412 posts

216 months

Tuesday 14th October 2008
quotequote all
Crap colour/Crap interior/No Nav and imho the wrong wheels. Could be a money pit at that mileage. Still tempted though.........

mpwr343bhp

259 posts

220 months

Wednesday 15th October 2008
quotequote all
I got mine one month ago so was activily monitoring, and the cheapest i say were low spec 100K's on 2001 reg for 10500, most were fetching 12K for 80-100K with good colour combo and history.

Defo agree with last post, moeny pit unless your lucky. Then again vould be bargain of century ;0)

gerradiuk

1,669 posts

196 months

Wednesday 15th October 2008
quotequote all
I dont think so, over the next 4- 7 months they will come down very quickly & this is just the start, in fact here's one even cheaper !

http://pistonheads.com/sales/749700.htm

sniff diesel

Original Poster:

13,107 posts

213 months

Wednesday 15th October 2008
quotequote all
gerradiuk said:
I dont think so, over the next 4- 7 months they will come down very quickly & this is just the start, in fact here's one even cheaper !

http://pistonheads.com/sales/749700.htm
I suppose now they've hit the point were their road tax is 5% of the total purchase price the floor's the limit.

bigmanteebs

4,412 posts

216 months

Wednesday 15th October 2008
quotequote all
Be interesting to see how the car copes with that mileage? Would need a good inspection prior to purchase i think. Shove a private plate on and some 19" CSL's and jobs a good 'un

sniff diesel

Original Poster:

13,107 posts

213 months

Wednesday 15th October 2008
quotequote all
bigmanteebs said:
Be interesting to see how the car copes with that mileage? Would need a good inspection prior to purchase i think. Shove a private plate on and some 19" CSL's and jobs a good 'un
Nope and nope wink

Can't see why it shouldn't cope with the mileage?

bigmanteebs

4,412 posts

216 months

Wednesday 15th October 2008
quotequote all
oi!!

Welshbeef

49,633 posts

199 months

Thursday 16th October 2008
quotequote all
Why do people think that an E46 M3 engine will have "issues" over the 100k?

Personally I'd have thought all modern engines were good for 250k++ provided they were serviced routinely (and by that I dont mean serviced regardless of cost just the basics).


Rags

3,642 posts

237 months

Thursday 16th October 2008
quotequote all
Sickeningly cheap and I am glad the CSL market hasn't nose dived like it as well!

Welshbeef

49,633 posts

199 months

Thursday 16th October 2008
quotequote all
Rags said:
Sickeningly cheap and I am glad the CSL market hasn't nose dived like it as well!
So would u buy a 120k E46 M3?

Whats wrong with them? Is it similar to the view on Briskoda about the Fabia vRS whereby 80k is deemed massive miles yet they will go on up to 400k.

dan101smith

16,802 posts

212 months

Thursday 16th October 2008
quotequote all
I bought a 123k miles E36 M3, and would do the same with an E46 (in principle).

Welshbeef

49,633 posts

199 months

Thursday 16th October 2008
quotequote all
dan101smith said:
I bought a 123k miles E36 M3, and would do the same with an E46 (in principle).
Right - so since Feb08 what has been your running costs (well non std servicing items & not performance upgrades on non failed parts?)

Nice looking E36 Evo BTW.


Rags

3,642 posts

237 months

Thursday 16th October 2008
quotequote all
Welshbeef said:
Rags said:
Sickeningly cheap and I am glad the CSL market hasn't nose dived like it as well!
So would u buy a 120k E46 M3?

Whats wrong with them? Is it similar to the view on Briskoda about the Fabia vRS whereby 80k is deemed massive miles yet they will go on up to 400k.
What?

I am just saying how cheap that car is.

Mileage is not a problem as long as the car has been looked after!

dan101smith

16,802 posts

212 months

Thursday 16th October 2008
quotequote all
It hasn't needed anything mileage-related, but a couple of things age-related - a new battery, viscous coupling, Vanos bolts.

Luckily for me, previous owners absorbed a lot of the cost. The Vanos was changed at 80k, the diff has been rebuilt. I'd rather buy a higher mileage car that has had all the right work done than a lower mileage car that's just coming up to the point where it will need doing.

Dr KT

398 posts

203 months

Thursday 16th October 2008
quotequote all
Engines should be fine, its all the other parts which tend to fail in my painful experiance.

Bushes, suspension, exhausts, electric motors, raidiators, spilt pipes.

You will then quickly realise why the cars are cheap buy- the cost a lot to run.

(A bit like the bond market, the prices falls to help buyers get a better return).

A cars price falls, as the risk, and the running cost get higher.

You have been warned.

The Dr.

Welshbeef

49,633 posts

199 months

Thursday 16th October 2008
quotequote all
Dr KT said:
Engines should be fine, its all the other parts which tend to fail in my painful experiance.

Bushes, suspension, exhausts, electric motors, raidiators, spilt pipes.

You will then quickly realise why the cars are cheap buy- the cost a lot to run.

(A bit like the bond market, the prices falls to help buyers get a better return).

A cars price falls, as the risk, and the running cost get higher.

You have been warned.

The Dr.
But surely once you have bought it if you start replacing parts gradually then things will be fine/reasonable costs. i.e. New OEN exhausts last a good 8 years, so buy another OEM when it starts to go it'll probably outlast your ownership, new battery £80, radiator & oil cooler if they are in bad condition replace as soon as you buy it that way you get the benefit of the new part right from the word go and it might only need changing again when you get rid of it so let the next person do it, You could replace all the coolant pipes & windscreen washer & windscreen washer pump as well might as well get the niggly bits changed and then piece of mind motoring.

Plus you can do most of those bits yourself - so only cost of the part.