£450 740i what could go wrong?

£450 740i what could go wrong?

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pits

Original Poster:

6,429 posts

190 months

Thursday 3rd November 2016
quotequote all
So just bought an E38 740i that hasn't run in 3 years, in the dark, whilst raining for £450.
What do I know about it?
110k miles
LPG kit sadly
Fuel tank didn't look great
Both front springs have snapped
Needs brakes
It's sunk into the floor.


Hopeful plan is to put some brakes on it, springs, and see what it needs for mot.

Going to try winch it from its grave next week


jas xjr

11,309 posts

239 months

Thursday 3rd November 2016
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i hope you paid by western union and the seller works on an oil rig smile just to complete the set , as it were .
looks good and if it all goes badly wrong , not too much of a disaster financially .
good luck and please keep us updated , so rusty and low , thats stanced i believe . must be worth ten times what you have paid

Nick-the-greek

7 posts

92 months

Thursday 3rd November 2016
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You brave, brave man....

spookly

4,018 posts

95 months

Thursday 3rd November 2016
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What could go wrong? Get mistaken for a low rent weed dealer and subjected to random stop/search and/or drive by?

Nice car though. Hope it runs biggrin

Joe5y

1,501 posts

183 months

Thursday 3rd November 2016
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You absolute fool! wink

I love it and did exactly this last year . . . Amazing cars!


pits

Original Poster:

6,429 posts

190 months

Thursday 3rd November 2016
quotequote all
jas xjr said:
i hope you paid by western union and the seller works on an oil rig smile just to complete the set , as it were .
looks good and if it all goes badly wrong , not too much of a disaster financially .
good luck and please keep us updated , so rusty and low , thats stanced i believe . must be worth ten times what you have paid
No, I've paid him a £450 deposit and then he is going to send me a cheque for £38,760 from my great uncle in Africa (who I didn't even know I had) and the car is there as a dowry to take care of taxes.

I've had a reasonable look over it, yes fuel tank could be costly, yes both front springs have collapsed, I know that the one sill is a bit crispy, and there is a small scab on the arch, and that the rear door card stayed in the car when I opened the door. But lets look at the positives.

It's black
It doesn't smell like a tramps sock inside
there's an engine in it.
It is complete
It has a phone
Navigation as well
A steering wheel
Some pedals that I'm sure used to do things


And if it all goes tits up I have a lovely looking paper weight, but I should be able to get some cash back from it in parts, which I actually don't want to do

jas xjr

11,309 posts

239 months

Thursday 3rd November 2016
quotequote all
pits said:
No, I've paid him a £450 deposit and then he is going to send me a cheque for £38,760 from my great uncle in Africa (who I didn't even know I had) and the car is there as a dowry to take care of taxes.

I've had a reasonable look over it, yes fuel tank could be costly, yes both front springs have collapsed, I know that the one sill is a bit crispy, and there is a small scab on the arch, and that the rear door card stayed in the car when I opened the door. But lets look at the positives.

It's black
It doesn't smell like a tramps sock inside
there's an engine in it.
It is complete
It has a phone
Navigation as well
A steering wheel
Some pedals that I'm sure used to do things


And if it all goes tits up I have a lovely looking paper weight, but I should be able to get some cash back from it in parts, which I actually don't want to do
i just wish i had the skill or energy to take something like this on . how long will you allow to get this sorted ? is there a plan in place or will you just see how it pans out ?

pits

Original Poster:

6,429 posts

190 months

Thursday 3rd November 2016
quotequote all
My plan is turn up with fuel and a battery, a bit of oil.
See if it will start and drive out.

Then do springs, see if brakes will clean up if not new discs and pads.
Then bung through mot

I don't plan to spend loads, going to be a stop gap whilst I manual convert my 5 series.

Hopefully financial ruin does not await, but it is a 740

Slow

6,973 posts

137 months

Thursday 3rd November 2016
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Have you seen my thread on my £200 e38 730i?

The damn things just work, mine has done something like 6k miles without doing anything (gearbox is shagged but was in the same state when purchased). If you don't mind the small niggles you shouldn't have to spend a lot to make it work.

Fuel tank is the biggest problem, causes me 8mpg between leaking and a duff gearbox. Don't want to buy a old used tank which may leak after not a long time so it's a tricky situation. My plan may end up being a fuel cell in the boot because they are big enough to hide 10 dead body's if your in that sort of business.

pits

Original Poster:

6,429 posts

190 months

Thursday 3rd November 2016
quotequote all
Well I don't see any issue why it won't work, the M62 is a good engine, if I can get it up and running I think first job will be remove LPG kit, and possibly sell it.
It will need servicing
It takes up boot space
I've seen LPG take out an M62 engine before
Just a lot more hassle than it's worth to me, but will see how it goes, my biggest issue is the fuel filler is in the quarter panel frown

Trabi601

4,865 posts

95 months

Thursday 3rd November 2016
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Great cars. I've only driven a 728i, but I loved it.

Wouldn't spend that money on a non-running snotter, though - not when a grand would buy a good runner with 12 month ticket.

Was it these, or the earlier shape, which had an issue with the headlamp switch? - doesn't sound bad, but I recall the price of a new one was enough to write a car off!

anonymous-user

54 months

Friday 4th November 2016
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Balls of steel smile

Personally I'd keep the gas, then you don't need to worry about the petrol tank. Servicing is a piece of piss, it's only a couple of very cheap filters. As for it damaging the engine that will only happen if it's running lean or misfiring which is easy to check for. As long as it's not completely shagged getting it running properly on gas should be a lot cheaper than getting the tank sorted and then you've got the ongoing fuel savings.

Each to their own though, I think you've taken enough brave pills just buying the thing so if you're not comfortable with LPG then fair enough.

kev b

2,715 posts

166 months

Friday 4th November 2016
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Take your toolbox, that heap is not moving until the brakes are freed off.

Pray the handbrake is not applied, that will make things ten times worse.

If you do get it going then the instruments will probably not work and the engine front cover will have a tricky to fix leak.

Good luck!

pits

Original Poster:

6,429 posts

190 months

Friday 4th November 2016
quotequote all
The hope is, it costs me £600 all in to get on road, if it will cost more than that then it's time to weigh it up and let it save other cars, prefer to get it running though, probably worth nearer £2k running, if it's not completely shagged, I do have concerns over the fuel tank from what I could see.


Gas, honestly it does nothing for me, it's not worth the hassle of paying to service it,getting it all checked over, when I could spend £40 on a new inlet manifold, remove it all and sell it, it's going to have enough teething problems as it is, and not only that I like the boot space and/or spare wheel.


To collect it I will be taking.
1x breaker bar
1x jack
1x hammer
1x handy friend
1x handy friends winch

Going to get it on trailer and rolling first, then get it back to workshop and have a look at firing it up.

eltax91

9,866 posts

206 months

Friday 4th November 2016
quotequote all
pits said:
The hope is, it costs me £600 all in to get on road, if it will cost more than that then it's time to weigh it up and let it save other cars, prefer to get it running though, probably worth nearer £2k running, if it's not completely shagged, I do have concerns over the fuel tank from what I could see.


Gas, honestly it does nothing for me, it's not worth the hassle of paying to service it,getting it all checked over, when I could spend £40 on a new inlet manifold, remove it all and sell it, it's going to have enough teething problems as it is, and not only that I like the boot space and/or spare wheel.


To collect it I will be taking.
1x breaker bar
1x jack
1x hammer
1x handy friend
1x handy friends winch

Going to get it on trailer and rolling first, then get it back to workshop and have a look at firing it up.
Have a rethink on the gas front. Won't be worth much to sell it, and anyways, you can just switch the system off whilst you get it running on petrol. Just press the button on the control box and it's off.

Get it running as you want, then when your 5 series is getting close, fire up the gas and see how it behaves. If it's shot, rip it out, if it's good then you've just increased your chances of selling it over a non Lpg one.

As another poster said, no drama servicing these things. Two very cheap filters is all it really is.

pits

Original Poster:

6,429 posts

190 months

Friday 4th November 2016
quotequote all
I've had LPG once before, Ford factory fitted on a Connect, and it was nothing but problems even when it was off it would cause issues, and I know as mentioned above they can destroy the engine with lean burn.

Rather just get rid and fix the hole in the side of the body, yes it has advantages when selling, but second hand hand the kit is worth £300-500 and I don't think it is going to add that value to the car or lose that value from the car.


The seals on injectors have probably dried out where it has been sat, the controller may have got damp in it, the tank may have old LPG in it, lines could be cracked and split.
For £45 I think I would rather buy a new inlet manifold and just get rid, if I can get it bought, running and mot'd for less than £800 I'm not overly concerned about the LPG losses, if I can sell that for £300 or so, then the car owes me £500 so anything above that would be profit if I sell it.



I know it seems belligerent but I really am against LPG, it has too many cons for me, once it is running it will more than likely go, if there's a chance I keep it, then I would at least move the fuel filler from the body.

rxe

6,700 posts

103 months

Friday 4th November 2016
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As a fellow dead car collector, I salute you.

I assume you've noticed the towing eye bolted in the front bumper. It did not make its final journey under its own power....

battered

4,088 posts

147 months

Friday 4th November 2016
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Brave man, good work.

A mate of mine had a 5 series millions of years ago. A replacement fuel tank was more than the car was worth. He got a fuel tank out of an old Mini and made some brackets for it to go in the boot. Fixed for very loose change, all done.

outnumbered

4,084 posts

234 months

Friday 4th November 2016
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Anyone else wondering about that E32 that's behind it scratchchin ?

pits

Original Poster:

6,429 posts

190 months

Friday 4th November 2016
quotequote all
Towing eye on is because they had to move it forward and the rear wheels bogged into the ground, he does say it runs, and the rear wheels are caked in mud and it's flung it everywhere, so don't think it's a lie. But we have all had our hands burned before.