M6 for 10k?

[isee]

I wouldn't mind buying back into one at some point in future. When do you think one will be able to buy one that is not about to fall apart for 10k?

[ecain63]

3 to 4 years maybe, that's if they get that far down, the good ones that is.

[isee]

ecain63 said:

3 to 4 years maybe, that's if they get that far down, the good ones that is.

I don't see why not. the old M5's are well below 8k now and only 2 years ago buing one for 10k was a financial suicide.

[ecain63]

3 to 4 years maybe, that's if they get that far down, the good ones that is.

[D16RR_Rich]

Been looking to buy one recently.

Cheapest car Ive seen in £18k, however £22k - £24k for a nice one with low mileage.

One 2006 car which is currenlty up for £24k, was up for £37k 10 months ago (when it was purchased by the previous owner).

Since 2002 M3's are still fetching £8k - £10k, I dont think that M6's will drop to £10k any time soon unless theve got gallactic mileage.

Also if you buy a car for £10k it way require a new clutch (£2.5k) and new pads+disks(£2k), therefore your 10k car will cost you £14.5k!!

[M5 Russ]

I think these will continue to drop like a stone especially if they are out of warranty. You need to be a very brave man to buy a non warrantied one. Gearboxes are around 7k to buy and there are no used or recon ones around unless you get lucky.

Lovely cars but a hell of a risk.

[D16RR_Rich]

BMW quoted me around £900ish PA for extended warranty on an M6

[ProjectBayern]

BMW extended warranty is essential for an M6 or M5, I've heard too many horror stories of new boxes being needed! A very long test drive is also needed first as there are a lot of dogs around!

When you find the right car though, automotive nirvana! I'm currently trying to convince a friend who's trying to leave his R32 for an RS4 to go and try an M5 first!!!

[ecain63]

Where are all these stories of cars needing new boxes? BS in my opinion. New clutches maybe, but not new boxes.

Eddie

[M5 Russ]

ecain63 said:

Where are all these stories of cars needing new boxes? BS in my opinion. New clutches maybe, but not new boxes.

Eddie

What I am saying is its SMG is a complicated unit and if it goes bang (which is not unknown) then its going to cost you an absolute fortune. You dont know how many fast hard starts previous owners have done.

If it had the US manual box (which I believe is the e39 one) then I would have considered one but its horses for courses I guess.

[ecain63]

M5 Russ said:

What I am saying is its SMG is a complicated unit and if it goes bang (which is not unknown) then its going to cost you an absolute fortune. You dont know how many fast hard starts previous owners have done.

If it had the US manual box (which I believe is the e39 one) then I would have considered one but its horses for courses I guess.

You can find out how many launches or moments of abuse the car has suffered by simply getting BMW to download the cars 'blackbox' and having HQ analyse the data. They do this before processing a transmission claim to prove the car is or isn't abused.

Eddie

[B16JUS]

They are solid and very very hard to break, totally epic cars only thing to break on mine was traction control ecu ?? very werod just started it one day and bing error lights i wouldnt mind as never played with the traction since i learnt never turn it off again lol