Is this the best value E39 M5 on sale, or a misprint?
Is this the best value E39 M5 on sale, or a misprint?
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Discussion

M5Dave

Original Poster:

829 posts

235 months

Wednesday 1st August 2012
quotequote all
Just browsing the BMW Approved Used Cars website, and came across an E39 M5 at the Country Garage BMW dealer in Nothern Ireland.

The car is 2002 '02' plate with 50,000 miles. It's got a reasonable spec including sat-nav, is in Carbon Black with Caramel leather, and up for £8,950.

Given it will be properly prepared, have the years warranty and main dealer back up, that seems incredible value to me.

People are asking that money for cars with twice the mileage in private sales.


tjlazer

875 posts

200 months

Wednesday 1st August 2012
quotequote all
On the face of it great value, split seats and press prep, 50k, AUC. Buy it. Got to be at least 2k of instant value there.

M3Charlie

556 posts

184 months

Wednesday 1st August 2012
quotequote all
It's because its in Ireland. If it was over here a dealer would charge a lot more

ArmaghMan

2,751 posts

206 months

Friday 3rd August 2012
quotequote all
It was . Gone now.

Honestherbert

592 posts

173 months

Saturday 4th August 2012
quotequote all
maybe because it has cream leather? one of the most disgusting creations known to manbiggrin

chris116

1,195 posts

194 months

Saturday 4th August 2012
quotequote all
Honestherbert said:
maybe because it has cream leather? one of the most disgusting creations known to manbiggrin
nono Caramel.





Edited by chris116 on Saturday 4th August 03:39

R5YUP

1,171 posts

239 months

Saturday 4th August 2012
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I spoke to them about it. According to BMW records it hadn't been serviced between 2006 and 2012 - although worryingly they didn't seem to realise this until I pointed it out.

nickrex

258 posts

199 months

Saturday 4th August 2012
quotequote all
R5YUP said:
I spoke to them about it. According to BMW records it hadn't been serviced between 2006 and 2012 - although worryingly they didn't seem to realise this until I pointed it out.
Personally, I'd still of bought it as an AUC at that price. The lack of servicing may be explained by the low mileage, it may of done it's 50,000 miles in it's first 4-5 years.

R5YUP

1,171 posts

239 months

Saturday 4th August 2012
quotequote all
nickrex said:
Personally, I'd still of bought it as an AUC at that price. The lack of servicing may be explained by the low mileage, it may of done it's 50,000 miles in it's first 4-5 years.
According to the records it had done 20k miles in the 6 years with no service. That said, could have been serviced outside the network - but the service book was offsite with the car so they couldn't check.

And I'm still waiting for them to check and tell me the score - but looks like its now sold anyway!

I really quite fancied it but a potential 6 year gap is too much for my own comfort.

_Nathan_

505 posts

274 months

Saturday 4th August 2012
quotequote all
R5YUP said:
According to the records it had done 20k miles in the 6 years with no service...

I really quite fancied it but a potential 6 year gap is too much for my own comfort.
Who cares if it came with the AUC warranty

E30M3SE

8,491 posts

222 months

Saturday 4th August 2012
quotequote all
_Nathan_ said:
Who cares if it came with the AUC warranty
That may not be worth the paper it's printed on when it come so an engine issue with a 6 yr history gap...........

Kananga

1,169 posts

182 months

Saturday 4th August 2012
quotequote all
E30M3SE said:
That may not be worth the paper it's printed on when it come so an engine issue with a 6 yr history gap...........
I know that BMW can be fussy when renewing an expired warranty, but surely any engine issue on a main dealer car is covered by the AUC warranty ?

I spoke to the dealer and they confirmed the car did have an intermediate service by a non-franchise dealer, but they had checked exactly what had been carried out and were satisfied the service items were satisfactory. I don't have specifics about the timing/mileage though.



E30M3SE

8,491 posts

222 months

Saturday 4th August 2012
quotequote all
AUC warranty is an insurance policy, t&c's of which are that the car must have been serviced as per manufacturers recommendations and continue to be so. Even on a low mileage car a 6 yr gap in history means 2 missed services (oil changes every 2 yrs regardless of useage) if the cars had one intermediate service in this time and an issue arose Mondial would be quite within their rights to not payout, AUC or not.

Should the cars even be an AUC given the history?

This is all assuming there is a gap in history.

Kananga

1,169 posts

182 months

Saturday 4th August 2012
quotequote all
E30M3SE said:
Should the cars even be an AUC given the history?
From what you've said, the warranty isn't worth anything if there is a 6 yr gap in the service history. My assumption was that a main dealer couldn't sell a car as an approved used car if the history didn't check out ?

I remember having a bad experience with an Audi (I know, I was young, foolish) where the approved used warranty didn't necessarily cover something as it was excluded because of the insurance-backed nature of the warranty.

nickrex

258 posts

199 months

Sunday 5th August 2012
quotequote all
Isn't it reasonable to assume the dealer has checked the car and therefore the warranty is valid as an AUC? If I bought it and had problems covered by the warranty and they refused to sort it there would be an almighty argument!

Kananga

1,169 posts

182 months

Sunday 5th August 2012
quotequote all
nickrex said:
Isn't it reasonable to assume the dealer has checked the car and therefore the warranty is valid as an AUC? If I bought it and had problems covered by the warranty and they refused to sort it there would be an almighty argument!
That's what I would have thought... Also just spotted the following on the BMW UK website (in relation to the AUC warranty):

bmw said:
...We want you to have total confidence in your car, which is why the warranty is backed by BMW, not third party insurers, and even covers the battery and exhaust...

E30M3SE

8,491 posts

222 months

Sunday 5th August 2012
quotequote all
I'll just put this out there,

BMW AUC Programme benefits said:
The BMW AUC Programme is your assurance that every Approved Used BMW has been prepared to exacting standards. Not only does every Approved Used BMW go through more than 120 rigorous checks and full road tests, you also receive an extensive array of specific programme benefits. Please click on the links below to find out more.

3. Full service history
Only BMWs which have been maintained in strict adherence to BMW servicing recommendations can qualify as Approved Used BMWs. In addition, any BMW with a service due within 4,000 miles or displaying less than three service interval lights has the appropriate service carried out prior to delivery. The only exception is where the vehicle has the benefit of a service package where the requirement is reduced to 1,000 miles or one service light.
Read it all here.

Kananga

1,169 posts

182 months

Sunday 5th August 2012
quotequote all
Thanks - good spot. Presumably this means the car must comply in order to be sold as Approved Used ?

Also spotted this on the page you linked to:

BMW said:
MOT Cover
If you have an MOT test carried out within 12 months from the date of your car order (and no more than 30 days before the due MOT date), then your BMW MOT Cover will cover you against the unexpected costs of any necessary repair or replacement of specified components.

*Excludes Northern Ireland; these cars will be supplied with the remaining unexpired portion of the current MOT....
I never knew about the MOT cover, seems quite handy in case of the older cars in the main dealer network...