M3 Buyers Guide or advuce (E46)
M3 Buyers Guide or advuce (E46)
Author
Discussion

rudeboymassive

Original Poster:

31 posts

211 months

Friday 9th January 2009
quotequote all
Right ive decided on an M3...........Im going to buy it tomoz and i need advice - what do i need to look out for?

not just physical but also recals and service stuff

please help

cheers

heres the car:

http://www.pistonheads.com/sales/662512.htm

thehos

923 posts

207 months

Friday 9th January 2009
quotequote all
reckon you could take a grand off that

dan101smith

17,009 posts

234 months

Saturday 10th January 2009
quotequote all
Pre-facelift so there was the recall for the shells I think.

It may only have 50k but it isn't cheap. A bag of sand off that sounds reasonable for starters.

Check the running in service was done - 1200 miles from memory.

Unrelated, but how stupid to make the last line in the spec list say "the list goes on" - I can see it doesn't, but if it should then bloody well list it! You're trying to sell it FFS!



Vixpy1

42,697 posts

287 months

Saturday 10th January 2009
quotequote all
No SMG, and with that plate it could be an 2001 or 2002 car, and its a private sale, but the mileage is low.

11K tops.

nottyash

4,671 posts

218 months

Saturday 10th January 2009
quotequote all
Has all the ticks in the right boxes and looks OK.
Silver cars seem to be a lot cheaper for some reason so i would not buy one, but thats a personal thing. Its black or blue for me.
Mine has had suspension parts replaced under warranty so check that out,I dont know what to look for but it is an issue.






nottyash

4,671 posts

218 months

Saturday 10th January 2009
quotequote all
Vixpy1 said:
No SMG, and with that plate it could be an 2001 or 2002 car, and its a private sale, but the mileage is low.

11K tops.
Oh and SMG is a preference thing, I didnt want it and it certainly adds no value to a car anyway...............unless you are disabled and have 1 leg!.

thehos

923 posts

207 months

Saturday 10th January 2009
quotequote all
smg adds a grand, as does sat nav

nottyash

4,671 posts

218 months

Saturday 10th January 2009
quotequote all
thehos said:
smg adds a grand, as does sat nav
Not second hand it dont!

dan101smith

17,009 posts

234 months

Saturday 10th January 2009
quotequote all
Other things to check - rear springs can snap, rear trailing arm bushes, when worn, can cause the rear end to feel unsettled.

Pork

9,455 posts

257 months

Saturday 10th January 2009
quotequote all
nottyash said:
thehos said:
smg adds a grand, as does sat nav
Not second hand it dont!
Its not far off! I'd certainly say somewhere between £1-2k for the both, depening on age, for the both.

Looks like the car has been for sale a while, so should be some room for moveemnt on the price.

Good luck! The only advice I'd give is dont get giddy. There's loads of M3's around to choose from!

gizlaroc

17,251 posts

247 months

Saturday 10th January 2009
quotequote all
SMG does add a grand, even now, when you are looking for an SMG car you soon notice just how much cheaper a manual is.



Anyway, things to look out for...

Make sure it has had the 1200 mile service.
Then make sure it has had the Big End Recall done, phone your local dealer with the plate to check recalls and specifically ask this. It is important, if it hasn't been done you may get engine failure well before time.

I would guess the clutch would need replacing pretty soon if not already done.

Engine mounts tend to go, as do the rubbers like the rear trailing arm bushes.

Springs may need replacing soon as well.

Brakes, check them as you are looking at a grand to replace, same with tyres.




It should feel like a brand new car if looked after, these parts listed above are not cheap to replace, and on a normal car, even a normal 3 series you wouldn't bother as they would cost more than the car is worth, that's why 8 year old 318i's feel 8 years old, but an M3 should feel absolutely brand new.

If all these things have been done then the price is not too bad.

If it needs new tyes soon, new bushes fitted in a few thousand miles, new suspension in the not too distant future, and maybe a new clutch then that little lot will cost you £3500 at least, and then it does look over priced.


Problem is most people see M3's starting at £10k that look really good, but go and see them, they feel tired and look tired, they need serious money to get them feeling how they should, so £10k is not quite the bargain they first seemed.


I looked at 6 cars, had to be a 2005+ and had to have less than 50k miles.
They were all crap!
In the end I bought a 2002 car with 65k miles on it, it had a folder of history that showed if something needed doing it was done, and the car felt like it was 3 months old.

Prices are a guide, you need to do your homework before shaking on a car or you might get your fingers burnt.

nottyash

4,671 posts

218 months

Saturday 10th January 2009
quotequote all
My 54 plate carbon black manual had 38000 miles on and was £18000 in the dealer I bought it from. He also has a SMG 04 with same spec and colour but 50000 miles for the same price, its still there and so price dropped £500.They are fetching a little more, but I think its a buyers market so haggle.

thehos

923 posts

207 months

Saturday 10th January 2009
quotequote all
[quote=gizlaroc]SMG does add a grand, even now, when you are looking for an SMG car you soon notice just how much cheaper a manual is.


thankyou, didnt want to get into a does/dosent banter

Rawhide

977 posts

236 months

Saturday 10th January 2009
quotequote all
gizlaroc said:
SMG does add a grand, even now, when you are looking for an SMG car you soon notice just how much cheaper a manual is.

In the end I bought a 2002 car with 65k miles on it, it had a folder of history that showed if something needed doing it was done, and the car felt like it was 3 months old.

Prices are a guide, you need to do your homework before shaking on a car or you might get your fingers burnt.
Agree with this entirely. Nav and SMG cars are definately a lot more than manuals. I ended up buying an 02 car which had been facelifted. Fully loaded with everything and around 55k and BMW warranty. I paid top dollar (close to 15k) for it as it was immaculate and has everything on it. Even the dealers point out how nice it is.

It reminds me of porsche ownership. The good cars are not cheap. The cheap cars need money spent on them and there are not amazing bargains out there for no good reason.

Good luck. I'm very happy with my car.

Edited by Rawhide on Saturday 10th January 20:57

Deutscher

1,430 posts

242 months

Saturday 10th January 2009
quotequote all
At that price level sat nav, SMG or 19s do not add a grand.

The sat nav at that age is cr@p anyway.

And many people are deterred by SMG and such cars may even be cheaper.

And 18s drive better than 19s.



Buy on condition, condition and condition. And invest £100 in a Tom Tom.

Edited by Deutscher on Saturday 10th January 21:11

thehos

923 posts

207 months

Saturday 10th January 2009
quotequote all
Deutscher said:
At that price level sat nav, SMG or 19s do not add a grand.

The sat nav at that age is cr@p anyway.

And many people are deterred by SMG and such cars may even be cheaper.

And 18s drive better than 19s.



Buy on condition, condition and condition. And invest £100 in a Tom Tom.

Edited by Deutscher on Saturday 10th January 21:11
laughlaughlaughlaughsillyshootnono

Vixpy1

42,697 posts

287 months

Sunday 11th January 2009
quotequote all
I love how these threads always degenerate into a Nav and 19's discussion hehe

paoloh

8,617 posts

227 months

Sunday 11th January 2009
quotequote all
Deutscher said:
At that price level sat nav, SMG or 19s do not add a grand.

The sat nav at that age is cr@p anyway.

And many people are deterred by SMG and such cars may even be cheaper.

And 18s drive better than 19s.



Buy on condition, condition and condition. And invest £100 in a Tom Tom.

Edited by Deutscher on Saturday 10th January 21:11
Glad to see my old friend is still talking TOSH

Huliganov

319 posts

218 months

Sunday 11th January 2009
quotequote all
thehos said:
smg adds a grand, as does sat nav
£13k for an 8 year old M3?

They're pushing £9k in private sales. Some can be bought for £8k with negotiation.

RB5_180

187 posts

256 months

Sunday 11th January 2009
quotequote all
Huliganov said:
thehos said:
smg adds a grand, as does sat nav
£13k for an 8 year old M3?

They're pushing £9k in private sales. Some can be bought for £8k with negotiation.
I agree the markets poor, but I dont think its that bad. sub 10k cars are >100k miles on them or dodgy. Looking on trader, the 'asking price' market seems to start about 12k for reasonable mileage so I agree with the 1k off asking price comments...

Sounds good to me anyway...as a buyer, I would choose to avoid the complexity of SMG, but that's just me.