Trading Down
Author
Discussion

Marty Funkhouser

Original Poster:

5,443 posts

210 months

Tuesday 21st September 2010
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I'm thinking of freeing up some cash by selling my Focus and buying a £1000-£1500 BMW 5 Series...

Something like this...

Am I looking at an expensive car to run? Obviously it'll get looked after by independent local mechanics so I wont be paying absurd BMW servicing rates....

Any advice gratefully received.



Edited by Marty Funkhouser on Tuesday 21st September 23:27

Timberwolf

5,374 posts

247 months

Tuesday 21st September 2010
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Ah... old German cars. If you get a good one it'll go on so long you'll end up selling it just to stop it being the only car you ever drive. If you're prepared to put up with niggles or do your own investigation into electrical problems (they're usually minor things like a short from some chafed insulation or a plug coming loose) then it'll last forever cheaply, too.

Buy at the top of the market or something with an obvious up-front reason for being cheap like high miles, unpopular colour, or bizarre choice of trim levels. Not worth anything else on an old car, you'll erode your savings on little jobs that need doing a few weeks after getting it home otherwise. (Not major stuff, but the little things that a warranty company will consider fair wear and tear on a 13 year old car.) I'd also on hard-won experience avoid any dealer marketing themselves as "THE CHEAPEST" - at this end of the market the way they do it is by having abysmal standards of prep and presenting auction-sourced cars with obvious faults until they get a punter who doesn't notice or doesn't know any better.

Far better to go with someone who charges a few hundred quid more and takes their time sourcing cars and making sure they're up to scratch. (Or a good private sale, the typical warranty cover on a car of that age/price may not cover much.) You'll save it in the first year and have a much nicer car as a result.

Edited by Timberwolf on Tuesday 21st September 23:57

CraigyMc

18,369 posts

265 months

Wednesday 22nd September 2010
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Marty Funkhouser said:
I'm thinking of freeing up some cash by selling my Focus and buying a £1000-£1500 BMW 5 Series...

Something like this...

Am I looking at an expensive car to run? Obviously it'll get looked after by independent local mechanics so I wont be paying absurd BMW servicing rates....

Any advice gratefully received.



Edited by Marty Funkhouser on Tuesday 21st September 23:27
I had one. I mean a 523iSE, 1997 model year on a P reg.

Things which went wrong with it in 2 years and about 26K miles:

  • waterpump (early ones had plastic impellers, which eventually fall off. later (and replacement) pumps are metal). This failed on day #1 and was replaced by the trader.
  • passenger side airbag sensor (which is a plastic mat embedded in the seat - pig of a job to get at)
  • radiator burst (this could have happened to a brand new car as it was stonechip damage)
  • faulty rear electric window (who cares?!)
  • new clutch & dual mass flywheel (It did a valiant job getting to 119k miles by itself)
It was a farily reliable car - it didn't break down unless you count the clutch (which was probably caused by previous owner, since I'm very light on clutches)

I got the car for £2600 and sold it for £1800 iirc. Best value car I've ever had.

One piece of advice I'd give is that it's relatively straightforward to do a compression check on these engines (M52B25). The actual engine itself had a nasty problem with the coatings on the bores (it's Nikasil, which gets eaten by sulphuric fuels) - a compression check can allay fears that there's something nasty lurking in there. I had mine done on day #2 (after it had come back with a new water pump) and with everything checked out I didn't worry about it thereafter. I mention this because the internet is full of scare stories about it, and BMW have stopped giving out free replacement engines.

C

Waynester

6,522 posts

279 months

Wednesday 22nd September 2010
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I can respond to this as I traded down my new Focus ST & bought a BMW 523i SE.

That was just over 2 years ago now and the only thing to fail was the fuel pump...I have put 25000 miles on it so now has 108,000 miles, and she runs superbly.
All this nicasil stuff was a fair few years back when petrol had higher sulpher content, even then I believe parts of the country affected... I had a compression check along with changing the oil in the auto box (even though supposed to sealed for life), anyway compression check was absolutely fine.

Check front steering bushes aren't knackered, quite common with age and miles.
Never had a single dash pixel disappear, but supposedly quite common.

If it has the business stereo, makes sure the cd auto changer is in the boot!

All in all a bloody good car for little cash, but do your checks as like any car there be dogs out there!

It's got to the point now where I was thinking of changing, yet I'm struggling....I keep coming back "my car ticks all my boxes - why change"

if you do go 523 6 cylinder it is a big heavy car for the engine. She can get up and strut her stuff if you put the pedal down but it is a little under powered...but I'm used to it & it doesn't really bother me now.
I seem to average 30 mpg ish...better on longer journeys.

Pig Skill

1,368 posts

232 months

Wednesday 22nd September 2010
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Some excellent advice there OP

I would like to echo the points about niggles though - you will have to put up with a few as there will be compromises. That said if you are a bit handy then it can be fun sourcing SH parts and fault finding.

Even if the engine is as sweet as nut the whole car will be old; rubber perishes and seals shrink. Take a good mech with you if you are not confident as this cheap car could work out expensive and defeat the objective.


Engineer1

10,486 posts

238 months

Wednesday 22nd September 2010
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Take a mechanic, dodgy bodywork and rust is more likely to kill the car than engine problems.

CraigyMc

18,369 posts

265 months

Wednesday 22nd September 2010
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Engineer1 said:
Take a mechanic, dodgy bodywork and rust is more likely to kill the car than engine problems.
I forgot to mention - check the bottom of the bootlid for rust. It's a typical place to see the first bit of rot.

C

Marty Funkhouser

Original Poster:

5,443 posts

210 months

Wednesday 22nd September 2010
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Thanks for the advice, guys - really useful....now the hunt for a decent example begins.....

Marty Funkhouser

Original Poster:

5,443 posts

210 months

Tuesday 28th September 2010
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Tell me why I shouldnt

Should I be worried by the 'duplicate' service history?

R60EST

2,364 posts

211 months

Tuesday 28th September 2010
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Buy one with leather . If you don't like it it will be easier to sell with leather . If you do like it , to me cloth is not something that should be tolerated in a BMW , especially in a 5 series

Marty Funkhouser

Original Poster:

5,443 posts

210 months

Wednesday 29th September 2010
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Bump...any thoughts?

BarnatosGhost

34,009 posts

282 months

Wednesday 29th September 2010
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JFDI. They are brilliantly resiliant and very comfortable, presentable cars.

What few parts you'll need are barely any more expensive than Ford equivalents.

If it's still going in 2 years it'll be worth pretty much what you paid for it, and if it dies it'll be worth £500 in parts and scrap.

G_T

16,163 posts

219 months

Wednesday 29th September 2010
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Buy on condition. As per the above they are heavy old cars so expect the usual failures regarding suspension springs etc. all are usually cheap to fix if you've got a set of compressors and some balls.

Re: Nikasil. If it hasn't failed yet it probably never will. Unless it's a noticable bd to start from cold or uses obscene amounts of fuel I wouldn't worry about it. Nikasil liners can theoretically outlive petrol equivalents. If it starts and runs fine I wouldn't worry personally.

5 series is a good trade down car IMO if you want a comfortable barge. I've had my eye on one for some time now but can't seem to bring myself to get rid of my current shed!









Marty Funkhouser

Original Poster:

5,443 posts

210 months

Wednesday 29th September 2010
quotequote all
BarnatosGhost said:
JFDI. They are brilliantly resiliant and very comfortable, presentable cars.

What few parts you'll need are barely any more expensive than Ford equivalents.

If it's still going in 2 years it'll be worth pretty much what you paid for it, and if it dies it'll be worth £500 in parts and scrap.
JFDI?

deeen

6,403 posts

274 months

Wednesday 29th September 2010
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JFDI = just do it wink

GarryA

4,700 posts

193 months

Wednesday 29th September 2010
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Marty Funkhouser said:
BarnatosGhost said:
JFDI. They are brilliantly resiliant and very comfortable, presentable cars.

What few parts you'll need are barely any more expensive than Ford equivalents.

If it's still going in 2 years it'll be worth pretty much what you paid for it, and if it dies it'll be worth £500 in parts and scrap.
JFDI?
Just F'ing Do It

POORCARDEALER

8,663 posts

270 months

Wednesday 29th September 2010
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wife had a r reg 520 se some years ago, ran it for 4 years, only thing it needed was a water thermostat housing, very economical at motorway speeds too for a big car

Marty Funkhouser

Original Poster:

5,443 posts

210 months

Wednesday 29th September 2010
quotequote all
Hmmmm...a discrepancy...

Rang BMW up to see what records they had for servicing, they only had two dates, one of which was 10/9/04 - 45,080....looking at the photo in the ad, the log book clearly shows a service on 12/8/03 at 45078.

Its clear on HPI....but that worries me...

anonymous-user

83 months

Wednesday 29th September 2010
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Do it, I went from a focus to a BMW and it was a great change.

Just make sure you buy on condition and serivce history, not just mileage!

You get a huge amount of car for you money with older Beemers.

jamesson

3,702 posts

250 months

Wednesday 29th September 2010
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Plenty to choose from. If in doubt, walk away. There will be another before too long.