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1995 BMW 525i. Salvaged title?
im REALLY considering buying a '95 BMW 525i. the only thing is it's a salvage title. I ran carfax on it, and it got in an accident in 1996. Since then, it's had 3 owners, who put over 80k miles on it, so obviously the car runs fine.
It's in great shape, looks VERY SHARP (all black, tinted, leather), and i was told it runs great (it's an automatic). It's from a dealer, and they're asking 5500, but i can hopefully work it down to 4800-5000.
i talked to my stepdad about it, and he knows anything and everything there is to know about cars. While he was skeptical at firt, once he saw CarFax report, he said it's not a bad deal, knowing how it's been driven for 7 years since the accident (and passed emissions 4 out of thr 4 times it went through them). plus, im not paying huge money for it, and insurance won't be too much ($150/month full coverage). im a 17 y.o. high school senior.
do you think i could make a mistake if i buy this car?