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It's $4000. No car for $4000 comes without issues.
2011: 1987 325iS with 190K - paid $4K. Sold in 2013 for $4700
2014: 1995 M3 with 205K- paid $8200. Sold in 2017 for $4500
Spent a considerable amount on those cars (maintenance/repairs), but got a lot of joy. But, they didn't cost any more than if I'd bought a 120K mile vehicle.
Most 14 year old BMWs (especially a desirable model) haven't been run into the ground, like you were buying a Chrysler 200. If it's made it to 185K, it's been relatively well-maintained along the way.
The thing that kills most high-mileage vehicles is an automatic transmission. If it's a stick, I'd take a chance on it. The nice thing about an E46 is that they are still making parts for it, and they are easy to get and relatively inexpensive.
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When my ZHP wasn’t my DD it was fine. When we moved a car out of the fleet and it become my DD is when things got complicated, for us at least. I’m not the type that could take on a complete cooling system refresh for instance so when I had to have that done we were down to one car for nearly a week. Then my commute doubled and as it creeped over 100k in miles other needs were developing and I just couldn’t see keeping it and dealing with this from time to time. It didn’t help that my employer at the time was 4 square against remote workers.
Do I regret selling it? Yes, 100% but sometimes your lifestyle just outgrows a car.
2021 Jeep Wrangler Sahara 4xe Granite Crystal over Saddle
2024 Audi Q5 Premium Plus Daytona Gray over Beige
2017 BMW X1 Jet Black over Mocha
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
I don't think any of us are looking at 14 year old BMWs as daily drivers.
Also, a 2004 car with 185K is a lot different than a 25-35 year old car with 185K. It's more likely to be solid, structurally.
My biggest point was this isn't all that different from my 119K mile ZHP. Assess the present condition for any deal breakers, and if you get it for asking price, you've saved $5K over buying mine.
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'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
Just used Carvana to see what the Jetta was worth.
Looks like I'm about $1500 upside down on the lease payoff.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Yes the PPI would tell you a lot--mostly what has been "deferred".
But no matter how carefully you look over a car, you're bound to miss something. Of course, there might be some things you can just live with on an old car. It doesn't have to be perfect at that price. Small seep in valve cover? Needs some software updates? One motor mount a little soft? Well, so what? Drive, he said.
2024 Audi Q8 e-tron - 2024 Corvette - 2024 BMW X5 - 2023 Tesla Model Y
Truecar says $10,200, which is just about $2K or so less than payoff ($10,880 residual and $1500 remaining payments)
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Of course, what they don't show you is how the car behaves when it is -40 and stone cold, but then my guess is that they did not experience -40, nor was the car ever stone cold. On my Q7, the electronics get all sorts of funky at those temps. They come back around once they thaw, but, honestly, electronic stuff is supposed to be happier cold than warm!
As for the 30% loss in range, that's pretty much identical to gas and diesel vehicles during the same conditions, so that's certainly no black mark against the electric vehicle. Biggest, perhaps only, drawback to electric here is lack of infrastructure combined with substantial distances.
I'll guess that once you hit 100K miles, most cars will be over $100/mo. to maintain/repair.
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6.5 years, since then (8.5 yrs total) Might be interesting to add it all up. I've spent a lot on tires (lol). Re-did the whole cooling system. New shocks. I'm probably still under the $150/mo. threshold.
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Aside from that, I probably spend about $1,000 in maintenance supplies before I do my annual weekend on the cars over the July 4 holiday.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
My point is -- if you by a car like this, you can't be spending money on life support--if it starts ailing badly you have to fold 'em and walk away.
23 Civic Type-R / 22 MDX Type-S / 21 Tesla Y LR / 03 Montero Ltd
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http://www.royaleasing.com/detail-2010-lexus-is_250c-2dr_convertible_automatic-used-18481405.html
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Vroom came back with an offer of $12,000.
Guess I should call VW Credit and find out what my actual payoff is.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
23 Civic Type-R / 22 MDX Type-S / 21 Tesla Y LR / 03 Montero Ltd
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
Much easier to just trade in!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
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I'm a tad curious to see what the 330 would fetch, but I haven't even gotten my first bill yet, and I'm pretty sure my wife would kill me in my sleep. I don't know why she was so bent out of shape about the Alfa. I have to keep pointing out that it is costing us less.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
Unfortunately, I can't get an on-line payoff from VW Credit - it's not allowed in Colorado. @jpp5862 can confirm this.
I did call VW Credit.. I always figured the payoff was the remaining lease payments plus the residual value. Dude on the phone said no, it's the cap cost less any payments I've made. Umm, OK, I guess I don't see the difference.
However, I was also told that I have to go through the dealer to sell the car. What?
At the end of the conversation, we sorta got a close guess as to the payoff, which is only a couple hundred more than the Vroom offer.
So, I called Vroom to see how it works, from their side. Their offer is good for 10 days or 300 miles, so I've got some time to decide. If I accept, I'll be asked to fill out a bunch of paperwork, at which point I'll be assigned a "document specialist", who will complete the transaction. That person will work with VW Credit and/or the dealer to get the payoff value, at which point I can decide to go forward, or not.
I really like the VW, and will be sad to see it go (if it does go). But, I could use the cushion in the budget for the time being. And, as @breld pointed out, the clock also starts ticking as to when I can replace it, if the wife and I decide that one car isn't enough for us.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Although I'm certain I could transfer it if I really wanted to at some point.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
Just got an email that a transporter will pick up the Alfa on Thursday. If that happens, it will be 15 days from start to finish. I'd have to check my emails, but I think Carvana was less than a week. Of course, we had New Year's in the middle of this process PLUS the fed-exing back and forth, which carvana was happy to do electronically. Go figure.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
So @Michaell it sounds like you are a good candidate for one of those well used BMW’s we were discussing earlier
2021 Jeep Wrangler Sahara 4xe Granite Crystal over Saddle
2024 Audi Q5 Premium Plus Daytona Gray over Beige
2017 BMW X1 Jet Black over Mocha
https://roadandtrack.com/new-cars/first-drives/reviews/a14847/2010-lexus-is250c-and-is350c/
23 Civic Type-R / 22 MDX Type-S / 21 Tesla Y LR / 03 Montero Ltd