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M market watch

"M" Specific discussion
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Pastry
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Post by Pastry » Mon Mar 27, 2017 7:55 pm

mr wilks wrote:
Pastry wrote:Thought I'd have a little read through this thread as I'm thinking of getting back into an ///M... its almost enough to put you off :o is it compulsory to have a row with everyone?! :roll:
Not compulsory & there are no stipulations as to how many or how frequent so don't feel pressured :oops: :D
:lol: Thats good to know Mr Wilks :wink: Ive seen the 'running in service' mentioned a couple of times, is this important? :evil:
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Post by markos » Mon Mar 27, 2017 7:57 pm

ChrisT70 wrote:To add, head gasket issues?
How common is that please chaps?
I've not heard of one failing in since I bought mine back in 2011.
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Post by Gazc » Mon Mar 27, 2017 9:10 pm

I wouldn't let it put you off I love my ///M but we are all passionate about these cars and sometimes it seems we argue a lot but that's what happens when you are passionate. Just find the best one you can and you will love it and then be as bad as the rest of us.
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Post by ChrisT70 » Fri Mar 31, 2017 3:05 pm

Dave1971 wrote: Sun Mar 26, 2017 9:39 pm http://www.ebay.co.uk/itm/182503684030

Wow this guy really knows how to write an advert.
Unsurprisingly not sold @ £20k not a single bid by the look of it.

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Post by mr wilks » Fri Mar 31, 2017 5:05 pm

markos wrote: Mon Mar 27, 2017 7:57 pm
ChrisT70 wrote:To add, head gasket issues?
How common is that please chaps?
I've not heard of one failing in since I bought mine back in 2011.
Each time there is Ins1 or Ins2 the cam cover gasket should be replaced so maybe the seller has seen on paperwork a cost for that :?
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Post by Pastry » Fri Mar 31, 2017 7:26 pm

A one owner roadster if you've got deep pockets...
http://www.autotrader.co.uk/classified/ ... obcid=soc3
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Post by Jez_m » Wed Apr 05, 2017 9:22 am

http://www.autotrader.co.uk/classified/ ... BMW&page=1

Has this one come up recently?

Seems cheap to me! Looks a tad unloved.. but only 2 former keepers so it's not swapped hands loads over the years. Higher mileage than all other M's on the market but would this drag the price down this much?

What do we think?

I'm tempted! :D

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Post by Buckz » Wed Apr 05, 2017 10:08 am

Jez_m wrote: Wed Apr 05, 2017 9:22 am http://www.autotrader.co.uk/classified/ ... BMW&page=1

Has this one come up recently?

Seems cheap to me! Looks a tad unloved.. but only 2 former keepers so it's not swapped hands loads over the years. Higher mileage than all other M's on the market but would this drag the price down this much?

What do we think?

I'm tempted! :D
been around for a few months at least! :) was there in december for sure.
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Post by Angelus666 » Wed Apr 05, 2017 11:01 am

If all the maintenance has been and done and it's in fair nick then at £9k why not...?! It's probably worth close to that if you were breaking it for parts... :lol:

BMW's do seem to be very mileage sensitive when compared to the Porsches of similar miles, but if you're planning on doing under 5k miles a year this seems a good enough buy.

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Post by Jez_m » Wed Apr 05, 2017 11:10 am

I guess my initial thoughts were buy it, tart it up and get it looking it's best, drive it for a couple of months then look to resale it for a small profit. Obviously if they are milage sensitive then i'd have to not keep it for too long... and try not to fall in love! :D

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Post by john-e89 » Wed Apr 05, 2017 11:40 am

I considered that one very seriously as as long as its had oil changes etc it needn't necessarily have any issues. The offputting thing is moving it on, imo you can tart it up all you want but it'll still have the mileage and as it's proving it's being very hard to shift, it's been up for at least 8 months if not more. The dealer won't lower it to private sale price, he'll just sit on it until somebody gives in and buys it which to my mind you would have to be looking long term ownership, enjoy it for a good few years, then move it on and take the expected hit. Just imo though obviously.
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Post by Buckz » Wed Apr 05, 2017 11:45 am

john-e89 wrote: Wed Apr 05, 2017 11:40 am I considered that one very seriously as as long as its had oil changes etc it needn't necessarily have any issues. The offputting thing is moving it on, imo you can tart it up all you want but it'll still have the mileage and as it's proving it's being very hard to shift, it's been up for at least 8 months if not more. The dealer won't lower it to private sale price, he'll just sit on it until somebody gives in and buys it which to my mind you would have to be looking long term ownership, enjoy it for a good few years, then move it on and take the expected hit. Just imo though obviously.
I agree! I doubt it's a bad car as such it simply is so high mileage that it will put any potential buyers as you can see by the current struggle to sell it.

in the future say you add 15-20k if you do 5k or so a year and try to sell it? will you want to keep it for 8 months while selling? doubt it.
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Post by Angelus666 » Wed Apr 05, 2017 11:59 am

Buying from a dealer and then looking to sell it to get a profit from a private sale seems a tad optimistic.

Buy it, drive it, enjoy it....and it'll probably be worth close to what you bought it for come sale time. Not many cars can offer that!

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Post by Jez_m » Wed Apr 05, 2017 12:24 pm

It's definitely the mileage that is the issue then. I would have been optimistic of making a small profit given current market values for these, although i do realise that what car's are advertised for and what they actually sell for are two very different things. Wouldn't be such a bad thing to buy it, enjoy it and break even on price though. I only do 4k miles a year at most also.

Might keep an eye on it, but if it's been around for 8 months and not sold he is most likely just sitting on it, waiting for someone to come along rather than reducing the price, as John pointed out.

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Post by Angelus666 » Wed Apr 05, 2017 2:23 pm

How much do you want to pay for one..£7k....£5k...? You might be waiting a long time to find another one at such a low price.

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