Buying my friend's used BMW?

Discussion in 'Community Discussion' started by marchellobb, Sep 10, 2009.

  1. marchellobb macrumors member

    Joined:
    Apr 21, 2009
    #1
    Hey guys.

    I'm 18 years old, and just recently got the right to drive! I am aware that BMW's are high class cars that require expensive maintenance, insurance and gas fees, but i'm aware of that.

    My friend lost his drivers' liscence this summer, and he said he'd be willing to sell me his car. It's a 1989 3 or 5 series car, automatic with only 110 000 killometers (not miles). He would sell it for 1200$, which is the price he paid for a few repairs on it just a few months ago.

    All that's missing on the car is a front bumper, but i'm guessing a couple hundred bucks to get that back to shape.

    What do you think guys?

    [​IMG]
     
  2. Signal-11 macrumors 65816

    Signal-11

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    #2
    Never buy a car from a friend, if you intend to remain friends.
     
  3. dmr727 macrumors G3

    dmr727

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    #3
    Sage advice.
     
  4. marchellobb thread starter macrumors member

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    Apr 21, 2009
    #4
    He's more one of my friends' friends, i just saw him a few times.

    also... The car is a 535i
     
  5. thegoldenmackid macrumors 604

    thegoldenmackid

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  6. -Ryan- macrumors 68000

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    #6
    Truth. Very wise words.
     
  7. marchellobb thread starter macrumors member

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    Apr 21, 2009
    #7
    Guys xD

    He's not really one of my good friends, I just saw him a few time and i talk to him like once a month on msn. :p
     
  8. davidwarren macrumors 6502a

    Joined:
    Aug 28, 2007
    #8
    take it to a mechanic to have a look over. It could be in great shape, it could be a very large paperweight. We have no idea.
     
  9. -Ryan- macrumors 68000

    Joined:
    Jan 28, 2009
    #9
    It seems you just want someone to agree with you to purchase. Everyone here has said no, but if you still want to do it, go ahead, rather than hanging around waiting for agreement. :)
     
  10. Melrose Suspended

    Melrose

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    Dec 12, 2007
    #10
    That doesn't look like a 5 series. Only the 3, 6 and 8 came in two-door style.
     
  11. Signal-11 macrumors 65816

    Signal-11

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    #11
    If you're going to mention the 8s, you gotta bring up the Zs.
     
  12. sysiphus macrumors 6502a

    sysiphus

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    May 7, 2006
    #12
    Yeah, the car you pictured is an E30 3-series. I'd learn about what you're looking at before you make any decisions.
     
  13. EricNau Moderator emeritus

    EricNau

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    Apr 27, 2005
    Location:
    San Francisco, CA
    #13
    Sounds more like a $1200 subscription to me.

    Seriously, if he just paid that much in repairs not to long ago, you need to expect that you'll be paying just as much on a regular basis. Don't look at the purchase price of a vehicle; look at the annual cost of ownership.
     
  14. sikkinixx macrumors 68020

    sikkinixx

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  15. sushi Moderator emeritus

    sushi

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    #15
    Pretty old. Are repair parts readily available?

    Sounds like you may be paying a lot more in the future maintenance wise.

    Why is the bumper missing? Accident?

    It's 20 years old, has maintenance issues and is an expensive car to boot.

    Bad idea.

    Also, as others have said, never buy from a friend, or a friend of a friend if you want to maintain that friendship.
     
  16. taylorwilsdon macrumors 68000

    taylorwilsdon

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    Bay Area
    #16
    Y'all don't know what you're talking about.

    Buy it. That's a great price if it runs well. That's an E30 3-series, not a 5 series. Insurance will be cheap as anything else... full coverage on my M3 is $110 a month ($650/6 months)
     
  17. abijnk macrumors 68040

    abijnk

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    #17
    Reading fail? :confused:

    The picture provided isn't the car he would be buying and no one knows if it runs well, not even the OP.
     
  18. taylorwilsdon macrumors 68000

    taylorwilsdon

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    #18
    I don't see where he says the picture isn't what he's buying :rolleyes:
     
  19. Zombie Acorn macrumors 65816

    Zombie Acorn

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    #19
    Nice to see that the advice I came in to give was the first reply :D
     
  20. seven7seven macrumors regular

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    May 5, 2009
    #20
    just get a cheap honda.
    more reliable and cheaper to fix/insure/etc.
    don't waste your money.
    and don't even think "but its a bimmer it's cooler'.... it's a '89 - it is no longer cool OR luxury.
     
  21. ethical macrumors 68000

    Joined:
    Dec 22, 2007
    #21
    +1

    You can get a lot better for that money. Granted they wont be BMWs, but that thing is so old it's not worth flashing about.
     
  22. Melrose Suspended

    Melrose

    Joined:
    Dec 12, 2007
    #22
    Insurance was that cheap? I priced out a old 3 when I was looking for a car three years ago and insurance was through the roof. New York is expensive all the way around... :( :mad:
     
  23. abijnk macrumors 68040

    abijnk

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    Los Angeles, CA
    #23
    Post #4
     
  24. Nicolecat macrumors 6502a

    Nicolecat

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    Apr 2, 2008
    #24
    Just know this...If he spent that on repairs recently, expect to pay that amount for repairs again in the near future.

    Know before going into this that, it may seem like a good deal...but make sure to keep the friendship aspect out of it. That way, when something does go wrong down the road and you have to shell out the cash to fix it...your friendship doesn't go sour.

    Never do business with friends or family for that matter...it NEVER works out.
     

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