11-20-2017, 07:36 PM | #1 |
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Looking for high mileage F80 M3 buying advice
Hey guys,
I'm going to look at an M3 near me in a few days and I'm looking for some feedback from those of you that have driven your cars beyond 50k miles. What kind of issues/maintenance items have you needed to address? The car in question has just over 100k miles. The PO drove it 100k miles in a little over two years. It's a one owner, no accidents, 6-spd, medium optioned car. They are asking $35k. I'd be getting rid of my current F30 335i for the M3. Just not sure what to expect in terms of mechanical failures/worn components. If I were to buy it, I'd immediately be doing all fluids, filters and spark plugs just to get a base line, and cross my fingers that Blackstone returns good results. I'm no stranger to high mileage BMWs, I drove my old E46 M3 to well above 200k. Just not 100% confident in these new turbo cars. Thanks Guys
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11-20-2017, 07:50 PM | #3 |
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It sounds like the PO did all highway miles, but $35k might still be too much for that car. I'd expect to see a mild depreciation on MY15 and MY16 M3s in about 2.5 months, so you will easily lose another $4-5k value in that short period of time.
Unless the PO can provide a plethora of service records (10 oil changes minimum, spark plugs, brakes, etc) then personally, I wouldn't recommend anything more than $28k. |
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11-20-2017, 08:15 PM | #4 |
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I think $35k is a fair price.
A 2015 with 40k Miles is $50k What can go wrong at 100k to cost you $15k? Turbos - $4k Everyrhing else is neglible In Europe people drive these things for many many miles |
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11-20-2017, 08:17 PM | #5 | |
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The carfax shows only 6 oil changes and two spark plug changes. Plus I don't see the break in service? Luckily the dealer selling the car is also the dealer where it was bought and serviced during the PO's ownership. I'm hoping they have more service records.
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11-20-2017, 08:23 PM | #6 | |
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My last M car was an E60 M5, and it was not easy on the wallet despite it only having about 70k miles. My E46 M3 on the other hand was awesome, even past 200k miles.
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11-20-2017, 08:26 PM | #7 |
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Aside from big ticket items, higher mileage cars can get expensive with the smaller gremlins and long-term maintenance items popping up every few months. $500 here, $1,000 there and so forth. If you drove your previous car past 200K miles you are well aware. Personally, I'd worry less about the mechanicals of the newer generation car than an older one in most cases.
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11-20-2017, 08:27 PM | #8 | |
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I would definitely have a BMW specialist shop do a proper PPI before even thinking about making an offer. If the dealer isn't willing to let you do this, then move on. |
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11-20-2017, 08:36 PM | #9 | |
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11-21-2017, 04:59 PM | #10 | |
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If you can't DIY these maintenance/repairs, it will be costly to have a shop do it. |
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11-21-2017, 05:49 PM | #11 |
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100k is just a mental barrier
I’d take a 100k highway car over a 50k City car Bushings, dings, maintenance items etc. |
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Mr. Tasty427.50 CharlieVictor29.50 |
11-21-2017, 06:04 PM | #12 |
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I typically stay away from high mileage cars, especially an //M car but to each their own.
As previously stated, Extensive service records would need to be provided, the vehicle would need to clear an independent mechanic inspection, etc. It all comes down to how the car was maintained. If there are no records to indicate how it was maintained it would be a red flag for me. One owner helps, as does the clean carfax but again...just depends. 6 service records seems a little light on the car. At minimum you should be changing oil every 10k miles (I actually did every 5k on mine after the initial break in and 10k service). 100k mileage car would be 10 service oil changes minimum. Check with your dealer as they would have more accurate service records than carfax if it was indeed serviced there. Recent reliability has certainly improved on newer BMW's and the S55 has been a pretty solid platform on the F8x. I wouldn't worry too much about anything major other than replacing basic routine maintenance items if everything checks out but again a high mileage car will always be more prone to the risk of expensive repairs. It's a machine and things can happen. Nothing is cheap really on an //M. You also might want to consider waiting just a little longer. M3/4's are only going to keep depreciating and we are nearing the end of the current cycle. You may be able to pick up one with lower miles at a better price in the near future. Last edited by IDBGOD; 11-21-2017 at 06:11 PM.. |
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11-21-2017, 06:29 PM | #13 |
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My advice (last car was also E60 M5) is to get an extended warranty. If you have USAA they have the best! I maxed it out on the M5 (go figure) and I never had an issue with filing a claim.
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11-21-2017, 06:36 PM | #14 |
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11-21-2017, 06:50 PM | #15 |
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Probably very difficult to find an extended warranty for a car with 100K miles, particularly at anything close to a reasonable price.
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11-21-2017, 07:18 PM | #16 |
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good peeps at Freehold BMW, but over 100K miles for $35K....better off finding a car at $45K with half those miles and half the headaches imho...you'll pay $10K over the lifetime of that 100K mile car more quickly than a 45-50K mile car. Be prepared. It sounds like you want to get into a M3, but can't finance $45K-$50K used. Just be prepared to shell out $$$ if the 100K mile one becomes a burden especially a high tuned german car with that mileage...you will pay either way. And to dump it you will take a hit as well and will be hard to find a buyer.
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11-21-2017, 07:22 PM | #17 | |
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I wouldn't "upgrade" a 335 to an extended use M3. |
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11-21-2017, 08:22 PM | #18 |
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Agreed. Certainly that's fairly common among BMW owners but I'd say the majority lease so they have never even scratched 100k. The funny thing is that due to modern manufacturing most modern cars if they fail will fail epically within the first few miles. Once you've hit 100 miles the chances of a catastrophic failure go WAY down (why do you think they push extended warrantees so much?). Now some folks may not be willing to stomach say a $2000 repair but if that $2000 gets you another 50k in life out of the car then That's money well spent vs the cost of buying another. Everyone obviously does their own cost/benefit here but I've always been more than willing to take the "risk" of higher mileage. Hell in my old career where I'd log some serious miles I used to regularly buy 100k+ mileage vehicles drive them into the ground and pick up another after flipping a now 200k vehicle for not much less than I paid for it. Granted I stuck to Lexus primarily for comfort and never ventured to a BMW.
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SStoneF804.50 CharlieVictor29.50 |
11-21-2017, 08:41 PM | #19 | |||
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11-21-2017, 08:58 PM | #20 | |
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Saying a 100k mile car is fine is foolish. It may or may not be. Maintenance needs to be planned for. Two of my three M cars are over 100k so I'm no stranger to the "100k mile mental barrier" |
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11-21-2017, 10:56 PM | #21 |
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if it was a V8 I would say no..
if I don't drive alot of mile I might consider it. 6 speed is much less likely to give you problems. if turbos seal or bearings go I would use for cores and upgrade. |
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11-22-2017, 03:33 PM | #22 |
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The idea doesn't terrify me, but I'm not all giggly excited over the deal as well. I'd just be prepared for turbos, suspension refresh, cooling over haul etc if I talked myself into the deal.
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