Am I the only person who is still a bit confused at the logic in this thread?
"I don't like the potential of big bills on a BMW... So I'm looking to buy a Jaguar".
It's not that simple though is it, you could break it down to that I suppose but really it's more of a case of degree of risk, or degree of perceived risk from me and then willingness to address any problems.
This particular BMW has issues, I know it does, they've been ongoing and it has had a fair amount of money spent on it and it needs quite a bit more really. I can see the writing on the wall so to speak, and I want to quit on this one now and let someone else pick up the task (I've given them a damn good head start really). Another car, such as a really well cared for Jaguar may very well work out quite a bit cheaper.
It's not the day to day running so much as all the extra costs. I don't believe this one is worth it anymore, and also as of yesterday I am now faced with the possibility of maybe not being able to spend money quite so liberally on car problems.
It's all a case of degree of risk, and this one is too risky now in my mind. It may very well go on until the end of days like it is and nothing ever actually breaks, I can't really know one way or the other. But it doesn't sound or feel right, I've had a nagging feeling about it for a long time now and I've had enough of feeling like I really can't rely on it.
I know it could all be restored to perfection with a total strip-down of the front of the engine and replacement of the timing chain guides, secondary tensioners (I've done the main chain tensioner already), VANOS units and then upper/lower timing case gaskets, intake manifold gaskets and the throttle body gasket. That would certainly do it, it could probably be done without actually going to quite those lengths but that's what I know would make it run like new. That's thousands of pounds worth of stuff though, very, very much less if you can do it yourself though, and it's not 'that' hard if you have a garage to work in (I don't) ...but it's not something you can do in a day as a lot of stuff needs to come out.
Also the rear suspension still needs addressing, it rides fine and handles fine it just clunks on the left. Then we have a little rist in the nearside rear wheel arch, some very slight bubbling inside the fuel filler cap and a bootlid that really needs respraying as it has a rust spot on the ended, damaged paintwork and soem cracked laquer. Then there is the issues of a few pixels out in the MID (radio/computer control unit in the centre console), so this needs to come out and either have the contacts painstaking cleaned and repalces or a new ribbon cable applied (that's not exactly plug and play either, but not really much of a problem)
Oh then we have one of the belts or pulleys making a ratehgr unplseant noise when the car is started from cold, this does stop after it's warmed up a bit though but even so, I don't like it. I know it's in the main auxilary system, so the main belt, alternator, water pump and power steering pump are all involved and it could be anyone of them or associated pulleys.
It could also do with a gearbox service, which again isn't quite as easy as it sounds, but also the main shaft seal on the input shaft is leaking, so the gearbox needs to come out to repalce this really (it's not a bad leak and could be left longer, but ideally it does need attention at some point) ...also the steering box has a minor leak, this is probably the smallest issues though as it's so minor I still haven;t had to top the fluid up since it was discovered on the cars Inspection II just after I had it, but if I did want to replace it, a steering box for a 540i is £2200.
See my point about
this car now ? ^
It probably doesn't make sense at all if you simplify it to the point you did, but it's far from black and white to me. I well known and understand what cars like this are like and take to run, it's not as if I am going into something without any concept of what's involved. Make sense ?