1997 540i touring for... £1690?

ramirez

ramirez

ramirez

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Have a look in the usual places, theres an auction for a 1997 540i touring for £1690.

Are they really this cheap now or is that a bad catch?
 
SPECIFICATION

Make: BMW
Model: 540i Touring
Registration Number: R247 NFP
Engine: 4.4 V8
Transmission: Automatic (Steptronic with Sport & Manual Modes)
Mileage: 154,900
Colour: Biarritz Blue
Interior: Grey Sports Leather / Walnut Cappings
Wheels: 17" BMW Y-spoke 80 Split Rims (Rare)

MOT: 20/04/11
Road Tax: Will put 6 months on this week

SERVICE HISTORY:



Pre Delivery Inspection - 6 miles - Sytner BMW Leicester

Oil Service - 10,340 miles - Sytner BMW Leicester

Inspection I + Micro Filter - 21,873 miles - Sytner BMW Leicester

Oil Service - 31,211 miles - Sytner BMW Leicester

Oil Service + Coolant + Micro Filter - 45,627 miles - Foremark Garage Leicester

Inspection II + Micro Filter - 63,871 miles - Foremark Garage Leicester

Oil Service - 73,032 miles - Foremark Garage Leicester

Inspection I + Micro Filter - 95,091 miles - Foremark Garage Leicester

Oil Service - 104,938 miles- Park Lane BMW London

Inspection II +Brake Fluid + Coolant + Micro Filter - 121,161 miles- Park Lane BMW London

Oil Service + Micro Filter - 122,953 miles - Cooper BMW Norwich

Inspection II + Coolant + Micro Filter - 141234 miles - Thorpe End Garage BMW Specialists

Oil Service Completed by the previous owner 3 months ago and fully inspected by me this week (I am owner of the e39 owners club and theBMshop.com), I will stamp the book and reset the lights.
 
Those wheels are foul and really don't sit right with the car.

Cue Moeks to talk about the pitfalls of a cheap 540i.
 
I'd hazard a guess that it's because it's a 13/ 14 yr old car with 150k miles on, whilst it's not exactly going to break down tomorrow, 150k miles isn't really that desirable to the major public so the price will have to justify that. I don't know much about that specific model but i wouldn't say it was that cheap, or that expensive for that matter. Sounds like it's been looked after though :)
 
i just want a decent estate car, that will rarely be driven, for not a lot of initial outlay.

So tbh mileage is not really that much of a concern - i could do worse than have a look at it.
 
I'd rather have a £1500-£2000 e34 than e39. A £2k e34 will typically be in good condition, plus there is less to go wrong and they are simple to work on.

However if you can get to see that 540i before the auction ends, it may well be worth a look.
 
paradigm said:
I'd rather have a £1500-£2000 e34 than e39. A £2k e34 will typically be in good condition, plus there is less to go wrong and they are simple to work on.

However if you can get to see that 540i before the auction ends, it may well be worth a look.
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theres a nice purple e34 up on the wirral as well so I might check em both out this week.
 
Pointless car. At this money even a nice one might cost that again over a year so what's the point?

Cheap cars need to be cheap to run.
 
[TW]Fox;17556411 said:
Cheap cars need to be cheap to run.
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Depends - if you simply want basic transport on a budget then I agree.

OTOH if you want something unusual or a older premium marque and you go in with your eyes open then I don't see the problem. My cheap car has been quite expensive to run, but I knew it would and a more expensive example would still wouldn't have been cheap to run.
 
[TW]Fox;17556411 said:
Pointless car. At this money even a nice one might cost that again over a year so what's the point?

Cheap cars need to be cheap to run.
Click to expand...

At that price it is almost disposable though if anything serious happens
 
I'd buy it, drive it and put it back on eBay when something big goes wrong. Even with a knackered engine it's bound to be worth £500 for spares. Maximum exposure, £1190.
 
Adz said:
I'd buy it, drive it and put it back on eBay when something big goes wrong. Even with a knackered engine it's bound to be worth £500 for spares. Maximum exposure, £1190.
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This is always the way that I look at it. Whats the worst that can happen? If you're happy to have a punt for £1000 then go for it.
 
Adz said:
I'd buy it, drive it and put it back on eBay when something big goes wrong. Even with a knackered engine it's bound to be worth £500 for spares. Maximum exposure, £1190.
Click to expand...

this is my thinking to be honest -

however the violet e34 looks mint so i'm going to check that one out first.
 
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