Just been offered a 1996 750iL V12 for £1000

[TW]Fox;17956483 said:
If he's not had it overhauled before it's long past its best at 14 years old.
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zzzzzz. Sorry, you really are flogging a dead horse now... :p

Its a grand. Its built like a tank. Even if the suspension is on its' way out, so what? Any £1k car can fall apart catastrophically at some point, costing more than its' worth to get roadworthy again.

If anything, I'd say a £1k Fiesta or Corsa is far more likely to drop to bits than a top of the range luxo-barge 750iL.

The 'L' is the long wheelbase isnt it? :D
 
Robbie G said:
This having been Janet Street-Porter's car, the biggest problem of course is that the car will probably have been abused. She's a nutter!
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Its probably got teeth marks on the steering wheel from her overbite.

For £1000 its no biggie if it breaks - as said earlier, just sell it on ebay as spares/repairs.
 
matt_fsr said:
If anything, I'd say a £1k Fiesta or Corsa is far more likely to drop to bits than a top of the range luxo-barge 750iL.
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Fine, I give up.

You are obviously right. A £1k Fiesta is a more costly proposition maintenance wise than a 14 year old V12 7 Series.

I can't argue with such blinding logic, so I shall concede.

I will also be changing my half-the-age 5 Series for a 1996 750i, because it sounds like I could save a small fortune on running costs by doing so.

You heard it here first guys - mid 90's V12 BMW's - the cheaper alternative to a Ford Fiesta.

I love the way that on this forum when some of us refer to a £5k car as having no meaningful depreciation left or that the difference between 30mpg and 25mpg isnt really much we are being elitist snobs and not everyone is made of money, yet throw a V12 7 Series in a thread and suddenly its only £1k so it doesnt matter.
 
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[TW]Fox;17958509 said:
Fine, I give up.

You are obviously right. A £1k Fiesta is a more costly proposition maintenance wise than a 14 year old V12 7 Series.

I can't argue with such blinding logic, so I shall concede.

I will also be changing my half-the-age 5 Series for a 1996 750i, because it sounds like I could save a small fortune on running costs by doing so.

You heard it here first guys - mid 90's V12 BMW's - the cheaper alternative to a Ford Fiesta.
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I'm no Sherlock, but I think you're being sarcastic here.
 
[TW]Fox;17958509 said:
I will also be changing my half-the-age 5 Series for a 1996 750i, because it sounds like I could save a small fortune on running costs by doing so.
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Fox you're missing the point.

Your running costs are high because you get any and all little niggles and faults rectified by training specialist technicians and take absolute pride in keeping your car in as good as condition as possible and damn the expense (to an extent).

To be honest it seems like you're trying to apply your way of running the 530i onto this chap possibly buying this 750 in which case, yes it's going to be expensive, horribly so, but I don't think any car is going to be particularly cheap to keep on the road if you follow your slightly OCD tendencies toward ownership experience. I mean come on, talking about a "suspension refresh" on a £1k car is a bit "lol".

"***** Prestige" is all about running the car into the ground figuratively speaking. Does it start? Does it drive? Does it stop? Does it go around corners? If it does the above Awesome, rock on. Don't worry that the NS/R seat heater doesn't work and the TV only picks up Channel 4, and long as their is nothing safety related wrong forget about it and enjoy the rest of the car.

You might think "What's the point?" and to be fair, you're right and if you have to ask that question the concept is obviously not for you. Personally I'd see it as an opportunity to smoke around in leather clad land-barge with a thumping V12 upfront for not much money.

Put it this way Even if it requires Pads, Discs and a Service I suspect you'd see change from £500 (If not get a Tool kit and do the work yourself!). Buy the time everything is said and done I'd, even if it needed. It breaks beyond all hope of repair I imagine you'd still make a few quid breaking it/sticking it up on eBay as Spares/Repairs, let's call it £500.

So, if it only lasts a year that's a only grand down the "drain". Come on, People lose more than that in depreciation on cars that comparatively can't hold a candle to even an "ancient" 7 series.
 
And when something big goes on the engine, or parts of the EDC fail? You cant drive it without fixing it. And if you've spent £500 on discs, pads, servicing and then 200 quid on two *****-cheap tyres you are a tad more relucant to throw it away.

Its just pointless. This car has no real home anymore, leave it to somebody gullible and buy something else.

If you can afford to shrug off the costs of this car you can afford to spend more than a grand and buy one a tad nicer than an old 96 one. If you cant afford to buy a nicer one you cant afford this one.

It'll do 10mpg around town! Whats the point?! 10mpg to drive around in a 14 year old car, thats premium costs that is for what?

Just buy a 728i or something and smoke around in that.
 
[TW]Fox;17958939 said:
And when something big goes on the engine, or parts of the EDC fail? You cant drive it without fixing it. And if you've spent £500 on discs, pads, servicing and then 200 quid on two *****-cheap tyres you are a tad more relucant to throw it away.
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Well you shouldn't be reluctant. If you are, you've missing the point of ***** Prestige and to be honest, 95% of cheap cars. You've got to consider them disposable or else you have absoultely no right to whine about running costs if/when it breaks.


[TW]Fox;17958939 said:
Its just pointless. This car has no real home anymore, leave it to somebody gullible and buy something else.
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Not "gullible", just someone who knows how to work the concept properly. If the thought of repairing the car in the event of a terminal engine failure even crosses your mind (and you don't consider whipping an engine out on your driveway as "fun") then you haven't got the concept down correctly.

[TW]Fox;17958939 said:
It'll do 10mpg around town! Whats the point?! 10mpg to drive around in a 14 year old car, thats premium costs that is for what?
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Come on Fox.

Seriously, you're always the FIRST person to stand up and say the MPGzzz don't matter a massive amount when you're not doing massive amounts of mileage and/or mostly town/city driving...

What's so different here?

[TW]Fox;17958939 said:
Just buy a 728i or something and smoke around in that.
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You're missing the point again fox ;).
 
Joshy said:
Not "gullible", just someone who knows how to work the concept properly. If the thought of repairing the car in the event of a terminal engine failure even crosses your mind (and you don't consider whipping an engine out on your driveway as "fun") then you haven't got the concept down correctly.
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Somebody who knows the concept doesnt need to ask OcUK if he should buy a 750iL.

Seriously, you're always the FIRST person to stand up and say the MPGzzz don't matter a massive amount when you're not doing massive amounts of mileage and/or mostly town/city driving...

What's so different here?
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10mpg is different here. I get 20mpg and I dont care - because I do hardly any miles around town. Still costs me almost £100 a month in fuel. In a 750iL that would be £200 a month in fuel, just for my low town usage (I'm excluding my long distance stuff from these calculations).

Do you want to spend £200 a month just in fuel to do under 5k miles a year in a 14 year old car? If so, why?!
 
[TW]Fox;17959044 said:
10mpg is different here. I get 20mpg and I dont care - because I do hardly any miles around town. Still costs me almost £100 a month in fuel. In a 750iL that would be £200 a month in fuel, just for my low town usage (I'm excluding my long distance stuff from these calculations).
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Not everyone has the same usage profile as you Fox...

I on the other hand do absolutely nothing but town driving with short distances so my fuel economy is naturally in the toilet anyway, but the fact that I do a small amount of miles means that it doesn't really bother me as much as it could.

It all depends on circumstances if the car would make even a vague bit of sense. I nearly no miles and as such that's why I like my cars to have a bit of a sense of occasion when I do dust them off. For me a 750iL would be utterly epic, for you, not so. It all depends :).

[TW]Fox;17959044 said:
Do you want to spend £200 a month just in fuel to do under 5k miles a year in a 14 year old car? If so, why?!
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I do it for a 18 year old car, and Like I said, it's all for that "sense of occasion" :).

(Actually, only drop around £100 a month of fuel, but still)
 
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Joshy said:
Not everyone has the same usage profile as you Fox...
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No, but you asked me what happened to my 'mpg doesnt matter' ideals. My usage profile is probably the kindest to a low mpg car - as I just dont do huge miles unless I'm on a long trip somewhere.
 
usage.... 8 miles to work 8 miles home 5 days a week
300 mile run every 4 months or so

currently getting 20mpg out of my 2.0 focus and putting about £50 a month in in fuel

double that and i really don't care not like it will break the bank.

i put more in the wifes 4x4
 
ca9phoenix said:
usage.... 8 miles to work 8 miles home 5 days a week
300 mile run every 4 months or so

currently getting 20mpg out of my 2.0 focus and putting about £50 a month in in fuel
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Thats actually £90 a month at 20mpg or £180 a month at 10mpg. I suspect your Focus does rather more than 20mpg around town - my Mondeo 2.0 was always about 25-26.

A 728 or something would offer you 90% of the experience of the 750i with 50% of the risk.
 
[TW]Fox;17958509 said:
You are obviously right. A £1k Fiesta is a more costly proposition maintenance wise than a 14 year old V12 7 Series.

I can't argue with such blinding logic, so I shall concede.
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Who's talking about maintenance? Surely the idea is to buy it for £1000 and run it until it breaks. That might be 1 week, might even be a year. But as soon as something breaks that actually requires some serious money, that's the point to cash in what remains of the tax and stick it on ebay.

The total exposure is less than a grand. Talking about high maintenance costs is missing the point.
 
clv101 said:
Who's talking about maintenance? Surely the idea is to buy it for £1000 and run it until it breaks. That might be 1 week, might even be a year. But as soon as something breaks that actually requires some serious money, that's the point to cash in what remains of the tax and stick it on ebay.

The total exposure is less than a grand. Talking about high maintenance costs is missing the point.
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It's not missing the points at all, because if cost begins as a trickle, you'll do it.

If you buy it and a week later the engine dies, fair enough, bin, gone, never mind.

If you buy it and a month later it needs 2 tyres at £250, it gets them. It then needs a thingy fixing for £100. Then a month later another £200. Little bits which in isolation are not worth scrapping the car over.

Then the £1k bill arrives and you suddenly realise your exposure has crept up to the £2k mark making the bin or fix decision harder...

And to be honest if you are rich enough to bin a grand for a month of lulz you can get more lulz for £1k for a month than a 14 year old car.
 
Hi there

I have £1000 here, if your not buying it, I will come and pick it up tomorrow and give him £1000 notes, then if it explodes the following day, my loss.

So if you don't take it, tell him he's got a definite buyer for it and I will collect it. :)
 
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