A friend of mine is offering to sell his 2006 BMW 318ci M-Sport (~70k miles) to me for £3k - it's been valued over the phone at £3.5-4k from a dealer who is willing to buy it, he's taking it for an 'official' valuation this weekend. All being well, does £3k seem like a bargain price or not really?
I wouldn't normally consider a 4 pot BMW and would rather a straight six, but seeing as I could potentially change from my current car (2005 Focus Zetec 1.6) without much outlay I'm quite tempted.
Reason for the cheapish price is that he's moving abroad for work and as part of the deal they will give him 50% of the value of everything he has to sell in the move (ie car, bike etc) as a sort of relocation perk/bonus. Hence he's not fussed about selling to me for a knockdown price.
He's owned it for about the last 2.5 years/20k miles, so a fairly reasonable time. What do I need to look out for? I know E46's aren't horribly unreliable but I believe they need to be looked after so they don't end up as a money pit.
Any advice welcome.
I wouldn't normally consider a 4 pot BMW and would rather a straight six, but seeing as I could potentially change from my current car (2005 Focus Zetec 1.6) without much outlay I'm quite tempted.
Reason for the cheapish price is that he's moving abroad for work and as part of the deal they will give him 50% of the value of everything he has to sell in the move (ie car, bike etc) as a sort of relocation perk/bonus. Hence he's not fussed about selling to me for a knockdown price.
He's owned it for about the last 2.5 years/20k miles, so a fairly reasonable time. What do I need to look out for? I know E46's aren't horribly unreliable but I believe they need to be looked after so they don't end up as a money pit.
Any advice welcome.
