Just been offered a 1996 750iL V12 for £1000

Buy it, run it, enjoy it.

Its only a grand for pete's sake - If you bought a brand new Focus you'd lose that in depreciation in the first couple of months, or maybe first month!

Or get 2 mates, and buy it between the 3 of you. Use it as a pool car :p
 
Like others have said, it's a thousand pounds. And if it get's a fresh MOT and he does the suspension work before selling it... :eek: You should have a good look through the history to see what's been done on it. It'd be interesting to see how much that thing has cost to run for the last 10 years!

Then, run it into the ground and when it breaks, break it!
 
I still dont see the point. What exactly are you going to do with it? 'Run it into the ground' for what purpose? It'll do 15mpg and you'll get niggly things going wrong with it which dont seem worth scrapping it for. Before you realise it you've sunk a grand into it over a few months and then something big goes and it's more of a difficult decision on whether to 'just bin it'.

All for what? For the sake of it? Just seems like a waste of time.
 
But why take the risk when the reward is a 15 year old 7 series?

Just cannot see the point. He even says he would rather have a Monaro.

Easy to make it all sound so simple and worth a gamble over the internet, eh.
 
The ONLY reason i would consider this would be as a trial,

going from a 2.0@130bhp to a 5.3 V12 is a BIG jump. then when i have saved up the cash (looking at May 2011) i would trade it in for a 06ish Monaro VXR.

Still it would put a £2k dent in my savings for the Monaro (car and insurance)
 
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If if its something you really fancy owning give it a go.

If it starts getting expensive, pay up to fix whatever is wrong and sell up. If you can get 12 months without anything expensive breaking you'll have done well.
 
ca9phoenix said:
The ONLY reason i would consider this would be as a trial,

going from a 2.0@130bhp to a 5.3 V12 is a BIG jump. then when i have saved up the cash (looking at May 2011) i would trade it in for a 06ish Monaro VXR.

Still it would put a dent in my savings for the Monaro
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I just think it's a fundamental waste of time. 15 years ago it was the ideal car for the wealthy businessmen whose company paid for the apalling fuel consumption and for whom BMW paid when it went wrong.

Now, it's pointless. Its life is over and it serves no purpose because few people with £1k to spend on a car want a ticking time bomb that does FIFTEEN miles per gallon yet still isn't even THAT fast in the grand scheme of things.

They are nice cars but the time is over. If you want an E38 something like a 740i is likely a more 'sensible' idea but much of the same sentiment applies.

If you've got the disposable cash to spend £1k on a car, fuel it at 15mpg and then simply shrug and walk away when it dies then what are you doing buying £1k cars in the first place.

MrLOL said:
If it starts getting expensive, pay up to fix whatever is wrong and sell up.
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And thats the problem, everyone just trivialises everything. Like its that easy. By the time it starts getting expensive you've likely already invested quite a bit in it - and if it has got expensive as if you are going to chuck £1k+ at fixing it so you can then sell it for.. £1k.
Keep saving for what you really want.
 
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