M5 SMG Transmission
- Thread starter NVP
- Start date
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
Why not buy this? Facelift model, main dealer car - so a years warranty included.
http://www.bmw.co.uk/bmwuk/bmwauc/d...8@adm-xx,00.html?ch=_V0JTTkI5MjAwMENZMTAwODg=
Far better than taking a punt on a repo car from a salvage yard so you can 'get a good deal'.
Or maybe this if you want a bit more spec?
http://www.bmw.co.uk/bmwuk/bmwauc/d...8@adm-xx,00.html?ch=_V0JTTkI5MjBYMENZMTAwMzQ=
What were the upcoming service requirements on the car you viewed?
http://www.bmw.co.uk/bmwuk/bmwauc/d...8@adm-xx,00.html?ch=_V0JTTkI5MjAwMENZMTAwODg=
Far better than taking a punt on a repo car from a salvage yard so you can 'get a good deal'.
Or maybe this if you want a bit more spec?
http://www.bmw.co.uk/bmwuk/bmwauc/d...8@adm-xx,00.html?ch=_V0JTTkI5MjBYMENZMTAwMzQ=
What were the upcoming service requirements on the car you viewed?
Higher mileage, more expensive, less kit. Second one's not too bad though.
Had last service 5k back, new tyres & brake pads few months back, alloys refurbished 6months back.
Don't worry, I wouldn't buy if it's broken but why pass up on the chance to get a fully spec'd one for cheaper just because it's a repossession
Had last service 5k back, new tyres & brake pads few months back, alloys refurbished 6months back.
Don't worry, I wouldn't buy if it's broken but why pass up on the chance to get a fully spec'd one for cheaper just because it's a repossession
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Cars get reposessed when the owner - be it a company or an individual - cannot afford to pay for them anymore. If you need to ask why this could be a bad thing for an M5 and why you should excercise caution when finding such a car for sale from a salvage yard then I suspect I should go back to my original opinion that this is a disaster waiting to happen.
But... if it's got a full BMW service history, no record of any mechanical fault, still drives perfectly (better than the BMW Used Approved one might I add) and passes a full mechanical inspection then I don't see a problem with it.
The car was repossessed because the company went under, not because some guy fell behind on his payments because he couldn't afford to put petrol in it.
I understand your concerns, I feel them too. But if the car is thoroughly checked by professionals then that eases my mind.
The car was repossessed because the company went under, not because some guy fell behind on his payments because he couldn't afford to put petrol in it.
I understand your concerns, I feel them too. But if the car is thoroughly checked by professionals then that eases my mind.
'The company' is 'the person' in this example. The company went so far beyond simply falling behind on its payments it actually went bust.
But it's ok, its a proper deal mate.
Just cannot see the logic in chasing this car - its a prefacelift anyway - when similar examples at BMW main dealers exist for similar money. Ok sure they dont have the same 'spec' but the standard spec on the M5 is so amazing anyway you are hardly missing much. I mean do you honestly care about soft close doors?
Are you adding the cost of the warranty on-top when comparing how good a 'deal' it is? Because the warranty is included with the BMW AUC's.
I put the link up but removed it and trusted it instead.
Yes of course I'm including the warranty in the price, try and find a similar car at BMW and you'll be hard pressed. I know I don't need all the extras and if I find out it's a dog then I'll go back to looking for one with my specific requirements, but why pass up on the opportunity straight away?
Yes of course I'm including the warranty in the price, try and find a similar car at BMW and you'll be hard pressed. I know I don't need all the extras and if I find out it's a dog then I'll go back to looking for one with my specific requirements, but why pass up on the opportunity straight away?
Caporegime
C'mon use your common sense.
They didn't have the money to pay to have the cracked windscreen repaired, what else did they leave un fixed ?
I think we are fighting a losing battle. He's convinced himself he wants an M5 and therefore any sensible and logical arguments against either the idea in general or the one he's found that he can squeeze into budget will simply be dismissed
Caporegime
The fact it has a windscreen crack should be of major concern.
Take the electronically controlled adjustable dampers that's part of the EDC system. If those (for example) are slowly leak fluid over time, the salvage firm can just wipe the fluid off and claim they knew nothing about it, nor will the owner see it on a test drive.
Its highly that something like that wouldnt get noticed till months after he bought it when the OP is wondering what that strange fluid is in his parking space. And if BMW find the fault on the inspection prior to the warranty he'll be left replacing the dampers at his own cost, which cost mega bucks.
Theres so much 4 figure stuff that can go hidden on a car like this it becomes financial suicide.
Sadly i think you're right Fox
Take the electronically controlled adjustable dampers that's part of the EDC system. If those (for example) are slowly leak fluid over time, the salvage firm can just wipe the fluid off and claim they knew nothing about it, nor will the owner see it on a test drive.
Its highly that something like that wouldnt get noticed till months after he bought it when the OP is wondering what that strange fluid is in his parking space. And if BMW find the fault on the inspection prior to the warranty he'll be left replacing the dampers at his own cost, which cost mega bucks.
Theres so much 4 figure stuff that can go hidden on a car like this it becomes financial suicide.
Sadly i think you're right Fox
Which is why I want to get it inspected first. I know it's a bargain with the potential to be a dog, I've gone in thinking it's too good too be true from the moment I saw the add which is why I want everything checked over first.
You guys are acting like I'm buying this car from a back street ally without even looking at it.
FYI the screen was cracked at the salvage yard during the winter, not by the previous owner and then left unrepaired.
You guys are acting like I'm buying this car from a back street ally without even looking at it.
FYI the screen was cracked at the salvage yard during the winter, not by the previous owner and then left unrepaired.
Caporegime
You're buying it from a salvage yard, it may as well be a back street ally. Remember the price reflects what you are buying. its cheap for a reason. As for the screen crack, did you see it ? salesman will feed you any BS to get you to buy it. Do you really think if it came like that they would tell you ? and considering the high value of the car, why doesnt the person selling fix the windscreen prior to sale ? would avoid a lot of awkward questions. They simiply don't care because they are selling to mugs who don't know what they are getting themselves into. Don't be one of them.
who are you paying to inspect it ?
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I think it was to give the company some allowed time to buy it back or something like that.
I'm not sure on the inspection which is why I asked for advice. AA won't quote, RAC are yet to get back to me, BMW want it all day but I'm not sure if the owner will allow that, will ask tomorrow.
I'm trying to find someone else but not sure where to look for someone with the knowledge and experience.
I'm not sure on the inspection which is why I asked for advice. AA won't quote, RAC are yet to get back to me, BMW want it all day but I'm not sure if the owner will allow that, will ask tomorrow.
I'm trying to find someone else but not sure where to look for someone with the knowledge and experience.