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Discussion Starter #1
So im in the process of getting a e39 m5. I got it down to 33500 out the door from RENO, Nevada. Im going to fly there from LA, CA. to go pick it up and drive it back to LA. Its a 2002 Lemans Blue E39 M5. 37k Miles. Owned by a old Guy with lots of cars but a friends dealership is selling it for him. Has a clean carfax record. Been serviced at a BMW dealer. Has everything but PDK,Folding rear seats, and side view mirrors dont fold when parked. Has Navi, Electric rear sunshades, Alcantra headliner. ill probably end up spending about 500 on gas plane ticket and everything else. Heres some pIcs.. Tell me watcha think. Did I get a good price on it? O i havent seen the car or anything yet. But it looks great in pictures. and looks clean.














 

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1. Do you know what a PPI is?
2. Did you get one?
3. What did it say?

Price, mileage, #owners do not provide adequate information. A service history and impartial/knowledgeable PPI trump those.

Good luck.
 

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Discussion Starter #3 (Edited)
1. Do you know what a PPI is?
2. Did you get one?
3. What did it say?

Price, mileage, #owners do not provide adequate information. A service history and impartial/knowledgeable PPI trump those.

Good luck.
Should i have one done? I mean It seems pretty clean and pics of it and everything? Ill probably have one once i finalize the dealwell actually i just talked to the Dealership and hes gonna try and get me a to talk to the service manager of their BMW dealer and try and get me Info about it cause it recently had one and was at the bmw dealer
 

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Should i have one done? I mean It seems pretty clean and pics of it and everything? Ill probably have one once i finalize the deal

Why not be 100% sure the car is O.k. It certainly wont hurt you, it can only help you. If, you have a friend thats a mechanic take him with you. The car looks clean in the pics...Good luck.
 

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If the car checks out, I'll say yes.. probably a fair price. It is about what I paid for my '00 two years ago with higher mileage. Personally, I'd never agree to purchase a car without first flying out to see it and test drive it. PPI is always wise, but documentation can go a long way to building confidence.

Be sure to get the records pulled during your visit and go through them (service codes may need to be translated at the dealer). Check the records for major items (clutch, brakes, etc). Try to arrange for an inspection before you leave town.

G/L

Dave
 

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when did the orange corners change to clears? I thought that was 2002? Must have been after this build anyway.
Car looks good, story sounds right.
Do all as said above, PPI, drive it etc.
 

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no ifs ands or buts -- absolutely get a PPI

and have them detail it if you end up buying it.

price is good assuming all checks out okay...
 

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I pretty much agree with what others have said.

1. Definitely get a PPI from a reputable shop. Talk to the guy doing the inspection. This will basically be a mechanical inspection, but get a list of all the things that will be done during the inspection so you can go over it with the tech.
2. Review the service records from the BMW dealer that serviced the car. If the SA there won't give it to you, ask the prior owner to get the records for you.
3. Ask the owner (if he is impartial, which he may or may not be) how much oil the car uses between changes and how often the oil was changed. There is no "right" answer here as BMW spec allows for quite a bit of oil use. The best case scenario is oil changes at least every 7500 miles (e.g., double what the computer says is "needed"). For a MY 2002, acceptable oil use between 7500 mile oil changes (IMO) is essentially none if TWS 10-60 is used and approx. 1 to 1.5 qt for 5-30. Obviously oil use partially depends on driving style, so factor this in.
4. Be prepared NOT to buy the car if you fly out there and all is not as it should be. This is the hardest thing to do, as every inch your being will want to drive off in the M5. Visually inspect the car, look for evidence of prior painting or body work. Then, of course, DRIVE the car. It helps if you have driven a good example before, but make sure you do some hard 1-2 and 2-3 shifts and check for clutch slippage. Despite what the dealer may think, you have not bought the car yet!
5. Side mirrors don't fold up = broken, as this was a standard feature as I recall.
6. LFCO9, the lights pictures are the 2001-2003 freshened angel eyes sold in the US. While some people change the bulb to a silver one for a cleaner look, any true clear corner angel eyes in the US are after-market.

Good luck!
 

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Discussion Starter #10
Im definitely gonna test drive it and everything. ive test driven only 1 m5 a while back but not if it was a good one or not. Im definitely gonna try and get the PPI, and service records of the car. The dealer is good friends with the service manager over there and is gonna try and get me to talk to them. other than that anyone here located in RENO, Nevada thats wants to check out the car for me for some lunch or dinner?? Id be very greatfull..

thanks for the response
 

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Should i have one done? I mean It seems pretty clean and pics of it and everything? Ill probably have one once i finalize the dealwell actually i just talked to the Dealership and hes gonna try and get me a to talk to the service manager of their BMW dealer and try and get me Info about it cause it recently had one and was at the bmw dealer
O

M

G

!

Of course.

Act as if you are buying a used car from a used car LOT. Do not think they are BMW. Indeed, there is usually a reason they will not move a used BMW from a non-BMW store to the BMW store...

If the dealer is "good friends" with the BMW service manager then DO NOT USE THAT BMW DEALERSHIP for a PPI. (Tell you what, if he is such a pal, have them send you the complete BMW warranty and service history- with any owners ID names blacked out of course. Good friends, right?)

Post a new thread asking if a Las VEgas member can do a driveby.. and who can recommend an M5 specialist. (Not just BMW) I am sure someone will help out.

You need to basically assume EVERYTHING that has been told to you is untrue- believe only what is in writing and what can be verified by 3rd party.


1. Have a driveby done.
2. You should nail down the terms of the deal- have it faxed to you.
3. Have a PPI done. Have the written report faxed to you. Speak to the mechanic about his impressions.
4. renegotiate based on PPI findings
5. Flyout and buy it



GL

A
 

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6. LFCO9, the lights pictures are the 2001-2003 freshened angel eyes sold in the US. While some people change the bulb to a silver one for a cleaner look, any true clear corner angel eyes in the US are after-market.

Good luck!
OK. I didn't know you guys didn't get the silver look on the corners, instead of the older orange corners. No sweat.
:cheers:
 

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Discussion Starter #13 (Edited)
Help from Nevada (Reno or Lake tahoe)

Basically im not flying out or maybe driving out till i know all i have to do is sign papers and drive away. I mean being a 2002 1 owner car. great price. low mileage really have that many problems already? carfax shown every service was done at a bmw and specific. i wanna get the service records and see if there is enough info on it i wont probably get the PPI. Just to save some money.
 

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get me the last 7 of the vin i pull a service history for you
 

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here ya go

[Edited out to perhaps save M5 deamon from getting fired!]

[PM me with any questions...]
<!--- grey line --->
 

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no problem and if it dont work out i got a nice lemans blue for you 2003 mso car never been titled cpo warrenty 1640miles on it we bought it from bmw na they had lost the beast in the basement of headquaters for 4 years hahaha
 

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saiko-

Service history is a testament to the knowledge/attentiveness of the owner and his dealer, over the first 4yrs, at least.

PPI is a testament to the condition of the car now: what's worn, what's leaking, what needs fixing, etc.

Brake fluid is every 2yrs. Coolant is every 3yrs. Based on this kindly-provided service history, this car is possibly 4yrs (2 changes) behind on Brake, and nearly 4yrs (1 change) behind on Coolant.

It is also likely that this car is staring at -- or overdue for -- Inspection I.

The ramifications of all this and more should be divulged to you by a qualified independent inspection.

Absent being a "deep pockets" or "ignorance is bliss" buyer, ignore the PPI at your own peril.

To be clear: people here who harp on PPI/ServiceHistory are not trying to influence you to buy or not. Instead, they are trying to help you avoid the aggravation of looking back on a purchase with regret. We have trouble assigning value to something lacking due diligence.


m5deamon -

What does "mso" stand for?
 

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Could be a PM would have been better... but that's just my opinion. gotta love that top headline:

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