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Discussion Starter #1 (Edited)
Posted Today, 02:32 PM
I went to have a look at this car today:
http://www.ebay.co.uk/itm/2001-BMW-...5539027?pt=Automobiles_UK&hash=item3f382eecd3

It looks very nice but it was raining quite hard and there is an amber engine light on that needs checking (the garage said that they are sending to a BMW specialist on Monday). It started life in Hampshire and then moved to Glasgow before being sold to this garage from an owner in Aberdeen. On start up it rattled for about 2 seconds and then went quiet. I have not been out in the car yet. The bodywork has had paint on the rear bumper and there are early signs of rust on the filler, some rust near the rear number plate light and a 50p sized rust bubble on the sill just behind the OS front wheel.

There are only a few bills, one for a flywheel and clutch in 2008.

I am going again tomorrow with a friend for a second opinion but would really appreciate opinions here, or some info if you know the car.
 

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It looks like a nice car from the pics.

Try and work the revolving platform into the deal for your garage. How cool would that be to open your garage door and just stand there and admire the beast in all its glory. :thumbsup:

And by beast I mean the M5...:rofl:
 

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Hard to tell but from the pics the rear rotors look shot.
 

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Discussion Starter #9 (Edited)
Unfortunately had to walk away from this one, but I am gutted.

When I initially arrived that the garage the salesman said that he was willing to do a deal if I took the car as it was (this was before I had even checked the obc). He said that it was not worth him pouring money into making the car perfect (very understandable) and that he expected it to be sent off to auction on Monday (a but pushy, but thats his job) he seemed to just want to basically flip the car. It was a part-exchange deal on a £14k car.

The obc error code pointed towards a throttle control issue (I think it was p1581), the paint on the bonnet was patchy, like the lacquer had peeled and then been buffed out leaving large shallow crater effects on the surface. We cleared the code to see if it came back and it didn't.

At idle the car engine was quiet and smooth, there was a lot of oil on the dipstick before I started it up (right over the top of the mark) but even loads of oil can't mask problems can it?

When the car was revved it stumbled a little at first with maybe a slight tappety sound. I test drove it before seeing the bonnet situation and it drove well, nice and smooth, although when I got more confident and floored it something odd happened.
At about 5500 rpm with WOT the engine revved up to 6500-7000 as if the clutch was slipping or it had lost traction (it had not lost tration) and then dropped back (although I did back off). It drove fine at normal speeds after that and pulled well.

I wasn't even going to make him an offer, the price is £6,990 and I felt like offering him £5,000 at best with still concerns over the above issues.

I also got a lesson in build quality, not as good as an E34 which surprised me. (boot and door closing not as solid sounding)

Thanks for all the input I will keep looking.
 

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I also got a lesson in build quality, not as good as an E34 which surprised me. (boot and door closing not as solid sounding)

Thanks for all the input I will keep looking.
A well maintained E39 will be heaps and bounds better than an E34. I wanted an E34 a few years ago and all the ones in my area were in really tragic condition. So I think this is more a case of the particular car, which was clearly neglected, versus an E39-specific issue. The E39 is just a more evolved version of the E34 after all.

Thats just my .02 at least; and there are plenty of other cars to choose from, you will surely find one in the condition you are looking for.
 

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Sounds like you did the right thing by walking away. When you come across a well taken care of e39, you will be surprised at the differences between the that one and the one you just passed on.

A well taken care of e39 will bring you lots of joy where as the neglected one can be a possible nightmare. Don't get me wrong, there are costs involved even on a good beast to keep it maintained to its proper form, but there is a reward for that cost.

I had a friend who was looking to buy one recently. I kept emphasizing to him to be patient and find a good one and pay the extra money for it. He was impatient and found one that needed just a "little" work. He bought and the nightmare began and it was issue after issue till finally he sold it because the costs were eating him up. I don't believe he made it 5 months.

I hope you find the perfect car for you. Good luck.
 

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Posted Today, 02:32 PM
I went to have a look at this car today:
2001 BMW M5 4.9i M5 Blue | eBay

The bodywork has had paint on the rear bumper and there are early signs of rust on the filler, some rust near the rear number plate light and a 50p sized rust bubble on the sill just behind the OS front wheel.

There are only a few bills, one for a flywheel and clutch in 2008.
Listing says, "Full service history, Excellent bodywork" and "Full service history with 10 service stamps 6 main dealer BMW and 4 independent garages". This does not coincide with your description. I would be weary.

[edit: looks like you made the right move.]
 

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Keep looking. It took me about 6 months before I finally settled on mine. Most of the costs incurred thus far are maintenance, replacement of worn parts, or upgrades which is much more enjoyable than trying to find the little things wrong.
 
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