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Alright, I live in NY and my friend owns a BMW dealership. They had a drainage back up and some BMWs got flooded up to the bottom of the dash. It runs and you can drive it, but some electrical stuff need to be fixed. Now is it worth it to buy it? The car new is $80,000 (BMW 750i) but he will sell it to me for $42,000 (or what is a good price to counter offer). He said I would most likely have to replace the electrical modules in the seats, stero and so on. The car has no miles on it. I really like the car and currently drive a 1998 BMW 7 series and love them. I know I can do most of the work myself and order parts, but is this a job not worth trying. Thanks alot and apperciate all of your help.
NOTE: Car still has clean title.
Last edited by vanvreede; 09-06-2005 at 03:53 PM.
Reason: Post pictures
Well anything that's been underwater is due to have ongoing problems. Water gets in where you cannot and it stays there. You could have major corrosion problems, wiring problems, rotting upholstery, all sorts.
Oh, man, replace some electronic modules? By the time you go through the cost of the parts alone you could be back up to $70k, and then there's the labor. Why don't you take on a simple project, like an old Jaguar XJS? You'll have fewer electrical problems-- : --and if you're in a rust prone area, it will come pre-rusted!
If he'd go down to 40K, hell I'd fly out there and get it myself... I'd say, sure it's not a bad price, but dont expect to get any $ if you try to sell it again...
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