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3-Series (E46, E90) Chat relating to the BMW 3-Series from 1999 to Current. Models include: BMW 316i, BMW 318i, BMW 318Ci, BMW 320i, BMW 323i, BMW 325i, BMW 330i, BMW 328 Ci, BMW 328i, BMW 325i/xi, BMW 330Ci, BMW 320d, BMW 330d, BMW 335d.

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Old 06-16-2004, 05:21 AM   #1 (permalink)
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HI all. I am new to the forum and have been reading posts to obtain tips on buying an E46 318i SE. Couldn't find any useful info so I am posting this. I have seen a 2002 318i SE in the UK. Its within my budget but the only down side is that its got 80k on the clock. It comes with a full BMW history and is RAC approved (for the benefit of forummers in the USA, RAC is similar to AAA in the USA). My question is should I steer clear of high mileage cars period? Only trouble is I am only interested in the E46 2002 model onwards (the front headlights face lift model from the original E46) and the only ones I can afford are high milers.

Thanks
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Old 06-16-2004, 05:37 AM   #2 (permalink)
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Hi, (I'm a uk member)

BMs are usually bulletproof.... usually. The smaller engines don't take the mileage as well as the larger 6s but are still pretty good.

As long as there is a FULL (preferably dealer) history with the car then 80k won't matter. If you think that the average annual UK mileage is about 12k and you'd probably want to ditch it after 3 year max, you are looking to put 40k on the clock.

120,000 is fine for a looked after bm.... but your resale value will be crap.

You might find that buying a more expensive one with less miles will get you your money back at the end of ownership.

example:
Buy: 2yr old - 14k - 318 - 80,000 miles
Sell: 5yr old - 6k - 318 - 120,000 miles

Buy: 2yr old - 18k - 318 - 40,000 miles
Sell: 5yr old - 14k - 318 - 80,000 miles

Obviously this is a rough example but essentially it will have cost you less after 3 years because of the residual value.

Original question - I'd buy a BM wityh 80k on the clock with history and all the gadgets I wanted.... otherwise I'd wait for a minter.
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Old 06-22-2004, 05:24 AM   #3 (permalink)
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Thanks Mr White G.

Some good points highlighted which I am sure I'll take into consideration when making my final decision.

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