I've just seen a BMW 3 series for sale at a Ford dealership. The car looks really, really nice (2001 325i, tinted glass, manual, beautiful looks). It is priced about $3,500 below its dealer retail market value and $2,000 below its private party value.
However, the car apparently hasn't been through a traditional "Dealer inspection"... it was a trade in the dealer was just planning to send to an auction (it's going to an auction this monday).
There are 3 problems with it.
1) The battery is dead. We jumpstarted it, and the car was ok. I drove it for a few minutes.
2) The right rearview mirror is completely destroyed. Supposedly the wife didn't back up properly out of the garage (
The ABS and BRAKE signs are ON (Computer check). The mechanic told me that's because the electrical circuit is interrupted because of this mirror damage.
Does it sound like a plausible explanation?!
He said it would cost about $500 to get the mirror replaced.
3) The driver's power seat moves up, down, and other directions, but not forward and backwards...
The mechanic told me that he tried to fix it but could not. He said I should bring it to the bmw dealership. I know you can't tell me without taking a look at the car, many different things could be wrong... but how much does it typically cost to repair a power seat? What's the worst case scenario? $1,000 or up?
Apart from these problems, the car is
Do you think it might be a good idea / bad idea to take the chance and buy this car? Basically, i need to evaluate if the repairs might cost more than $2,000(the car is $2,000 below its private party's value). If it might, then I should probably not buy this car.
Thanks for any help, i need to take this big $$ decision before monday!!
2001, 325Ci, 66,000 miles, $16,000 (Edmunds' private party price estimate is $17,900).