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Originally Posted by rickjames1978  Okay, I am new to this forum. However, I have been in the market for a 745Li for about 2 years. My best friend lives in Alabama and he is going to sell his 2002 745Li to me for what he owes(about $18,000) because he has money like that. I have personally viewed and drove the car. It's in excellent condition with no real issues. It has 90k miles on it which is about right on for a car from that model year. The blue book value is around $28K, but he was offered $30K because of the rims and custom paint job. Even though this is my best friend, I checked the carfax reports and it has a clean history.
Now, after reading all that, I am sure that you are thinking, this is a no-brainer. However, I want to know some of the issues that others with that make/model/year are having or had. I know that there weren't many changes between 2002-2004 that were tremendous.
Thanks |
Okay, that car should have the factory extended 100,000 mile warranty on it. There is a reason for this though. Everything goes wrong on the early 7's. I mean everything..... at least twice. I hate to sway you, but if you like have a car in the shop more than you do in your garage, do it. If not, then wait and get a newer one. BTW there is supposed to be a new one for '09. Which typically means the old style drops in value. So unless you are in a hurry, i'd wait for the depreciation following the new design and then purchase a newer one.
