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I love cars and know my fare share about them, but when it comes to BMW's (something I have never really thought about purchasing until recently but always loved) I dont know much about their longevity/dependability. My question is, what usually goes on a '99 740 with 101k on it? should I expect major problems with this car if I were to buy it (it is at a new/used BMW dealer, not sure if it is a certified pre-owned) The car is absolutely MINT and looks no older than 50k but I want to opt for the newer style, it is LOADED to the teath with everything but the moon and looks well taken car of. I am worried that if I buy this one thing after another will go on it, I usually drive 15k-17k miles/ year and only have enough cash for normal maint. with the occasional major problem... If nothing serious goes wrong around this mileage, how many more miles do you think id have before a serious problem? (I take VERY well care of my cars and am always early for proper maint. schedualing)
 

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Originally posted by Jmac572@Jan 16 2004, 09:10 PM
I love cars and know my fare share about them, but when it comes to BMW's (something I have never really thought about purchasing until recently but always loved) I dont know much about their longevity/dependability. My question is, what usually goes on a '99 740 with 101k on it? should I expect major problems with this car if I were to buy it (it is at a new/used BMW dealer, not sure if it is a certified pre-owned) The car is absolutely MINT and looks no older than 50k but I want to opt for the newer style, it is LOADED to the teath with everything but the moon and looks well taken car of. I am worried that if I buy this one thing after another will go on it, I usually drive 15k-17k miles/ year and only have enough cash for normal maint. with the occasional major problem... If nothing serious goes wrong around this mileage, how many more miles do you think id have before a serious problem? (I take VERY well care of my cars and am always early for proper maint. schedualing)
thats alot of miles for a 99
 

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Yikes, I hope they dont want anymore than about 15 grand for that thing. Im looking at a 98 with 75k miles and an asking price of 19 and I consider THAT somewhat high. It really surprises me that a genuine BMW dealer would even keep that on their lot, that sounds like the definition of an auction car rather than a lot car. If you cant add a decent extended warranty I would skip it, and at 101k an extended warranty will run you at least 2500-3000.00 if it can be warranted at all. Many aftermarket warranty providers, including GM Warranty, wont even underwrite 7 series at all due to the complex nature of the vehicle. Still, with the protection of a good warranty you might just drive away in a great deal depending on how well you can negotiate as the repairs you could face could easily match the warranty cost.

If you decide to go for it,as far as what you might be looking at... Possible radiator replacement, Valve gaskets, and maybe electronic bugaboos... just make sure that a good mechanic looks it over as well.

Good Luck!
 

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Thanks, It is covered by a Certified Pre-Owned BMW Warranty (as for how long or mileage I am not sure) the car is $18500 in which I was planning to get him down to $17500, but if im facing A LOT of mechanical work, well... Also, if anyone is familiar with the Massachusetts lemon law, if I buy the car and get it mechanically inspected after the purchase to find a few shot things (ie a radiator on its way out, blown gaskets, ball joints, tie rods, etc.) will the lemon law force the dealer to pay for the new parts & installation (as long as it is discovered withing the 30 day lemon law allowance, and the dealer did not tell me that these problems come with the car)
 

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I dont know about Mass, but in most states the lemon law only applies to new vehicles purchases. www.carbuyingtips.com has alot of info on used car purchasers rights. I dont think youll be facing ALOT of work, but anything you face should be covered under that BMW warranty anyway,and big problems should come up within the first week to two weeks of driving it.
 

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Check out www.e38.org for some info.

Also, be prepared to spend approx $2k to $3k annually to upkeep your baby; it's well worth it. :D
 
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