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-   -   Is a 100,000 mile plus car a bad idea? (http://www.m3forum.net/m3forum/showthread.php?t=593350)

tdz123 Wed, Nov-01-2017 10:24:31 PM

Is a 100,000 mile plus car a bad idea?
 
I'm considering a high miles (100k+) e92m. Is that a terrible idea, or is a well maintained but high-mileage car just fine?


Like most models, these cars appear to take a big hit at 100k miles in terms of their value. It looks like there are a variety of 100ish k mile cars for sale around $20,000, but the sale price for cars in the 50k-90k range is at or above $30,000.

$10,000 pays for a lot of repairs, especially given that I DIY pretty much everything and this would not be a DD.


I bought my e46m with 86,000 miles and ended up feeling like it was a mistake. Better options are to either spend more for low low miles (<50k) or pay far less for high miles (>100k).

Any opinions out there?

Rez Thu, Nov-02-2017 12:45:28 AM

Re: Is a 100,000 mile plus car a bad idea?
 
e92 seems to have a few common issues that are independent of miles, having said that 100k is a lot of miles and car probably worn out cosmetically if not mechanically unless very well maintained. I see fairly low miles ( around 40k), clean cars can be had for the mid 30's. I see that a better buy in the long term

RallyBird Thu, Nov-02-2017 05:30:01 PM

Re: Is a 100,000 mile plus car a bad idea?
 
E92 is better built and more reliable than the E46 in my opinion. Just plan on spending $2k for throttle actuators if they haven't been done (they go bad around 70-80k miles) and $2,500 for rod bearings unless you're doing them yourself. Other than that its pretty typical stuff, bushings, clutch (depending on how the car has been driven), potentially a/c compressor. Nothing that's really out of the norm. Factory brake rotors are expensive so make sure to check those when looking at a car.

Obioban Thu, Nov-02-2017 07:07:28 PM

Re: Is a 100,000 mile plus car a bad idea?
 
On any car with 100,000 miles, I'd replace every bushing/bearing/ball joint on day 1. They're shot. The shocks, too, if they haven't been replaced (really, they should be coming up on their second replacement).

On any BMW, I'd replace the cooling system at 100,000 mile intervals, rebuild the fuel injectors, and replace the pre cat 02s.

And at some point in the future it'll need a fuel pump and throttle actuators, if they haven't already failed. If rod bearings haven't been replaced yet, probably should do them.

Beyond that, how nice the car is depends on how it was cared for by the PO.

tincan Thu, Nov-02-2017 08:49:29 PM

Re: Is a 100,000 mile plus car a bad idea?
 
Quote:

Originally Posted by tdz123 (Post 1067740331)
I bought my e46m with 86,000 miles and ended up feeling like it was a mistake.

I am also shopping higher mile cars because I want a daily driver. Curious as to why you say this?

RallyBird Fri, Nov-03-2017 03:48:54 AM

Re: Is a 100,000 mile plus car a bad idea?
 
Quote:

Originally Posted by Obioban (Post 1067740722)
On any car with 100,000 miles, I'd replace every bushing/bearing/ball joint on day 1. They're shot. The shocks, too, if they haven't been replaced (really, they should be coming up on their second replacement).

On any BMW, I'd replace the cooling system at 100,000 mile intervals, rebuild the fuel injectors, and replace the pre cat 02s.

And at some point in the future it'll need a fuel pump and throttle actuators, if they haven't already failed. If rod bearings haven't been replaced yet, probably should do them.

Beyond that, how nice the car is depends on how it was cared for by the PO.


Isnít 100k and every bushing being shot a little extreme? Sure some will need to be replaced and some you might benefit from replacing them but I donít see everything 100% needing to be replaced on a 100k car.

tdz123 Fri, Nov-03-2017 03:47:36 PM

Re: Is a 100,000 mile plus car a bad idea?
 
Quote:

Originally Posted by tincan (Post 1067740794)
I am also shopping higher mile cars because I want a daily driver. Curious as to why you say this?

Because the cars seem to take a big hit in value at 100,000 miles, regardless of whether it is warranted based upon the actual condition of the vehicle.

Paying a premium to have a car that will remain as a sub-100k for a relatively short period of time didn't end up making sense to me. I think it's a better idea to either pay an even higher premium for an even lower mileage car (i.e. 50ish k miles) or save your money and buy a well-maintained car that is over 100k miles and has already taken the depreciation hit.

So, for an e9xM, you can pay in the low 30s for a car with 50ish k miles or pay around 20 for a car with 100k+. I'm having a tough time deciding.

tdz123 Fri, Nov-03-2017 03:48:30 PM

Re: Is a 100,000 mile plus car a bad idea?
 
Quote:

Originally Posted by Obioban (Post 1067740722)
On any car with 100,000 miles, I'd replace every bushing/bearing/ball joint on day 1. They're shot. The shocks, too, if they haven't been replaced (really, they should be coming up on their second replacement).

On any BMW, I'd replace the cooling system at 100,000 mile intervals, rebuild the fuel injectors, and replace the pre cat 02s.

And at some point in the future it'll need a fuel pump and throttle actuators, if they haven't already failed. If rod bearings haven't been replaced yet, probably should do them.

Beyond that, how nice the car is depends on how it was cared for by the PO.

Thanks obioban. you've always been a great contributor. it sounds like from your post that a 100k mile car isn't a terrible option. :hattip:

Obioban Fri, Nov-03-2017 04:33:50 PM

Re: Is a 100,000 mile plus car a bad idea?
 
Quote:

Originally Posted by RallyBird (Post 1067740941)
Isn’t 100k and every bushing being shot a little extreme? Sure some will need to be replaced and some you might benefit from replacing them but I don’t see everything 100% needing to be replaced on a 100k car.

Eh, perhaps, but the alternative is...
-take things apart again and again and again to go after different parts as they fail. It's far easier to just drop a subframe and replace everything on it and be set, without effort/labor, for another 100,000 miles
-have some parts that aren't as new, that you don't realize because they still look good and function "well enough". Combine a couple parts functioning "well enough" and your car gets sloppy.

Everything 100,000 is pretty infrequent in the grand scheme of things. Doing everything all at once lowers effort (if you're DIYing) or cost (if you're paying someone to do the labor). It keeps the car driving like new and eliminates hunting for issues.

RallyBird Fri, Nov-03-2017 05:08:01 PM

Re: Is a 100,000 mile plus car a bad idea?
 
Quote:

Originally Posted by Obioban (Post 1067741114)
Eh, perhaps, but the alternative is...
-take things apart again and again and again to go after different parts as they fail. It's far easier to just drop a subframe and replace everything on it and be set, without effort/labor, for another 100,000 miles
-have some parts that aren't as new, that you don't realize because they still look good and function "well enough". Combine a couple parts functioning "well enough" and your car gets sloppy.

Everything 100,000 is pretty infrequent in the grand scheme of things. Doing everything all at once lowers effort (if you're DIYing) or cost (if you're paying someone to do the labor). It keeps the car driving like new and eliminated hunting for issues.

Makes sense. I can see your point.


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