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Re: Advice guys, I'm looking at buying an E38 (archive)
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Posted by Dean L. on November 25, 2001 at 23:02:23:

In Reply to: Advice guys, I'm looking at buying an E38 posted by The Shadowchaser on November 25, 2001 at 22:01:48:


Ok, the time has finally come. Im looking at a 96' 740IL with 71,xxx miles. The car is in good shape depite a salvage title. It turns out the front end was hit yet there is no frame damage. All cosmetic damage. All of the pieces were replaced with 2001 parts. The car looks at first appearances like a calypso red 2001 740IL sport. So here are my questions. Am I ok with the 96 model year in general since all engine problems are confined to the 95' model year? What kind of problems should I look for? What do you guys think of purchasing a car through ebay? How much do you think I should pay? I am thinking of making him an offer of $14,000. The link below is the car in question. I look forward to reading your posts.

Best Regards,

The Shadowchaser


I think I would run, not walk, away fast on this one even though it is a really good looking machine. A "salvage title", 71K mile E38 @ $14,000. may not be the bargin it is advertised to sound like. If it was true, I don't think it would be for sale and certainly not for sale on ebay. I would bid only with the caveat of having a buyer's inspection by a qualified BMW technician as a condition of sale acceptance. I don't know if you can make this stick on an ebay sale or not. Good luck!
Dean L.



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