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

1. *outstanding* color -- that calypso red... :-)
2. i bought my 750 on eBay (18 months ago) with 19k miles on it. it was a 30-month lease from BMW. i bought it for almost $50,000 less than sticker. i couldn't be happier with my purchase.
3. i saw this auction about a month ago, and as soon as i saw "salvage title"... youch. be very careful. the earlier post about getting a certified BMW technician to look over the car is great advice.
mark
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