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Re: It varies (archive)

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Posted by Simeon on April 17, 2002 at 22:15:53:

In Reply to: Re: It varies posted by CK on April 17, 2002 at 21:52:09:

CK,
The E38 has certain "design issues" that make a CPO or aftermarket warranty a prudent investment. @ 50-60k miles the radiator's plastic components will seperate or the neck will snap in two. Despite replacing untold radiators under the warranty program, BMW never instituted a design change.

Also, after a while, (the mileage varies) some of the LEDs on the instrument panel (tach, speedo, MID) will burn out necessitating a replacement of the control panel.

Forgive me, but I am a hunt & peck typist and therefore I won't regale you with the litany of flaws in the E38, however my brethren here will point them out for you should you inquire.

Good luck with the sale of your car.

Simeon


I live in Southern California (Malibu). I have been to 4 dealerships and this car is priced at $57-$60k. But what I did was look on Kelly Blue Book and Edmunds.com and figured out a "Retail" price for this car.
You have a very good point.
What is "erzatz radiator" and "missing pixels" in reference to?
Thanks!
CK,

What part of the country are you in?
In my opinion, based upon whats available here in Southeast PA, 56k seems high and in conflict with what dealers are selling comaprable, previously owned vehicles, WITH the 100k CPO program.
What is a similar car fetching at the dealers in your area?

To my way of thinking, trying to get the same $$ a dealer would get is wasting your time. I cannot think of a reason why I would do a "private deal" for a car when I can do the same deal with the dealer and have the benefit of the CPO program.

I expect that there has to be enough of a savings in the transaction, for someone to be willing to do an "as is" deal, (in this case one with the balance of the initial factory warranty) for them to be willing to forgoe the benefit of dealer support.
This is especially true if the buyer has read about the erzatz radiators, missing pixels, etc.

2 cents? worth

Simeon


I would appreciate it if someone could give me their opinion on this car that I am selling. I am NOT trying to spam the boards, I really need an honest opinion.

I have a 2001 BMW 740iL listed on ebay, roadfly, and Yahoo auto's, and I want to know what the fair value price would be to sell it. After researching on Kelly Blue Book and Edmunds.com, I came up with a figure=$56,000.00.

Considering the supply of these BMW out there right now I think the price is fair, yet I would really appreciate anyone's input on the matter.

Thank You.
CK






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