Don't Panic, Keep Looking, You'll Find One .... (archive)

I am glad you did your homework and realized your in a buyers market right now. I went through the same thing about 8-9 months ago, with the same criteria as you (looking for a 95, wanting a 97 if a great deal) and I found my car (97 M3 with about 46k miles in PERFECT condition). Wait for the right car, in the right condition for the right price, and you will not regret it ...

Keep the updates coming ...

First of all, I'm in BOSTON, MA. Where do people get Philly???

This car is starting to smell fishy:

1. No history.

2. Shady referal to mechanic.

3. He's had it for at least a month, if not more, and told me a week.

4. Been through another used car dealer.

I addition to this, I called around the area (including RI, CT, NH) and there really are at least FIFTEEN '97-'98 cars for under $30K with mileage in the 40-60K range, just from dealer that list on Auto Trader!. Also, one BMW dealer was competitive in price ~$28K, the other (in RI) thinks he can beat it, with a C.P.O. car (but he has to check stock in his chain). These BMW guys also want to finace at ~6.25-6.5%! To boot, I just missed a C.O.P.ed '95 4dr 5sp, with 40K miles, listed for $23K! Not the best deal, but cheaper and low miles.

Without a doubt this is a BUYER'S MARKET.

I'm right out of school and have a good job, but that car is already going to be a bit of a squeeze for me $$$ wise. I can't afford to take any risk with the quality of the car. ZERO RISK. I think my best bet it to keep looking, and build credit, capital and knowledge. I should probably look for a low miles, CPO, '95 in the low 20's, or great deal on a '97 as fall rolls around.

BTW, any highlighs about what I'm missing out on the '95 vs '97, besides TC and the 3.2?

Thanks again, I'll be sticking around..

Kevin J. Connoy

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