High mileage M3

Crazy50stang · Wed, Feb-06-2008, 07:41:59 AM

Hey question for you guys. I found a high mileage 02 M3. It has a 6 speed with the "sports package" (I would like to hope so.) Navi and such for $19k. What I want to know is this a good deal? It will see the track maybe twice a year. Will it hold? Is the price too high? TIA

daniel3ooo · Wed, Feb-06-2008, 07:57:35 AM

well...how high is high? 70k? 100k? 150k?

01CarbonBlkM3 · Wed, Feb-06-2008, 01:06:06 PM

Quote:

Originally Posted by daniel3ooo

well...how high is high? 70k? 100k? 150k?

UCSBSUPERMAN · Wed, Feb-06-2008, 06:19:47 PM

I bought a 2003 M3 SMG with exactly 101,029 Miles on it about 3 months ago. Of course the owner was the 1st and only owner, had full warranty up to 100K miles, did all inspections on it, and was local. Plus I was able to get all the service records from BMW of Bakersfield (which included the rod bearing engine swap recall!!! after he had 30K miles; so the motor only has 70K on it).
I paid exactly 19K and needless to say, the car runs amazing and I feel I got a great deal. So far the only thing wrong with it is the yellow oil indicator light coming on sometimes; the dealer and the previous owner told me to just add a little oil because the sensors are super sensitive. It did the trick!
So my advice is if it feels right, (everything is in order, no hidden problems) then go for it!

Fastdog911 · Thu, Feb-07-2008, 12:43:25 AM

Quote:

Originally Posted by UCSBSUPERMAN

I bought a 2003 M3 SMG with exactly 101,029 Miles on it about 3 months ago. Of course the owner was the 1st and only owner, had full warranty up to 100K miles, did all inspections on it, and was local. Plus I was able to get all the service records from BMW of Bakersfield (which included the rod bearing engine swap recall!!! after he had 30K miles; so the motor only has 70K on it).
I paid exactly 19K and needless to say, the car runs amazing and I feel I got a great deal. So far the only thing wrong with it is the yellow oil indicator light coming on sometimes; the dealer and the previous owner told me to just add a little oil because the sensors are super sensitive. It did the trick!
So my advice is if it feels right, (everything is in order, no hidden problems) then go for it!

Actually your motor has 101,029 on it. The rod bearing recall does not make the motor have any less miles.

BMWridin89 · Wed, Feb-06-2008, 12:54:06 PM

Whats sport package? And exact mileage would help.

Cryptosquirrel · Thu, Feb-07-2008, 12:26:51 AM

Not trying to thread hijack, but in a similar position. I found one myself with the color combinations and options I want. it's got 72K on the odo and is going for 23K, or there abouts. You're saying if it passed the PPI, go for it, no worries?

I think it's an 02 model, might be 03. I forget right now...

jlaw01m3 · Thu, Feb-07-2008, 01:09:31 AM

Sometimes in the recall the whole engine is replaced....

khezik · Thu, Feb-07-2008, 01:35:33 AM

I recently (5 mos) bought an 02 with 56k on it for $22. I did end up with a few surprises (search by my user name) but I'll be honest, mechanically its been solid and I have absolutely no regrets. By far the best car I have ever owned. Plus the panty dropping option is awesome.

kmurph · Thu, Feb-07-2008, 01:40:05 AM

Quote:

Originally Posted by jlaw01m3

Sometimes in the recall the whole engine is replaced....

No...the only reason an engine would be replaced is if there was total failure.

The recall only involves the connecting rod bearings, oil pump and software updates.

http://members.roadfly.org/kmurph/BearingsSB.pdf

Wed, Feb-06-2008, 07:41:59 AM	#1
Crazy50stang Registered User Join Date: Nov 2006 Posts: 189 Reputation: 0 Location: Los Angeles	High mileage M3 Hey question for you guys. I found a high mileage 02 M3. It has a 6 speed with the "sports package" (I would like to hope so.) Navi and such for $19k. What I want to know is this a good deal? It will see the track maybe twice a year. Will it hold? Is the price too high? TIA __________________ JLT CAI, Dynomax catback, Eibachs, subframe connectors, Steeda CC plates. More to come.

Wed, Feb-06-2008, 07:57:35 AM	#2
daniel3ooo Registered User Join Date: Jul 2005 Posts: 900 Reputation: 0 Location: Bay Area	well...how high is high? 70k? 100k? 150k? __________________ Before: 2002 CB/IR M3 Now: 2005 AW/IR M3 and 2008 Blk/Blk IS-F

Wed, Feb-06-2008, 06:19:47 PM	#4
UCSBSUPERMAN ///NEM3SES Join Date: Jan 2008 Age: 29 Posts: 1,249 Reputation: 0 Location: Laredo	>100K on 2003 M3 I bought a 2003 M3 SMG with exactly 101,029 Miles on it about 3 months ago. Of course the owner was the 1st and only owner, had full warranty up to 100K miles, did all inspections on it, and was local. Plus I was able to get all the service records from BMW of Bakersfield (which included the rod bearing engine swap recall!!! after he had 30K miles; so the motor only has 70K on it). I paid exactly 19K and needless to say, the car runs amazing and I feel I got a great deal. So far the only thing wrong with it is the yellow oil indicator light coming on sometimes; the dealer and the previous owner told me to just add a little oil because the sensors are super sensitive. It did the trick! So my advice is if it feels right, (everything is in order, no hidden problems) then go for it!

Wed, Feb-06-2008, 12:54:06 PM	#6
BMWridin89 ///M3 Buisness on the outside speed on the inside. Join Date: Mar 2007 Posts: 3,023 Reputation: 0 Location: Chicago	Whats sport package? And exact mileage would help. __________________ 06 6MT ZCP R.I.P Killed by old lady blowing a red light 6/27/08-6/28/09

Thu, Feb-07-2008, 01:09:31 AM	#8
jlaw01m3 Jlaw01M3Conv Join Date: Nov 2007 Age: 33 Posts: 124 Reputation: 0 Location: Tampa	Sometimes in the recall the whole engine is replaced.... __________________

Thu, Feb-07-2008, 12:26:51 AM	#7
Cryptosquirrel Overworked Join Date: Mar 2007 Posts: 162 Reputation: 0 Location: Raleigh	Not trying to thread hijack, but in a similar position. I found one myself with the color combinations and options I want. it's got 72K on the odo and is going for 23K, or there abouts. You're saying if it passed the PPI, go for it, no worries? I think it's an 02 model, might be 03. I forget right now...

Thu, Feb-07-2008, 01:35:33 AM	#9
khezik Registered User Join Date: Sep 2007 Posts: 255 Reputation: 0 Location: Ocean	I recently (5 mos) bought an 02 with 56k on it for $22. I did end up with a few surprises (search by my user name) but I'll be honest, mechanically its been solid and I have absolutely no regrets. By far the best car I have ever owned. Plus the panty dropping option is awesome. __________________ '02 E46 ///M AW K&N CAI, ZHP shifter, NAV

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