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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > General E90 Sedan / E91 Wagon / E92 Coupe / E93 Cabrio > Someone should buy this M3



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      11-13-2013, 09:31 PM   #1
ericfox11
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Someone should buy this M3

This is a ridiculous deal...it has a water/flood damage title but if it checks out this is such an amazing deal. You could probably drive this thing for 3 years and put 50,000 miles on it and still sell it for $30,000.

Not sure I want to fly up to Illinois just to check it out, but for anyone in the area, might be worth a look.

http://www.ebay.com/itm/BMW-M3-Base-...US_Cars_Trucks
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      11-14-2013, 12:49 AM   #2
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great looking M3, but water/flood damage..............that's engine/ electronics replacement $$$$$ why not just pay a little extra and get clean/clean M3 that will never lose its value ever!!!
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      11-14-2013, 12:54 AM   #3
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Originally Posted by Andrey View Post
great looking M3, but water/flood damage..............that's engine/ electronics replacement $$$$$ why not just pay a little extra and get clean/clean M3 that will never lose its value ever!!!
Not sure about that one
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      11-14-2013, 01:19 AM   #4
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How can it have a full 4year/ 50,000 mile warranty when its a salvage. Is that possible?
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      11-14-2013, 01:33 AM   #5
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i'd rather just get an older one for slightly cheaper, flood damaged cars are like Russian roulette
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      11-14-2013, 08:54 AM   #6
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Quote:
Originally Posted by ericfox11 View Post
an amazing deal. You could probably drive this thing for 3 years and put 50,000 miles on it and still sell it for $30,000.
Wrong

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Originally Posted by Andrey View Post
great looking M3, but water/flood damage..............that's engine/ electronics replacement $$$$$ why not just pay a little extra and get clean/clean M3 that will never lose its value ever!!!
Right.

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Originally Posted by SpunkyXL View Post
Not sure about that one
Right.

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Originally Posted by autoart View Post
How can it have a full 4year/ 50,000 mile warranty when its a salvage. Is that possible?
No. The warranty will be void upon getting the DCS/Key Scan/First RO cut.

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Originally Posted by thyshallsmite View Post
i'd rather just get an older one for slightly cheaper, flood damaged cars are like Russian roulette
No, they're worse. This car is worth maybe a third of a non-salvage one. People are crazy.
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      11-14-2013, 08:55 AM   #7
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I wonder about warranty too......edit: read above
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      11-14-2013, 09:13 AM   #8
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If it is indeed fresh water damage and it checks out fine after an inspection - test drive i would not hesitate to buy it, very nice car indeed.
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      11-14-2013, 09:14 AM   #9
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Just picked it up today!
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      11-14-2013, 09:18 AM   #10
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Just picked it up today!
Pics or it didn't happen.
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      11-14-2013, 09:29 AM   #11
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HELL YEAH
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      11-14-2013, 10:37 AM   #12
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Its also been wrecked (frontal collision with airbags) and has a suspect odometer.. id rather get an 08 with around 40k.
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      11-14-2013, 10:41 AM   #13
ericfox11
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Yeah I questioned the warranty as well, didn't think it would retain it with a flood damage title but wasn't sure. I didn't know if water damage = a salvage title.

As far as engine/electronic work, I didn't think about that. I just thought the car was in fine working order. It does say it runs and drives great. And if it does indeed have its maintenance and warranty through BMW like the ad states, it seems to be a good deal.

This car has taken a huge depreciation hit. The title has contributed to ~80% of the depreciation loss to this point, so really with more miles and years it won't continue to decline near as much. I think if someone was in the area it would at least be worth checking out.
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      11-14-2013, 10:42 AM   #14
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Water/flood damage...

What can possibly go wrong?
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      11-14-2013, 10:44 AM   #15
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HELL YEAH
Almost believable if you chose a picture with ZCP.
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      11-14-2013, 10:47 AM   #16
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Quote:
Originally Posted by yarviinn View Post
Water/flood damage...

What can possibly go wrong?
Lulz. The problem is that water damage is the gift that can keep giving: you think you have everything sorted out, and suddenly new problems arise months or even years after the flood event.
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      11-14-2013, 10:56 AM   #17
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if i had the dough i would buy this car and turn it into a full blown race car
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      11-14-2013, 11:10 AM   #18
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Nah.
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      11-14-2013, 11:10 AM   #19
ericfox11
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Quote:
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Its also been wrecked (frontal collision with airbags) and has a suspect odometer.. id rather get an 08 with around 40k.
That doesn't sound good. There is another good deal in Houston, kinda high miles though.

http://www.ebay.com/itm/BMW-M3-WE-FI...t_27365wt_1104
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      11-14-2013, 11:18 AM   #20
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Its also been wrecked (frontal collision with airbags) and has a suspect odometer.. id rather get an 08 with around 40k.
That changes everthing for me..
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      11-14-2013, 11:27 AM   #21
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Water/flood damage...

What can possibly go wrong?
+1
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      11-14-2013, 11:38 AM   #22
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