Cale 36 Report post Posted October 5, 2008 (edited) This seems a good buy but what does it mean if a car has been repossesed? Could it be dodgy mechanically? ABS light is on? Repo Cars e34 535iS Edited October 5, 2008 by Quailboy Quote Share this post Link to post Share on other sites
3series 0 Report post Posted October 5, 2008 (edited) could it be?? looks like we've sprung Milan's concept race series car. Edited October 5, 2008 by bmw3 Quote Share this post Link to post Share on other sites
Silver Fox 43 Report post Posted October 5, 2008 Mmmmmmm been watching this, looks like Milan, Beemn, is after this for his next race car, E34 in the open series would be interesting. Quote Share this post Link to post Share on other sites
HELLBM 1557 Report post Posted October 5, 2008 This seems a good buy but what does it mean if a car has been repossesed? Could it be dodgy mechanically? ABS light is on? Repo Cars e34 535iS They get most of their cars from accross the road at Turners and then work the percentages. Mostly in their favor. it pays to get the car befor they do as trademe has some questionable bidders.That`s not to say it`s not a bad car. Good luck Milan. Quote Share this post Link to post Share on other sites
byza213 1 Report post Posted October 5, 2008 id love to have that !! Quote Share this post Link to post Share on other sites
jjs 64 Report post Posted October 5, 2008 A very similar car went through Turners Classic auction last weekend. From memory, the reserve was about $5k but bidding only hit $3k. I wonder if it is the same car? Bit of a gamble buying with the ABS light on, but could work out OK. Quote Share this post Link to post Share on other sites
HELLBM 1557 Report post Posted October 5, 2008 (edited) A very similar car went through Turners Classic auction last weekend. From memory, the reserve was about $5k but bidding only hit $3k. I wonder if it is the same car? Bit of a gamble buying with the ABS light on, but could work out OK. Same car. Watch the other bidders who bid on several cars at the same time. ABS is an easy fix Edited October 5, 2008 by HELLBM Quote Share this post Link to post Share on other sites
BM WORLD 1283 Report post Posted October 5, 2008 second that abs is no problem i had one of the abs boxes fail in one of my e34 535i when a buyer was test driving it , just swaped the box out . otherwise could be a sensor or abs pump . all easy to replace . have the parts too. Quote Share this post Link to post Share on other sites
bravo 35 Report post Posted October 5, 2008 Sweet looking e34. not many in that colour and even less that colour and to that spec. Quote Share this post Link to post Share on other sites
ducatiss 1 Report post Posted October 6, 2008 If the previous owner couldn't afford the repayments, maybe they couldn't afford the servicing as well - tread carefully and get an inspection done. Quote Share this post Link to post Share on other sites
c.robertson00 11 Report post Posted October 6, 2008 If the previous owner couldn't afford the repayments, maybe they couldn't afford the servicing as well - tread carefully and get an inspection done. Its only $3000... Whats the worst that could be wrong with it? Quote Share this post Link to post Share on other sites
chompa 0 Report post Posted October 6, 2008 you beat me too it.. saw this on tardme today, my 2 cents is i think its good buying at that price. looks to be in great nick interior/body work wise...and manual! good luck beamn! liam Quote Share this post Link to post Share on other sites
kiwi535 538 Report post Posted October 6, 2008 Its only $3000... Whats the worst that could be wrong with it?same as any other car....clutch gone,gearbox gone,headgasket gone/going....that would be the value of the car at retail rates....maybe a few electrical issues as well??All of these can be checked out of course! Quote Share this post Link to post Share on other sites
Aaron 0 Report post Posted October 8, 2008 Had a good look at this car today and man its pretty rough. Car has had a shunt in the front, one guard is loose, bonnet is badly out of line and hinges and gas struts are poked. Other guard not aligned well with bolts missing. Bumper is not mounted properly with visible ripped plastic. Both spots missing. Paint is dull with lots of scratches. Engine bay filthy, all fluids black. Tappet cover leaking oil. Gearbox exterior is wet with oil, rear diff the same. Front rotors are poked, pads super low, rears ok. I started car and engine has a awful vibration, feels badly unbalanced, when car is revd it gets worse. Leather interior average, lots of trim damage, drivers seatbelt receiver has been replaced, off a different car, done rough as. Stereo is crap, not all speakers go. Wheels are all curbed and all have different tyres. Body is straight though, no dents. My 535is with 50k more on it is far superior condition. This car needs alot of time and dough thrown at it. My 2 cents worth reckons its a dog. Quote Share this post Link to post Share on other sites
Chris535is 0 Report post Posted June 11, 2010 Its only $3000... Whats the worst that could be wrong with it? I think i paid $3700 for it Quote Share this post Link to post Share on other sites
Chris535is 0 Report post Posted June 11, 2010 Same car. Watch the other bidders who bid on several cars at the same time. ABS is an easy fix And the ABS light is still causing issues Quote Share this post Link to post Share on other sites
BM WORLD 1283 Report post Posted June 12, 2010 And the ABS light is still causing issuesbring around to my work , have all the parts021433600 Quote Share this post Link to post Share on other sites
Chris535is 0 Report post Posted June 12, 2010 bring around to my work , have all the parts 021433600 Mate it has issues.... Many issues!! Currently trying to sort out the Cluster and 'it's continually testing and lack of of a speedo reading... I bought it with out a OBC (had a analog non functioning clock which i removed) and it causing issues! I had left the car for 1 year with out use and it seems to have taken it toll head light connectors have gone, many of the engine sensors have not been plugged and there are alot of hacked cable :S When i first purchased it I took it to Ernest over at Bavarian Motor and spent over 4200 trying to get it right. In the end we gave up. Mate it has issues.... Many issues!! Currently trying to sort out the Cluster and 'it's continually testing and lack of of a speedo reading... I bought it with out a OBC (had a analog non functioning clock which i removed) and it causing issues! I had left the car for 1 year with out use and it seems to have taken it toll head light connectors have gone, many of the engine sensors have not been plugged and there are alot of hacked cable :S When i first purchased it I took it to Ernest over at Bavarian Motor and spent over 4200 trying to get it right. In the end we gave up. Quote Share this post Link to post Share on other sites
