Price check? 2002 BMW 318 Motorsport

[Golfboy666GTI 68]

The car is a 2002 (E46) 318 (N42) Motorsport, Japanese import facelift manual which has done 192,000kms.  Its silver in colour, black leather and has the 18 inch Style 72's.

 

The faults:

- Oil leak from the oil filter housing

- No real service history

- x2 window regulators need replacing

- Interior fan not working

- Control arm bushes need replacing

- Foggy head light

- x4 curbed wheels

- 3 panels with supermarket dents

- 1 panel with a poor repaint

- Some trim missing of one of the rear doors

- Rain sensor not working

- Only 1 key (remote not working)

- Stone chips on the front

- The black trim/rain strip that attaches to the body is broken

 

It could be a good project car, but considering the above what do you think its worth?

 

[*Glenn* 854]

No offence intended, but I'd say ring Brent or Ray $500

[Cab 148]

$1 reserve on TradeMe

[BM WORLD 1259]

I could do with some silver facelift frontal parts for a ti project

[Golfboy666GTI 68]

Sorry, I was thinking about purchasing it. It's a friend of mines Mum car. 

 

[qube 3568]

I would say that given the amount of work it needs, its probably worth whatever their asking price is then divide it by 5. so if they want 5k its probably worth 1k. imo anyway

[zero 1160]

Don't buy any bmw with a n42 or n46 engine.

[gjm 3194]

4 minutes ago, zero said:

Don't buy any bmw with a n42 or n46 engine.

I saw the N42 bit and (perhaps unfairly) thought the same thing. I'm sure there are good cars with those engines around, but I doubt I'd buy one out of choice unless it was very cheap, and had something about it that I really liked.

[Olaf 3244]

1 hour ago, zero said:

Don't buy any bmw with a n42 or n46 engine.

I'd only take it if they *paid* me $500 to take it away.

 

"could" be a "good" project car?  That all depends on your definition of "good".  

 

[zero 1160]

Yea, project car only.

 

Would want to swap in a different engine and manual box.

 

Alternatively if you get it for $500 you could just drive it into the ground.

[Olaf 3244]

^^

listen to Nathan, he knows from experience.  

Think of a lighthouse... they're there to warn you away from the rocks, prevent shipwreck.  That's what this thread is like.  You've got the Sirens, enticing you to the rocks with their beauty... and the lighthouse breaks your reverie.   

[*Glenn* 854]

7 hours ago, zero said:

Yea, project car only.

 

Would want to swap in a different engine and manual box.

 

Alternatively if you get it for $500 you could just drive it into the ground.

It's already done over 50k Nathan

[KwS 2377]

I wouldnt touch it unless it was a donor for parts, tbh.

[Golfboy666GTI 68]

Interesting, they are asking 5.5K for it, I thought it could have been worth half of that? Just shows how wrong one can be.

 

[qube 3568]

asking 5.5, worth 1100 imo.

 

for 5.5 you can find better 328's or 330's. or a 318 with less things wrong with it than that one at least im sure

[BM WORLD 1259]

if all those faults where fixed and it was mint and maybe with around 150ks on the clock it would fetch about $4-5k

but not in that state and those k's

those motors need a lot of work at that millage , valve stem seals , timming chains and guides , heaps of gaskets , seals ,

sensors , hoses , coolers etc etc

Edited September 12, 2016 by BM WORLD

[Golfboy666GTI 68]

Here are some photos of the said car:

 

[Golfboy666GTI 68]

2 hours ago, BM WORLD said:

if all those faults where fixed and it was mint and maybe with around 150ks on the clock it would fetch about $4-5k

but not in that state and those k's

those motors need a lot of work at that millage , valve stem seals , timming chains and guides , heaps of gaskets , seals ,

sensors , hoses , coolers etc etc

Thanks for that. Just what I was thinking.

 

[zero 1160]

As Brent said, it will need valve stem seals and timing chain guides done, which is about $1K if you do it yourself, and much more if you pay for a mechanic to do it.

Its just not worth spending that kind of money on that engine.