Rebuilt title
drives euro trash
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Dave gave good advice on the financing aspect. The other thing you need to check out is whether or not your insurance company will insure a rebuilt vehicle. Most will not.
That M3 was obviously worth quite a bit of money prior to the loss. That being said, the car had to sustain a significant impact to meet or exceed 80% of its value to be deemed a total loss. I'd stay far, far away from that car. Who knows if that car was fixed correctly? Would you really sacrifice the safety of your self and your occupants for a few thousand dollars?
I'm willing to bet you can find a slightly higher mileage '01 M3 for around $25k that doesn't have a rebuilt title.
That M3 was obviously worth quite a bit of money prior to the loss. That being said, the car had to sustain a significant impact to meet or exceed 80% of its value to be deemed a total loss. I'd stay far, far away from that car. Who knows if that car was fixed correctly? Would you really sacrifice the safety of your self and your occupants for a few thousand dollars?
I'm willing to bet you can find a slightly higher mileage '01 M3 for around $25k that doesn't have a rebuilt title.
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Well see what pisses me off is... i wanna get an 01 or 02... but the thing is the prices are so far off... i dont even know what the real price on it is?
I see some people want 40K for it... w 50.000+ miles. Also see people want 30K for it... w less then 30.000+ miles on it... im totaly confused
I see some people want 40K for it... w 50.000+ miles. Also see people want 30K for it... w less then 30.000+ miles on it... im totaly confused
drives euro trash
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Ehhh...now that you say the car is a rebuilt title in Miami...HUGE red flag right there. There are quite a few crooked shops and title companies in that area forging documents and inspections to get rebuilt titles on vehicles that should NEVER be back on the road.
If you really like the car find out who fixed it, who processed the title paperwork, and who did the inspection for the rebuilt title. You really should research these companies. It is also a good idea to contact the insurance company who deemed the car a total loss. Talk to them to get an idea of the extent of the damages. It is easy for Joe Somebody to write up a fake estimate to make the damages look less severe than they actually were. Getting the info straight from the insurance company is the only way to find an accurate history of this vehicle.
Also, as was mentioned before, have a shop YOU trust inspect the vehicle thoroughly. Good luck.
If you really like the car find out who fixed it, who processed the title paperwork, and who did the inspection for the rebuilt title. You really should research these companies. It is also a good idea to contact the insurance company who deemed the car a total loss. Talk to them to get an idea of the extent of the damages. It is easy for Joe Somebody to write up a fake estimate to make the damages look less severe than they actually were. Getting the info straight from the insurance company is the only way to find an accurate history of this vehicle.
Also, as was mentioned before, have a shop YOU trust inspect the vehicle thoroughly. Good luck.
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The '01's had motor problems, better make sure this isn't one of them. I heard it looks something like this when they go:
BMW has extended factory warranties on more than 17,000 M3 six-cylinder engines—a powerplant some owners have referred to as the “Engine of Damocles”—while it investigates the cause of a number of engine failures.
The standard four-year, 50,000-mile warranty is extended to six years and 100,000 miles on M3s, M coupes and M roadsters equipped with the 333-hp 3.2-liter engines. The extension covers vehicles with BMW designation “S54” engines built in model years 2001, 2002, and until further notice, 2003.
In a letter sent to owners in December, BMW confirmed “cases of damage to the connecting rod bearings resulting in engine failure” in the 3.2-liter engines. The company told owners it is “conducting an in-depth engineering analysis to determine the reason for the failure.”
The standard four-year, 50,000-mile warranty is extended to six years and 100,000 miles on M3s, M coupes and M roadsters equipped with the 333-hp 3.2-liter engines. The extension covers vehicles with BMW designation “S54” engines built in model years 2001, 2002, and until further notice, 2003.
In a letter sent to owners in December, BMW confirmed “cases of damage to the connecting rod bearings resulting in engine failure” in the 3.2-liter engines. The company told owners it is “conducting an in-depth engineering analysis to determine the reason for the failure.”
Last edited by jdk; Dec 29, 2005 at 06:25 PM.
The Hoff
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Originally Posted by Alan
I'm willing to bet you can find a slightly higher mileage '01 M3 for around $25k that doesn't have a rebuilt title.
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I purchased a rebuilt title a couple of years ago..... had to replace the transmission shortly after.... just kicked on me in daily driving... axles were warped which i shrugged off as a bald tire when i bought it because im an idiot.... and the car was the worst purchase i ever made in my life... just a antecdote for you there. GL with ur purchase.
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gamehen
Joined: Jun 2000
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Originally Posted by Alan
Ehhh...now that you say the car is a rebuilt title in Miami...HUGE red flag right there. There are quite a few crooked shops and title companies in that area forging documents and inspections to get rebuilt titles on vehicles that should NEVER be back on the road.
If you really like the car find out who fixed it, who processed the title paperwork, and who did the inspection for the rebuilt title. You really should research these companies. It is also a good idea to contact the insurance company who deemed the car a total loss. Talk to them to get an idea of the extent of the damages. It is easy for Joe Somebody to write up a fake estimate to make the damages look less severe than they actually were. Getting the info straight from the insurance company is the only way to find an accurate history of this vehicle.
Also, as was mentioned before, have a shop YOU trust inspect the vehicle thoroughly. Good luck.
If you really like the car find out who fixed it, who processed the title paperwork, and who did the inspection for the rebuilt title. You really should research these companies. It is also a good idea to contact the insurance company who deemed the car a total loss. Talk to them to get an idea of the extent of the damages. It is easy for Joe Somebody to write up a fake estimate to make the damages look less severe than they actually were. Getting the info straight from the insurance company is the only way to find an accurate history of this vehicle.
Also, as was mentioned before, have a shop YOU trust inspect the vehicle thoroughly. Good luck.
yeah: Rebuilt+Miami = RED FLAG
Is such a f****n lady
Joined: Nov 2005
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My car has a rebuilt title, it had front end body damage that was fixed. I have had it 1 1/2 yrs and put about 20,000 miles on it. Only paid 1800.00, and haven't had any probs w/ it. The only thing is it had two bent rims, which didn't matter cuz i put my own on, got an alignment, and put brake pads on it, which was my own wear. I love my $2000.00 car retailed at almost $7 g's.
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