10-15-2018, 02:04 PM | #1 |
Private First Class
24
Rep 112
Posts
Drives: Black e92 M3 : Gray F85 X5M
Join Date: Jul 2014
Location: Fishtown Philadelphia
|
2012 x5 with flood damage /rebuilt title
Hi All!
I've owned a couple BMW M3s and still have an e92 M3 now. But i'm looking at buying a 2012 Bmw x5 3.5xi with 83k miles. He's asking $13.5k but i'm looking to offer him $11k and start from there. Here's a link to the listing. https://www.facebook.com/marketplace...ssenger_banner It has a rebuilt title from PA for slight flood damage from the dealership. He says that the dealership declare it a total lost, but it didn't actually get any water damage. He doesn't have any proofs of it, so i'll take what he says for what it is. My question is, how reliable are bmw x5 in general and should i be looking out for anything that might go wrong with the year and mileage it has. Water damage aside. I'm looking for a daily driver to use for the next year or two before upgrading to the new Porsche Macan. Would love to get your feedback and pointers. Cheers, Jay |
10-15-2018, 02:15 PM | #2 |
Captain
111
Rep 807
Posts |
I won't do it especially with that kind of title. For $13K, you can get an X5 with similar mileage and clear title. It's no brainer. It can be a headache during your ownership and it will be a headache when you resell it.
__________________
Garage: BMW i3 Giga World BEV | BMW E70 X5 |
Appreciate
0
|
10-15-2018, 03:14 PM | #3 |
Lieutenant
78
Rep 491
Posts |
I saw this ad three days ago was tempted to go check it out. It looks beautiful color and well maintained inside. Its only couple of hours drive from me. It is worth checking out. Pay a BMW dealer for a comprehensive inspection and then buy it .
|
Appreciate
0
|
10-15-2018, 06:19 PM | #4 |
First Lieutenant
83
Rep 360
Posts |
I think the price is too high. That is a salvage title and subject to extreme depreciation. Some insurance companies won't insure it and you may not be able to get a bank loan. If you want if that bad and pay cash I'd start with $5k.
|
Appreciate
0
|
10-16-2018, 09:56 AM | #5 | |
Private
18
Rep 85
Posts
Drives: 2012 BMW X5 3.5i Silver
Join Date: Dec 2017
Location: Evergreen, CO USA
|
Quote:
On your question of reliability. No, they are not reliable. With that expectation set, you can get great reliability out of them if you treat them well and maintain them well. For this car you have no visibility of its history, not a good start. Things do go wrong, sometimes big things. My general view is the more expensive a car was when new, the less reliable it will be at 150k miles. G. |
|
Appreciate
0
|
10-16-2018, 11:32 AM | #6 |
Lieutenant Colonel
1628
Rep 1,727
Posts |
seller states "very clean" yet there is 3 months of brake dust on the wheels...
Why bother with a flood car? Your arb isn't even that big...
__________________
2017 C63 2012 X5M SOLD: 2015 M3; 2007 X3 M Sport; 2014 X3 M Sport 35i; 2004 X5 4.4i; 1994 325i |
Appreciate
0
|
10-18-2018, 05:22 PM | #8 |
Major
190
Rep 937
Posts |
Don't buy a flooded car, and don't ever buy a flooded German unreliable car. I used to be a salvage dealer and would not buy a car with water inside.
And if you are asking the dumb question of what are the common issues, then you really should not buy a BMW. In this day and age, these soon many e series threads, N55 threads, and YouTube videos. |
Appreciate
1
Kraftwerk AG460.00 |
10-18-2018, 06:14 PM | #9 |
Major General
4517
Rep 8,942
Posts |
I paid $13.5 for a 2007 4.8 w 42k on it.
__________________
2022 Macan S
2016 F31 328i xDrive Sport Wagon 2006 E46 330ci ZHP Convertible |
Appreciate
0
|
10-18-2018, 10:53 PM | #10 |
Second Lieutenant
102
Rep 210
Posts |
Price seems a bit high for a compromised title. I bought a 2011 X35D with a clean title fully loaded with the sport package and similar miles for $14k about a year ago. Spend some time shopping around and I'm sure you can find a better deal.
__________________
2013 X5M
2011 X5 35D Sport Package 2002 M3 2019 i3 |
Appreciate
0
|
10-19-2018, 05:20 AM | #11 |
Major
307
Rep 1,146
Posts
Drives: F10 550i
Join Date: Apr 2015
Location: Houston, TX
iTrader: (0)
Garage List 2020 BMW M340i [0.00]
2019 RAM 3500 [0.00] 2020 BMW X3 [0.00] 2016 BMW 550i [0.00] 2000 Ford F450 7.3l ... [0.00] |
A branded title car should sell for 20%-40% less than market value. You will take at least that much hit when you try and sell it.
The price is too high for a salavage title vehicle. Also get an inspection. I bought a branded title car once and I knew the issues I was getting. Only worth it if you get a big discount, as your gonna eat it at trade in. P.s. I did a manufacturer buy back car that was still under warranty. |
Appreciate
0
|
10-22-2018, 09:26 AM | #12 |
Private First Class
24
Rep 112
Posts
Drives: Black e92 M3 : Gray F85 X5M
Join Date: Jul 2014
Location: Fishtown Philadelphia
|
Thanks everyone for your great advice and input! I ended up just staying away from the x5 and bought a used audi q5 instead.
|
Appreciate
0
|
10-22-2018, 10:00 AM | #13 | |
Lieutenant Colonel
1628
Rep 1,727
Posts |
Quote:
Congrats on the Audi.
__________________
2017 C63 2012 X5M SOLD: 2015 M3; 2007 X3 M Sport; 2014 X3 M Sport 35i; 2004 X5 4.4i; 1994 325i |
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|