I've recently put down a deposit on a 2002 BMW 316 SE, it's fair to say im pretty nieve when it comes to BMW's and also the buying and selling of cars in general, so kinda just checking whether i've got an ok deal and if theirs anything i should be keeping an eye for with this model.
It was formally a company car and has 72000 miles on the clock and will be costing me £5999, the main thing that might be a slight (or big) issue is that it has not been serviced in 30 thousand miles, how much of an issue is this gonna be? (Needless to say it will be serviced straight away). So basically any advice or words of wisdom would be very much appreciated.
2002 BMW 316 SE, advice needed. -
No service in 30k miles is a pretty big problem in itself. Coupled with other abuse that a car that neglected is likely to have suffered, I'd run away screaming. There are loads about, there is no need or point buying one that you know has been neglected.
Walk away. Others may be able to advise on whether you can get your deposit back.
If it was last serviced three years and 28k miles ago, who's to say it hasn't racked up another 110k since then? Do you have the MoT certificates?
I bought a BMW sight unseen for £2k last year in a similar situation - no service since it had come off the fleet - and whilst it wasn't a complete dog, a newer, cleaner car would have cost me less in the long run.
Even so at £6k it's not cheap and for that kind of money I'd want something that was impeccable in every way - there are plenty of good four-cylinder 3-Series for that kind of price.
Hillzy, see if you can find a slightly older, but cared for, 320i. There's nothing very special about a 316; if you want German quality with a 1.8 engine go for a VW Golf for less money.
But above all make sure it has a full service history. Look through Autotrader - there are plenty around - and if you don't feel that you're an expert then find one for sale by a dealer. You may get a warranty, and you have much better rights under the Sale of Goods Act than you would from a private seller.