a friend is trying to sell me their 1997 BMW 328i for $3000 and it has 328,000 mi. Is the car worth that?

Asked by Feb 06, 2013 at 03:34 PM about the 1997 BMW M3 Sedan

Question type: Shopping & Pricing

He said he has replaced all the expensive parts of the vehicle himself and that it will run for at least another 500000 miles. He also said he will include a 6 month warrenty and free oil change for a year.  I think he has good intentions but I dont have enough information to make a sound decision.

7 Answers

99,925

If the car was worth three large, your friend would not throw in a six month warranty and oil changes. That is a lot of miles even for a BMW.

1 of 1 people found this helpful.

500k...eh? Wierd things begin to go bad with high mlieage like the steering wheel bearing, and the pivot point on the brake gets sloppy. My TAXI 70 Chevy had 300,000 on it and things went a sloppy was like driving a moist sponge.. 500k seems like a fantasy.

225

I suggest you first do a price comparison on autotrader.ca to see how much other 97 M3's are selling for with similar kms. You can probably buy one with less kms for the same price. Your buddy probably does have good intentions but he also wants to get rid of his car. Personally, there are few vehicles that I'd be comfortable buying with high kms...I wouldn't do it. Not to mention the cost of insuring an M3...too many cons for me.

2 of 2 people found this helpful.
5

I just deleted my other post because I read it wrong. NO, I REPEAT, NO 328i is worth that much with so many miles. I can think of several other cars well within your budget with lower miles. Don't buy it just because it's a BMW cause that really doesnt prove anything when it breaks in 4 hours. It may be fine, but don't risk it.

5,235

I wouldn't pay that much for a car with such a high mileage, sure the car can do another 500k miles but it will need a lot of stuff replaced in those miles. Probably anything mechanical will end up needing to be renewed, from the suspension all the way up to the cylinderheads. If you have a complete service and repair history on the car it's not even worth 2k, let alone 3, even with 6 months of warranty and free oil changes for a year (which in all reality will be no more than two).

1 of 1 people found this helpful.
95

i just bought a 328i sport for £950 with 112,000mi an its needed some new things which have been done an she runs great pulls great an mechanically sound will go far but it will never last to 500,000 even in my dreams, that my friend is over priced an holds nothing but trouble

805

Do no do bus with a friend.that is rule 1

Your Answer

M3

Looking for a Used M3 in your area?

CarGurus has 1,464 nationwide M3 listings starting at $4,990.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

BMW M3 Experts

  • #1
    Tom Demyan
    Reputation
    160
  • #2
    Mike Zaba
    Reputation
    70
  • #3
    Js08016
    Reputation
    50
View All

Related Models For Sale

Used BMW 3 Series
1,041 Great Deals out of 31,744 listings starting at $1,000
Used BMW M5
15 Great Deals out of 630 listings starting at $12,900
Used Mercedes-Benz C-Class
597 Great Deals out of 23,462 listings starting at $1,995
Used Ford Mustang
752 Great Deals out of 42,817 listings starting at $1,300
Used BMW 5 Series
495 Great Deals out of 16,660 listings starting at $2,000
Used Porsche 911
112 Great Deals out of 4,830 listings starting at $10,894
Used Chevrolet Corvette
248 Great Deals out of 22,275 listings starting at $2,500
Used Chevrolet Camaro
424 Great Deals out of 31,920 listings starting at $2,395
Used Audi S4
62 Great Deals out of 1,757 listings starting at $3,993

Used Cars For Sale

2017 BMW M3 Sedan For Sale
3 Great Deals out of 101 listings starting at $64,990
2016 BMW M3 Sedan For Sale
78 listings starting at $55,988
2015 BMW M3 Sedan For Sale
110 listings starting at $42,988

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.