318ti.org forum

Go Back   318ti.org forum > Garage > I'm thinking about buying a ti.

Notices

I'm thinking about buying a ti. Ask all your questions about the possible purchase of a ti. Keep in mind, we are biased.

.
» Recent Threads
1999 M-Sport For Sale
12-31-2023 05:10 PM
Last post by Coop540iT
03-23-2024 06:39 PM
1 Replies, 99,239 Views
Once again 318ti owner...
03-20-2024 12:39 PM
Last post by two30grain
03-22-2024 02:04 PM
1 Replies, 62,197 Views
What brakes do I...
03-20-2024 03:27 PM
Last post by huirtera
03-20-2024 03:27 PM
0 Replies, 59,464 Views
  Share/Bookmark
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 06-22-2019, 10:31 PM   #1
tiRally
Junior Member
 
Join Date: Jun 2019
Location: Colorado Springs
Posts: 8
iTrader: (0)
Default How much is too much $ for a high mileage M-Sport?

Hey everyone, recently stumbled across the 318ti when on my search for a unique, fun rallyX car. I found a '98 black 5-speed M-sport with 220k miles 1.5 hours away from home with almost no rust that's been sitting on the marketplace for a while.

More details: AC works, heat works, aftermarket stereo deck, bad window tint (ugh), M-sport wheels (claimed to be worth $750+), new front tires, new valve cover gasket, both windows work

My Dilemma: A buddy of mine came with to check it out and I really liked it. HOWEVER it left a large oil spot (about a foot in diameter) after the seller arrived while the engine was cold. I drove it a bit and it performed well - clutch felt good, no trans grinding, pulled well through the RPMs and once warmed up, it seemed the oil leak decreased but was still significant. Seller said he puts in a quart every 2 weeks. From what I've read and my experience with my E46, it sounds like it could be the oil filter housing gasket. Unfortunately no shops were open and I was unable to get the vehicle inspected so passed on the deal. I was worried that the oil leak was from something worse and if such a big issue exists, that there may be more unseen issues in the car. I offered $1200 but seller said he was firm at $2k.

My question is: how much is too much for a high mileage ti with a bad oil leak? Would it be a mistake to buy a car in such shape as this? I may contact the seller again if you folks can convince me - I really did like the car.

Sorry for the wall of text but I don't want to miss out on a unique car.

Last edited by tiRally; 06-22-2019 at 10:34 PM. Reason: Formatting
tiRally is offline   Reply With Quote
 

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
CT 1998 BMW 318ti M Sport for Sale - Low Mileage 318fan Cars for Sale 8 08-04-2015 07:24 PM
Mileage too high ??? 200k stubear334 I'm thinking about buying a ti. 4 01-21-2013 03:37 PM
How reliable are high mileage 318ti's? BUJonathan I'm thinking about buying a ti. 15 09-12-2011 06:52 PM
95 ti - high mileage - What's it Worth KimiFan US and North America 7 01-17-2007 06:22 PM
1998 318ti Sport for sale (soon) - very low mileage seh US and North America 25 02-26-2006 03:12 AM


All times are GMT +1. The time now is 09:41 PM.


.
Powered by site supporters
vBulletin Version 3.8.8
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©1999 - 2024, 318ti.org
© vBadvanced CMPS v3.2.2
[page compression: 123.75 k/132.28 k (6.45%)]

318ti.org does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information or products discussed.