Originally Posted by
lowell
Guys...
There's a 4 door e36 325 for sale about a mile away from my house. 5 speed 1992, so I think it's an M50, not the TU'd variant. A friend of mine wants to buy it, and they're asking $2000. It's probably been sitting there for two days...max.
Here's my assessment (haven't TD'd it yet): Car looks alright and has 196k on the clock - has a few cosmetic issues, dings, and it appears the front DS fender was replaced from a parts car of a similar color. The headlights have the classic nasty film on them, paint's peeling/gone on the trunk lid, pass side rear bumper shock looks to have been bumped in. The black plastic trim has lost the coloring, per norm. The interior's in NICE shape (for an e36) from what I can tell - seats could use a little rejuvenator oil.
In terms of the mechanics (I just stuck my head under the car): rear looks fine - no rust (southern cars rock!) except for a spot on the muffler. I'd say the rotors have 2k or less left in them and the rear tires are about the same. The only questionable things I saw on the car were: 1) there's a power steering leak...appears to be at the rack; 2) I noticed evidence of an engine oil leak from the bottom of the pan.
Questions:
- I know the M30's good for 300k+....what about the M50? Is a 196k M50 a really bad idea? (aside from service records and a compression test -- both of which I haven't checked yet). Are there any common places for oil leaks, as on the M30?
- My friend really likes this car. I told him I'd help him fix it up, but I'd feel really bad if he ended up like I did and discovered that the car needed more work than expected (I know the best way to combat this is to check service records and run through the engine compartment prior to buying). Given the cosmetic/plausible mechanical issues and mileage, is a 5 spd e36 that supposedly drives well WORTH $2k?
best, whit