2006 E46 M3 FS $24k

E90Boy · 05-21-2006, 01:23 PM

You guys think it's a good buy? It's a salvage title, flooded in Maryland. 2k miles on the car, nav, smg, 19"s, xenons, etc. Pick up is awesome.

md37793 · 05-21-2006, 01:29 PM

will be hard to find someone to service it.

Artz 330 · 05-21-2006, 01:29 PM

Quote:

Originally Posted by E90Boy

You guys think it's a good buy? It's a salvage title, flooded in Maryland. 2k miles on the car, nav, smg, 19"s, xenons, etc. Pick up is awesome.

stay away. 24K and salvaged. and FLOODED... Def stay away you will regret it.

ward · 05-21-2006, 01:32 PM

talk to that rostik guy about salvaged cars...........

nyyankee · 05-21-2006, 01:56 PM

Sounds like a nightmare

Hunter399 · 05-21-2006, 01:58 PM

Wouldent touch that with a 10 foot stick

Dont buy it, it will only be problems

findtom · 05-21-2006, 02:25 PM

Think about it man $24K may be cheap for a 2006 M3 but it's still very real money. See rostik's (whatever his username is) threads for info on the perils of salvage title ownership, and think about what a hassle it will be to sell a salvage title even if it's in perfect running condition.

ase2dais · 05-21-2006, 03:45 PM

Stay away from that car, a salvage car value has been disminished, you may even be paying more what is worth!

And from insurance standpoint it so it going to be a little harder to insure, for its worth zero in their mind. unless you get it certified again by them or others, before they will it insure it. But once they do, it wont be of the full book amount.

Another hurdle you have it your bank, if your bank is loaning you 24k
but the insurance will only insure it for 10k. What do you think will happen if you total it. Whats the value amount of the car?

You guest it! yup 10k so you have to come up with the difference.
Its best to talk to your insurance company first before you decide on this.

And you will also have to rebuit the title for you cant operate a salvage title car on public streets and highways. It has to pass a rigorous recertification process. And that may cost you money that you think you saved.

E90Boy · 05-21-2006, 05:38 PM

Thanks for everyone's advice. I've also thought about it and decided to put the money on the 335i or the new M3 :rocks: .

Ryan@Motorwerks · 05-21-2006, 10:09 PM

Sounds liek a potential project car. If you do buy it, you could make your own purpose built track car. Personally, I wouldn't buy that though....

ska///235i · 05-21-2006, 11:23 PM

salvage cars = cars with AIDS

18LLC · 05-23-2006, 05:35 PM

Quote:

Originally Posted by E90Boy

You guys think it's a good buy? It's a salvage title, flooded in Maryland. 2k miles on the car, nav, smg, 19"s, xenons, etc. Pick up is awesome.

all the light with come up like Xmas tree for flooded car. never try.

Carnage · 05-23-2006, 08:57 PM

$2,400 maybe. 24K, forget it. Too risky.

BitStream · 05-23-2006, 09:15 PM

i wouldn't take a flooded car for free

05-21-2006, 01:23 PM	#1
E90Boy Captain 35 Rep 674 Posts Drives: 14 F33 Join Date: Aug 2005 Location: Boston iTrader: (4)	2006 E46 M3 FS $24k You guys think it's a good buy? It's a salvage title, flooded in Maryland. 2k miles on the car, nav, smg, 19"s, xenons, etc. Pick up is awesome.
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05-21-2006, 01:29 PM	#2
md37793 Private First Class 1 Rep 128 Posts Drives: E90 Join Date: Oct 2005 Location: MD iTrader: (0)	will be hard to find someone to service it.
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05-21-2006, 01:32 PM	#4
ward Major General 155 Rep 6,158 Posts Drives: F Join Date: May 2005 Location: T iTrader: (0)	talk to that rostik guy about salvaged cars...........
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05-21-2006, 01:56 PM	#5
nyyankee The Ultimate Posting Machine 42 Rep 419 Posts Drives: 2006 BMW 325I Join Date: Jul 2005 Location: Ft.Lauderdale iTrader: (1) Garage List 2006 325i [0.00]	Sounds like a nightmare __________________ DISCLAIMER: Poster makes no guarantee that the above expressed information is accurate, complete, current, funny, new, spelled correctly, or grammatically correct. The above-stated information is instead provided on an "AS IS" basis, and is subject to revision with or without notice.
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05-21-2006, 01:58 PM	#6
Hunter399 Major General 323 Rep 8,091 Posts Drives: F90M5 Join Date: Apr 2005 Location: Houston, TX iTrader: (33)	Wouldent touch that with a 10 foot stick Dont buy it, it will only be problems
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05-21-2006, 02:25 PM	#7
findtom Colonel 129 Rep 2,658 Posts Drives: E60 545i Join Date: Oct 2005 Location: Toronto, Canada iTrader: (0) Garage List 2005 545i [0.00]	Think about it man $24K may be cheap for a 2006 M3 but it's still very real money. See rostik's (whatever his username is) threads for info on the perils of salvage title ownership, and think about what a hassle it will be to sell a salvage title even if it's in perfect running condition.
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05-21-2006, 03:45 PM	#8
ase2dais //Mdicted 347 Rep 9,988 Posts Drives: a Cop Magnet Join Date: Sep 2005 Location: 495 Ring iTrader: (18) Garage List 2009 e92 M3 DCT CF ... [10.00] 2015 S-Works Roubaix [0.00] 2013 Trek Madone 5.9 [9.50] 2012 Scott - CR1-Pro [10.00] 2008 e92 M3 6MT (Up ... [10.00] 2002 e46 M3 Cabriol ... [7.00] 2006 e90-325i (DD) [7.00] 2002 e39 M5 (retired) [9.50]	Stay away from that car, a salvage car value has been disminished, you may even be paying more what is worth! And from insurance standpoint it so it going to be a little harder to insure, for its worth zero in their mind. unless you get it certified again by them or others, before they will it insure it. But once they do, it wont be of the full book amount. Another hurdle you have it your bank, if your bank is loaning you 24k but the insurance will only insure it for 10k. What do you think will happen if you total it. Whats the value amount of the car? You guest it! yup 10k so you have to come up with the difference. Its best to talk to your insurance company first before you decide on this. And you will also have to rebuit the title for you cant operate a salvage title car on public streets and highways. It has to pass a rigorous recertification process. And that may cost you money that you think you saved. __________________ Oo\(lll)'(lll)/oO : 2009-e92 ///M3 SpaceGry DCT CF Rf/Trim ZTP ZPP ZCW Sat/PrmSd : \_lOOl___lOOl_/<< Clickies
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05-21-2006, 05:38 PM	#9
E90Boy Captain 35 Rep 674 Posts Drives: 14 F33 Join Date: Aug 2005 Location: Boston iTrader: (4)	Thanks for everyone's advice. I've also thought about it and decided to put the money on the 335i or the new M3 :rocks: .
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05-21-2006, 10:09 PM	#10
Ryan@Motorwerks Captain 48 Rep 963 Posts Drives: X3M Join Date: Oct 2005 Location: Houston, TX iTrader: (0)	Sounds liek a potential project car. If you do buy it, you could make your own purpose built track car. Personally, I wouldn't buy that though....
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05-21-2006, 11:23 PM	#11
ska///235i ***** noob 1366 Rep 10,479 Posts Drives: 325xi>M235i>428GCx Mspor Join Date: Sep 2005 Location: Boston iTrader: (34) Garage List 2006 325xi [0.00]	salvage cars = cars with AIDS __________________ 2006 325xi (Sold) 2014 M235I (Current) 2015 428xi Gran Coupe (STB)
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05-23-2006, 08:57 PM	#13
Carnage Lieutenant General 341 Rep 16,407 Posts Drives: people insane Join Date: Jun 2005 Location: classified iTrader: (2)	$2,400 maybe. 24K, forget it. Too risky.
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05-23-2006, 09:15 PM	#14
BitStream First Lieutenant 36 Rep 344 Posts Drives: 2006 330i Join Date: Nov 2005 Location: New Jersey, US iTrader: (1) Garage List 2006 330i [0.00]	i wouldn't take a flooded car for free
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