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      07-13-2013, 11:32 AM   #1
chhatre9
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2009 with 4 owners?

Hey guys, in my hunt for the perfect used M3, I found this:

2009 black coupe with DCT, 19 inch polished, Tech, Premium, Navi, cold weather, ~33k miles, CPO. Asking 45k.

It has a clean carfax but 4 owners listed. Is this something I should be wary of? It's 3 hours away and if I go, it's to buy....
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      07-13-2013, 11:34 AM   #2
TrevorM3
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Honestly, owners don't really matter to me as long as there is no paintwork and it has a clean carfax. My e46M3 had 4 owners and it had 0 issues whatsoever. If it's clean, do it.
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      07-13-2013, 11:47 AM   #3
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Personally speaking, I would keep looking. 4 owners doesn't necessarily mean something sinister, but at the same time, could indicate that the car has a storied history. Also, when you come to sell it, you will be the fifth owner, which might not make it easy to sell.....

Edit: just realized it is CPO, which will give you more peace of mind, but if you are looking for that perfect car, keep looking.
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      07-13-2013, 12:12 PM   #4
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Owners aside, sounds like deal to me..comparable CPO here in Canada is going for nearly 60k.
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      07-13-2013, 12:14 PM   #5
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I am really wary of carfax. A lot of body shops don't even report that damage if you pay it and don't involve insurance.
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      07-13-2013, 12:16 PM   #6
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Quote:
Originally Posted by JC919 View Post
I am really wary of carfax. A lot of body shops don't even report that damage if you pay it and don't involve insurance.
CORRECT MY GOOD SIR,
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      07-13-2013, 01:37 PM   #7
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I agree with both sides (carfax wariness vs CPO peace of mind). Turns out one owner is listed for 6 days. The most recent for 9 months (a bmw tech).
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      07-13-2013, 02:44 PM   #8
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Quote:
Originally Posted by JC919 View Post
I am really wary of carfax. A lot of body shops don't even report that damage if you pay it and don't involve insurance.


Is it the body shops responsibility?


And I don't think that would be such a wise decision in the case of the owner anyway, suppose i wanted to get my front bumper repainted for rock chips.. why would I want/need the body shop to put that on a report?
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      07-13-2013, 05:53 PM   #9
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Owners

I had a car that had an owner for 7 days then 1 month... It was listed as lease owner, then purchase, thenLease again then purchase. Total of 3owners in 3 months...I wrote carfax and complained of incorrect data, they researched and corrected it with no hassle. They determined that the first 3 owners were the same person.. Carfax was corrected the same day too..
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      07-13-2013, 07:11 PM   #10
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Well now you have another choice, buy it and cross your fingers my bro
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      07-13-2013, 07:16 PM   #11
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I bailed on it. It's in CT if anyone else is interested.
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      07-13-2013, 07:53 PM   #12
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Good decision. Don't worry, you'll find the perfect car for you.
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      07-14-2013, 09:07 AM   #13
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Quote:
Originally Posted by TrevorM3 View Post
Is it the body shops responsibility?


And I don't think that would be such a wise decision in the case of the owner anyway, suppose i wanted to get my front bumper repainted for rock chips.. why would I want/need the body shop to put that on a report?
I never said it was their responsibility. However, if I buy a car, I want to know if the previous owner had damage more than repainting that was repaired. I mention this because I had a similar issue with my old car. I rear ended a woman who came off a stop light and slammed on her brakes because she thought she saw a cat or some shit. I had the entire bumper replaced and one of the headlights as well because there was a small crack. When it came time to sell the car, it didn't show up on car fax. However, I mentioned this to everyone who inquired about the car. All I am saying is that one should not fully trust a car fax report for such issues.
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      07-14-2013, 09:42 AM   #14
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Why do people even care how many owners a car has had? If its in good shape, hasn't been in a major accident and its the right price who cares? Does the number of owners really affect its value? I've sold a lot of cars "private party" to other individuals over the years and no one has asked me how many previous owners the car has had. Most ask how I kept it so clean and new looking then hand me a wad of cash to buy it on the spot.
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      07-14-2013, 10:04 AM   #15
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Quote:
Originally Posted by TrevorM3 View Post
Is it the body shops responsibility?


And I don't think that would be such a wise decision in the case of the owner anyway, suppose i wanted to get my front bumper repainted for rock chips.. why would I want/need the body shop to put that on a report?
It's not the body shop responsibility. Anytime and insurance claim is made on that vehicle it will show up on car fax or car proof.
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