This time on road and race, my research on buying the right M3
In the previous video I went through my reasons to buy an M3.
In this episode I'll take you through my research to get a good one.
I've decided to buy the previous generation car to the one on sale now as I feel it offers
the best value so I'll be talking about the E92 platform.
I'll explain what came as standard on the car and what was an option.
I'll also share my findings on common faults and what I look for when buying one.
Lastly I'll share the particular specification of M3 I was looking for and how I found the
right one for sale.
I'm researching a car that was released over 10 years ago so wasn't able to find
all the information I would have liked so some points may be incorrect but here's
my best attempt.
The car was available in a choice of 8 exterior colours.
The 6 with metallic paint were Graphite, Silverstone, Interlagos blue, Space grey, jerez black and
Melbourne red.
The final two was a Jet black and Alpine white.
Inside you had a choice of leather in Silver, fox red, bamboo beige or black.
There was also a anthracite and black cloth and leather option available too although
must be pretty rare as I didn't see any cars with this choice.
Standard kit on the car was pretty generous; xenon headlights, tire pressure monitors,
auto dimming rear view mirror, seats with lumbar and width controls as awell as two
position memories, auto rain sensing wipers, air conditioning, cruise control, rear parking
sensors, iDrive computer, and rear folding seats.
Optionally you could specify heated seats, power folding mirrors, garage door opener,
keyless entry (or Comfort Access as BMW call it), 19" inch wheels , Double clutch flappy
padle automatic transmission, warm start, tv, front parking sensors, refrigerated cup
holder and the Electronic Damping Control suspension.
Not sure if the Sat Nav with real time traffic or the voice control feature were standard,
might depend on the year and region of the car as far as I can tell.
Apart from the normal things you would expect to need replacing on a 10 year old car there
are a couple of items that stood out: The first are the throttle actuators.
They basically allow air into the engine when you step on the accelerator pedal.
They use a plastic gears inside them and they wear out.
How long they last appears to vary - can be 60,000 miles, could be only 10,000.
They cost £700 each and there are two so when they fail you're looking at a whopping
£1400 and the cost of garage labour to get them fixed.
Luckily 3rd party upgraded gears made of a mix of high temp nylon with carbon fiber are
available.
They cost £165 if you feel like swapping them out yourself or £470 if you have units
rebuilt for you.
Now time for the big one: rod bearings.
If these fail they'll destroy the engine.
Here you can see heavy scoring on one of them, possibly down to too little engine oil being
able to get in to lubricate the part.
I spent many hours on this one trawling the many threads on forums; bearings had failed
on cars with only 10,000 miles yet you've cars with over 200,000 miles still going fine
on original bearings.
This whole situation reminded me of the turmoil I had before buying my 986 Porsche Boxster
– reports of IMS bearing failures destroying engines.
Most of you watching already know bought a well maintained 986, serviced her regularly
and in two years had no problems with bearings.
Is this a case of bad news travels fast or is this a genuine problem?
Well I've failed to find any hard and fast numbers on the scale of the issue –I'd
be interested to know if there are.
So far I believe it's only happened to a small number of engines.
There is good news though.
You can potentially get an early warning of a failure by having an oil analysis done and
checking for high levels of lead or copper.
If you then decide to replace the bearings and rods parts will be roughly £600.
Fitting them is a bit involved though as the whole front subframe needs to come off so
you'd be looking at 1 to 2 days of labour.
So what am I looking for?
Well it has to have a black exterior with either a black or silver interior.
Done no more that 60 to 70,000 miles and has to have the EDC adjustable suspension option
as I feel that's essential for the track.
Obviously it has to have a full service history and as much additional paperwork such as receipts
and invoices as possible.
Also, has to be less than £20,000.
A nice to have would be the updated CSL 19" wheels.
I think the standard alloys look fine but as these came out in 2011 in the Competition
pack for the car and make it look younger than it is.
Also I think they're the best looking wheels BMW has ever sold.
Anyone who's seen my Buyer's guides videos will know I champion buying a car, especially
a performance car, from a fellow enthusiast, then you have more chance of it being well
taken care of.
So for about 4 weeks I was checking in on the For Sale sections of UK M3 and general
BMW forums.
Nothing fitting my requirements came up so started looking on Autotrader as well.
There were a couple of cars that fitted the bill but were on sale by Dealers.
I gave them both a ring.
The first car was very competitively priced especially only £19,000 having only done
45,000 miles.
The problem was that it had no service history.
None!
I was told it was a dealer to dealer sale and the promised paperwork never arrived in
the post!
Suddenly the car looked over priced and not surprisingly I told the dealer it was too
much of a risk at that price.
He didn't come down on price though.
I politely said goodbye.
The second had a higher mileage of 62,000 but was a thousand pounds cheaper at £18,000.
Speaking with the dealer this car had the BMW Service booklet but that was all.
He could only tell me engine oil and spark plugs had been changed.
No other paperwork for items such as coolant, transmission fluid, coil packs, etc.
Not only this but when I asked if I could test drive it he said the person with the
keys was away on holiday and if I could wait a week!
Also both cars has tyres by Acelleror on them.
I'd never heard of that brand and looking them up they appear to be the budget option
for this car.
It was a comment left on one of my videos by VomDeich which has always stuck with me
– "If a car is equipped with cheap tires in relation to its value - just walk away.
The previous owner was not willing to spend money on the car."
which I think is so true.
So after that frustration I checked a general car site for enthusiasts here in the UK called
Pistonheads.
I immediately kicked myself for not thinking of it earlier as I found a suitable car almost
immediately.
It was the right colour, had the EDC suspension and as a bonus has the CSL wheels.
There were two small problems; it had done 75,000 miles and it was over 200 miles away.
I spoke with the owner, John, who was very well spoken and clearly loved and knew a lot
about the car.
He had bought the car a year ago with only 55,000 miles on it and was selling it due
to the large amount of motorway miles he had done on it and wanted something more economical.
I felt a bit more reassured about the mileage; it was higher than I wanted by motorway miles
are easier on the car than town driving.
Reassuringly the car had good quality tyres on it, the Michellin Pilot Sport 2's.
The clincher though was not only a full Service History but over 3 year of paperwork detailing
all the additional repairs and servicing.
I arranged a time to visit him to see the car and booked my train ticket.
So join me next time when I travel the 200 miles to Leeds and take this M3 for a test
drive.
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helps us make more shows.
Please feel free to get in touch by leaving a comment on this video and I reply to every
one.
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Thanks for watching.
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