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Old 12-18-2006, 03:19 PM   #1
ChrisV
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My newest purchase...

Well...

...this is my next car:







$7500 1998 740iL Carfax certified, with warranty. 140k highway miles, recent service. Nice, clean example of an E38. Going to pick it up from the dealership on Thursday.

I also bought the entire BMW factory service manual set on DVD (a cool bit of info... once the software is running, you put the VIN in and ever bit of info about the car comes up, and it works on BMW models back to 1938! Which explains why it's a 6 DVD set).

Next step, summer wheels and tires: staggered M Parallels, of course.

In order to make room in the driveway for it, the Falcon will be going. It was supposed to be a quick "lower and paint" cool daily driver, but it needs an engine and transmission rebuild, and I'm not in the mood to do yet another major engine removal project right now. So, while it's still together and stilll kinda runs and drives, it's going away and I'm getting this BMW to be the daily.
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Old 12-18-2006, 04:27 PM   #2
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nice ride, you're not shreddintread on streetfire.net are you?

he recently just bought essentially the same car, and he is into photochoppiung too lol
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Old 12-18-2006, 05:36 PM   #3
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Quote:
Originally Posted by nighthawk
nice ride, you're not shreddintread on streetfire.net are you?

he recently just bought essentially the same car, and he is into photochoppiung too lol

Nope.
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Old 12-18-2006, 05:52 PM   #4
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Congrats! Can we get some more pics?
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Old 12-18-2006, 07:14 PM   #5
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Awesome... The E38 7 series has always been my favorite 7 series. Congratulations. Is that a car phone on your armrest?
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Old 12-18-2006, 07:39 PM   #6
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Yeah, it's an old school car phone. Lol! Not going to get much use these days. I'll get more pics this weekend when I pick it up from the dealership. Can't wait. Going to be driving it it all over CT on Friday, then drive back here to Baltimore on Saturday, so it's getting a good intitial workout.
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Old 12-18-2006, 11:49 PM   #7
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Quote:
Originally Posted by elchango36
Awesome... The E38 7 series has always been my favorite 7 series. Congratulations....
i agree with you, its my favourite 7!
nice wheels and interior too!!!
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Old 12-19-2006, 03:19 PM   #8
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Lovely car, Chris. Looks like you got yourself a bargain!
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Old 12-19-2006, 04:41 PM   #9
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GO CHRIS!


Are you sure you're getting a good deal? I bet you could get that down to 7k if you tried.

You are paying the general going price for this car, I want you to get the best deal


For ex:

http://cars.com/go/search/detail.jsp...dEx ists=true


That's a 1988 740il with 115k on it for just 6800...
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Old 12-19-2006, 05:42 PM   #10
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I'm getting financed through Capital One, and the minimum they allow is $7500. This is actually the cheapest '98 I've found, with retail being well over $10k. I also was bidding on a '97 SWB, and a '96 that was optioned up with the M parallels and a lot of nice cosmetics, but that one went over $8k, and I decided that the $7500 was the best deal available regardless of what a price guide said.

The other SWB I was looking at was going for $8900, and a pair of '97 LWB versions were over $10k with warranty.

Yeah, I think $7500 was a good deal for a loaded, two owner '98 with warranty and clean carfax, even with 144k miles.
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Old 12-19-2006, 05:45 PM   #11
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Oh, and I could have gotten a lower price on a brown car, like the one you posted. I don't WANT brown, gold, or white. I wanted black on tan or black on black. Nor would I go to Illinois, Texas, Georgia, or Florida or anywhere on the west coast, as the small savings that MIGHT be incurred would be offset by the cost of getting it back here.
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Old 12-19-2006, 10:20 PM   #12
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Beamers are great cars in general. I know some companies have ok lines, but every once in a while will botch something or another. Everything BMW puts out is a prime example of that superior German engineering at work.

Of course, their new M series cars are exquisite specimens of this exact thing.
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Old 12-19-2006, 11:10 PM   #13
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I wasn't suggesting get that one or a car on the west coast, just that maybe you could negotiate more with this dealer and get a better deal.

If you can get a cheaper deal, just take the 7500 and pay off the difference of what you don't spend...right?

My motto is you can always get a better deal

But congrats!
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Old 12-20-2006, 02:41 AM   #14
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Quote:
Originally Posted by Bronxie
I wasn't suggesting get that one or a car on the west coast, just that maybe you could negotiate more with this dealer and get a better deal.

If you can get a cheaper deal, just take the 7500 and pay off the difference of what you don't spend...right?

My motto is you can always get a better deal

But congrats!

I got the better deal, compared to what was on the market in the area. Locally, a twin to that car was $10,500 for a black one, and $14k for a silver one.

And if I have a check for minimum-$7500 from a bank like Capital One or E-loans, a dealer isn't going to give money back... hehehehe. Hell, I would have given them the full $8500 to get the M Parallels bought and installed at the same time, but they wouldn't go for it. It's already wholesaled off.
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Old 12-20-2006, 06:36 PM   #15
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Just what you need. Another chick magnet.
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