Post by
ntwrkguy1 »
https://forums.nicoclub.com/ntwrkguy1-u84148.html
Wed Mar 25, 2015 8:39 am
So....it turns out my father-in-law has decided to lease a new vehicle. He's offered me his car -- a Liquid Platinum Metallic '06 M45 Sport -- at a pretty decent price, and I have a car that I can sell that would net me nearly that same amount. So the question is, should I buy it?
Pros:
He's owned the car since '08, and it was a 1-owner FL car prior to that
Interior is basically perfect and exterior/paint is nearly perfect
Essentially, I know the maintenance history from 41,000 miles forward
Love the factory stance and exhaust note
New brakes all the way around in the last 3,000 miles
Cons:
Tires might have 5,000 miles left on them and are cupped --- and they don't come cheap (at least the MIchelins don't)
Struts are original, and are contributing to the tire problem
Mileage is getting up there (137,000)
Wheels have a surprising amount of curb rash, and constantly seem dirty
Gas mileage is pretty low (16city/22hwy is what I have averaged for the last 2 months)
The gas mileage is really the least of my worries, as neither my wife nor I drive enough to feel that pain (I drive 6k a year, my wife probably 5k). However, the struts need immediate attention, and the car likely needs some additional front end work plus an alignment after a new set of tires. All told, I figure I would need to spend close to $1800 on the car to do struts/tires/any miscellaneous front end work. At that point, the car would be in great mechanical condition.
My wife and I would then have a car that would easily give us 6-8 years of service and still be under 200,000 miles.
Even after spending the money on tires/struts/suspension stuff, I would still be at least $1000 under anything I've seen on Auto Trader, Craigslist, etc. But is a 137,000 mile M45 a wise investment nonetheless?