Hi Ozbargain
First time lurker, First time poster.
I'm in some need of some advice from the automotive enthusiasts here!
My current situation
BMW 320i - E90 Model - Black Metallic Paint
Purchase 2009/2010
KMs: 60,000kms
Has been having multiple issues recently with the car
Went to a BMW specialist repairman (not the actual BMW official shop) who identified these issues.
- Engine light always on
- Loud noises/rattling when driving the car on start up
- "Low engine Power, Engine Fault"
- White/Black smoke coming from the exhaust at high revs (likely secondary to some form of oil leak?)
- Low engine oil level consistently? (related to a possible oil sensor malfunction)
- Timing Chain needs repairs (according to fault codes)
The mechanic quoted me approx anywhere between $5-8,000 to repair and diagnose including parts and labour
This car has caused me nothing but troubles over the years we've had it. Its been a lemon since day one and I wish I had never gone BMW. (Spare me the "should have gone Jap/Korean." because i've now learn my lesson)
Fast Forward to today
I've had a look at a few new cars coming out this year and I've got my sights set on the new Civc Hatch (possibly in a sports version). But if there is a cheap solution to repairing this car ie around 1-2k i'd be happy to stay with the current car. I just have that feeling once the engine issues are sorted something else arise "history will repeat itself," yada yada yada.
I also want to say I have no actual feeling of connection/affinity/love/affection towards this car so if it goes I wont be too fussed.
My question for you guys is
How would you go about managing this situation?
A. Sell the Car on Gumtree/Carsales and inform the buyer the faults which exist with the car (which will definitely reduce resale value) (Estimated worth of a fully functioning model 15k … if sold would get like maybe 6-7k?)
B. Take it into a Honda/(Whatever the next car I end up getting's dealership) in its current state and hoping for a decent value and move on with a new car. (This may include tactfully not declaring any major issues unless questioned by the dealership)
C. Keep it and get it repaired.
D. Repair it and try to then sell it privately.
TLDR Car is sub optimal condition, how do I move on? Sell, Repair or Trade in for a new Car.
Thank you all!
60k km now and purchased new? That's very low mileage for such serious problems.
If you're thinking of repairing and then selling, check out existing 09/10 E90 models and what they sell for to see if it's worth repairing and selling.
It sounds like you've bought an unfortunate money pit, and by the sounds of "This car has caused me nothing but troubles over the years we've had it" it's going to be an endless pit at that. Getting a five year warranty on a new car is going to feel great.
I would be tempted to cut your losses and try to sell the car to a mechanic.