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#1 2012-03-23 19:54:55

Justin86
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Justin's Dumpy Mule: Project 1986 BMW 325E

So. Now that I'm back on the road, I will be purchasing a vehicle in the next coming months.

Of course, I have a baby girl. Baby girl is very important. With that being said, Stacy has the 'family' car: Toyota Matrix xR Automatic. The thing is bulletproof, runs smoothly and is a reasonable vehicle; standard Japanese mule.

Now. I've already been through the mental exercising of "Well, Justin, you should buy a mid-2000s Civic/Corolla/Focus/Cobalt/Elantra"...but. That's just not me. I've always been in to more of a unique approach. Not to mention, I am more than capable of completing almost all maintenance on my own.

(Or, swallow my pride and drive around in an econobox.........  sad)

Also, Stacy and I have talked. She understands my affinity for them. And, actually, wasn't completely shut off by the idea. She thought it was cool, the idea of a more classic-ish car. She thought if one was found in clean condition, and it was reliable, why not? She also trusts that I'm not a complete dipshit, and, as I am mechanically inclined, trusts my judgement with such things. (yeah yeah yeah...my judgement...another topic in another thread...)

Tell me why I shouldn't buy an e30. I've been researching quite a bit in the last week. I like the looks. I like the quirkiness. I like that I live in a place where cars are available, rust-free and in relatively high quantity--I'm about 3-1/2 to 4 hours from LA.

Are there things that will bring about trepidations?

This will be my DD. I fully intend on maintaining it to a tee, as with any vehicle I've owned. So, that's not an issue. Also, as stated, I live in a place, Las Vegas, where weather isn't an issue.

Enlighten me. Good idea? Bad idea? Am I a fucking idiot for wanting a dorky, 25-30 year old car? Do you want to slam my head in to the keyboard for even making this thread?

Also. My credit.... yeah. Not the prettiest. Barely hovering above 600... Yes. Ouch. I know. DUI and unemployment are motherfuckers. 2009 did not treat me well.  sadbanana

So. Now that that's out there, what's up? I would have cosigning options, and Stacy's  credit is 800+, but I don't want to drag her down. Especially with purchasing a house in the next 2-3 years.

I'm thinking paying cash out of the gate, and I have cash out of the gate. But, with that said, is a mid-80s BMW the right choice? Also, dead cash versus spreading out the cash and cancelling out finance with investments...I understand that. But, reality tells me that it's impossible to get consistent 10% returns on investments, and my used car loan with a cosigner is going to be somewhere in the 8.5%...at best.

FLAME ON!!!

ibminivan

Last edited by Justin86 (2012-05-08 11:55:40)


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#2 2012-03-23 20:33:24

thebillsman
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

I don't see any reason not to buy an e30 325i. If you find one in good shape and running well it still shouldnt cost over $7500. I plan on finding a ~$2000 beater by the end of the year.


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#3 2012-03-23 21:02:52

-B-
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

I went bankrupt and got a DUI in 09' as well...bad vintage   unamused

I've owned an E30 and 2 E28's, can't say it's a bad idea at all. I'd avoid the 318 and autos. Don't leave a 325e off the list, gobs of stump pulling torque make the power dip acceptable.

Exhaust bits are pricey on BMW's, but everything else is not bad. Easy to work on, but sometimes there is a special tool or some quirk to know. Absolute gobs of info on the web. Here's a few things I can think of you'll probably need to address at some point:

Suspension, control arm bushings and tie rods are weak and tend to wear quickly.

Shifter bushings tend to wear quickly

If you DIY your first valve adjustment will take 4 hours longer than everyone says it will.

Brakes are easy, EASY. Easiest I've ever done.

Tune ups are pretty standard, tons of working room and fairly easy.

I'll get a comprehensive checklist from my BMW guru guy if you get serious on one. If you find a nice modded E30 with an M30 Big Six or M50 swap I'd seriously consider those if done right. You'll probably come across a lot of shaky steering wheels should you go hunting for one. They all sound like they need a valve job and the dash will probably be cracked and leather spent.  arrow-up said $7k will buy you a nice one, that would be a pretty fine example, $2k could get you a solid car with some lovin needed.

Finally, don't get tempted by that ///M, it stands for money. M cars are expensive to own, M specific parts are pricey. They also require more maintenance under the hood.

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#4 2012-03-23 21:34:51

scot_douglas
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

Do it.  Use the cash to drive the price down on what you really want.  As long as you do your research and know repair parts are a bit more pricey, you'll fare well.


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#5 2012-03-23 22:19:05

Justin86
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

My other thought, possibly far reaching, is that this type of vehicle can be sold for equal or greater value in a few years, or I have a sharp classic car.

Also, I've read, much like the inline 6 in Jeep vehicles, the fucking things are indestructible.

-B-, couldn't agree more on ///M. It's took me 4 years of car shows with my old man to learn that a straight, stock vehicle is sharper than some horsepower machine or panty dropper. I want a standard transmission, clean appearance, and a strong foundation. I can fill in the other tidbits.  cool

Edit: with that first statement, it's can be inferred that no vehicle I listed under econobox will have a higher resale.

Last edited by Justin86 (2012-03-23 22:22:50)


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#6 2012-03-23 22:37:33

-B-
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

yes, the BMW 6's are damn near bulletproof. I was at a show where a guy with a 735i had over 500k on original long block, confirmed by the certified tech that maintained it. I can't remember the model year though. If you find a nice e30 and it stays nice you'll probably sell for what you gave for it in a few years. Don't discount a nice e28 either, though  I only go for the grey market or Euro bumper modded ones. The US spec bumpers were like diving boards. Early e30's have them too but they aren't as bad, a lot of owners drill holes in the bumper shocks and compress them. e28 535i is a fun driver.

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#7 2012-03-23 23:36:38

tlow98
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

7k on an e30? Holy fuck that's a lot of monies.

Great cars, though, I want one, too.  sly

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#8 2012-03-24 00:48:14

john_matrix
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

Go with that dirt-e-30

http://i.imgur.com/N52Cy.gif

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#9 2012-03-24 07:52:04

Scargo
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

My only qualm would be passive safety should you be transport the rug rat in the E30. It just wouldn't hold up well in an impact. Are E36 out of your price range? How about C4 UrS's (although still losers in the depreciation war)?


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#10 2012-03-24 09:27:32

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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

I like the idea of an e30. Beware of poorly maintained inexpensive ones since a beater with needs will quickly surpass the price of an expensive one that's mint that's been meticulously maintained by an obsessive BMWCCA type. Once you fixed all the basic mechanical problems and got caught up on the millions of neglected maintenance items you'd still have a rough-looking, less reliable car for the same or more money than if you'd bought a nice one in the first place.

I like the idea of an e28 (I think -B- suggested it). Love the lines on those, and because it's a sedan it might be easier to find one that's been perfectly maintained and not beaten-on. I rode in a manual 535i back around 1992 when I didn't know shit about cars, and it seemed fast, solid, and classy as hell at the time. I also drove a friend's manual 733 of the same vintage during that same period, and it had a very similar feeling of ballerness and solidity. I wouldn't rule out an old 7 series or 6 series. 5, 6, and 7 series of that vintage I'm assuming will cost in the same price range but be much larger, more substantial cars for your fams to lounge in. I can't imagine it'd be fun or comfortable to fit you, the babymama, and a crying babby in an e30 for more than 15 min of driving. I've only been in one e30 (a 4 door) and it was a sweet car but 'twas tiny and narrow on the inside.

How many miles a year are you likely to drive, and what's the max you are comfortable spending?

Last edited by Bunnspeed (2012-03-24 12:54:14)


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#11 2012-03-24 10:03:42

Augie
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

Differences  between us aside, Regardless of what vehicle you purchase please repair your credit. Getting a loan and paying it off will go a long way towards that. Even if a small loan or a "secured" auto loan. The cost of bad credit is more than your investments can ever offset.

If you get a secured credit card and a secured auto loan within 6-12 months you should be able to get your scores up to the 650 range, enough for a FHA loan for purchasing a home with 3.5% down. If the home is the ultimate goal then the car isnt a big deal, and if you have to buy a smaller/cheaper car you really dont want to fix your credit to buy a house that that is what you have to do. What is your biggest goal? The Car or the House? The Choice is yours alone to make.

This is all IMHO and comes from years of working with clients that come to me wanting to buy a home and not having any way to do so. Not turning them away, but giving them the tools to repair their credit and buy a home 6-12 months later with financing from me. ( im not totally altruistic in this, I make a few Dollars in the end) Secured financing is one of the best tools to repair your credit on the market. If you would like a link or two to read PM me and Ill send you someplace to learn about it if you dont already.


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#12 2012-03-24 10:28:09

-B-
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

Scargo wrote:

My only qualm would be passive safety should you be transport the rug rat in the E30. It just wouldn't hold up well in an impact. Are E36 out of your price range? How about C4 UrS's (although still losers in the depreciation war)?

Think so? I've seen quite a few take a pretty hard hit and come out ok. Only thing missing is airbags, which most modern econoboxes won't give you in the rear anyhow. Remember, European cars were designed with safety in mind when others weren't and BMW always ranked at the top with the likes of Volvo. Volvo just chose to market it more. And while I won't say it will do better than a new car, I will say while owning and working on quite a few I was impressed at the build quality and engineering of the mid 80's BMW.

e36, I dunno, the early/mid 90's starting seeing a decline in reliability for BMW. Especially in the nuisance department with things like electrical gremlins as they gravitated to automatic climate control etc. Still great cars, but more demanding from a maintenance stand point and those were the years they started seeing issues that never plauged them before with interior quality (mainly the door panels), water pump impeller issues and iirc there was a problem where the rear subframes were ripping off at the mount points. I'd still own one, but knowing it would cost more to own then an e30. My first BMW was a 97' 328i and I loved it, but refinement aside I had as much fun driving the 85 325e I picked up a few years later.

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#13 2012-03-24 10:36:36

tlow98
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

I wouldn't fox with an e36. Not vintage, just broke ass and all the little crap breaks a lot.

I'll just leave this here.

http://www.bmwcca.org/classifieds/listings.php?id=2370

Do a bumper shave like mentioned on here and this is a seriously easy car to work on and if the body's in good shape could last a long time in your location. Far away, but one owner .... Come awwwwnnnn

Last edited by tlow98 (2012-03-24 10:39:14)


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#14 2012-03-24 10:59:44

tlow98
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

Ketchup on da inside... You'd be a fuck nigga not to buy that 533 with the high comp 3,2.

Not trying to sway you away from the 30   star

Nice drive from NC (so far, ugh) this time of the year. :nostar:

Like a baby M, it was the fastes sedan in America when first introduced. Fuck, I'll go buy it


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#15 2012-03-24 11:20:19

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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

arrow-up So sharp.  roxor Some dark tint and Justin86 could look and feel just like a Jamaican gangster in that car. I dig it.  up  up


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#16 2012-03-24 11:49:37

-B-
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

The red one in CA with the euro lights looked decent to for $3k. The e30 with the S52..... roxor

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#17 2012-03-24 12:17:09

tlow98
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

You're gonna need Air con, correct? I'd plan on any bimmer from the 80s (more like ANYcar from the 80s) needing about 1k$ to get that operational, unless you're real handy with that stuff it almost always pay to take it to a pro. I'm assuming there's lots of great A/C shops in Vegas. Bonus

Bingo, bunnspeed, some light Tint(think 50% tint, classy, family vehicle) and black out that trim with some Wurth brand black trim spray on that window trim. The perfect future boyfriend intimidator ride. It says, "you could end up in my foundation." srs dad with taste


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#18 2012-03-24 12:58:31

Justin86
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

That Black one is SHARP.

Augie, good tips. I have a secured card. The one thing I will say is the timeframe we have set forth and from discussions with lenders and between Stacy and me, it's implausible to consider my credit or file jointly for a home loan. Her credit is just that much better than mine. And, I dig the secured loan idea for repairing my situation. Thanks. embeer cool

I will cruise that BMW club. :homersimpsondonutfingers:


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#19 2012-03-24 13:01:33

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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

A few  cool-looking E30's, E36's, and E28's on the first page of this StanceWorks thread, to whet yer appetite:
http://www.stanceworks.com/forums/showt … amp;page=4
Also, thanks in advance for not taking this thread off topic with a critique of some of the other more 'polarizing' cars in that thread.

Here's an E28 I liked:
http://imgz.us/?di=14133260845515


2008 GTI, now with S3 K04
1997 Cadillac DeVille a.k.a. The Marshmallow Warhammer

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#20 2012-03-24 13:02:15

Justin86
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

So, I don't want an automatic, but here's a prime example of what I'm thinking is possible in the 3-5 hours from my doorstep range.


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#21 2012-03-24 13:04:15

Justin86
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

I'll also repeat, stance, aftermarket stuff, swaps, et cetera, are not at all necessary. Call me a 65 year old curmudgeon, but a stock runner that is sharp is prime material.  cool


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#22 2012-03-24 13:09:06

Scargo
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

-B- wrote:

Scargo wrote:

My only qualm would be passive safety should you be transport the rug rat in the E30. It just wouldn't hold up well in an impact. Are E36 out of your price range? How about C4 UrS's (although still losers in the depreciation war)?

Think so? I've seen quite a few take a pretty hard hit and come out ok. Only thing missing is airbags, which most modern econoboxes won't give you in the rear anyhow. Remember, European cars were designed with safety in mind when others weren't and BMW always ranked at the top with the likes of Volvo. Volvo just chose to market it more. And while I won't say it will do better than a new car, I will say while owning and working on quite a few I was impressed at the build quality and engineering of the mid 80's BMW.

e36, I dunno, the early/mid 90's starting seeing a decline in reliability for BMW. Especially in the nuisance department with things like electrical gremlins as they gravitated to automatic climate control etc. Still great cars, but more demanding from a maintenance stand point and those were the years they started seeing issues that never plauged them before with interior quality (mainly the door panels), water pump impeller issues and iirc there was a problem where the rear subframes were ripping off at the mount points. I'd still own one, but knowing it would cost more to own then an e30. My first BMW was a 97' 328i and I loved it, but refinement aside I had as much fun driving the 85 325e I picked up a few years later.

Wasn't thinking about rear airbags (deadly for car seats anyway) was thinking side intrusion, rollover and parent survivability in offset frontal crashes. Sorry, an 80s E30 and any of the other non-M-B Kraut Wagon pretty well suck at those. The first non M-B really decent passive safety German car was the 2nd Gen Audi C3, most of its safety mods being done to overcome the bad (and ultimately undeserved) rep for unintended acceleration which brought to light the overall mediocre safety of the cars. This appeared to spark the Germans as the E36, E39 Bimmers, and B4, C4 & D2 Audis as well as A3 and eventually B5 VWs finally were comparable to the M-Bs, Volvos and pre-GM Saabs (oh yeah, Lexus) of the time. Sure, we all know of some survivors of hard hits in our favorite 80s car in the past (my fave, a member of our SCCA plowed an A2 GTi into an Angus Cow in the dark in the rain...think about it) but how many non-survivor stories are there b/c there was no one to tell?

Anyway,  THATs why the mention of the E36 (and a  up for the E39) and the C4 UrS. All fun, reasonably reliable, but unfortunately still on the wrong side of the depreciation curve. I'd totally stay away from the 7 series tho, particularly in the Desert SW. Inadequate cooling and sophisticated electronics = trouble.
out it)


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2005 Saab 9-2X Aero Satin Grey; Cobb STX tune/Cobb 25 mm FSB, FHI RSB/H6 upgrade/Prodrive Blues, Koni Inserts/IxizHood/Stromung DP, Cat, STi catback, Hella MicroDE fogs, color keyed/polished roof rails.

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#23 2012-03-24 13:19:22

colb218
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

I can't comment on the E30 too much, other than that my uber car guy neighbor had one for a bit when I was growing up.  Seemed to serve him well for quite a few years and I don't remember him wrenching on it nearly as much as his beloved Monte Carlos.  I had an E36 325i.  Even though it was 10 years older it rattled less and produce less road noise than my 92x does, plus I could turn the traction control off and scare the bejeebus out of my friends when I wanted to.

Regarding credit.  If you have the cash to buy the car I'd also suggest doing a secured loan.  Revolving debt(credit cards) are a good way to start rebuilding credit, but any lender will also want to see that you have paid off a term loan.  Where I work we offer them at 3% over whatever you have the money in.  I would definetly make sure you tell the FI you want the loan to reflect on your credit report.  We don't automatically report these loans as some people don't want to have the liability show up on their report for a completely secured loan.  I can't comment directly on how much this will increase your credit, but it is a great way to cheapily increase your score.


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#24 2012-03-24 13:42:12

-B-
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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

Justin86 wrote:

So, I don't want an automatic, but here's a prime example of what I'm thinking is possible in the 3-5 hours from my doorstep range.

stick with an e30, more parts available and some of those e21's can be a real pain with issues. e21 feels like an old car, e30 still makes you feel like your somewhat close to the present.

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#25 2012-03-24 14:46:14

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Re: Justin's Dumpy Mule: Project 1986 BMW 325E

BMW 320i's just aren't in the same league in terms of looks and character as compared to the other cars up for discussion. cool


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