Is an e34 worth spending money on? |
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ivanovoitch
Really Senior Member II Where did all the white water come from? Joined: 18-January-2006 Location: dublin Status: Offline Points: 559 |
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Posted: 17-February-2007 at 12:51 |
The e34 didn't just pass the NCT this morning, it stormed it. (Slight
imbalance in rear the suspension means it's not 100% but it's close).
So the question is if a 15 YO e34 with 165,000 on the clock is worth spending money on? I'm now thinking about spending a few grand on improving the pauper interior and getting a respray. It has a little rust in the rear passenger side wheel arch and a few little dents but it's structurally sound. What do you think? Spend money on it or just drive it to death? Double Post removed, please reply to this one, thanks. Edited by Derek M5 |
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Ben O Brien
Really Senior Member II Joined: 12-August-2004 Location: Limerick,Ireland Status: Offline Points: 1205 |
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Depends on whether you want to keep it forever or not, i love e34's so id be spending money on it but form experience you wont ever get it back so decide carefully! Contrary to popular belief at the mo i find irish cars of this age in much better condition bodywise, my 92 has its fair share of rust underneath and ive seen a lot of similar uk cars (not just bm's) with lots of rusty arches etc from the salt so if you can get an irish car thats been looked after your more likely to have a structurally sound car. Pity i cant say the same for suspensions and general mechanicals!! Congrats on it passing the test, one less e34 in the scrappers can only be a good thing!
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99' 740iL
99' 728i Sport 98' E39 M5 - Avus Blue, Dec Car! 96' M3 Saloon - Estoril Blue 94' M3 3.0 Convertible 91' E34 M5 - 3.6, Macau Blue *E36 M3's Breaking* |
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IamSpartacus
Moderator Group Joined: 21-November-2002 Location: Singapore Status: Offline Points: 3625 |
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I'd agree with Ben, it's worth doing if you're going to keep it. You'll be very lucky to get the money you put into it back, it might help someone to buy yours over another if you decided to sell, but that'd be about it.
If it's been a good car up to now and you can justify the cost go for it, at least you're dealing with a known quantity. |
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Tom Elliott
Senior Member II Joined: 31-March-2004 Location: Ireland Status: Offline Points: 158 |
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I've been having the same considerations about my own 91 E30 same mileage 165K.. No rust even though it's an english car originally, i think it only spent a few years in the UK, 2 max. It really deserves a re-spray.. what to do what to do.. The conclusion i came to is that i'll look after the chassis, steering and suspension as much as possible then when the engine expires (no sign of this happening yet) I'll source a rust bucket from the UK with a nice unabused engine and do a transplant If it costs you 1 to 1.5 K on parts and servicing per year your doing well.. depreciation on a newer beemer would cost you the same... |
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ivanovoitch
Really Senior Member II Where did all the white water come from? Joined: 18-January-2006 Location: dublin Status: Offline Points: 559 |
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Right...
...given I don't need any car and I can afford to throw a bit of cash at this one and I'm unlikely to find a better one mechanically and structurally and I like it's looks and how it drives... ...it seems the consensus is to keep and restore. Right? Edited by ivanovoitch |
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IamSpartacus
Moderator Group Joined: 21-November-2002 Location: Singapore Status: Offline Points: 3625 |
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Yup! Good luck with it!
ETA: I'm hoping to get all the niggling bits on mine sorted this year - stone chips, carpark dings etc. With that and replacing the rear shocks she'll probably hit me for over 5K this year.... but worth every cent! Edited by Derek M5 |
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stephenperry
Bavarian-Board Contributor Joined: 20-April-2004 Location: Elgin Status: Offline Points: 7213 |
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seems like you're looking for justification... seeds of doubt already sown? since it's you who will have to fork out the cash for restoration and live with the car day to day only you can make the decision, don't expect unbiased opinion from other owners |
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2007 Ford Mondeo 2.0 TDCI Titanium X Auto 1983 Ford Sierra XR4i 2000 Alpina B10 3.3 #118 1999 BMW 323Ci 1995 BMW 318i SE 1994 Vauxhall Omega 2.0 GLS 1995 Ford Mondeo 1.8 LX 1990 Honda Concerto 1.6 EX 1986 Ford Orion 1.6 GL 1989 Ford Fiesta 1.1 Firefly |
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Tom Elliott
Senior Member II Joined: 31-March-2004 Location: Ireland Status: Offline Points: 158 |
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keep it
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nn_dd
Really Senior Member II Joined: 07-October-2004 Location: Co Clare Status: Offline Points: 602 |
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Wouldn't spend too much on it, you've already had reservations about doing it - by posting the Q, so it could always be in the back of your mind. That's how I'd be looking at it anyway. But by all means keep it, sounds as if it doesn't owe you a thing. |
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E39 530d Touring
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Curley
Really Senior Member I Joined: 28-February-2006 Location: Allenwood, KIldare Status: Offline Points: 431 |
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Keep it, but don't go nuts on the spending, keep the car mechanically 100% and you will not go far wrong. There's still plenty of good Irish E34s out there and unless you're going to hold it for the next 5 to 10 years I wouldn't bother spraying it... Well done on the pass... |
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540 V8
Bavarian-Board Contributor Lick my badge Joined: 07-December-2005 Location: Running the asylum Status: Offline Points: 2280 |
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Keep it! I've had 2 e34's and none of them have really ever cost me money outside of the odd wear and tear items. Mine is very sound mechanically and it's done about 153k, no rust but plenty of little dings n scrapes which I'd love to get rid of, but in my shoes, I'd keep so if you are happy with the mechanical and chassis side of things then a little spruce up will make you appreciate your bomb proof bavarian motor that little more. Go for yer life! Mike |
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Current:E34 540i Touring 6 speed manual(Mpower bodykit & suspension)& Chrysler Voyager 3.3 V6 auto Previous:E34 530iSE AC Schnitzer suspension. E28 525e auto-Standard |
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ivanovoitch
Really Senior Member II Where did all the white water come from? Joined: 18-January-2006 Location: dublin Status: Offline Points: 559 |
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Did you ever have a girlfiriend who you knew was fundamentally fit? You knew from experience how well built she was and you also knew that she'd do pretty much everything you'd ask of her? You knew she was reliable and you got pleasure from the fact that other blokes fancied her?
But every time you saw her in the morning light you couldn't help noticing that she wasn't as young as she once was, had a few pock marks here and there and her underware wasn't as fresh as it used to be? If you could afford it wouldn't you want to spend a few bob on a bit of derma ebrasion, a fake tan and some new clobber so that she'd keep looking fit as a butchers or would you rather she stayed on the slippery slope of aging and lost what it was that attracted to you to her in the first place? bty: this is a car were talking about! That's my e34 dilemma! |
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Curley
Really Senior Member I Joined: 28-February-2006 Location: Allenwood, KIldare Status: Offline Points: 431 |
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Point taken, however, no matter how good you are to the e34 the ages of time will eventually catch up and then you go for a newer (younger) model. There's a lot of metal on an E34 to spray and it would want to be good, nothing worse than a blotchy tan ?? I guess you have to come up with a happy medium on cost between looks / mechanicals, personally I'd always go for an attractive model who shows her age well, but is still nice and taut underneath... If a big make over is on the cards, you're going to have to keep it to justify the expenditure. Decisions decisions ?? |
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Peter Fenwick
Bavarian-Board Contributor Joined: 27-August-2003 Location: Lost somewhere in time... Status: Offline Points: 6484 |
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If you plan on keeping the car for a good few years and you are sure that the mechanicals are not going to fail in the next year or so then it might be worth it. However you will not get a penny of what you spend back since the milage will be the biggest factor in the cars resale value. Normally I would say don't spend any money on it other than to keep it road worthy. Save your cash and put it towards your next car in a few years time. It is up to you though. If you really expect to keep the car for another 4+ years and mechanically it is still very strong then I don't see why not. |
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Entering an age of Austerity and now driving a Focus Diesel.
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IamSpartacus
Moderator Group Joined: 21-November-2002 Location: Singapore Status: Offline Points: 3625 |
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Would you prefer divorce? |
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unkel
Advanced Newbie Joined: 03-March-2006 Status: Offline Points: 31 |
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I'm with Peter Fenwick on that one. Unfortunately this is probably the reason there are noticeably fewer E34s on the road today compared to a few years ago
But by all means keep her going, you love her! |
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ivanovoitch
Really Senior Member II Where did all the white water come from? Joined: 18-January-2006 Location: dublin Status: Offline Points: 559 |
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Value all the opinions folks!
Jury is still out. Going to stick in a new (non-milky) windscreen, get the wiper linkage replaced, stick a new set of discs on the front and go from there. BTW, this girl does about 100miles a week of stop start stuff. Is 20MPG a reasonable return? (Does about 30MPG on a decent run). |
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unkel
Advanced Newbie Joined: 03-March-2006 Status: Offline Points: 31 |
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I got 20MPG out of my '94 E34 530iA V8 in mainly commuting Dublin traffic. About the same in my current '96 E38 735iA V8. So, no, that's not a reasonable return imho. Or perhaps your right foot is very heavy :) |
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chazzer
Bavarian-Board Contributor V8 Baby !!! Joined: 25-April-2005 Location: south bristol Status: Offline Points: 383 |
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Regards Chaz |
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Current : 1995 BMW E34 540I Auto 98K Fully Loaded, Leather, Sat Nav & Dvd. Previous: 1991 BMW E34 520I Manual(non-vanos) 185K with full leather. 1990 BMW E34 525I Auto 113k in sterling silver
& 1993 BMW E34 520I SE in dimond black |
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Rhys
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Think my old E30 320i did about the same mpg, Not the best engine I was led to believe, specially in a bigger car anyway - better economy with a 525 but a lot better than the 1.8 (or so I was told).
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