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I recently bought a 1999 323i from my cousin, which had 33,000 miles on it at the time. I got a great deal on it, as she was buying a new car and wasnt getting a great deal on the trade. She sold it to me on the trade price.
Nothing really went wrong until November, which happened to be the month the warranty ran out. I have paid 700 in repairs since, which ends up being front brakes and rotors and a new gas cap, and am looking at 1600 in the near future.
As stated in the earlier reply, with more there, more can go wrong. My family owns 4 Hondas and have never been happier. They seem to be a lot more durable. I owned a 2000 Chevy Cavalier before this and only had one problem in 4 years of ownership. That problem cost me 250.
You can not compare the driving experience between a Honda or Chevy with a BMW. The BMW lives up to the hype. Its a fantastic drive. It can not be beat.
However, when things go wrong, and they will with a used car, it does get pricey. I would recommend looking to buy a certified used BMW with some sort of all inclusive warranty. I live in New Jersey and have seen ads and other promotions for a deal like this. I have also done some finance studies and it seems that due to the popularity of leasing a car in the late 1990s and early 2000s that there is an influx of used luxury cars that are available with warranty coverage.
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