I Bought A Cheap BMW M3 At G3 Car Auction UK

[@davidmehlhorn726]

I'm not a car dealer but I can't understand why anyone would buy a car unseen, ie not having checked it over from bumper to bumper? I'm a competent diy mechanic (can do it all up to and incl timing belts!) and I went out to find a first car for my daughter back in August. The few dealers I went to objected to me getting under the car to check for tin worm on the chassis and plugging my diagnostics tablet into the obd port. Naturally the cars they didn't want me checking so closely had numerous issues. So I went and bought privately and spent an hour checking the soon to be purchased car thoroughly. Found a few small issues like worn track rod ends to get a few quid off the price but I ended up with a great little car for my daughter. Then I watch videos like this and High Peak Autos where cars are bought unseen and turn out to be near or total lemons??? Btw, if that injector was open constantly and sending unburnt fuel out through the exhaust, that will damage or ruin the catalytic convertor. C'mon, you guys should know better.

[@sarcastixx74]

That will be hard to shift if there is no evidence of the rod bearings and throttle actuators ever being done. Not massively expensive but could eat around 75% of that profit if a buyer had to come back with it not long after purchase. Bearings around 2k to swap out and actuators around 1.5k. Think there is a repair kit for the actuators though so could be a bit cheaper than the OEM fix. That 750 quid tax is a dealbreaker for me though, my C7.5 RS6 is only half that! It's what also put me off M5's too when I was in the market earlier this year.

[@JelloTypeR]

That £4K margin could easily wiped out by rod bearings and throttle actuators. The E9X M3 is a great car but brittle. I ran one for 2 years but it was a case of any new noise scared me senseless.

[@liamduffin2977]

I agree the rod bearing and actuators will need to be replaced as anyone in the market for one wants proof that's been done.

[@mstar011]

@@JelloTypeR true. Had a mate with one with so many issues he basically scared to drive the thing as anything wrong was always £££ and you don't want a cheap back of the road garage doing work on it

[@JelloTypeR]

@@mstar011The M is for money and the 3 is for 3x the price.

[@scotty6346]

That faulty injector would of created cylinder bore wash damaging the piston rings and bore and diluting the engine oil with petrol, Sorry to say but a big no from me spending that kind of money and then waiting for the engine to grenade.

[@phillipclaridge3112]

It's a handsome car. The big but is the road tax. Surely £750 a year is going to put off a lot of people and now with the new lot in power it is likely to be a lot higher!!

[@stever7097]

Plus the cost of fuel.

[@michaelthompson6885]

The epitome of happiness is Joes face behind the wheel of a supercar.

[@mogsyman]

£750 tax……….at least Dick Turpin wore a bloody mask, that’s disgraceful

[@philh3409]

Ah, you watch The MacMaster😂

[@stevenc5227]

I looked at an i4 BMW all electric 64K new, then i looked at used ones at just under 2 years old 32K, lost 50% value in under 2 years🤣

[@thatpeskyswan]

My old Mitsubishi Evo Ralliart was £650 a year for a 2.0L 4 cylinder 4wd turbo...! +£60 of fuel every 200 miles , worth every penny 😂

[@JeffPower-dv3zl]

❤😂😂😂😂😊

[@trickyfocus]

@@philh3409 onwards my friend

[@philh3409]

Haters will say £4k margin is obscene BUT those that know just know. Well done for having the ba*ls to take the risk!

[@DadgeCity]

Running a business ain't cheap - you need a decent margin. And (assuming it's a reliable dealer like BM) most people would prefer to pay a bit extra for a car that is 100% ready to drive.

[@zzhughesd]

It’s actually too tight. Not enough. Prob needs be 6-8k. You can make 5k with a 5k trade car at £9999. Not unusual These riskier buys need loads margin risk return for repairs pre and post sale. Traders earn 1% to 5% year end 2 million turn over can return under 100k clear profit. It all gets eaten up preparing and after sale woe. .

[@711honved]

Turnover is vanity but margin is sanity! It's the margin that keeps the business going & new stock coming in.

[@buzz44699]

Profits not a dirty word

[@MaxMax-th7uz]

Love this video. Respect for having the balls to buy blind !

[@gibfear]

Sounds fantastic and no stupid popping and banging!!

[@nadi359]

I really feel that this was the best M3 engine that BMW had. Sadly, due to emissions and the tree-huggers, you won’t see these again.

[@urbanpulsewalks]

There's nowt wrong with hugging a tree or two.

[@bastogne315]

Can they float??

[@bastogne315]

Can it float??

[@sccobyste]

This was sat around for years as the previous owner lived in Scotland and never drove it. Was ragged once a year by the storage company, deffo get the bearings done etc

[@tonyb1184]

Given the choice of this M3 and the RS5 it would be a tough choice but I think I'd go with Audi.

[@markymark1940]

Just started watching your stuff. Great content keep up the good work 👏 on the prestige performance part a local garage near me up in Falkirk Scotland do really well because they have made that there nice sell RR M cars etc. Also if you can't get finance with these guys then you never ever will they are like magicians 😂

[@davekennedy6315]

Doing what you do I'd wanna keep all the cool motors you get your hands on, this in particular!

[@dmail00]

Thanks for the video, it is great when you break down the expenses like this and glad it worked out for you with this car. Having said that I imagine some people will see 4k as you ripping people off and think that is money in your back pocket, without them knowing about all your fixed and variable costs for the business. I don't recall a video where you break down your running costs or even if you would be prepared to do such a thing, although I think it could be very insightful.

[@aaabbb-ld2rm]

What business is it for anyone to question how much a trader profitable from a product, the market dictates the price, the trader dictates hiwnmuch they’re willing to pay for a car at auction and the assumes the all the risk with buying it, the retail buyer is given a certain level of warranty when they buy that car from the trader & that’s added to oak for the he trader, & on such a high performance car any comebacks during that warranty period could wipe out the £4K profit, this price of the car Ian what it’s worth, if you want it then you pay it or someone else will, those who would judge him can’t afford such a car, they want humble to take all the risk, provide a warranty as with any dealer & not make the profit that is associated with taking big risks,

[@eddthirty4065]

Hope you changed the oil - you'll get bore wash with so much petrol being pumped into the cylinder.

[@TheDrago1882]

If you bothered watching the video you will see he changed the oil & filter amongst other things

[@urbanpulsewalks]

@@TheDrago1882 There is no need to be quite so rude.

[@TheDrago1882]

@@urbanpulsewalks it’s not being rude, it’s stating facts. People are too quick to judge these days without understanding the full story.

[@urbanpulsewalks]

@@TheDrago1882 How quaint that you confuse your graceless proclamations for 'facts'; such delusions would be amusing if they weren’t so tediously predictable. One might suggest you embark on a journey of enlightenment, but alas, with your intellect, even a brief pamphlet might prove an insurmountable epic.

[@markymark1940]

​@@urbanpulsewalkssomeone swallowed a dictionary for lunch 😂

[@GeorgeMurrayMuirhead]

M3s are my favourite motors ever , I wish I had the money for that one , it’s cool as hell ❤️🏴󠁧󠁢󠁳󠁣󠁴󠁿

[@zzhughesd]

Had 2. Felt very special when 30k trade car. Weren’t easy sell not an independent specialist. Now they’re cheap problem scared the big bills. Engine work. Sad. They are great.

[@Kingdonnerkebab]

Berrows best ever sounding car by a mile! Love it.

[@williamfence566]

Would love this and could afford the running costs as I don't do many miles but not the insurance . There's always someone out there even though it might take a while to sell

[@derekstocker6661]

Well done on this, great looker and super performance, I thought at first it could have been a head gasket had gone when first saw your video but turned out really well!

[@bryanadams4436]

Cracking podcast as usual Joe beautiful car well done

[@nurburgringobsessed5722]

Colour is called silverstone blue mate.. bloody awesome motors, see them everywhere at the Nurburgring so very popular with the track boys 👌🏻

[@mikehanson7328]

Had a 316, a 323 and a 535se. All lovely cars.

[@DaDa-David]

That sound, the up and down changes, I'd be heamoraging cash fuelling that! + the f*ckin tax!!!

[@DaleSteel]

I use to have a 335i back in the day too. Part exd it against a 3 year old v10 m5. Wish id kept 335i lost a fortune on m5

[@wayne2socialmedia]

Joe you didnt include the tank of fuel you used and a set of new rears you used on your "test drive" great video as always.

[@billdornan4379]

Yay! Haven’t heard you “ Hey Ho” for a bit! Kindest regards

[@Nicknofish]

Great video, Joe. Love the motor. If only. Lol. Cheers.

[@chiganuggoo9929]

I reckon that has had the '2 pipe' exhaust mod. Check the top of the back boxes with a mirror and see if there is any additional weld marks that don't look oem.

[@stevenc5227]

Great car i would have one, but the running costs would break me, guess i will stick with my 520d Msport.

[@DaDa-David]

Feeling thin flaps? Thought I was back in Essex in the 90's right there!

[@peter138]

Great honest vid 👍

[@garethjones9450]

Buying with your heart not your head again Joe yeah you say you sorted it but bodging it ain't fixing and yeah you will sell it but how long before they bring it back

[@petyrkowalski9887]

Lovely car but I think the E32 335ci is better. Almost as fast, amazing engine and a lot more reliable and cheaper to run.

[@Mrtonight1000]

How much did u get for it in the end, also your channel is excellent, well done mate

[@mrd64]

Looks great and sounds raucous!

[@NYCENESS_FDA]

Where did you get your ignition coil from for that Price?

[@SimonLoveridge10]

How much were they?

[@michaelnaughton1393]

All those miles, eye watering road fund and the dodgy Heath Robinson botching on a fragile engine does not look a great prospect for longterm ownership. It's good that you could see past this and had the nerve to go for it.

[@DaleSteel]

Ive got a super low milesge one up for sale joe. Top spec. Cant give it away.

[@Southerngeordie287]

How much?

[@DaleSteel]

@@Southerngeordie287 20,999. 48k miles. All options inc individual sound system 900 watt

[@gooner17653]

Hey, How much you after. Thanks

[@sarcastixx74]

Seems to be quite slow in the market for performance cars lately. I've had a mint, low mileage, sprint blue B8 S4 up for sale for 3 months now and my first viewer is coming tomorrow night. Looking at a lot of similar types they've all been up on AT for months now too. GLWS mate

[@DaleSteel]

@sarcastixx74 yes especially older 'classic' performance cars. People don't have the spare cash

[@thomas190364]

Had the same issue with my 2008 325 E93. Took a while to diagnose, but #1 injector was dumping fuel. The car had done 165000 miles, had other faults and a chequered past. The mechanics told me even if I fixed the injector, the fuel dump in the exhaust would mean it would've damaged the cat and fail the mot. I decided to cut my losses, fixed the injector and sold the car for £850. I'm just curious, you haven't mentioned the exhaust system?

[@terryleaman3038]

Nice motor Joe

[@ajw1467]

All good until rod bearings go and thats 2k to sort!

[@middy7302]

Not that its not running its not driving as you are showing speed not rpm. Great content i love this channel!

[@porkster5924]

Only buy one of these if the rod bearings have been replaced. Otherwise leave it alone.

[@SSices]

Aw mate you don’t have to click bait us we are all still going to watch your videos 😂😂😂

[@skodakatie7341]

This car is a weapon, it sounds amazing too❤.

[@multipreach2674]

Hopefully it hadn’t been doing too much whilst the injector was stuck open, bore wash.

[@Sacrifice-Paid]

Coming from experience of having replaced all 6 fuel injectors, coil packs and spark plugs on my E92 330, the price of that 1 fuel injector, ain’t no way that’s a new oem part

[@johnmcmahon4364]

WOW what a car, but the car tax well it hurts

[@matthewsmith4457]

have you changed all the injectors or just that one and were they re calibrated? the car should also have had at least 2 sparkplug changes. They can be quite reliable motors as long as you look after them and you take it out of the garage and drive it. However the maintenance is not cheap.

[@tomoreilly9932]

He who dares rodney,he who dares

[@trickyfocus]

bonnet de douche

[@keithposter5543]

Mange tout mange tout

[@andyburton9312]

It's an amazing engine with the best sound but the interior is sooo boring...

[@trickyfocus]

The new editor is doing a good job

[@misanthropist3877]

Had a white manual one when they were new awsome cars did prfer the c63 over this though.

[@lcharles6306]

you should do a leader board on the hi end cars

[@jep1912]

It's what you can't see that should worry you.

[@paulheyes653]

"Smoking its absolute tw@ off" 😂😂

[@Orza3]

I had e90 M3 and e92 m3 and I regret selling them. Now I want another one to keep forever.

[@ams0876]

Are the rod bearings replaced recently? It’s a common failure in S65 engines. If you have no history of it, £2000 off the asking price.

[@paulsneddon6353]

Whats the song at the end of the video?

[@sydkhan761]

You tipped the balance , im getting one

[@mstar011]

Where on earth did tou get a M3 FUEL INJECTOR for £60? Was that 2nd hand something? As no way i put a 2nd hand injector in a car like that.

[@MadMarchTaffy]

Agree - my local BW specialist would not touch that!

[@winbig1]

They'll cost like hundreds each otherwise.

[@NomadJRG]

Old style non-direct injectors like that are usually pretty cheap. My W204 C63 injectors were around £40 each from Bosch, dead easy to fit as well. Not like the modern direct injection systems.

[@1maico1]

@@winbig1New Bosch injectors are £61 for this car. Shop around. Mind you all 8 should be changed.

[@winbig1]

I had a mint 80k 2009 325i n53 engine. I took to bmw and they said the computer says change all injectors at £600 each x6 including fitting. And I could not find any anywhere on eBay or Internet anywhere that would sell them except from taking a gamble on scrapyard injectors that cost £100 each so I couldn't be bothered with it. ​@@1maico1

[@Seansaundersdecorating]

Always fancied one of these ❤

[@darren130670]

How about getting hold of a 370z nismo something different?

[@Sohalemaqsood]

Nice car mate I have my e93'07, 335i manual in black,& E90 330D '08, AUTO also black both are m sport,what a I've had both for 5 years E9X are the ultimate driving machine,bavarain machine works=BMW

[@CardenasBlack]

No Harman Kardon... Rookie mistake ... im kidding, nice car

[@djsiuk]

Wow that car sounds and looks amazing.

[@ianelliott229]

I’ve had many BMWs but no more. They are just not truly quality cars - not built to last. If anything, I can’t help believing that they are consciously designed to start dying expensively from 80000 onwards. Because they are easy to love - or used to be - they suck you into to the money pit

[@fletchlives3488]

Totally agree with you. I’m on my 10th it they don’t last. But what else do you go for (please don’t say Audi)

[@grahampollitt1548]

What cars are now? All the "quality" ones are living off past reputation. Sadly we have become a throw away society.

[@revoltos]

Give is six months and due to the fuel wash in that cylinder, that engine will have problems.

[@kelvinnoden3057]

A 10 out of 100! 😮 🚩🚩🚩🚩🚩🚩🚩🚩🚩

[@garymorris801]

Great result

[@composedlight6850]

The enginevis probably toast. If excess fuel has been washing a piston free of oil for any time , the. Piston rings gone

[@ShiftingMetal]

It’s not but thanks for the wireless diagnostic 😂

[@DadgeCity]

Parts were surprisingly cheap

[@OleGitRule]

Nice car - still prefer my Yas Marina blue F83

[@daveffs2991]

"engine light is on but you can see car isn't running" - isn't that the speedo?

[@ShiftingMetal]

In that picture, yes

[@G4RY1159]

Thanks again.

[@blackdogchris]

Another good video

[@JeffPower-dv3zl]

❤lovely car Joe Thanks 😊

[@owensteele1645]

Auto Trader's part exchange price is very good for a 13.5 year old BNW.

[@garyhockaday8022]

This m3 is notorious for rod bearings and at that mileage all to do .. at that price is starting to get to f80 money. I fill the f80 was a better m3 …

[@MisterHughie]

Have a feeling that’s an ex BMW UK press car

[@OnlytheBrave360]

Hi, hope all is well, have you sold it mate?

[@hughblack6831]

Anything like my old E90, it used to eat injectors and coil packs all the time. The only problems it ever had, but always put a doubt in my mind as the failures were so often.

[@tomtht3355]

Silverstone II

[@MalcolmGrassick]

Nice car

[@garethbird4259]

Power bulge bonnet nicked off a Ford Capri 😂

[@roystonvehicles9129]

Someone might pick up that that's the speedometer (!)

[@liamegan4303]

Hello Joe. I would love to own this M3, but that Tax is Huge bro, lol. And Fuel ⛽️. But if someone can afford to run it then Nice Car. 👌👏👏👏👏🇮🇪

[@robpollard7135]

Had my M3 from new with 55k and full BMW history. Just had pads and discs all around. Have a guess where the cheapest quote was from...... BMW main dealer!!! . Unbelievable ay but true.......

[@mjmherts]

No labour costs Joe in your calculations ?

[@coderider3022]

Yeah, not much margin in it at all.

[@alpinapaul68]

Silverstone Blue.

[@Argiers]

Let's hope the cats aren't toast after all that unburnt fuel running through them!

[@ianmitchell9102]

What did you sell it for ?

[@Roxana-NicoletaRuse]

Did you just point at the speedometer instead of the RPM gauge to say the car isn’t running? 🤔 E92s are an amazing car when they work. Bought mine for cheap and was over the moon with it until few weeks into driving it we found out why we bought is for cheap 😂😅😢

[@ShiftingMetal]

Tachometer? Yes I mistook it, what a fool

[@toms4097]

Very nice, I like

[@s1monlock]

@19:50 Blimey £60 for an Injector ? It's £300 for a new OEM one ! I don't wish to tempt fate but the new owner may one day call you back for some Warranty work eh ? 🤷

[@trickyfocus]

I was thinking injectors £60 it cost £1500 for 4 on a VW golf

[@MadMarchTaffy]

And unless you code them correctly they will constantly throw up errors on the diagnostic tools. This one could be a boomerang...

[@s1monlock]

Oh, for context Joe, if you're reading this, as an ex E93 320 owner and as a member of a Facebook E93 group, it was amazing the amount of people who, like I did, had to replace their NOX sensor ... the point being there were "cheap" versions of it on eBay but they never lasted very long or didn't work at all ! Hence why I paid the extra for an OEM one ... I just feel you shouldn't "skimp" on parts for a used BMW especially if it's an M3 eh ?🤷

[@jamiN22-2]

@@s1monlock It was most likely a genuine used injector from a breaker on Ebay. It has used injectors in the car already so it would make sense to replace it with a known good used injector. If it was your own car you could justify 'future proofing' your car but as a car dealer it doesn't make sense. The new owner won't even know it's been changed. The main thing is that the car has been prepared correctly and running right which is obviously the case in this instance. This is not skimping.

[@s1monlock]

​@@jamiN22-2​Do you put used brake pads or used tyres on your car ? Or a used clutch or used spark plugs ? Or used oil ?

[@christagg7570]

So you don't cost labour in there at all?

[@JeffPower-dv3zl]

A Real Driver's Car ❤🎉😊

[@TheIggy861]

Don’t think there genuine wheels, look slightly off

[@markfoden765]

What a beast(the car😂)