Vehicle Overview

  • Vehicle: 2002 BMW 325Ci
  • Purchase Date: July 7, 2022
  • Auction House: Copart in Raleigh, NC
  • Total Investment: $2,903 ($2,050 bid + $853 fees)
  • Mileage: 220,000+
  • Lot Number: 48438962

Strengths

  • Exceptional driving experience:
    • Smooth and stable performance
    • Excellent steering feel
    • Great visibility
    • Very comfortable seats
  • Strong performance in 40-70 mph range
  • Original transmission still functional after 220k+ miles
  • Simple fixes for mechanical issues:
    • Transmission issue resolved with fluid change
    • Whirring noise fixed with fan clutch replacement

Issues and Solutions

  • Convertible Top:
    • Jammed assembly required full disassembly
    • Previous owner had used bent metal pin as makeshift solution
    • Manual lowering gear broken
    • Eventually had to destroy top to resolve issue
  • Instrumentation:
    • Non-functional gauge cluster
    • Replaced with new cluster
    • Required reprogramming to match vehicle mileage
  • Transmission: Initially wouldn't shift into drive, fixed with fluid change

Learning Points

  • Previous owner modifications can create unexpected challenges
  • Simple solutions (like fluid changes) should be tried first
  • High mileage doesn't always indicate poor performance
  • Complex mechanical systems (like convertible tops) may require destructive solutions
  • Some repairs require specialized programming (gauge cluster)

Exit Strategy

  • Final Sale: Sold to cash-for-cars operation for approximately $800
  • Investment Loss: Around $2,100 plus repair costs
  • Experience Value: High - demonstrated durability of well-built vehicles

Documentation

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