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Used E53 viewing in 2017

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AW8
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Used E53 viewing in 2017

Post by AW8 » Fri Mar 17, 2017 5:55 pm

As some will know....my 2002 X5 4.4i Sport has since departed on back of a timing chain guide failure which, (all things considered), made the maths unfavourable for me moving forwards. I have been assured by the repairing buyer that my old car lives on & with an effective repair since done.

Somewhat undecided on next keeper car, (not least due to current reservations as to future residuals if spending significant sums on a used diesel) , I have, as ever, been keeping an eye on classifieds.Various things have caused me to raise an eyebrow......

Recently a black 2003 E53 3.0i with manual gearbox & towbar caught my eye in classifieds guise. VIN check showed Comm's pack & heated comfort seats......seller based in west of Dorset.

With a 6 hour round trip required to see, ( plus viewing time ), I was keen to reduce likelihood of a wasted day. Accordingly I did some research as well as politely asking all the right questions on phone before my trip. If nothing else then an opportunity to give the current stop gap residual busting barge a run. ('03 Phase 2 Volvo V70 2.4 170 SE auto....or those amused or perhaps remotely interested).

A cosmetic telephone condition report by seller claimed all was good with alloys ok dependant on how fussy I was. I was told car was mechanically sound & effectively needed nothing.

After a considerable journey to view the 117k mileage car I found the following issues.

1. Poor aerosol repair front bumper, rear bumper minor damage but down to plastic...broken bumper clip.
2. Drivers door trim lifting at top of door. Door trim rubber seal perforated.
3. Alloys severely corroded.....full refurbishment required.(Not minor corrosion as strongly inferred by seller)
4. Driver folding door mirror loose and not working...chromatic mirror glass failure - full of loose fluid.
5. Ticking noise obvious from engine bay, possible pulley or frontward of engine but I was unable to rule out engine issue.
6. Gear lever bushes &/or mechanism worn with obvious play.
7. Fault code - Misfire cylinder 3 albeit engine pulled acceptably.
8. Pixelated dash pod odometer.  (Disclosed prior to viewing after I queried an advert image)
9. Both tailgate lamp clusters failed/split with moisture ingress.
10. Cargo net missing.

That little lot is what I found on initial inspection & test drive. I didn't look deeper.

Like many...on original rear brake pipes &  probably on original rear bushes. On a positive side the seller claimed clutch & DMF had been replaced, tyres and brakes were ok. A current MOT and a mixture of history according to stamps, (in fairness to seller I didn't get as far as trawling through all invoices).

My man maths suggested to allow at least a conservative £1k to get the car to an acceptable standard. In reality having totted up the above factors a £2k spend would be a attainable depending on the cause of the ticking noise &/or time/labour needed to investigate & sort. Of additional  relevance the private sale aspect meant car effectively sold as seen

Ask price was £3,600.

Despite my findings seller indicated he still wanted very close to asking money, (taken as £3.5k). Seller politely stated it was a 13 year old car & issues found were typical of an example of this age & asking price. I was told I was looking for something that did not exist & effectively that someone less fussy would buy it for money he wanted.

I do not have issue with having to significantly spend to sort a used car if cost of car plus cost to sort is not grossly above what car might sell for soon thereafter if sorted. The seller made it clear prior to viewing he was near firm on the money. My issue is that despite careful questioning prior to viewing he failed to mention number of issues &/or claimed he was unaware of issues found on my viewing. My findings were acknowledged by seller, albeit he simply stated someone less fussy would buy it for the money he wanted, ( at time seller  strongly indicated wanting very close to asking price).

I know my way around these cars very well, have seen/driven many, know exactly what to look for, what research to do & what questions to ask. I have successfully assisted countless folk looking at potential cars & written what is arguably the most comprehensive buyers guide that exists online.

However clued up the potential buyer, a good deal is depends on seller being reasonable & realistic as to sale price.

£50 down on fuel costs & a day of my life I wont get back..... Irritating, even if worse events can happen.

Oh & as for the role of the stop gap residual busting barge....Despite me not having plentiful sleep prior to my trip, the V70 took it all in its stride. I returned home totally absent of any fatigue or aches & pains from the supremely comfortable heated leather electronically adjustable  drivers seat. The Volvo told me it returned 35mpg combined on the 6 hour round trip.  Not the most inspiring drive but an effortless & comfortable journey in a capable and safe car......The SE fitment dolby pro-logic audio adding a little interest to proceedings. Now then - Where did I put my cap & driving gloves !  ;)
Last edited by AW8 on Wed Mar 22, 2017 7:39 pm, edited 1 time in total.
Gone - 2002 E53 X5 4.4i Sport (Pre Facelift) Owned 2006-2016.

Site & Forum Admin Team Member.

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Greydog
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Re: Used E53 viewing in 2017

Post by Greydog » Fri Mar 17, 2017 7:15 pm

How annoying on a few fronts 1st that the seller must have picked up you knew what and x5 should be yet still let you travel?
2nd That clearly he/she was prepared to rip someone off, who says a 13 year old car has to be knocked about?

As for your V70 I ran a fleet of them when I had my business you should try a 4 wheel drive T6 with a Polestar upgrade 350 hp and it will still give 30 mpg on the motorway my son is still running it with 220k on the clock.
The x5 still takes some beating as a dog moving tow vehicle though even if it is fragile compared to some oter marques

Good luck with the hunt
4.6is X5 Estoril Blue (current)
4.4 X5 Sport Topaz Blue LPG (now gone squashed by a tree)
Subaru Outback 3.0 Rn Star Silver (current)
AMG 6.3 CLS Obsidian Black (sold)

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Murphybarnes
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Re: Used E53 viewing in 2017

Post by Murphybarnes » Fri Mar 17, 2017 8:07 pm

I love real world stories like this. Wish I'd had you with me when I bought mine. My heart overruled my head almost immediately.  It was my first X5, in fact my first BMW. I got lucky I think with just niggling problems.
When I sold my last car I was brutally honest to the point of talking them out of it. If they were travelling a distance I outlined everything, twice!!
2006 3.0d Le Mans.

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kkx5
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Re: Used E53 viewing in 2017

Post by kkx5 » Fri Mar 17, 2017 8:27 pm

On the other hand, what did you expect from 3.5k x5???? Come on..a good e53 is at least 5.5k...

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Re: Used E53 viewing in 2017

Post by IanP » Sat Mar 18, 2017 7:58 am

[quote="kkx5"]
On the other hand, what did you expect from 3.5k x5???? Come on..a good e53 is at least 5.5k...
[/quote]

I sold my 4.6 not long ago for 2k and it sounded to be in better condition than the one AW8 went to look at.

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Dimsum
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Re: Used E53 viewing in 2017

Post by Dimsum » Sat Mar 18, 2017 8:54 am

Wow! You sold your 4.6 for 2k????
:o
I bet they nearly ripped your arm off!

Whenever I have a flick through the classified's, anything less than 4 or 5k seems ropey as hell!

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Re: Used E53 viewing in 2017

Post by IanP » Sat Mar 18, 2017 11:32 am

It went to a breakers in Birmingham. The engine is up for more thsn I sold the car

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Reusch
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Re: Used E53 viewing in 2017

Post by Reusch » Sat Mar 18, 2017 11:35 am

On the other hand, what did you expect from 3.5k x5???? Come on..a good e53 is at least 5.5k...

Read the post again it wasn't the £££££ it was the sellers description on the phone and ad that was very misleading
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AW8
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Re: Used E53 viewing in 2017

Post by AW8 » Sat Mar 18, 2017 6:30 pm

[quote="kkx5"]
On the other hand, what did you expect from 3.5k x5???? Come on..a good e53 is at least 5.5k...
[/quote]


[quote="Reusch"]

Read the post again it wasn't the £££££ it was the sellers description on the phone and ad that was very misleading
[/quote]


As touched on by Reusch & others..... The issue was that I had specifically asked the correct questions......

1. Is the car in good cosmetic and mechanical condition ?
2. Do the wheels need refurbishing ?
3. Does car have visible paint repairs or damage ?
4. Do the power folding mirrors fold & glass absent of chromatic fluid leaks  ?
6. Does car need or would it benefit from any work ?

Even if absent of significant issues I think £5.5k would be too much considering it was a petrol with 117k and absent of complete dealer/indy history.

Many private sellers can struggle to get near £5k for some 3.0d facelift cars. A scan of the classifieds, adverts on here, or quick check of price guide will confirm this.

A multitude of classified adverts have examples seemingly unsold for weeks or months.....arguably indicative that plenty of vehicles are priced too high.

I consider £3.5 to £4k a fair price for a presentable private sale petrol pre-facelift with maybe with a couple of niggles or cost effective issues to sort. Again a check of classifieds indicates my market assesment as realistic.

I would have maybe paid £4k if it wanted for nothing or little.....thus an asking price some £400 under that figure didn't exactly set alarm bells ringing to stay away. I don't feel all early E53's should be assumed unsuitable if priced under £5.5k.

No doubt someone less fussy &/or happy to pay on top of sale price will happily buy the car I viewed.

In meantime I have a more than adequate stop gap car. Have been considering E70 amongst others as next keeper but not in a rush...  The only likelihood of another E53 would be dependant on happening to see something of specific interest  & only if price appeals. My remaining interest purely down to me liking E53's & knowing them well.  I will certainly cope okay if I don't have another anytime soon.
Last edited by AW8 on Sat Mar 18, 2017 7:58 pm, edited 1 time in total.
Gone - 2002 E53 X5 4.4i Sport (Pre Facelift) Owned 2006-2016.

Site & Forum Admin Team Member.

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