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      02-19-2022, 10:15 AM   #1
330istocknot
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Will be buying a 2018 M240I at an auction for fun for $4k

Gonna go look at a clean title, no accidents, 2 owner, 45k miles at an auction, i've seen these go for 3-4k (people in the auction dont like bmws.)

this would be my first 2 series, i think its a steal at 4k, the body looks to be in perfect condition, so my thought is, worse case scenario part it out and make the 4k easy on the body and interior.

What should i be looking for right away on these vehicles? im a 3 series guy and know most of the common problems, do they also apply to these 2 mtech series?

again, i am buying this car for fun, see if its good and can make it a nice weekend car, if not ill part it out as WORSE case scenerio. Are there any bmw warranties that still cover the car at 45k miles?

Your advice will be appreciated.
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      02-19-2022, 10:42 AM   #2
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Quote:
Originally Posted by 330istocknot View Post
Gonna go look at a clean title, no accidents, 2 owner, 45k miles at an auction, i've seen these go for 3-4k (people in the auction dont like bmws.)

this would be my first 2 series, i think its a steal at 4k, the body looks to be in perfect condition, so my thought is, worse case scenario part it out and make the 4k easy on the body and interior.

What should i be looking for right away on these vehicles? im a 3 series guy and know most of the common problems, do they also apply to these 2 mtech series?

again, i am buying this car for fun, see if its good and can make it a nice weekend car, if not ill part it out as WORSE case scenerio. Are there any bmw warranties that still cover the car at 45k miles?

Your advice will be appreciated.
Not sure how it's possible that a 2018 m240i with a clean title/zero accidents could be anywhere near that cheap, anywhere. Just doesn't add up that's a 35k car in this market. Even if it needed a new engine that would price would be far to low, totaled m240s go for well over 10k. If it sounds to good to be true that's usually the case.
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      02-19-2022, 11:14 AM   #3
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Agreed, even a bricked car would be worth more than that in desirable parts.
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      02-19-2022, 11:29 AM   #4
330istocknot
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I agree hence why im going to look at it. I did some research i think i know how to tell what a real m tech look slike now. Also, will do a vin check as soon as i see it to confirm. What's the hardest part to believe? the no accidents part, or how cheap it it? so i can focus on that.
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      02-19-2022, 11:34 AM   #5
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$30-40k?
Sounds like a good deal especially at the low end of that range. Should still have the remainder of factory warranty.
Mine is '17 with 49K miles, mildly tuned with 19" wheels. No issues other than general maintenance items. Any pics of the vehicle?
Enjoy it if it works out.
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      02-19-2022, 11:35 AM   #6
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Try to find out its story if you can. Like said above, it definitely sounds too good to be true.

If you wont miss the money then go for it, you'll have leftovers for repairs if needed.
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      02-19-2022, 11:52 AM   #7
330istocknot
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no, 3-4 thousand dollars. Not 30k or 40k.
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      02-19-2022, 11:53 AM   #8
330istocknot
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Like i said those 4k are for fun, if i lose them all ill be ok. but i will try to find its story and will post pictures here if i buy as well as vin info.
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      02-19-2022, 12:36 PM   #9
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That doesn’t add up to me either…. If that were the case, the big guys would be on it before any of us get the chance.
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      02-19-2022, 03:30 PM   #10
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No way. A zero is missing.
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      02-19-2022, 03:36 PM   #11
330istocknot
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Ok update, car was a 2018 M240I clean title, no accidents, 1 owner, minor damage, 17k miles. Sold for 22.5k here is a short video and the carfax of it. good deal? clean car, no body damage, had a real carbon fiber wing, upgraded steering wheel with paddle shifters.
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      02-19-2022, 03:41 PM   #12
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Quote:
Originally Posted by 330istocknot View Post
Ok update, car was a 2018 M240I clean title, no accidents, 1 owner, minor damage, 17k miles. Sold for 22.5k here is a short video and the carfax of it. good deal? clean car, no body damage, had a real carbon fiber wing, upgraded steering wheel with paddle shifters.
"Clean title"? it clearly says on that piece of paper "state title brand". This car is obviously not a good car, and probably was totaled due to flooding etc...
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      02-19-2022, 04:46 PM   #13
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Flooding would be my first guess as well.
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      02-19-2022, 07:15 PM   #14
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I recind my previous post. Personally I would stay away from a branded title. Doubt there is any factory warranty. $4k, you are mechanically/electrically inclined, like wrenching, give it a go!
Why not.
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      02-20-2022, 09:54 PM   #15
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Quote:
Originally Posted by F22leo View Post
"Clean title"? it clearly says on that piece of paper "state title brand". This car is obviously not a good car, and probably was totaled due to flooding etc...
Yeah I don't think our buddy from chino gets it, first he said $3-4k clean title and now he said it sold for $22k and showed us an image that cleary states it's not a "clean title".

The OP must be what 10?

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      02-21-2022, 10:40 PM   #16
330istocknot
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Quote:
Originally Posted by doublevanosrc View Post
Yeah I don't think our buddy from chino gets it, first he said $3-4k clean title and now he said it sold for $22k and showed us an image that cleary states it's not a "clean title".

The OP must be what 10?

Oof typical BMW tough crowd.

Yeah the story seemed to be everyone, as i was told what the first post says, then i got there and it was totally not what he said, so i updated to current info known, so yeah, car was not clean title, sold for 22k and yeah.

so 10.
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      02-22-2022, 07:40 PM   #17
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Well, if really interested then a VIN search is in order. That will tell you if the car is clean. Some states clean titles... So beware! I forgot the states that do, so use Google, that'll tell ya'. But there is a reason they say it's too good to be true! It usually isn't! Hahahaha

If you're set on throwing away $3-4k geeee, throw it my way, I promise to have fun with it!
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      02-23-2022, 09:51 AM   #18
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In this market, where dealers are begging people to buy their used cars so they can get some inventory, I suspect it would have been gobbled up by one of those dealers. Something is definitely amiss. Good luck and hope it really is not a money pit.
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      02-23-2022, 08:54 PM   #19
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