At $8,500, Could This ’04 Rebuilt BMW 330i Be a Bargain?

Good Price Or No Dice 2004 BMW 330i ZHP

I was going to ask you if you wanted the good news or bad news first on today Good price or no dice Bimmer, but I already let the cat out of the bag at the top about her reconstructed title. Let’s see if the rest of the car, and its price, can overcome this black mark.

Chaos reigned last Friday when the seller of oucandidate 1984 Toyota Tercel SR5 station wagon dropped the price of the car in the ad from $4,500 to $3,750 in the middle of our contest. Shit, motivated seller! Anyway, not many of you had it at the original price or the new upgraded price, with some of you saying in the comments that the Toyota was a $500 car, the best. This opinion spilled over into the votes where the Tercel tipped in a 73 percent No dice loss.

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As choppy as last Friday’s Toyota might have been, it still managed to hold onto a clean title, seemingly free of major accidents, insurer takeovers, or voodoo hexagons. Can’t say the same for today BMW 330i 2004. Instead, as stated in the ad, this Bimmer has a rebuilt title, although a this is apparently not related to an accident. It also sports 150,000 miles on the odometer, which is a distance which can relate to things like bushings, brake lines, etc.

It’s a shame since this 330i is really well equipped, sporting the ZHP performance and appearance package and a six-speed manual transmission. It is also painted in arrest me red and wears beautiful 18-inch M double-spoke wheels. Inside, the cabin is scalloped with leather on the sports seats and the rear seat. and that is accented by a patterned carbon fiber trim strip that runs across the dash and door tops and extends to the gear lever surround.

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Everything about the car seems to be in pretty remarkable condition, although it may not be showing that “new car smell” since. apparently that fully requires three air freshener trees in the cabin to keep the funk at bay.

According to the ad, the car “runs and drives smoothly.” The announcement also allays fears about the car’s cooling system, a vexing reliability issue on six-cylinder E46 cars. Here, almost everything has been replaced, with a new radiator, water pump, and a thermostat that keep the car cool.

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That’s great because these are really cars that you just want to get in and conduct. The ZHP package imbues the 330i with near M3 levels of performance via a remapped ECU, available six-speed rower and a shorter limited-slip rear final drive. With the ZHP option box checked, the M54 3-liter straight-six bumps its output from 227 to 235 horsepower and pushes its redline 300 rpm higher than the standard 330i. This made it good for zero to sixty runs of around five and a half seconds and handling that will still impress today.

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Aesthetically, the package added a deeper front apron, side sill extensions and those extremely beautiful M wheels. With all that, the 330i is a car that talks and walks.

But is it all for nothing? This car, after all, has that rebuilt title. It’s due for an ancient unexplained misdeed that was apparently no accident. Maybe it was a flight recovery? Maybe it was in a flood? Who knows? The problem is a rebuilt title can seriously affect a the value of the car. Heck, some insurers don’t offer full coverage on a rebuilt title car, which means if you have a bad accident, you could be financially responsible for a big hit.

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Still, it’s quite a risk some are willing to takee – as long as that risk is reflected in a reasonably low price for the blemished title car. In the case of this otherwise hugely desirable 330i, that price is $8,500. Now, as a point of reference, there is a example of lower mileage and different color of this same model on Bring a Trailer which already has offers totaling more than double the demand for this car. Yes, it’s a bit of a slightly different apples and apples comparison, but you get the idea.

Now on to the point of this discussion: is this 330i worth the asking $8,500 with its rebuilt title? Or, does this price just seem too risky to you?

You decide!

Seattle, Washington, craigslistwhere to go here if the ad disappears.

H/T to FauxShizzle for the hookup!

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