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Here鈥檚 Why Broke People Buy Used BMWs and Rich People Buy Toyotas - YouTube
Channel: Scotty Kilmer
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rev up your engines you might think a BMW is a good car to buy yes they are packed
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full of modern technology but that's the
reason I tell people not to buy these
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bmw's because under the hood our
layers and layers of Technology and as
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you can see the hood struts don't even
work anymore those are broken so we'll
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get our plastic stick out yeah all
technology for new technology let's take
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this BMW as an example and a pretty much a sterling example of the high
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technology and the problems I have this
is a 2008 335i it has all the bells and
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whistles it's a straight six cylinder
engine but a puts top 300 horsepower
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using technology what's an inline six
kind of an old design it has two turbo
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charges on it to make it have power and
if they go bad and bad they do the turbo
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chargers are over three thousand dollars
a piece over two thousand dollars labor
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so you're looking at over eight grand if
they go bad now the original owner of
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this car paid forty five thousand
dollars up for this thing and my
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customer bought it for $13.5k and he
had like forty thousand miles on it so
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you think oh what a deal well the price
alone tells you it's not a deal before
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he met me they said Scotty I thought I was getting
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a deal but then every time I take it
it's $1,000 for this two thousand
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dollars for that now yes they are
maintenance heavy vehicles it cost a lot
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of money to maintain anybody who
actually knows how to work on these has
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to have some extremely sophisticated
equipment that cost a ton of money and
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as far as I'm concerned a lot of it has
to do with the overuse of plastics in
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these things one of the first companies
used plastic for just about everything
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with these BMWs it doesn't matter the
mileage age destroys the plastics heat of
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the engine under the hood
starts cracks and comes apart if you ever
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have to work on one of these when it
gets to be older this one's twelve years
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old now you got to be really careful
working around the edge
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because you can easily start snapping
off plastic parts they're so brittle now
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when you find these little plastic parts
cost three hundred five hundred some of
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them well over a thousand dollars when
you include labor cuz you got to take
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half the car part to get to them
these things are known for
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getting oil leaks around the oil filter
you might think oh no big deal they're
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just gaskets in there well some of these things it's over $1,000 labor taking all
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the crap off to get to the stupid gasket
now in the case of this particular one
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it's here because it's not shifting
right now I have equipment for this
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stuff and as you can see we're now in
the transmission you can check variables
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shifting you can check solenoids you can
see what the adaptation values are even
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find all the code numbers so you can
look it up if perhaps there's a recall
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for your particular vehicle most guys
that have this equipment they're paying
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a ton for the stuff you're gonna pay
it's time to have your car work done and
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a lot of guys won't even touch it
nothing take it to the dealer and you
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know what they charge at the dealer now
in this case I did a lot of testing go
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it around it says you can see there's a
lot of data that needs to be looked at
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while the car is being driven I was able
to do a bunch of actuation tests to see
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if the solenoid valves are working right
what kind of data is in it and
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unfortunately in a case of this one
there were no error codes for the
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transmission the data was all relatively
normal so I thought well I know how
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these things are I took a sample of the
transmission fluid not to seal
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transmission so even out was a pain in
the butt there's no dipstick I had to
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go under or open up some stuff to take a
sample and I took it to a good friend of
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mine who analyzes oil he said that
there was too much metal in the oil
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meaning parts of the transmission we're
starting to wear out it hasn't yet
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tripped any codes and the adaptation so
far is normal for 12 year old BMW but
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this tells me transmissions starting to
wear on oil analysis is a great tool for
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seeing what kind of a shape of vehicles
in both engine transmission differential
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whatever when it's analyzed by somebody
who knows what they're talking about
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they're gonna find it out and you can
know ahead of time it's a good predictor
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so in this case the occasional missed
shift and stuff hey that's a sign of
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internal wear
when I checked those solenoids driving
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around would activate them they were all
working and there weren't any codes
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any of them going bad starting to wear
out not for this particular wants 12
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years old BMW offers what they call a
fully remanufactured factory
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transmission it's about $6,500 and with
labor at least at the BMW dealer that's
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pretty close to what the two turbos cost
to go 7,000 something dollars you buy a
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beautiful looking car like this used you
are playing with dynamite you never know
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what's gonna blow and when it's gonna go yes the Germans put an interesting
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technology these lower profile tires
they really handle well but being lower
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profile guess what in the city
these things are destroyed the rims get
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destroyed all that stuff costs a small
fortune when it goes out now the
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technology is fine at the racetrack
because racetracks
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are pretty smooth there go really fast
they make them well they're smooth
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didn't have giant potholes and them
curbs that you're gonna smash into in
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this particular model being a beautiful
convertible
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there are convertible modes there's a
module for the convertible top
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fault codes you can even read the data
stream of the convertible system we are
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talking uber rocket science
technology even on a convertible top
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system for this thing now
maybe you just love the technology one
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of these things if you really love it
and have to have it take Scotty's
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advice lease one don't buy it if you
feel you could afford the lease payments
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you're not gonna have to repair the
thing you have to worry about all that
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stuff if something breaks hey the generally don't break that fast if you look at their
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insanely low resale value I mean this
thing was well over $40,000 new and we
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had 40,000 miles it went for thirteen
five reason behind that low resale value
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and if you would have bought it new and
sold it to somebody with 40,000 miles
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and lost 30 something thousand dollars
on the deal
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you'd have wished hey I should lease
that thing I shouldn't have bought it now I do
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have to say I have customs with bmws
that are totally happy with the cars
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but most of them are doctors lawyers
they lease the vehicle under a business
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scenario where it's pre-tax money
so they don't have to pay tax on some of
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their salary or the business itself is
leased in it and they're getting the car
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for free what do they care one or
doctors lawyers they have tons of money
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and two it's a business write-off but if
you're counting your pennies and you're
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thinking about one of these things use
my advice is just keep saying to
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yourself endless money pit
endless money pit endless money pit now I had
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a mechanic friend years ago met at an auto parts store one day and he said hey look
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at this great deal I got on this BMW from
one of my customers he didn't want me to
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fix it anymore so he sold it to me at a
really good price well the problem with
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my friend there was he mainly worked on
American cars even know that much about
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BMW I saw him about a year later I said
how's that BMW working out for and he
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said that plastic piece of crap I got
rid of it last month I couldn't stand it
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anymore all the flesh and stuff kept
breaking the parts cost a fortune
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I'll never buy another one of those and
this is the mechanic granded he worked
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mainly on American cars you like to look
at a BMW convertible and think
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oh what a cool car but in the long run
not so cool and if you're thinking about
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getting a diesel BMW here in the United
States realize hardly anybody knows how
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to work out of things and of course the
parts cost a small fortune but they are
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probably the most complex diesel systems out there
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when I get them in here invariably
after I scan it tell the customer well
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here's what we're gonna start with they
say ah I'm just gonna get rid of the
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thing I'm sick of this car anyways now
yes they are beautiful cars
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but sometimes beauty can be deceiving so unless you like expensive aggravating
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cars as they age my advice
stay away from bmws and here's some
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bonus questions and answers mr. Douglas saysScotty I got a 2000 insight one hundred
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sixty three thousand miles a hybrid
battery is starting to fail and it's over
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$2,000 to replace I really just started
a new job that requires a hundred and
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eight mile commute five days a week it's
good idea to replace it thanks here is
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the problem two thousand dollars to
replace that hybrid battery is not a
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brand new battery that is a recondition
battery ask about the warranty most of
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the ones that I seen it came with a year
warranty you're paying all their money
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for a one-year warranty that's pretty
stinky deal
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realize you're not buying a new battery
all those hybrid batteries they're made
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from a bunch of little batteries like
little computer batteries all hooked
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together and when they start to go bad
guys get a computer program and they
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check them then they see Oh cell number
16 is bad cell number 27 is bad and yada
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yada then they replace those cells they
don't replace them all they only replace
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the ones they say are bad so the
recondition once they stink
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look at the price of a brand new one and
it's gonna be a lot more in two thousand
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dollars and that's too high I wouldn't
do it if I were you because if you want
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to keep it and driving a long time put
it in a rebuilt one in it's kind of
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stupid it's probably gonna go out in a
short period of time
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that's the scam of these rebuilt hybrid
batteries and I tell people generally
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you're better off staying away from them
unless you just plan on keeping a car
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for the warranty period if it's a one or
two year period and you're happy with
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that go ahead if not don't, so if you
never want to miss another one of my new
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car repair videos, remember to ring that
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