Here Are The Hardest Times You Had Selling A Car

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I bought a used 2006 BMW M5 SMG (V10) with about 30k on the clock and sold it at 90k. While it was an amazing experience and a really, REALLY fun car, it was also the biggest financial mistake of my life.

The SMG was the key factor, here.

Almost immediately I had problems with it, starting with the input shaft sensor, which led to all sorts of complicated problems and physical damage to the clutch, flywheel, gears, etc. There were clutch issues, sensor issues, hydraulic issues, easily $3k+ per repair. Eventually, I was hesitant to even drive it, fearing I would be stranded or be in for an expensive repair. The car also showed a lot of signs of REALLY pre-mature wear, the leather dash was cracking, the seats faded, plastics not working, leaks developing. No matter how I took care of it, I couldn’t keep up, it really was a cheaply built car (for a car that retailed for $100k in 2006).

The only saving grace was it’s V10 engine and physics-bending handling/grip. I’d repair the car, get addicted, something breaks, can’t sell a broken M5. There was ALWAYS an error, there was ALWAYS something not working, and ALWAYS expensive maintenance. Doing the Oil MYSELF cost me about $150+ for 10L of oil and a filter. Decent tires were $1000 a pair (2), with the rears being replaced about every year (thanks to my driving).

I tried to post it everywhere for sale, but I had trouble finding a buyer who could scrap together the money for such an expensive BMW…plus the guilt of sticking someone with this nightmare. It took about 3-4 years of trying to sell, driving it intermittently, before I gave up and sold it to ‘webuyanycar.’

Not to promote anybody, but I was happy with what I got and amazed they so eagerly took it…as a company, they have my blessing. Me any my wife celebrated when the check was deposited. The guy who scanned the codes read 71 errors on the CANbus. I’m pretty sure one of my LED Halo lamps went out the day I sold it, just to spite me.