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Chip, owning a 10-year old MB automobile makes sense for DIY'ers. Otherwise, it gets prohibitively expensive paying an indie or a MB dealer to perform the required maintenance. It's best to have a PPI (pre-purchase inspection) done by a MB-trained tech before buying any pre-owned MB automobile so you're aware of any pending expensive repairs.
Four years ago I purchased a 1995 E320 with 130,000 miles for $4,000 after having a PPI done. Now this fine car has 177,000 miles and has been virtually trouble-free. I have replaced the front struts, one coil pack and a leaky rubber fuel hose aside from routine maintenance items such as rotors, brake pads, filters and tires.
Good luck with the BMW purchase. My son owns a 2005 745i and has had numerous problems with it. Fortunately he bought an extended warranty, but he is seriously considering selling the car before the warranty expires. The car only has 85,000 miles on it ... so much for the quality and durability of BMW automobiles.
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Fred Hoelzle
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