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I Bought a Cheap V12 BMW 760Li, Because I Never Learn From My Mistakes

Jun 04, 2021
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i bought a cheap v12 bmw 760li because i never learn from my mistakes
LastPass will fill in your username and password so you can log in quickly and easily. LastPass offers unlimited password storage so you can add as many as you want and you'll be able to sync all your passwords across all your devices, so check out LastPass, which is linked in the description below. It's very helpful, thanks again to LastPass for sponsoring part of today's video and now the rest of my video. I was recently reading a Forbes article about the crazy depreciation of luxury cars that is only getting worse and the writer blamed Tesla for this. Apparently, many luxury car buyers are trading in their cars, their BMWs, Mercedes, everything for Tesla is this 20% of the new Teslas. buyers, the writer realized that must be the reason why these cars are depreciating at such a rapid rate.
i bought a cheap v12 bmw 760li because i never learn from my mistakes

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i bought a cheap v12 bmw 760li because i never learn from my mistakes...

He now cited the BMW 3 Series, for example, which has an MSRP of $38,000 and three years later trades in for just $13,000, which is incredible depreciation. but I don't think it's the Tesla effect as they call it. I don't think Tesla has much or anything to do with it. I think it's more of the Hooptie effect and an exhibition of the Hooptie effect. This is my 2008 Mercedes

760li

, my last. purchase I

bought

for only $4,500 $4,500 with an original MSRP of over one hundred and thirty thousand dollars this 760 was the flagship of the BMW line in the past it has a silky smooth v12 the vision is so sumptuous and comfortable it is a car which drives smoothly and shares many parts including the v12 with my rolls-royce phantom which is a very expensive car and is still a very expensive car but this BMW started out expensive and is now only $4,500.
i bought a cheap v12 bmw 760li because i never learn from my mistakes
I

bought

it at any dealer auction. It was negotiated. practically abandoned even though it is still a completely modern luxury car inside, it is very nice inside, I admit it is a little dirty, very dirty, but you can see through the dirt, see how nice this 760 is the -hai and the reason why I share it. Both with my Rolls-Royce Phantom it's

because

BMW owns Rolls Royce, so when they were developing the first Phantom they borrowed a lot of parts from BMW, that's why the keys are so similar, it makes the same Bing and bongs, but this one BMW is different on the Phantom.
i bought a cheap v12 bmw 760li because i never learn from my mistakes
In many ways the Phantom is like a grandfather clock, a dinosaur, but this one technologically is much more advanced and drives very differently even though they are both giant luxury sedans, but first let's go over the cool features of the things I like and there are many things I like about this car, starting with the seats. I love these seats. Notice how the entire backrest moves at this time. That's normal with power seats, but BMW goes a little further, they have a medium backrest. fit which is really good

because

I like a little gangster tilt in my seats but I still want to sit down.
There is good back support. I also have a lot of thigh support because most BMWs have this extendable bottom, here the seats are heated. and ventilated too, but there's a lot of other technology here that's really impressive for 2008, although you have to dig through the crap I drive to get it right. Some of them have buttons like the night vision camera that lights up the entire screen. in a night vision camera so you can see in the dark, plus you have radar guided cruise control, an active cruise control system, all the technology you would really want in a modern car, but there are also small details, see the quality here. with the wood, there is a little inlay in the wood throughout the car, it is very nice, very nice, but since this is the long wheelbase, there is a lot of interesting things in the back and, again, quite dirty, look at this command center I have back.
Here I'm basically in a limo and the seats are even powered and recline. Check out this setting. It's crazy. Now it doesn't have extendable footrests like on my Hyundai Equus, but you can still tilt them back and feel super comfortable. Then just touch the gorgeous suede headliner and take in even more of the pretty wood inlays throughout the car, and of course, so the rednecks don't see you in your $4,500 car, you can extend the curtains. Oh yeah this is awesome but driving this car is really where it's really where I wonder what this $4,500 thing is like but then I also realized why this thing costs $4,500 is that it's pretty messed up every time.
I buy a BMW, it

never

fails, the dashboard is lit up like a Christmas tree and the

760li

is no exception, let's see what's on right now, check the engine brake light, airbag lights, tire pressure, not even the little red car riding the elevator up, most of it, and you're probably wondering why I would buy another very broken BMW after all. Considering I've done it so many times before and it

never

ended well and to be honest I'm trying to find one that's really good and I have a sneaking suspicion that the 760li is the better car to buy than the previous ones I've bought. the m5, which was a basket case for many different reasons, the homeless blow up for various reasons, same with the transmission and with the 7:45 eye, which is a similar car to this one, it was a little older, it had the ugliest front. final but it still had the bracelet but it had a v8 engine that could also fail at any moment those two are obviously terrible cars but this 760li maybe not maybe so let's start with the bad apart from all the warning lights that are on it is Of course this v12 with us four hundred and twenty something horses, a good part of those horses are very, very sick, this engine fails quite a bit at idle, but when you crank it up it still has plenty of power, the traction control definitely works, which I I need to turn that off, it's probably in the iDrive system.
I drive other bad ones, it thinks there is a fluid leak, there is an oil leak, there is a coolant leak. I'm pretty standard BMW stuff, but you can build up enough of that, especially with all these warning lights an owner would do. just let things accumulate a bunch of deferred maintenance and then change it, just throw it away completely and that's why the values ​​of these things completely tank. This BMW was traded in at a Toyota dealership, which is kind of a coincidence because my grandmother used to do it religiously. She leased a BMW 7 Series starting in the '90s, she was always in a BMW 7 Series.
I think she had four of them that changed every three years, but she gave it up about six years ago because the lease payments were getting so ridiculous. high because the residual values ​​were so low that these cars were depreciating so fast that it just didn't make sense so he switched to leasing Toyota Camrys for $300 a month and that's what he's been doing ever since and in my opinion the Luxury car owners are not switching to Tesla. I think they are moving to more generic brands, especially with brands like Kia and Hyundai, which have come a long way in the world in terms of quality, where there is not much difference between this BMW and a Camry, apart from everything. the fancy parts and the nice wood and the seats are really nice, so usually when I have a rim like this, I take it to my trusted mechanic, the car wizard, like I have done so many times, and he He says it's nonsense.
I am and then how much is it going to cost to fix it and I mean I usually fix it but in this case the car attendant wasn't happy to hear what I bought and he said something about cutting me and I went too far which is a bit scary I stop and call them assistant, what is this about cutting me? it's a beautiful 760 watch you basically cut yourself to pieces with these cars oh but this wasn't that bad it's a BMW you just don't like me you know I bought some of those cars but not all of those cars you're giving away all the cars you're about to buy buy, but you, then, are saying that you don't want to work on the 760, well, I guess I'll have to find someone else.
This is going to be a little strange, but I have permission. You're giving me a pass to cheat on you. Okay, there's one person that comes to mind right away, so I guess I'll go there. to his house, he's fine, wizard, well, stick with Johnny, this is weird, I don't have a name for you yet, how about the ninja car? He didn't make that little gadget, if you all remember Johnny, he was the one who saved me. the m5 he took the hanger and carried it in different ways to get what was what was the part yes activation signal for the crankshaft I was out of limp mode and he fixed my m5 the assistant did the most of the work, but Johnny saved me from having to take the transmission out again to figure out what the hell is going on, so the wizard, he doesn't really like BMWs and he was a little mad because I bought this and you built your whole German roadworks business on BMW , you know, you go where the money is, obviously these things break a lot, yeah, have they ever built a good BMW?
Honestly, it's none that I know of. I think Annie's job security and honest honest mechanics but no I don't think she made a mistake with this one I think it's okay yeah it just has the check engine light, the airbag light, the warning light brake and tire pressure, it has an oil and coolant leak, so not bad, okay, coolant is leaking. I'm a little worried about this because I have the same b12 in my ghost and I've had to do that valley of death or all the intake has to come out and all you know what I'm talking about yeah I hope not it's a break .
The hoses here under the intake look right there, so something you can reach without removing a bunch of stuff really well, we're off to a good start, okay, here's the top timing carbon gas, it's a BMW, it's going to leak forever until the At the end of time, the valve covers will lose everything in these things, the publix vacuum, well, yeah, check out this handy dandy steering wheel holder here, very nice, well, a truth. Oh, just, just 25 30 31 32, a lot of codes, no wonder. We're digging into the engine now and we misfired number one, yeah, and an oxygen sensor, well that could be worse.
Which one had fault 14? Just below basically this car has two engines so I see the other engine has 19 codes so it's two six cylinders together there are two computers that run it exactly yeah basically we have these that fire all the cylinders oh that's not good then there's my airbag light and the brake lights everything just there aren't all the lights on the BMWs which would be much easier just all the airbag light is under voltage just a low battery yes, basically we think that those charges are bad, they are clear, the code is perfect and then there are oil leaks and for that we will have to put it on the lift, I'm not so bad underneath.
I immediately see a pretty good drip coming from somewhere, huh, vacuum pump and upper timing cover gasket, no oil leak, sounds

cheap

to fix, but otherwise looks pretty solid here, The suspensions are pretty solid, except for the front brakes. they are completely knocked down if you look here you have a good score inside oh great oh hi yes that's Mahmoud from the catastrophe Wow so that bad alignment there yes sir and I noticed that these are snow tires which is very inappropriate so we have some leaks a lot of codes to fix I'm curious what Johnny will be like with this the ninja car the magician would be having a field day right now I guess we can go to your office and figure it all out yes this will be the first It's not a BMW poor quality I bought, the curse is finally broken, okay Johnny, how are you doing?
Well, wait, you were on a website looking at something? This is something the car was or does; is buying a peso that is the Saint Jude the Charity Hospital, yes, you. I'm going to donate so instead of looking at sun seekers in Malibu mansions and seeing this luxury Johnny is looking at who to donate to and I give them my money after this estimate so let's see what they have hey we have the brown brakes. Yeah the roller put in 308 pads at 1:30 and labor at 133 oh so under $600 for the brakes that's not bad but the next part seems pretty expensive.
Yeah your oily job is a little over $1,000, oh that's because everything has tofinish. get to these valve cover gaskets, okay, BMW makes valve cover gaskets that leak, but every single one, from the beginning to the end of time, so why do they make it hard to do? They're going to make them leak, why not make them at least easy to fix, yeah, but what the intake has to come out of, yeah, really look at all these seals and stuff just to get to these valve cover gaskets, yeah , so I'm looking at almost 2 thousand dollars and we're not done yet, man, we have spark. the spark plugs, yeah, they leak coolant, which is pretty

cheap

, seven dollars, and you've got the alignment and two tires on the back, all good, which makes a total of two thousand eight hundred and eighty dollars and sixteen cents, that That's all, it's just the spark plugs, so what?
If I need a coil or two, fine, most likely less than three thousand dollars, which isn't bad considering what I'm starting with, it's a hundred and thirty thousand dollar new car and I'll spend seven thousand dollars on it. him when I'm done, that's not bad. Guess I'll let the car ninja do his thing and the car wizard can be happy he's not working at BMW thanks for watching

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