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I'm interested in buying a 2002 E46 BMW 318i Executive auto. What are the pros and cons of purchasing this model as well as a BMW in general? I have a budget of around $5000 and I do want low maintenance costs, as I am still a uni student. With this budget are there any particular cars you would recommend (preferably non-hatchbacks)?
My best advice to you is to not buy an old used BMW; they will only soak up whatever money you might have saved up. An ageing BMW with high mileage is a money pit; it will cost plenty to service and keep on the road, whether you use a dealer, which I would not recommend, or an independent mechanic. Buy a well-respected Japanese brand, such as a Toyota Corolla, Mitsubishi Lancer, or Mazda 3.
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