Last post on Feb 16, 2013 at 11:05 PM
You are in the BMW 5-Series
What is this discussion about?
BMW 5 Series, Sedan
Oct 15, 2003 (6:36 pm)
Actually, the E320 CDI I might consider waiting for won't be out until next spring. I don't know the exact specs, but I've been told by a reliable source that it is capable of 0-60 in the 6.5 range (comparable to a 530i manual transmission) and is rated 5+/- mpg higher than the former 1998/1999 E300 Turbodiesel. I believe it will employ Mercedes new 7-speed automatic.
I'm not a big fan of the E-class, given diminishing reliability and problems of late. However, it appears that the old turbodiesels were better than the gas versions.
Clearly the former 5-series was a great car 7+ years after it's introduction. Why the new one couldn't be an evolution rather than a revolution looks wise is a puzzling question. Guess BMW never heard the rule "if it isn't broke, don't fix it". I can forego some aesthetic preferences in exchange for driving dynamics and performance, as long as it's not a decrease in fit and finish quality. So I guess the next step is to have a shot of something and go to the dealer.
#7562 of 12737 Yes, billbrox1, it does get better:
Oct 16, 2003 (3:32 am)
Sox 9 Yanks 6
#7563 of 12737 habitat
Oct 16, 2003 (6:57 am)
The E320CDI's specs are available on MB's UK site, you can click here for performance information. The claim for the 0-62.5 mph (equals the usual Euro measure of 0-100kph) is 7.7 seconds, therefore the 0-60 time should be in the low 7s. To expect its acceleration performance to be on par with a brand new 530 is a bit much, I think.
Unfortunately, the new 7 speed a/t will only be only be offered in conjunction with the 430 and 500 model V8s at this point.
#7564 of 12737 habitat...road test review?
Oct 16, 2003 (9:06 am)
Habitat, I understand your reservations about an E320, but I do think it is among the best sedans in this category. How about a little report if you drive a 530, everything I've heard is that driving dynamics are everything we've come to expect. I'd possibly consider one in a year or two, would wait for an upgrade of the 6-cyl. from the one that's in my car, plus I just don't drive too much any more (living by the train schedule for the job), so my '02's got very low mileage. Don't know how wedded you are to a stick, but I think I'd drive an E320, too, before plunking down $50k--what the heck, it's free.
Oct 16, 2003 (10:34 am)
Went in to see and test drive the 530i and it does drive like my E39 (2001) but the interior is nothing like mine, it looks like they cut corners to give you a new exterior. I ,too, will wait at least one year before I make the plunge. Hope the next year refines the look.The new one is about $4 grand more than my '01. Makes other makes more interesting. I am so happy that I have been able to enjoy this car for three years now. I know that if I decide to keep it it could last for a very long time. I just have 15,300 miles now.
#7566 of 12737 Lease Question
Oct 16, 2003 (10:57 am)
All this talk about the 04 5's is making me think ahead. My 3-yr lease is up 12/04 on my 2002 530i. The residual was 62%. Based on the MSRP, I could buy my car back for under $29K when the lease is up. Does anyone know how accurate the lease rates are on BMW's? For example, as 3-yr leases expire on the 2001 5-series (purchased Sept-Oct, 2000) is the blue book on the car above or below the projected residual values from 3 years ago? I checked Edmunds TMV and also Kelly Blue Book, and it seems that if the residual was 62% on a 2001 (I am guessing), then if the lease was up today, it could be bought back for less than the TMV or KBB numbers. Am I right? If so, at what price differencial does it pay to buy back the car and either keep it or sell it privately? I am asking the question here and not on the Edmunds leasing thread because I am hoping to get BMW owners' comments.
Oct 16, 2003 (11:43 am)
Due to the fact that the E-60 is out my guess is that the residual value of the E-39 will be greater than the actual value. Turn the car in and that is BMW's loss - not yours (unless you are way under miles). If you want to buy the car though, you may be able to negotiate a lower cost than the residual.
On the other hand, if the E-60 falls flat and starts getting discounted (like the 7 series did in its first year) there may be plenty of buyers for CPO-able E-39's. Still, expecting to make a profit by re-selling a car you buy at 62% resid is a long shot.
Oct 16, 2003 (12:04 pm)
Usually a lease buy-option price must be sufficiently below market to compensate for the your trouble to sell privately, or to forego other purchase options you may have. I would be somewhat leery of BlueBook, Edmunds, etc., I think they're optimistic, study ads in your area for pricing info.
In your case, I believe the big discounts they offered on '03 5's may make your purchase option price ABOVE market. You, of course, know if the car was pampered or flogged, and thus worth more or less than average, but I'd use the $4k discounts that were offered as a bargaining chip to get a reduced purchase price if you decide to keep your car. After all, everyone of us with an E39 lost $$ when they offered those discounts.
#7569 of 12737 Market value on E39's
Oct 16, 2003 (12:18 pm)
E39's did not take big depreciation hit because of late model dealer incentives. The used car prices on these models are HIGH, very high. I've already mentioned this I know, but the fact remains that auction prices on these have been going UP all year. It's a testament to how great of car it is.
In example given by PEN101 saying he'll be able to buy his car out for under 29 g's: I challenge anyone to find an '01 530 with good mileage on it for that money. If that deal is out there, it's a heckuva a bargain.
#7570 of 12737 re: lease, bmwseller
Oct 16, 2003 (12:25 pm)
In my example, assume it is a 36 month, 36K mile lease and I have 36K miles on the car at lease end (actually, based upon my current driving, I may be over the lease requirements by 1-2K when it expires). Currently I see ads for similar equipped and mileage cars in the low 30's.