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BMW 5-Series Prices Paid and Buying Experience

2998 messages,  Last post on Jun 28, 2008 at 8:04 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW 5 Series, Sedan, Wagon


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#2951 of 2998
Re: Warranty and Loaner Cars [gjonesmi] by kyfdx HOST
Apr 26, 2008 (8:17 am)
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Replying to: gjonesmi (Apr 26, 2008 7:59 am)

Any BMW dealer will be glad to do service and warranty work on your car..
 
Loaners will vary by dealer.. Given enough notice, my local dealer will provide a BMW loaner to any service customer, regardless of where they purchased their car.. Some dealers only give loaners to their own sales customers.
 
BMW NA has no policy or requirement for loaners. It is solely at each individual dealer's discretion.
 
regards,
kyfdx
#2952 of 2998
Re: One more 550i ordering question [chile96] by SergeyM
May 02, 2008 (4:16 pm)
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Replying to: chile96 (Apr 16, 2008 7:01 pm)

BMW 550 with the sport package has M-aero package standard. Check BMWUSA.COM if in doubt.
#2953 of 2998
525 or 530 i by blksapwit19
May 04, 2008 (6:25 pm)
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Im in the market for a 5 series im lookin at two vehicles a 04 530i with 36000 mil on it or a 05 525i with 28000 mil on it same packages cold weath preamium im almost getting the same deal 26500 for the 525 and 27000 for the 530 and suggestions on this decision?????
#2954 of 2998
Hi by bmlexus
May 07, 2008 (10:24 pm)
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Can I just have a little experience about the 5 series
 
How does it compare to lexus cars
 
Hows the road feel?
 
Difficult to use electronics?
 
Reliability?
#2955 of 2998
Re: Hi [bmlexus] by x021627
May 08, 2008 (3:57 pm)
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Replying to: bmlexus (May 07, 2008 10:24 pm)

I drove a 2003 BMW 530 for 2 years. Put $45K miles on it in that time. Great car and my first BMW. Decided that the high mileage was going to cause me to be out of warranty in short order and since my commute changed, decided to instead get a Lexus 330. Nice car, but like a sofa. No real fun driving. Great for long trips. Won't be passing folks or making quick maneuvers. Since my lease was nearly up, started looking at 5 series again. No comparision at all with driving dynamics, road feels, power, etc. Cabin isn't as fancy as Lexus, but I like the spartan look and I drive makes things fun. Don't believe the critics that say it is horrible. It is not the best interface, but hardly the worst. I learned how to use it in 10 minutes and it allows all the customization for radio, climite control and other things you could possibly want. I love especially the IPOD interface.....cool.
 
As for reliability, I had no issues on the 03 5 series and don't expect any on this car also, not until possibly 75k miles, but it's a lease, so at 36K I will be walking away to another BMW.
 
 
#2956 of 2998
Re: Hi [x021627] by supershopper1
May 08, 2008 (6:12 pm)
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Replying to: x021627 (May 08, 2008 3:57 pm)

I've driven Lexus GS's for 5 years and just changed over to a brand new 535i. The lexus was comfortable and powerful and the engine bulletproof. Factory service is VERY expensive, $130 oil changes alone.
 
The BMW, though, is much more exciting and responsive. If you consider yourself a car person and enjoy punching off the line or zipping through and around traffic, go for the BMW.
 
Personally, I'm more comfortable with a lease on a bimmer, and don't want to have the car out of warranty.
#2957 of 2998
Re: My First BMW-Did I do OK? [ctshorse] by rudor
May 24, 2008 (5:00 am)
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Replying to: ctshorse (Apr 20, 2008 2:10 pm)

You can protect yourself from such a potential loss by getting full replacement insurance policy, like Allstate Platinum. In that case, if the car is totalled, you get a brand new car and you continue with the lease as if nothing happened - albeit with a new car.
 
The increased premium is worth it. Note that this replacement coverage only applies for the first 2 years, but your down payment will be absorbed by then anyway.
#2958 of 2998
Re: My First BMW-Did I do OK? [rudor] by ponytrekker
May 24, 2008 (5:13 am)
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Replying to: rudor (May 24, 2008 5:00 am)

Given that example, it's even worse. The 4k is still gone. Yes you get a new car with a new lease payment but no one writes you a check for the 4k you prepaid.
 
With a lease, it's not a down payment, it's a prepayment.
 
Plus that's nothing but a profit center for insurance companies as a lease with BMWFS includes GAP insurance.
#2959 of 2998
Re: My First BMW-Did I do OK? [rudor] by ctshorse
May 25, 2008 (10:27 am)
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Replying to: rudor (May 24, 2008 5:00 am)

please ask the bank and BMW FS what happens in case of total loss.
Work through an example like this one. You walk away with a $50K car and a 36 mos $700 payment. 6 months later you have a 100% loss. The mob puts 2 snitch in the trunk, takes it to one of their salvage yards and compacts the car into a 4x4 block and dumps it in the hudson. You are still on the hook for 30 months of payments plus the contracted value of the car at the end of the lease LESS what you put down for cap reduction. Your insurance company will make payments based on the value of the car at time of loss. This amount more than likely will be less than your lease payments due plus the end of lease car value. There would be a GAP.
 
The Bank Fee you pay is intended to cover the GAP between what your insurance pays and what BMW's loss is. Your loss is not insured under GAP. Buying extra insurance from your agent to cover your cap reduction loss is not wise. Instead, you should put that money into an account designated to pay the lease. Spread it out over the lease life yourself giving you the effective lower payment you desire. This way, if there is a 100% loss, you would still have money in the bank and your GAP would be covered.
#2960 of 2998
1994 BMW 540i by calvin540i
May 25, 2008 (5:29 pm)
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I purchased a 1994 BMW with no manual. Where is the best place to purchase one. Also, what are the "A" and "M" for in regards to the transmission.

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