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Buying a used 5 Series

323 messages,  Last post on Oct 19, 2009 at 5:58 AM

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What is this discussion about? BMW 5 Series, Car Buying, Sedan


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#182 of 323
2006-2007M5 or 2008 550i? Opinions? by kostia
Nov 18, 2008 (5:29 am)
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Hi,
I am very strongly considering a slightly used 550i, but recently drove a 2006 M5 SMG and of course loved it.
It is kind of hard to find a manual 550i which is what I would prefer if buying a 550i. Prices on 2006 M5 and loaded 550i both CPO are about the same. 2007 may be a little higher.
This will be my primary vehicle and I drive about 15K/year most of it stop and go traffic. For those in MA route 9 and lots of it.
I am wondering how much more per year my costs will be on
insurance, maintenance after manufacturer maintenance is over
other costs after CPO time is over
 
What do you think resale value would be compared to each other 4 years down the road? Especially if gas prices get back to $4+. I plan to keep the car for about 4-5 years. Which one would be easier to sell then?
 
Any help is greatly appreciated.
#183 of 323
Wagons anyone? by oldgoat2
Dec 02, 2008 (6:24 pm)
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Looking at buying either a certified 2007 328i Sport Wagon with 10K miles, for around $29K, or a 2006 530XIT (AWD) with 26K miles and one year left on original warranty, for close to same money ($30K). Any opinions on trading up to the 530, but losing the extra certified warranty. Separate from styling, compelling reasons to go with one or the other? Live in Houston, so the AWD has limited utility. Thanks for any opinions.
#184 of 323
Re: Wagons anyone? [oldgoat2] by kyfdx HOST
Dec 02, 2008 (7:43 pm)
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Replying to: oldgoat2 (Dec 02, 2008 6:24 pm)

I vote for the 328i
 
1) At least two years (or more) and 40K of free maintenance vs. one year for the 530
 
2) 4 years of warranty vs. 1 year for the 530
 
3) Better fuel mileage, with probably equivalent or better acceleration (30 less hp, but less weight, no AWD).
 
4) Sportier handling vs. AWD 530.
 
If you lived in the snow belt, maybe.. but, in Houston?
#185 of 323
Re: Wagons anyone? [kyfdx] by oldgoat2
Dec 03, 2008 (5:22 pm)
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Replying to: kyfdx (Dec 02, 2008 7:43 pm)

Thanks. In doing additional research, I found that the 2006 530 wagon is on Consumer Reports' list of used cars to avoid. That, along with the warranty coverage differences mentioned, pull the practical side of me to the 328. Now to see if I can do some more work on the price...
#186 of 323
Re: Wagons anyone? [oldgoat2] by roadburner
Dec 03, 2008 (9:07 pm)
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Replying to: oldgoat2 (Dec 03, 2008 5:22 pm)

I found that the 2006 530 wagon is on Consumer Reports' list of used cars to avoid.
 
Take the CR reliabilty ratings with a large grain of salt. According to CR my wife's 75000 mile 2004 X3 has a below average reliability record. In actuality the only non-scheduled repair has been replacement of the passenger seat SRS sensor. My 2007 Mazdaspeed OTOH, is supposed to have an above average reliability record and it required a new strut as well as a new turbo before it hit 27000 miles.
#187 of 323
Re: Wagons anyone? [oldgoat2] by roadburner
Dec 03, 2008 (9:07 pm)
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Replying to: oldgoat2 (Dec 03, 2008 5:22 pm)

I found that the 2006 530 wagon is on Consumer Reports' list of used cars to avoid.
 
Take the CR reliability ratings with a large grain of salt. According to CR my wife's 75000 mile 2004 X3 has a below average reliability record. In actuality the only non-scheduled repair has been replacement of the passenger seat SRS sensor. My 2007 Mazdaspeed OTOH, is supposed to have an above average reliability record and it required a new strut as well as a new turbo before it hit 27000 miles.
#188 of 323
Re: Wagons anyone? [roadburner] by oldgoat2
Dec 04, 2008 (7:15 pm)
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Replying to: roadburner (Dec 03, 2008 9:07 pm)

Agreed that you are playing the odds with Consumer Reports. I have actually had the same experience with other products over the years - - top rated and stilll had problems. While their ratings are not conclusive, a poor rating (in the case of used cars, based on input from owners) is not something I would ignore in the decision process. Appreciate the perspective.
#189 of 323
Re: Wagons anyone? [oldgoat2] by roadburner
Dec 04, 2008 (8:37 pm)
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Replying to: oldgoat2 (Dec 04, 2008 7:15 pm)

I agree that the ratings-especially very poor ones-can be used as a rough guide, but the survey group is far from an actual cross section of owners.
#190 of 323
2000 528i Sports Wagon by Boaltie91
Dec 14, 2008 (1:07 pm)
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We have been Volvo owners for many years but as our Volvo was totaled this past week (we walked away unhurt) we are looking at other wagons and saw what looks like a great deal on a 2000 528i Sports Wagon with 104,000. But we know nothing about BMW's. We know what questions to ask about Volvos - replacement of timing belt among others - but wonder what we should specifically be looking at for this model and year car. Any suggestions are very welcome.
#191 of 323
Re: 2000 528i Sports Wagon [Boaltie91] by roadburner
Dec 14, 2008 (3:41 pm)
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Replying to: Boaltie91 (Dec 14, 2008 1:07 pm)

First off, I'd want to have the car inspected by a good BMW tech. I'd also want to see the service history. 5 Series of that vintage can last a long time if properly maintained, but they do not tolerate benign neglect. Brake fluid must be changed every two years and the coolant should be replaced every 3-4 years using only BMW coolant. I change the ATF and final drive oil every 50K miles, but BMW only calls for a ATF change every 100K. At 104K the car you are looking at should have the radiator and water pump replaced if they haven't been swapped out already. The serpentine belts and idler pulleys also need to be inspected. The front suspension may need a few bushing and/or tie rod ends within the next 20K. The engine should last at least 200K before requiring a rebuild and the tranny should go at last 150K- and probably much longer. Join the BMW Car Club and let local members help you find a good dealer and/or indie BMW tech. Most dealers and BMW shops offer up to a 20% BMW CCA discount on parts and or service. And you can always ask any other questions right here, of course.

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