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Buying a used 5 Series

399 messages,  Last post on Feb 05, 2013 at 12:39 PM

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

Messages Page 5 of 40

#41 of 399 Advice on CPO 525i by wbb56

Feb 03, 2007 (1:01 pm)

I've narrowed my new car choices to three: 2005 CPO BMW 525i; '07 Toyota Avalon Touring; '07 Lincoln MKZ AWD.
 
I like them all but have always been partial to BMWs. My concerns: The '05 525i has 45k+ miles (Seems like a lot in only 2 years.)-and in comparison to the other two, seems underpowered.
The car is well equipped-Premium package, Navigation, Parking sensors, etc.. but the dealer is asking fairly high price-$39,995.
 
Questions: Any advice about buying the '05 w/45k miles? It is CPO--with the warranty extended to 100,000 miles. I think $35k is about right for the 525i-is that reasonable? (The MKZ and Avalon are both 35K fuly loaded). Is there a big enough difference in the 530i to pay the higher price?
I've owned (3) previous BMWs--but it's been 15+ years since my last 3-series. So I'm not sure about service, warranties, etc..
 
Any advice would be greatly appreciated!

#42 of 399 Advice on CPO 525i by azdino

Feb 09, 2007 (6:12 pm)

Boy do I have advice. Simply said, move on. You would be paying for a "newer" car with high miles. Cars depreciate by age & mileage. Go look for a 3 1/2 -->4 year old lower milaeage 5xx. My son just acquired a 2003? 530 with 44K miles and the remaining warranty. Quite loaded - sport & comfort? groups. He paid $24,000 + T & L here in Phoenix. He spent about 45 days looking around. He is a "frugal" engineer. AZDINO

#43 of 399 Re: Advice on CPO 525i [wbb56] by woodyww

Feb 10, 2007 (1:20 pm)

Replying to: wbb56 (Feb 03, 2007 1:01 pm)
Paying $35-$39K for an '05 525i with 45k miles sounds nuts to me. You can buy or lease some really nice brand new cars for that much, or less.
 
I'd say, either just buy or lease a new bmw, or go back a few model years and save a ton of $$. You're not "saving" enough (if anything) to make it worthwhile to buy a miled-up '05, IMO.
 
PS: Is the avalon new? If you like it equally, I assume it will treat you much more kindly with depreciation, & would be nice to have Brand New "everything".....

#44 of 399 Barely used '04 530i lease is up - Should I buy it? by manhattancar

Feb 20, 2007 (1:42 pm)

Hi,
 
I wanted some of the opinions of the very experienced forum members here. I'm currently leasing a 2004 BMW 530i and my lease is up this summer. I've barely used it (total of $12K miles so far). Apart from some idrive glitches (to be expected i imagine!), the car has given me no problems.
 
The residual value on the lease is about $35K. It's loaded with SP, PP, Xenon, Auto (original MSRP was $55k).
 
Question is: should I buy this car knowing that i only plan on driving 5-6K miles per year max? If I keep it for 5 years, how much do you think it will be worth 5 years from now, assuming I drive 5K miles/yr?
 
Finally, i've seen different responses, but it seems most people on this forum don't think its worth paying for extended maintenance. Would you agree?
 
Thanks for all your help.

#45 of 399 Re: 540i 2001-2003 [paisan] by circlew

Mar 01, 2007 (1:12 pm)

Replying to: paisan (Jan 19, 2007 6:52 pm)
I guess the kid's age bracket changed. The biggest difference is the resale value. That's where you'll loose. CPO can limit these costs.
 
Regards,
OW

#46 of 399 Buy or Not to buy a 2001 5 series by ttb69

Mar 16, 2007 (8:51 pm)

I am thinking of purchasing a 2001 530i with 50,000 miles. I have never owned a BMW before. Anything that I should take into consideration such as engine, suspension or electronics quirks?

#47 of 399 Advice on 2006 530i by kamdog

Mar 18, 2007 (6:32 pm)

My daughter is in the business, and one of the dealerships in her network is BMW. I can get a 2006 CPO 530i with steptronic, cold weather, sound, and luxury packages, and nav for about 41000. Im sure this is a good deal financially, but is there something I should look for? I have always wanted a BMW, but racked up over 20K a year commuting into the ghetto, so never could buy one. I am now retired, and this will be my keeper car. What should I look for?

#48 of 399 Need your advice -- 2005 BMW 530i or 2004 BMW 545i? by carjax

Apr 05, 2007 (11:43 am)

I am in the market for a used (but not too used) 530 or 545. Like everyone else, I'm looking for the most bang for the buck, but I am also thinking ahead to re-sale value (I have a bad habit of not keeping cars more than 3 years). My budget is about $30k - $35k. I'd prefer not to go older than a 2004 model (forgive me, but I actually like the Bangle style). I have my eye on a 2004 545i (51k mi., PP, SP, CP, prem. audio; asking $34k) and a 2005 530i (31k mi., no options; asking $34k). My heart (and right foot) are telling me to go for the 545, with 325 hp and lots of extras. My conscience is telling me I don't need the "extras" or the bigger engine and to just get the 1-year "newer" vehicle with 20k less miles. Who do I listen to?
 
Thanks!

#49 of 399 Re: Need your advice -- 2005 BMW 530i or 2004 BMW 545i? [carjax] by carguy70

Apr 05, 2007 (5:28 pm)

Replying to: carjax (Apr 05, 2007 11:43 am)
The 530 will give you plenty of bang for the buck over the OUT OF WARRANTY 545. The 3.0 I6 is very smooth and has plenty of torque. These cars are very particular when it comes to maintenance and you will save a fortune and have a lot more peace of mind driving a car with some warranty left. You can call a dealer ahead of time with the VIN# to confirm how much warranty is truly left.

#50 of 399 Re: Need your advice -- 2005 BMW 530i or 2004 BMW 545i? [carguy70] by carjax

Apr 09, 2007 (12:34 pm)

Replying to: carguy70 (Apr 05, 2007 5:28 pm)
Good advice. Thanks!

Messages Page 5 of 40

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