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Buying a used 5 Series

336 messages,  Last post on Nov 25, 2009 at 10:13 PM

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


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#61 of 336
Re: 540i details - the morning after [nowakj66] by shipo
Jul 15, 2007 (8:15 am)
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Replying to: nowakj66 (Jul 15, 2007 7:31 am)

On all non-M 5-Series E39 models there is what's referred to as "Service II" that is to be performed around the 60,000 mile mark.
 
Another option to consider would be a 2002 or 2003 530i 5-Speed. It'll still give you lots of performance (especially compared to the Accord), considerably better mileage than the 540i and generally lower maintenance costs. On my 530i 5-Speed (a 2002 with the Sport Package, Premium Package, Premium Audio and Xenon headlights) I was able to consistently get just over 30 mpg at speeds between 70 and 75, and about 23 in combined driving.
 
There are a couple of other advantages that the 530i has over that generation of the 540i 6-Speed.
 - The 530i has even more responsive steering (Rack & Pinion) than the already good steering of the 540i (Recirculating Ball)
 - The 530i SP has the same size tires front and back which allows for tire rotations (which will extend the life of the tires) as opposed to the staggered setup of the 540i 6-Speed.
 - The 5-Speed 530i SP is generally more plentiful when compared to the 540i 6-Speed (which includes the SP suspension setup), so you should be more easily able to find the color and option combination that suites you.
 
As for deciding between your Accord and the 5er, well, I'm biased to say the least so I'm probably a very bad person to ask for an opinion. FWIW, I am not a fan of Hybrids for many reasons so of course I'd suggest you go for a 5er.
 
Best Regards,
Shipo
#62 of 336
Been thinking about it as well by scottinky
Jul 15, 2007 (5:25 pm)
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trading to a 5 series, wagon. 530XiT. my choice is easy, it is too expensive, so
I am staying put until i can afford one.
#63 of 336
5 Series - One Owner Certified - Best bets by nowakj66
Jul 16, 2007 (4:51 pm)
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Replying to: shipo (Jul 15, 2007 8:15 am)

Shipo - thanks for all your help on this. The 540i experience got me thinking - I liked the car but I was not too excited to be the third owner. I also like black interiors as opposed to light. The other thing was inexperience. It *seemed* like a nice BMW 5 series but I was not sure if I was looking at a rare version or an odd duck.
 
What *is* the best way to score a certified 5 series with one owner?
 
Is there any any chance an '02 or '03 will come this way? Most one owner 5 series seem to be leases. SO am I too late for a one owner '03 (ie they have all come off lease already?) Is '04 more likely?
 
If I see a car from a private seller or car max, is there any way to get the car certified at a BMW dealer for the extended warranty?
 
Again, thanks in advance for the tips.
#64 of 336
Re: 5 Series - One Owner Certified - Best bets [nowakj66] by shipo
Jul 16, 2007 (7:42 pm)
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Replying to: nowakj66 (Jul 16, 2007 4:51 pm)

I'm not sure what the rules are on certifying a used car, however, I do know that some folks have had second hand cars certified. I suppose the best place to search for information is at your local dealership.
 
Keep us posted.
 
Best Regards,
Shipo
#65 of 336
Re: 5 Series - One Owner Certified - Best bets [nowakj66] by 530ir1150r
Jul 17, 2007 (5:20 am)
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Replying to: nowakj66 (Jul 16, 2007 4:51 pm)

Check the BMWCCA classifieds and the CPO section of BMWNA. BMWCCA go back to day 1 and BMWNA go back 6 years.
 
Two other things; avoid lease cars, they have not been maintained any better than the schedule of "free" service, and you do not need certified cars or definitely you do not need to purchase extended warranties or maintenance plans.
 
I have a 2002 530i SP 5 speed with 93000 miles. My costs that would have been covered by either extended plans are $1402. My understanding of extended warranties and maintenance plans are they will cost approximately $3500.
 
CPO costs are as negotiable as the car, it is in the price, but you will pay between $1000 and $1500 more for a CPO. A BMW Dealer will not lose money with a CPO package, but they may break even since you will likely come back to the dealer for service, covered and non covered.
 
Extended plans have profit and commission included. If they cost $3500, there is probably $1750 of profit and commission. That leaves $1750 of coverage; CPOs cost $1500 more and my costs have been $1402 and I am passed the last scheduled service. That should give you a good idea of what an average BMW will cost to maintain by the schedule.
 
Also, keep in mind that with tires my total cost of service and maintenance is $7173. I roughly follow the service schedule recommended by Mike Miller, BMWCCA tech editor, and have also bought a replacement wheel and had a bent wheel repaired.
 
I hope this helps your decision process. I highly recommend a 530i.
#66 of 336
Re: 5 Series - One Owner Certified - Best bets [530ir1150r] by nowakj66
Jul 18, 2007 (6:52 am)
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Replying to: 530ir1150r (Jul 17, 2007 5:20 am)

Thanks for the tips 530ir.
 
I can see the $1402 in service costs but how did it get to $7373 with tires?
#67 of 336
Re: 5 Series - One Owner Certified - Best bets [nowakj66] by 530ir1150r
Jul 19, 2007 (1:51 pm)
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Replying to: nowakj66 (Jul 18, 2007 6:52 am)

Scheduled, service beyond BMW's recommendation; $2139.42.
 
Recurring, mostly tires; $3019.07.
 
Damage, wheel repair and replacement wheel; $621.00
 
Unscheduled, Mostly preventive radiator replacement and brake and master cylinder issues; $1393.06.
 
Annual costs the last 4 years including 2007 so far has run $1500 to $1800.
 
The $1402 is what an extended warranty, maintenance plan or CPO would have covered and is in the $7173.
#68 of 336
Re: 5 Series - One Owner Certified - Best bets [530ir1150r] by cmr530i
Jul 19, 2007 (2:28 pm)
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Replying to: 530ir1150r (Jul 19, 2007 1:51 pm)

Can you tell me at what mileage you replaced the radiator?
Thanks.
#69 of 336
Re: 5 Series - One Owner Certified - Best bets [cmr530i] by 530ir1150r
Jul 20, 2007 (1:20 pm)
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Replying to: cmr530i (Jul 19, 2007 2:28 pm)

75,365; it coincided with flushing out the coolant system in the fall after 4 years. I do not know if it was absolutely necessary, but I wanted to do it before I had to do it.
#70 of 336
Re: 5 Series - One Owner Certified - Best bets [530ir1150r] by roadburner
Jul 20, 2007 (7:22 pm)
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Replying to: 530ir1150r (Jul 20, 2007 1:20 pm)

I do not know if it was absolutely necessary, but I wanted to do it before I had to do it.
 
The radiator in my wife's 1997 528i was replaced at 8 years and 125K miles, it cracked when it was removed in order to replace the water pump. Who knows how long it would have lasted if it had been left alone? FWIW, the radiator in my Club Sport is still going strong at 12 years and 110K miles.

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