BMW E60 5-Series Forum | 5Post.com  
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read  

Go Back   BMW E60 5-Series Forum | 5Post.com > BMW 5-Series (E60) Forums (2004 - 2009) > General 5-series and M5 (E60) Forum

Post Reply
 
Thread Tools Search this Thread
      09-14-2012, 01:47 PM   #1
slostjoe
NEWBICON
United_States
16
Rep
304
Posts

Drives: E92 335is
Join Date: Jul 2012
Location: Springfield, MO

iTrader: (6)

Buying a Higher Mileage E60 M5 SMG

What are the cons to this, I currently own a 2008 e92 335i 6mt and am wanting to upgrade. I have found several M5/M6's with around 60-70k miles that are in my price range but I am concerned that with hard driving like I do that I will have transmission issues. Just curious if someone can shed some light on this.

Thanks!
__________________
2013 Race Red GT500 708whp
www.cmsmotorsports.com
Appreciate 0
      09-15-2012, 01:22 AM   #2
michael1366
New Member
1
Rep
29
Posts

Drives: 08 BMW X5 4.8i-Silver
Join Date: Jun 2012
Location: OR

iTrader: (0)

Quote:
Originally Posted by slostjoe
What are the cons to this, I currently own a 2008 e92 335i 6mt and am wanting to upgrade. I have found several M5/M6's with around 60-70k miles that are in my price range but I am concerned that with hard driving like I do that I will have transmission issues. Just curious if someone can shed some light on this.

Thanks!
Same question as well, just curious the reliability of e60 m5 with high mileage
Appreciate 0
      09-16-2012, 12:20 AM   #3
in transit
New Member
0
Rep
10
Posts

Drives: 2007 335
Join Date: May 2011
Location: Rancho Cucamonga

iTrader: (0)

They're reliable but expensive as heck to maintain. Additionally, they are horrible on gas mileage. Get a PPI and a warranty or be prepared to spend big bucks on repairs. Check out the M5 board for and idea regarding repair costs.
Appreciate 0
      09-16-2012, 08:47 PM   #4
slostjoe
NEWBICON
United_States
16
Rep
304
Posts

Drives: E92 335is
Join Date: Jul 2012
Location: Springfield, MO

iTrader: (6)

Quote:
Originally Posted by in transit
They're reliable but expensive as heck to maintain. Additionally, they are horrible on gas mileage. Get a PPI and a warranty or be prepared to spend big bucks on repairs. Check out the M5 board for and idea regarding repair costs.
PPI? Pre purchase inspection?
__________________
2013 Race Red GT500 708whp
www.cmsmotorsports.com
Appreciate 0
      09-16-2012, 09:42 PM   #5
in transit
New Member
0
Rep
10
Posts

Drives: 2007 335
Join Date: May 2011
Location: Rancho Cucamonga

iTrader: (0)

Correct.
Appreciate 0
      09-28-2012, 02:14 PM   #6
jcolley
Lieutenant
United_States
378
Rep
413
Posts

Drives: 328
Join Date: Jul 2007
Location: Maine

iTrader: (1)

Extended warranties are not cheap for this car if they actually cover anything. Do not consider one out of warranty without purchasing an extended warranty unless you are capable and prepared (not the same thing) to do all maintenance and repairs yourself. Most people (myself included) who find the older, higher mile M5s in their price range are not 'prepared' to take those on themselves. SMG pumps are a common failure item and about $2600 in parts alone. Clutches wear out (you don't get to choose babying it with SMG) and aren't cheap for parts either. Also, occasional VANOS problems simliar to E46 M3s.

Having said all that, I just purchased an '06 with 60k on the clock and got an exclusionary warranty through AmTrust, a company with a known (good) E60 M5 reputation. It wasn't cheap though, added about 20% to the price of the car for 4years/40k miles.

Whatever warranty company you choose, make sure it is an "exclusionary" warranty.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 03:12 PM.




5post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST