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| 17091984 (65hp) | Quote: Originally written by P1et How about a test drive and see for yourself if it's too big for you? We can't help you with Mate. Agreed, I'll add that if you haven't driven one or seen one up close (e.g. not online), they are big cars! I have a Nissan Titan crew cab and the interior space is bigger but not by much to be honest haha so make sure it's not too much car for the place you work/go a lot.
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| skrelnik (697hp) | I saw the car yesterday and took it for a test drive this weekend. I've driven the 2007 528i many times and I love it, but I wonder what I'll lose with the Z4. The deal I got is $48,000 for the 2013 535i M - 12,000 miles...MSRP about $64,000, I think that's a good deal right??
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| 20081975 (149hp) | 32 and single, ordered a 550 about a month ago. Previously had a 328. The 3 was a lot of fun, but the 5 is perfect. Lots of space, but still sporty, and damn, it looks good too. Fit and finish is miles above the 3. Would have done a 6GC if I had $30,000 left.
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| Number1 (779hp) | Quote: Originally posted by chiu7526 I saw the car yesterday and test drove it this weekend. I've driven the 2007 528i many times and I love it, but I wonder what I'll lose with the Z4. The deal I got is $48,000 for the 2013 535i M - 12,000 miles...MSRP about $64,000 I think that's a good deal, right? Are you in Washington by any chance? I currently have a 2013 535i M with 12,000 miles for $48,000, that's why I'm asking haha. The biggest/only thing I miss about my S2000 is that no one can ask for rides or ask me to bring anything larger than a bag of RedBull.
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| ilovejorda (178hp) | Wait... a bit confusing... are you selling it? or you sold it. The one I get is DGII. By the way, I live in Seattle
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| apra (916hp) | Quote: Originally posted by chiu7526 Wait...a little confusing...are you selling it? or you sold it. The one I get is DGII. By the way, I live in Seattle. Neither, I just saw it for sale, I'm still checking for offers, if one comes up I'd rather have it haha. Pretty! If that's it at Barrier, ask for James Chrosniak if you decide to go for it and aren't working with anyone yet!
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| abacabb (207hp) | Quote: Originally posted by Kre62 I'm in the same boat as I'm a little younger than the usual 5 buyer and also single and thinking about buying a 5 buyer. One thing I would like to point out is that I don't believe the 2013 M Sport had the 704 M chassis. If you want something sportier, I read that this suspension is a must. Only applies to 535/550 M Sports from 2014. The 535i/550i MSports from 2013 definitely have the 704 chassis. However, consider the hype surrounding this suspension. It's still a pretty soft suspension, just not as soft as the standard suspension. To the OP: The F10 is a big, heavy, quiet luxury cruiser that is essentially a smaller version of the 7-series (same platform). It's a beautiful car inside and out and has nice tech features. What it isn't is sporty. It's pretty powerful for a 2 ton car, and the N55 engine in the 535i you're looking at is a great power plant, perfect for non-aggressive driving mixed with occasional spirited driving. You'll have to drive one to see how it suits your needs.
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| hailey12 (239hp) | Quote: Originally written by SonicEndeavor The 2013 535i/550i MSports definitely have the 704 chassis. However, consider the hype surrounding this suspension. It's still a pretty soft suspension, just not as soft as the standard suspension. Really? From threads like these it appears the suspension was added in September 2013: http://f10.5post.com/forums/showthre...ght=704&page=2 Could it be that the 2013s have a different version of this suspension??
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| ghbdfn (334hp) | Quote: Originally posted by Kre62 Really? According to threads like these, the suspension appears to have been added in September 2013: http://f10.5post.com/forums/showthre...ght=704&page=2 Could it be that the 2013s have a different version of this suspension? No, they temporarily removed the 704 for the early 2014 build years (June/July/August 2013 build dates) and then added it back for the September build years. All 2013 MSports except the 528i have this 704.
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| black18 (831hp) | I checked the VIN and found that the M Sport suspension is on the list. I'm not sure if that's what you guys are talking about. The build date for the 2013 model is 20.08.2012
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| marriage1 (824hp) | Here is the equipment list Selection of COP-relevant vehicles Automatic transmission Steering wheel heating Tires with run-flat function BMW LA wheel, M double spoke 351 Tire pressure control (TPC) Automatic trunk lid mechanism Integrated universal remote control Comfort access M sports package Rear view camera Floor mats Velor Interior/exterior mirror with automatic dimming Interior mirror with automatic dimming Pass-through loading system Lumbar support driver and front passenger Seat heating driver/passenger seat heating rear interior strips Aluminum hexagonal blow-by heater Ambient interior lighting Headlight cleaning system Park Distance Control (PDC) Music interface for smartphone connection Bluetooth + USB devices incl. apps Traffic information Instrument cluster, extended equipment Instrument cluster, extended equipment M Sports suspension M leather steering wheel M aerodynamic package shadow line high-gloss roof lining anthracite high-speed synchronization decoding variable light distribution telematics access request, country-specific transport protection package outer skin protection
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| deniro (85hp) | The suspension on my Z4 35is is pretty hard (M suspension) and I kind of like it. I'm going to take a test drive this weekend to see how I like the 535i M chassis. Quote: Originally posted by SonicEndeavor. The 2013 535i/550i MSports definitely have the 704 suspension. However, consider the hype surrounding this suspension. It's still a pretty soft suspension, just not as soft as the standard suspension. To the OP: The F10 is a big, heavy, quiet luxury cruiser that is essentially a smaller version of the 7-series (same platform). It's a beautiful car inside and out and has nice tech features. What it isn't is sporty. It's pretty powerful for a 2 ton car, and the N55 engine in the 535i you're looking at is a great power plant, perfect for non-aggressive driving mixed with occasional spirited driving. You'll have to drive one to see how it suits your needs.
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| arcangel1 (116hp) | The 5 is a big departure from your Z4, but that's not a bad thing if that's what you're looking for in a car. Pretty much – what you see is what you get. It is a larger, mid-size luxury sports sedan. It offers you a certain level of sporty driving (like all BMWs), but its main purpose is to carry a few adults, a few colleagues or a family in luxury, on longer journeys, etc. It is also referred to as one of the quintessential executive model business sedans due to the good balance between performance, comfort, luxury and size. Since I travel a lot of long distances for work, this car is just right for me. Spending three or four hours in the car transporting a colleague to a business meeting? No problem. There's plenty of personal space, lots of seating comfort, overtaking power to get around grandma in the left lane, low noise levels for taking business calls, a great big navigation screen for finding the customer's location, loads of built-in communication toys to keep in touch to stay, etc...certainly a very different target compared to the Z4...with top-down corner carving in mind over the weekend. So I think your decision really has to come down to what you need in a vehicle. If you're looking for the qualities above, I don't think there's anything better than a 5 Series... except maybe a 7 Series or S-Class, and then you're giving up more sportiness than ever before. The 5 Series is a really nice balance with almost all the luxury of a 7 Series and some of the sportiness of the 3 Series in a single package. Honestly, I can't think of a luxury sedan in almost any segment that I would rather own. Find one that is really well equipped as the features in almost every BMW make or break it in my opinion.
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| zhanglei (899hp) | Omg, this is great advice. You can be a top car salesman... What I'm looking for is something I can comfortably show my parents around when they visit me. 2.3 times a year and most of the time I only take my girlfriend with me. I love the Z4, but sometimes I feel uncomfortable while driving, especially my girlfriend complains about it. I've been thinking about getting a 335i or a 435i coupe as the size is perfect for me at the moment as I don't have children now, but I like the look of the 535i M Sport, with a few simple modifications the car will be even better look. And another thing I'm worried about is that 5 is seriously big and it's much easier to get dents etc in the car... Is Dark Graphite Metallic II easy to maintain? My current Z4 is black and keeping it nice and clean is a real challenge. I'm still wondering how much I should pay for this car. A non-BMW dealer is asking $48,000 and that's the lowest they can do. 2013 535i M Sport - 12,000 miles - M Sport PKG - Cold Weather PKG - Technology PKG - Premium PKG - Head-up Display - Backup Camera/Parking - Convenience Access - Fold-Fold Rear Seat Quote: Originally posted by ezmaass The 5 is a big departure from your Z4, but that's not a bad thing if that's what you're looking for in a car. Pretty much – what you see is what you get. It is a larger, mid-size luxury sports sedan. It offers you a certain level of sporty driving (like all BMWs), but its main purpose is to carry a few adults, a few colleagues or a family in luxury, on longer journeys, etc. It is also referred to as one of the quintessential executive model business sedans due to the good balance between performance, comfort, luxury and size. Since I travel a lot of long distances for work, this car is just right for me. Spending three or four hours in the car transporting a colleague to a business meeting? No problem. There's plenty of personal space, lots of seating comfort, overtaking power to get around grandma in the left lane, low noise levels for taking business calls, a great big navigation screen for finding the customer's location, loads of built-in communication toys to keep in touch to stay, etc...certainly a very different target compared to the Z4...with top-down corner carving in mind over the weekend. So I think your decision really has to come down to what you need in a vehicle. If you're looking for the qualities above, I don't think there's anything better than a 5 Series... except maybe a 7 Series or S-Class, and then you're giving up more sportiness than ever before. The 5 Series is a really nice balance with almost all the luxury of a 7 Series and some of the sportiness of the 3 Series in a single package. Honestly, I can't think of a luxury sedan in almost any segment that I would rather own. Find one that is really well equipped as the features in almost every BMW make or break it in my opinion.
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| 141888 (207hp) | By the way, another question. Does 5 Serious have a VIN sticker under each door? Thanks
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| 080877 (739hp) | Quote: Originally posted by chiu7526 The suspension on my Z4 35is is pretty hard (M suspension) and I kind of like it. I'm going to take a test drive this weekend to see how I like the 535i M chassis. If you really like the car, you can always swap out the suspension for a firmer ride, but a set of coilovers and new sway bars will cost you 3 grand or less more. Another option is the Audi A6, which drives significantly better than the 5 Series. The dark graphite won't be as bad as black, but is still a dark color for maintenance purposes. Nice color though. As for the price, KBB gives a range of 46,000 to 50,000 for this car and the options you provided. So 48,000 is a decent but not great price.
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| rockstar4 (122hp) | If your budget is such that the 6-cylinder F10 is the right choice. I would also look at the Lexus GS and Audi A6 mentioned above. Honestly, the Audi and Lexus drive better, have better fit and finish, but in my opinion they're a fair bit uglier. Personally, I couldn't drive both for this reason. Depends on what you want. Actually, you can't make a bad decision.
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| 313 (884hp) | Quote: Originally written by RobbyMack If your budget is such that the 6 cylinder F10 is the right choice. I would also look at the Lexus GS and Audi A6 mentioned above. Honestly, the Audi and Lexus drive better, have better fit and finish, but in my opinion they're a fair bit uglier. Personally, I couldn't drive both for this reason. Depends on what you want. Actually, you can't make a bad decision. Sounds like the sport version of the LCI M fixes a lot of the old problems and drives much better now. Here's an example: http://www.bimmerfest.com/forums/showthread.php?t=776395 That's why I would at least recommend the operation 2014.
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| barrister (915hp) | Is it safe to buy a BMW at insurance auctions? I found a 2004 black/black 545i with 66,000 miles and a first owner untitled car for 12,900 from a dealer who only buys through insurance auctions. As far as I can tell, all of their vehicles are very clean .
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| donkey2 (273hp) | Doesn't an insurance auction primarily sell cars with junk titles? Every now and then you'll find one with a clean title, but you'll need to do your homework and find out how that car ended up at an insurance auction.
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| rosangela (611hp) | Just my opinion, but if you're having trouble finding a 5 Series at such a low price and this is the only way to get one, you may have to wait. You're setting yourself up for a headache.
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| tucker7 (313hp) | Quote: Originally written by Bimmer5. Just my opinion, but if you're having trouble finding a 5 Series at such a reasonable price and this is the only way to get into one, you may have to wait. You're setting yourself up for a headache. I can afford one, I'm stuck between one with 66,000 miles, one owner but from a dealer whose cars are mostly clean but asking 12,999 from insurance auctions, or one with 73,000 miles asking 14,500 from a Mercedes dealer. Both one owner. I'm just thinking why not save a few thousand?
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| cherry25 (940hp) | Quote: Originally posted by The X Men Aren't insurance auctions mostly selling cars with junk titles? Every now and then you'll find one with a clean title, but you'll need to do your homework and find out how that car ended up at an insurance auction. I will check the Carfax and thoroughly inspect the car
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| fuck17 (18hp) | Quote: Originally posted by Chad20 I will check the Carfax and thoroughly inspect the car. Carfax doesn't always tell the whole story. You need to somehow find out the service history of this car.
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| nathan05 (749hp) | Quote: Originally written by The X Men Carfax doesn't always tell the whole story. You need to somehow find out the service history of this car. Yes, I will have all the maintenance done before I buy it. The only thing that worries me is that it sounds too good to be true. The KBB is almost $16,000 but they are asking 12,900 but they told me it was a clean title. However, he is flawless. It is a very small building on the outskirts of a city, next to a number of other small storage businesses. The situation alone seems suspicious. I looked for insurance auctions nearby and sure enough there is one just a few miles south of them. All their cars are in very good condition but the prices are really low. The owner told me that it is appointment only and that because of their location they sell cars cheaply to attract people. Sorry for the random mess I'm making at work lol
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| asd111 (307hp) | here we go again!
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| 22224444 (341hp) | Follow your instincts. There's usually a good reason why you feel like there's so much wrong with this deal.
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| swamisamarth (544hp) | His instinct is to floss and block the blow!
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| 111283 (286hp) | Quote: Originally posted by noixd Here we go again! :
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| ek415 (162hp) | Quote: Originally posted by Chad20 Is it safe to buy a BMW at insurance auctions? I found a 2004 black/black 545i with 66,000 miles and a first owner untitled car for 12,900 from a dealer who only buys through insurance auctions. As far as I can tell, all of their vehicles are very clean. Uncle Ezmaass....
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| Stephanie1 (988hp) | Chad gets a brand new Hyundai Accent!
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| harmonie (68hp) | Quote: Originally written by noixd Chad, get a brand new Hyundai Accent! I think I'd rather ride a bike lol, my sister bought one and not even a year later she now wants a BMW
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| alex111 (247hp) | Quote: Originally posted by CyclePimps Follow your instincts. There's usually a good reason why you feel like there's so much wrong with this deal. I posted a picture of the dealer's small quantity. Is it just me or is it a little sketchy lol
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| 17121995 (184hp) | Chad... 1. There is no free lunch. There is a reason why one product is priced significantly less than another. Note: It is not the seller's goodwill. The seller is not uneducated - he knows what the asking price is for the car in good condition. The lower price reflects the VALUE, where the value consists of the quality of the goods and also the risk of the buyer. 2. Keep your 328. This is the smartest (and easiest) decision. You don't even have to go to a dealer to achieve this! Invest all that extra energy and time into something that will make you money or blow it up. 3. See 1 and 2 - I just thought that three points should be made here.
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| 17121991 (65hp) | Quote: Originally posted by Chad20 I think I'd rather ride a bike. lol my sister bought one and not even a year later she now wants a BMW. Then what are you waiting for? Go and get the car from the auction!!
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| c654321 (836hp) | Quote: Originally posted by ezmaass Chad... 1. There is no such thing as a free lunch. There is a reason why one product is priced significantly less than another. Note: It is not the seller's goodwill. The seller is not uneducated - he knows what the asking price is for the car in good condition. The lower price reflects the VALUE, where the value consists of the quality of the goods and also the risk of the buyer. 2. Keep your 328. This is the smartest (and easiest) decision. You don't even have to go to a dealer to achieve this! Invest all that extra energy and time into something that will make you money or blow it up. 3. See 1 and 2 - I just thought that three points should be made here. Okay, so you're thinking, I'm just happy with the 328i, then why are you in an f10, right? See you don't want a 328i just like I can't afford one and f10 so I'm buying an e60
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| bonethug1 (812hp) | Send me the VIN numbers and I'll run the Carfax for you...at least we'll see if there's anything you need to be concerned about that's been reported. I have a merchant account, so there are no fees
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| orochi (848hp) | Quote: Originally posted by Chad20 Ok, so you think I'm just happy with the 328i, then why are you in an f10, right? Look, you don't want a 328i, just like I don't. He paid cash for the car. No credit, no leasing. Just a guess, but I bet I'm right. As has apparently been said here several times, your time will come. But only if you play smart and carefully now. The ones that me, EZmaas and many others did when we were your age. Damn, be happy with your 328. I'm pretty sure I had a well-used Monte Carlo at this stage of my life.
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| 010183 (61hp) | Quote: Originally posted by Chad20 Ok, so you think I'm just happy with the 328i, then why are you in an f10, right? See you don't want a 328i just like I can't afford it and f10 so I'm buying an e60 Chad - that's not a fair comparison. Many of the people here, myself included, aren't 21 to begin with. I'm also pretty well established professionally - I'm an executive at a software company and can buy several new F10s in cash every year if I want. I don't say this to brag, but to make a point (that I've been trying to make clear to you for some time): you have to be patient. Beautiful things follow success, not the other way around. When I was your age (man, I feel old saying that expression), I would have been very happy with the 328. First, it's a NICE car for any 21 year old. In addition, it is a nice car time. I understand that it may not have all the bells and whistles of a 5 Series model - but as I said above, be patient... and success in life will be followed by beautiful material things. It's not a bad thing that you want a nicer car. The bad thing is that you have to work hard to buy one. The ability to pay for something (or make payments for it) does not necessarily mean that you can afford it, as you will later discover. The credit crisis and housing collapse of 2008 (and what we are still recovering from) are proof of this. What's the rush? Keep the 328 (make sure it's paid off if not) and drive it until it stops running. It will honestly last you as long as you want it to if cared for. If you get into an old E60 545i now, you'll face a few unpleasant realities: 1. You, too, will eventually get bored of this car - but you've wasted your money on it. 2. You will learn how EXPENSIVE it is to repair and maintain an old German V8 luxury car. Most older wealthy people would still balk at the idea of keeping an e60 545. Instead of taking your hard-earned money and using it for fun things like vacations, concerts, nights on the town, etc. when you turn 21, you'll put the money directly into thousands of dollars worth of surprise notes from your local BMW- Dealer. The positive thing is that they will love you. 3. You cheat yourself out of the chance to get ahead in life. As I have said in previous posts, NOW is the time to prepare for a better financial future and learn some best practices (investing, saving, retirement, etc.). You will (I promise) regret not doing this later. So again...what's the rush? Deciding to buy an old 545 instead of you has very few advantages and many disadvantages. I think a lot of people here have tried to talk you out of it and save you a lot of pain and heartache. You can do what many 21 year olds do and not listen to sage advice... and learn from your own experiences. OR you can learn from other people's experiences and stay ahead of the competition. The choice is yours, Chad! If you like reading (honestly, even if you don't), pick up a book called Rich Dad, Poor Dad. Read it carefully before making a decision.
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| penfold (157hp) | You must pass the state salvage inspection when you buy a car at an insurance auction and you will receive the title for reconstruction.
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| pregnant1 (38hp) | Is it safe to buy a BMW at insurance auctions? I found a 2004 black/black 545i with 66,000 miles and a first owner untitled car for 12,900 from a dealer who only buys through insurance auctions. As far as I can tell, all of their vehicles are very clean .
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| NeoCortex (810hp) | Doesn't an insurance auction primarily sell cars with junk titles? Every now and then you'll find one with a clean title, but you'll need to do your homework and find out how that car ended up at an insurance auction.
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| angle (316hp) | Just my opinion, but if you're having trouble finding a 5 Series at such a low price and this is the only way to get one, you may have to wait. You're setting yourself up for a headache.
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| monkey96 (226hp) | Quote: Originally written by Bimmer5. Just my opinion, but if you're having trouble finding a 5 Series at such a reasonable price and this is the only way to get into one, you may have to wait. You're setting yourself up for a headache. I can afford one, I'm stuck between one with 66,000 miles, one owner but from a dealer whose cars are mostly clean but asking 12,999 from insurance auctions, or one with 73,000 miles asking 14,500 from a Mercedes dealer. Both one owner. I'm just thinking why not save a few thousand?
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| 010885 (954hp) | Quote: Originally posted by The X Men Aren't insurance auctions mostly selling cars with junk titles? Every now and then you'll find one with a clean title, but you'll need to do your homework and find out how that car ended up at an insurance auction. I will check the Carfax and thoroughly inspect the car
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| brianna06 (553hp) | Quote: Originally posted by Chad20 I will check the Carfax and thoroughly inspect the car. Carfax doesn't always tell the whole story. You need to somehow find out the service history of this car.
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| weed666 (14hp) | Quote: Originally written by The X Men Carfax doesn't always tell the whole story. You need to somehow find out the service history of this car. Yes, I will have all the maintenance done before I buy it. The only thing that worries me is that it sounds too good to be true. The KBB is almost $16,000 but they are asking 12,900 but they told me it was a clean title. However, he is flawless. It is a very small building on the outskirts of a city, next to a number of other small storage businesses. The situation alone seems suspicious. I looked for insurance auctions nearby and sure enough there is one just a few miles south of them. All their cars are in very good condition but the prices are really low. The owner told me that it is appointment only and that because of their location they sell cars cheaply to attract people. Sorry for the random mess I'm making at work lol
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| socialwork (46hp) | here we go again!
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| simbacat (296hp) | Follow your instincts. There's usually a good reason why you feel like there's so much wrong with this deal.
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| noone (921hp) | His instinct is to floss and block the blow!
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| player09 (765hp) | Quote: Originally posted by noixd Here we go again! :
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| disco123 (860hp) | Quote: Originally posted by Chad20 Is it safe to buy a BMW at insurance auctions? I found a 2004 black/black 545i with 66,000 miles and a first owner untitled car for 12,900 from a dealer who only buys through insurance auctions. As far as I can tell, all of their vehicles are very clean. Uncle Ezmaass....
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| corinna1 (747hp) | Chad gets a brand new Hyundai Accent!
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| 443322 (489hp) | Quote: Originally written by noixd Chad, get a brand new Hyundai Accent! I think I'd rather ride a bike lol, my sister bought one and not even a year later she now wants a BMW
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| suger1 (242hp) | Quote: Originally posted by CyclePimps Follow your instincts. There's usually a good reason why you feel like there's so much wrong with this deal. I posted a picture of the dealer's small quantity. Is it just me or is it a little sketchy lol
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| inform (355hp) | Chad... 1. There is no free lunch. There is a reason why one product is priced significantly less than another. Note: It is not the seller's goodwill. The seller is not uneducated - he knows what the asking price is for the car in good condition. The lower price reflects the VALUE, where the value consists of the quality of the goods and also the risk of the buyer. 2. Keep your 328. This is the smartest (and easiest) decision. You don't even have to go to a dealer to achieve this! Invest all that extra energy and time into something that will make you money or blow it up. 3. See 1 and 2 - I just thought that three points should be made here.
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| sonson (840hp) | Quote: Originally posted by Chad20 I think I'd rather ride a bike. lol my sister bought one and not even a year later she now wants a BMW. Then what are you waiting for? Go and get the car from the auction!!
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| allstar7 (520hp) | Quote: Originally posted by ezmaass Chad... 1. There is no such thing as a free lunch. There is a reason why one product is priced significantly less than another. Note: It is not the seller's goodwill. The seller is not uneducated - he knows what the asking price is for the car in good condition. The lower price reflects the VALUE, where the value consists of the quality of the goods and also the risk of the buyer. 2. Keep your 328. This is the smartest (and easiest) decision. You don't even have to go to a dealer to achieve this! Invest all that extra energy and time into something that will make you money or blow it up. 3. See 1 and 2 - I just thought that three points should be made here. Okay, so you're thinking, I'm just happy with the 328i, then why are you in an f10, right? See you don't want a 328i just like I can't afford one and f10 so I'm buying an e60
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| 103103 (550hp) | Send me the VIN numbers and I'll run the Carfax for you...at least we'll see if there's anything you need to be concerned about that's been reported. I have a merchant account, so there are no fees
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| aaron23 (100hp) | Quote: Originally posted by Chad20 Ok, so you think I'm just happy with the 328i, then why are you in an f10, right? Look, you don't want a 328i, just like I don't. He paid cash for the car. No credit, no leasing. Just a guess, but I bet I'm right. As has apparently been said here several times, your time will come. But only if you play smart and carefully now. The ones that me, EZmaas and many others did when we were your age. Damn, be happy with your 328. I'm pretty sure I had a well-used Monte Carlo at this stage of my life.
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| thatcher (230hp) | Quote: Originally posted by Chad20 Ok, so you think I'm just happy with the 328i, then why are you in an f10, right? See you don't want a 328i just like I can't afford it and f10 so I'm buying an e60 Chad - that's not a fair comparison. Many of the people here, myself included, aren't 21 to begin with. I'm also pretty well established professionally - I'm an executive at a software company and can buy several new F10s in cash every year if I want. I don't say this to brag, but to make a point (that I've been trying to make clear to you for some time): you have to be patient. Beautiful things follow success, not the other way around. When I was your age (man, I feel old saying that expression), I would have been very happy with the 328. First, it's a NICE car for any 21 year old. In addition, it is a nice car time. I understand that it may not have all the bells and whistles of a 5 Series model - but as I said above, be patient... and success in life will be followed by beautiful material things. It's not a bad thing that you want a nicer car. The bad thing is that you have to work hard to buy one. The ability to pay for something (or make payments for it) does not necessarily mean that you can afford it, as you will later discover. The credit crisis and housing collapse of 2008 (and what we are still recovering from) are proof of this. What's the rush? Keep the 328 (make sure it's paid off if not) and drive it until it stops running. It will honestly last you as long as you want it to if cared for. If you get into an old E60 545i now, you'll face a few unpleasant realities: 1. You, too, will eventually get bored of this car - but you've wasted your money on it. 2. You will learn how EXPENSIVE it is to repair and maintain an old German V8 luxury car. Most older wealthy people would still balk at the idea of keeping an e60 545. Instead of taking your hard-earned money and using it for fun things like vacations, concerts, nights on the town, etc. when you turn 21, you'll put the money directly into thousands of dollars worth of surprise notes from your local BMW- Dealer. The positive thing is that they will love you. 3. You cheat yourself out of the chance to get ahead in life. As I have said in previous posts, NOW is the time to prepare for a better financial future and learn some best practices (investing, saving, retirement, etc.). You will (I promise) regret not doing this later. So again...what's the rush? Deciding to buy an old 545 instead of you has very few advantages and many disadvantages. I think a lot of people here have tried to talk you out of it and save you a lot of pain and heartache. You can do what many 21 year olds do and not listen to sage advice... and learn from your own experiences. OR you can learn from other people's experiences and stay ahead of the competition. The choice is yours, Chad! If you like reading (honestly, even if you don't), pick up a book called Rich Dad, Poor Dad. Read it carefully before making a decision.
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| dokken (725hp) | You must pass the state salvage inspection when you buy a car at an insurance auction and you will receive the title for reconstruction.
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| royztt. (98hp) | Quote: Originally posted by spyroz https://www.facebook.com/groups/1418189278452588/ I was looking for an F10 group on FB, I'll send in a request.
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| 1256 (801hp) | Quote: Originally posted by MotormanDan I was looking for an F10 group on Facebook, I'll submit a request. Cool, I'm glad to have you...
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| victor22 (348hp) | Quote: Originally posted by spyroz https://www.facebook.com/groups/1418189278452588/ I was looking for an F10 group on FB, I'll send in a request.
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| 240277 (191hp) | Quote: Originally posted by MotormanDan I was looking for an F10 group on Facebook, I'll submit a request. Cool, I'm glad to have you...
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| dreambig (493hp) | I was at a Mercedes dealer in Walnut Creek, California today to negotiate a 04 545i 73,000 mile Sport Package L7 Nav. Black/Black. They asked for 14,500, I offered 12,500, they stood strong and offered me 14,500!! 12.99 interest rate. Shouldn't these dealers negotiate? They said they had two appointments the next day where full price would be paid. I think 14,500 is too much. What do you all mean??
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| kieran1 (548hp) | Wait for the call.
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| 17051991 (714hp) | Quote: Originally written by Boulder Bill. Wait for the call. Lol yes, I'll do that now because there's no way I'm paying that much for an 11 year old BMW
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| tangerine1 (636hp) | Why do you want to buy such an old car at such a high price??
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| white2 (650hp) | You may get better help in the E60 forums
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| jimbo123 (598hp) | Get a child with better credit!!!!!
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| robert (500hp) | CHAD! Dude, you're becoming a lost cause, my friend. If you're even considering buying this car again, you need to slap yourself on the back of the head - 20 times in a row! Look – it says SUCKER on your forehead and the dealer knows it. You see a 21 year old boy who really wants to own an E60 come in and want to buy an 11 year old MONEY PIT. Why do they have to negotiate with you? $14,500 is too much?? Hell yeah. Let me rephrase: ANY AMOUNT you have to borrow to buy this car is TOO MUCH. Two more appointments tomorrow, ready to pay full price? GREAT. Sounds like nonsense, but even if it were true – good! Leave this thing to another idiot. As I've said before, the only person who should buy an 11-year-old 5 Series should be someone who (a) pays for it in cash and (b) has the luxury of time, patience, convenience and money on their side to take care of it about repairs. You are a complete lunatic (sorry to be blunt) if you are considering borrowing money to buy this car. 12.99%?? At this rate you can also buy the car with a CREDIT CARD. Most merchants currently offer Level 1 credit between 0% and 2.9%. But even if your credit was good, very few banks will want to loan you money for a used car that's more than seven years old. Why, you ask? Because they're smarter than you and would never dream of OWNING an 11-year-old BMW - and that's exactly what they'll have to consider if you ever default: inheriting ownership of that thing. “No thanks” is the answer from all but a few very specialist lenders, and you can expect the interest rate to be sky high as a result. Stick with your 328! It's 3 years newer, much more reliable, cheaper to repair and will keep you from getting a terrible loan. Listen to reason, Chad!
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| falcon4272 (233hp) | I see in the other thread you sold your 328i for $9,000. PRETTY. Now that you have $9,000 in the bank, I don't recommend buying another BMW. And if you have loans that you need to pay off from your 328i, pay those off first. How about a VW Golf? Personally, I really like the CC and would love to own one. Every time I see one I do a double take.
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| 26081984 (857hp) | Quote: Originally posted by ezmaass CHAD! Dude, you're becoming a lost cause, my friend. If you're even considering buying this car again, you need to slap yourself on the back of the head - 20 times in a row! Look – it says SUCKER on your forehead and the dealer knows it. You see a 21 year old boy who really wants to own an E60 come in and want to buy an 11 year old MONEY PIT. Why do they have to negotiate with you? $14,500 is too much?? Hell yeah. Let me rephrase: ANY AMOUNT you have to borrow to buy this car is TOO MUCH. Two more appointments tomorrow, ready to pay full price? GREAT. Sounds like nonsense, but even if it were true – good! Leave this thing to another idiot. As I've said before, the only person who should buy an 11-year-old 5 Series should be someone who (a) pays for it in cash and (b) has the luxury of time, patience, convenience and money on their side to take care of it about repairs. You are a complete lunatic (sorry to be blunt) if you are considering borrowing money to buy this car. 12.99%?? At this rate you can also buy the car with a CREDIT CARD. Most merchants currently offer Level 1 credit between 0% and 2.9%. But even if your credit was good, very few banks will want to loan you money for a used car that's more than seven years old. Why, you ask? Because they're smarter than you and would never dream of OWNING an 11-year-old BMW - and that's exactly what they'll have to consider if you ever default: inheriting ownership of that thing. “No thanks” is the answer from all but a few very specialist lenders, and you can expect the interest rate to be sky high as a result. Stick with your 328! It's 3 years newer, much more reliable, cheaper to repair and will keep you from getting a terrible loan. Listen to reason, Chad! Esmass is a bit of a stretch to call me a madman! I don't understand what the problem is. I make over 3k a month and I'm just getting started. In the first week I sold more cars than anyone else at my dealer. Money is not a problem (I don't want to brag). I really appreciate your advice. You may be one of the smartest and healthiest guys on the forum, but I'm 21 and it's time for me to have some fun after all my hard work. I sold the 328i. I'm glad I did that. The mileage was too high and maintenance cost me 4k per year. I think an E60 with 50,000 to 80,000 mileage shouldn't break my bank. I'm very reserved here. A $12,000 to $14,000 car isn't going to break anyone's bank, everyone my age buys cars for $30,000 and up. My payment will be less than $200 per month. I have extremely low bills and am currently saving to start my own business. Even if I spend 4k a year on my 328i, I still save A LOT! Save pin to open a thrift store and buy storage units at auction. I have a plan, trust me! I'm not just saving up to show off an E60. Trust me, no one is impressed by a 10 year old car! I buy it for the simple reason that I love the way it drives. To say I'm a lunatic is a bit extreme !
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| cocacola12 (450hp) | Quote: Originally posted by Chad20 Esmass the rationality of calling me a lunatic is a bit of a stretch! I don't understand what the problem is. I make over 3k a month and I'm just getting started. In the first week I sold more cars than anyone else at my dealer. Money is not a problem (I don't want to brag). I really appreciate your advice. You may be one of the smartest and healthiest guys on the forum, but I'm 21 and it's time for me to have some fun after all my hard work. I sold the 328i. I'm glad I did that. The mileage was too high and maintenance cost me 4k per year. I think an E60 with 50,000 to 80,000 mileage shouldn't break my bank. I'm very reserved here. A $12,000 to $14,000 car isn't going to break anyone's bank, everyone my age buys cars for $30,000 and up. My payment will be less than $200 per month. I have extremely low bills and am currently saving to start my own business. Even if I spend 4k a year on my 328i, I still save A LOT! Save pin to open a thrift store and buy storage units at auction. I have a plan, trust me! I'm not just saving up to show off an E60. Trust me, no one is impressed by a 10 year old car! I buy it for the simple reason that I love the way it drives. To say I'm a lunatic is a bit extreme! Do you work in a car dealership? Can't you get a car there at cost price? Or grab one from the auction?
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| money56 (720hp) | My dealer rarely gets 545is, and when they do, they usually have high mileage :/ I was offered an 04 545i with 128,000 miles on it for $8,000. They did the alternator bracket gasket, valve cover control arms and new battery. However, I refused. Resale would be impossible .
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| hosanna (818hp) | Do you want fun and a 545i? Sorry but if you're looking for fun for that kind of money get a nice condition E46 M3, that's fun, I just drove one of those for 6 years.
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| fernando. (856hp) | I have to agree with twelve535i, why are we discussing 11 year old E60s in an F10 forum? These posts about her are getting pretty tiring.
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| 181288 (167hp) | Hello Mr. 1. 12.99% interest is way too high (get a co-signer if you can) 2. Look at a nice low mileage E39 (much more balanced car and in my opinion you get everything a E60 has to offer, and a car with better drivers) If you want an E39 m5 or an E39 540i. Ps: If you love the E60 then go for one but don't take a loan with an interest rate of 12.99%.
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| rashaun966krager1993 (510hp) | Quote: Originally posted by Bimmer5 I have to agree with twelve535i as to why we are discussing 11 year old E60s in an F10 forum. These posts about her are getting pretty tiring. I'm sorry if I'm taking up your forum space. I'm posting on F10 because I know most people here have owned an E60 and have a longer history with them and BMWs in general .
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| lampard1 (672hp) | Quote: Originally posted by F10N55 Hello Mr. 1. 12.99% interest is way too high (get a co-signer if you can) 2. Look at a nice low mileage E39 (much more balanced car, and in my opinion get it all If you want an E39 M5 or an E39 540i Ps: If you love the E60 then go for one but don't take a loan with an interest rate of 12.99% The interest rate on my e90 with over 100,000 kilometers was 7.99, so I'm not sure where the dealer got 12.99, unless he wanted to squeeze 5% out of me. That's why I left .
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| wayne22 (951hp) | Quote: Originally posted by Noggie, want some fun and a 545i? Sorry but if you're looking for fun for that kind of money get a nice condition E46 M3, that's fun, I just drove one of those for 6 years. It's funny you say that because I've been looking at them lately !
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| 31031995 (291hp) | Quote: Originally written by Chad20. It's funny you say that because I've been looking at these lately! Don't waste time with this 11 year old E60. Check out the E46 M3 or the E39 M5. Personally, I prefer the E39 M5 over the E60
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| 21091983 (952hp) | Chad, I'm sorry, you're not a crazy person, but you're borderline crazy. Yes, you're young and you should have fun - but don't confuse that with careless decision making. Paying won't kill you, I agree. But maintenance can certainly be. If you have to take out a loan to buy this car, you won't be able to afford it. This is why most traditional banks won't lend you money for cars older than 7 years. Once you start getting into 11 year old cars, they typically fall into the "buy cash or don't buy at all" category with most banks... So you're looking at a 12.99% interest rate, at least in part. The interest rate reflects what the bank perceives as its risk. Put yourself in the bank's shoes: If this guy can't afford to buy this 11-year-old, $14,000 car without a loan, how is he going to pay the $8,000 repair bill, if the gearbox fails? What many people here have told you is that the E60 will be expensive to maintain. You're complaining about the $4,000 you spent on your E90 last year. Well, it happens - it's a 7 year old BMW. This naked 328i probably cost less than $35,000 to $37,000 new. Now you're talking about getting into an 11 year old E60 that was probably twice as expensive and 4 years older. Do you think the maintenance bills will be less than your 90E?? It's about the total cost of ownership - not the purchase price. If something really bad happened, would you have $5,000 left over to pay for it? And what if that came with another big problem? Yes, there are people your age who buy cars for $30,000, so $14,000 doesn't seem bad. Otherwise I would agree, except I would rather tell you to spend $30,000 on a new car with a warranty than $14,000 on an 11 year old car with potentially very high, unforeseen repair costs. Let's say your loan on this car was, as you said, $200/month... and then there was a $5,000 worth of repairs (or a few that add up in a year)... you have now spent $7,400 per year This car is only worth $14,000 (if that). That's over $600/month! You can certainly finance a new $30,000 car for less than $600 a month, and you can lease a $30,000 car for probably $300 a month. In both cases you are financially ahead. You have a new car with a warranty that you paid less for this year...plus you know exactly what your running costs will be...and you won't be surprised.
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| LaLakers91tc (245hp) | Quote: Originally posted by Chad20 Quote: Originally posted by ezmaass CHAD! Dude, you're becoming a lost cause, my friend. If you're even considering buying this car again, you need to slap yourself on the back of the head - 20 times in a row! Look – it says SUCKER on your forehead and the dealer knows it. You see a 21 year old boy who really wants to own an E60 come in and want to buy an 11 year old MONEY PIT. Why do they have to negotiate with you? $14,500 is too much?? Hell yeah. Let me rephrase: ANY AMOUNT you have to borrow to buy this car is TOO MUCH. Two more appointments tomorrow, ready to pay full price? GREAT. Sounds like nonsense, but even if it were true – good! Leave this thing to another idiot. As I've said before, the only person who should buy an 11-year-old 5 Series should be someone who (a) pays for it in cash and (b) has the luxury of time, patience, convenience and money on their side to take care of it about repairs. You are a complete lunatic (sorry to be blunt) if you are considering borrowing money to buy this car. 12.99%?? At this rate you can also buy the car with a CREDIT CARD. Most merchants currently offer Level 1 credit between 0% and 2.9%. But even if your credit was good, very few banks will want to loan you money for a used car that's more than seven years old. Why, you ask? Because they're smarter than you and would never dream of OWNING an 11-year-old BMW - and that's exactly what they'll have to consider if you ever default: inheriting ownership of that thing. “No thanks” is the answer from all but a few very specialist lenders, and you can expect the interest rate to be sky high as a result. Stick with your 328! It's 3 years newer, much more reliable, cheaper to repair and will keep you from getting a terrible loan. Listen to reason, Chad! Esmass is a bit of a stretch to call me a madman! I don't understand what the problem is. I make over 3k a month and I'm just getting started. In the first week I sold more cars than anyone else at my dealer. Money is not a problem (I don't want to brag). I really appreciate your advice. You may be one of the smartest and healthiest guys on the forum, but I'm 21 and it's time for me to have some fun after all my hard work. I sold the 328i. I'm glad I did that. The mileage was too high and maintenance cost me 4k per year. I think an E60 with 50,000 to 80,000 mileage shouldn't break my bank. I'm very reserved here. A $12,000 to $14,000 car isn't going to break anyone's bank, everyone my age buys cars for $30,000 and up. My payment will be less than $200 per month. I have extremely low bills and am currently saving to start my own business. Even if I spend 4k a year on my 328i, I still save A LOT! Save pin to open a thrift store and buy storage units at auction. I have a plan, trust me! I'm not just saving up to show off an E60. Trust me, no one is impressed by a 10 year old car! I buy it for the simple reason that I love the way it drives. To say I'm a lunatic is a bit extreme! Get an M5 Kidd, lease it. I am 25 years old and on my 3rd BMW. Guys, he's young and wants another Bimmer, let him be, we've all been through that phase. But
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| joker99 (18hp) | I was at a Mercedes dealer in Walnut Creek, California today to negotiate a 04 545i 73,000 mile Sport Package L7 Nav. Black/Black. They asked for 14,500, I offered 12,500, they stood strong and offered me 14,500!! 12.99 interest rate. Shouldn't these dealers negotiate? They said they had two appointments the next day where full price would be paid. I think 14,500 is too much. What do you all mean??
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| nisha (147hp) | Wait for the call.
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| kingcobra (410hp) | Quote: Originally written by Boulder Bill. Wait for the call. Lol yes, I'll do that now because there's no way I'm paying that much for an 11 year old BMW
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| popcorn! (786hp) | Why do you want to buy such an old car at such a high price??
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| transcend (938hp) | You may get better help in the E60 forums
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| bamboozle (570hp) | Get a child with better credit!!!!!
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| dude21 (931hp) | CHAD! Dude, you're becoming a lost cause, my friend. If you're even considering buying this car again, you need to slap yourself on the back of the head - 20 times in a row! Look – it says SUCKER on your forehead and the dealer knows it. You see a 21 year old boy who really wants to own an E60 come in and want to buy an 11 year old MONEY PIT. Why do they have to negotiate with you? $14,500 is too much?? Hell yeah. Let me rephrase: ANY AMOUNT you have to borrow to buy this car is TOO MUCH. Two more appointments tomorrow, ready to pay full price? GREAT. Sounds like nonsense, but even if it were true – good! Leave this thing to another idiot. As I've said before, the only person who should buy an 11-year-old 5 Series should be someone who (a) pays for it in cash and (b) has the luxury of time, patience, convenience and money on their side to take care of it about repairs. You are a complete lunatic (sorry to be blunt) if you are considering borrowing money to buy this car. 12.99%?? At this rate you can also buy the car with a CREDIT CARD. Most merchants currently offer Level 1 credit between 0% and 2.9%. But even if your credit was good, very few banks will want to loan you money for a used car that's more than seven years old. Why, you ask? Because they're smarter than you and would never dream of OWNING an 11-year-old BMW - and that's exactly what they'll have to consider if you ever default: inheriting ownership of that thing. “No thanks” is the answer from all but a few very specialist lenders, and you can expect the interest rate to be sky high as a result. Stick with your 328! It's 3 years newer, much more reliable, cheaper to repair and will keep you from getting a terrible loan. Listen to reason, Chad!
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| antsiferova1973 (206hp) | I see in the other thread you sold your 328i for $9,000. PRETTY. Now that you have $9,000 in the bank, I don't recommend buying another BMW. And if you have loans that you need to pay off from your 328i, pay those off first. How about a VW Golf? Personally, I really like the CC and would love to own one. Every time I see one I do a double take.
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| santos1 (585hp) | Quote: Originally posted by ezmaass CHAD! Dude, you're becoming a lost cause, my friend. If you're even considering buying this car again, you need to slap yourself on the back of the head - 20 times in a row! Look – it says SUCKER on your forehead and the dealer knows it. You see a 21 year old boy who really wants to own an E60 come in and want to buy an 11 year old MONEY PIT. Why do they have to negotiate with you? $14,500 is too much?? Hell yeah. Let me rephrase: ANY AMOUNT you have to borrow to buy this car is TOO MUCH. Two more appointments tomorrow, ready to pay full price? GREAT. Sounds like nonsense, but even if it were true – good! Leave this thing to another idiot. As I've said before, the only person who should buy an 11-year-old 5 Series should be someone who (a) pays for it in cash and (b) has the luxury of time, patience, convenience and money on their side to take care of it about repairs. You are a complete lunatic (sorry to be blunt) if you are considering borrowing money to buy this car. 12.99%?? At this rate you can also buy the car with a CREDIT CARD. Most merchants currently offer Level 1 credit between 0% and 2.9%. But even if your credit was good, very few banks will want to loan you money for a used car that's more than seven years old. Why, you ask? Because they're smarter than you and would never dream of OWNING an 11-year-old BMW - and that's exactly what they'll have to consider if you ever default: inheriting ownership of that thing. “No thanks” is the answer from all but a few very specialist lenders, and you can expect the interest rate to be sky high as a result. Stick with your 328! It's 3 years newer, much more reliable, cheaper to repair and will keep you from getting a terrible loan. Listen to reason, Chad! Esmass is a bit of a stretch to call me a madman! I don't understand what the problem is. I make over 3k a month and I'm just getting started. In the first week I sold more cars than anyone else at my dealer. Money is not a problem (I don't want to brag). I really appreciate your advice. You may be one of the smartest and healthiest guys on the forum, but I'm 21 and it's time for me to have some fun after all my hard work. I sold the 328i. I'm glad I did that. The mileage was too high and maintenance cost me 4k per year. I think an E60 with 50,000 to 80,000 mileage shouldn't break my bank. I'm very reserved here. A $12,000 to $14,000 car isn't going to break anyone's bank, everyone my age buys cars for $30,000 and up. My payment will be less than $200 per month. I have extremely low bills and am currently saving to start my own business. Even if I spend 4k a year on my 328i, I still save A LOT! Save pin to open a thrift store and buy storage units at auction. I have a plan, trust me! I'm not just saving up to show off an E60. Trust me, no one is impressed by a 10 year old car! I buy it for the simple reason that I love the way it drives. To say I'm a lunatic is a bit extreme !
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| 25282528 (764hp) | Quote: Originally posted by Chad20 Esmass the rationality of calling me a lunatic is a bit of a stretch! I don't understand what the problem is. I make over 3k a month and I'm just getting started. In the first week I sold more cars than anyone else at my dealer. Money is not a problem (I don't want to brag). I really appreciate your advice. You may be one of the smartest and healthiest guys on the forum, but I'm 21 and it's time for me to have some fun after all my hard work. I sold the 328i. I'm glad I did that. The mileage was too high and maintenance cost me 4k per year. I think an E60 with 50,000 to 80,000 mileage shouldn't break my bank. I'm very reserved here. A $12,000 to $14,000 car isn't going to break anyone's bank, everyone my age buys cars for $30,000 and up. My payment will be less than $200 per month. I have extremely low bills and am currently saving to start my own business. Even if I spend 4k a year on my 328i, I still save A LOT! Save pin to open a thrift store and buy storage units at auction. I have a plan, trust me! I'm not just saving up to show off an E60. Trust me, no one is impressed by a 10 year old car! I buy it for the simple reason that I love the way it drives. To say I'm a lunatic is a bit extreme! Do you work in a car dealership? Can't you get a car there at cost price? Or grab one from the auction?
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| princess (219hp) | My dealer rarely gets 545is, and when they do, they usually have high mileage :/ I was offered an 04 545i with 128,000 miles on it for $8,000. They did the alternator bracket gasket, valve cover control arms and new battery. However, I refused. Resale would be impossible .
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| alpina (220hp) | Do you want fun and a 545i? Sorry but if you're looking for fun for that kind of money get a nice condition E46 M3, that's fun, I just drove one of those for 6 years.
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| marlowe (268hp) | I have to agree with twelve535i, why are we discussing 11 year old E60s in an F10 forum? These posts about her are getting pretty tiring.
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| trees1 (360hp) | Hello Mr. 1. 12.99% interest is way too high (get a co-signer if you can) 2. Look at a nice low mileage E39 (much more balanced car and in my opinion you get everything a E60 has to offer, and a car with better drivers) If you want an E39 m5 or an E39 540i. Ps: If you love the E60 then go for one but don't take a loan with an interest rate of 12.99%.
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| twilight09 (50hp) | Quote: Originally posted by Bimmer5 I have to agree with twelve535i as to why we are discussing 11 year old E60s in an F10 forum. These posts about her are getting pretty tiring. I'm sorry if I'm taking up your forum space. I'm posting on F10 because I know most people here have owned an E60 and have a longer history with them and BMWs in general .
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| waddle (925hp) | Quote: Originally posted by F10N55 Hello Mr. 1. 12.99% interest is way too high (get a co-signer if you can) 2. Look at a nice low mileage E39 (much more balanced car, and in my opinion get everything e60 has to offer and a car with better drivers) If you want a grunt E39 m5 or an E39 540i. Ps. If you love the E60 then go for one but don't get a loan with an interest rate of 12.99%. The interest rate on my e90 with over 100,000 miles was 7.99, so I'm not sure where the dealer got 12.99 unless they wanted to squeeze 5% out of me. That's why I left .
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| 12111979 (65hp) | Quote: Originally posted by Noggie, want some fun and a 545i? Sorry but if you're looking for fun for that kind of money get a nice condition E46 M3, that's fun, I just drove one of those for 6 years. It's funny you say that because I've been looking at them lately !
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| diller (373hp) | Quote: Originally written by Chad20. It's funny you say that because I've been looking at these lately! Don't waste time with this 11 year old E60. Check out the E46 M3 or the E39 M5. Personally, I prefer the E39 M5 over the E60
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| 050995 (288hp) | Chad, I'm sorry, you're not a crazy person, but you're borderline crazy. Yes, you're young and you should have fun - but don't confuse that with careless decision making. Paying won't kill you, I agree. But maintenance can certainly be. If you have to take out a loan to buy this car, you won't be able to afford it. This is why most traditional banks won't lend you money for cars older than 7 years. Once you start getting into 11 year old cars, they typically fall into the "buy cash or don't buy at all" category with most banks... So you're looking at a 12.99% interest rate, at least in part. The interest rate reflects what the bank perceives as its risk. Put yourself in the bank's shoes: If this guy can't afford to buy this 11-year-old, $14,000 car without a loan, how is he going to pay the $8,000 repair bill, if the gearbox fails? What many people here have told you is that the E60 will be expensive to maintain. You're complaining about the $4,000 you spent on your E90 last year. Well, it happens - it's a 7 year old BMW. This naked 328i probably cost less than $35,000 to $37,000 new. Now you're talking about getting into an 11 year old E60 that was probably twice as expensive and 4 years older. Do you think the maintenance bills will be less than your 90E?? It's about the total cost of ownership - not the purchase price. If something really bad happened, would you have $5,000 left over to pay for it? And what if that came with another big problem? Yes, there are people your age who buy cars for $30,000, so $14,000 doesn't seem bad. Otherwise I would agree, except I would rather tell you to spend $30,000 on a new car with a warranty than $14,000 on an 11 year old car with potentially very high, unforeseen repair costs. Let's say your loan on this car was, as you said, $200/month... and then there was a $5,000 worth of repairs (or a few that add up in a year)... you have now spent $7,400 per year This car is only worth $14,000 (if that). That's over $600/month! You can certainly finance a new $30,000 car for less than $600 a month, and you can lease a $30,000 car for probably $300 a month. In both cases you are financially ahead. You have a new car with a warranty that you paid less for this year...plus you know exactly what your running costs will be...and you won't be surprised.
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| M-Performance (172hp) | Quote: Originally posted by Chad20 Quote: Originally posted by ezmaass CHAD! Dude, you're becoming a lost cause, my friend. If you're even considering buying this car again, you need to slap yourself on the back of the head - 20 times in a row! Look – it says SUCKER on your forehead and the dealer knows it. You see a 21 year old boy who really wants to own an E60 come in and want to buy an 11 year old MONEY PIT. Why do they have to negotiate with you? $14,500 is too much?? Hell yeah. Let me rephrase: ANY AMOUNT you have to borrow to buy this car is TOO MUCH. Two more appointments tomorrow, ready to pay full price? GREAT. Sounds like nonsense, but even if it were true – good! Leave this thing to another idiot. As I've said before, the only person who should buy an 11-year-old 5 Series should be someone who (a) pays for it in cash and (b) has the luxury of time, patience, convenience and money on their side to take care of it about repairs. You are a complete lunatic (sorry to be blunt) if you are considering borrowing money to buy this car. 12.99%?? At this rate you can also buy the car with a CREDIT CARD. Most merchants currently offer Level 1 credit between 0% and 2.9%. But even if your credit was good, very few banks will want to loan you money for a used car that's more than seven years old. Why, you ask? Because they're smarter than you and would never dream of OWNING an 11-year-old BMW - and that's exactly what they'll have to consider if you ever default: inheriting ownership of that thing. “No thanks” is the answer from all but a few very specialist lenders, and you can expect the interest rate to be sky high as a result. Stick with your 328! It's 3 years newer, much more reliable, cheaper to repair and will keep you from getting a terrible loan. Listen to reason, Chad! Esmass is a bit of a stretch to call me a madman! I don't understand what the problem is. I make over 3k a month and I'm just getting started. In the first week I sold more cars than anyone else at my dealer. Money is not a problem (I don't want to brag). I really appreciate your advice. You may be one of the smartest and healthiest guys on the forum, but I'm 21 and it's time for me to have some fun after all my hard work. I sold the 328i. I'm glad I did that. The mileage was too high and maintenance cost me 4k per year. I think an E60 with 50,000 to 80,000 mileage shouldn't break my bank. I'm very reserved here. A $12,000 to $14,000 car isn't going to break anyone's bank, everyone my age buys cars for $30,000 and up. My payment will be less than $200 per month. I have extremely low bills and am currently saving to start my own business. Even if I spend 4k a year on my 328i, I still save A LOT! Save pin to open a thrift store and buy storage units at auction. I have a plan, trust me! I'm not just saving up to show off an E60. Trust me, no one is impressed by a 10 year old car! I buy it for the simple reason that I love the way it drives. To say I'm a lunatic is a bit extreme! Get an M5 Kidd, lease it. I am 25 years old and on my 3rd BMW. Guys, he's young and wants another Bimmer, let him be, we've all been through that phase. But
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| zack12 (878hp) | I switched from an E46 to an F10 because I have two kids now and my daughter (1.5) didn't even have enough room for her legs...especially because my wife left the seat reclined every time she rode the shotgun. I love it!
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| australien (62hp) | Hello guys, today I took a test drive with the A6, S5, 535i M, 435i, 235iM. S5 and 235i M are so much fun to drive... they're all nice cars, but I'll pretty much be picking up the 535i next Monday. The 535i M looks damn good, it looks big but it doesn't drive like a tank
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| psycho69 (19hp) | Find out the 2013 535i windshield had to be replaced due to the crack at auction. Now I'm a bit worried about whether I should get it. Any advice?
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| robertb (563hp) | I'm 30, married but no children. I bought the 535i M Sport because it looked damn sexy compared to almost all sedans on the market. The interior is also quite spacious, I previously had a 2010 328i convertible so the extra space is great. The soft suspension doesn't bother me that much because I do more cruising than any kind of spirited driving. Switching to Sport+ mode makes a nice difference if you want to drive a little more aggressively. I love the car!
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| 3353212li (871hp) | Without my family I wouldn't have my 5 Series. If you're single, definitely get a coupe, you won't regret it.
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| sandbox (777hp) | At least for the next 4 years I won't have children... But next year I will get married. I'm currently considering a brand new A5, a used 2013 S4 CPO or a used S5
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| Socale92 (372hp) | more space! bigger, better... take the 550i
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| weareone (134hp) | There are so many cars I can choose for between 50,000 and 60,000 euros. It's hard for me man... The 550i is way out of my budget and I can't afford a brand new one
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| pachuca1 (591hp) | I switched from an E46 to an F10 because I have two kids now and my daughter (1.5) didn't even have enough room for her legs...especially because my wife left the seat reclined every time she rode the shotgun. I love it!
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| 241095 (160hp) | Hello guys, today I took a test drive with the A6, S5, 535i M, 435i, 235iM. S5 and 235i M are so much fun to drive... they're all nice cars, but I'll pretty much be picking up the 535i next Monday. The 535i M looks damn good, it looks big but doesn't drive like a tank
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| rosinha (166hp) | Find out the 2013 535i windshield had to be replaced due to the crack at auction. Now I'm a bit worried about whether I should get it. Any advice?
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| 200485 (912hp) | I'm 30, married but no children. I bought the 535i M Sport because it looked damn sexy compared to almost all sedans on the market. The interior is also quite spacious, I previously had a 2010 328i convertible so the extra space is great. The soft suspension doesn't bother me that much because I do more cruising than any kind of spirited driving. Switching to Sport+ mode makes a nice difference if you want to drive a little more aggressively. I love the car!
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| loveya12 (917hp) | Without my family I wouldn't have my 5 Series. If you're single, definitely get a coupe, you won't regret it.
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| acovitz (789hp) | At least for the next 4 years I won't have children... But next year I will get married. I'm currently considering a brand new A5, a used 2013 S4 CPO or a used S5
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