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Buying a used 5 Series

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  • I've been looking for a 2007 525i and came across a 2008 535i that looks great, it is fully loaded but it has 62K miles on it. The deal is very good, I got the dealer to come down to almost 2K less than what the BMW dealer wants for the 2007, I can get it for 30K OTD
    Do you guys think it is no big deal, the high mileage? I know these engines run for a very long time, but what would you look for in order to make sure it is ok?

    Thanks,

    Alfonso
  • It sure seems like a great deal. Be sure to set aside some emergency funds for the remote chance the turbos need replacement. The history of this engine (with turbos) is unproven to say the least. And do find out if the high pressure fuel pump replacement warranty extended by BMW covers a new owner as well. It should but it is worth confirming from BMW. These are the only two suspect areas I can think of. I am sure others with more experience here will also chime in.
  • sounds like a pretty good deal. i have a 2008 535xi with 46000 (original mfg warranty) and about to trade it in for 2010 model. dealer is offering $34k for trade-in. so i think you're getting fair offer. i guess it also depends on how loaded the vehicle is. what options are on the vehicle?
  • This one has premium package, sport package, steptronic transmission, navigation, active steering (boo), rear sunshades, fold-down rear seats. They're asking $41,993 but have come down to $40,597 so far. Hoping to get them down to $38,500.

    Thoughts? Only thing that seems weird is that it might have been a loaner for its first 12.5K miles, but it seems a bit too well-equipped for that.
  • I'm struggling with a replacement for my trusty 2001 S60. Looked at the 06 325xi, but I just don't want the RFT problem. So I found a nice looking 2004 530i, with only 25k miles, for $22,900. Car looks great, and seems to have i-drive, which worries me a bit. They also have a 2004 325xi with 54k miles, for $15,900. I like the room in the 530, but the RWD in winter concerns me here in MA, as I have a steep driveway.

    How much lower in price do you think they'll go?
  • gardisgardis Posts: 185
    A dealer in Bridgeport Ct had a 2008 535i last December with 27K miles on the clock. They started off at $41,900, and then came down to $38,900. The vehicle sat there a good three months.I'm sure they had to let it go for less. Vehicle was impeccable. I was skeptical of the turbos, so I passed on it. It had premium, sports and cold. Hope that helps.
  • A car dealer (non-bmw) has a 2000 528i sport with 82K miles for $13K. A true sport package with heated seats, 10-way driver's seat, BBS rims and etc. Also, two-owner vehicle. Is that a good price?
  • qbrozenqbrozen Posts: 17,599
    Terrible price. At least here in the Northeast. That's about double its trade-in value. If it were me buying it, $8500 would be fair, and $9k would be the moon for a nice one.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • Thanks for the info. Also, found out that it needs a new battery and the headlight clear shields need to be cleaned up. Will talk about getting these items taken care of while discussing price. Also, this type of vehicle is rare in this neck of the woods...also checked with Autotrader.com and this roughly the going rate for this type of vehicle. Will keep you posted... :D
  • qbrozenqbrozen Posts: 17,599
    also checked with Autotrader.com and this roughly the going rate for this type of vehicle.

    Asking prices do not dictate "the going rate," however. Asking prices are just that, and what is actually acceptable as a sale price is something tougher to judge by scanning ads.

    By the by, just for comparison, I checked autotrader within 100 miles of my central NJ location. The most expensive 2000 528i is $11,995, and that one only has 71k miles. There are quite a few in the $8k-$9k range. Maybe you should check surrounding areas and be willing to drive a couple hundred miles.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • Hello bmw forum,
    I have the opportunity to buy a 1988 bmw 5 series with some sensor problems and a salvage title. The car was driven by a senior person and was well cared for, but the salvage title bothers me. Is anyone has an idea of the value of this car and the cost to fix the check engine sensor? Please respond as I have to close the deal today ASAP! Thank you.
  • Kirstie_HKirstie_H Posts: 10,914
    Hi - we can't guarantee instant answers, but I suspect most people are going to advise you against buying an older, salvage title vehicle, unless it's super-cheap and comes with a stash of gold in the glovebox to help pay for the ongoing maintenance. For value, you might check our Real World Trade-In Values discussion - if you provide details about the vehicle, someone might be able to help you. Why the rush to buy it today?

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  • qbrozenqbrozen Posts: 17,599
    If it is a V8, I wouldn't buy it at all.
    If it is a 525, I might consider it depending on its current condition and miles.
    check engine light could be any number of things. If the O2 sensor is more than 2 years old, I would bet that is the culprit.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • roadburnerroadburner Posts: 6,763
    If it's a US spec 5er it would be an E28, which only came with the 2.8L M20 small six(528e) or the 3.5L M30 big six(535i). I'd want to know what fault triggered the CEL.

    2009 328i / 2004 X3 2.5/ 1995 318ti Club Sport/ 1975 2002A/ 2007 Mazdaspeed 3/ 1999 Wrangler/ 1996 Speed Triple Challenge Cup Replica

  • qbrozenqbrozen Posts: 17,599
    Ah, you are right.
    In that case, I'd be interested in either, although the 2.7 (not 2.8) would be of much less interest in stock form.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • Hi All,
    I am about to pull the trigger on a 07 550 CPO with 8K miles. Wanted to ask if it is worth buying the Wheelguard tire and rim warranty. The dealer is quoting $1500 for the tire and rim and $2400 for extended maintenance program. I think I will pass on the maintenance but am seriously considering the tire warranty.

    Please advise
  • kyfdxkyfdx Posts: 30,476
    How long is left on the original maintenance plan, and how many miles/yr do you plan on driving?

    I'd be more likely to buy the maintenance plan, if I was getting full use of it... Doubt I'd pay for the tire/rim warranty, though...

    Probably wouldn't get either one... :)

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • The tire and rim plan is for 5 years. The maintenance plan extends to 100k or 6 years from in service date so I will get up to 11/12. Do you feel I will get full use as the vehicle has only 8.5k mile on it? Thanks for your advise...
  • kyfdxkyfdx Posts: 30,476
    You'll have maintenance included for the rest of the original plan, which is one more year... So, the extended maintenance will only kick in for the two years after that...

    If you are your typical 12K-15K per year driver, then you won't even make it to the 60K mile inspection II..., by the end of the extended maintenance plan..

    Given that, I vote for doing neither... Maintenance (and warranty) is free for the next year... Stick that $3900 in the bank and use it for a maintenance/repair/tire fund...

    This car isn't CPO, is it? With the extended warranty?

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Yes it is CPO with the two year 60K miles extended warranty. Got the car today without any warranty. Thank you for your help!!
  • rezrez Posts: 41
    Hello, in the market for a used/ CPO '08 535i with possibly Sports, Premium and Navigation and mileage around 25K. Upgrading from a '00 Passat. A few questions. #1 I have noticed quite a few of these vehicles being manufacturer buy backs. Typically the ignition coil or the high pressure fuel pump were replaced and the vehicles are sold with the 4 yr/ 50K warranty with additional warranty on the replaced part. Are those good to buy? If so, at what price range??
    #2 If a vehicle has the Sports Package, the wheel size is 18" and the rear tire size is different from the front ones, which IMO, deprives one from taking advantage on getting a deal on buying a set of 4 tires. Please, advise if I should avoid the Sports Pkg, and opt for the 17" wheels.
    #3 Extended warranties and tire/ wheel warranties...are they mandatory as far as value goes, or are they good to have? Whats a good price for them?

    Generally, is there anything in particular I should be looking for in the vehicle? Thank you in advance.
  • Hi all, I am about to buy a 2008 528i with 25k miles, certified, no additional option. The dealer is asking for 32k + tax. Is it a fair price? Any advice is welcome. Thanks.
  • Hi, bought a similar 2008 528i with 23K yesterday. paid $29,3k. Because the 08s don't have the 2 payment and 0.9% that bmw offers on 07 CPOs, I found the 08s priced about the same or a bit lower than 07. Good luck with your purchase.
  • plasmoplasmo Posts: 16
    Hello all,
    I am looking at a 2007 BMW 525xi AWD, and had a few questions -

    1) This is my first time considering a used vehicle, and was wondering if the 2007 Nav system / iDrive is much different from the current 2010 version.

    2) This vehicle doesn't seem be be "Certified Pre-Owned". Does this make a big difference? It looks like their warranty lasts until 8/30/2010 or 50k. Can this be extended?

    2) Package includes Cold weather, Premium package, Premium Sound, TPM, steptronic automatic transmission, xenon headlights, navigatioin, moonoof, power front seats, BMW assist/BT. (one owner car, locally owned and serviced there)
    Dealer has interent price posted for $29,899. Is this fair price, or what could people think it could be negotiated to?
    :) THANKS! :)
  • plasmoplasmo Posts: 16
    Sorry, forgot to add that the Mileage on the car mentioned is 37,862.
  • nepalnepal Posts: 5
    Hey BMW people.

    Just bought a used 1994 BMW 5 series. I love it. The speedometer says clearly ONLY USE UNLEADED GAS. My friends and neighbors tell me I should us PREMIUM. Can you help me out a little bit.

    Thanks
  • shiposhipo Posts: 9,152
    Yes, but the Owner's Manual clearly says use Unleaded Premium fuel. ;)
  • nepalnepal Posts: 5
    Thanks Shipo. But it says UNLEADED not UNLEADED PREMIUM. So you are saying just use UNLEADED/REGULAR gas?
  • nepalnepal Posts: 5
    Hey Shipo

    Can you answer some questions about Honda Accords too?
  • shiposhipo Posts: 9,152
    Your BMW engine is a high compression/high performance engine that is designed to use Premium fuel. Please don't confuse the requirement of using leaded versus unleaded gasoline with a directive for running Regular versus Premium grade.

    Best regards,
    Shipo
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