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Really interested to hear what BMWNA has to say.
Thanks for the in depth description of the 01 540. I am searching for a 540 6 speed with sport and xenon/heated seats if psooible. THe range of cars and prices I have come up with a range of 27000 for a 2000 with about 45K miles to a 2001 at $36500 6 speed well equiped. I believe that you have the engine in your 98? How have you found it to be enjoyable? It's either a 540 6 speed or a new G35 coupe/6 speed. Hows that for opposite ends of the spectrum.
So far BMWNA has asked for the dealer to completely inspect my car. This will be done on Friday (of this week). Stay tuned for further details.
Regards,
Chris M
Regards,
Chris
That being said, I am surprised BMW still offers the 5-series with the 2.5l engine in the US. Sure, it's buttery smooth and revs freely, and the car handles as well or better than anything else in the class, but in my opinion the 3.0 provides the minimum thrust required for the 5, a model whose manufacturer proclaims is the "ultimate driving machine." Spending nearly $50k on a sports sedan with less than 200hp is, frankly, a bit mind-boggling.
You should take a 540i6 out for a test drive. Forget which year it was, but there was a slight horsepower increase over the life of the E39 540i.
Are you going to buy or lease? If buy, are you going to borrow? Make sure to check out interest rates. BMW dealers in my area are advertising 2.9% financing on '00s and 3.9% on '01s. Infiniti dealers have few G35 coupe manuals on their lots. Asking MSRP and there don't appear to be any finance deals thru Infiniti FS.
Have you thought about the G35 sedan with 6-speed manual? Infiniti dealer advertising 2.9% on G35 sedans. (My nearest Infiniti dealers rarely order manual transmission sedans.)
I'd listen to your dealership guy.
any and all help / opinions welcome.
I had to decide between the two myself in May. I looked long and hard at used 2000 528is. They can be had for $32K and under with low mileage fairly easily. When I was looking, I was a BMW novice and didn't know any of the differences between the '00 and '01. I just happened to stumble on a CPO (certified pre-owned) 530i with just over 9K mi. 2001 is the first year BMW made the 530i in the current E39 body style. The big difference between the 528 and the 530 is the engine which has noticeably more power and torque. If you are looking for an automatic, I believe that the Steptronic shifter was standard that year which allows the driver to manually move between gears (not the same as manual tranny though). The other key difference is the black trim around the car is gone and replaced with the same body paint color as the rest of the car (I think that was a big improvement). I also happen to really like the wheels that come with the sport package on the 530i. I am a huge fan of the sport package, it allows you to take full advantage of BMW's fantastic chassis and suspension (read really fun to drive, corners like on rails, etc.). Bottom line is it comes down to what you want to spend. If you can stretch to $36K+, I would highly recommend a CPO 2001 or 2002 530i with sport package (15-30K mi. or so). CPO extends the warrantee to 100K mi. or 6 years from in-service date. I spent $38K on mine which was well over the $30K I was budgeting for myself. I have also seen some unbelievable deals on new '03 530is on this message board with the incentives that are out there (slim pickin's on colors and sport package though). I plan on keeping my car at least 5 years and have never regretted spending the extra money. Best car I have ever owned by a wide margin.
-John
Given the choice between a new 540i and 528i, I would have spent the extra $8k+ to get the 540i. Not so with the 530i. It hits the sweet spot in my power/value trade-off. (Unfortunately, my older Maxima has been exceedingly reliable, so I bought a supplementary S2000 instead. A 5-series is definitely in my future.)
Here in the DC area, used 5-series prices seem to be lower than what is often posted on this board. A friend decided to wait to get a 2004, but brought home a 2002 530i PP SP, etc. from a local dealer on an extended test drive. Price (negotiated) was $33,000. CPO w/ 23k miles. A brand new loaded 2003 could have been purchased at $2,500 under invoice (about $40k).
Good luck.
ksso
After the pics, I was very very unsure where BMW was going. But the other day when I arrived in Madrid, I saw a new 5series pass me at the airport and I was interested in seeing for myself.
1st impressions: I'm in the minority who thinks the new 7 is industrial beautiful (minus the little "err" in the back), so except for some funny things in the 5 like the eyes extending out, I think the new car looks much nicer in person than anything the pictures could show. It's also ummm heftier. Its like the difference between the old and new 7. It decidedly feels roomier inside. The interior is more 7ish than the current one, which was kinda getting similar between the old 5 and the current 3. The ride is "yummy", I always always loved the drive of the last generation of 5, this one is a few notches better. Madrid is a small city and you can quickly get out into the empty countryside and seeing that I was not going to buy being an outsider, the salesperson actually let me drive out into the country for a 10 km spin, just turned down his seat back and rested himself. The car also had that new fancy adaptive stearing or whatever it is called and wow, its a little unnerving at first, because it's decidedly different in feel at different speeds than what we are used to... but its fun. Overall the car seemed excellent to me, minus a few physical err's. The car also had the head up display and adaptive bi xenons... have seen the adaptive xenons on wife's 2004 3 already.
Even if you dont like the car like I did, you should still rent one in madrid and drive up to Chinchon...
ksso
habitat1, I bought my Maxima from VOB too without any pains during buying negotiation. On a deifferent subject, I located and replaced the blower resistor based on your information that I had posted for help. Thanks again.
Regarding the 2000 540 I drove with out the M5 wheel, I have talked to 5 dealers and not a one of them agree or know or care to find the answer for me. The car was at a used car dealership and the price wan't that great where I am considering it. In the end, I am guessing that the M5 wheel just was not included in a early 2000 540 with sport package.
When I set out to test drive cars, the goal was to find one that I liked better than my A4. Hard goal to acomplish. The G35 sedan with auto- wouldn't trade my Audi for that. The G35 sedan with manual- better, but I still wouldn't trade the Audi 3.0/6 speed for it. The coupe with 6 speed- now that was pure fun to drive and the only people I would put in back are the kids so I don't care about the low sloping rear window. LOTs of power and handled like nothing else I have ever driven.
I found the 540 very interesting because it was powerful, fun to drive and had more room (width and leg extension) than my Audi.
So, that's how I arrived at these two cars. I can justify either. A 540 with stick/sport and prem is very civilized with lots of power and it one of the best looking cars on the road. The G35 coupe is a adrenalin rush/sport coupe that sats mid life crisis all over it.
p.s. I sold my Audi so now I am in much better shape without a trade hanging over me.
If you can afford a BMW, then you can afford to pay Carfax $20 for a complete report. Don't steal from them. That is how they make money to stay in business. That is how they can help pay Edmunds for their advertising. If you buy it, believe you can run unlimited checks for 60 days. That is what I did back in '01. (Hope no one here encourages CarFax thefts.)
Keep in mind that these records are often as simple as the car being registered by first owner. Believe BMW's CPO program guidelines preclude a "lemon" or a car that has been in a serious accident from participation. Unfortunately, there can be unscrupulous BMW dealers. Always trust but verify.
PS. kennynmd - VOB BMW could use a lesson on customer service. While I appreciate that they do not have excessively aggressive salespeople that practically jump into your shorts when you pull up, their casual attitude can be equally frustrating. I went in some time ago to see if they had any 3 series convertibles so that I could check out trunk space, and ended up leaving after 15 minutes while they unsuccessfully paged for a salesperson that wasn't busy. And this was a weekday afternoon. And I drove up with the top down in my S2000, so they should have known I was a serious potential buyer. If I can get over the Passport location, I think I'll check them out.
i think if anything bmw is loosing a little "classiness" in its industrial styling, compared to the really fine looking new MB E class.... but its kinda interesting, maybe i'm wrong, but the slick industrial box look might be the next thing coming in, if the curves everywhere of mazda and nissan dont make the next big trend... Maybe because of my hard core nerdy engineering background, but I actually like the looks of the honda accord and the 7 and the new 5 minus some really weird errs on each of their bodies.
ksso
-Paul
I also believe the former Heischman in Arlington changed ownership (now called BMW of Arlington). They weren't well respected before, but I haven't heard anything lately.
Thanks again for the insights.
Is he telling the truth?
I understand BMW 5 series ranks in the middle of the pack in terms of reliability. While some may only keep their cars a few years, we usually like to keep cars for quite a while. I understand that any car will need it's share of maintenance, but how many miles do you think I can put on this BMW comfortably? The low 100,000 mile range is what I was hoping for, but only if it is financially smart to do so (from a maintenance standpoint). What do you all think?
Thanks in advance!
Now, many people would not like putting an average of $800 a year (done at the dealer) in maintenance. And that's OK. But if you aren't prepared for that outlay, then I'd suggest going the Japanese (Honda/Toyota/Nissan/Mazda) route.
BTW, we have a new 530i and X5. We think that's the way to go. We fully expect to get similar service levels from these new ones.
Happy Motoring,
Jack
You should do some research on Carfax. Consumer Reports and others have published some analysis of their methods and data. Like any data collection and dissemination system that relies on others (e.g., on 50 State DOT systems, etc.), it won't be perfect. Nothing is. But it is one of the better systems consumers have to track this type data. We are all better off having it than not having it. People who scam others buying and re-selling garbage cars fear these type services. Makes their scamming much harder.
I'd like to see Carfax survive and prosper. I've paid for and used their service a couple times. Paid the fee and got the unlimited checks for 60 days. A great, cheap investment. Anyone who can afford a BMW can afford to pay their own Carfax report. If everyone takes from Carfax by getting someone to give them a report, how will Carfax survive or prosper? Then will they be around when I need them?
Make 'em an offer. Worse that will happen is they say no. But they may take it. Or you may end up somewhere in between. Remember, everything is negotiable. Knowledge is power. Try to have fun.
You don't say what kind of options this car has. Makes a difference if it is a base no-option car versus a fully loaded car with PP, SP, etc. What was this car's original MSRP? Keep in mind the car is still under full b-to-b warranty until the end of the full 4/50 period. I'm also assuming it is CPO, which gets you an additional 2/50 of CPO warranty.
I was offered a '00 528i with 30,000 miles for $28,000 (BMW certified) without much negotiation. Let them know you know you can get a brand new 525 '03 for around $36k with the $3,500 factory to dealer incentives going on. There is more info on this incentive in the "BMW 5-series Prices Paid" area. Autotrader.com has many used listings, so you can also get a good idea of what the going asking prices are. Good luck!