e60 m5

Author
Discussion

asman0161

Original Poster:

124 posts

198 months

Monday 3rd November 2008
quotequote all
hi all, just wanted sum advice, im in the market for buying an e60 m5, just wanted to know what to look out for when i go to view one,
Might go an look at a grey one with full merino leathers 37k miles advertised for £28000, is that right price.
also is warranty a big issue...

Soovy

35,829 posts

277 months

Monday 3rd November 2008
quotequote all
asman0161 said:
hi all, just wanted sum advice, im in the market for buying an e60 m5, just wanted to know what to look out for when i go to view one,
Might go an look at a grey one with full merino leathers 37k miles advertised for £28000, is that right price.
also is warranty a big issue...
Do NOT buy one without the BMW warranty. Just DO NOT.

paoloh

8,617 posts

210 months

Monday 3rd November 2008
quotequote all
WARRANTY and WARRANTY and WARRANTY and WARRANTY. Are you getting the idea?

Broccers

3,236 posts

259 months

Monday 3rd November 2008
quotequote all
What are the typical out of warranty costs from an indi or is this all scaremongering ?

paoloh

8,617 posts

210 months

Monday 3rd November 2008
quotequote all
Broccers said:
What are the typical out of warranty costs from an indi or is this all scaremongering ?
Go and get a quote for a new gearbox. Just the box, no labour.

Broccers

3,236 posts

259 months

Monday 3rd November 2008
quotequote all
paoloh said:
Broccers said:
What are the typical out of warranty costs from an indi or is this all scaremongering ?
Go and get a quote for a new gearbox. Just the box, no labour.
Where from ? A breaker or a main stealer ? I think we are all aware of prices charged by BMW but then I've experienced good will and other individuals fixing these problems without major expense over the years I've had mine.


skeeterm5

3,597 posts

194 months

Monday 3rd November 2008
quotequote all
Sure you can buy one without a warranty but why on earth would you? Even at the new bargain prices it is still 28k - 30k you are risking.

Also, it will protect what is left of the residuals.

And as I keep saying to people, they are now cheap (relatively) but they still have the running costs of a 65k car - so if you really need to scrimp when buying one you are really looking down the barrel of financial ruin.

The e60 M5 is a technical marvel and is probably one of the most complex cars around and anything going wrong is likely to be costly.

Go and buy one from the dealers, 12 months piece of mind.

S

asman0161

Original Poster:

124 posts

198 months

Monday 3rd November 2008
quotequote all
if i buy 1 without a warranty can i pay for a warranty anywhere, plus does anyone know any real issues with e60 m5,and anyone thinks that m5 is worth it

Broccers

3,236 posts

259 months

Monday 3rd November 2008
quotequote all
asman0161 said:
if i buy 1 without a warranty can i pay for a warranty anywhere,
You can buy an aftermarket one yes, it will be total bobbins tho.

cleverbase

52 posts

192 months

Tuesday 4th November 2008
quotequote all
I just bought an 07 plate with low miles for 37k!!!!!!!!!

paoloh

8,617 posts

210 months

Tuesday 4th November 2008
quotequote all
Broccers said:
paoloh said:
Broccers said:
What are the typical out of warranty costs from an indi or is this all scaremongering ?
Go and get a quote for a new gearbox. Just the box, no labour.
Where from ? A breaker or a main stealer ? I think we are all aware of prices charged by BMW but then I've experienced good will and other individuals fixing these problems without major expense over the years I've had mine.
OK, try and find one from a breakers, then get someone to fit it, find out, that it is also fked and start all over again. Possibly of course but you see my point.

How much would an Indi charge to fit one?
How many Indis know how to fit one?

Soovy

35,829 posts

277 months

Tuesday 4th November 2008
quotequote all
asman0161 said:
if i buy 1 without a warranty can i pay for a warranty anywhere, plus does anyone know any real issues with e60 m5,and anyone thinks that m5 is worth it
Yes you can pay for an aftermarket warranty. But it will be worthless, so you pay for the privilege of no cover.

You can buy the BMW warranty for a car you buy privately but I think it's about £2500.


E30M3SE

8,475 posts

202 months

Tuesday 4th November 2008
quotequote all
Soovy said:
asman0161 said:
if i buy 1 without a warranty can i pay for a warranty anywhere, plus does anyone know any real issues with e60 m5,and anyone thinks that m5 is worth it
Yes you can pay for an aftermarket warranty. But it will be worthless, so you pay for the privilege of no cover.

You can buy the BMW warranty for a car you buy privately but I think it's about £2500.
Didn't think you could, once the warranty has expired it cannot be renewed.

Soovy

35,829 posts

277 months

Tuesday 4th November 2008
quotequote all
E30M3SE said:
Soovy said:
asman0161 said:
if i buy 1 without a warranty can i pay for a warranty anywhere, plus does anyone know any real issues with e60 m5,and anyone thinks that m5 is worth it
Yes you can pay for an aftermarket warranty. But it will be worthless, so you pay for the privilege of no cover.

You can buy the BMW warranty for a car you buy privately but I think it's about £2500.
Didn't think you could, once the warranty has expired it cannot be renewed.
I think you can but it's very expensive. Might possibly be wrong./

berry100

991 posts

216 months

Tuesday 4th November 2008
quotequote all
Soovy said:
E30M3SE said:
Soovy said:
asman0161 said:
if i buy 1 without a warranty can i pay for a warranty anywhere, plus does anyone know any real issues with e60 m5,and anyone thinks that m5 is worth it
Yes you can pay for an aftermarket warranty. But it will be worthless, so you pay for the privilege of no cover.

You can buy the BMW warranty for a car you buy privately but I think it's about £2500.
Didn't think you could, once the warranty has expired it cannot be renewed.
I think you can but it's very expensive. Might possibly be wrong./
Getting fed up of repeating myself on this warranty topic, as long as the car has a full service history then you can buy a BMW insured warranty for about £1250 with no excess, please do call BMW customer services as I did to confirm this.

Broccers

3,236 posts

259 months

Tuesday 4th November 2008
quotequote all
Its a shame they don't have that info on line. BMW warranty on M cars has certainly changed since it was a mere 500 quid 5 years ago.

M5Dave

829 posts

215 months

Tuesday 4th November 2008
quotequote all
berry100 said:
Soovy said:
E30M3SE said:
Soovy said:
asman0161 said:
if i buy 1 without a warranty can i pay for a warranty anywhere, plus does anyone know any real issues with e60 m5,and anyone thinks that m5 is worth it
Yes you can pay for an aftermarket warranty. But it will be worthless, so you pay for the privilege of no cover.

You can buy the BMW warranty for a car you buy privately but I think it's about £2500.
Didn't think you could, once the warranty has expired it cannot be renewed.
I think you can but it's very expensive. Might possibly be wrong./
Getting fed up of repeating myself on this warranty topic, as long as the car has a full service history then you can buy a BMW insured warranty for about £1250 with no excess, please do call BMW customer services as I did to confirm this.
They must have changed this in the past month or so then. My warranty expired on 18th September, and the letter I recieved from BMW made it very clear that if I intended to renew, then it must be done on or before that date. If I went beyond the 18th, even by a day, then the warranty could not be renewed under any circumstances

Ashok

605 posts

265 months

Tuesday 4th November 2008
quotequote all
As has been pointed out above, for the love of God DO NOT buy a car without a warranty!!

For those of you who don't know me, rest assured I know what I'm talking about (how does £30,000 of warranty work and 3 replacement gearboxes in two years grab you??).

Soovy

35,829 posts

277 months

Tuesday 4th November 2008
quotequote all
Ashok said:
As has been pointed out above, for the love of God DO NOT buy a car without a warranty!!

For those of you who don't know me, rest assured I know what I'm talking about (how does £30,000 of warranty work and 3 replacement gearboxes in two years grab you??).
yikes

ITP

2,107 posts

203 months

Tuesday 4th November 2008
quotequote all
If you're not bothering with a decent warranty what you need is a 996 porsche, the engine only cost about 12k if it blows up (or just go out and buy another!), bargain compared to these pesky M5 gearboxes/diffs without a decent warranty it seems biggrin.