-£15K M5 E60

Born_2_Kill_83 · 20 Feb 2015 at 09:51

These are starting to pop up between £12-15k, but is it a good idea to spend this sort of money on that sort of car?

Gibbo · 20 Feb 2015 at 10:41

With a BMW warranty yes.

These are amazing cars and last of its kind, I might even buy one during my wait for the Mustang as I want to experience the V10. I also cannot see them dropping much below 12k and expect to see them start appreciating in coming months/years.

SMG, Actuators are items to watch for, avoid remapped or modified cars and if at all possible try to get one with a BMW warranty or the warranty extended by the owner at your cost.

G-MAN2004 · 20 Feb 2015 at 10:50

Yes, do it. The S85 has one of the best sounds ever.

Dr House · 20 Feb 2015 at 11:36

but you have to have some real balls to own one without a warranty. As Gibbo said with a warranty its could be a lot of cheap fun but without you could be in for a world of pain.

sovietspybob · 20 Feb 2015 at 11:38

How much is an extended warranty on one of these? Still eye watering for normal people i imagine?

Jester* · 20 Feb 2015 at 11:38

Clutches, SMG if out of warrenty are like £4k or something ridiculous.

If you want to take a chance and spend 1/3 of the cars value potentially then go for it.

Would love to own one, but I cannot stomach that kind of repair bill. Many of them are falling outside of BMW warrenties now.

Rotty · 20 Feb 2015 at 11:41

I'm not sure I would even touch one with warranty unless they are very flexible re the clutch issues ( I assume they cover the known gearbox probs without any problem)

Born_2_Kill_83 · 20 Feb 2015 at 11:52

Warranty only up to 10 years/100k miles old I take it? For the £15k bracket I was looking at most will fall out of that this year.

Liquidfox · 20 Feb 2015 at 12:03

Definitely get a warranty, a mate got an M6 for around 17K not long ago, he quickly ended up with a large bill for around £6k! Luckily the warranty took care of it all. It's been perfect ever since however.

[TW]Fox · 20 Feb 2015 at 12:29

Born_2_Kill_83 said:
Warranty only up to 10 years/100k miles old I take it?

Nope, there is no age or mileage limit on warranty - just that over 60k the price becomes obscene and over 100k you can only purchase driveline cover.

LeopoldScotch · 20 Feb 2015 at 12:51

The warranty for a 2006 m5 with 90,000 miles is £3,000 a year!

TomO · 20 Feb 2015 at 12:57

LeopoldScotch said:
The warranty for a 2006 m5 with 90,000 miles is £3,000 a year!

about the same a clutch replacment at BMW then!

Loved mine - the engine in particular. I had mine a while back and the red cog of death (gearbox issue - in this case, clutch died) at the nurburgring was sorted by BMW under warranty (including flights home, picking the car up from Germany and a hire car whilst it was away!) as the early cars had a known issue in this regard.

Didn't have any other issues with mine (would have hoped not as it was only 18mths old when I got it!) but have heard many horror stories since.

Gibbo · 20 Feb 2015 at 13:29

sovietspybob said:
How much is an extended warranty on one of these? Still eye watering for normal people i imagine?

This car is not for normal people, there is nothing normal about a 500+ horsepower V10 that averages 11mpg.

Owning one without a warranty is a risk, but you might get lucky, some people never have an issue and get lucky, but you could be the unlucky one, they can throw massive bills.

slick rick · 20 Feb 2015 at 13:37

I love these cars, the noise they make is just glorious! And they do seem to be a lot of car for the money, but maintenance must surely be eye watering.

How much does something like a set of discs and pads cost for example, I am guessing £1000 - £1500?

Any if something went wrong with the engine or SMG box I imagine the sky's the limit in repair costs?

acemastr · 20 Feb 2015 at 13:39

TomO said:
about the same a clutch replacment at BMW then!

Loved mine - the engine in particular. I had mine a while back and the red cog of death (gearbox issue - in this case, clutch died) at the nurburgring was sorted by BMW under warranty (including flights home, picking the car up from Germany and a hire car whilst it was away!) as the early cars had a known issue in this regard.

Didn't have any other issues with mine (would have hoped not as it was only 18mths old when I got it!) but have heard many horror stories since.

They really did all that with you hooning it around a track? (sort of)

Was this a new one or second hand?

TomO · 20 Feb 2015 at 13:45

slick rick said:
I love these cars, the noise they make is just glorious! And they do seem to be a lot of car for the money, but maintenance must surely be eye watering.

How much does something like a set of discs and pads cost for example, I am guessing £1000 - £1500?

Any if something went wrong with the engine or SMG box I imagine the sky's the limit in repair costs?

I had a full set of pads (no discs) done at a BMW dealer and it was £800. :eek:

slick rick · 20 Feb 2015 at 14:06

TomO said:
I had a full set of pads (no discs) done at a BMW dealer and it was £800.

Ouch!

That is crazy expensive! I assume that is why the price is so low for such an amazing car as the are 10 years old now and parts and labour are prohibitively expensive.

I would still love to own one if I could stomach the repair and maintenance bills.

Cosimo · 20 Feb 2015 at 14:26

A beast of car but you will need deep pockets to run one.

Lashout_UK · 20 Feb 2015 at 15:42

Most are coming up for a set of rod bearings as well, if they don't already need 'em. Expensive job.

http://www.m5board.com/vbulletin/e6...rehensive-s85-rod-bearing-picture-thread.html

panthro · 20 Feb 2015 at 15:54

There are so many other things to take into consideration when buying an M5, not just the warranty. Look at the cost of consumables and petrol and it's no wonder these cars change hands for so little money and have a higher than average number of owners.