M5 SMG Transmission

NVP · 24 Mar 2011 at 23:13

I don't get it. Why is it that this car is a guaranteed dog even if it passes the same inspections performed by BMW for their own used cars? It's not like I'm picking one up for 15 grand, it's an 07 for the price of an 05.

Of course I want a great example, which is why this will be properly inspected before hand, but why ignore this one because he can't afford to run it any more?

EDIT: Damn DM why did you have to go and say that for? It is kind of hitting home but surely the inspection will through up any problems?

[TW]Fox · 24 Mar 2011 at 23:14

If it was perfect why sell it for the price of an 05? Why not sell it for the price of an 07 and make more money.

Gibbo · 24 Mar 2011 at 23:16

NVP said:
I don't get it. Why is it that this car is a guaranteed dog even if it passes the same inspections performed by BMW for their own used cars? It's not like I'm picking one up for 15 grand, it's an 07 for the price of an 05.

Of course I want a great example, which is why this will be properly inspected before hand, but why ignore this one because he can't afford to run it any more?

By the time you've had it inspected, purchased BMW warranty would you be saving any money.

Also what condition is the car in, is it perfect, unmarked both inside and out apart from the windscreen?

Will BMW sell you warranty straight away or will they make you wait 90 days in which case if it goes wrong before then your on your own and no AA or RAC warranties won't cover it, well generally claims just upto 2.5k

For me I'd far rather by a low owner car, that was pristine both inside and out, from a legit source and where I can see history on the previous owners.

Do BMW have the ability to show a report like Porsche do to see how hard the car has been driven/abused?

DM · 24 Mar 2011 at 23:16

NVP said:
I don't get it. Why is it that this car is a guaranteed dog even if it passes the same inspections performed by BMW for their own used cars? It's not like I'm picking one up for 15 grand, it's an 07 for the price of an 05.

Of course I want a great example, which is why this will be properly inspected before hand, but why ignore this one because he can't afford to run it any more?

EDIT: Damn DM why did you have to go and say that for? It is kind of hitting home but surely the inspection will through up any problems?

Dont think im a kill joy and want to **** on your fire, im just telling you from experience, that there are not many free dinners left, especially from car dealers.

Please, go and buy a nice one, from the right place, seriously.

Gibbo · 24 Mar 2011 at 23:18

[TW]Fox;18746219 said:
If it was perfect why sell it for the price of an 05? Why not sell it for the price of an 07 and make more money.

Agreed.

There is a 10% chance probably less this is genuine.

More like 90% the seller knows its true value and as such is selling it as such. Also inspect the tyres, bodywork etc, when next service due, these could all be extra cost. MOT too!

[TW]Fox · 24 Mar 2011 at 23:19

Out of interest NVP what were the future servicing requirements on the car?

NVP · 24 Mar 2011 at 23:20

Including inspection and warranty I would still save a lot of money.

Condition wise, the car is virtually perfect apart from the windscreen and a couple of stone chips.

BMW said I have to own it for 30days before they will put the warranty on it.

It is a low owner car, he is the 2nd.

If this doesn't work out then I will go back to my main dealer huntings, but it can't hurt to get it checked out.

OllyM · 24 Mar 2011 at 23:21

This whole thing is idiotic. Buy a nice low mileage LCI one from a BMW dealer, if you can't afford to do that then don't bother and buy something else.

[TW]Fox · 24 Mar 2011 at 23:22

Buy a 520d M Sport. Cheap to run, easy to find a minter, and it has all the bling and looks like an M5.

NVP · 24 Mar 2011 at 23:24

DM said:
Dont think im a kill joy and want to **** on your fire, im just telling you from experience, that there are not many free dinners left, especially from car dealers.

Please, go and buy a nice one, from the right place, seriously.

Nah I understand where all you guys are coming from, I have all teh same concerns. I just can't see the harm in checking this out, that's all.

Gibbo said:
There is a 10% chance probably less this is genuine.

More like 90% the seller knows its true value and as such is selling it as such. Also inspect the tyres, bodywork etc, when next service due, these could all be extra cost. MOT too!

All tyres are new conti sport 2s, new brake pads are a few months old, alloys refurbished 6 months ago, bodywork was fine except for a couple stone chips, MOT is due in April but he said he'd get that done, not sure on next service but I know the last one was ~5k back.

Gibbo · 24 Mar 2011 at 23:26

NVP said:
Including inspection and warranty I would still save a lot of money.

Condition wise, the car is virtually perfect apart from the windscreen and a couple of stone chips.

BMW said I have to own it for 30days before they will put the warranty on it.

It is a low owner car, he is the 2nd.

If this doesn't work out then I will go back to my main dealer huntings, but it can't hurt to get it checked out.

I'd only buy it if following:-

- Its passes BMW inspection and they approve they would give it warranty no issues.
- It drives flawlessy and I get at least a 1hr test drive.
- Its just been recently service and no service due.
- All tyres have 5mm or more tread.
- HPI clear.
- Unmarked outside and inside, stone chips acceptable.
- Windscreen repaired with proper BMW approved windscreen for use with HUD.
- 12 months MOT
- 6 months tax
- 3 month AA Gold top level warranty or similar with maximum possible claim limit as a lot could break in 30 days on a car that maybe hiding an issue, though you'd think inspection may spot it. At least this warranty would cover you to an extent.
- The saving after you factor in BMW warranty cost for 2yr is at least £2000 or more.

Then if the above are all yes I may consider it!

NVP · 24 Mar 2011 at 23:26

Fox, please stop mentioning "bling". I am finding it offensive now that you are continually judging me to be some sort of fool that just wants a flash car.

OllyM, I don't see why this is idiotic? What's wrong with having the car inspected?

Gibbo said:
I'd only buy it if following:-
*snip*

Basically my criteria too, except I didn't think about an AA warranty. Why right it off straight away when it could be the perfect car at the perfect price?

Gibbo · 24 Mar 2011 at 23:28

NVP said:
Nah I understand where all you guys are coming from, I have all teh same concerns. I just can't see the harm in checking this out, that's all.

All tyres are new conti sport 2s, new brake pads are a few months old, alloys refurbished 6 months ago, bodywork was fine except for a couple stone chips, MOT is due in April but he said he'd get that done, not sure on next service but I know the last one was ~5k back.

Alloys refurbished? Why? Has it been bounced of kerbs?
Bear in mind MOT will be done by a mate who turns a blind eye no doubt.....

Next service could be due anytime, BMW's have intelligent service intervals where they work the interval out based on hows it been driven. The car will say on the display when next service is due. A hard driven car will be seeing 5-8k services, a car not driven so hard probably 8-12k and a car driven very carefully maybe 15k, though Fox willl confirm this.

DM · 24 Mar 2011 at 23:29

He dont mean it, Fox is just a bit blunt.

Go and get it checked then, i can see you have the itch now

[TW]Fox · 24 Mar 2011 at 23:30

NVP said:
All tyres are new conti sport 2s,

Have these tyres not now been discontinued for quite some time?

I am finding it offensive now that you are continually judging me to be some sort of fool that just wants a flash car.

I don't think you are a fool but I do think a lot of you just wants some flash car, yes. The sheer breadth of threads from you is what gave me this idea. You've wanted everything from a 335i to a 645i, Porsche 911, a supercharger for a 325Ci you plan to keep 'for a very long time', etc etc. You don't seem to know what you want really. You seemed pretty set on a 335i cab only 2 weeks ago. Quite how anyone goes from wanting a reasonably sensible to run cabrio to a bonkers saloon in the space of 2 weeks I've no idea, it's a total u-turn in terms of priorities - the only thing in common is whats always been in common - the fact its posh.

You even said, 2 weeks ago:

I'm not really concerned about outright speed

Now suddenly you are SO concerned about outright speed you are prepared to cop an immeasurely enormous jump in running costs? Why such a change in such a short period of time?

I don't think you are a fool, mind. I think you are being foolish in this instance - but this is completely different to thinking you are a fool

I just dont think you've got any real idea what you want or, more importantly, what you are letting yourself in for.

OllyM · 24 Mar 2011 at 23:31

The AUC check isn't exactly comprehensive. Our new car passed the AUC inspection with the number 2 shortcut button stuck down on the iDrive. To fix this, the dealership had to replace the CIC at a cost of over £2000 to them as BMW rejected the warranty claim (which was the most comprehensive new car warranty, as it's under 3 years old).

If you buy from a BMW dealer you have some comeback if there are problems like the above, buy from this place and you won't have a chance in hell. The Insured warranty cover isn't quite as good as the AUC warranty you would get in the first year of ownership either.

NVP · 24 Mar 2011 at 23:33

He said he refurbished the alloys because they had lots of chips on the insides and a couple of scuffs.

I will call him again tomorrow to check the service intervals again and how long is shown on the display.

EDIT:
Fox, regarding my 325 I just got bored and after the accident I simply want rid. The 335 was a decent idea but when I drove it I had the same feelings about it as you did previously. The 911 has always been a dream but I quickly realised that would have to wait. The M5 decision was made after an extensive test drive, I've test drove a lot recently and none gave me the feeling that the M5 did. Also, what's wrong with posh? Posh cars are generally better cars. I test drove an Evo a week or so ago, that's not posh (no offence Gibbo

)

OllyM, I didn't think the BMW inspection would be that bad. I assumed it would cover all things properly. I do realise buying Used Approved is the best way to go, I just can't resist something which could potentially be a great buy. But if the inspections could still let through a dog then I guess I do have second thoughts, but I will have to find out more from BMW before hand anyway.

DM · 24 Mar 2011 at 23:47

This is going to cost you more to run than a 911, and decent 997s are down to this money now just about, well 28-30k anyway.

NVP · 24 Mar 2011 at 23:50

Really? Not from what I've read about them, but that was my initial thoughts whilst thinking the M5 was reliable, however I was soon enlightened by you guys and a bit of googling

. I do think the 911 is more expensive to keep running though, servicing costs, tyres, problems all seem to be higher. Perhaps I will do some more googling

[TW]Fox · 24 Mar 2011 at 23:51

I reckon there is probably little in it - when nothing is going wrong I'd be suprised if the Porsche wasn't cheaper to run the M5, it's certainly more economical, noticeably so infact.