Hello! I am looking to purchase a 3.8 M5 6Spd... ideally a 1995 model (to go with my newly purchased number plate - M5 KYD - My Surname is Kydd!!). I currently own a Late 94 540i Touring which the M5 would be replacing as my daily driver!
My budget would allow a car with about 50-60k Miles - (£14000 to £15000).
Now my main quarm is what the owning costs are going to be. Now obviously I am pretty familiar to massive Insurance costs and Petrol consumption, as I already have the 540i V8. However (touch wood) the 540i has been remarkably reliable, and only really needed "standard" maintainance - brakes, air con recharge, and the standard servicing.
What can I expect with an M5? A couple of people I have spoken to have said that the M5 is madly expensive, and the 540i 6 Spd, is a better alternative. Whereas, other people I have spoken to have said that the M5 is as cheap to run as almost the 540i, and they very rarely need anything more than "standard maintainance"!
The mileage I would cover is approx. 6000 - 7000 Miles a year, and I would plan to keep the car for about 2 - 3 years.
Can anybody (specifically UK M5 Owners!) tell me that an M5 is an affordable car to own (considering that I would be using my local dealer, L & C of Tunbridge Wells)!
My daily drives, very rarely include town centres etc, and its just basically a host of deserted country lanes - which is why I think the M5 would be such a joy to own, especially down here!
Many thanks for any replies!
Kind Regards
Patrick
[This message has been edited by Patrick (edited 14 March 2001).]