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Old 13th July 2012, 05:07   #1
EI800
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BMW E39 M5 Lemon

I am in the market to buy a E39. Just recently moved to IL. I found a car with the lowest milage on autotrader:Cars for Sale: 2000 BMW M5 Sport Package in Dunlap, IL 61525: Sedan Details - 287917614 - AutoTrader.com
I am by no means a car expert but the current car I have I fixed everything by myself and am rather discerning when it comes car noises, vibration etc. This particular M5 seemed in really good shape, certainly a lot better than the other M5 I drove recently. I did hear some noise from the engine that might be attributed to VANOS but I do not have enough experience to pin point if that is normal or not.

I have read some on these particular cars and have come to accept that there are possible issues I might have to deal with (Vanos, Oil Consumption, MAF's, Clutch etc.) but I am skeptical of this particular vehicle because in the carfax it states that the car was bought back under the lemon law.

I would appreciate some input on this issue. The owner did mention this fact explaining that under California lemon law a car is required to be bought back if it is at a dealer for a certain period of time (or something to that effect). He also mentioned that he had it fully inspected prior to buying it because he was concerned; came back clean. He seems like a good guy but I am not willing to take someones word in a situation like this.



Thanks in advance.

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Old 13th July 2012, 05:15   #2
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Copy of Carfax

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Old 13th July 2012, 05:20   #3
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It is an early 2000 build date. May have the older piston ring design. Not sure if that is the reason for the buy back or not though. Could be anything.
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Old 13th July 2012, 05:21   #4
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Buying a "lemon" is a personal decision of course. It could have been an anal owner who kept complaining about a minor problem, or it could have been something more significant. In either case, if you call or go to a BMW dealer w/the vin, you can get a better answer.

They're asking a premium price for a non-premium car imho. A branded title should sell for many thousands less than a clean title. Remember that whenever you go to sell the car, you'll be the one trying to explain why the car is a lemon and most likely having to sell for a very low price bc of the title. There is someone local to me selling an original owner '01 w/58k for $3k more than this dealer is asking.

Personally I'd walk the other way. Good luck w/your decision.
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Old 13th July 2012, 05:38   #5
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Good point. Unless the M5 I get would have significant problems I plan on keeping it for a long time so I know I would not get much anyway if I sell it down the road.

Feel free to comment on the price as well...
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Old 13th July 2012, 06:04   #6
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Unless you knock $5k off the ask, you've just been served lemonade. Anytime a car has a salvage/lemon/accident record, untold amount of headaches ensue when it comes time to trade/sell/appraise the vehicle. Take your time, that lot is not going anywhere with that price.
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Old 13th July 2012, 06:08   #7
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No, no, no, no, no. First of all, unless you plan to keep it until it's only good as a parts car, you're going to lose big time when you go to sell it. People buy these cars because they really want one, not because they wake up one morning and say "hey, it'd be cool to drive an M5." Yes, it could have been a very minor issue.....or not. They're asking a massive premium. The only way you should even consider this car is if you buy it right, i.e., they take the lemon hit, not you. If you really like it, I'd offer $14K, maybe even $13K. Yes, I'm serious.

Many, many threads here about buying these cars with high(er) mileage and the pros/cons of documented history. Look at EAG - they're selling 2003s with mileage in the 60s - 80s for $27K-$32K with no stories. That should be your first clue, EAG puts a very healthy markup on their cars yet for an 03 with a few more miles it's only 5-10K more than this 00?

Here's a 00 with 500 more miles that's $3900 less

Cars for Sale: 2000 BMW M5 in Eureka, CA 95503: Sedan Details - 304609548 - AutoTrader.com

An 01 with 27K miles for $23K

Cars for Sale: 2001 BMW M5 in Beaverton, OR 97006: Sedan Details - 324833501 - AutoTrader.com

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Old 13th July 2012, 06:22   #8
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$23,000USD and it's had a Lemon Report? Steer clear unless you thoroughly interrogate the current owner and get at least $7000 knocked off.

It's got nice headlights and a nice licence plate but that's about it.
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Old 13th July 2012, 14:42   #9
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So now BMW is not qualified to repair a BMW car you folks are endlessly entertaining. That is not a salvage title. Maybe a call to BMW would get some answers to what the issue was.

The best thing to do is to take a look at the car and see what its condition really is.

Maybe the guy doesn't have adequate service records and you can knock another $2k off of the price before too long he will be paying you to take this POS off of his hands .
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Old 13th July 2012, 14:59   #10
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You maybe looking at a hidden gem. Get the vin and go ask BMWNA what the issue was. You may have a drop in motor for oil consumption in that car. Those are rumored to be special motors. The replacement motors are said to make more power. It is still to expense but deal with that by offering much less and show the dealer his competition.
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