1. We are thinking of maybe getting a M5 in Summer/Fall 2003. But, I was reading here of a redesigned 5 and M5 and there is a lot of debating on when it will be released.
we dont know exactly when the next 5 (code name E60) will be out and therefore we dont know exactly when the next M5 will be out. My own guestimate for the next M5 is late 2005/ early 2006. At that time you can expect the dealers to ask for ~$10-20k OVER msrp. and they will find those willing to pay. So if you really want one of these you might be into mid 2006.
Then I read in a post that the current M5 and/or 5's won't be made after Feb 2003 is that correct?
thats correct. of course BMW can change their minds whenever they want to.
What I am trying to ask is if we get a M5 in Summer or Fall of next year which M5 would we get? Will it look like the one out now or will it be the new redesigned M5? Then what is this about one coming out in 05 or 06?
youd be looking at used M5s (the current model code name is E39). The next generation car will likely look like a mixture of the current car and the new 7 series. I think I am in good company when I say I am concerned about the styling direction BMW is heading in. BMW says it hears the criticism of the 7 and will correct it in the E60.
2. Is there going to be a M6? If so when will that be out and how much bigger would it be over the M5?
I think you have to understand what BMW plans to do with its numbering system. Odd numbers (1,3,5,7) will be for sedans. Even numbers will be for coupes. So the 6 series will be a coupe. it will be based on the E60 5 series. It wont be bigger than the 5- although it might not be very much smaller. Think of a Mercedes Benz CL class car. I dont know exactly when a M6 will be out, but a good guess is in the same range as the M6. Btw- there will be cabrio versions of the 6 series and those will take around 18 months to show up after the 6 debuts.
3. The M5 out next year that won't have the iDrive will it? Unless it is REALLY different or a special order or whatever that would be terrible.
All higher end BMWs will have idrive. Its likely to be optional on base model cars but it will be standard on the upper level vehicles. Like Adam said, its rumored to be in for a big revision. Dont knock it yet, its too new. So your answer is, The E60 M5 will have idrive.
4. Also will the M5 model out next year will that have the V10 or no?
the E60 M5 is rumored to feature a 500+hp V10 engine. Ive been told this for some time and many have doubted it, but thats what Im told.
5. How is the M5 (with snow tires) in the snow?
with snow tires on all corners: its excellent. without snow tires, its a mess. the thing about snows and the M5, in dry conditions youll really notice the lack of performance of the snows, but at least you can go in the snow.
6. Is the M5 safe?
you know, most people think "BMW" and they dont think safety they just think performance. That was me several years ago. But since then Ive discovered that they make vehicles that are just as safe, if not safer, than the other guys. The M5 is based on the 5 series, and you get all the safety in that car so here is a link to an evaluation the insurance institute for highway safety did. bottom line: it doesnt get safer than the 5 series.
one thing you didnt ask is pricing. Ive heard the E60 M5 will MSRP around 90k, thats quite a price jump from today's base of 70k.