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E60 M5 and E61 M5 Touring Discussion 2005- Advertiser's Forum

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post #21 of 92 Old 11th February 2017, 05:07 AM
JrMint03
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Quote:
Originally Posted by pmalik View Post
I think I understand now why you think it's a money pit...

Two jugs of 0w40 + filter =$60
Rotors are $220-250 a pop etc
Rob bearing $1000 in labor

Here's a good analogy - the idrive box on my wife's 06 died last year. If I had to pay a dealer to repair it, it would've been a $3K endeavor. I got a replacement part from LKQ for $150 delivered.

Paying someone else, especially a dealer, to maintain your used high end car is how you end up with a money pit.
Another good point....

If you can't work on the car on your own, at least find a good indy that will give you a nice price too.

2007 E60 M5- Black Saphire

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post #22 of 92 Old 11th February 2017, 11:35 AM
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Yup, money pit, especially if you mod, think I've spent £15k or so in 18 months.

Just bought all the parts for a rod bearing change and about to buy a new vanos pump, so that'll be another £4k once it's all installed....

Oh, and I've been buying engine parts, planning to stroke the engine in the next year or so, ceramic plate lots of internals, so maybe another £20k over the next 2 years.

My living room atm....



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2007 LCI Interlagos Blue ///M5 e60
Performance
Evolve (SS) Long Tube Headers [Feb'16]
Evolve Stage 3 Tune for Catless Headers [Feb'16]

Tubi Style Sport Mufflers [Jun'16]
Tubi Style X-Pipe [Jun'16]
Eventuri Intakes [Nov'16]




Last edited by Th0nor; 11th February 2017 at 11:40 AM.
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post #23 of 92 Old 11th February 2017, 02:36 PM
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One of my most favorite cars - EVER! My love affair started 24 months and 45K miles ago. My history and journey with my E60 M5 are well documented on the board. I daily drive my vehicle and take her everywhere -

1st year -

Oil Changes every 3.5k - 5k depending on what I was doing with her
BST cable
TPMS
2 sets of tires :P
+ a lot of Mods

1st year was GREAT!

2nd year still great but VERY expensive

Bearings, OEM upgrades to latest and greatest, idle control actuators, throttle actuators, all new clutch components (SMG), all fluids flushed and replaced, brakes (F&R), all new Meyle HD steering components

+ upgrades this year

ess tuning vt2-650 SC kit
custom pre-lci DTM style quad demon eye lights
2 more sets of tires :P
new section 3

I can't comment on money pit or not - I think it comes down to how much do you love the car - I thought about buying this car for years and let the forum and stories scare me away - when price dropped to 40K for nice clean models the juoice was worth the squeeze so I bought one without extended warranty and have never looked back.

For all of its little quirks, I love this car and the money is an after thought to the joy and smiles she puts on my face daily. The E60 M5 is like any other thing - treat her nice and she will treat you nice - but abuse her like - high revs on cold oil, too many launch controls, and poor maintenance then she will reward you accordingly.

Have a great warranty or be prepared at any time to spend 5K or 10K to get her running again.

If you are OK with that buy her - drive her and enjoy her you wont regret it! This is the best sounding car I have ever owned and the sight, smell and feel of her on a drive combined with that exhaust note is sure to please anyone and bring a smile to their face.

Last edited by JGINWS; 11th February 2017 at 02:39 PM. Reason: addition - Be sure to buy Carly for BMW available for android and iphone -
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post #24 of 92 Old 11th February 2017, 02:40 PM
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Quote:
Originally Posted by Th0nor View Post
Yup, money pit, especially if you mod, think I've spent £15k or so in 18 months.

Just bought all the parts for a rod bearing change and about to buy a new vanos pump, so that'll be another £4k once it's all installed....

Oh, and I've been buying engine parts, planning to stroke the engine in the next year or so, ceramic plate lots of internals, so maybe another £20k over the next 2 years.

My living room atm....



Sent from my ONE A2003 using Tapatalk
Love what you have done with the room!
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post #25 of 92 Old 11th February 2017, 02:47 PM
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Quote:
Originally Posted by JGINWS View Post
Love what you have done with the room!
It's a V10 shrine! I bet you figured I don't have a girlfriend atm!?

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2007 LCI Interlagos Blue ///M5 e60
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Evolve (SS) Long Tube Headers [Feb'16]
Evolve Stage 3 Tune for Catless Headers [Feb'16]

Tubi Style Sport Mufflers [Jun'16]
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post #26 of 92 Old 11th February 2017, 02:58 PM
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Originally Posted by Th0nor View Post
My living room atm....
If you look carefully you can just see Mr. Sheen crying...
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post #27 of 92 Old 11th February 2017, 04:38 PM
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Quote:
Originally Posted by Fiftytwoeighty View Post
I have put over 100,000 miles on the street and track on this m5 -- NEVER seen a flatbed or left me stranded.
That is impressive! For any car really.

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post #28 of 92 Old 11th February 2017, 04:54 PM
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In my case, its an aftermarket mod money pit....
almost 3.5 yrs ownership & spent:
repairs = $0
maintenance = roughly $4K
mods = low ball est. $14K
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post #29 of 92 Old 11th February 2017, 04:58 PM
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Quote:
Originally Posted by cold m3 View Post
That is impressive! For any car really.
Ehhh just about any modern car will get to 100k with minimal issues - given that most CPO programs warranty through that mark, all parts are engineered with a lifetime of at least that.

Per Fiftytwoeighty's original argument, there's a very high correlation between people crying money pit and their cars having a million "look at me" type of mods (slammed suspension, huge wheels, vinyl on everything etc) and maintenance that isn't anywhere near commensurate with how much they rag on the cars.

I steer clear of any used high end car with aftermarket stuff on it and not surprisingly I've never had an issue. Here's a pro tip: anything with blacked out tail light and especially that goofy front tint strip will murder you in maintenance cost.

Last edited by pmalik; 11th February 2017 at 05:27 PM.
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post #30 of 92 Old 11th February 2017, 06:22 PM
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Those prices were for illustration purposes.

Quote:
Originally Posted by pmalik View Post
I think I understand now why you think it's a money pit...

Two jugs of 0w40 + filter =$60
Rotors are $220-250 a pop etc
Rod bearing $1000 in labor + 600 in parts

Here's a good analogy - the idrive box on my wife's 06 died last year. If I had to pay a dealer to repair it, it would've been a $3K endeavor. I got a replacement part from LKQ for $150 delivered. Same thing for that stupid thigh support seat thing - $300 + labor at the dealer or $20 part on ebay.

Paying someone else, especially a dealer, to maintain your used high end car is how you end up with a money pit. I've put thousands of miles on various high end cars (911/S8/S4/bunch of m3s etc) over the years and the only thing I've lost money on has been depreciation.
I do most of my own maintenance. Others may not. I did not say it was a money pit. I just said parts are expensive. p.s. Rod bearing parts are $1K if you go with aftermarket + replace the related components while you are in there.

Last edited by 335xi; 11th February 2017 at 06:23 PM.
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