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post #1 of 86 Old 10th February 2017, 05:45 PM Thread Starter
corrieharris27
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M5 a money pit?

So I've been looking at 08+ M5s and came across a message board on a website that I won't mention. Basically, they just made the car sound like a huge money pit. Like once the SMG pump goes next is the bearings, then after the bearing job is this n that n it never ends lol. They say to have a college fund ready for repairs. So my question is has anyone had a good running e60 without tons of problems? Should I be scared to get one?

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post #2 of 86 Old 10th February 2017, 05:58 PM
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I've had my 2010 E60 for nearly 3 years and it's run flawlessly. Oil changes every 5K miles religiously are sure to extend the life of your engine internals.

As for the rod bearings and SMG pumps, those (amongst a few additional gremlins) are known maintenance issues for these cars. But one doesn't buy a V-10, street-driven performance luxury car with 507 HP on tap without an expectation of an above average maintenance schedule, property taxes and car insurance too for that matter.

To me, it boils down to the risk you're willing to take for the reward if daily driving one of the fastest cars out there for the money. That's why I bought one.


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post #3 of 86 Old 10th February 2017, 06:25 PM
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Yes, it's a money pit. Maybe not right away, maybe right away. Mechanical parts wear out. It's expensive to repair. Money pit.
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post #4 of 86 Old 10th February 2017, 07:22 PM
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Everyone has their own opinion on what a money pit is. M5 is $100k luxury sports sedan. So don't expect for parts to be cheap or the repairs.


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post #5 of 86 Old 10th February 2017, 07:49 PM
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Why do I get a feeling this is one of those "I'm finally approved for $15k, should i buy a used high end performance sedan" threads?

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post #6 of 86 Old 10th February 2017, 08:24 PM Thread Starter
corrieharris27
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Why do I get a feeling this is one of those "I'm finally approved for $15k, should i buy a used high end performance sedan" threads?
No. Its really not. The car I'm looking at is an 08 with 41k for $33k. I know repairs and parts won't be cheap that's a no brainer but the people on the site made it seem like its problem after problem after problem, as If it will be in the shop every other week.

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post #7 of 86 Old 10th February 2017, 08:54 PM
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post #8 of 86 Old 10th February 2017, 11:05 PM
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Quote:
Originally Posted by corrieharris27 View Post
No. Its really not. The car I'm looking at is an 08 with 41k for $33k. I know repairs and parts won't be cheap that's a no brainer but the people on the site made it seem like its problem after problem after problem, as If it will be in the shop every other week.

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The m5 has an exotic and bespoke v10 engine. Take ANY exotic engine, from Porsche, Ferrari, Lamborghini, Mercedes, Nissan, Toyota, and run the engine to 100,000+ miles on a beer budget, and you will have another money pit. The reality is, most 2 door exotics never see the miles a 4 door grocery getter will see in it's lifetime.

My guess, the people on that site were 1) never long term owners and ditched their cars ahead of any up coming maintenance, or 2) the people spent money on "look at me mods" before addressing maintenance.

Once you get behind on maintenance, yes, the car can become a money pit for the next owner, which is why they are cheaper than ever before.

Car payment plus expensive maintenance may equal a money pit, if you don't have the funds.

My advice: pay cash and stay ahead of maintenance. I have put over 100,000 miles on the street and track on this m5 -- NEVER seen a flatbed or left me stranded. This is also my third m5 and one of two m5s in my current stable.

Good luck in your search.

~Woody

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s85 + (afterthought) 6mt =133,000 miles with no RCOD and counting ...just saying...

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1988 e28 m5 STROKER 420bhp 91 octane(Paul Burke s38b39); VAC LTW flywheel; MegaSquirt G2 DME; Euro RestoMod track car: caged, 6 point FIA harness, FIA Sabelt GT-160 seats...AC/heater, interior, sunroof, rear seat delete; Euro Headers, dump valve, and race cats; z3 1.9L ssk and ZHP shifter; custom Ground Control Coilovers/camber plates; Mason Engineering front/rear strut bars; Brembo 6/4 BBK; 17x8 BBS RK w/Dunlop StarSpec II; undergoing Euro restoration, building the sub 2,400lb e28 CSL ///Motorsport never built. 5.71lbs/hp

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The Indys that I trust for all my Beasts' needs: oceansidemotorsports.com my local physician for service autohausfrankfurt.com/ my local Dinan supplier trinityautosport.com my local drug dealer for my crack habit
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Last edited by Fiftytwoeighty; 11th February 2017 at 12:25 AM.
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post #9 of 86 Old 10th February 2017, 11:42 PM
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MONEY PIT!


if i could go back in time, id NEVER buy mine....but now that ive had it for 5 years and sank in over $10k in repairs....it would be dumb to sell it for the maybe $20k its worth on the market these days so in the collection she stays.

buy one only if its a spare car that you dont need to rely on for anything other than fun on the weekends. its easily the least reliable BMW produced within the last 10 to 15 years.

but if you have money to burn its a fun car to own!

my M5 is 'stockish'
E60 ///M5 Project #Patina
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post #10 of 86 Old 11th February 2017, 12:42 AM
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it may be, it's hit or miss

The problem is that parts are expensive.
front brake job? > $2K
oil change? > $200
idle actuators ? $500 each x2 + labor
throttle actuators? $600 each x2 + labor
vanos solenoids? $900 each x2 + labor

The rod bearings I would change, $2500 job.

Just be ready for those items as the miles & years pile up.

Don't forget, 10 cylinders = 10 of everything that may break
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