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9 Posts
Hi,
I'm in the process of buying a used '01 or '02 M5 and was hoping to get some help from the experts on this board. I really just have a few questions:
1. In searching through the threads, it seems that the '00 had the oil burn problem and '00/'01 had the carbon build up issue. Looks like the carbon issue is somewhat random, but is there a place where I can find out the vin number range for cars that burn oil? I read through the FAQ on inspecting the car, anything specific to the '01 and '02 cars that i should know?
2. What is a reasonable price to pay for a '01 w/ roughly 25k to 30k on it and in good condition? Do you guys think that prices drop further when the new M5 is in showrooms or is that already priced in today? How much more should I pay for a '02 w/ the same miles?
3. What premium would you pay for a BMW certified pre-owned? Is it worth getting at all? If I do buy the car from a dealer, is it worth it to buy the extended warranty, and are there 3rd parties that offer extended warranty on the M5?
I hope I'm not repeating too much of what's already covered, but I did try to search through the forums.
thanks very much,
Bill
I'm in the process of buying a used '01 or '02 M5 and was hoping to get some help from the experts on this board. I really just have a few questions:
1. In searching through the threads, it seems that the '00 had the oil burn problem and '00/'01 had the carbon build up issue. Looks like the carbon issue is somewhat random, but is there a place where I can find out the vin number range for cars that burn oil? I read through the FAQ on inspecting the car, anything specific to the '01 and '02 cars that i should know?
2. What is a reasonable price to pay for a '01 w/ roughly 25k to 30k on it and in good condition? Do you guys think that prices drop further when the new M5 is in showrooms or is that already priced in today? How much more should I pay for a '02 w/ the same miles?
3. What premium would you pay for a BMW certified pre-owned? Is it worth getting at all? If I do buy the car from a dealer, is it worth it to buy the extended warranty, and are there 3rd parties that offer extended warranty on the M5?
I hope I'm not repeating too much of what's already covered, but I did try to search through the forums.
thanks very much,
Bill