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Hoopyfrood

Choosing an E60 M5

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I'm going for the beasty. I've driven a couple and I figure its going to take weeks, at least one set of tyres and several tank loads of BPs finest to figure out the SMG properly but I've decided to opt for one over an E39.

 

But I'm not rushing off desparate for V10 nirvana and I'm reading everything I can, get appraisals and do my homework as I want to enjoy this experience rather than spend time and money watching someone else fix it.

 

Good quality 55/56 models are around £13k-£15k whereas the face lifts are booking around £16k-£18k . These tend to have reasonable to good history, early models may well have had the clutch and SMG sorted recently, later models clutch replacements, mileage around 80k to 100k.

 

Question is, does the post face lift models offer more for the extra £2k-£3k or am I better off keeping the extra wonga in the bank for a rainy day (or worse) and getting an early model (all other things considered equal)?

 

Is there a noticeable improvement in reliability, maintenence, residuals etc between the 2?

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Personally, I wouldn’t get an E60 M5 without a warranty. The bills they can throw up are utterly massive.

 

Facelifts are better but as always, buy on condition and proof of servicing rather than miles. I’d rather a well sorted, higher mileage car than a low mileage one with a less careful owner. 

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9 hours ago, inkiboo said:

Personally, I wouldn’t get an E60 M5 without a warranty. The bills they can throw up are utterly massive.

 

Facelifts are better but as always, buy on condition and proof of servicing rather than miles. I’d rather a well sorted, higher mileage car than a low mileage one with a less careful owner. 

 

100 % I would also add ... check BMW dealer work done by contacting the dealer concerned :ph34r:

 

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As others have said, the E60 M5 is not inherently unreliable, but it has the ability to suck the cash out of your wallet if it does go wrong.  Personally I wouldn't buy one without a full BMW AUC warranty, but I appreciate this is now more and more difficult to do.

 

If I couldn't do that then the comment you make "These tend to have reasonable to good history, " would worry me, I would recommend only buying one with a 100% full and complete history and then speak to the last BMW to service the car to ask about it.

 

If you can find a reasonable example then they are a hoot to own.

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I agree with you all, few things I've noted:

 

1) There's a lot out their with a patchy history or ones with part BMWSH and I'm avoiding them like the plague. I really don't understand how someone can genuinely "loose" a service book to a £65k+ car. These are all about history.

 

2) There are very few left with a full BMW warranty left (1 on ebay as I write this) so they are rarer than hen's teeth. In lieu of finding one with a warranty I'm scrutinising history for clutches, throttle actuators and work on the SMG.

 

3) I will be using my local stealer for history on cars. Do BMW still have that central system where you could get everything they know about the car based on the chassis number?

 

4) I've noticed at least one car not originally bought through a UK dealer,  but was first supplied by a German dealer. Do we have a definite list of chassis numbers for these? I know the E39 started with the same 2 letters. ....dunno about the E60s

 

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Point (1) The main dealer serving our E34 540 manual lost the service booklet while the car was in for service during 2005 

                  So missing service history booklets can happen sadly.

Point (3) BMW do have a central base for their warranty  and service history .... But service details like mileage etc are normally kept at the 

                 dealer that has serviced the BMW concerned ... ( But are normally lost if the dealership changes ownership) 

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I'll throw my 2 pence in. Don't know how reliable the E60 M5 apart from what I have read so will not pass comment on that.

 

However, i'll give you advice from a different perspective. 

 

I'm a lawyer. I love to tackle car related claims (faulty products etc etc) They are not often, but I come across maybe 7 a year. Being an enthusiast, I jump at them from interest if anything else. 

 

This year I had 6 rejections on E60 M5's ranging from 2005 to 2009 cars. All sorts of problems (from complete engine rebuilds and warranty not accepting them to gearbox) from all sort of dealers, small indy to main BMW. I am shocked as to how problematic these can be and in one case, I saw someone spend £15k on the car and then a further £7.5k to fix within a month and still not usable. 

 

As lovely as they are, they seem to be way to plagued to own outside of a Fully Comp BMW warranty

Edited by sjak92

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4 hours ago, Derek Duvall said:

Warranty on a 60k mile car will be 3k plus. 

 

Yeah, I just found that out. ...ouch. That's considerably greater than my insurance so it's a bit of a punt. Five years of ownership and that's the value of the car again. Could get an F10 for that......or a Tesla :D

 

A damned good mechanic and a few thousand in the bank earning interest as an emergency slush fund might be a better option. Thankfully it's an option I can consider;  and I've never had much faith in warranty agreements at the best of times.

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22 hours ago, sjak92 said:

I'll throw my 2 pence in. Don't know how reliable the E60 M5 apart from what I have read so will not pass comment on that.

 

However, i'll give you advice from a different perspective. 

 

I'm a lawyer. I love to tackle car related claims (faulty products etc etc) They are not often, but I come across maybe 7 a year. Being an enthusiast, I jump at them from interest if anything else. 

 

This year I had 6 rejections on E60 M5's ranging from 2005 to 2009 cars. All sorts of problems (from complete engine rebuilds and warranty not accepting them to gearbox) from all sort of dealers, small indy to main BMW. I am shocked as to how problematic these can be and in one case, I saw someone spend £15k on the car and then a further £7.5k to fix within a month and still not usable. 

 

As lovely as they are, they seem to be way to plagued to own outside of a Fully Comp BMW warranty

Wish i had known you when i had my Octavia vrs it was sold to me with a faulty dual mass flywheel i fought skoda for 8 months, would never buy another the way head office staff treated me. 

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On 10/12/2017 at 7:55 PM, sjak92 said:

I'll throw my 2 pence in. Don't know how reliable the E60 M5 apart from what I have read so will not pass comment on that.

 

However, i'll give you advice from a different perspective. 

 

I'm a lawyer. I love to tackle car related claims (faulty products etc etc) They are not often, but I come across maybe 7 a year. Being an enthusiast, I jump at them from interest if anything else. 

 

This year I had 6 rejections on E60 M5's ranging from 2005 to 2009 cars. All sorts of problems (from complete engine rebuilds and warranty not accepting them to gearbox) from all sort of dealers, small indy to main BMW. I am shocked as to how problematic these can be and in one case, I saw someone spend £15k on the car and then a further £7.5k to fix within a month and still not usable. 

 

As lovely as they are, they seem to be way to plagued to own outside of a Fully Comp BMW warranty

Strangely enough, I recently watched an old edition of TG when Clarkson road tested a new E60 M5. Apart from the transformation when the M button was pressed, a thoroughly dire review. I was interested in the E60 once, not an M, until my BMW indie said all they did was go wrong!

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15 minutes ago, Loadmaster said:

Strangely enough, I recently watched an old edition of TG when Clarkson road tested a new E60 M5. Apart from the transformation when the M button was pressed, a thoroughly dire review. I was interested in the E60 once, not an M, until my BMW indie said all they did was go wrong!

Having owned 2 of these I can say that, somewhat unsurprisingly, Clarkson hammed this up to make the point. For example, sat nav woman is very simple to switch off, the indicators do self cancel, nobody does all the idiotic set up stuff he did and so on....

 

But still, it makes entertaining tv.

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I love my e61 M5. Great cars. Are they fragile? Not that much. There are enough specialists out there to get sensible prices on big jobs now.

 

Go for it, you'll love it.

 

cheers

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Late to the party but I purchased an 05 E60 M5 on 80K in January. Driven daily and it's been awesome.
I bought it from an indy and insisted on the crank shells being done as a precaution before I purchased it. Good thing too as when removed they look like they would have failed soon.  I really wouldn't buy one without this being done.

 

Other than that the only bill in the service history that seem out of the ordinary was for a new shark fin aerial. Let's face it, we know M ownership isn't going to be cheap we enter into these things.

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On 27/12/2017 at 5:26 PM, skeeterm5 said:

Having owned 2 of these I can say that, somewhat unsurprisingly, Clarkson hammed this up to make the point. For example, sat nav woman is very simple to switch off, the indicators do self cancel, nobody does all the idiotic set up stuff he did and so on....

 

But still, it makes entertaining tv.

 

This in spades.  I was expecting all sorts of things like this when I bought my E60..  None of it has happened.

 

I was always one of the ones harping on about warranty only.  Well I bought one without warranty.  Do I feel lucky?  Well, do ya?

 

Rod bearings are booked in to be done next month.  If nothing else it'll help it sell when I decide to move on from it, which may be a while as I literally just want to drive it 24/7.

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