I’ll quote it and wait to find a 2006 with 100k in late December next year.
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[quote=“cougarspeed”"]
COOL STORY RON HOWEVER IT DOES NOT EXIST! lol The statement was 5 years. Next year a 2006 will not be 20-30k. Sorry
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Based on desire to prove Cougarspeed wrong I have been watching prices of E60 M5’s. Funny enough, when I clicked the link he created there was a car available today. Long before my December deadline.
Since I did not create this thread just to advise Cougar of his inaccurate estimate of used car values. School me on the do’s and don’t to buying an E60. From what I have read avoid 2006’s due to electric issues and the 6 speed leaves a lot to be desired and the 7-speed SMG blows up around 50k.
Other than that the V10 make a glorious note and smiles for miles.
I have been watching the prices of certified 2008 and 2009’s and the prices are less than what I would pay for a 2009 CTS-V.
So feel free to educate me.
Also provide any other vehicles you would consider for $50ish with 3 years of factory coverage (I don’t want the buy a 2006 911 turbo and VSC discussion).
Currently considering CTS-V and M5. Leaning towards the V if I can find a MT6, navi and recaros for a reasonable price, but due to the fact the majority of V’s are auto’s the manuals are pulling a premium in the used market. Match that with a lack of off lease vehicles since there was no GM leasing in 2008 the prices are holding like a champ. I don’t want to take the depreciation bath once the supply rights itself.
The maintenance costs on M5’s really scare the piss out of me. Other than that, I think they’re great and I would consider owning one. Probably one of the few cars where I would take the paddle-shift over the manual clutch.
In reality I just bumped the old thread with updated pictures of the F10 M5. I scrolled through the old thread and saw the link and clicked it.
At the same time I have been hunting for a new car and these have at least peaked my interest.
New one looks great! I honestly haven’t looked much aside from when I was car shopping a few months back. But I was only trying to spend around 30k with 2yrs of warranty minimally so it ruled out the M5. I am sure you can get one for close to 30k now a days if you didn’t mind a high mile one though. I just don’t have it in me to own multiple cars that I might need to work on.
2006’s are really really really awful cars. Trans sucks, interior is fucking AWFUL, onboard electronics fail, and look like shit. I could go on and on. The only good part about the first model year cars is the engine… which every other non fail model year has.
2007+ models are good, 2010+ are fantastic. But the E60 is definitely the step child in the 5 series family. F10 takes it back to where it should be, styling, interior, and the way they drive.
From what I look at and what I would “want” to own, 2007’s are 40-45K ish. I am not really sold that much over my current 335i in terms of general looks and low end tq.