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bigjim83
06-30-2012, 09:07 PM
:)Im looking into buying a 545i for $15,000 with 127,000.I drove it and im in love. Inside & out is flawless! my bank is gonna give me an extended warranty, does it sound like adeal?:dunno:

Arctic-Rodz
07-01-2012, 12:26 AM
I've read on other forums that the 545 V8 motors were problematic. Go 550i like I did.

bigjim83
07-01-2012, 12:28 AM
im gonna look into one.how does it run an any mods

550iMarine
07-01-2012, 06:24 AM
:)Im looking into buying a 545i for $15,000 with 127,000.I drove it and im in love. Inside & out is flawless! my bank is gonna give me an extended warranty, does it sound like adeal?:dunno:

Lots of better deals on craigslist if you are patient. This from just looking online after reading your post today.

http://washingtondc.craigslist.org/mld/cto/3101499784.html

http://baltimore.craigslist.org/ctd/3111438023.html <====6 sp manual

http://richmond.craigslist.org/cto/3045622981.html

http://richmond.craigslist.org/ctd/3073125684.html

Remember, this is a buyers market. Everyday the value of these cars are going down. Just wait until you find what you want. They are awesome cars!!

bigjim83
07-01-2012, 10:33 AM
You bimmer is nice! I like the black one, but the sliver 550i is for the price.I got a sister some where in that area, maybe i could have her check it out.Plans for any upgrades, turbo,supercharger,cold air intake?

etnav382
07-01-2012, 11:34 AM
You can't really turbo a 550, you can supercharge it tho. At the cost of about 15k tho. Don't buy any cold air intakes, they don't work on any non turbo BMW.

bimmerfan52
07-01-2012, 11:46 AM
:)Im looking into buying a 545i for $15,000 with 127,000.I drove it and im in love. Inside & out is flawless! my bank is gonna give me an extended warranty, does it sound like adeal?:dunno:

Sounds high.
I bought my 2004 545i with 76K miles for just over $15K in December 2011.
Was like new inside and outside with sport package and Logic7.
It also came with 4 months left on a bumper to bumper warranty (peace of mind).

TRS550
07-01-2012, 12:22 PM
A word of caution to the OP.

Being able to buy a 545 and being able to afford to drive it are 2 different things. You need to set aside about $2500 to $3k for repairs and maintenance items that are going to pop up very quickly on a high milage V-8.

If you buy the wrong car it will eat you alive in repair costs.

Even if you buy the right car...a high milage car is going to cost you roughly $1500 -$2k annually to keep it running properly once the warranty is gone. And on a car with 127K on it...the warranty is long gone.

bimmerfan52
07-01-2012, 04:14 PM
A word of caution to the OP.

Being able to buy a 545 and being able to afford to drive it are 2 different things. You need to set aside about $2500 to $3k for repairs and maintenance items that are going to pop up very quickly on a high milage V-8.

If you buy the wrong car it will eat you alive in repair costs.

Even if you buy the right car...a high milage car is going to cost you roughly $1500 -$2k annually to keep it running properly once the warranty is gone. And on a car with 127K on it...the warranty is long gone.

+1

If you are still considering buying it, first step is a thorough inspection by qualified Indie.

Second - what do the maintenance records look like? If they are available look for coolant system repairs (which may suggest the engine was over heated) or extended miles between oil changes, both of which are very hard on gaskets. The N62 4.4L has a bad gasket design to begin with, and doesn't need and help in leaking.

Third - can you do some wrenching yourself? Being able to do simple stuff like oil changes, air and cabin filter changes, trans and diff drain and fills, spark plugs and coolant system components (water pump, thermostat, hoses and expansion tank) helps save money you'll need towards the things you many not be able to do like difficult gaskets.

Kalil147
07-01-2012, 07:21 PM
Tell you the truth. 545s do have some issues, but mostly they are all maintenance. Any car with 70k+ miles will start leaking oil and coolant. Gaskets don't last forever. I have a 545i and replaced alternator bracket gaskets, valve cover gaskets, and the alternator. My mother drives the 750i and the valve cover gaskets, time cover gaskets were replaced at 60k. Alternator replaced at 65k. My 545i has about 71k miles and running like new. If you are looking for a 545i, make sure that the vcgs, alternator bracket gaskets were replaced. Coolant o-ring is another common problem which I have yet to experience. If you have the money for a 550i, get it. But the problems may persist. 545Is and 550s are bad ass cars. Good luck with your purchase!

bimmerfan52
07-01-2012, 07:57 PM
Tell you the truth. 545s do have some issues, but mostly they are all maintenance. Any car with 70k+ miles will start leaking oil and coolant. Gaskets don't last forever. I have a 545i and replaced alternator bracket gaskets, valve cover gaskets, and the alternator. My mother drives the 750i and the valve cover gaskets, time cover gaskets were replaced at 60k. Alternator replaced at 65k. My 545i has about 71k miles and running like new. If you are looking for a 545i, make sure that the vcgs, alternator bracket gaskets were replaced. Coolant o-ring is another common problem which I have yet to experience. If you have the money for a 550i, get it. But the problems may persist. 545Is and 550s are bad ass cars. Good luck with your purchase!

Don't get me wrong. I love my 545i. It is an absolute monster to drive.
And I had carefully researched 545's before buying so I knew exactly what I was getting into maintenance wise.

Two weeks before I bought my 545i the engine had been out for a lower timing cover gasket. The previous owner's dealer did every gasket on the entire top of the engine under warranty, including a new water pipe, alternator bracket gasket, valley pan gasket, valve cover gaskets, water pump gasket, upper timing chain gaskets, head gaskets, etc. So my mission now is mainly to keep the oil fresh and prevent it from overheating due to a cooling system failure. I will be proactively replacing the water pump and hoses soon.

But I don't agree with your statement that "any car with 70K miles will start leaking oil and coolant". I have driven Hondas, Toyotas, Nissans, Infinitis and Mazdas, all over 125K miles and most over 150K miles with never once a bad gasket. I have also driven two Porsches and a MB, all less than 75K miles and they all leaked oil or coolant before I sold them. Mind you, all of these cars, both Japanese and German were purchased new, and the maintenance done to exacting standards from day one.

The Japanese can learn from the Germans about how to build an exciting car to drive. And the Germans can certainly learn from the Japanese about how to build a reliable car.

bigjim83
07-01-2012, 08:27 PM
A word of caution to the OP.

Being able to buy a 545 and being able to afford to drive it are 2 different things. You need to set aside about $2500 to $3k for repairs and maintenance items that are going to pop up very quickly on a high milage V-8.

If you buy the wrong car it will eat you alive in repair costs.

Even if you buy the right car...a high milage car is going to cost you roughly $1500 -$2k annually to keep it running properly once the warranty is gone. And on a car with 127K on it...the warranty is long gone.

My bank offers an extended warranty also, so you think i would still out of pocket for other stuff?

bigjim83
07-01-2012, 08:33 PM
I have a 2003 tahoe 225,000 miles still runs like a beast, but gas is killing me :mad: Even if i baby it keeps drinking.MY truck needs AA lol

Jaycal3
07-02-2012, 08:11 AM
I got my 545 with 66k miles for $17k 2 years ago. Love it! I am at 100k now and it drives awesome.

550iMarine
07-02-2012, 09:23 AM
You bimmer is nice! I like the black one, but the sliver 550i is for the price.I got a sister some where in that area, maybe i could have her check it out.Plans for any upgrades, turbo,supercharger,cold air intake?

If this was for me, thank you for the compliment. My only plans are to put some rims on and just keep it simple. I love the clean lines on her and I love the way she performs. So nothing radical. Just some 20's and keep it moving. As far as the 550's on craigslist, as I said before, it's a buyers market. There is no reason to buy a 545i with that many miles when you can get a 550i with less miles for the same price. And trust me, you wont regret the extra ponies:thumbup:

bigjim83
07-02-2012, 09:58 AM
Out here in Colorado they are not as cheap as they are back east. Thanks for the ads. I'm checking on Craigslist always.

550iMarine
07-02-2012, 10:05 AM
Out here in Colorado they are not as cheap as they are back east. Thanks for the ads. I'm checking on Craigslist always.

Did somebody say "Road Trip"? lol. What better way to get to know your car than a 1000 + mile journey home? lol I bought mine in Jan for $12K. It had 104K miles on it. Since then I have driven to Cali twice, North Carolina Twice, South Carolina once and New York once. 27mpg highway, Logic 7 sounds and the smoothness of the drive making the miles melt away. Headed to North Carolina again this weekend. :thumbup:

bigjim83
07-02-2012, 10:12 AM
Sounds fun plus I could use a vacation. The 550s out here are high teens, low 20s. Is there a size difference between the 545 & 550?

550iMarine
07-02-2012, 10:38 AM
From what I have seen, the only difference is the engine. Some swear the 550i is more reliable. I dont know because I've never had a 545i. I can say that with all the miles I have put on my car, the only issue I've had so far was a battery issue. I replaced the battery but the battery died shortly afterwards. I jumped it, it worked fine until I had it registered during the battery cable recall. Then it would give me the high discharge error every time I started it. Then I would have to reset the time and date every time as well. The dealer said it was my fault for not buying a BMW battery from teh dealer. A member here suggested that I let the battery charge to 100% on a charger. I did that and have not had an issue since. Every since then, I've been rolling :rofl: everywhere, lol:drive:

racooper3
07-02-2012, 10:53 AM
Tell you the truth... 545Is and 550s are bad ass cars. Good luck with your purchase!

DITTO! I love my 2005 545 with only 45K miles ($17K). I have entire maint history from dealer, even after warranty expired. Make sure you check the transmission mechatronic sleeve. Don't let that thing leak and ruin your wiring harness. My harness was replaced 3 weeks before I bought car. Had the pan/filter replaced and did a BG tranny flush while doing the work. Absolutely no leaks anywhere at the moment and the thing is like a rocket sled on wheels. Would love to try 500hp+ M5/M6 but I am happy with this V8. :thumbup:

bigjim83
07-02-2012, 11:14 AM
We'll see wat happens this week. I was all in love withe Chargers but everyone wants or have one

bigjim83
07-02-2012, 12:13 PM
http://www.imperialautos.info/inventory/view/5001837/2004-BMW-5%20Series
http://denver.craigslist.org/ctd/3113879686.html
http://denver.craigslist.org/ctd/3092502437.html

550iMarine
07-02-2012, 12:31 PM
http://www.imperialautos.info/inventory/view/5001837/2004-BMW-5%20Series
http://denver.craigslist.org/ctd/3113879686.html
http://denver.craigslist.org/ctd/3092502437.html


Wow!! The cars out that way are really over priced. Suggest you get a cheap one way flight and get yours from the east coast, lol. Have someone from the board test drive it for ya before you head out.

cadillacbart
07-02-2012, 01:33 PM
THe last car ( at Weisco) has Dinan upgrades, rims, and exhaust work done. Plus its loaded. Id go talk to them and see if I could work a deal. Nice car!

bigjim83
07-02-2012, 01:45 PM
im trying to stay in a certain range,but i need a reliable car for a daily driver.im 6'3 300lbs. 545i is alil snug.the first time i drove it i was toooo excited.Getting in & out is alil iffy.I was ok driving.They showed me a 745li but im a wanna go fast kinda guy.

550iMarine
07-02-2012, 06:33 PM
im trying to stay in a certain range,but i need a reliable car for a daily driver.im 6'3 300lbs. 545i is alil snug.the first time i drove it i was toooo excited.Getting in & out is alil iffy.I was ok driving.They showed me a 745li but im a wanna go fast kinda guy.

I'm 6ft 270 and my 550i has plenty of room for me.

TRS550
07-02-2012, 08:04 PM
My bank offers an extended warranty also, so you think i would still out of pocket for other stuff?

Your extended warranty may cover stuff that breaks in the engine/drivetrain but a car with 127K on it is going to need maintenance items. No doubt the suspension will need rebushed soon. Likewise the coolant system will need an overhaul by the time you get to 150K. There is just going to be stuff that wears out over time and the parts to fix it are not parts for a $15,000 car, which is what you are paying for it. They are parts for a $60,000 car and if you want the car to stay running well you have to stay on top of it.

BMW's are expensive cars to own and maintain. Just no way to sugercoat that.

bigjim83
07-02-2012, 11:34 PM
Has anyone ever had to get there car tranny updated?