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Dbp101
08-04-2012, 04:06 PM
Hi guys I'm 18 and debating between a 2004-2005 745i or 2005-2007 5 series since im liking the technology and features in both of them and have a budget around 15k. Which would you suggest?

MrKB2U
08-04-2012, 04:22 PM
I would go with the 5 series. I drive a 535xi and love it. 7 series to me is like a spaceship on wheels. A few more bells and whistles which could mean more maintenance. Plus if it's just you, the 7 series would be wasted space.

Dbp101
08-04-2012, 04:37 PM
Alright thanks I'll look into it and will still listen to others opinions

Munich77
08-04-2012, 06:03 PM
Not sure what kind of an E60 you can get for $15K - I would be concerned about maintenance costs. These things are expensive to maintain and repair.

bimmerfan52
08-04-2012, 06:58 PM
If you can spend more go for the 535.

If you shop carefully you might find a 2004 or 2005 six banger for around $15. But it is vital that you have a reserve kitty for unforseen problems (maybe $2.5-$4K), unless you are a really good wrench. Even then, major parts are expensive.

Check the maint history in addition to having the car inspected. Repair costs can swamp you quickly if you are on a tight budget.

Dbp101
08-04-2012, 07:05 PM
If you can spend more go for the 535.

If you shop carefully you might find a 2004 or 2005 six banger for around $15. But it is vital that you have a reserve kitty for unforseen problems (maybe $2.5-$4K), unless you are a really good wrench. Even then, major parts are expensive.

Check the maint history in addition to having the car inspected. Repair costs can swamp you quickly if you are on a tight budget.

I've been looking around and I'm forgetting about the 745 since its way to much to maintain yearly. My boss can get me a 535xi for cheap through the auction so I'm going to go with that.

DaIceCreaMan
08-04-2012, 08:34 PM
I've been looking around and I'm forgetting about the 745 since its way to much to maintain yearly. My boss can get me a 535xi for cheap through the auction so I'm going to go with that.

Get extended warranty if you can

Keith2000328i
08-04-2012, 09:56 PM
Get extended warranty if you can

+1

No warranty could bankrupt you on these cars unless your parents will help you out.

TLO03
08-04-2012, 10:49 PM
Abarth

phlfly
08-04-2012, 11:25 PM
Why do u want family sedan at your 18 y.o. I would go and by E46 M3 2004-2006 it's going about 15,000. Or you can try find 335i if you need 4 door car. Strange wish.
Another good buy would be AMG C55, it's very reliable car and should last more 200,000 with just little repair. But it's my 2 cents.

Dbp101
08-05-2012, 01:08 AM
Get extended warranty if you can

How much do they usually cost?

Arctic-Rodz
08-05-2012, 01:09 AM
Depends how much coverage you get... but about $3k+ for good coverage spanning 3+years 30k miles

Dbp101
08-05-2012, 01:15 AM
Why do u want family sedan at your 18 y.o. I would go and by E46 M3 2004-2006 it's going about 15,000. Or you can try find 335i if you need 4 door car. Strange wish.
Another good buy would be AMG C55, it's very reliable car and should last more 200,000 with just little repair. But it's my 2 cents.
First off I like the 5 series they are fast but also luxurious. Second You can't get a M3 that cheap in that year. Third you cant get a AMG c55 for 15k. Ik the type of car I want and I've done my research

Dbp101
08-05-2012, 01:17 AM
Depends how much coverage you get... but about $3k+ for good coverage spanning 3+years 30k miles

Oh alright I'll be sure to look into in when I get the car. What's the best place to purchase one from?

Arctic-Rodz
08-05-2012, 01:18 AM
First off I like the 5 series they are fast but also luxurious.

Fast? if you get the right 5 series

Dbp101
08-05-2012, 01:22 AM
Dude you don't need to tell me these things.. I've been doing my research all night.. I'm fine figuring out which car I want to get

Arctic-Rodz
08-05-2012, 01:26 AM
Dude you don't need to tell me these things.. I've been doing my research all night.. I'm fine figuring out which car I want to get

:rofl: so why post a thread asking for suggestions!? hahahaha

Dbp101
08-05-2012, 01:29 AM
If you read the thread you would see I didnt need your asss in here telling me this ****.. I've already gotten my help

Arctic-Rodz
08-05-2012, 01:56 AM
:loco:

phlfly
08-05-2012, 08:00 AM
First off I like the 5 series they are fast but also luxurious. Second You can't get a M3 that cheap in that year. Third you cant get a AMG c55 for 15k. Ik the type of car I want and I've done my research

535xi will not fast as you think.

Dbp101
08-05-2012, 08:26 AM
535xi will not fast as you think.

I know they are not super fast but it's fast enough for me

TRS550
08-05-2012, 12:49 PM
Well, I'm going to tell you what you don't want to hear, and then you can make up your own mind.

2004 was the second year for the E65. There were still a fair amount of electrical problems with the car in that model year. It is a rolling computer. Make that a 10 year old rolling computer, and it will cost some serious jack to own and maintain. I would avoid it like the plague. Unless you are a trust fund baby, an 04 E65 is going to bankrupt an 18 year old in a New York minute.

If you are intent on a 5er, then the newer the better. 04 and 05's will have more trouble than 06's and newer. Mine is an 07 and has been dead nuts reliable. But like a 7, a 5 still costs some coin to maintain and maintain properly. Again, if you have the financial means to do so, then have at it. But I get the sense you're an 18 yr old, making typical 18 yr old money, which is to say, not much, and I seriously question your ability to afford to drive this car.

Notice I didn't say afford to buy it. Anyone with $20K in credit can buy a used 5er. The question is can you afford the annual upkeep? That's your primary concern.

You going to college?

mjrbimmer335i
08-05-2012, 01:00 PM
^I would have to agree with this. Besides that, I'm 19 and wouldn't picture anyone my age in that kind of car. It says executive all over it, IMO. I just think you should consider other vehicles before you really sink into this unfitting money pit.

Dbp101
08-05-2012, 08:46 PM
Well, I'm going to tell you what you don't want to hear, and then you can make up your own mind.

2004 was the second year for the E65. There were still a fair amount of electrical problems with the car in that model year. It is a rolling computer. Make that a 10 year old rolling computer, and it will cost some serious jack to own and maintain. I would avoid it like the plague. Unless you are a trust fund baby, an 04 E65 is going to bankrupt an 18 year old in a New York minute.

If you are intent on a 5er, then the newer the better. 04 and 05's will have more trouble than 06's and newer. Mine is an 07 and has been dead nuts reliable. But like a 7, a 5 still costs some coin to maintain and maintain properly. Again, if you have the financial means to do so, then have at it. But I get the sense you're an 18 yr old, making typical 18 yr old money, which is to say, not much, and I seriously question your ability to afford to drive this car.

Notice I didn't say afford to buy it. Anyone with $20K in credit can buy a used 5er. The question is can you afford the annual upkeep? That's your primary concern.

You going to college?
Yea I plan on going to college and after seeing everything I might not even get a BMW. How much would you say a 2006 or 2007 528XI annual upkeep would be?

l1tech
08-05-2012, 08:55 PM
. How much would you say a 2006 or 2007 528XI annual upkeep would be?

That's really a loaded question as no one can predict what may or may not go wrong with the car but if you have to ask how much than chances are that it is more than you want to spend.

TRS550
08-06-2012, 08:58 AM
Yea I plan on going to college and after seeing everything I might not even get a BMW. How much would you say a 2006 or 2007 528XI annual upkeep would be?

It could be $500.

It could be $5000.

It depends on the shape the car is in and how well it's been maintained.

Here's the deal. In college, there are 4 things you need to be concerned with.

1. Your grades.

2. Where to score some beer.

3. How to get laid each weekend

4. Accumulating as little amount of debt as possible.

Nowhere on that list is a car, and while it might help with items 2 and 3, it is a definate deterrent to items 1 and 4.

The smart choice is....if you absolutely positively GOTTA HAVE A CAR IN COLLEGE.. find yourself a beater Honda or Toyota. Either will run forever, won't need hardly any maintainance other than oil changes, and when you do graduate and get a nice job, you sell it to a college bound freshman.

Ask me how I know all this stuff....;)

uwhusky
08-06-2012, 09:50 AM
I knew when I first read this post on the first day it was posted it would eventually turn in to a "18-year-olds shouldn't be driving used 5-series or 7-series" and here we are.

But...it's true. Unless you've got rich parents who buy you a BMW because they like seeing their kids driving around a BMW you probably shouldn't be owning one. I know plenty of kids in your situation but they're driving brand new BMWs their parents bought for them and I don't even think that's a good idea but I blame that on the parents.

If I were 18 YO and about to head to college and had to have a car, I'd be driving a used Honda Civic, period. They're reliable as hell, get great gas mileage, I wouldn't feel bad parking it in a college parking lot and so on. I sold my 2007 Honda Civic EX about 18 months ago for $15k. It had leather interior, was immaculate and actually a fun little car. Go find it and buy it or save yourself a few grand and find a 2002 for $7k.

heffdiddy
08-06-2012, 10:34 AM
doesnt everyone want one of the 18 years olds to come back on here in 2 years and let us know their opinions then. every one of them would be saying "man, i wish i would have spent half my budget on something cheap and banked the other half. beer is expensive!"

phlfly
08-06-2012, 11:37 AM
Sometime I have these thoughts even now. Because as getting older priorities changing, a nice car is nice to have, but would be nice to have extra 200-300 bucks a month just something else.

Master Pierre
08-06-2012, 11:39 AM
Buy yourself a 2006 honda accordd

mjrbimmer335i
08-06-2012, 03:34 PM
doesnt everyone want one of the 18 years olds to come back on here in 2 years and let us know their opinions then. every one of them would be saying "man, i wish i would have spent half my budget on something cheap and banked the other half. beer is expensive!"

I'm 19, gotta wife and kid, I'm going to school and I have a great paying job. I definitely have to admit that I regret buying any car over $30k. Now I'm strapped and would love to move but I can't because I have $1,400 in car payments a month. It's worth it but not at this point.

Munich77
08-06-2012, 06:57 PM
I'm 19, gotta wife and kid, I'm going to school and I have a great paying job. I definitely have to admit that I regret buying any car over $30k. Now I'm strapped and would love to move but I can't because I have $1,400 in car payments a month. It's worth it but not at this point.

$1400!?! wow that is rough - I could not imagine having that as a car payment.

mjrbimmer335i
08-06-2012, 07:10 PM
It's for my truck and the wife's BMW though.

chelseafc
08-07-2012, 08:50 AM
Yea I plan on going to college and after seeing everything I might not even get a BMW. How much would you say a 2006 or 2007 528XI annual upkeep would be?

Less than a 550i, but you've contradicted your statement about being fast. The 528 won't get out of its own way.

chelseafc
08-07-2012, 08:50 AM
I'm 19, gotta wife and kid, I'm going to school and I have a great paying job. I definitely have to admit that I regret buying any car over $30k. Now I'm strapped and would love to move but I can't because I have $1,400 in car payments a month. It's worth it but not at this point.

And hence the destruction of America's future wealth continues.

chelseafc
08-07-2012, 08:52 AM
If I were 18 YO and about to head to college and had to have a car, I'd be driving a used Honda Civic, period. They're reliable as hell, get great gas mileage, I wouldn't feel bad parking it in a college parking lot and so on. I sold my 2007 Honda Civic EX about 18 months ago for $15k. It had leather interior, was immaculate and actually a fun little car. Go find it and buy it or save yourself a few grand and find a 2002 for $7k.

I had a '87 Toyota Pickup 4x4 Xtra cab 5 speed 4 banger in high school and college and i loved that thing. I think it cost me $4,500.

mjrbimmer335i
08-07-2012, 12:05 PM
And hence the destruction of America's future wealth continues.

"hence" I've got inheritance, I'm not buying **** I just plain couldn't afford if something were to happen to me. Way to be arrogant.

chelseafc
08-08-2012, 12:34 PM
"hence" I've got inheritance, I'm not buying **** I just plain couldn't afford if something were to happen to me. Way to be arrogant.

I give up.