Nope. I'm no expert, but I think that was only a 2011 problem...? Mine's very immediate.
Originally Posted by CA540
Do you have the dreaded throttle tip in issue--lagging acceleration from standing start, then jumps forward too fast?
Make sure the test drive you take is in a fairly recent 550i and I think you'll be pleasantly surprised.
What FastMarkA says about the E39 being about the same size as a modern F30 is true. Definitely worth your time to check out both cars. I prefer the larger one for a bunch of my own reasons (like being 6'5"), but the F30s are great if you want a smaller one.
Current: 2012 550i - Jet Black - Black Leather - M Sport
Retired: 2002 540i - Jet Black - Black Leather - M Sport