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E60 (2004 - 2010)
BMW 5-Series (E60 chassis) was first seen in the Unites States in the fall of 2003 with a 2004 Model Year designation. The E60 is now available as a 528i, 528xi, 535i, 535xi, 550i and a 535xi sports wagon! -- View the E60 Wiki

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  #1  
Old 11-11-2013, 06:02 PM
Michael201193 Michael201193 is offline
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Going from the 550i to the M5?

So I love my fully loaded 550i with the auburn interior but I crave more power. my question is: should i sell my car which has 103k miles and go to my car dealer friend and pick up an 07ish m5 with around 100k miles for around 20k. I know i would need to change out the rod bearings but is there anything else. Also In the future I might put an ess supercharger on it.
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  #2  
Old 11-11-2013, 06:52 PM
ArtchredTTU ArtchredTTU is offline
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You would have done your homework, you would have zero interest in an M5 with 100k miles. Hope you have at least 10 grand chilling in the bank for maintenance cost.
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  #3  
Old 11-11-2013, 07:02 PM
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Kamdog Kamdog is offline
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In short, no.

You know where your car has been. You don't know what that V10 has been through.

Go for an F10 550 and chip it if it isn't enough.
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  #4  
Old 11-11-2013, 07:23 PM
Michael201193 Michael201193 is offline
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I'm looking around ind i cant find anything other than the rear diff, turning the crank (if rod bearings started causing dmage), piston rings and the clutch. is there anything else?
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  #5  
Old 11-11-2013, 07:30 PM
ArtchredTTU ArtchredTTU is offline
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Quote:
Originally Posted by Michael201193 View Post
I'm looking around ind i cant find anything other than the rear diff, turning the crank (if rod bearings started causing dmage), piston rings and the clutch. is there anything else?
It's maintenance that cost, not just the major issues that M5 has. Something as simple as changing the cats cost 14k and no I'm not exaggerating lol. That will come around 110-120k.
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  #6  
Old 11-11-2013, 07:36 PM
Michael201193 Michael201193 is offline
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Is it something that can be done by myself? I have my university's full machine shop at my disposal and i have been trained with all the equipment
.
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  #7  
Old 11-11-2013, 11:28 PM
ArtchredTTU ArtchredTTU is offline
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Originally Posted by Michael201193 View Post
Is it something that can be done by myself? I have my university's full machine shop at my disposal and i have been trained with all the equipment
.
You can do it yourself but those cats will still cost you 12 grand lol. My point is, parts are extremely expensive. I cost money to drive such a car, so just be ready to open your wallet.
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  #8  
Old 11-12-2013, 05:54 AM
KLR4LIFE KLR4LIFE is offline
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Quote:
Originally Posted by Kamdog View Post
In short, no.

You know where your car has been. You don't know what that V10 has been through.

Go for an F10 550 and chip it if it isn't enough.

What's stated above is your best option, newer car with twin turbos and add a chip should keep you happy.
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  #9  
Old 11-12-2013, 09:34 AM
jim165 jim165 is offline
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...or just buy the ESS supercharger for your 550i...
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  #10  
Old 11-12-2013, 01:02 PM
Margal Margal is offline
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Quote:
Originally Posted by KLR4LIFE View Post
What's stated above is your best option, newer car with twin turbos and add a chip should keep you happy.
I do not like the turbo idea. I am not an expert in engines but to me turbo charged and chipped is more artificial compared to straight engines. and I do not think e60 m5 will cost a lot to maintain unless you track it regularly. If you are DIYer you should be good without braking the bank. M5 parts will cast more. I would say 1/4 more in cast with gas and maintenance then 545/550i e60.
The main idea is to find high mileage M5 that is not abused and that fits in your budget.
OP you already might know this one http://www.m5board.com/vbulletin/e60...ng-discussion/ if not than I think you will find a lot info to help you to make you decision.
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  #11  
Old 11-12-2013, 01:11 PM
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Keepittrill Keepittrill is offline
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Going from the 550i to the M5?

Buying a 100K car for 20K may seem like a great deal at the time, but maintaining it will NOT be fun.



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  #12  
Old 11-12-2013, 02:35 PM
MRV99 MRV99 is offline
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You need to do your home work before you embark down this path. With an M car, I would avoid trying to by a "low priced version" just to meet your budget and so you can say you have a M5. The second you purchase an M car, your cost of repair increases by at least 50% on most parts. The fact that it has a V10 also increases the cost on maintenance and engine repairs. If it has a SMG then be prepared for even more issues. Like stated above, you are not buying a 20k car, you are buying a 100K+ car along with the costs associated with a 100K+ car. Believe me, just because the car gets older the parts don't get cheaper. Usually with most BMW's you always want to buy the newest, lowest mileage car you can afford.
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  #13  
Old 11-12-2013, 02:41 PM
SuperTerp SuperTerp is offline
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Originally Posted by Keepittrill View Post
Buying a 100K car for 20K may seem like a great deal at the time, but maintaining it will NOT be fun.



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lol I was prepared for the costs and still facing getting hit all at once was not fun.

What I would have spent securing my e60 got me in an f10 m5.


This is what I was faced with an 88k mileage version of SMG at $23k

-900 rotors day 1 for fronts
-SMG tranny about to die (privately from techs I knew where I sold the car to after I got the f10 m5) = 14-20k replace
-Bushings most likely bad
-Spark plugs or Injectors needing to be done x10!!
Vanos x2 (2500 part can't buy cheap)
SMG pump 2500 part
Clutch and flywheel if you can escape a total overhaul of the tranny $5-8k

It sounds amazing and if you can get an ess vt2 on it it would be insane... but the SMG truly sucks.

Last edited by SuperTerp; 11-12-2013 at 02:45 PM.
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  #14  
Old 11-12-2013, 02:43 PM
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Keepittrill Keepittrill is offline
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Going from the 550i to the M5?

Quote:
Originally Posted by SuperTerp View Post
lol I was prepared for the costs and still facing getting hit all at once was not fun.

What I would have spent securing my e60 got me in an f10 m5.
Didn't you get rid of the E60 after like 12 days or something? Haha


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  #15  
Old 11-12-2013, 05:02 PM
Cre8 Cre8 is offline
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IMO keep the 550.

M5's are bad arse, no doubt but I don't think I could have as much fun in one knowing at anytime it could implode and could cost me more then the cars worth.
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  #16  
Old 11-12-2013, 05:26 PM
ArtchredTTU ArtchredTTU is offline
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Quote:
Originally Posted by SuperTerp View Post
lol I was prepared for the costs and still facing getting hit all at once was not fun.

What I would have spent securing my e60 got me in an f10 m5.


This is what I was faced with an 88k mileage version of SMG at $23k

-900 rotors day 1 for fronts
-SMG tranny about to die (privately from techs I knew where I sold the car to after I got the f10 m5) = 14-20k replace
-Bushings most likely bad
-Spark plugs or Injectors needing to be done x10!!
Vanos x2 (2500 part can't buy cheap)
SMG pump 2500 part
Clutch and flywheel if you can escape a total overhaul of the tranny $5-8k

It sounds amazing and if you can get an ess vt2 on it it would be insane... but the SMG truly sucks.
This sounds about right LOL... This is not meant for you but I wish people understood that when buying a specialty car, you have to realize there will be a specialty price for it. Just because you can afford a 7 year old M5 now, doesn't mean you'll afford running it.
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  #17  
Old 11-12-2013, 06:04 PM
Margal Margal is offline
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Quote:
Originally Posted by MRV99 View Post
You need to do your home work before you embark down this path. With an M car, I would avoid trying to by a "low priced version" just to meet your budget and so you can say you have a M5. The second you purchase an M car, your cost of repair increases by at least 50% on most parts. The fact that it has a V10 also increases the cost on maintenance and engine repairs. If it has a SMG then be prepared for even more issues. Like stated above, you are not buying a 20k car, you are buying a 100K+ car along with the costs associated with a 100K+ car. Believe me, just because the car gets older the parts don't get cheaper. Usually with most BMW's you always want to buy the newest, lowest mileage car you can afford.
This makes sense, however at the and you still spend same money on low or high mile cars. I can not afford to pay 40-50k to buy low mile M5 up front but 20-25k high mile fits in my budget. Keep it that's say 3-4 years and spent 6-7k a year to maintain it and you end up with same 40-50k. I am spending 3-4k a year to maintain my 8 year old 545i with 110k miles. If I same milage M5 that cost would be 6-7k. a year And I think that extra 2-3k is worth it. That is my plan once I depart from my 545.
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  #18  
Old 11-12-2013, 07:55 PM
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Keepittrill Keepittrill is offline
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Going from the 550i to the M5?

Quote:
Originally Posted by Margal View Post
This makes sense, however at the and you still spend same money on low or high mile cars. I can not afford to pay 40-50k to buy low mile M5 up front but 20-25k high mile fits in my budget. Keep it that's say 3-4 years and spent 6-7k a year to maintain it and you end up with same 40-50k. I am spending 3-4k a year to maintain my 8 year old 545i with 110k miles. If I same milage M5 that cost would be 6-7k. a year And I think that extra 2-3k is worth it. That is my plan once I depart from my 545.
All the best to you, if your heart is set on it. I truly hope you don't encounter any problems if you do end up going for it.

I think everyone should own an S85 at one point or another. I want mine to be in an E63 M6, but that'll be far in the future when I can easily afford rebuilding the engine and replacing the tranny.

Wait, you're not the OP. LOL

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