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E39 M5 (1998-2003)

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  #1  
Old 12-05-2010, 12:18 PM
papaq101 papaq101 is offline
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2002 BMW M5 first car

i was referred to this site for BMW information and because i was looking for a BMW of my own and didnt wanna get screwed over i decided to join. BMWs have been some of my favorite german cars and i have always wanted an m5. i was wondering if i could get some advice about buying a used 2002 m5. i found some good prices where my dad lives and was wondering the facts i would need for a successful first car. any help is appreciated!
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  #2  
Old 12-06-2010, 02:20 AM
TerraPhantm TerraPhantm is offline
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I'm young myself, but I think I'd be dead if I had an E39 M5 as my first car - that kind of speed is just too tempting at that age. Most people who know me always thought of me as very sensible for my age fwiw. Granted at the time I didn't have enough money to buy an M5 (or even an M3)

Disregard this post if you're not a teenager
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  #3  
Old 12-06-2010, 07:13 AM
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Go to M5board.com and search the forum there. THe M5 is expensive in upkeep, but what mistress isn't?
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  #4  
Old 12-06-2010, 12:16 PM
papaq101 papaq101 is offline
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some people said even a 540i is too much car for a 16 year old, but i race a lot anyways and have taken both my dads c300 4matic and a 2010 e350 4matic to their limits. i know a lot about car control and have good experience behind the wheel, but theres always lacking something in mercedes, unless we are talking about amg, however. once i buy the car, ill have 7k to do whatever i want with. any suggestions?
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  #5  
Old 12-08-2010, 12:05 PM
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I worked 40 hours a week at a body shop in high school and saved up for my dream car- 2001 e39 m5 with 64k miles. The car is a beast and if you don't have self control to drive it then for your sake and ours, don't buy it.
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  #6  
Old 12-09-2010, 06:16 PM
Aijay's X5 Aijay's X5 is offline
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What kind of advice are you looking for? I own a 2002 M5 and have had it for almost 4 years now. post specific questions you have and we'll go from there.
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  #7  
Old 12-09-2010, 06:20 PM
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dalekressin dalekressin is offline
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Quote:
Originally Posted by firehire View Post
Go to M5board.com and search the forum there. THe M5 is expensive in upkeep, but what mistress isn't?
This is good advice.
E39 M5 is quite repairable.
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  #8  
Old 12-25-2010, 11:36 PM
TerraPhantm TerraPhantm is offline
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Quote:
Originally Posted by papaq101 View Post
some people said even a 540i is too much car for a 16 year old, but i race a lot anyways and have taken both my dads c300 4matic and a 2010 e350 4matic to their limits. i know a lot about car control and have good experience behind the wheel, but theres always lacking something in mercedes, unless we are talking about amg, however. once i buy the car, ill have 7k to do whatever i want with. any suggestions?
E39 M5 (and even a 540i) cannot be compared to a C300 and E350, especially 4matic models. Even my ZHP can get you in more trouble than those cars. The fact that you say you "race a lot anyway" tells me you aren't ready to handle the beast.
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  #9  
Old 02-08-2011, 04:53 PM
sobranbran sobranbran is offline
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Quote:
Originally Posted by TerraPhantm View Post
E39 M5 (and even a 540i) cannot be compared to a C300 and E350, especially 4matic models. Even my ZHP can get you in more trouble than those cars. The fact that you say you "race a lot anyway" tells me you aren't ready to handle the beast.
this.
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  #10  
Old 02-22-2011, 05:49 AM
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DennisCooper! DennisCooper! is offline
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Hi Papaq

At 16 years old, no matter how good you think you are, you've not got anywhere near enough experience of real world driving nor the same in a very high powered, extremely fast car. I may be completley wrong, and you may be an experienced junior driver in various track circuits and competitions.

A 540i is also way too much for a 16 year old as well, if it 'must' be a BMW then get yourself an E30 318i and learn a rear wheel drive car's handling dynamics and then upgrade over time as you gain experience. Over here in the UK, I'd say most of us, including non enthusiast's may have started driving on a 1.1 or 1.3 litre front wheel drive car and upgraded over time. In 1990, when I passed my test, some friends got VW Golf (rabbit in the USA) GTi's and within a few months they were wrapped around trees or light poles. Nowadays, giving a 16/17 year old a 400 bhp missile is almost asking for trouble. I'm assuming for a second that it'll be your dad that buys the car and will be paying for the relatively high maintenance costs and insurance ? if not, would you mind telling us what you do for a living at this young age to be able to think about running such a car?!

Please have a good think about going for an M5, get all insurance quotes, and ensure you set aside a fair amount for maintenence and repairs preferably by using a monthly budget plan to ensure it all works well.

cheers, Dennis
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  #11  
Old 02-23-2011, 04:10 PM
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MidnightBlue528 MidnightBlue528 is offline
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How can you say your are an experienced driver and that you can handle an m5, when you say that you race A LOT? Assuming you are talking about illegal street races, that just says that you are Definitely not ready for an m5, let alone a car at all. Even if you actually are a mature and at least not a dangerous driver, at that age 400hp is way too tempting especially for someone who has already gotten speed and racing in their blood.
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  #12  
Old 03-23-2011, 09:28 PM
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AndyAirForceE36 AndyAirForceE36 is offline
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Hi. I sold my e36. And am now looking at getting into an e39 m5 also! However, I have owned plenty of fast cars(85' s10 w/400 stoker, 91'gtr, 95'gtst, 94' firehawk. 87' m. Carlo w/383.) I'm 22. I've been racing cars, dirt bikes, go karts, and recently quads. And no offense, but at 16 you are never ready for 400hp! I don't care if you're Michael schumachers kid. At 16 you have 26 yr old friends eggin ya on to do stupid sh?t. Girls you'll want to try to impress, etc... You will get hurt I promise. My first car was a 87' Monty Carlo w/ 383 and turbo400. I had it for 2 weeks b4 I totaled it. Then got an 85' s10 and tried beatin on all the mustangs again nearly died. There is way too much temptation when you are young and feel like nothing can touch you. I'd say get an e30 or an e36. Something w/ a manual gearbox. Take yourself to a huge empty parking lot in the rain and let loose. Cuz If you can control a vehicle as light and agile as an e30 or e36 in the rain on an uneven surface while soon stupid crap for a couple of years you'll live long enough to buy an m5 and use it responsibly. Don't be like me and wreck 3 cars before you realize that the real world isnt a perfectly flat traffic less parking lot. about a month ago here in south Florida we(bimmerfest) lost a fellow member. Due to over confidence and under experience. I'm sure most of you saw that e92 m3 that was split in 2 pieces by the palm tree and exploded. All I'm saying is. It's cool to have a fast car, but it's not cool to put your life or others in danger just to see if you can drift that corner you saw on your way to school, cuz chances are you over correct go into the oncoming lane and kill a soccer mom and her 2 kids.
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  #13  
Old 03-24-2011, 11:18 AM
A white m3 A white m3 is offline
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I agree with everything said here. An m5 is a sick car by all means, but its obviously way too much car for you... I got tons of speeding tickets in my dads 88 635csi with race suspension and probably came close to dying, now that I have learned my lesson as a stupid kid in my own car, I now have a 535i 5 speed and its easy to go out in that thing and get it sideways here and there, but responsibly, at the track or a far away open lot with nothing in the way. When you say "I race alot" sounds like your not part of any league or track racing, at 16, an m5 is NOT the car for you... it not a first car for ANYONE. like others said go get an e34 or a e36 and learn to have fun in that, don't go straight to an m5 or even an m3 or you'll kill your self.

guaranteed.

Also if your following right behind the next person in front of you(ie. less than 3 seconds away, as provided by the law, then your also not ready)

give it some time, an m5 is a mans car. You just simply are NOT a man.
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  #14  
Old 04-19-2011, 08:02 AM
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NASCAR driver Kyle Busch and many dirt track and F1 drivers could probably handle an M5 when they were sixteen, but even they wouldn't have had any driving experience on public roads.

You can't legally exceed the speed limit, you can't dig into the apex of a corner when you're on the outside lane--in other words, you can't legally cross the center line--and you have to learn even greater patience than race car drivers need to learn.

Sady, you need to get old enough to where this kind of car scares you, because if you even begin to explore the capabilities of this car on public roads, you will likely die.
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  #15  
Old 05-17-2011, 07:35 AM
zhan zhan is offline
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the question is really... do you want to die at 16?
if no, then get a 325ci e46.
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  #16  
Old 05-17-2011, 09:18 AM
zhan zhan is offline
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Quote:
Originally Posted by TerraPhantm View Post
E39 M5 (and even a 540i) cannot be compared to a C300 and E350, especially 4matic models. Even my ZHP can get you in more trouble than those cars. The fact that you say you "race a lot anyway" tells me you aren't ready to handle the beast.
+1
and if you must have the m5 and got $7000 to put on top of it then you should either buy a better condition M5 or put $7000 all into preventative maint...
The m5 is a cruel mistress

but then you are 16, buy a piece of sh!t beat up m5 so you dont ruin a legitimate m5 with all the dumbass tuner mods

Last edited by zhan; 05-17-2011 at 09:21 AM.
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  #17  
Old 05-23-2011, 11:38 AM
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SOOO much torque!!! mine puts a big smile on my face everytime it hits 3800 rpm, 370 lbs This car is expensive to maintain, it should not be purchased by an enthusiast only! Mine has never broken down and I always do preventative maintnence which is key with the M cars. Every single freakin day I am doing something to it but that is only because I have a true passion for cars and I love working on them. Its a lot of car to handle. M5board is a great website with tons of awesome info ( of course im a member). Dont buy this car if your not going to truly appreciate it and maintain it.
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  #18  
Old 06-27-2011, 09:56 AM
tank1331 tank1331 is offline
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im now turning 25 and i had an 01 540i 6 speed and i got into a lot of trouble wit it luckily i never hurt myself but it was a lot of power at my feet and i reguraly hit 150+ in the car now that i am 2-3 yrs older and alot of money in tickets lighter i would never suggest to any one to purchase an m5 for there first car wetther u r 16 or forty the 540i i was simply alot of power and i can not wait to own my first m5 but it will not be my first car it wont be my first car capable of doin 150 and it wont be my first rear wheel drive car and i hope for ur own sake ur father knows what u r tryin to get ur self into
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Old 06-27-2011, 10:58 AM
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To the OP... see the post I adressed to another joung person who was debatting between 135i and M3...


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  #20  
Old 07-10-2011, 01:12 PM
andyffer andyffer is offline
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Quote:
Originally Posted by papaq101 View Post
some people said even a 540i is too much car for a 16 year old, but i race a lot anyways and have taken both my dads c300 4matic and a 2010 e350 4matic to their limits. i know a lot about car control and have good experience behind the wheel, but theres always lacking something in mercedes, unless we are talking about amg, however. once i buy the car, ill have 7k to do whatever i want with. any suggestions?
I was looking at a beautiful M sport 540i as my first car and this damn mechanic convinced my father it was too much power for a kid. I would not be surprised if he went out soon after and bought that beast; it was in such great condition, low miles, yada yada.
I ended up with a 530 that I am perfectly happy with but it is god damn slow. Half of the time I drive now is with the 335d, I ordered a chip and this f*cker flies. Fast. 500+lb tq 308whp..
I have not received even one speeding ticket, have not come anywhere close to getting in an accident, and yet have had so much fun and have done well over the speed limit (over 2x in some cases). Granted on paper going 2x the speed limit does not sound safe but obviously they dont know the conditions.
Point is, yes it is very possible for you to race on busy streets, drive wrecklessly, etc. but you can also have the same amount of fun in different, safe conditions. You can be smart about it and not kill yourself, or more importantly, others.

Right now though, as it reads in that post, you won't choose the safe method. So thank god I live elsewhere. If you do get an M5, take a performance driving course and really get the most that you can out of the car.

PS.. and idea for maintenance: I have done all the scheduled maintenance, it had been pampered before me, and yet when I took it in for a general inspection they came back to me with a disheveled look on their face and a packet of papers that said for everything to be fixed by them it would cost $11,000. Disregarding brakes and tires it needed, the quote in parts alone was close to $7k. You better had been investing that $7k you have if you want an M..

I am too looking for an M5 now btw
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Last edited by andyffer; 07-10-2011 at 01:19 PM.
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  #21  
Old 03-27-2012, 02:16 PM
richardcoelho richardcoelho is offline
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An M5 is wayyy too much car for you..sorry, at most ill get a 540i and even that is pretty damn fast!
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  #22  
Old 03-27-2012, 02:27 PM
Docta Boom Docta Boom is offline
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im 19 and I got myself a 540i, I maintain it myself and buy parts with my own money. But I regret alot of stupid things I've done with this car, pushing it to its limit, driving through traffic like a maniac, and just showing off in front of friends, luckily havn't done anything to serious. Also hurts my wallet a bit for a 19 year old lol. If you want an M5 you should buy it, but it might be something you regret if you go overboard with it. In the end, its you're or you're fathers money so its up to you
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  #23  
Old 03-29-2012, 11:10 AM
Turbo_525 Turbo_525 is offline
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Quote:
Originally Posted by DennisCooper! View Post
Hi Papaq

At 16 years old, no matter how good you think you are, you've not got anywhere near enough experience of real world driving nor the same in a very high powered, extremely fast car. I may be completley wrong, and you may be an experienced junior driver in various track circuits and competitions.

A 540i is also way too much for a 16 year old as well, if it 'must' be a BMW then get yourself an E30 318i and learn a rear wheel drive car's handling dynamics and then upgrade over time as you gain experience. Over here in the UK, I'd say most of us, including non enthusiast's may have started driving on a 1.1 or 1.3 litre front wheel drive car and upgraded over time. In 1990, when I passed my test, some friends got VW Golf (rabbit in the USA) GTi's and within a few months they were wrapped around trees or light poles. Nowadays, giving a 16/17 year old a 400 bhp missile is almost asking for trouble. I'm assuming for a second that it'll be your dad that buys the car and will be paying for the relatively high maintenance costs and insurance ? if not, would you mind telling us what you do for a living at this young age to be able to think about running such a car?!

Please have a good think about going for an M5, get all insurance quotes, and ensure you set aside a fair amount for maintenence and repairs preferably by using a monthly budget plan to ensure it all works well.

cheers, Dennis
Honestly - this has to be the best worded, most well stated post I have ever read on Bimmerfest.

I think the O P got the message - hopefully he took this boards' advice. Shoot I'm over double his age and wonder if I could "handle" an M5 even after several BMWCCA driving schools and a few SCCA autocross runs. Maybe a 1990 Miata and a SCCA memebership would help him (and lots of us too) just how much fun a little 100 hp car can really be!
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  #24  
Old 04-05-2012, 06:15 PM
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MikesE39 MikesE39 is offline
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An e39 M5 at 16??? man you got it good. i got my 03 530 at 17 and thought it was fast. iv had it for a little now and every time i get in it gets slower and slower. if you want my advise. just get a 540 M sport. they look like M5s and fast as hell. even if the m5 and 540 were same speed having an M5 will still get u in allot of Sh*t just because you will think you are the sh*t and can do anything.
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  #25  
Old 07-22-2012, 11:33 PM
mgreenlee mgreenlee is offline
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Im 17 and I have (yes me, not my father) an E39 M5 (2001) and let me tell ya, its one hell of a machine! I love mine to death but please take my advice and HAVE IT LOOKED OVER before purchase. Mine needed a lot of work but most of it will get done tuesday. I will hopefully post pictures of mine on here soon just make sure it gets looked over.

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