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Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 5 Series > E60 / E61 (2004 - 2010)

E60 / E61 (2004 - 2010)
BMW 5-Series E60 Sedan was first seen in the Unites States in the fall of 2003 with a 2004 Model Year designation. The E61 wagon followed shortly there after. The E60/E61 5 series 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 03-06-2015, 02:25 AM
trini8ed trini8ed is offline
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Location: Salem
 
Join Date: Mar 2015
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Mein Auto: BMW 545i
Question BMW 545i 2005 Good Price?

I have been trying to shop for some 545i's whats a good price I saw one with 82k miles on craiglist listed for 10,000 in really good shape going to take it out. What price should I be aiming for for 150k mile 545i and ones below 100k?

In salem oregon btw

Also and advice?
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  #2  
Old 03-06-2015, 05:30 AM
Caesonia Caesonia is online now
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Location: Va
 
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Posts: 665
Mein Auto: 2010 528i
Quote:
Originally Posted by trini8ed View Post
I have been trying to shop for some 545i's whats a good price I saw one with 82k miles on craiglist listed for 10,000 in really good shape going to take it out. What price should I be aiming for for 150k mile 545i and ones below 100k?

In salem oregon btw

Also and advice?
If you look at the top of this forum, yoou will see a couple of stickies loaded with information on these cars. So you bought an E60, and the transmission threads are key reads.

These cars have their good and bad moments, and they can be expensive. But they are a brilliant driving experience. My sister and brother and father have all had very dependable rides in their BMWs over the years, mine was trouble free for the first 4.5 years of it's life, and is now in for transmission issues, fortunately under warranty.

As with any used car a PPI is critical.
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  #3  
Old 03-06-2015, 10:50 AM
Crusher103 Crusher103 is offline
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Location: Durham
 
Join Date: Aug 2013
Posts: 59
Mein Auto: 545i
Here is what you should do turn it on let it warm up, then let it idle for about 15-20mins. Come back and Rev it hard if a cloud of blue smoke comes out, Walk away. Everything else is trivial compared to that issue.
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2004 545i
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1996 Infiniti I30t aka Big Black.
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  #4  
Old 03-06-2015, 11:29 AM
boost7 boost7 is offline
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Mein Auto: 05 545
Although the car might be cheap to obtain, getting things fixed on them will not. So it might sound like a good deal up front, just be prepared for oil leaks, transmission issues, central valley coolant pipe and any electric gremlins. If you are mechanically incline and love diy ... then it won't be that bad.
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  #5  
Old 03-06-2015, 05:36 PM
cmyachtie cmyachtie is offline
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Quote:
Originally Posted by boost7 View Post
although the car might be cheap to obtain, getting things fixed on them will not. So it might sound like a good deal up front, just be prepared for oil leaks, transmission issues, central valley coolant pipe and any electric gremlins. If you are mechanically incline and love diy ... Then it won't be that bad.
+1
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1998 528i, 5 spd manual, black on black non DSP. SOLD @348Kkms and still going strong.
My previous rides worth mentioning:1970 GTO "The Judge",1985 325e M3lite, Euro BMW +
1998 323Ti, in Munich, Germany on the autobahn for 1 yr
Now back in Halifax, Nova Scotia,via Ottawa Canada.
, my daily driver
2004 90Kkms 545i.... Aux+SB Chime+Dig speedo+iDrive discl. Coded+BT MOD.Added.
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  #6  
Old 03-06-2015, 07:35 PM
Leekay07 Leekay07 is offline
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Location: Stillwater NY
 
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Mein Auto: X5 35D, Former X1 and 335
I just paid 14,000 for a 545i 2005 with 76,000 miles.

I bought it from a local dealership. I thought I was nuts. But I pulled the engine covers today and checked the back of the engine block for oil leaks. Cant see any. The front of the engine is clean but it does show its had some coolant leak in its recent past the top hose has oily green residue on it.

Its already been in the shop after day 4 for sticky secondary air valve and the 12v power cable had to be replaced. All on the dealers dime.

I am buying an extended warranty I think its 3800 including coverage for separate gaskets and seals. 3 years 36,000 miles.

The tranny sucks in 10f and below weather but this reminds me of how my Subaru used to be in very cold weather. I just had a day with 30 degree weather and the tranny was totally different. I asked the dealer to change the fluid but they told me they never change fluid even when I offered to pay.
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  #7  
Old 03-07-2015, 09:34 PM
My545i My545i is offline
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Location: NYC
 
Join Date: Jun 2014
Posts: 321
Mein Auto: 2004 BMW 545i
Quote:
Originally Posted by Leekay07 View Post
I just paid 14,000 for a 545i 2005 with 76,000 miles.

I bought it from a local dealership. I thought I was nuts. But I pulled the engine covers today and checked the back of the engine block for oil leaks. Cant see any. The front of the engine is clean but it does show its had some coolant leak in its recent past the top hose has oily green residue on it.

Its already been in the shop after day 4 for sticky secondary air valve and the 12v power cable had to be replaced. All on the dealers dime.

I am buying an extended warranty I think its 3800 including coverage for separate gaskets and seals. 3 years 36,000 miles.

The tranny sucks in 10f and below weather but this reminds me of how my Subaru used to be in very cold weather. I just had a day with 30 degree weather and the tranny was totally different. I asked the dealer to change the fluid but they told me they never change fluid even when I offered to pay.
Congratulations I got mine for 15 with 57K miles on it. I love it. Very smart to get the warranty except it is kind of high. I paid 2600 for mine with the same coverage. Also take it Bmw service station when your done with being under the dealers warranty you got it from because Bmw gives you a brand new loaner when you need to get out fixed which is kind of cool. I had 10k worth of work done to it and it cost me 300 outta pocket with the warranty so good thing for the warranty

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  #8  
Old 03-07-2015, 09:52 PM
Leekay07 Leekay07 is offline
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Location: Stillwater NY
 
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Mein Auto: X5 35D, Former X1 and 335
Who did you get your warranty through.
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  #9  
Old 03-07-2015, 10:31 PM
My545i My545i is offline
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Location: NYC
 
Join Date: Jun 2014
Posts: 321
Mein Auto: 2004 BMW 545i
Quote:
Originally Posted by Leekay07 View Post
Who did you get your warranty through.
American Guardian

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  #10  
Old 03-08-2015, 06:33 AM
Caesonia Caesonia is online now
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Location: Va
 
Join Date: Mar 2014
Posts: 665
Mein Auto: 2010 528i
Quote:
Originally Posted by My545i View Post
Congratulations I got mine for 15 with 57K miles on it. I love it. Very smart to get the warranty except it is kind of high. I paid 2600 for mine with the same coverage. Also take it Bmw service station when your done with being under the dealers warranty you got it from because Bmw gives you a brand new loaner when you need to get out fixed which is kind of cool. I had 10k worth of work done to it and it cost me 300 outta pocket with the warranty so good thing for the warranty

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I am beginning to the think I should have gone with an older one and spent the xtra money on a warranty. I almost b ought one in Tenn. But it was actually not easy to find a nicec one with lower miles, at least a 528i. I think I had been looking for 6 months?

But I am hoping I got through the worst of what issues I am going to have. I have never nought a used car that did not need something.
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