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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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Old 09-24-2012, 10:43 AM
tonyat 128bmw tonyat 128bmw is offline
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Location: boston
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Mein Auto: 2006 bmw 550I
New Member with 2006 550I

Hello everyone, I have an 2006, 550I with about 112,000 miles and have had no problems except normal wear and tear tires, brakes and battery. I am trying to decide if I should keep it or sell. I love the car but am afraid the other shoe is going to drop and everything is going to start to go. Can anyone give me some insight? Thanks

Last edited by tonyat 128bmw; 09-24-2012 at 10:45 AM.
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Old 09-24-2012, 11:07 AM
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AndrewZ AndrewZ is offline
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Mein Auto: Dirty-Thirty
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Old 09-24-2012, 11:16 AM
ModBargains III ModBargains III is offline
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Location: La Habra, Ca
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Welcome to the forums! Of course owning a BMW can be a bit tough at times, of course if you decide to keep the car, and you want to save some bucks on the replacement parts you require like those brakes that tend to fade out, you can always go with aftermarket parts to soften the below to give yourself a more enjoyable experience, and often you'll see better performance out of it. Typically when I myself consider getting a new car, I'll consider the lesser expensive route, making the car more fun, by considering a purchase in the aftermarket for parts, to enjoy the car more. Maybe a set of wheels, or something similar would due the trick, but to soften the blow on brakes, maybe consider these overall:

Centric 120 BMW E60 E-Coated Rotors

I hope that helps out!

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Old 09-24-2012, 12:24 PM
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Oceans10 Oceans10 is offline
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Mein Auto: BMW 535i + 535XI wagon
if you are happy with the car, then I would keep it. With that mileage you will not get a good price, and the delta between sales price and acquiring a new (used) car is likely far more than it would cost to keep it running a few more years.
Some things to look out for are the engine cooling pump and the A/C system. Also transmission and leaky head gasket on the engine.
just keep an eye on these things and be proactive on maintenance and preventive maintenance. Like spark plugs, frequent oil changes. I would definitely do a tranny fluid flush and check the valve sleeve. Check the suspension, especially the front bushings.
The car is not gonna blow up on you just because it has 118k miles on it, but you can stay ahead of many problems by paying attention to the car's health. A good independent shop woulkd be a key ally in this. Be prepared to spend a few Gs the next couple of years, it's a relatively small investment considering the alternative of ditching it.
It's a great car, enjoy it!
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Old 09-25-2012, 10:32 AM
tonyat 128bmw tonyat 128bmw is offline
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Location: boston
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Mein Auto: 2006 bmw 550I

Oceans, thanks for the advice it definitely makes sense. I've always wanted to keep a car to 200,000 miles here is my opportunity!
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Old 09-27-2012, 03:22 PM
luilui41 luilui41 is offline
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Location: Cape Coral, FL
Join Date: Mar 2011
Posts: 32
Mein Auto: 2006 550i
Mine is at 101K miles, ive had her since 74K, i have done 7-8k miles oil changes, brakes (rotors, pads, fluid, brake booster and vacuum line (under recall)), tires, coolant reservoir and some cooling system hoses, and spark plugs. Ive done all the work myself, im sure i saved myself a few thousand $$$.. She is running as good as always with no error codes. I plan to keep her for another year or so.
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