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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 10-09-2012, 07:04 PM
Tommy D Tommy D is offline
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Mein Auto: '05 BMW 330i
High Mileage 550i?

Hi guys, new to this forum, a member of other forums for many years, but recently a 2007 BMW 550i crossed my path and it's a very nice maintained vehicle, (documented carfax). I was considering purchasing it, but wanted to get some opinions. It has 170K miles and is priced under $13K. Does this sound reasonable, or am I looking at a money pit with that high mileage? Sorry if a similar thread was started, I just couldn't find one.

Last edited by Tommy D; 10-09-2012 at 07:05 PM.
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  #2  
Old 10-09-2012, 07:13 PM
Arctic-Rodz Arctic-Rodz is offline
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find out what it would cost to add some warranty from an independent company. you're probably gonna need it.
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  #3  
Old 10-09-2012, 07:16 PM
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fred7821 fred7821 is offline
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I would not recommend
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  #4  
Old 10-09-2012, 07:18 PM
bkun bkun is offline
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I would run.
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  #5  
Old 10-09-2012, 07:19 PM
Arctic-Rodz Arctic-Rodz is offline
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lol if it was a Chevy, id say go for it....

170k miles is nothing! hahaha
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  #6  
Old 10-09-2012, 07:32 PM
TRS550 TRS550 is offline
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Think of it this way...

You're not buying a $13,000 car with 170,000 miles on it.

You're buying a $70,000 car with 170,000 miles on it.

Your maint & repairs alone in the first year will likely cost 50% of the purchase price....
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  #7  
Old 10-10-2012, 03:54 AM
Tommy D Tommy D is offline
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Thanks guys, I figured it would be cost prohibited, just sounded good on paper for a sec.
Arctic, I actually have 229K on my Mustang.

Last edited by Tommy D; 10-10-2012 at 03:58 AM.
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  #8  
Old 10-10-2012, 05:35 AM
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phlfly phlfly is offline
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I think it's not too bad if it was proper maintain otherwise it's a problem. You have really do a good check everything.
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Last edited by phlfly; 10-10-2012 at 06:49 AM.
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  #9  
Old 10-10-2012, 06:15 AM
ArtchredTTU ArtchredTTU is offline
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I would never buy a used BMW over 50k miles. Unless it's under a CPO warranty or other. 170k miles Is cray cray
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  #10  
Old 10-10-2012, 10:19 AM
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dolfan13 dolfan13 is online now
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This is to bad I had a 1977 320i with 400,000 and still ran and performed great.Replaced with a 1993 525i ran till 300,000 sold it for $2000.Did a lot of upkeep on the 93 but was worth it,great car.Hope to get many more out of my 545i even though have had to do some repairs.
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  #11  
Old 10-10-2012, 10:38 AM
ArtchredTTU ArtchredTTU is offline
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Quote:
Originally Posted by dolfan13 View Post
This is to bad I had a 1977 320i with 400,000 and still ran and performed great.Replaced with a 1993 525i ran till 300,000 sold it for $2000.Did a lot of upkeep on the 93 but was worth it,great car.Hope to get many more out of my 545i even though have had to do some repairs.
the thing about it, is that 90% of people don't take care of their vehicles like we do. Hell the fact that we are on a BMW message board, speaks for itself.
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  #12  
Old 10-10-2012, 02:57 PM
ssjkev16 ssjkev16 is offline
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Quote:
Originally Posted by ArtchredTTU View Post
the thing about it, is that 90% of people don't take care of their vehicles like we do. Hell the fact that we are on a BMW message board, speaks for itself.
+1

and yeah even when you are calculating the mileage to be in kilometers 170k is a lot of driving done to it already... miles even worse... I would strongly avoid purchasing any vehicle with that many clicks on it, let alone a $70K vehicle... just my 0.02
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  #13  
Old 10-10-2012, 05:10 PM
Vandalay Vandalay is offline
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I don't know guys. I have an 07 550i with 115k on the odometer. Oil changes ever 5k, I have no problems. I intend to keep it for a while. It runs perfectly fine. My indy says these cars can go for hundreds of thousands of miles with fundamental maintenance. What's the problem?
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  #14  
Old 10-11-2012, 06:44 AM
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dolfan13 dolfan13 is online now
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A little more care with cooling system and that 550i could be a great car.If its in great shape cosmetically you could put 5k$ in it and be at the price of a new Altama but.....not saying anything bad about the Altama but its not a bimmer.Make offer of 10k$ that would give you 8kish to play around before that new car option pops up again.

Last edited by dolfan13; 10-11-2012 at 06:47 AM.
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  #15  
Old 10-11-2012, 09:16 AM
Kushp14 Kushp14 is offline
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i would walk away , you can find a lower mileage one for a 2-3k more
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  #16  
Old 10-11-2012, 09:22 AM
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dolfan13 dolfan13 is online now
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I'm not giving up until at least 300,000
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  #17  
Old 10-11-2012, 12:09 PM
kelhasna kelhasna is offline
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the wise thing to do as most people already advised is to stay away.
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