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Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > M Series > E60 M5 (2006 - 2010)

E60 M5 (2006 - 2010)

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  #1  
Old 12-10-2014, 05:50 PM
BEAMERAMA BEAMERAMA is offline
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2006 bmw m5- smg

Hello there.

I need a little advice from previous BMW owners please.
I work for Lexus and i am a used car tech. I am well familiar with cars.
We recently got a used 2006 BMW M5. I have been a fan of these cars and when drove it, i fell in love with all of it. So my questions are....

First of all here are the details about the car.

It has 85k miles. lifted the car and it was clean. No leaks whatsoever, valve covers, head gaskets, transmission all were dry and clean. Also brand new tires and Brakes. The owner who had this car took well care of it. i would say excellent conditions.

I can get the car with my discount for $19,500.
What do you guys think?
Are these cars reliable if i dont abuse it?
And i can get parts cheaper, if anything brakes.
Im in a pickle and need advise.
Thanks
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  #2  
Old 12-10-2014, 05:53 PM
Lucia@BMW007 Lucia@BMW007 is offline
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M5 is lots of power go for it!
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  #3  
Old 12-11-2014, 07:24 AM
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tim330i tim330i is offline
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Welcome to Bimmerfest! I've moved your question to the E60 M5 forum, you will get more feedback in here. That seems like a heck of a deal. The SMG would worry me a little as they can be temperamental but if you can do repairs yourself that should save you on the bills.
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  #4  
Old 12-12-2014, 06:46 AM
BEAMERAMA BEAMERAMA is offline
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Thanks this is gonna help alot. Yeah stuck in a pickle here. But the only thing that worries me is that car is out of warranty and if the transmission goes. Im done there anything else its easy repairs for me.
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  #5  
Old 12-12-2014, 07:48 AM
White94RX White94RX is offline
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If you buy it, replace the rod bearings asap. That's a good deal.

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2006 E60 M5
2006 E60 525i
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  #6  
Old 12-12-2014, 09:45 AM
M5Fed M5Fed is offline
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Mein Auto: 2006 M5 E60
But it, it's a blast and gotta take a chance in life. As long as you do the regular maintenance and don't go crazy with it, I'm sure it'll last you a long time. GO BEAST!
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  #7  
Old 12-15-2014, 11:56 PM
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Tanin Tanin is offline
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Quote:
Originally Posted by BEAMERAMA View Post
Hello there.

I need a little advice from previous BMW owners please.
I work for Lexus and i am a used car tech. I am well familiar with cars.
We recently got a used 2006 BMW M5. I have been a fan of these cars and when drove it, i fell in love with all of it. So my questions are....

First of all here are the details about the car.

It has 85k miles. lifted the car and it was clean. No leaks whatsoever, valve covers, head gaskets, transmission all were dry and clean. Also brand new tires and Brakes. The owner who had this car took well care of it. i would say excellent conditions.

I can get the car with my discount for $19,500.
What do you guys think?
Are these cars reliable if i dont abuse it?
And i can get parts cheaper, if anything brakes.
Im in a pickle and need advise.
Thanks
Amazing engine and I'm a big fan of the E60. Some of the V10's in '06 had issues with the high pressure oil pump failing and you will probably have to deal with the SMG pump eventually. If you have the previous owners service records that will give you a good baseline for what to expect. Considering you have access to parts and cheap labor I think you are more than qualified to purchase the S85.

If you are willing to assume some of that liability you will have a life altering vehicle
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  #8  
Old 01-07-2015, 08:07 PM
Mike_K Mike_K is offline
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Been there, done that. If a transmission problem is going to make or break you take a pass on it, especially an 06. There were SMG pump failures a plenty on the 2006's. Price out the cost of that repair and the cost of a clutch and see if that's an expense you can live with. The E60 M5 is an exotic 4 door and the potential maintenance bills that come with a car like that have the ability to be staggering.

My 2006's SMG pump failed 18 hours after purchase.
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  #9  
Old 01-11-2015, 06:17 PM
rikit rikit is offline
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Mein Auto: 2006 M5 SMG
That seems like a very good deal and since you see nothing wrong with it, the question is do you want an E60? Or possibly, look for an '08+ where several improvements have been made.

As posted, the SMG pump is an issue, but really, more minor than other regular failure items. It is changed out without removing the tranny, but is still costly for labor. As a DIY'r, make sure you have the time to do the wrench work, the research and computer software side. It seems like nothing can be done on this car without a computer on it.
In my first 15 months with an '06 MSG, I've done many other common repairs. Battery, Alternator/Regulator, both throttle actuators (gear sets) and currently I'm in the middle of an SMG issue. It's shifting extremely rough, so I've parked it on my lift until fixed.
Another common problem is hardware in the VANOS system.
Bottom line, if you can afford the parts and service costs, have another car to drive as a backup, and can stomach 10-15 MPG premium, then go for it. The car can't be beat for $20k! That's probably $5k or more below typical prices today.
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  #10  
Old 01-11-2015, 06:20 PM
rikit rikit is offline
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Mein Auto: 2006 M5 SMG
oh yeah, and I've replaced a 'Comfort Access' handle and a set of tires.
But I still LOVE this car!
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  #11  
Old 04-01-2015, 06:19 PM
BMWM5_ BMWM5_ is offline
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Yeah its a beast car!
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  #12  
Old 04-01-2015, 08:39 PM
M5Fed M5Fed is offline
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Location: Alameda, CA
 
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Mein Auto: 2006 M5 E60
Hear hear, if you can't stomach potential repairs in the Beast, stick with a regular 5 series. Just don't hate your self too much when one whizzes by you on the freeway.
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