bcampbe7 Posted August 26, 2011 Share Posted August 26, 2011 Every once in a while I get on these kicks where I think I need a different car. Some call it a want. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com<img src=" /><o:p></o:p> <o:p></o:p> We currently own a 2007 Nissan Maxima with 57k miles. We really like this car. It is slightly sporty, slightly fast, looks good going down the road (IMHO) and gets me from home to work and back 5-days a week (all I really drive it for).<o:p></o:p> <o:p></o:p> For a while I have wanted a 2000-2003 BMW M5. I am not a huge BMW fan, but the M5 is a car that just does it for me.<o:p></o:p> <o:p></o:p> So my dilemma is this… I can find a 2000-2003 M5 for around what I could sell my Maxima for, only issue is the BMW will have around 110-140k miles versus 57k on the Maxima. Maintenance would probably kill me! My goal (albeit unlikely) would be to try to find a M5 for around $2k-$3k less than what I sell my Maxima for and put that money in a “M5 maintenance fund.” If anything major comes up, I am afraid I would eat the $2k-$3k up in a hurry. Thoughts?<o:p></o:p> <o:p></o:p> Wife is not on board 100% because she is worried about the cost of maintenance and going from a car with 57k miles to one with 100K++. I am with her on that.<o:p></o:p> I did find a 2003 M5 about 1 hour from here with just over 80k for a GREAT price. The car did peak her interest! Of course when I called about it, it was sold.<o:p></o:p> Link to comment Share on other sites More sharing options...
MAYBEN Posted August 26, 2011 Share Posted August 26, 2011 I wouldn't bother with the BMW.. maintenance will be a fortune.. My brother-in-law used sell them and he recommends only leasing and never buying because of it.. Link to comment Share on other sites More sharing options...
Bill-V8V Posted August 26, 2011 Share Posted August 26, 2011 I know that feeling all too well but in this case I agree with your wife. Link to comment Share on other sites More sharing options...
LowNslo Posted August 26, 2011 Share Posted August 26, 2011 I wouldn't trade my reliable 50k mile car for anything with over 100k. You have a car that you know is taken care of then buy a high mileage bmw (notorious for electrical problems). I don't mean to offend anyone and don't think wrong of me but BMW's are sweet cars but I don't see them being any better than the maxima! If you were going to sell the maxima, I would suggest putting money back each month for a few months or even a year, then sell the maxima and grab a newer low mileage BMW. Financially its not even a decision for me, keep the maxima or buy a "cooler" car but keep in mind reliability and mileage compared to what you currently have! Link to comment Share on other sites More sharing options...
bcampbe7 Posted August 26, 2011 Author Share Posted August 26, 2011 My wife is the one in the family that uses logic when car buying. I tend to just drool. Link to comment Share on other sites More sharing options...
chas Posted August 26, 2011 Share Posted August 26, 2011 I am jumping on the bandwagon here saying don't do it. My friend recently bought a 2003 Land Rover Range Rover which has the BMW 4.4 motor in it. The thing has 75,000 miles on it and he has had it less than three months and has already had to put in nearly $3,000 worth of repairs on motor related issues that happened after. Alternator alone for the BMW engine cost a fortune. Link to comment Share on other sites More sharing options...
bcampbe7 Posted August 26, 2011 Author Share Posted August 26, 2011 I am jumping on the bandwagon here saying don't do it. My friend recently bought a 2003 Land Rover Range Rover which has the BMW 4.4 motor in it. The thing has 75,000 miles on it and he has had it less than three months and has already had to put in nearly $3,000 worth of repairs on motor related issues that happened after. Alternator alone for the BMW engine cost a fortune. Yeah, we use to own a 1999 Land Rover Discovery. I did all the needed work myself when required, but parts are expensive! Traded it when it was costing us well over a car payment per month to keep it on the road! Link to comment Share on other sites More sharing options...
Redvenm Posted August 26, 2011 Share Posted August 26, 2011 Sorry bro, I am with the others on this one. I wouldn't do it. Link to comment Share on other sites More sharing options...
bcampbe7 Posted August 26, 2011 Author Share Posted August 26, 2011 But....but....but.... You guys (and my wife) are right. Link to comment Share on other sites More sharing options...
Diggerdan11 Posted August 26, 2011 Share Posted August 26, 2011 The BMW M5 is one of my favorite cars ever. It has great performance, yet rides smooth and is very comfortable. Since it has 4 doors it is also fairly practical. I would love to have one. That being said, I would suggest staying with your Nissan. I would not want to trader a 50k mile car for a 100k+ one unless it was a lot more practical and a better car for you. For Example I traded in my Pontiac G6 with 42k for a Chevy Tahoe with 130k, the only reason I did this was because I moved back to an area where 4WD was a must, and I could pull a boat, and 4wheelers with it. It was a much more practical for my lifestyle and where I live. I would have never traded in my 42k mile G6 for another car with 100k+ <?xml:namespace prefix = o ns = "urn:schemas-microsoft-comAs much as I love BMW’s I know that they can be super expensive to repair. There Engine and Trannys may go forever but when little things start going bad (fuel pumps, alternators, computer systems, etc….) the costs can add up super quick. My dad has an M3 with only 36k on it, but it is 10 years old and minor things are starting to break on it, and its getting expensive. The only reason he has not sold it is because its his play toy, its paid off, and its cheaper to fix the little things than get a new play toy. Link to comment Share on other sites More sharing options...
70'sChevyGirl Posted August 26, 2011 Share Posted August 26, 2011 My wife is the one in the family that uses logic when car buying. I tend to just drool. And you make the right choices every time. I wouldn't buy the BMW although I do like the looks of the car. Link to comment Share on other sites More sharing options...
Fierce5 Posted August 26, 2011 Share Posted August 26, 2011 This gets my NO stamp (IMHO), a friend of mine has a BMW and it costs him a fortune to fix it, the other day the power window pump stopped working, lol Link to comment Share on other sites More sharing options...
Golf for Life Posted August 26, 2011 Share Posted August 26, 2011 This gets my NO stamp (IMHO), a friend of mine has a BMW and it costs him a fortune to fix it, the other day the power window pump stopped working, lol Power window pump:lolsmack: never heard if that one but possible. A BMW or MB off lease is a gamble IMO, as some that buy these cars just drive them as they know that they will be returning them before maintains related failures hit. If you know the car was well cared for I would not hesitate to jump on a 100K BMW. Link to comment Share on other sites More sharing options...
chas Posted August 26, 2011 Share Posted August 26, 2011 Power window pump:lolsmack: never heard if that one but possible. A BMW or MB off lease is a gamble IMO, as some that buy these cars just drive them as they know that they will be returning them before maintains related failures hit. If you know the car was well cared for I would not hesitate to jump on a 100K BMW. That's a great point, most of these come off leases and are driven by people who could care less about the car after they return it. You almost have to buy one brand new and know what care YOU put into it rather than betting on someone else. Link to comment Share on other sites More sharing options...
LDM Posted August 26, 2011 Share Posted August 26, 2011 Power window pump:lolsmack: never heard if that one but possible. They also need a specially formulated blinker fluid that is more expensive than regular blinker fluid. Link to comment Share on other sites More sharing options...
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