Local CL has Clean 2006/7 M5's for 22k with decent miles. What do I do?

Kinja'd!!! "404 Name Not Found" (404namenotfound)
12/18/2015 at 12:06 • Filed to: None

Kinja'd!!!0 Kinja'd!!! 17

I know I shouldn’t buy it without warranty, and similar M5’s on Carmax are going for about 31-33k. What is the best course of action?


DISCUSSION (17)


Kinja'd!!! bob and john > 404 Name Not Found
12/18/2015 at 12:07

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let some other sad sap buy it.


Kinja'd!!! Supreme Chancellor and Glorious Leader SaveTheIntegras > 404 Name Not Found
12/18/2015 at 12:08

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No warranty = no sale


Kinja'd!!! SidewaysOnDirt still misses Bowie > 404 Name Not Found
12/18/2015 at 12:10

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Kinja'd!!!


Kinja'd!!! 404 Name Not Found > SidewaysOnDirt still misses Bowie
12/18/2015 at 12:12

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But but V-10...


Kinja'd!!! 404 Name Not Found > bob and john
12/18/2015 at 12:12

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:/


Kinja'd!!! Tripper > 404 Name Not Found
12/18/2015 at 12:12

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Get a PPI, and get a extended warranty. The warranty won’t be cheap though. I paid around $3800 for 2 years/20k miles for a 2008 M3.


Kinja'd!!! SidewaysOnDirt still misses Bowie > 404 Name Not Found
12/18/2015 at 12:14

Kinja'd!!!2

Kinja'd!!!


Kinja'd!!! Wacko > Supreme Chancellor and Glorious Leader SaveTheIntegras
12/18/2015 at 12:16

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he could place the 10000$ difference in a Broken bmw account. for when it will break.


Kinja'd!!! whiskeybusiness NOW A DANGER TO CROWDS NEAR YOU > 404 Name Not Found
12/18/2015 at 12:18

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Carmax and profit


Kinja'd!!! iSureWilll > 404 Name Not Found
12/18/2015 at 12:20

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Go test drive one and take it to Carmax for an offer.

Carmax offer - $25k

Buy CL car for $20k cash. Immediately sell to Carmax.

Profit.


Kinja'd!!! RallyWrench > SidewaysOnDirt still misses Bowie
12/18/2015 at 12:33

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Nailed it.


Kinja'd!!! RallyWrench > SidewaysOnDirt still misses Bowie
12/18/2015 at 12:34

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Aaand again.


Kinja'd!!! RallyWrench > 404 Name Not Found
12/18/2015 at 12:35

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No. These cars are absolute disasters. Yes, the S85 seems cool, sounds spiffy, and hauls ass, but I assure you it is not. Its siren song is a path to heartbreak and despair. Find a Pontiac G8 GXP or CTS-V and laugh all the way the bank.


Kinja'd!!! EL_ULY > 404 Name Not Found
12/18/2015 at 13:17

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http://oppositelock.kinja.com/oppo-teach-me-…


Kinja'd!!! Parth985 > 404 Name Not Found
12/18/2015 at 13:25

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I did this it doesn’t end well I did with a e39 m5 it’s was clean but still maintained and up keep it adds up to 10k plus in a few years my friend got a manual v10 m5 and it still like 11k over the same amount of time if smg run away it breaks every like 10 to 30k miles and it’s like 3k fix so if u go in getting it just remember its a 40k car and not 22k when u buy it if u do because of the cost of keeping it going


Kinja'd!!! AkursedX > 404 Name Not Found
12/18/2015 at 13:48

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If you buy it, you buy it knowing that you might have a good initial ‘deal’, you will be investing thousands into the car each year you own it. And thats if you do your own work.

I’m not saying not to do it, but to your homework. The main reason M5’s of that vintage are so cheap is because they are super expensive to maintain and most of the people who bought them aren’t mechanically inclined so when you get estimates for $6000 dealer repairs, it’s easier to just cut and run.


Kinja'd!!! MUSASHI66 > 404 Name Not Found
12/18/2015 at 16:40

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My friend just traded his as it needed $5k or $6k in engine work, not covered by his extended warranty. Stay away...