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Old 10-23-2009, 05:12 PM #1  
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2008 M5 Question
So I just test drove a 2008 M5 w 13k miles. The guy is selling it for 43k but it was a theft recovery. He has had it for a yr now and bought it with 1k miles on it. No problems was stolen w key. Any thoughts? is this a good deal?
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Old 10-23-2009, 06:21 PM #2  
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Seems like a good deal. Do you plan to do a PPI? That's a must. But the mileage is not abnormal for 1 year of ownership.
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Old 10-23-2009, 06:28 PM #3  
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Whats a ppi? I am gonna order exhaust, xpipe, intae and chip rigt away with some rims. Need some suggestions anyone???
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Old 10-23-2009, 06:30 PM #4  
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PPI = Pre-purchase inspection. This is numero uno important when buying a used car, especially a luxury or exotic. Get it done at a place that is used to dealing with these kind of cars.

It may cost anywhere from $100-$500 depending on who does it, but it can save you a lot more in the long run because you won't be buying someone else's problems if the inspection report is problematic.
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Old 10-23-2009, 08:59 PM #5  
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gotcha yeah lol doing it on monday at a bmw place if it checks out buying it
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Old 11-06-2009, 04:14 PM #6  
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just to add that, BMW factory warranty probably got void due to salvage/rebuilt/re-constructed title. You should check that out with your local BMW dealer
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Old 11-08-2009, 09:19 AM #7  
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I was just going to say that Locus. Make sure you verify the status of the warranty.
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Old 11-08-2009, 09:56 AM #8  
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check this car out, someone maybe could have reset the miles...
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Old 11-09-2009, 05:51 PM #9  
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An '08 M5 w/ 13K miles for only $43K? Sounds like somethings wrong.
I know the economy sucks but maybe if it was an '06 but an '08?
This past July I picked up an '06 M5 loaded with Brembo's, Evosport ECU, Eisenmann exhaust, Hamann front spoiler and Alpina wheels for $52K.
Best of all it only had 8,900 miles.
Now an '08 M5 for $43K, well check the warranty.

Best of luck and btw it's a great sports sedan, my favorite.

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Old 11-12-2009, 08:10 AM #10  
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Any updates on the car? Did you pull the trigger?
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Old 11-12-2009, 08:34 AM #11  
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Warranty is HUGE on this car-car has like 4 oil pumps and 10 miles of electronic gizmos/wires/and motors- And they are not cheap.
Mike
i have a 08 with 13-14k miles so thats inline
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Old 11-12-2009, 08:41 AM #12  
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Are they really that cheap now(40K+ isn't cheap) I was looking at M5's earlier this year and 08's were 65+. The low mile 06's were in the mid 40's. Maybe it is time for me to rethink some things and take another look at them!
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