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2008 M5 Question

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Old Oct 23, 2009 | 04:12 PM
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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?
 
Old Oct 23, 2009 | 05:21 PM
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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.
 
Old Oct 23, 2009 | 05:28 PM
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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???
 
Old Oct 23, 2009 | 05:30 PM
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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.
 
Old Oct 23, 2009 | 07:59 PM
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gotcha yeah lol doing it on monday at a bmw place if it checks out buying it
 
Old Nov 6, 2009 | 03:14 PM
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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
 
Old Nov 8, 2009 | 08:19 AM
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I was just going to say that Locus. Make sure you verify the status of the warranty.
 
Old Nov 8, 2009 | 08:56 AM
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check this car out, someone maybe could have reset the miles...
 
Old Nov 9, 2009 | 04:51 PM
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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.

Ranger
 
Old Nov 12, 2009 | 07:10 AM
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Any updates on the car? Did you pull the trigger?
 
Old Nov 12, 2009 | 07:34 AM
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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
 
Old Nov 12, 2009 | 07:41 AM
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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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