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The E70 is a big fat pig in comparison to the E53. The N52 is an amazing engine that will give you years of dependable service. I cannot speak for the N55 as I refuse to own one.
Technologically it is superior in every way. There are no rust issues with an E70. There shouldnt be any rust issues with any BMW but everyone has different definitions of taking care of their vehicles.
All BMW V8's are junk. Well, they aren't junk, they're just awful.
The pano roofs are ummmm, temperamental as these get on in years. They always seem to get temperamental when the weather is below freezing and your asshole navy seal husband decides to push the vent function.
I drive the piss out of my E70's. Adaptive drive and load level suspension makes these things untouchable in the corners. I always smile when I push the accelerator down in curves, especially when I'm next to some douche in a fart can civic that cannot seem to shift properly. The Transmission (6-speed) is pretty spot on but you will find your RPMs are up there at highway speed.
As the ever-wise ard stated its all about maintenance. Chances are that the 200K X5 is on its 3 or 5th owner and was traded into a Chevy dealer because the moron who bought it off of Honest Abe's Used Luxury Cars Buy Here Pay Here lot had absolutely no clue how to take care of these things and could not afford to do the regular upkeep.
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2010 X5 3.0 X-drive Titanium Silver/Black
2018 Ford F-150 Platinum Crew
2010 528xi (His)
2017 M2 Manual (His)
Former Headaches:
2008 X5 RIP
2015 M235
2013 135is
2009 535xi Wagon (JUNK) 
2007 530xi 6spd CPO Sport (Best Damn Car EVER)
2011 335xi M-sport Coupe 6spd (Sex on Wheels)
2010 550GT "CPO" (Junk)
2012 X5 35d "CPO" (More Junk)
2004 330i ZHP Sedan
2002 325xi Wagon
2000 323i Sedan
1998 M3 Sedan
1992 325i Sedan
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