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#21
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My impression is that the 2nd gen (at least earlier vintages) had a myriad of computer and mechanical issues that could go wrong, and I have always viewed the e53 as a “safe” bet relatively. Personally I won’t have an E70 in my garage without an aftermarket warranty, and would opt for a LCI version (2010), which pushes up the starting price quite a bit. Then you also have the X5M badge to consider. It will be interesting to see if the 4.8is revives in value like the e39 M5, but from an enthusiast perspective I doubt there will be many low mileage well maintained models as the years go on, which will of course drive up the price to the right buyer. Someone needs to seed a few good auto blog posts to get the ball rolling Sent from my iPhone using Tapatalk
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2006 e53 4.8is Imola / Cremebeige 2005 e53 3.0 Black / Truffle - AT, Sport, Premium, ZCW 2001 e39 M5 Black / Caramel - Extended Leather, Premium Audio |
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#22
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Ok, I’ll have to unsubscribe to this thread if we’re going down that path. I had a 2000 M5 I bought as a lease return in 04, drove it for 3 years then sold it to my buddy for $7k because I wanted the “better”, and newer 07 M5. FYI, biggest piece of crap I’ve ever owned. My buddy still has it, with less than 50k miles still. I’m still kicking myself for it. Just a recommendation, don’t sell cars to friends, if it’s garbage, they’ll hate you, if it’s a gem, you’ll hate yourself since you have to continually see it. At least he didn’t destroy it like my lingenfelter hummer, but that’s a different sad story.
But, sadness aside...I love my E53 4.4, and would have taken a 4.8 if the opportunity had came up before I got this one. |
#23
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interesting read
i put some feelers out on my x5 the last 2 years. no one serious came and took a look. priced it at 8k, then dropped to 6500. not going lower than that. i will be driving the wheels off of before i sell it for that low, even 8k is too low considering how much time / money i got into this thing. i'm going on about 7 years of ownership, purchased from original owner at 55k miles for 19k. im up to 172k miles, relatively low maintenance. never left me on the side of the road and i do all of my maintenance myself. only cost of ownership has been parts and purchase price. last time i checked i was into it 37k.. 19k purchase price, 18k in parts, for approx 7 years and 120k miles. roughly about $5k a year to own. still in good shape and not afraid to keep racking up the miles on it.
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2000 E53 4.4 2011 E70 35d |
#24
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Another sad fact is cars are selling less and less as months go by because kids growing up these days do not buy cars anymore but rather just use ride share programs.
And as for a 15 year old vehicle... More owners are not DIY people anymore. More are "bring it to a mech for a R&R job" and that scares buyers as there is a general rumor that Bimmers are costly out of warranty (as any vehicle could, depending on repairs needed) So it may not be the vehicle itself but the age, buyer numbers and rumor mill about repair costs Sent from my Pixel 3 using Tapatalk
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I swear, my cars are like a girlfriend. Sometimes its a rough ride, sometimes its smooth motorin'. Sometimes she doesnt like how i treat her and sometimes i dont like how she behaves. BUT at the end of the day, she loves it when I am inside her. _______________________ '91 850i '05 X5 4.4i '09 Clubman S Last edited by Clockwork; 08-27-2019 at 11:04 AM. |
#25
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Clockwork, it’s sad, but you’re right. I know at least a dozen people who don’t even have licenses, they just take Uber or the train to work. I live in a small island across from San Francisco, it’s only 6 miles wide, we have bike lanes everywhere and a lot of people ride bikes around town. My friend that do have licenses, and the even smaller pool that have a license AND a vehicle, take it to the shop for everything. My friend picked me up a few months ago and he had crap on his windshield, I said “man, why don’t you turn your wipers on once in a while and clean that stuff off” his reply made me laugh because I thought he was joking “yeah...I’m out of washer fluid, gotta take it in and have that refilled” after I had a good laugh I realized he was being serious.
Of course this is California San Francisco Bay Area, when I visit my brother in Michigan they NEVER say crap like that. |
#26
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nail on the head Prop....
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2006 4.8is TIAG/BLACK |
#27
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To be fair to millennials, cost of ownership is rising uncontrollably. Between taxes, insurance, fuel, and maintenance (forget modding) it costs at least $3000/yr to own anything worth driving. Corolla or civic can be cheap... But I'd rather take the bus too at that point.
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2005 X5 4.4i Build 04/05 Maintenance/Build Log Nav, Pano, Sport (Purchased 06/14 w/ 109,000 miles) (Sold 8/15 w/121,000 miles) 2006 X5 4.8is Build 11/05 Maintenance/Build Log Nav, DSP, Pano, Running Boards, OEM Tow Hitch, Cold Weather Pckg (Purchased 08/15 w/ 90,500 miles) 2010 X5 35d Build 02/10 Nav, HiFi, 6 DVD, Sports Pckg, Cold Weather Pckg, HUD, CAS, Running Boards, Leather Dash, PDC, Pano (Purchased 03/17 w/ 136,120 miles) |
#28
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Sent from my SM-A730F using Tapatalk
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"When the Team Chief said.... You're trapped in a hole with nothing but a goat and a slinky, what do you do? Stubby said, I'm not sure but it won't end well for the goat...." ~(Overheard) Last day, Phase 3, Q Course |
#29
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The good thing about owning a manual in Houston, is theft prevention.
On the news awhile back some car jackers, they were millennials, were baffled why the car would not drive. Puwahahaha....!
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02 BMW 5 Speed Supercharged Ethanol Burnin Meth Injected E53 |
#30
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To that though, the luxury segment has most definitely blown up in COO. Simple repairs are over complicated since X is attached to Y under Z inside of Q. Dam turbos. OEM Brake job on a 540 E39? Not bad. OEM Brake job on a 550 F10? Oh boy. At the same time though, the 4.6/4.8 market is strangely.... empty. Seems either A) most just keep their car since values regrettably suck (and genuinely like it or B) Dumps and long haul sales for high prices. Collectible SUVs are out there, but it doesn't seem to have hit the E53. As most of these we driven to/past 100k. More so for the later X5M.
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2004 BMW X5 4.8is [Black Sapphire] / [Black Nappa] [Nav] [DSP] [Style 87] 2003 BMW 540i [Sterling Gray / Gray] [Msport] [Mods from A-Z] [Two-tone Interior] |
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