Almost made 200K miles

[KEI7]

+1 !

And I'm always doing the maths looking at newer used cars on the internet and against how much I will be spending on my X5 for the months to come...

Endless question, but always fun to think about.

Originally Posted by dkl

I agree with "zonefive" about repairing your existing car. You shouldn't be too concern about the resale value since you won't be selling it once it's been repaired. What you should be more concern with is will that $4k spent cost less than the expense incurred with buying that new CPO, including taxes and depreciation over the same period that you expected your $4k repair to last. People keep getting hung up on what the existing car is worth, but you should really be looking at your overall out of pocket cost when doing comparisons.

But if you really want a new car, then that's a different thing - nothing wrong with that.

[Bmwtvboy]

MMM, me thinks you might try an I6 motor setup this time. The V8's are problematic. More complaints, issues than an I6 ever sees. My O1-I6 has 250K and going strong on all original components, except the D.vanos seals and general maintenance. Test them both back in the day, I6 rules, besides, where are you driving 120mph. My X still clips above the 80 mark flawlessly. Best advice, newer may look better, but older is easier to fix, especially the I6. Did I mention the trans/transfer case, rear end all orig. Yeah, I6 over the big 8 anyday for me. Good luck finding the pot of gold.

[crystalworks]

Originally Posted by dkl

I agree with "zonefive" about repairing your existing car. You shouldn't be too concern about the resale value since you won't be selling it once it's been repaired. What you should be more concern with is will that $4k spent cost less than the expense incurred with buying that new CPO, including taxes and depreciation over the same period that you expected your $4k repair to last. People keep getting hung up on what the existing car is worth, but you should really be looking at your overall out of pocket cost when doing comparisons.

But if you really want a new car, then that's a different thing - nothing wrong with that.

Agree with all of that. Unless planning to put it on the market immediately after repair, current market value is largely unimportant.

Now if you want a new car (features, less repairs, etc) then that's a different story. Don't repair it. Sell it as is and move on to something else. Nothing wrong with that either.