Time of decision: 2004 4.4 approaches 100K

[motordavid]

As others have smartly posted, keep it...
Find a good Indie, do some DIYs, and a few grand
a year potential cost, is way cheaper than the add-on extension
warranty or, tossing it while upside down, imo.
GL, mD

[grasmere10]

Agree - and as C4racer points out, the alternatives are pretty dismal.
A Bentley manual is on its way to me. If I can maintain a small John Deere tractor, I can take care of an X5, right?

[c4racer]

Originally Posted by grasmere10

Agree - and as C4racer points out, the alternatives are pretty dismal.
A Bentley manual is on its way to me. If I can maintain a small John Deere tractor, I can take care of an X5, right?

oh sure - same difference

[grasmere10]

All nice cars, but not with the same seat-to-floor distance for my back - and there is the little fact that their price has a $8000 tax for me - the cost of disposing of my loan. Still, something to ponder. Thanks!

[Nihilation]

I also have a high mileage X5 in VA and have contemplated with selling it for something else many times. If you're upside down, trading the car in is just plain dumb. If you're willing to eat the amount you're upside down and tack on another $20k+ loan, then that's all you. Financially speaking - you're much better off keeping the X5 and doing maintenance as necessary.

Jumping ship to another vehicle will eventually put you in the same boat again. Let's be honest, the X5 is still a ridiculously nice mode of transportation. If you feel the need to 'upgrade', do some tasteful mods -- perform a full detail job. It can quickly rekindle the BMW experience.

[grasmere10]

Excellent and uncommon common sense. Thanks.

[1stE53]

Originally Posted by Nihilation

I also have a high mileage X5 in VA and have contemplated with selling it for something else many times. If you're upside down, trading the car in is just plain dumb. If you're willing to eat the amount you're upside down and tack on another $20k+ loan, then that's all you. Financially speaking - you're much better off keeping the X5 and doing maintenance as necessary.

Jumping ship to another vehicle will eventually put you in the same boat again. Let's be honest, the X5 is still a ridiculously nice mode of transportation. If you feel the need to 'upgrade', do some tasteful mods -- perform a full detail job. It can quickly rekindle the BMW experience.

Perfect. Last thing you will want to do is have fixed all your problems just to start fixing someone else's. Both my cars are 2003 models and I constantly get "is that a new car" from people. I can park my cars next to brand new ones and I outshine them on the outside and have just as clean an interior. That always calm my urges to get a new car .

[grasmere10]

I'm like you, with one difference - I could buy a brand new 2011 and after one afternoon with the kids, dogs, our dirt roads and my tools, make it look exactly like my 2004!

[grasmere10]

My wife keeps threatening to put a bumper sticker on my X5 that says "My Other Car is a BMW"

[1stE53]

Originally Posted by grasmere10

My wife keeps threatening to put a bumper sticker on my X5 that says "My Other Car is a BMW"

I don't get it... Why?

**I do have to vacuum my car 3 or more times a week though.**