Time to Cut Bait? (E70 4.8i Issues)

[BGM]

Originally Posted by Pushrod

Sounds like we share a similar pain with our 4.8s. Bummer. Mine is at 79k miles.

What happened when the #7 cylinder misfired? Coil go bad?

If I was paying $250 a month to park this thing, I'd be very seriously consider going without a car in Chicago. One advantage of living in Logan is that I have a garage that costs me no additional $. I've seriously been considering going carless in my current situation. I can rent a car for the weekends I need to drive to Milwaukee to pick up my daughter for $100/weekend, and use the Metra / L / Lyft / Uber / Zipcar / Bicycle and come out way ahead financially over my current $1500+ a month in repair bills on the X5, in addition to the car insurance / city stickers / registration / etc savings. Plus I'm already paying for public transit to get to work and around town, so the increased costs for public transit would be minimal.

I typically drive 800 miles a month picking up my daughter from Milwaukee, and then maybe 200 additional miles above that around Chicago. I've been considering having my daughter take the train to Chicago when she comes here for at least one part of the trip, which would negate some of the miles driving to Milwaukee.

Agree that it makes little financial sense to get something newer and take on a payment just to have it sit in the garage for extended periods and depreciate like crazy.

I may put my X5 up for sale once I get it back from this latest trip to the shop and see if I get any nibbles.

Yeah not sure if it was the coil or not. It's always a tough call when to cut bait. I need to have a car to be able to pick up my niece and nephew (they are too young to take the L) in Bridgeport on the South Side at any last minute (like taking them to a soccer game etc) so a rental is a lot more difficult in that case. I'd rather have a variable cost than a depreciating fixed cost (car payment) since I'm not using it that much.

I've had a lot of work put into mine under CPO and so many new major parts it's basically brand new (literally like $12K in repairs my SA made the tech find before the CPO ended): replaced the Evaporator which is $3K (you have to pull the dash out) new DME unit ($4K) as well as new transmission ($12K covered under CPO) on top of that. I bought mine as a lease return from Beverly Hills BMW the lady only put 14K miles on it in 2 years. I just moved back home to Chicago from Dallas (where I've had it the entire time) so haven't converted any registration, still have my Texas plates, etc and am holding off until I'm forced to do so ha.