F10 M5

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Discussion

George111

6,930 posts

250 months

Wednesday 2nd March 2016
quotequote all
likesachange said:
By May they'll be a few around for 30k in another 12 months when maybe new m5 is on the horizon they'll be 26-7ish regardless.
There's a few around now at £31k in independents, probably end up paying just under £30k. They do seem to be dropping fast - are these cheaper cars going to have oil problems ? The BMW dealer cars are all significantly more expensive.

likesachange

2,630 posts

193 months

Wednesday 2nd March 2016
quotequote all
George111 said:
There's a few around now at £31k in independents, probably end up paying just under £30k. They do seem to be dropping fast - are these cheaper cars going to have oil problems ? The BMW dealer cars are all significantly more expensive.
Id imagine at that money they will not be in any way tidy examples.
Even a car as valuable as the M5 gets used as daily snotters by some....

When you say oil problems what do you mean? running in service missed?

W8PMC

3,345 posts

237 months

Wednesday 2nd March 2016
quotequote all
George111 said:
There's a few around now at £31k in independents, probably end up paying just under £30k. They do seem to be dropping fast - are these cheaper cars going to have oil problems ? The BMW dealer cars are all significantly more expensive.
They're 4yr old cars if it's the 2 i'm thinking of & if something's too cheap then you have to ask yourself why as those 2 cars don't stack up financially against others in the dealer network or for sale at other Independants.

popeyewhite

19,622 posts

119 months

Wednesday 2nd March 2016
quotequote all
likesachange said:
Id imagine at that money they will not be in any way tidy examples.
Even a car as valuable as the M5 gets used as daily snotters by some....
I have two friends who run F10 M5s as 'daily snotters'. Is there something wrong with this, after all it's a 5 series BMW. Incidentally they say the cars are quite comfy but not particularly pleasant in traffic.

likesachange

2,630 posts

193 months

Wednesday 2nd March 2016
quotequote all
popeyewhite said:
I have two friends who run F10 M5s as 'daily snotters'. Is there something wrong with this, after all it's a 5 series BMW. Incidentally they say the cars are quite comfy but not particularly pleasant in traffic.
nothing at all wrong with it, wish i was in the financial situation where i could, i was pointing out that the cheaper ones are more than likely pretty neglected.

popeyewhite

19,622 posts

119 months

Wednesday 2nd March 2016
quotequote all
likesachange said:
nothing at all wrong with it, wish i was in the financial situation where i could, i was pointing out that the cheaper ones are more than likely pretty neglected.
Likely to be higher mileage but I don't see why they should be neglected. Maybe just showing signs of their age?

theboss

6,878 posts

218 months

Wednesday 2nd March 2016
quotequote all
popeyewhite said:
likesachange said:
Id imagine at that money they will not be in any way tidy examples.
Even a car as valuable as the M5 gets used as daily snotters by some....
I have two friends who run F10 M5s as 'daily snotters'. Is there something wrong with this, after all it's a 5 series BMW. Incidentally they say the cars are quite comfy but not particularly pleasant in traffic.
The DCT isn't bad in start/stop traffic but it'll never quite feel as smooth and lazy as a conventional auto by its very nature. I drove mine in and out of the West End a few Friday rush hours ago and wasn't exactly cursing it - but if I spend considerable time in stop-start traffic every single day I'd probably rather a regular 5er with the ZF 8-speed and auto hold.

Nothing wrong with using one as a 'daily snotter' - I'm doing approx 30k/year in one and will continue to do so until its worth almost nothing - but if buying used it stands to reason one would rather mind a more cherished example.

likesachange

2,630 posts

193 months

Wednesday 2nd March 2016
quotequote all
popeyewhite said:
Likely to be higher mileage but I don't see why they should be neglected. Maybe just showing signs of their age?
Neglected I mean getting the kids to wash it with a gritty sponge, parking in tight spaces where prone to inconsiderate others bashing your doors with theirs, the odd kerbing of wheels, scuff of bumper and shrug there shoulders at etc
If it's not there pride and joy there's no real reason to take much time and care looking after the aesthetics TBH especially if a lease car.

mechanically I agree no reason why they would be neglected in that area especially with many having the service pack option checked.

Although wasn't there a thread a few months ago with someone who didn't bother servicing it and it ran dry of oil...?

Shaoxter

4,048 posts

123 months

Wednesday 2nd March 2016
quotequote all
likesachange said:
Neglected I mean getting the kids to wash it with a gritty sponge, parking in tight spaces where prone to inconsiderate others bashing your doors with theirs, the odd kerbing of wheels, scuff of bumper and shrug there shoulders at etc
If it's not there pride and joy there's no real reason to take much time and care looking after the aesthetics TBH especially if a lease car.

mechanically I agree no reason why they would be neglected in that area especially with many having the service pack option checked.

Although wasn't there a thread a few months ago with someone who didn't bother servicing it and it ran dry of oil...?
A lot of presumptions you're making there.
Judge each car by its merits! Could be priced keenly for a quick sale.

likesachange

2,630 posts

193 months

Wednesday 2nd March 2016
quotequote all
Shaoxter said:
A lot of presumptions you're making there.
Judge each car by its merits! Could be priced keenly for a quick sale.
Yep and from my experience 95% of the time the cars substantially cheaper than any others are priced like so for a reason....
Not always but That is my pretty experienced opinion...

George111

6,930 posts

250 months

Wednesday 2nd March 2016
quotequote all
W8PMC said:
George111 said:
There's a few around now at £31k in independents, probably end up paying just under £30k. They do seem to be dropping fast - are these cheaper cars going to have oil problems ? The BMW dealer cars are all significantly more expensive.
They're 4yr old cars if it's the 2 i'm thinking of & if something's too cheap then you have to ask yourself why as those 2 cars don't stack up financially against others in the dealer network or for sale at other Independants.
http://www.autotrader.co.uk/classified/advert/201602181162149 looks OK to me - that's not the cheapest but would probably go for £31k or possibly slightly less.

I'd be using it as my only car, every 2-3 days I suppose. I was referring to the high oil consumption BMW seem to have, never had a car use more than a litre between services as there's really no reason for it - I was just wondering if the cheaper ones were cheap because they are suffering with high oil consumption, or higher than average anyway.

popeyewhite

19,622 posts

119 months

Wednesday 2nd March 2016
quotequote all
likesachange said:
Shaoxter said:
A lot of presumptions you're making there.
Judge each car by its merits! Could be priced keenly for a quick sale.
Yep and from my experience 95% of the time the cars substantially cheaper than any others are priced like so for a reason....
Not always but That is my pretty experienced opinion...
The majority of cars at the cheaper end of the scale are obviously older and consequently have higher mileage and possibly more owners. I'd like to challenge the belief though that the cheaper, higher mileage cars are likely in poor condition. We're still talking 30 grand here for an M5, not 3 grand for an old 320i, and I don't see why the older cars in this price bracket should have had less care from owners.

Jazzer

1,665 posts

203 months

Wednesday 2nd March 2016
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Mine is coming up for three years old in May and looks well....still as new on the inside, with unblemished skin.

I detailed it last weekend and, as I admired my gleaming machine afterwards, it dawned on me how stupid I'd be to sell it and then get another F10.

No real gain, except if it had the competition pack on it, which does sharpen the drive somewhat.

Excellent everyday cars.....DCT is fab, even in heavy traffic.....settings may need to be played with though!

trando

722 posts

170 months

Wednesday 2nd March 2016
quotequote all
I bought my 2015 M5 with competition pack in June last year. By the time its a year old in a few months time, it will have done 10,000 miles. I use it almost every day and it is absolutely fine in traffic. I just put it in full auto and let it get on with it.

I've had quite a few of these types of cars - a couple of AMGs, an XFR at one point - and they all provided me with huge amounts of enjoyment but no financial satisfaction. But then I knew that when I bought them....

Sure, the M5 will be worth a fraction of its (discounted) original price, but so what? In the meantime, I intend to enjoy every mile I drive in it. Eventually, they'll stop making cars like this, so I say we should enjoy them while we can.


joscal

2,072 posts

199 months

Wednesday 2nd March 2016
quotequote all
trando said:
I bought my 2015 M5 with competition pack in June last year. By the time its a year old in a few months time, it will have done 10,000 miles. I use it almost every day and it is absolutely fine in traffic. I just put it in full auto and let it get on with it.

I've had quite a few of these types of cars - a couple of AMGs, an XFR at one point - and they all provided me with huge amounts of enjoyment but no financial satisfaction. But then I knew that when I bought them....

Sure, the M5 will be worth a fraction of its (discounted) original price, but so what? In the meantime, I intend to enjoy every mile I drive in it. Eventually, they'll stop making cars like this, so I say we should enjoy them while we can.
I'm the same, mine is used everyday in very heavy traffic too and it's an absolute doddle. My E60 was a different story though!

likesachange

2,630 posts

193 months

Wednesday 2nd March 2016
quotequote all
Shaoxter said:
A lot of presumptions you're making there.
Judge each car by its merits! Could be priced keenly for a quick sale.
Yep and from my experience 95% of the time the cars substantially cheaper than any others are priced like so for a reason....
Not always but That is my pretty experienced opinion...

George111

6,930 posts

250 months

Wednesday 2nd March 2016
quotequote all
likesachange said:
Shaoxter said:
A lot of presumptions you're making there.
Judge each car by its merits! Could be priced keenly for a quick sale.
Yep and from my experience 95% of the time the cars substantially cheaper than any others are priced like so for a reason....
Not always but That is my pretty experienced opinion...
The cheaper cars are at specialists and the more expensive cars are at BMW dealers. The difference is about £5k+ but some of that will be eaten by the warranty BMW offer (I assume) and probably a more generous trade in if I use that.

The prices are dropping quite quickly and at £35k a 2013 F10 is remarkable value. I last had a BMW in the 90's, a 525 one of the first 24v models and it was rather nice but I've not been keen on them since except the M5 and right now it looks excellent value, especially as a year-ish younger M3/M4 is at least £12k more for a lot less car with more to lose. Also the M3/M4 doesn't appeal.

The only other option is an E63 AMG 5.5.





sak83

97 posts

188 months

Wednesday 2nd March 2016
quotequote all
Can you take the big motoring world cars to be real? usually they put adverts out at competitive prices but when you go to their premises said car is usually sold with a higher priced alternative conveniently available

George111

6,930 posts

250 months

Wednesday 2nd March 2016
quotequote all
sak83 said:
Can you take the big motoring world cars to be real? usually they put adverts out at competitive prices but when you go to their premises said car is usually sold with a higher priced alternative conveniently available
Never been there, thanks for the heads up.

ndj

222 posts

221 months

Wednesday 2nd March 2016
quotequote all
George111 said:
Never been there, thanks for the heads up.
Avoid Big Motoring World. A little Googling will tell all. I have a colleague who bought a Mini from them. Same story... polished turd and they didn't give a crap once he'd paid his money and driven off.