M5 or nearly new 540i
Discussion
Having sold my 330d for a price I could refuse I am back in the car market
Have about £45k to spend, want a car less than 18mths old, more power and more toys. And of course BMW.
Drawn to the new 540i. Can get one for around £40-£45k with high spec. Suspect it will lose 50% if it’s value in 3 years so excluding finance about £600/mth depreciation. The BM PCP calculator seems to concur.
Then I looked at M5s. For a 2016 at around £45k BMW guaranteed value is about £24k. Looking at 2013 M5s most are £30k ish
I’m not a rich man so depreciation is important! But so Are running costs. There was a similar thread recently and the guy bought the 540i, but maybe the total running cost difference including deprecation isn’t that much.
What do you guys reckon?
Have about £45k to spend, want a car less than 18mths old, more power and more toys. And of course BMW.
Drawn to the new 540i. Can get one for around £40-£45k with high spec. Suspect it will lose 50% if it’s value in 3 years so excluding finance about £600/mth depreciation. The BM PCP calculator seems to concur.
Then I looked at M5s. For a 2016 at around £45k BMW guaranteed value is about £24k. Looking at 2013 M5s most are £30k ish
I’m not a rich man so depreciation is important! But so Are running costs. There was a similar thread recently and the guy bought the 540i, but maybe the total running cost difference including deprecation isn’t that much.
What do you guys reckon?
Thanks.
I won’t finance through BMW so cost of finance would be the same on either. Just looking at guaranteed values for an indication of residual value.
The M6 is nice, but still a current model and easily £5k more than an M5 for same age.
I’ve test drove both and to be honest a 20 min drive with the dealer doesn’t reveal much. Need a good 24hrs test drive, which isn’t forthcoming when purchase used, despite the significant outlay
I won’t finance through BMW so cost of finance would be the same on either. Just looking at guaranteed values for an indication of residual value.
The M6 is nice, but still a current model and easily £5k more than an M5 for same age.
I’ve test drove both and to be honest a 20 min drive with the dealer doesn’t reveal much. Need a good 24hrs test drive, which isn’t forthcoming when purchase used, despite the significant outlay
matt21 said:
Having sold my 330d for a price I could refuse I am back in the car market
Have about £45k to spend, want a car less than 18mths old, more power and more toys. And of course BMW.
Drawn to the new 540i. Can get one for around £40-£45k with high spec. Suspect it will lose 50% if it’s value in 3 years so excluding finance about £600/mth depreciation. The BM PCP calculator seems to concur.
Then I looked at M5s. For a 2016 at around £45k BMW guaranteed value is about £24k. Looking at 2013 M5s most are £30k ish
I’m not a rich man so depreciation is important! But so Are running costs. There was a similar thread recently and the guy bought the 540i, but maybe the total running cost difference including deprecation isn’t that much.
What do you guys reckon?
I think if I were going the M5 route, I'd be open to look at one older than 2016 to save initial cash outlay and try and negotiate a 2 year Approved Used Warranty. Even with the std 1 year, it's only around 6 months less than a 2016; not sure manufacturer's warranty is much better. Have about £45k to spend, want a car less than 18mths old, more power and more toys. And of course BMW.
Drawn to the new 540i. Can get one for around £40-£45k with high spec. Suspect it will lose 50% if it’s value in 3 years so excluding finance about £600/mth depreciation. The BM PCP calculator seems to concur.
Then I looked at M5s. For a 2016 at around £45k BMW guaranteed value is about £24k. Looking at 2013 M5s most are £30k ish
I’m not a rich man so depreciation is important! But so Are running costs. There was a similar thread recently and the guy bought the 540i, but maybe the total running cost difference including deprecation isn’t that much.
What do you guys reckon?
My logic is to save cash and if it's used does it matter, within reason, what year? (subject to any preferences around LCI / key spec, changes etc).
For example, I've had a 2009 335i which was problem free whereas I've know newer ones (2010-2013) that have lots of stuff go wrong.
I'd say mileage and condition (though as AUC the latter should be a given) are more important.
I don't know these cars, but where I've driven M cars , they are markedly different from the non Ms of their generation, so I imagine a different generation 540i X drive is going to be a totally different car.
What gen. 330d did you have, the F series one is pretty rapid isn't it? So Yes, the 540i X drive being a petrol will sound better and surely quicker but I can't see it exciting like a M5. So if you really want a M5 , that's gotta be the route otherwise, you'll be in a car you'll feel is second best.
If you don't have that hunger (you'll know when you drive them), a 540iX Drive must still be a nice place to be.
I can't imagine running costs will be all that different although I can imagine the M car will have a bit of an insurance premium over the 540i.
If I was spending that kind of sum I think I'd go for the M as they're best enjoyed fairly fresh and will hold value after a while compared to a 540i which is the kind of car I like to pick up for a couple of grand after a decade's depreciation, hopefully only two owners from new, last owner had it seven years and serviced on the button etc etc. Whereas when M5s get to that stage they're usually still £15 and have been through 15 owners.
If I was spending that kind of sum I think I'd go for the M as they're best enjoyed fairly fresh and will hold value after a while compared to a 540i which is the kind of car I like to pick up for a couple of grand after a decade's depreciation, hopefully only two owners from new, last owner had it seven years and serviced on the button etc etc. Whereas when M5s get to that stage they're usually still £15 and have been through 15 owners.
Thanks for your thoughts. My 330d is a 2016. Nice but miss a fast petrol to be honest.
Normally I would agree on price vs age and go a little older, but seems after the huge initial hit in year one then they slow down to £5-6k per year. A 2013 is about £30k, 2014 is about £35k, 2015 about £40k, 2016 about £45k and the few 2017 about £50k. A 2018 is £95k, but of course new model!
Normally I would agree on price vs age and go a little older, but seems after the huge initial hit in year one then they slow down to £5-6k per year. A 2013 is about £30k, 2014 is about £35k, 2015 about £40k, 2016 about £45k and the few 2017 about £50k. A 2018 is £95k, but of course new model!
matt21 said:
Thanks.
I won’t finance through BMW so cost of finance would be the same on either. Just looking at guaranteed values for an indication of residual value.
The M6 is nice, but still a current model and easily £5k more than an M5 for same age.
I’ve test drove both and to be honest a 20 min drive with the dealer doesn’t reveal much. Need a good 24hrs test drive, which isn’t forthcoming when purchase used, despite the significant outlay
You’d be very wise to look at the F10 M5 2 year review thread so many owners on there who have tried to sell simply cannot to joe Bloggs so end up trading hem as part x in the end and take a Bath. For a number of reasons joe Bloggs simply doesn’t want to spend £20-35k to a private individual. I won’t finance through BMW so cost of finance would be the same on either. Just looking at guaranteed values for an indication of residual value.
The M6 is nice, but still a current model and easily £5k more than an M5 for same age.
I’ve test drove both and to be honest a 20 min drive with the dealer doesn’t reveal much. Need a good 24hrs test drive, which isn’t forthcoming when purchase used, despite the significant outlay
You might flirt lucky but that GFV and the priemium you pay for it might be very shrewd. Or PM those real owners who have struggled to flog them.
Pioneer said:
I doubt you'd lose as much on the M5 but the G30 is such a good car. I'd go for the newer model and try to ignore the depreciation! I bought a G12 not so long ago knowing full well it will be worth £5 and a bag of peanuts in a couple of years.
See the other thread - I’d not be counting on this re the M5. If you do go for a used M5 try and find one with the service pack included, it really does save you money. Mine was in with BMW today for oil service, spark plugs, filters and other sundry stuff and the cost to me was £0. I asked what this would have cost if I had to pay and was told about £1100.
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skeeterm5 said:
If you do go for a used M5 try and find one with the service pack included, it really does save you money. Mine was in with BMW today for oil service, spark plugs, filters and other sundry stuff and the cost to me was £0. I asked what this would have cost if I had to pay and was told about £1100.
S
You’d have thought a seller would add that premium onto the asking price - as they would have paid for the service pack in the first instance unless they take a Bath on that aspect. S
Also doesn’t service pack expire if you hit 60k so 5 years OR 60k which ever is soonest.
The glib response is when you see an M5 in next couple of years you’ll think, I wonder what if....
Get an LCI with service pack. Mine was 42k at 18k miles and 18 months old.... v. high spec, hold out as there are about, one year in I love it. I even got the winter wheel set with fresh tyres for £1k of 1st owner.... on running M budget over several years ~ £1k p.a. for dealer service and another grand 120 ish / month for extended warranty. Hit third gerar at 60 and hold on.... while sitting in full leather / alcantara environment. So Comfortable.
Get an LCI with service pack. Mine was 42k at 18k miles and 18 months old.... v. high spec, hold out as there are about, one year in I love it. I even got the winter wheel set with fresh tyres for £1k of 1st owner.... on running M budget over several years ~ £1k p.a. for dealer service and another grand 120 ish / month for extended warranty. Hit third gerar at 60 and hold on.... while sitting in full leather / alcantara environment. So Comfortable.
physprof said:
The glib response is when you see an M5 in next couple of years you’ll think, I wonder what if....
Get an LCI with service pack. Mine was 42k at 18k miles and 18 months old.... v. high spec, hold out as there are about, one year in I love it. I even got the winter wheel set with fresh tyres for £1k of 1st owner.... on running M budget over several years ~ £1k p.a. for dealer service and another grand 120 ish / month for extended warranty. Hit third gerar at 60 and hold on.... while sitting in full leather / alcantara environment. So Comfortable.
Plus full leather on the dash that does make a lovely difference + air cooled seats only available in he F10 M5 no other 5 series had the option. Get an LCI with service pack. Mine was 42k at 18k miles and 18 months old.... v. high spec, hold out as there are about, one year in I love it. I even got the winter wheel set with fresh tyres for £1k of 1st owner.... on running M budget over several years ~ £1k p.a. for dealer service and another grand 120 ish / month for extended warranty. Hit third gerar at 60 and hold on.... while sitting in full leather / alcantara environment. So Comfortable.
Welshbeef said:
Plus full leather on the dash that does make a lovely difference + air cooled seats only available in he F10 M5 no other 5 series had the option.
Did the 5 with comfort seats not get them? I could swear I remember the 535d having the option when I was speccing one up 3 years agomatt21 said:
Thanks for your thoughts. My 330d is a 2016. Nice but miss a fast petrol to be honest.
Normally I would agree on price vs age and go a little older, but seems after the huge initial hit in year one then they slow down to £5-6k per year. A 2013 is about £30k, 2014 is about £35k, 2015 about £40k, 2016 about £45k and the few 2017 about £50k. A 2018 is £95k, but of course new model!
No question go M5.Normally I would agree on price vs age and go a little older, but seems after the huge initial hit in year one then they slow down to £5-6k per year. A 2013 is about £30k, 2014 is about £35k, 2015 about £40k, 2016 about £45k and the few 2017 about £50k. A 2018 is £95k, but of course new model!
I think you decision to go newer is a good one as a 2013 will start to get things that need replacing. I did a relatively high mileage in mine over 2 years from new and it needed new discs/ pads on one visit to the dealer which was very expensive. Possibly mileage and how well looked after is more important than year?
I've had the LCI M5 and M6 GC CP, I bought a new 540i M Sport and had the "M" Performance Pack fitted, upgrading engine exhaust and Torque converter, it flys and is so up market, I love.
My M5 and M6 were never able to be "Stretched" which was a real waste of Fuel IMO.
Still if on a budget the M5 may be an itch you have to scratch, good luck and choose well.
My M5 and M6 were never able to be "Stretched" which was a real waste of Fuel IMO.
Still if on a budget the M5 may be an itch you have to scratch, good luck and choose well.
JMBMWM5 said:
I've had the LCI M5 and M6 GC CP, I bought a new 540i M Sport and had the "M" Performance Pack fitted, upgrading engine exhaust and Torque converter, it flys and is so up market, I love.
My M5 and M6 were never able to be "Stretched" which was a real waste of Fuel IMO.
Still if on a budget the M5 may be an itch you have to scratch, good luck and choose well.
I was just about the say one of the big considerations will be the 540i is an Xdrive. My M5 and M6 were never able to be "Stretched" which was a real waste of Fuel IMO.
Still if on a budget the M5 may be an itch you have to scratch, good luck and choose well.
If an M5 is an itch you need to scratch then just do it.
Otherwise I think as an allrounder everyday you will be VERY happy with the 540i, its an excellent car, you can get warranty approved power upgrade.
You need to consider thinks like discs and pads on the M5 being very costly and depending on what age you get, how its been driven, those things will be due/due soon.
Just upgraded from 2016 535d to 2017 M5. Cost me £60 month over 535d. BUT I drove a new 540 x-drive before the M5 and to me there is no comparison. The M5 is a 'competition pack' model and has the upgraded B & O stereo and a service pack valid till Jan 20. Also 2 brand new rear tyres. All for 50k and car is under BMW warranty till Jan 20 as well.
IMO the M5 drives better, handles better and has the most comfortable seats I have ever sat in. Just done a 150 mile motorway journey and got 29mpg as well.
IMO the M5 drives better, handles better and has the most comfortable seats I have ever sat in. Just done a 150 mile motorway journey and got 29mpg as well.
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