E39 M5: Buy without warranty?

[rassi]

Having bitterly regretted leaving BMW ownership, I am trying to get back, and hopefully in an E39 M5.

While I am aware of the Vanos issue, oil consumption and related maladies, would you - at the right price - venture into buying an otherwise perfect, early (98-99) M5, with full service history and lowish mileage (50-75.000 miles) but without being covered by the extended BMW warranty?

Would BMW bite the bullet and foot the bill for Vanos work, as long as it has a FSH (as some E36 evo/MC owners have managed)?

Thanks!

>>> Edited by rassi on Saturday 27th November 09:14

[rassi]

Thanks!

Should you ever come across a LHD E39 M5, give me a shout!