e60 m5 running costs
Discussion
Hi Guys I am thinking of getting an e60 m5 as I don't do many miles anymore.
What are the running costs like? I am assuming that it will average 15mpg, tyres £200 each I know it wont be cheap
I am looking at highermilage ones as I only do around 8k a year so its not really an issue.
I have seen some people suggest a warranty is this completely necessary?
What sort of big bills should I expect with a car that has done 80k miles.
What are the running costs like? I am assuming that it will average 15mpg, tyres £200 each I know it wont be cheap
I am looking at highermilage ones as I only do around 8k a year so its not really an issue.
I have seen some people suggest a warranty is this completely necessary?
What sort of big bills should I expect with a car that has done 80k miles.
The thing with the E60 m5 is that almost everything is linked to the engine management, so if any sensors play up or fail it effects so much... There is still not a lot of people that properly understand the electronics and thus getting simple things replaced ends up a major cost and chore.
Saying that I have run both my m5s without warranty and prefer to put 2k in the bank a year to cover repairs, it's not fully covered my costs but I made my choice.
Saying that I have run both my m5s without warranty and prefer to put 2k in the bank a year to cover repairs, it's not fully covered my costs but I made my choice.
hoppo4.2 said:
The same was said about the e39 and there's plenty of them running about without a warranty.
It's like any performance car the prices can be steep but it's comes with the territory.
In many cases if you saved the cost of the warranty it would cover your bills over the year.
The E39 is a lot simpler and doesn't have a £2500 smg pump etc etc etc It's like any performance car the prices can be steep but it's comes with the territory.
In many cases if you saved the cost of the warranty it would cover your bills over the year.
E60 smg pump is £600 like an e46 m3 one... Early M5s had a pump design that prone to failure and when it went it damaged a lot of other hydraulics that adds up. Replaced it all on my first M5 only to find it was miss diagnosed and wasn't actually rather issue... This lack of skill and knowledge working on the E60 is why it's such an expensive car to run if things go wrong.
My new m5 is a later model with the more reliable pump lol
My new m5 is a later model with the more reliable pump lol
Nothing wrong with them had mine for nearly 3 years, and no warranty and 98k's on the clock!!!!
All its cost me is a service and set of tyres, it I was only bought as a toy, I've only done 10k's in that time.
Locally 14mpg motorway 23mpg, road tax £500, Insurance full comp £190, servicing in 3 years £250 and tyres Michellin pilot sport £600, I will be selling in the new year not because I want to, but because need to purchase a 4x4 pickup for work !
TBH it annoys me when people ask what are they like to run, cost, and reliability, out they come slagging them off, quoting don't buy without warranty it will cost a fortune in repairs.
Warranty cost £2000 for 60k car and under, above that you'll pay £3200
I was going to buy warranty at £3200 a year when I first got ours with 88k's, so glad I didn't listen to the scaremongers, you take a chance with any car these days. We've spent best part of £7000 in 4 years on the Mrs E93 330d ..now that is a pile of s
te !!!
All its cost me is a service and set of tyres, it I was only bought as a toy, I've only done 10k's in that time.
Locally 14mpg motorway 23mpg, road tax £500, Insurance full comp £190, servicing in 3 years £250 and tyres Michellin pilot sport £600, I will be selling in the new year not because I want to, but because need to purchase a 4x4 pickup for work !
TBH it annoys me when people ask what are they like to run, cost, and reliability, out they come slagging them off, quoting don't buy without warranty it will cost a fortune in repairs.
Warranty cost £2000 for 60k car and under, above that you'll pay £3200
I was going to buy warranty at £3200 a year when I first got ours with 88k's, so glad I didn't listen to the scaremongers, you take a chance with any car these days. We've spent best part of £7000 in 4 years on the Mrs E93 330d ..now that is a pile of s
te !!!Mine is under 60k and the warranty is £1200 a year no excess. Again mine has been just as reliable as any other car I've owned. Excluding the warranty cost I've probably spent less on it than my previous E39 M5 which was a really good example. You do get quite a lot of negative comments re reliability and running costs from people that have never even owned one. Schermerhorn I think you had a particuly bad experience with your M6 with all the repairs it had to have I think I would feel the same when replying to a thread on M5/M6 V10 ownership if mine had suffered all those issues.
Edited by cosworth330 on Monday 7th December 08:06
mbromwel7 said:
servicing in 3 years £250
What have you serviced in 3 years?Parts alone for an oil change is about £120.
Don't take this the wrong way but I wouldn't be too keen on your car if it was for sale! Oil change every year regardless of mileage and brake fluid at least every 2 years IMO.
I've had my e61 M5 estate now for 18 months and 18,000 miles (now on 51k). It had a wobble right at the start of my ownership (2 days in!!), the DSC pump went, and was replaced - the costs covered by the dealer I bought it from, but apart from that, its been utterly reliable. And yes it is now covered by a BMW warranty - which hasn't been used and costs around £1300 p/a.
It drinks like George Best out on a bender with Oliver Reid (11-15mpg around the doors, 24mpg on a run); tyres (at least £200 a corner), servicing (major service around £850) and brakes (£600 per axle) are expensive, but no more than any other car with 500hp and the performance to match - but being brutally honest as a daily runner considering all the costs involved, especially depreciation, over the past 18 months it has been cheaper to run than my previous (new) Merc E350 diesel estate.
Buy the right car, with a good history, that's had money spent on it - rather than one that's been neglected, and your off to a good start.
I absolutely love mine - the noise, grunt, and then the ability to switch it off and cruise for hours comfortably, it is brilliant. (even quite like the gearbox)
It drinks like George Best out on a bender with Oliver Reid (11-15mpg around the doors, 24mpg on a run); tyres (at least £200 a corner), servicing (major service around £850) and brakes (£600 per axle) are expensive, but no more than any other car with 500hp and the performance to match - but being brutally honest as a daily runner considering all the costs involved, especially depreciation, over the past 18 months it has been cheaper to run than my previous (new) Merc E350 diesel estate.
Buy the right car, with a good history, that's had money spent on it - rather than one that's been neglected, and your off to a good start.
I absolutely love mine - the noise, grunt, and then the ability to switch it off and cruise for hours comfortably, it is brilliant. (even quite like the gearbox)
The SMG hydraulic system is easy to repair...for someone familiar with hydraulics systems and that typically isn't a car technician.
Early production (up to 11/05) had defective brush composition inside the electric pump motor leading to failure. Aside from that, there have been no actual component changes to them. It's unfortunate that BMW didn't provide better training and documentation for the system to their service network. It has resulted in thousands and thousands of dollars in unnecessary repairs over the years replacing entire transmissions and entire hydraulic units when only a relay, or pump motor, or very occasionally a solenoid valve needed to be replaced. Getting the knowledge out there is key enjoying these cars and not paying absurd labor fees for guesswork repairs.
I've owned my car going on 4 years now and short of a spun rod bearing, have seen every potential failure between mine and friend's cars and never gone to a dealer once out of mistrust.
I say buy it, drive it, and if it breaks, fix it. I have no hesitation owning this car out of warranty. As for finding a repair shop capable, that can be challenging, but they are out there.
If they can't tell you what each one of the following pieces do in this picture, they have no business fixing your SMG.
Early production (up to 11/05) had defective brush composition inside the electric pump motor leading to failure. Aside from that, there have been no actual component changes to them. It's unfortunate that BMW didn't provide better training and documentation for the system to their service network. It has resulted in thousands and thousands of dollars in unnecessary repairs over the years replacing entire transmissions and entire hydraulic units when only a relay, or pump motor, or very occasionally a solenoid valve needed to be replaced. Getting the knowledge out there is key enjoying these cars and not paying absurd labor fees for guesswork repairs.
I've owned my car going on 4 years now and short of a spun rod bearing, have seen every potential failure between mine and friend's cars and never gone to a dealer once out of mistrust.
I say buy it, drive it, and if it breaks, fix it. I have no hesitation owning this car out of warranty. As for finding a repair shop capable, that can be challenging, but they are out there.
If they can't tell you what each one of the following pieces do in this picture, they have no business fixing your SMG.
Shaoxter said:
Given an Ikea-style diagram that doesn't look too complicated to take apart/put together?
It really isn't. BMW provides a nice line diagram schematic even. Finding replacement O-rings and seals has been challenging though, but done finally. I've rebuilt 5 of these now. The motor in the top right is the number 1 cause of failure by far. By design as well. Brushed motors have limited life, period. BMW has to make money in parts somehow, right? Can't have engineers running around speccing brushless motors can we?Shaoxter said:
What have you serviced in 3 years?
Parts alone for an oil change is about £120.
Don't take this the wrong way but I wouldn't be too keen on your car if it was for sale! Oil change every year regardless of mileage and brake fluid at least every 2 years IMO.
Bought 25lt from Opie oils had 2 oil changes and filters, sorry forgot about the brake fluid change at BMW dealers £80 !! Regulary in local dealers who advise if anything needs to be done !Parts alone for an oil change is about £120.
Don't take this the wrong way but I wouldn't be too keen on your car if it was for sale! Oil change every year regardless of mileage and brake fluid at least every 2 years IMO.
I've also just started looking for my next main car and an M5/M6 is on the shortlist (I've had an E61 535d which I loved except for the engine), and as £20k really seems enough to buy anything but the lowest mileage examples they must be pretty depreciation proof now.
Anyways I've had a look at the buying guide at the top of the forum and obviously the mechanicals are the same but are there are any M6 specific issues to look out for?
Anyways I've had a look at the buying guide at the top of the forum and obviously the mechanicals are the same but are there are any M6 specific issues to look out for?
my history..bought a AUC e60 m5 for 21k 4 years ago this coming February it had 48k on clock and the price included the extended 2 yr warranty ,the car has in that time only has only covered 18k and ive had have 1 oil/filter service £400 ,1 micro filter £70 ,and replaced all 4 tyres £700 ish and on warranty that i extended at a cost of £90 pcm ( everything elec/mech) with mondial through bmw ive had a gear position sensor £250 and the CD shuttle relplaced,other than that 1ltr of oil £20 every 1-1.5k and fuel however i now have car booked in at bmw for rear pads and disks £800 ,so i dont know if ive been lucky or not but they arnt ball busting as long as you have the mondial insurance in place,i pay 1k per yr warranty and £380 to insure
my history..bought a AUC e60 m5 for 21k 4 years ago this coming February it had 48k on clock and the price included the extended 2 yr warranty ,the car has in that time only has only covered 18k and ive had have 1 oil/filter service £400 ,1 micro filter £70 ,and replaced all 4 tyres £700 ish and on warranty that i extended at a cost of £90 pcm ( everything elec/mech) with mondial through bmw ive had a gear position sensor £250 and the CD shuttle relplaced,other than that 1ltr of oil £20 every 1-1.5k and fuel however i now have car booked in at bmw for rear pads and disks £800 ,so i dont know if ive been lucky or not but they arnt ball busting as long as you have the mondial insurance in place,i pay 1k per yr warranty and £380 to insure and if your worried about fuel costs you shouldn't even intrested in owning one ..ive never kept a car this long in my life and im 42 ...if you have an itch fk it and scratch it whats the worse that can happen im more concerned that my wife is spinking my wages on foxy bingo whilst im at work haha
k it and scratch it whats the worse that can happen im more concerned that my wife is spinking my wages on foxy bingo whilst im at work hahaMr_B said:
£800 to change discs and pads ? You can get genuine discs and pads for £500 easily and DIY or take it to a local place and have them spend 40 mins changing them cut that bill down.
Not sure you can DIY with a Mondial warranty in place.But sounds like you're being ripped off for everything, £400 for an oil + filter service? £20 for a litre of oil when you can get 4L from ECP for £30??? I would take a look at the BMW fixed price servicing rather than just rocking up at your local dealer!
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