BMW newbie
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Joined: Dec 2012
Posts: 571
Likes: 10
From: Montreal Quebec Canada
My Ride: 2005 545i, premium package, 6sp manual, cold package, navigation package.
Model Year: 2005
Engine: N62
I'm with you (although mine is a 2008 with 230k km). I work with a guy who thinks that spending money maintaining "such an old car" is a waste. He buys a new car every 2 years and is constantly in debt and fighting depreciation. I picked up this car in 2012 and the cost of ownership is less than 20% of his payments for his economy cars.
New Members
Joined: Oct 2012
Posts: 757
Likes: 15
From: Chestermere AB
My Ride: 535xi
Model Year: 2008
Agreed. My 2005 545 has 337k kms. Its not what the car is worth that counts, but the cost of owning and maintaining the car and the reliability compared to a "newer" car of the same performance that matters. 3000K $ a year is still cheaper than buying or leasing a comparable performance car. Insurance costs are lower too!
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kurjan
Dealer Purchasing & Service Forum
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Nov 9, 2005 04:21 PM