E60 Discussion Anything and everything to do with the E60 5 Series. All are welcome!

Trade-in 550i for M6- Yay or Nay?

Thread Tools
 
Search this Thread
 
Old 01-31-2011, 08:29 AM
  #31  
Contributors
 
EuroCarFan's Avatar
 
Join Date: Aug 2005
Location: San Jose, CA
Posts: 11,432
Likes: 0
Received 1 Like on 1 Post
My Ride: E60 M5, F85 X5M
Default

Originally Posted by ktlocklear
My salesman I bought the 550 from that is at a different dealer is checking into it for me. I also emailed the General Manager at the bmw dealer that CPO'd the car, and he responded back and said he will check on it as well. So hopefully we'll get to the bottom of it.

As far as dealer extended warranty...yeah, I think their prices were kind of steep as well. The M6 is a '07 and has 35k miles on it.
What 3rd part companies does everyone use?

I would use it as a DD, so yeah I'm prepared for fuel cost. I drive 50 miles round trip 5 days a week, all non stop fwy driving, so that should help at least.
If you get confirmation that the car is CPO'd, get it in writing. Member Shezmon bought an M5 where he was told it had a CPO but when he took it in to do some work, they said it didn't.

As far as aftermarket warranties, I and a few others on here, use Easy Care. I've had good dealings with them so far. Knock on wood.
Old 01-31-2011, 12:33 PM
  #32  
Senior Members
 
pukka's Avatar
 
Join Date: Jun 2007
Location: Atlanta, GA
Posts: 1,845
Likes: 0
Received 1 Like on 1 Post
My Ride: 2008 535i: (8/07 Build) Metallic Bronze, Beige NASCA Leather, Ventilated Seats, Sport Pkg, Cold Wxr Pkg, Logic-7 Sound, HUD, Night Vision, PDC, Split Rear Seats, NAV, Premium Pkg, Comfort Access, HD Radio, Sport Auto Trans Current mods: M-Aero Kit, JB4, Motorcepts 6000k HID Foglamps Umnitza ICE-Lite 10w LED 6000k AE's 1992 Camaro RS: Fully Restored w/Custom Interior, 5.0L V8, T-tops, OEM Z28 Foglamps, Inst Cluster, & Spoiler, Custom Sound, Too many engine mods to list
Default

Originally Posted by ktlocklear
I would use it as a DD, so yeah I'm prepared for fuel cost. I drive 50 miles round trip 5 days a week, all non stop fwy driving, so that should help at least.

Correct me if I'm wrong, but the highest mpg the car gets is 15 on the hwy. Assuming a 16 gallon tank thats about 240 miles. By comparison my 535 gets about 450 miles on a full tank - almost double. So if you topped off on Monday and only drove from home to work and back (at a resonable speed btw), you wouldn't make it back home on Friday. Do any extra driving around town and the mileage gets worse.

I'm not trying to scare you - I'm just checking to see if you are really cool with this stat and don't end up getting buyers remorse because of it.
Old 01-31-2011, 12:46 PM
  #33  
Senior Members
Thread Starter
 
ktlocklear's Avatar
 
Join Date: Oct 2008
Location: B-Ham, AL
Posts: 1,185
Likes: 0
Received 0 Likes on 0 Posts
My Ride: '06 550i '84 Nissan S12 Turbo
Default

Originally Posted by pukka
Correct me if I'm wrong, but the highest mpg the car gets is 15 on the hwy. Assuming a 16 gallon tank thats about 240 miles. By comparison my 535 gets about 450 miles on a full tank - almost double. So if you topped off on Monday and only drove from home to work and back (at a resonable speed btw), you wouldn't make it back home on Friday. Do any extra driving around town and the mileage gets worse.

I'm not trying to scare you - I'm just checking to see if you are really cool with this stat and don't end up getting buyers remorse because of it.
my 550 averages about 19 on the hwy....so not much better than the claimed mpg of the M6...93% octane is still pretty cheap here....so I'm not too worried. Yeah, I would be stoked with 450 a tank like your 535.....but I'm no where close to that with the 550....so I'm use to shitty mileage.

Just noticed you are in ATL. You know anything about Motorcars Of Georgia? They have I think 3 M6 coupes on their site. I may have to cruise over this weekend and check them out
Old 01-31-2011, 12:47 PM
  #34  
Contributors
 
EuroCarFan's Avatar
 
Join Date: Aug 2005
Location: San Jose, CA
Posts: 11,432
Likes: 0
Received 1 Like on 1 Post
My Ride: E60 M5, F85 X5M
Default

I've heard of people getting as high as 18-20mph on the freeway with their M5. I think the most I saw was a little over 16. And most people complain more about the inconvenience of having to fill up so many times more than anything else.
Old 01-31-2011, 02:00 PM
  #35  
Senior Members
 
dxb_8788's Avatar
 
Join Date: Sep 2010
Location: Dubai
Posts: 296
Likes: 0
Received 0 Likes on 0 Posts
Default

pull the trigger bro
dont look back if u have a good job and u can afford it do it life comes once


but check the car million time u dont want to feel sorry later be sure its the cleanest & no damages at all
Old 02-02-2011, 07:26 AM
  #36  
Members
 
NYAWE60's Avatar
 
Join Date: Nov 2010
Location: NYC, NY
Posts: 221
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2008 535i, Sport, Premium, Navi, Comfort Access, USB/iPod Bluetooth, Cold Weather Package, Bi Xenon Cornering Headlights
Default

Be sure the car is under warranty or CPO'd. If so, pull the trigger and enjoy. If the car isn't too clean, run away and don't look back. My friend had a beautiful Alpine White M5 for three years, he bought it with 12K on the clock. At 22K, the SMG tranny died (search red cog of death) The replacement cost with labor was $21,000, the cost to him was $0 as the car was under warranty. Good luck, owning an M5/M6 is a privilege not most Bimmer fans ever get to have
Old 02-02-2011, 07:51 AM
  #37  
Senior Members
Thread Starter
 
ktlocklear's Avatar
 
Join Date: Oct 2008
Location: B-Ham, AL
Posts: 1,185
Likes: 0
Received 0 Likes on 0 Posts
My Ride: '06 550i '84 Nissan S12 Turbo
Default

It is still under the factory warranty until October...so I would have a little bit of time to get a 3rd party warranty.
Still haggling with the dealer. Yesterday they offered me 2k more on trade-in for the 550 making it $19k. At least it is in the trade-in value range now, but on the low end...lol So that is a little better. They also knocked off $1k off the asking price....so we're making some progress.
Old 02-06-2011, 04:09 PM
  #38  
Senior Members
Thread Starter
 
ktlocklear's Avatar
 
Join Date: Oct 2008
Location: B-Ham, AL
Posts: 1,185
Likes: 0
Received 0 Likes on 0 Posts
My Ride: '06 550i '84 Nissan S12 Turbo
Default

Decided to go for it!

Check it out........

https://5series.net/forums/topic/109...1#entry1302991
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Vman33
Complete Car Sales
5
03-14-2022 04:43 AM
PakiBeamer
E60 Discussion
16
12-09-2016 04:40 AM
Jiawei Zhao
E60 Discussion
11
10-21-2015 08:46 PM
fabolous531
E60 Discussion
4
10-18-2015 12:22 PM
spediegunz
E60, E61 Parts, Accessories and Mods
0
08-30-2015 09:43 AM



Quick Reply: Trade-in 550i for M6- Yay or Nay?



All times are GMT -8. The time now is 03:35 PM.