E60 M5 Discussion The almighty M5. Have you seen one today?

Potentially buying M5, need help with few questions!

Thread Tools
 
Search this Thread
 
Old 03-07-2010, 09:43 AM
  #11  
Members
 
50LID's Avatar
 
Join Date: Jul 2009
Location: Calgary, Alberta, Canada
Posts: 141
Likes: 0
Received 0 Likes on 0 Posts
Default

Get the car from an auction. I just has a alpine white 2008 M5, 28K km's on it and it was Dinan tuned with aftermarket wheels. Fully loaded. Car went for $59,000 Canadian! Only reason I didn't get it is cause I still have my '06 530xi on my hands and I have to sell that before I get the M5. Any buyers?
Old 03-07-2010, 09:59 AM
  #12  
Contributors
 
luigi524td's Avatar
 
Join Date: Dec 2007
Location: The State of Southern NJ!
Posts: 5,972
Likes: 0
Received 0 Likes on 0 Posts
Default

What is the automobile insurance premium difference in Canada between a 530/535 - 550 and the M5.

I've already been advised the premium increase, keeping the same full coverages in New Jersey (comprehensive, collision, uninsured motorist coverage, $500 deductible, $1M liability blanket etc etc etc would increase my annual premiums as a "preferred customer" (no moving violations, no points, no accidents, no claims for 10+ years , etc etc) from $1200/yr for my '07 530xi (It's one of three cars on the policy) to approx $4,500 to replace the xi with a 2009-2010 M5.

So, between the economy remaining in the crapper, my investments barely peeking above whale shit, in July my health insurance premiums jump from $15,000 a year to $31,000 a freakin year !!!!! THANK YOU THANK YOU THANK YOU THANK YOU

I'll probably need to raise my client fees 500%+ just to break even next year and be able to afford buy a Ford Focus!!

So, how's life in Canada?
Old 03-07-2010, 11:03 AM
  #13  
Contributors
 
sdg1871's Avatar
 
Join Date: Mar 2009
Location: New York, New York
Posts: 10,301
Likes: 0
Received 0 Likes on 0 Posts
My Ride: See my signature
Default

Originally Posted by luigi524td
So, between the economy remaining in the crapper, my investments barely peeking above whale shit, in July my health insurance premiums jump from $15,000 a year to $31,000 a freakin year !!!!! THANK YOU THANK YOU THANK YOU THANK YOU

I'll probably need to raise my client fees 500%+ just to break even next year and be able to afford buy a Ford Focus!!

So, how's life in Canada?
Your health insurance premiums are more than doubling??? Yikes. I am so very sorry to hear that. That just sucks. But our health insurance system is perfect and needs no reform and anyone who suggests otherwise is socialist and anti-American. Seriously, that is just so upsetting to me. What are good, hardworking people supposed to do?

On topic, I still want a M5......so badly
Old 03-07-2010, 12:04 PM
  #14  
Contributors
Thread Starter
 
tbal's Avatar
 
Join Date: Dec 2007
Location: Vancouver, BC
Posts: 4,508
Likes: 0
Received 0 Likes on 0 Posts
My Ride: See sig :)
Default

Originally Posted by 50LID
Get the car from an auction. I just has a alpine white 2008 M5, 28K km's on it and it was Dinan tuned with aftermarket wheels. Fully loaded. Car went for $59,000 Canadian! Only reason I didn't get it is cause I still have my '06 530xi on my hands and I have to sell that before I get the M5. Any buyers?
59 for a 2008 no way! Where are these auctions, any links?
Old 03-07-2010, 12:22 PM
  #15  
Members
 
50LID's Avatar
 
Join Date: Jul 2009
Location: Calgary, Alberta, Canada
Posts: 141
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by tbal
59 for a 2008 no way! Where are these auctions, any links?
Private auctions. Must be a certified dealer. My uncle is one and I got a friend who has connections to somebody. He just bought himself an '08 M3 cabriolet with 23K km's for dirt cheap. We're talking about $35,000 (special circumstances, once in a lifetime deal, not ordinary for auctions). He's just getting the inspections done and software updates. It'll be ready to hit the streets March 17th. He is debating on whether to get an M5 instead or to keep his M3. '08 M5, alpine white, 30K km's, Dinan tuned, for $58,000.
Old 03-07-2010, 05:59 PM
  #16  
Senior Members
 
BMWPower06's Avatar
 
Join Date: Apr 2008
Location: Northern VA
Posts: 741
Likes: 0
Received 0 Likes on 0 Posts
My Ride: E60 BMW ///M5 V10
Default

Get the one with the lower miles. Nothing major changed between 06 and 07
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
GnarlsCharles
E34/E28/E12 Discussion
1
09-26-2015 08:39 AM
nuklep
E60 Discussion
0
08-07-2015 06:42 PM
clbyrd32
E60 Discussion
8
08-07-2015 11:39 AM
ka2er
Bluetooth & Cell Phone Forum
0
07-31-2015 08:08 AM
highred
E60 Discussion
3
07-20-2015 11:56 AM



Quick Reply: Potentially buying M5, need help with few questions!



All times are GMT -8. The time now is 08:36 PM.