5-Series (E12,E28, E34, E39, E60)Chat relating to the BMW 5-Series of all generations. Specific models include: BMW 518, BMW 520, BMW 520i, BMW 530i, BMW 528i, BMW 530i, BMW 518i, BMW 524d, BMW 525i, BMW 525e, BMW 528e, BMW 540i, BMW 535i, BMW 520d, BMW 525td, BMW 525d, BMW 530d, BMW 525i/xi, BMW 530i/xi. (BMW 5-Series Forum)
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Hey guys, Im new to the forum. Just purchased a 1997 540i, Automatic, with 52k miles. I paid 14.5k, I was just wondering if I got a good deal. The car is in excellent condition, with new brakes, tires, and battery. Also, I havent had the car fully checked out. Just drove it, and did a visual check. What would you guys recommend i check out on her. Thanks for your help
for that milage and the condition you say it is in, it sounds like a great deal to me. i was looking at 540i's and a dealer had a 1997 model with 45k miles for $24k. i coulda talked him down alot probably but anyway, it sounds like you got a good deal! i know the good feeling i just got my car (in sig) 2 days ago!
That's an absolute steal if it really is in such good condition. Mine has more miles and I paid a bit more for it, and it was still a good deal.
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Welcome, I'm relatively new to the BMW world myself.
I can confirm what the others have said... that's a fantasic deal.
So, with that said, I'd take some of the money you've saved on this super low purchase price and find the nearest BMW dealer and have them do a checkup. I assume they all will do the $90 car evaluation checkup. They will give yuo a written report on what they've found. They can even lookup the Vin # and tell you what major services that may have been done at another dealership.
This way, they should identify anything that is not working or broken, etc. It will be a good starting point. You will either end up with a list of things that need attention or you will have the peace of mind that nothing should be falling off soon.
Then you can locate a more reasonably priced mechanic that you can trust but won't break the bank for future work.
good luck
Ken
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