New to BMW...Looking for Advice
I currently drive a 2007 Acura MDX with Navigation and love it. My wife has a 2002 Pasaat. I commute 62 miles total to work each day and the gas mileage on my MDX is ridiculous (20 highway). I am going to give my wife the MDX and trade in her Volks. I am looking at a CPO 2006 530xi with Premium, Cold Weather and Nav for $34k. It has 42K miles on it. I will put down $10k plus trade ($6500) for a total of $16,500. I would finance for 60 months.
My question is since I drive so much, the CPO will expire 3 years before I pay off the car. By the time I pay it off, it will have 100,000 miles on it. Is this silly for me to do? I dont really know what to expect in terms of reliability. Is there a good chance that the 3 years that it isnt covered under warranty, I will incur expensive maintenance bills? Is this year and model a solid, reliable car?
Can you purchase an extended warranty from a 3rd party after the CPO expires to make me feel better?
Any feedback, advice, assurance would be helpful. I want to enjoy the car and not have to worry about paying expensive repair bills.