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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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#1 (permalink) Old 09-17-2008, 01:57 PM
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New to BMW...Looking for Advice

Hi,

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.

Thanks!
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#2 (permalink) Old 09-17-2008, 11:53 PM
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BMW xi models tend to cost more for maintenance / repairs. On the other hand, in cold weather climates, xi models are literally a must. If you do not necessarily need an xi, then go for a 530i model.

For aftermarket warranties, try companies such as: Warranty Direct

Or, you can also try your current insurance carrier for extended warranty options.
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