2005-2010 Is the BMW M5 E60 a Used Car Worth Buying?
The 2005 to 2010 BMW M5 E60 is a steal for its V10 engine and powerful performance, but this supercar is also notoriously unreliable.
Written by Allison Stone
Reviewed by Kathleen Flear
A 500 horsepower supercar for under $20,000 seems too good to be true, but that’s exactly what you get from the 2005 to 2010
BMW M5
E60. Whether or not this
used car
is worth the buy is a controversial topic, but the car ownership experts
at Jerry are here to present you with the straight facts. Read on to learn more about the M5 E60, what makes this car so special, and why this particular generation leaves car enthusiasts so divided. What is the BMW M5 E60?
First launched in 2005, the M5 was BMW’s continuation of the E60 5-series. According to
topspeed.com
, the supercar sedan’s styling came under fire when it was first released, but nearly 20 years later it doesn’t seem so bad. The M5 was created as a high-performance variant of the midsize
BMW 5 Series
luxury sedan, and in spite of its reliability issues, many drivers couldn’t resist the car’s breathtaking stats. The 5.0-liter V10 engine
produces a maximum 500 hp at 7,750 rpm and 383 pound-feet of torque at 6,100 rpm, and these days you can snag one for less than $20,000. Depending on the condition it’s in, you’ll likely have to put some money into it to keep things running, but is it worth it?
A notoriously unreliable supercar
To say the least, many auto enthusiasts and car collectors are torn over this one.
In some sense, a car like the 2005 to 2010 BMW M5 E60 could be a great “
almost classic
,” or a car you get for a steal now that will become a gem among your collection once it reaches classic car status. At the same time, there are other comparable models from this era that offer more reliability. If you do decide to invest in one, your best bet is going to be a car that’s already in good condition, that has had regular servicing, and as much detailed service history as you can find.
Sure, you’ll likely be paying more upfront, but unless you’re interested in pouring some money into a real project car, you’ll get the most mileage out of a well-maintained model.
MORE:
2017 BMW 5 Series Sedan
Getting car insurance for a used car
Used and older cars are typically cheaper to insure than a new car, but if you’re buying one with specialized parts or technology, it can get tricky.
Don’t waste your time scouring the internet for the best deal. Sign up with the
Jerry
app and you’ll get quotes from 50+ insurance providers in seconds. A licensed broker, Jerry does all the hard work of finding cheap quotes from the top name-brand insurance companies and buying new car insurance. Jerry will even help you cancel your old policy.
To ensure you always have the lowest rate, Jerry will even send you new quotes every time your policy comes up for renewal, so you’re always getting the coverage you want at the best price.
This level of service is why Jerry earned a 4.6/5 rating on the App Store and made it the top insurance app in the country.
4.7
