Pre Owned BMW 5 Series: 6 Amazing Deals
Looking for a pre-owned BMW 5 Series? Discover 6 amazing deals that blend luxury, performance, and value. This guide helps you find your perfect executive sedan without breaking the budget, making a smart investment in German engineering.
Key Takeaways
- Find luxury BMW 5 Series deals.
- Understand pre-owned value and inspection.
- Explore specific model years for savings.
- Learn about financing pre-owned luxury.
- Identify common issues and their fixes.
- Navigate the purchase process confidently.
Dreaming of driving a BMW 5 Series? You’re not alone. This iconic luxury sedan offers a perfect blend of performance, comfort, and cutting-edge technology. But the new car price tag can be a hurdle. The good news is that a pre-owned BMW 5 Series offers incredible value, allowing you to experience premium driving without compromise. Many drivers find navigating the used car market daunting, especially for a sophisticated vehicle like a BMW. This guide is here to simplify the process. We’ll walk you through finding amazing deals on pre-owned BMW 5 Series models, making your journey to owning a piece of German automotive excellence smooth and rewarding. Get ready to discover your next executive sedan.
Why a Pre-Owned BMW 5 Series is a Smart Choice
The BMW 5 Series has long been the benchmark for mid-size luxury sedans. It consistently delivers a driving experience that is both engaging and refined. When you opt for a pre-owned model, you’re not just saving money; you’re also benefiting from the fact that the steepest depreciation has already occurred. This means you can often afford a higher trim level or a more recent model year than you might if buying new. Think of it as getting more car for your dollar. The engineering behind the 5 Series is built to last, with proper maintenance, these vehicles can provide many more miles of reliable and enjoyable driving. It’s about smart buying, not just a cheaper option. Let’s explore how to find those incredible deals.
Understanding Pre-Owned BMW 5 Series Value
When looking at a pre-owned BMW 5 Series, value is determined by several key factors. These include the model year, mileage, condition, trim level, and maintenance history. Newer models with lower mileage will naturally command higher prices. However, a well-maintained older model can still be an excellent buy. trims like the 530i, 540i, or the M Sport package offer different levels of performance and features, impacting their resale value. Always consider the cost of ownership, including potential maintenance and insurance. A pre-owned 5 Series often represents a significant saving over its original MSRP, making it an attractive proposition for discerning buyers.
To get a realistic idea of what a specific pre-owned BMW 5 Series is worth, you can consult resources like Kelley Blue Book (KBB) or Edmunds. These sites provide valuation tools that consider various factors. For instance, a 2018 BMW 540i with 40,000 miles in good condition will have a different market value than a 2020 model with 20,000 miles. Understanding these differences helps you negotiate effectively and ensure you’re getting a fair price.
6 Amazing Pre-Owned BMW 5 Series Deals to Consider
Finding a great deal on a pre-owned BMW 5 Series is about knowing where and when to look. While specific inventory changes constantly, we can highlight some model years and configurations that typically offer exceptional value. These selections aim to balance desirability, reliability, and affordability.
1. The Value Champion: 2014-2016 BMW 5 Series (F10 Generation)
This era of the 5 Series (F10) is renowned for its refined ride, sophisticated interior, and robust performance. Models like the 528i and 535i from these years can be found at very attractive price points. They represent a sweet spot where you get modern BMW luxury and technology without the premium cost of the latest generation. These cars often feature reliable engines and a comfortable, spacious cabin that’s perfect for daily commutes or long road trips. While they lack some of the very latest infotainment features, they still offer a premium experience.
Why it’s a great deal:
- Significant depreciation means lower purchase price.
- Proven reliability with proper maintenance.
- Still offers a luxurious and technologically advanced interior for its age.
- Wide availability in the pre-owned market.
What to look for: Check for a comprehensive service history, especially regarding oil changes and cooling system maintenance. Inspect the transmission fluid and the condition of the suspension components. The N55 inline-six engine in the 535i is generally robust, but early models can sometimes have turbocharger issues. The 528i, with its N20 four-cylinder, is also a solid choice, though timely oil changes are crucial to prevent timing chain wear.
2. The Performance Bargain: 2017 BMW 540i (G30 Generation – Early Models)
The G30 generation of the 5 Series, introduced for the 2017 model year, brought significant updates in technology, design, and performance. The 540i, powered by BMW’s potent B58 inline-six engine, offers thrilling acceleration and smooth power delivery. Early models from 2017 or 2018, with moderate mileage, represent an excellent opportunity to get into the latest generation of the 5 Series at a much more accessible price. You’ll benefit from newer interior designs, more advanced driver-assistance features, and improved fuel efficiency compared to previous generations.
Why it’s a great deal:
- Access to the modern G30 platform.
- Excellent performance from the B58 engine.
- More advanced technology and safety features.
- Still feels contemporary and luxurious.
What to look for: The B58 engine gained a reputation for reliability. However, as with any modern luxury car, ensure all software updates have been performed. Inspect the iDrive infotainment system for any glitches and check the condition of the leather and interior trim. Full service records are essential, especially for the first few years of ownership where recalls or early issues might have been addressed.
3. The Tech-Savvy Choice: 2018-2019 BMW 5 Series (G30 Generation with Advanced Features)
Stepping slightly younger, the 2018 and 2019 models of the G30 5 Series offer a fantastic blend of performance and technology. These years often come equipped with more advanced infotainment systems, enhanced driver-assistance packages (like adaptive cruise control and lane-keeping assist), and premium audio options. Models like the 530i offer a great balance of efficiency and power, while the 540i provides that extra surge of performance. Finding one with the M Sport package adds sporty styling and handling improvements, making it a visually appealing and dynamic choice.
Why it’s a great deal:
- Cutting-edge technology and safety features.
- Sleek, modern design.
- Reliable powertrain options.
- Often found with desirable optional packages.
What to look for: Pay close attention to the specific options installed. Features like the Head-Up Display, premium sound systems, and advanced parking assistance can significantly enhance the ownership experience. If the car has been used for extended highway driving, check for wear on the adaptive cruise control sensors and cameras. A pre-purchase inspection by a BMW specialist is highly recommended.
4. The Fuel-Efficient Option: Pre-Owned BMW 530e Plug-in Hybrid
For those looking to reduce their fuel costs and environmental impact, a pre-owned BMW 530e offers an exceptional solution. This plug-in hybrid combines a turbocharged four-cylinder engine with an electric motor, providing impressive combined horsepower and the ability to drive on pure electric power for shorter distances. These models are typically well-equipped and offer a quiet, refined driving experience. As battery technology advances, earlier hybrid models have become more affordable, making them accessible for a wider range of buyers.
Why it’s a great deal:
- Significant fuel savings.
- Reduced emissions and environmental footprint.
- Still provides BMW’s signature performance and luxury.
- Potential tax credits or incentives may apply (check local regulations).
What to look for: The critical component here is the battery health. While most modern hybrid batteries are designed for longevity, it’s wise to inquire about battery warranty status and any known issues. Ensure the charging port and system function correctly. A mechanic specializing in hybrid vehicles can perform a thorough inspection. Also, verify that the charging equipment (cable, adapter) is included.
5. The Enthusiast’s Pick: Pre-Owned BMW M550i
If performance is your top priority, but a new M5 is out of reach, consider a pre-owned M550i. This model offers a significant portion of the M5’s power and athleticism with a more comfortable ride and a lower price point than its flagship sibling. Typically equipped with a V8 engine, all-wheel drive, and performance-tuned suspension and brakes, the M550i is a true sports sedan. Finding a well-maintained example from the G30 generation (2017 onwards) can provide an exhilarating driving experience at a fraction of the original cost.
Why it’s a great deal:
- Supercar-like performance in a luxury sedan package.
- V8 engine provides immense power and torque.
- M Sport enhancements offer superior handling.
- A more attainable route to high-performance BMW ownership.
What to look for: High-performance vehicles like the M550i can put more stress on components. A meticulous maintenance history is non-negotiable. Look for evidence of regular oil changes with high-quality synthetic oil, brake fluid flushes, and differential service. Inspect the tires for uneven wear, which could indicate alignment issues. A pre-purchase inspection by a BMW performance specialist is crucial.
6. The Certified Pre-Owned (CPO) Advantage
While not a specific model year, purchasing a BMW Certified Pre-Owned (CPO) 5 Series is a strategy that often yields excellent “deals” in terms of peace of mind and added value. CPO vehicles have undergone rigorous inspections, come with extended warranty coverage, and often include roadside assistance. While the initial price might be slightly higher than a comparable non-CPO vehicle, the included warranty can save you substantial amounts on unexpected repairs. This is especially valuable for luxury vehicles like the 5 Series, where parts and labor can be expensive.
Why it’s a great deal:
- Extensive multi-point inspection by BMW technicians.
- Comprehensive warranty coverage for added peace of mind.
- Roadside assistance included.
- Often come with a detailed vehicle history report.
What to look for: Review the CPO checklist to understand what was inspected. Ask about the remaining length of the warranty and any limitations. Ensure you receive all relevant documentation, including the warranty booklet and service records. CPO programs can vary slightly by dealer, so understanding the specifics of the warranty is key.
Where to Find Pre-Owned BMW 5 Series Deals
Discovering these amazing deals requires a strategic approach. Here are the best places to search:
- Franchise Dealerships (BMW and other brands): Often have the best selection of newer, well-maintained BMWs, including CPO models. They also tend to be more transparent with pricing and history.
- Reputable Independent Used Car Dealers: Some specialize in luxury vehicles and may offer competitive pricing. Do your due diligence and research their reputation.
- Online Automotive Marketplaces: Websites like AutoTrader, Cars.com, CarGurus, and eBay Motors allow you to search vast inventories from various sellers across the country. Use their filters to narrow down your search for specific model years, trims, and price ranges.
- Private Sellers: Can sometimes offer the lowest prices, but come with higher risk. Always conduct thorough inspections and paperwork.
When searching online, use specific keywords like “pre-owned BMW 5 Series,” “used BMW 540i for sale,” or “BMW 5 Series lease return” to refine your results. Always cross-reference pricing and vehicle history reports.
The Importance of a Pre-Purchase Inspection (PPI)
Regardless of where you find your pre-owned BMW 5 Series, a Pre-Purchase Inspection (PPI) is non-negotiable. This is a critical step that can save you thousands of dollars and a lot of headaches down the road. A PPI involves taking the car to an independent, qualified mechanic (preferably one specializing in BMWs) for a thorough examination. They will check for hidden mechanical issues, previous accident damage, fluid leaks, suspension wear, and much more. This inspection gives you leverage for negotiation if issues are found and provides peace of mind knowing the car’s true condition.
A PPI typically costs between $100 and $250, a small price to pay for the assurance it provides. You can find reputable independent specialists through online reviews, forums, or by asking BMW enthusiast groups for recommendations. For more information on vehicle inspections, resources like the National Highway Traffic Safety Administration (NHTSA) provide general guidance on used car safety checks.
Financing Your Pre-Owned BMW 5 Series
Financing is often a key part of purchasing a pre-owned luxury vehicle. Several options are available:
- Dealership Financing: Most dealerships offer financing through various banks and credit unions. They can sometimes secure competitive rates, especially for CPO vehicles.
- Bank or Credit Union Auto Loans: Applying directly with your bank or local credit union can sometimes yield lower interest rates, especially if you have a good credit history. Get pre-approved before you shop.
- Online Lenders: Many online lenders specialize in auto loans and can provide quick approvals.
When comparing loan offers, look beyond just the interest rate. Consider the loan term (length of the loan), any fees, and the total amount you’ll repay. Pre-owned luxury cars might sometimes have slightly higher interest rates than new cars, so shopping around is essential. Understanding your credit score is also vital, as it will significantly impact the rates you are offered. You can check your credit score for free through various reputable services.
Common Pre-Owned BMW 5 Series Issues and Maintenance
While BMWs are known for their engineering, like any car, they have common areas that require attention, especially as they age.
F10 Generation (2010-2016)
- N20/N55 Engine Timing Chain: Early N20 engines (in the 528i) had reports of timing chain wear. Regular oil changes and listening for rattling noises on startup are key.
- Oil Leaks: Valve cover gaskets and oil filter housings can develop leaks.
- Cooling System: Water pump and thermostat failures can occur; these are wear items.
- Turbocharger Issues: More common on the N55 engine (535i); ensure proper maintenance.
G30 Generation (2017-Present)
- Electronics and Infotainment: While generally reliable, software glitches can occur. Ensure it’s up-to-date.
- Sensors: Various sensors for driver-assistance systems can be sensitive to dirt or damage.
- Battery Drain: Some models have experienced intermittent battery drain issues; ensure the battery is healthy and all modules are coded properly after replacement.
Pro Tip: Always prioritize using high-quality synthetic oil and adhering to BMW’s recommended maintenance schedule. A subscription to a BMW repair manual or using online forums can provide invaluable DIY tips and common problem solutions.
Maintenance Table: Estimated Costs (Varies by Region and Shop)
Service | Estimated Cost Range | Notes |
---|---|---|
Oil Change (Synthetic) | $150 – $300 | Includes filter and labor. |
Brake Pad Replacement (Front) | $300 – $600 | Per axle, parts and labor. |
Spark Plug Replacement | $400 – $800 | Depending on engine type. |
Coolant Flush | $200 – $400 | Includes coolant and labor. |
Tire Rotation & Balance | $80 – $150 | Recommended every 5,000-7,500 miles. |
Major Service (e.g., 60k miles) | $800 – $1500+ | Includes multiple checks and fluid changes. |
Remember, these are estimates. A CPO vehicle will have many of these initial maintenance items already addressed or covered under warranty. For owners looking to save on maintenance, learning basic DIY tasks like checking fluid levels or replacing cabin air filters can be very beneficial. Resources like the U.S. Department of Energy’s FuelEconomy.gov provide general information on vehicle maintenance and its impact.
Test Drive Essentials
Before finalizing your purchase, a thorough test drive is crucial. Here’s what to focus on:
- Engine Performance: Listen for strange noises (knocking, ticking, whining). Accelerate smoothly and firmly; the car should respond promptly without hesitation.
- Transmission: Shifts should be smooth and seamless, whether automatic or manual. There should be no clunking or slipping.
- Brakes: Pedal should feel firm. The car should stop in a straight line without pulling. Listen for grinding or squealing.
- Steering: The steering wheel should feel precise. Check for play or looseness. Drive over bumps to test suspension; listen for clunks or rattles.
- Electronics: Test the infotainment system, navigation, climate control, power windows, seats, and all driver-assistance features.
- Comfort and Fit: Ensure the seats are comfortable and you have good visibility. Adjust the steering wheel and mirrors to your liking.
Take the car on different road types – city streets, highways, and some uneven surfaces – to get a full picture of its performance and comfort.
FAQs About Pre-Owned BMW 5 Series Deals
Is a pre-owned BMW 5 Series a good investment?
Yes, a pre-owned BMW 5 Series can be a wise investment if you prioritize luxury, performance, and value. By buying used, you avoid the steepest depreciation, allowing you to access a premium vehicle at a more affordable price. With proper maintenance, these cars offer long-term reliability and driving enjoyment.
What is the best model year for a used BMW 5 Series?
The “best” model year depends on your priorities and budget. For value and refined older luxury, the 2014-2016 F10 generation is excellent. For modern tech and performance, early G30 models (2017-2019) like the 530i or 540i offer a great balance. The 530e is ideal for fuel efficiency. Certified Pre-Owned programs offer peace of mind across various years.
How much should I expect to pay for a pre-owned BMW 5 Series?
Prices vary widely based on year, mileage, condition, and trim. You can find older F10 models (2014-2016) in the $18,000-$25,000 range, while newer G30 models (2017-2019) can range from $25,000 to $40,000+. Plug-in hybrids and performance variants like the M550i will be priced higher. Always check current market listings on sites like Edmunds or KBB for the most accurate estimates.
Are pre-owned BMW 5 Series expensive to maintain?
Maintenance for any luxury vehicle can be more expensive than for standard cars. However, a pre-owned 5 Series that has been well-maintained can be surprisingly reasonable, especially if you find a CPO model with warranty coverage. Routine maintenance like oil changes is comparable to other premium sedans. Major repairs can be costly, so a thorough PPI and considering an extended warranty are wise steps.
What’s the difference between a 530i and a 540i?
The primary difference lies in the engine. The 530i typically features a turbocharged four-cylinder engine (like the B48), offering a good balance of power and fuel efficiency. The 540i is equipped with a more powerful turbocharged inline-six engine (like the B58), providing quicker acceleration and a more dynamic driving experience.
Should I consider a Certified Pre-Owned (CPO) BMW 5 Series?
Absolutely. CPO BMWs undergo rigorous inspections and come with extended warranty coverage, offering significant peace of mind. While they might cost slightly more upfront than non-CPO vehicles, the warranty protection can save you a substantial amount on unexpected repairs, making it a financially sound option for many buyers.
Can I buy a pre-owned BMW 5 Series online and have it shipped?
Yes, many reputable online dealers and platforms offer nationwide shipping for pre-owned vehicles. When buying online, ensure the seller is trustworthy, provides detailed vehicle history reports, and offers a return policy or a thorough inspection option. A remote pre-purchase inspection by a mechanic in the seller’s area is highly recommended before finalizing the purchase.
Conclusion
Owning a BMW 5 Series represents a sophisticated choice for drivers who appreciate a harmonious blend of luxury, performance, and advanced technology. By exploring the pre-owned market, you can unlock incredible value and drive home an executive sedan that perfectly suits your needs and budget. From the robust F10 generation to the technologically advanced G30 models, there are exceptional deals to be found. Remember to prioritize a thorough pre-purchase inspection, understand your financing options, and stay informed about potential maintenance needs. With careful research and a strategic approach, you’re well on your way to experiencing the remarkable driving pleasure of a pre-owned BMW 5 Series. Happy hunting!