I have a 2008 BMW 550i with 40K miles on it. I have zero problems with it. I have only changed the oil and replaced the battery twice. Runs like a top. Will change radiator fluid soon. Runs as good as new.
This car performs amazingly well given the facts that is a heavy midsize sedan. The look is great! Definitely a head turner with the Sport package. If you are looking for gas mileage stay away from the V8 but if you are mostly looking for performance and power, this is definitely the car for you. I have owned different cars, but this car is very special. You feel in control and you feel like you own the road when you are driving it. It is definitely a joy. I have owned the car for about 2 years now and I bought it with 73,000 miles. Currently at 104,000 miles and no major problems so far. The only major issues was resolved under warranty after a few days I bought the car at the BMW dealer it had an oil leak and a rattle in the engine but they fixed it. Also the car's transmission would malfunction sometimes but they reprogrammed the computer and the problem was gone. Other little things that I have done myself are the angel lights that went out, fog lights, brakes, etc. Something that does bother me is the transmission at low speed, it is a bit jerky especially when you drive it first time during the day. I've been thinking about upgrading to the F10 version but reading about all the mechanical issues they have, I think I'm sticking with this one for now since it has been such a great car so far.
First of all, got this car in 2011 with 30K miles, stickered new for $69,500. It has $75K on it and is 100% trouble free. I have the sport backage in Carbon Black with tinted windows. What can I say, this car is beautiful yet intimidating. Blazing fast with amazing handling. Steering and brakes are A plus and the engine noise is a symphony. Those who look at numbers say a 535i is almost the same-no its not. Get a V8, a rare commodity nowadays. Plenty of room in the interior, high quality materials. I have driven many luxury cars, love teh E60 550i more than any and much more than the new F10 5 series--too big and bland. I want my cars with style, love it or hate it. Buy this car!
Engine, accleration, handling, steering feel, 20 way seats, 19 inch wheels are gorgeous, quality leather and interior materials. Intimidating look-don't kid yourself, this car (the way mine is configured) is meant for a man.
Logiic 7 stereo has nice sound, large trunk, I actually like idrive (not many seem to).
This is really a 4 door sports car.
Don't let the 4 doors fool you, this is a serious machine and if you are off public roads and can see it capabilities it will blow your socks off.
Almost no console storage space or interior storage space, crappy cupholders.
I know what I was getting buying a V8, but...I get 19.5 miles per gallon with about 80% highway driving.
Fuel tank is way to small, this things has no range (get used to stopping for gas).
Give me a bigger tank, better gas mileage (or both).
The tradeoff for amazing handling is a (lets say) "controlled" ride.
You will know the street surface-wouldn't mind a bit less firm ride.
Be prepared for expensive maintenance costs.
I had an E90 3 series, this car is in another world with routine maintenance costs. Why does an basis air filter cost $26 at the auto parts store when a Ford is $13?
It is the same thing?
Just to start, this is not my first car or my second. I understand there are no guarantees in life and cars are finnicky. Sometimes you just get a bad apple. But for the $$$ a 550i costs those apples should be fixed properly and the owner satisfied. I have owned quite a few vehicles in my now 17 years of driving. 2 of which were a 2003 325xi and a 2006 330i sport. Both of which had no problems. I purchased the 550i in 2010 with 33k miles. It was a CPO, which gave me comfort purchasing a used car. Not any more!!! I seriously doubt this car was properly inspected. Which is what I told BMW, and they passed the buck to the dealer who basically told me F off. Consistent problems!
I have had the vehicle for a year and a half now.
It spent 3 of the first 4 months I owned it in the dealer trying to fix the Idrive/Nav/climate system, and in total 5 of the first 16 months.
climate control would go on , on its own.
The Nav screen would blank out while driving.
The radio wouldnt turn on.
Other than that here is a list of other repairs: power steering pump, battery, wiper motor, climate vents wouldnt open, CD stuck in radio, transmission needed recalibration, water pump, brake issues, and the Idrive system still takes way too long to load at start.
All that being said the performance and handling of the car are great.
It is also a gorgeous vehicle with the M sport pac
I think maybe BMW should stick to what they do best and make good performance vehicles, and leave out all the bells and whistles until they are sure they work properly.
I understand people want those options and they want to compete, but the negativity that what I have gone through brings is I'm not sure I would ever purchase another BMW, which is sad because they make cars that perform well and look good.
I know I am one person and they sell millions of cars, but I doubt I am the only one with these issues.
And as I said earlier this is my 3rd BMW and I planned on buying them for the rest of my life until this happened.