Skip to main content

Used 2006 BMW M5 Consumer Reviews

4.9 out of 5 stars
34 reviews
1...

See Edmunds pricing data

Has Your Car's Value Changed?

Used car values are constantly changing. Edmunds lets you track your vehicle's value over time so you can decide when to sell or trade in.

Price history graph example

Trending topics in reviews

Pros
Cons
5 out of 5 stars

The best financial mistake you should make.

Mr. Waffles, 01/28/2017
2006 BMW M5 4dr Sedan (5.0L 10cyl 7AM)
23 of 24 people found this review helpful

Look. If you're in the market to lose 2k in value on a car (picked up for 16k, traded in for 13k and 1k tax), tempt fate with a looming expensive repair (thankfully I never had one while I had it), and have everyone you know collectively hate everything you love about your money pit, this is without a doubt the car for you. Don't take any of what I just said as me saying you should steer away from this car. Losing 2k on this car was worth every penny. The way that engine revved was out of this world. The exhaust note simply wasn't something that could have been recreated on any other engine and is probably what I loved the most. The car just builds speed faster than anything I've ever been in. For a 2 ton sedan, it handles it's weight as if it were a little roadster. And when you're in a corner, the active side bolstering is both a nice party trick for passengers as well as an absolute (to me) necessity when cornering hard as it allows for both a relaxed feel when cruising or that nice race car feel when driving hard. And that transmission, definitely jerky to drive in traffic and at slow speed. But when cruising and driving at 10/10s, I feel it's just mated perfectly to the engine and car no matter what anyone says about it not being a "true manual" car. Definitely want to keep both hands on the wheel when ripping it at 170 mph. Trips to the bmw dealership every 800-1000 miles or so was annoying to get a quart of oil as the engine loved to drink it as well as gasoline. Sometimes at the rate of 8 miles to the gallon. Passengers were never a fan of having to wait to warm it up or shut it down or pretty much anything that involved the car moving as it was apparently uncomfortable. But the way I saw it, the car was originally built to only really have a driver to go ponder the limits of mortality. The only reason it had 4 more seats was because someone at BMW was insane enough to go "You know what the driver needs? The ability to instill fear into others, 4 people at a time." All in all, if you can afford to pick up even a questionable example in your budget, do not hesitate. Buy it, enjoy it as long you can. The 6 months I had mine were worth every penny I lost.

Safety
5 out of 5 stars
Technology
3 out of 5 stars
Performance
5 out of 5 stars
Interior
5 out of 5 stars
Comfort
4 out of 5 stars
Reliability
2 out of 5 stars
Value
5 out of 5 stars
Report Abuse

3.75 out of 5 stars

Don't Make the Same Mistake!

brandon54, 12/22/2014
2006 BMW M5 4dr Sedan (5.0L 10cyl 7AM)
47 of 53 people found this review helpful

I bought an 06 BMW M5 in May with 68,000 miles. On the drive home, the oil cooler broke and started leaking oil. That was a $1500 repair, an addition to the money I just spent purchasing the car and approximately $1000 in taxes. A few weeks later, the passenger restraint malfunction showed up. The battery cable had to be replaced. I spent nearly $1000 on that particular issue, maybe more. Shortly after, I began to get transmission malfunctions, as well as engine malfunctions which placed the car in limp mode. I spent $7000 fixing the transmission problems and just a few months later, I'm having problems again. I've lost $15,000 this year because of the M5 and I'm done.

Report Abuse
4.75 out of 5 stars

Experience with 2006 M5

rsteele, 08/06/2009
2006 BMW M5 4dr Sedan (5.0L 10cyl 7AM)
13 of 14 people found this review helpful

The new BMW M5 has a substantially different character than the previous model: less low rpm torque, but more mid and high range power. Using the SMG transmission well is like learning an action video game or how to tango with a new dance partner. Once you've got the rhythm and the timing, it's a great transmission, but this may take 5,000-10,000 miles. That's why reviewers tend not to like it. Same with iDrive. It's clunky for tuning different radio stations, but very handy otherwise, once you've learned how to use it. Unlike with the Editor's M5 Review, I find the steering to be very good and much better than on my prior model M5. What's not good: fuel economy and driving range.

Report Abuse

4.75 out of 5 stars

Delayed Review

vbprof, 07/13/2009
2006 BMW M5 4dr Sedan (5.0L 10cyl 7AM)
7 of 7 people found this review helpful

I have this car for about 4 years now. I am usually not an aggressive driver because I do not want to ruin the car (someone must think I am nuts to buy an M5 and drive like a grandma). I found it very powerful with the full power on. As I bought it in its first generation, I had many problems with oil leak, SMG failing, radio malfunctioning, and dead on the road (due to electronic problem in SMG). Well, after many trips to the dealership, it has been doing well recently. SMG is very sluggish between 1st and 2nd gear (it stinks especially when you are at a stop sign and want to speed up, but the car just gets "lazy"). Love the BMW full maintenance program. Love the iDrive too.

Report Abuse

5 out of 5 stars

have fun while burning money

Enthusiast, 09/22/2019
updated 03/23/2021
2006 BMW M5 4dr Sedan (5.0L 10cyl 7AM)
5 of 5 people found this review helpful

I have never driven a better car. It is blindingly fast, handles like a small sports car, holds four adults in comfort, has all the room for luggage you'd ever need. No other sedan offers this kind of performance and comfort for four. All that said it is an enormous money pit. Parts are ridiculously expensive and not always available - forget the dealers, few are well trained on this model. Gas mileage overall was 13 mpg, drive it hard and that can drop to 8. It drinks very expensive oil (Liquid Moly) - 1 quart per 300 miles was normal, not just my car. All the hate for the SMG tranny I felt was unwarranted. The car in auto mode was stupid but paddle shift it in sport mode and you won't miss the third pedal. The controls are way more complicated than need be - a friend described it as a car designed by German engineers for German engineers. Mostly this was the result of trying to offer a multitude of different ways to program the vehicle. Once you've figured out what works for you this is a non issue. Years from now I think these will be true collectors pieces representing the best of BMW's naturally aspirated luxury performance sedans.

Safety
5 out of 5 stars
Technology
2 out of 5 stars
Performance
5 out of 5 stars
Interior
5 out of 5 stars
Comfort
5 out of 5 stars
Reliability
2 out of 5 stars
Value
1 out of 5 stars
Report Abuse
1...
Items per page:
5