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Thread: 02 M5 thinking about purchase

  1. #1
    Join Date
    Nov 2011
    Location
    Valencia, CA
    Posts
    17
    My Cars
    2003 330XI DINAN 3

    02 M5 thinking about purchase

    Greetings, I have been always wanting to add E39 M5 in my inventory and found one 02 LMB 210k miles at $7900. I test drove it and felt no weird noise whatsoever but as the owner described the gear makes brrrr noise when shifting to 2nd whether up or down shift. A trick is noise is not felt or heard when I depress clutch pedal wait for 1 hours sec then engaged to 2nd. My assessment is the problem is from synchro. When hooked up the OBS II fault reader, it showed p0128, likely thermostat issue. The previous owner upgraded dinan exhaust. The seller is firm at 7900. I wanted to hear advice from the enthusiasts before I make the decision. Thanks

  2. #2
    Join Date
    Mar 2007
    Location
    boston,new york
    Posts
    470
    My Cars
    1996 m3 coupe
    Sounds like a money pit to me. If you're looking for a project that involves quite a bit of work and probably quite a bit of money, then go for it! These cars can drain your bank account fast! Would the owner let you take it to a shop for a pre purchase inspection? Might be a good idea to find out what else needs attention.

    Sent from my SM-G900V using Tapatalk

  3. #3
    Join Date
    Jun 2014
    Location
    Fresno, Ca
    Posts
    167
    My Cars
    2001 BMW 540I
    you'd get more of a response if you posted in the e39 5 series forum. A lot of M5 owners.
    2001 Topaz Blue 540I6 sport - aFe Intake - CDV Delete -

  4. #4
    Join Date
    Nov 2011
    Location
    Valencia, CA
    Posts
    17
    My Cars
    2003 330XI DINAN 3
    Quote Originally Posted by bigmitch117 View Post
    Sounds like a money pit to me. If you're looking for a project that involves quite a bit of work and probably quite a bit of money, then go for it! These cars can drain your bank account fast! Would the owner let you take it to a shop for a pre purchase inspection? Might be a good idea to find out what else needs attention. Sent from my SM-G900V using Tapatalk
    Thanks for your advice.

  5. #5
    Join Date
    Nov 2011
    Location
    Valencia, CA
    Posts
    17
    My Cars
    2003 330XI DINAN 3
    Quote Originally Posted by Cora540 View Post
    you'd get more of a response if you posted in the e39 5 series forum. A lot of M5 owners.
    Yes..just realized there are only few posts in here M forum. Thanks.

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