Is 14k USD too much for a first car?

Asked by Jun 07, 2016 at 10:29 AM about the 2008 BMW 5 Series 528xi

Question type: Shopping & Pricing

I want to get a used 2008 BMW 528xi with 50,000
miles and its $14,000, is that too much?

4 Answers

12,385

NO, not in 2016 But can you afford the service it will need? LOOK back in time 2009 (last year made) cost of a SATURN..Out of business..Original MSRP: $22,655 - $27,250 OK, nobody paid sticker for that but who would ever pay $15,000? ..... Always, purchase what you like you're paying for it! I like the 7 series BMW. Ok, but that's me NOT you. Regards

94,965

Your first car should not be a European make and only a select Asians like Toyota or Honda, try to stick with GM or Ford with GM being the least cost to operate. Like Auto stated, find the car you like and do diligent research on it, find actual costs of ownership, problem areas, and of course customer satisfaction, then when you find a vehicle that you like take it to a shop that does used car checks, believe me it is money well spent especially if they find something that could really cost you down the road. HTH

1 of 1 people found this helpful.
270

Check out the prices for the same car with similar mileage on CarGurus and Kelley bluebook web site (kbb.com). Off hand, $14000 price seems OK, depending on condition.

1,465

It doesn't make a difference what country your first car comes from. My first car is a Volvo V70, and with my experience with many other cars from friends and family, my Volvo has been incredibly reliable. They're great cars. As for the $14k Bimmer, no, it's not too much. Just be prepared to work on it. Otherwise, know a good independent BMW mechanic. I'm not saying they're prone to problems, but just know what you're getting into. Look on bimmerfest.com forums, and read up on the E60. I can't stand that these guys always have to come around on these questions and turn it into a rant on how all European cars are unreliable and not good enough for a younger driver. Don't listen to it, it's a load of BS. But since everyone else is going off topic, I will too. Just my $.02, if you want something cheap, reliable, and European, look into an older Volvo 850/S70/V70/C70. They're truly great cars!

Your Answer

Add photo

Related Questions

  • Is 14k USD too much for a first car? 4 answers

    I want to get a used 2008 BMW 528xi with 50,000 miles and its $14,000, is that too much?

    2008 BMW 5 Series 528xi

    -

    Shopping & Pricing

  • how much is a car worth? 2 answers

    I found a a used car dealer's lot a 1999 BMW 528i sports pkg with 131,644 miles. How much do you think a fair market value if I make an offer?

    1999 BMW 5 Series 528i

    -

    Shopping & Pricing

  • is 148,000 miles to much on a 2000 bmw 540i 2 answers

    there is a bmw 540i for sale at a car dealership. it has 148,000 miles on it, is that too mant miles? the price of the car is $8,848.

    2000 BMW 5 Series 540i

    -

    Shopping & Pricing

  • Is this car worth buying for an everyday just get around town car? 4 answers

    336,000 miles on a '95 bmw 525i. Motor rebuilt in '03. asking 2500 and he says he drives it everyday proximately 80-100 miles round trip

    1995 BMW 5 Series 525i

    -

    Shopping & Pricing

  • Buying my first car 4 answers

    I'm buying my first car and I'm looking for a car under 10,000 and what I would really like is a 2008 5 series but was wondering if anyone has any better suggestions I'm 16 and will drive the car ...

    2008 BMW 5 Series

    -

    Shopping & Pricing

5 Series

Looking for a Used 5 Series in your area?

CarGurus has 15,437 nationwide 5 Series listings starting at $500.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Search BMW 5 Series Questions

BMW 5 Series Experts

#1 Tom Demyan
Tom Demyan
Reputation 2,080
#2 Michael Branan
Michael Branan
Reputation 780
#3 Robert Charlson
Robert Charlson
Reputation 690
View All

Related Models For Sale

Used BMW 3 Series
943 Great Deals out of 30,262 listings starting at $1,000
Used BMW 7 Series
165 Great Deals out of 5,956 listings starting at $2,999
Used Mercedes-Benz E-Class
359 Great Deals out of 19,354 listings starting at $1,500
Used BMW 6 Series
88 Great Deals out of 2,887 listings starting at $7,200
Used BMW X5
450 Great Deals out of 15,736 listings starting at $2,800
Used Mercedes-Benz C-Class
432 Great Deals out of 25,476 listings starting at $2,000
Used BMW M5
22 Great Deals out of 597 listings starting at $8,495
Used Audi A6
130 Great Deals out of 6,288 listings starting at $2,988
Used BMW M3
50 Great Deals out of 1,361 listings starting at $3,800
Used Mercedes-Benz S-Class
141 Great Deals out of 6,604 listings starting at $2,990
Used Audi A4
291 Great Deals out of 10,504 listings starting at $1,200
Used Honda Accord
946 Great Deals out of 77,735 listings starting at $899
Used Dodge Charger
454 Great Deals out of 29,322 listings starting at $2,300

Used Cars For Sale

2018 BMW 5 Series For Sale
357 listings starting at $52,695
2017 BMW 5 Series For Sale
4 Great Deals out of 3,266 listings starting at $48,588
2016 BMW 5 Series For Sale
20 Great Deals out of 839 listings starting at $28,895
2015 BMW 5 Series For Sale
14 Great Deals out of 364 listings starting at $21,999
2014 BMW 5 Series For Sale
165 Great Deals out of 3,598 listings starting at $16,595

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.