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mike monde mike monde is offline
East Coast R Gruppe
 
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Join Date: Sep 2007
Location: Philly Area
Posts: 461
Owned a 1988 M5 that was a low numbered car when the lawsuit was settled. Received the settlement from BMW right after I sold the car. My recollection is that the voucher was purchased back by BMW for .75 cent on the dollar. Sold the car for more then I paid and then received the settlement back from BMW which made this a sweet deal comming and going. Just pure luck that I owned it during the lawsuit and was able to sell it for more then I paid for it. All in all, a great deal on the front end and the back end.
Without question one of the fastest cars that I have ever driven. A great car that to this day I regret getting rid of. Unfortunately, my wife was scared to drive it and wanted something more "reasonable" to haul the kids around. I do remember the cost of service @ the dealership being crazy because it needed to be serviced by a "M-5" mechanic and parts costing 25% more then the standard run of the mill BMW. The invoices where shockingly expensive.....to say it was expensive to have the car fixed/serviced at the dealership would be a huge understatement.
I relented and sold it for the Honda that she wanted. Talk about love clouding your decisions!
The most fun 4 door sedan that I ever owned/driven and highly recommend ...
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Last edited by mike monde; 02-04-2010 at 12:19 PM..
Old 02-01-2010, 07:18 AM
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