Advice on an M5 Competition

Discussion in 'M Power' started by Nic Bowler, Nov 16, 2022.

  1. JasonH
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    JasonH

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    I think you've made the right decision for two reasons:

    1) Life is too short, there's a balance but if you've worked hard and can afford it get it.
    2) It's not forever, you can always sell the car. You may take a hit, maybe not. You may get addicted, you may just get it out of your system and realised a 2.0d is all you need. At least you'll know.

    I bought a Mercedes C63 AMG, it makes me smile every time I drive it (which actually isn't that often because the other car is more comfortable and usually already dirty!). However, oddly the C63 may be the cheapest car I ever owned because it hasn't depreciated - so it's a win win.
     
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  2. zarnd
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    zarnd WARLORD

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    Not long to go now.

    Wonder if you’ll sleep.


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  3. Nic Bowler
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    Nic Bowler

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    Thanks all for the advice and support! I’ll be honest, not sure I have made a good decision. I have been fretting about it all day feeling like I made a reckless decision. I wish I could say I was excited, right now I feel like I have screwed up. Yet I have been looking for an M car for pretty much a year! I really hope the drive home changes my mind. Perhaps because I have been dealing with all the not so great stuff like road tax, insurance and my tax return depressed me. Yes I did my sums over and over before I moved forward with my decision, but now going through a rollercoaster of mainly negative emotions. Hmmm….

    Question perhaps to Mystic, Zarnd and other M owners. Do you have Thatcham approved trackers fitted? Seems the drive away insurance is not available if it doesn’t have one.
     
  4. Nic Bowler
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    Nic Bowler

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    Im
    Leaving mine at 6am to meet the dealer at 9am! It’s a long way from Southampton to Colchester but traffic should be light at that time of the morning. As mentioned in a previous post, about 80% of me feels I maybe made a reckless decision! I hope my drive home changes things
     
  5. Nic Bowler
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    Nic Bowler

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    Thanks for the support. Yes I keep telling myself I can sell it if I want, it’s reversible apart from losing some money in the process. I think it’s just one of these things I need to get out of my system.
     
  6. Nic Bowler
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    Nic Bowler

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    Thank you Peter for sharing your experience. Yes I’m very much on that merry go round. Today I should have been excited in anticipation of tomorrow, but all I’m doing is worrying. I so hope the drive home is as you describe.

    The e39 540i was a one of a kind and a legendary vehicle in so many respects, a high watermark for BMW. I’d have loved one but any examples now are afflicted with rust.

    Glad to hear it’s not just me that suffers from the sinking feeling when buying cars. This one more than most unfortunately.
     
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  7. Nic Bowler
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    Nic Bowler

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    It’s so good to read your positivity about the ownership experience! I really hope it turns out to be the case for me, even if it’s just one M car before I get sense of my faculties
     
  8. Wynne71
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    Wynne71 WARLORD Site Supporter

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    Enjoy the experience. So few people have the gumption (or insanity…!) to do what you are doing.
    Warm that V8 up and let it glide you home.
     
  9. zarnd
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    zarnd WARLORD

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    I don’t on mine and didn’t on my previous one and no request to have one fitted either from insurance company.

    Enjoy today and looking forward to some pictures later on.

    Cheers


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  10. Singvogel
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    Singvogel Staff Member Moderator WARLORD Site Supporter

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    Have a great day - you deserve it. :driving:
     
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  11. Peter
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    Peter WARLORD

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    I definitely understand what you are going through...

    I really do hope it all goes well and you get that big smile on the way home, the smile that can be seen from behind. :)

    Peter
     
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  12. Spuffington
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    Spuffington Staff Member Admin Site Supporter

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    Enjoy collection day and please don’t get worried about not immediately gelling with it if that happens. It can also take some time to adjust. They’re the same but equally vastly different cars you’re moving between. In some ways I’d argue it’s harder for you to get over your buyers remorse when you’re stepping into a very similar cabin each time.

    I didn’t mention this much at the time when it happened to me, because I was confused about it, but when I got my Macan I was so thrilled with owning a Porsche (finally) and the performance difference, I was struggling to work out why I also missed the softness and wafty nature of the F11 530d I’d just given away as a px. It took a few days for the experience of the Porsche to overcome those doubts and for me to focus on the precision of the Porsche and all the qualities I came to admire and love over the next 2.5yrs of ownership.

    Have a great day and drive back.
     
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  13. Peter
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    Peter WARLORD

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    I try and tempt myself into the F10 M5... :cautious: It hasn't worked yet... :(

    To help, I have this BMW press picture as my screen wallpaper on an iPad.

    F10 M5.JPG

    Peter
     
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  14. mystic sport
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    mystic sport

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    Exactly same as my previous one. Love that colour.

    Re the tracker, the only ones I needed it on was the E46s. The other three never needed them. Been with a variety of insurers, Tesco, LV, Hastings direct etc.

    Have to say the annual tax and insurance cost is a git but soon forgotten and it may even get 30mpg on a cruise so frugal for what it is.

    Just enjoy it and stop thinking about costs as that is the wrong mindset to have with these type of cars. Just fill up the substantial 80ltr tank that they threw in the f10 m5 and have fun!! The tank in my G80 is 59ltrs and after the f10 that is rubbish lol
     
  15. Nic Bowler
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    Nic Bowler

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    Short update until I get a chance to provide a fuller update. It’s good, very good in fact:). Still don’t believe I deserve to be driving such a machine! My head is still punishing me for being so reckless financially though.

    Managed 27mpg home, was being very gentle with the throttle plus a lot of water and spray about so have me time to get a bit more used to it. I can feel how completely planted the car is. As many M owners have said, it’s not just about power, it’s the whole package!

    I will write a fuller update but just want to say a big thank you for all the support and advice that led to this point, I so appreciate it. I’m physically exhausted from the early morning runs and the panic attacks along the way! My wife has been a saint putting up with me.
     

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  16. Peter
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    Peter WARLORD

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    Well done, now you can really enjoy it. (y)

    We'll be watching this space...

    Peter
     
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  17. Wynne71
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    Wynne71 WARLORD Site Supporter

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    Awesome job that man.
    Enjoy!
     
  18. boylucifer
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    boylucifer

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    Enjoy it. Look forward to reading more about it.
     
  19. zarnd
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    zarnd WARLORD

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    Excellent. Look forward to an update and pictures.

    Cheers


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  20. a.s.uk
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    a.s.uk WARLORD

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    Happy new year to one and all
    Enjoy the car…. Once you get used to it I’m sure it will be awesome
    Great New Year’s Eve present and all you’re all set for 2023…


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