Looking to buy a new family car. (On a novated lease)
The X5 is late 2011 model and is owned by a mate(he takes real good care of his cars and is upgrading). He was leasing the car so no expense has been spared.It's done around a 100,000 Kms.
The other option is New CX5.
Key Considerations:
Some reasoning would be much appreciated.
Ta mate. I indeed looked at 2010 BMW's and they seem to hold the price pretty well.
I bought a cx5 grand touring in 2014
Sold it last week for $37k
Only lost 7k
I consider that pretty good resale value
.h
BMW X5. Even an older 2011 model would still be packed with more features than a new CX5 2016 ever will.
I have a 2008 X5, even to date it still packs with lot more extra features/luxury than lots of cars.
The new Mazda's are loaded as well mate. They seem to have all the latest tech. The drive is a lot different.
true.
I purchased my 2008 X5 in 2011 when it was 3 years old. I had the same choice as you to either go for a new car or purchase a pre-loved vehicle from a friend who looked after it well.
I still have the Bemmer, and it's a well built vehicle. Drive is nice, responsive, very luxury (lot nicer leather, comfort seat than Mazda), cabin noise is very low, as don't forget this is top of line BMW SUV. New car price reflect the build.
see if you can test drive the car for few days from your friend. ;-)
The BMW with 100k on the clock may potentially cost you a lot of money if something goes wrong in the next 2 years. That is the problem with 2nd hand luxory cars. They are cheaper to buy 2nd hand but cost the same of a new one to repair.
The new CX5 will be under warranty so no surprises there…
That is indeed true mate. I had thought about this, hence the question :)
Must be quite the challenge to program all those robots and test that they don't make any mistakes..
What is the difference in cost? Lease and residual?
Size wise, they are totally different. Besides the badge, good tech and finish BMW does drive great but I would buy a new top spec Sorrento or even Santa Fe over a 2011 X5.
I know a a tilt tray operator in Perth and he says the x5 is one of his most regular pickups, i don't know if you would want to own one out of warranty.
Towies see a lot of X5s as they are more common than any other complex SUV. And the oldest too…
and because noone replaces the enormous expensive battery until it starts failing, so after 4 years they can break down. However this is due to customer 'sense'.
They break down also because they are more complex than Japanese cars and implement more new tech from scratch rather than copying others'. However people that fix them don't have to learn Japanese to truly understand them. German is easier… ya? lol.
Dunno why you would compare them personally, you either 'need' a BMW or put up with a Mazda (whether you know you're putting up with it or not). I've never met anyone who'd go the other way, excepting soccer mums who in the next sentence tell you something like their 'old Mitsubishi was really good too'.
X5 is the most complex SUV you can buy. I hate working on them, but neither would I be happy on a CX7/CX9. (CX5 is more of an X3). Expect to have to look after it and avoid getting one that wasn't like the plague. Or else you WILL be in trouble.
Beware depreciation, leaving it outside… and no matter what, any X car will still drop in value like a stone. Once SUVs get old, noone wants to repair them properly or pay the fuel. CX cars will also drop as badly. SUVs will become a bad investment the moment they go out of fashion. And they all roll-over when you swerve (BMW is the best but still…), all squash children (well, the drivers manage to)… etc.
BMWs don't use timing belts typically- instead their chains last for 300000km easy. Engines are better than any but new ones have too much plastic parts (just like other cars) so you have to pro-actively address those items BEFORE they break and cause major problems. E.g. cooling systems need pro-active maintenance- a qualified, well equipped proficient mechanic is vital for any modern 2nd hand car.
As with any car, drive it sedately and save a lot of cash. SUVs are built to fly off the mark, but burn brakes, rubber and fluids faster than you can imagine. The ZF Transmissions and drive train are better in the BMW than anything else and hyper-reliable. BMW servicing is excellent, but they expect you to follow the log and as I said earlier it will cost big-time you if you don't. Most dealers will fleece you, but BMW dealers usually just charge you what they're worth and double the cost of consumables and possibly, the parts. But indies often do that too, on any car, and often use non-genuine parts. If something beyond normal servicing needs to be done, most BMW dealers will recommend you go to a good indy anyhow (and they will know the right one usually)… also the online forums are better than for most cars because BMW owners actually spend a lot of time learning, and sharing. Very few treat their car as an appliance, though with X-cars this has changed somewhat, hence the advice- be careful to buy a good one.
I wouldn't buy an X5 but I wouldn't buy an SUV, period. Imagine swerving your family around a pot-hole let alone a Kangaroo in anything top-heavy! Just Insane!
If forced, I'd consider X5 or a Volvo. But IMHO they're both just too dangerous for daily use- and use far too much rubber, pads, fluids and fuel for the job they do.
From the detail you gave I'd seriously consider the BMW X5.
Since you are on a novated lease the higher cost of servicing + fuel + repairs in owning a BMW can be slightly offset.
100,000km sounds like a lot of kilometres for 2 years. However you're only leasing for 2 years and the BMW should have enough life in it to survive your 2 years of ownership.
You'll be up for the cost of the BMW's most expensive service (ie. timing belt). Compared to if you bought the Mazda CX-9 where you could decide to sell before its most expensive service.
from an ex bmw onwer if you can't afford to buy one brand new you definitely can't afford to run a second hand one
Maybe the BMW will depreciate less over the next 2 years and therefore will be cheaper?