This price is 20.4 percent higher than the fair price.
Low price: $8250
Fair price: $9138
High price: $10025
MPG: 14 mpg city / 20 mpg hwy
Interior Color: Black
Color: Black
Year: 2007
Ownership Cost for 2007 BMW 5 Series 550i
Estimated: $44952 over the next 5 years
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Depreciation
$2770
$1330
$1164
$1053
$942
$7259
Insurance
$1696
$1755
$1816
$1880
$1946
$9093
Fuel
$2053
$2114
$2188
$2276
$2378
$11009
Maintenance
$2763
$2149
$1228
$1314
$2291
$9745
Repairs
$977
$1138
$1298
$1417
$1627
$6457
Taxes & Fees
$939
$939
$939
$939
$939
$1390
Total Ownership Costs
$11197
$8593
$7830
$8027
$9305
$44952
Air Bag Loc Front: 1st Row (Driver & Passenger)
Body Class: Sedan/Saloon
Displacement CC: 4799.7710456
Displacement CI: 292.9
Displacement L: 4.8
Doors: 4
Engine Cylinders: 8
Engine HP: 360
Engine KW: 268.4520
Fuel Type Primary: Gasoline
Make: BMW
Manufacturer: BMW AG
Manufacturer Id: 966
Model: 550i
Model Year: 2007
Other Restraint System Info: Dual-stage suppl. restraint system (SRS) certified to the advanced airbag requiremnets of FMVSS 208, S14.
Plant City: Dingolfing
Plant Country: Germany
Seat Belts All: Manual
Series: 5 - Series
Vehicle Type: PASSENGER CAR
Model year
COMPONENT
Complaint
2013
ENGINE
ENGINE CONTINUES TO BURN THROUGH OIL APPROXIMATELY EVERY 1,500 MILES, WHICH COULD LEAVE THE VEHICLE STRANDED AND INOPERABLE. IT'S UNACCEPTABLE IN A BRAND NEW VEHICLE. *TR
2007
STEERING
ABOUT 3 MONTHS AGO I BOUGHT A 2007 BMW 550I WITH 29,802 MILES. WHEN A LARGE RED STEERING LOCK LIGHT APPEARED ON THE DASH, AS WELL AS, THE CENTER CONSOLE COMPUTER HAD INSTRUCTIONS "NOT TO TURN THE ENGINE OFF". THE CAR OPERATED NORMALLY JUST WITH AN UNCOMFORTABLE BIG RED LIGHT ON MY DASH. BEFORE CALLING THE BMW DEALER I DECIDED TO DO SOME RESEARCH ON THE INTERNET. I HAVE FOUND DOZENS OF BMW FORUMS REFERENCING STEERING WHEEL LOCK MALFUNCTIONS. MOST WERE RANGING FROM UPDATING COMPUTERS TO STEERING COLUMN REPLACEMENTS. I TOOK THE CAR TO THE BMW DEALER AS HE GAVE ME A LOANER AND TOOK MY CAR FOR THE NIGHT. THE FOLLOWING DAY HE CALLED ME IN AND TOLD ME I NEEDED TO FIX THIS PROBLEM THAT WOULD COST ME $700 OR THE STEERING MIGHT LOCK UP ON ME DURING DRIVING. WITH THIS MANY SIMILAR COMPLAINTS IT SOUNDS LIKE THERE MIGHT BE A RECALL ON THE BMW STEERING LOCK? *TR