From google -
This motor is the sole reason i will never buy another v8 powered BMW, Besides making decent power, these things are crap, expensive as hell to fix, and not very friendly to the DIY'er. Trying to troubleshoot one of these things yourself is going to put you out of a lot more $$ than you think you are saving. Best bet is to roll in to the stealer, bend over, and spread em wide. Hopefully you know a good indy that specializes in BMW.
Also -
I currently own the 2007 550i. I bought it with 90k miles and now I have 158k on it in about two and a half years.
Here are some of the repairs done;
Vacuum pump
Water pump
Valve cover gaskets and valve stem seals- $2250 with parts and labor
Alternator is pretty much done, that will be my next repair. However, the alternator bracket gasket is an issue and it leaks a lot of oil (about a quart a month). I am replacing that with the alternator job.
Air filter, breaks and spark plugs are just regular maintenance that were done.
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Id be looking for a lesser milage car than the one advertised, at near 100,000 miles you should be expecting to have to replace lots of wearing parts, obviously depending on how hard its been driven.
You would like to see its already had a set of valve seals, timing chain, water pipe etc etc but lots of car salesmen will throw away repair bills in the thought it scares people off
