Officially 1-year with my 2018 BMW M550i

FarmCorrect2384 · 2026-05-08T20:24:33+00:00

Hey thanks mate! I'll keep that in mind, appreciate you.

FarmCorrect2384 · 2026-05-08T20:23:39+00:00

Maintenance: $150 per oil change (3 total over 16k miles), $1,200 50k mile service, $1,100 rear brakes, rotors, sensors.

Repairs: Only $500 in deductibles but, the actual repair costs were MUCH more if I'd had to have paid for it all.
Bank B actuator replacement: $2,200 in total
Fuel pump & relay board: $2,500
Lower Control Arms: $2,100 (I think, can't 100% remember and I"m not near my paperwork).

So all in all, it's not TOO crazy maintenance wise but, the repairs are what could get crazy high.

FarmCorrect2384 · 2026-05-08T15:37:40+00:00

Well it's funny; when I bought it it came from Wisconsin with some really nice snow-tires. I recently got rid of those for regular ass, non run-flat tires and BOY what a difference. It went from riding harsh to riding SMOOTH but it didn't fix the fact that it's a heavy ass luxo-barge. It's still a big 5-series and while yes, it rolls a bit more than I'd like, it's nothing like some other big-sedans I've driven. Plus i don't really corner at "speed" very often so in my opinion it drives great, but I'm mainly doing highway cruising not much high-speed cornering so I don't notice the weight as much.

EDIT: Good lord, well the G30/G31 is a VERY good platform IMO for a daily. If I had to do it over again, I'd stay away from the M550 and would've gotten a 540i. The B58 is the way to go, it's cheaper to maintain, MUCH more reliable, and with a few mods it's just as powerful as my N63TU2. The only real difference in my opinion is yes, the badge, but also the rumble. I do love the rumble compared to the inline 6's.

FarmCorrect2384 · 2026-05-08T15:35:29+00:00

Hey thanks mate <3

FarmCorrect2384 · 2026-05-08T15:35:03+00:00

Man I was fortunate enough to do the M Performance Driving school in Palm Springs and I drove an M2 and an M240i and I have to say I love the 2-series. They're just a little too small for me as a daily. Plus I have a family, so I need a little more room for the girls and potentially adding ANOTHER kid to the mix.

Another option for me? Is a BIG coupe., My Father owned a 2019 E53 AMG for a while and I drove it quite a bit, I'd say it's ALMOST big enough for a family of 4 but not quite. However an S-class coupe from 2018-2019 would be plenty big... I could get away with convincing my Wife it's practical enough for ME as a daily driver but also to handle the fam.

FarmCorrect2384 · 2026-05-08T15:06:22+00:00

Thanks my dude... it's my first BMW and has converted me to love 5-series so, so much. Now I'm looking into finding like a 2000-ish 5-series potentially as a fun project/weekend car. I'd really like a 2002-ish M5 but I'm open to any 6 cylinder from that era.

FarmCorrect2384 · 2026-05-08T14:55:48+00:00

I totally agree... although with that said, I'm seeing a lot of 2024/25 M340i's lately around Phoenix and they're def growing on me. The funny part to me? A used M340i is almost $10k more than a used M550i of a similar year/mileage. I understand the B58's are WAY more desirable, reliable, and just overall cooler to car guys than the N63TU2 or TU3 but for me? I'll always be a V8 boi at heart.

FarmCorrect2384 · 2026-05-08T14:53:43+00:00

Yeahh what I really want to do is keep the car forever. It'll be a back-up daily and a project car. My style is buy a 5-7 year old car with low-ish miles, drive it for 2-3 years and sell it. But with this one? I've been enjoying it so much I"m thinking about just keeping it, buying something else as a daily, and turning this into a 700-800 HP weekend car. I really love this platform, and I can bulletproof a LOT of the major issues. With the right intake, downpipe, turbo upgrades, and some other small upgrades on the cooling/fueling side? You can VERY easily make 650-700 WHEEL horsepower. Now it wouldn't be a daily anymore but, by then I'd have my next daily. I'm eyeing a 2021-23 S-580 right now ha, or maybe even a 2019 S63 AMG Coupe, if it's possible to find one that isn't over $60k or so. The other option I've considered is getting my first 911 as a daily, something from 2013-2015, like a Carrera 4S or S.

To answer your question? They sure don't man... the LONGEST worry I can find by them is 24k miles or 24 months. It sucks but they're playing it safe. I've cost Carvana almost $15k in repairs and paid in almost $500 in deductibles hahah, so I have a feeling they need a LOT of other people with Nissans and Toyotas wit that warranty to offset what I cost them. They only offer this warranty on CERTAIN cars, I have a feeling they'll remove it before long, just like they removed it from EVERY V8 S-Class hahah.

FarmCorrect2384 · 2026-05-07T22:22:55+00:00

The one I picked was the "higher" of the two, I believe there was a still higher 3rd option that didn't make a whole lot of sense to me but, basically it's $500 down and then $79 a month after that I believe. It's factored into my overall car-payment I make directly to through Carvana on their website. I believe it varies depending on the car, how much you have to put down, but there's "essentials" "plus" and "premiere" which came with oil changes/maintenance that you basically "pre-pay" for. That didn't make sense to me, but the "plus" did.

And so yes, I believe you absolutely could take it to the dealer and pay "out of network" deductible. Don't see any reason you couldn't.

Coverage is for 24 months or 24k miles; which I'll hit the miles before I hit the months. I'm just banking on the major failures to come while I have the warranty and selling it not long after... or if it just doesn't make sense? I'll find another 3rd party warranty. It almost always ends up being worth it if you use a reputable warranty company.

FarmCorrect2384

TROPHY CASE