BMW fans know that the 5 series, like other BMW products, has been in continuous production since 1972. Unlike American cars, the Germans have a thing for staying true to family pedigree and design motifs. The newest iteration of the BMW 5 Series is everything you’d expect from a top-tier, mid-size luxury sedan. But it’s also unmistakably a BMW 5 Series.
The grill and fascia are slightly redesigned for the latest generation, giving the car an aggressive, serious look. There are also more ducts, air channels and curves than in previous generations, giving the newest 5 Series a more formidable look. From the first time you set eyes on it, you know this is a performance car.
And the technology under the hood delivers what the aerodynamic styling promises. The standard 5 Series, such as the 530i, comes with a rather petite 122 cubic inch, turbocharged inline four-cylinder engine with an aluminum block. While it’s somewhat incredible, even in today’s world of computer-driven mechanics, that the engine produces more than 2 horsepower per cubic inch, it’s perhaps even more so that only 250 horses can propel such a heavy sedan from 0 to 60 in less than 6 seconds. This is thanks to BMW’s 10 speed automatic transmission, which delivers power seamlessly, with apparently no shift interruptions at all.
The interior is nothing short of spectacular. The 5 Series cabin shares a great deal in common with that of its larger 7 Series cousin. Meticulous attention to detail is in evidence throughout the passenger compartment. The seats, both front and rear, feature areas of extensive cross stitching. The knobs have a solid, heavy feel, like those found in Rolls Royces or Aston Martins. And the current generation of the iDrive infotainment system has worked out most of the kinks and is, overall, very user friendly. The 10″ touchscreen display, located in the center console, is one of the largest in the business. Needless to say, being a BMW, the 5 Series is chalk full of too many techno-goodies to mention. But the car is capable of limited self-driving, self-parking and it even has a gesture recognition system that obviates the need for actually finding buttons while driving.
The 5 Series starts at $52,000 and goes as high as $72,000, for the loaded version with the larger engine.
If you’re planning on buying a BMW 5 Series on loan or with cash, you could profit by taking another look at leasing. Leasing has some decisive advantages over ownership. Perhaps the most prominent of these are the large sums of money that can be saved by leasing versus buying.
A BMW 5 Series can currently be leased for as little as $500 per month. Contrast that with buying on a bank loan, where a typical monthly payment can easily exceed $1,000. Over the course of a 36 month lease, these savings can add up to serious money.
But leasing can also save you big on up-front costs. The drive-away costs for leasing a new BMW 5 Series are often less than $1,000. But when buying with a bank loan, the total initial costs may run well into the five figures. Between the money saved up front and the ongoing, major reductions in monthly payments, leasing can save huge sums of money.
When leasing, you also are free not to worry about how to dispense of the vehicle when it’s time to get a new car. This can free up large amounts of time that would otherwise have been spent selling the car.