Faults:

At 31,500 miles (500 miles after I bought it) clutch went out. Probably due to poor driving by first owner. I bought the car as a Certified Pre-Owned vehicle from a prestigious California dealership, so I assumed their certification process meant that the clutch would have to have some life left in it. They refused to provide any assistance with the $1900 repair, not covered by warranty because it is a "normal wear and tear item". When I complained that a "certified" car should have more than 500 miles left on a clutch, they said "Sue BMW". I didn't.

At 38,500 miles 1st gear went out. Again, not covered, they said I was probably a bad driver (my next clutch lasted 85,000 miles- so I think I'm fine). Again they said my only recourse was to go after BMW North America. I wrote a letter. No response. $2100.

My car had a warranty until 100,000 miles. The following is a list of repairs that were made during that time for only a $50 deductible:

- (45k) Oil pump failure caused some sort of blockage in lines. Pressure built up. Hose exploded sending oil everywhere. Minor engine fire. Many hoses replaced. Oil pump replaced. Fire lining on hood replaced.

- (52k) Electrical system for A/C failed. No lights, no controls. Entire A/C dash unit replaced.

- (54k) Passenger Power sear failure.

- (54k) Got car back from dealership for power sear failure. Stereo no longer worked. Took 12 business days to locate problem. Loaner car= Kia

- (62k) Driver's power window stuck down

- (63k) Rear passenger window stuck up

- (64k) Terrible engine noise. Dealer diagnoses as a worn belt. "Normal Wear and Tear" so I pay $400. I drive off and engine just stops dead. Turned out to be the timing chain. They replace under warranty and refund my money.

- (66k) Power rear view mirror stop moving. They say it was a fuse.

- (74k) Driver's Exterior door handle does nothing. Some sort of actuator broke. Replaced under warranty

- (75k) Driver power window fails while in up position. While driving on street window suddenly falls into door and shatters. During previous window repair they had failed to put back some of the clamps and screws that hold the window into place. They said "We're surprised it lasted this long." They found it funny.

- (81k) Passenger power window failure.

- (98k) Passenger power seat failure.

Then my warranty ended.

- (103k) Check Engine Light- need new catalytic converter. $600

- (115k) New Clutch $1800

- (122k) While driving in 3rd I accelerate to pass a slow moving truck. I go to shift to 4th and go into 2nd instead. Bam. Had to rebuild the top of the engine. $3000- but my fault.

- (125k) Airbag light-passenger seat sensor failure $300

- (135k) Driver's Interior door handle no longer opens door. Broken actuator. $650

- (135k) Check Engine Light- Sensor for fuel cap broken $400

- (135k) Airbag light- same problem as before. Bad fix by mechanic. He replaced for free.

This is not to mention the DOZENS of cup-holders, front and back, that I have bought. At first I had BMW install them $100 until I looked at it and saw that it takes 5 minutes. So now I do it myself.

Also, the gas cap sensor is very finnicky and the check engine light goes off if you do not tightly screw the cap on. But after a few days of driving it resets.

So I've had a few problems.

General Comments:

The reliability of the car is horrible and the attitude of BMW as a whole is equally bad. But many dealerships have very nice staff.

When the car is working it is a great machine. Its fun to drive for a sedan and is a nice blend of sport and comfort.

It feels zippy because of the manual transmission, but there really isn't that much power. Most of the power-band is a bit strained, but if you know where to keep the rev's you can feel pretty good.

The ride is OK, not lush, not harsh. I have the optional sport package and low profile 17" wheels so my ride is on the firm side.

Rear seat room is fine for most, but not luxurious for tall people on long trips.

Storage is fantastic, especially with my fold down rear seats.

Interior quality is nice. The materials look and feel nice and the leather looks great still, 8 years later.

It is great to have this car with a manual- you can outperform automatic 540's. As far as manual transmissions go, this one only so-so. It will not feel like a sports car's transmission, but its better than the auto if you want to get the most out of the V6.

Depreciation was pretty bad. Car was over $48,000 new (I paid $36000 for it as an 24 month loan return). Now its worth about $7000. Probably wont lose that much value now.

Overall, I think my situation with this was unique. With the exception of being sold a car with no remaining clutch and then having to pay for it- most of the other repairs were done under warranty. If you don't like the hassle of going to dealerships and mechanics- this isn't the car for you. Buy a Lexus (yawn...). This is a bargain enthusiasts sedan. If you cant afford an M5 or a 540i sport (even more problems than my V6), this is a great option for someone seeking a manual luxury sedan. Just get an extended warranty or have a friend who likes to fix cars for free.

Faults:

Catalytic Converters went at 46k.

Battery at 40k.

Dashboard Pixels went at 40k.

Water pump and radiator 72k.

Thermostat 72k.

Oxygen sensor 46k & 78K.

Airbag sensor 75k.

Tie Rod and Bushings 72k.

Air Conditioning Unit 80k.

General Comments:

The BMW 540 is a beautiful car as well as top notch when it comes to performance of a sports sedan.

The reliability is absolutely terrible for a 63k vehicle. I understand that there are certain things that you give up when you buy a performance car, but the items I have listed should have lasted at least till 90-100k. The list cost approx. $9,000.

The previous owner was my father and it was kept in a garage for the life of the vehicle. It has never seen 130k nor pushed past the red line.

This is unacceptable for any car. BMW should learn about what happens to unreliable luxury cars... ask Cadillac and now Mercedes.

This will be my last BMW.

Faults:

Radio and Tape Player no longer work.

The Drivers seat no longer adjusts along with the steering wheel.

The defrost/AC buttons fall out - the whole module needs replacing.

The passenger interior door handle broke.

Paint is flaking from interior door handle guards.

General Comments:

I love the drive of my car. Handling is excellent. Gas mileage is good (average 25.8). Cosmetics of the car looks great, but are flimsy.

When car is cold - the transmission does not shift the greatest.

Faults:

To unlock door from the inside, you pull the handle once to unlock and a second time to open. So, before 5000 miles the lever broke off. But the dealer fixed it same day without an appointment.

General Comments:

An oil change would cost $85, but the dealer does it free for three years. This is synthetic oil, which is costly.

But this car is amazing to drive. It corners like a mid-engine car, perfectly in balance. The seats are unbelievable, and I'm over 6'4" tall. I just would like about 50 more horsepower/ftlb torque. What a great commuter car! Heehee. You gotta roadtest one, at least! But it may cost ya!