Case Study: The Cost of Owning a BMW E39 M5
Anybody can afford to buy a used BMW. But maintaining a used BMW is another story. After all, the most expensive car you every buy will probably be a cheap BMW. This is a case study of an E39 M5 owner after 9 years and 100,000 miles. So, what did that cost? 1. The operating cost of the car is 53 Cents per mile. The average cost for a large sedan is 56 cents per mile (AAA 2018). You get that number by dividing total miles driven by everything you put into it, like gas, insurance, repairs, and the cost of the car when you bought it versus value if you sold it today (depreciation).