Greetings all, I am looking to purchase a preowned (i.e., 2004 or 2005 530). However, here is my dilemma: purchasing a 2004 530 from a private seller with no warranty (but priced "right") vs. purchasing a 2005 CPO 530 from a dealer (for a higher price and CPO warranty, of course). The 2004 is stick, it has the cold weather and premium pkg, w/nav, but it has appx 56k miles. The car has a clean carfax and has been adult driven. i test drove the car the clutch is tight and suspension firm. However the manufacturer's warranty has expired and that concerns me. I will have the car inspected by a BMW mechanic. Assuming, the inspection reveals that the car is mechanically sound (chassis, powertrain, computer etc...) Should I be concerned about "little things" breaking down since 2004 was the first model year for the E60! (insert comments here!.....) The 2005 that I am considering from a dealer of course would be a CPO vehicle, automatic (that would be ok) with lower miles, no nav, but would cost an additional $3 -$4K. It doesn't have the same color combo as the '04 but it is still a good looking car (orient blue with tan interior). So, what are your thoughts. Buy from a private seller with no warranty and bank on the fact that it's "beemer" or pay a few more thousand and get it from a dealer. Any suggestions will be greatly, greatly appreciated. Thank you in advance.