1997-2003 BMW 5-Series: Full Review

Updated: 11/23/08

1997 BMW 5-Series interior
2003 BMW 5-Series
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1997-2003 BMW 5-Series 

  • Price Range:  $4,700 - $26,500
CG Rating

64

out of 100

About our Road Test

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Learn about the year-to-year changes and reliability for the 1997-2003 BMW 5-Series and our price chart details a range of prices based on vehicle mileage and condition.

Pros

  • Acceleration (540i, M5)
  • Ride
  • Cargo room (wagon)
  • Build quality
  • Steering/handling
  • Quietness

Cons

  • Acceleration (6-cylinder automatic)
  • Rear-seat comfort
  • Fuel economy (540i, M5)

Vehicle Highlights

Introduced in spring of 1996 as an early '97 model, the redesigned midlevel BMW sedan showed evolutionary styling changes rather than a dramatic difference. Offered only as a sedan, wheelbase grew by 2.7 inches and overall length by 2.2 inches.The new 5-Series came in two forms: with a 6-cylinder engine as the 528i, or powered by a V8 as the 540i. Both were enlargements of the engines used in the prior 5-Series generation. The 2.8-liter, dual-overhead-camshaft 6-cylinder engine made 190 horsepower, versus 282 horsepower for the 4.4-liter V8. A 5-speed manual transmission was standard on the 528i, with 4-speed automatic optional. The 540i, in contrast could have either a 6-speed manual or 5-speed automatic transmission. Standard equipment on both models included dual front and side airbags, antilock brakes, and traction control. Rivals include the Acura RL, Lexus GS 300, and Mercedes-Benz E-Class.

Expert Ratings Summary (view detailed report)

Category BMW 530i sedan Rating
Performance 7
Fuel Economy 5
Ride Quality 9
Steering/Handling/Braking 8
Quietness 7
Controls/Materials 5
Interior Room 8
Room/Comfort (rear) 6
Cargo Capacity 2
Value within Class 7
Total Score: 64
Learn about the year-to-year changes of the 1997-2003 BMW 5-Series. Get full details of the styling and performance changes throughout the history of the 1997-2003 BMW 5-Series.

Year to Year Changes


1998 BMW 5-Series: Optional rear side airbags became available this year, and both models also gained BMW's exclusive new Head Protection System, which consists of two tubular bags that inflate in a side impact, popping out just above each front door. A new Sport Package became optional for the 528i and the automatic-transmission 540i. The Sport Package included black body trim, a sport-tuned suspension, and 17-inch wheels and tires.
1999 BMW 5-Series: Station wagon body styles joined sedans in both 6-cylinder and V8 editions. Added as standard or optional for '99 were brighter xenon headlights, memory for power seats and mirrors, Park Distance Control that warns of obstacles when backing up, and self-leveling rear suspension for wagons. Standard on V8 models and newly optional for 528i versions was BMW's Dynamic Stability Control, designed to aid control in fast turns.
2000 BMW 5-Series: A high-performance M5 sedan returned to the BMW fold this year. Built in limited numbers, the M5 used a 400-horsepower V8 and came with a firmer suspension, 18-inch wheels, mandatory 6-speed manual transmission, and exclusive interior trim. Rain-sensing windshield wipers and xenon headlamps became standard (instead of optional) for the 540i, and were newly available for 528i models. The 528i versions also gained the 540i's standard antiskid system. All models now had daytime running lights, fog lamps, and a right outside mirror that tilts down when backing up. Lower-body rear side airbags were standard on the M5, remaining optional for other models.
2001 BMW 5-Series: Two new models, the 525i sedan and wagon, were added to the lineup. Both were powered by BMW's new-design 184-horsepower 2.5-liter inline 6-cylinder engine. The 528i wagon was dropped and the 528i sedan became a 530i with a new 3.0-liter six. Also for 2001, all models got minor cosmetic changes and a wider dashboard screen for the optional navigation system.
2002 BMW 5-Series: BMW's midrange line made few changes this year, pending release of redesigned models for 2004. The 540i's V8 gained 8 horsepower, bringing it up to 290 hp. All models got a standard in-dash CD player, 6-cyl models added a standard power passenger seat, and 525s replaced manual climate control with automatic.
2003 BMW 5-Series: All 6-cyl models add a standard sunroof. Standard on the manual-transmission 540i sedan and optional on other 540i models is a new Sport Package with 18-inch wheels, front spoiler, and sport suspension. 5-Series was redesigned with "different" styling and BMW's controversial I-Drive system for 2004.

Our road test for the 1997-2003 BMW 5-Series includes a full evaluation from the inside out. We've evaluated every aspect of the 1997-2003 BMW 5-Series and highlighted the vehicle's performance with pros and cons. Use our comprehensive road test ratings to decide if this generation 1997-2003 BMW 5-Series is right for you.

Consumer Guide® Road-Test Evaluation

Because the 6-cylinder engine is short on low-speed torque, it needs to reach past 3000 rpm before it can provide much zip. With an automatic transmission, the 528i gets winded while climbing hills, or when you need to pass other vehicles quickly. A test manual-transmission 530i did 0-60 mph in just 6.7 sec. Power is more than sufficient with the smooth V8 engine, which yields quick takeoffs and spirited passing with its 5-speed automatic transmission. A 528i with manual shift averaged 20.9 mpg in a blend of hard city and highway driving. With automatic, mileage dipped to just 18.8 mpg. An automatic 540i got just under 16 mpg, despite many miles of freeway driving at moderate speeds. The 525iT wagon later averaged 17.4 mpg with automatic transmission. Both engines demand premium fuel. Steering on either model is fluid and precise. Each model is surefooted and agile, despite a surprising amount of body lean through tight turns. The BMW's standard suspension soaks up most bumps easily and delivers a comfortable, stable highway ride. The tighter optional sport suspension gives more jiggle and thump on imperfect surfaces. Despite the roomier interior in this generation, a wide center console steals some space up front. Also, a large driveline tunnel divides the rear seat. That leaves real room for only four adults--not much for a car with the exterior dimensions of the 5-Series. Head and leg room are ample in the rear seat, partly because the seat cushion is low and short. Though not wide, the trunk has a long, flat floor. BMW's take-charge driving stance is appealing, though some minor controls are bothersome. Most notably, the complicated audio/climate/trip computer display can be quite confusing at first.
Value for the Money
Overall driving pleasure is a sure thing on either model, but especially the potent 540i. You get more space than a 3-Series, with almost as much agility. And the 5-Series is only a little less luxurious than the big 7-Series sedan.

Expert Ratings Summary

Category BMW 530i sedan Rating
Performance 7
Fuel Economy 5
Ride Quality 9
Steering/Handling/Braking 8
Quietness 7
Controls/Materials 5
Interior Room 8
Room/Comfort (rear) 6
Cargo Capacity 2
Value within Class 7
Total Score: 64

Each vehicle report contains one rating chart for representative model. Consumer Guide® rates in ten key areas: Performance, Fuel Economy, Ride Comfort, Steering and Handling, Interior Noise, Controls and Materials, Driver Room, Passenger Room, Cargo Capacity, and Insurance Costs. These ratings compare the particular vehicle rated to ALL other vehicles, not a vehicle's standing in a particular class. In the ratings table, "1" is the lowest rating and "10" is the highest rating.
Our reliability study for this generation BMW 5-Series includes details on average repair costs, manufacturer recalls, and everything you need to know to gauge the long-term reliability of this generation BMW 5-Series .

Trouble Spots

Consumer Guide's® Auto Editors have scoured repair bulletins and questioned mechanics to search for commonly occurring problems for a particular vehicle. In some cases we also give possible manufacturer-suggested solutions. In many instances these trouble spots are Technical Service Bulletins posted by the manufacturer, however, we have our own expert looking at additional vehicle problems.

Check-engine light: Check engine light comes on indicating problems with the secondary air system caused by carbon buildup in the cylinder heads of 4.4L V8 requiring removal to clean. (2000-01)

Headlights: The Xenon headlights may not illuminate if the switch is turned while cranking engine. (2000)

Odometer: Due to a software error, the trip odometer resets itself after 650 miles. (1997)

Oil leak: Oil and coolant leak from valley in V8 engine could be a rear main seal leaks. (1997-2001)

Rough idle: Vehicles equipped with variable valve timing system (VANOS) engines may suffer engine valve jamming and varnish buildup if oil changes are extended. (1997-01)

Seat: The power seats may not work because misrouted wires short out and blow the fuses (1996-97)

Seat: The seat back or entire seat may move spontaneously requiring either a replacement rocker switch, control module, or both. (1997)

Sunroof/moonroof: If the sunroof does not work, it may have to be reinitialized by removing and reinstalling the fuse then holding the "tilt" button until the roof tilts twice. (1998)

Trunk latch: The trunk release button may not work because the rubber seal moves and holds the switch closed. (1998)

Consumer Guide® Estimated Repair Costs

This table lists costs of likely repairs for comparison with other vehicles. The dollar amount includes the cost of the part(s) and labor (based on $50 per hour) for the typical repair without extras or add-ons. Like the pricing information, replacement costs can vary widely depending on region. Expect charges at a new-car dealership to be slightly higher.
Item Name Repair Cost
A/C Compressor $1,350
Alternator $780
Automatic Transmission or Transaxle $1,230
Brakes $290
Clutch, Pressure Plate, Bearing $920
Constant Velocity Joints $965
Exhaust System $1,130
Radiator $810
Shocks and/or Struts $870
Timing Chain or Belt $1,850
Our price chart for this generation BMW 5-Series details a range of prices in year-by-year listings based on vehicle mileage and condition.
Prices Good Average Poor
2003
525i, 530i $13,000-15,300 $11,800-13,900 $7,500-8,900
540i $16,500-18,500 $15,000-16,800 $10,600-11,800
M5 $26,500-28,500 $24,600-26,500 $17,500-18,800
2002
525i, 530i $11,000-13,000 $9,900-11,700 $5,900-7,000
540i $13,200-15,200 $12,000-13,800 $7,700-8,800
M5 $22,000-24,000 $20,200-22,100 $14,300-15,600
2001
525i, 530i $9,500-11,000 $8,600-9,900 $4,900-5,700
540i $11,700-13,700 $10,500-12,300 $6,400-7,500
M5 $19,000-21,000 $17,500-19,300 $12,400-13,700
2000
528i $8,400-9,500 $7,600-8,600 $4,400-4,900
540i $10,000-11,500 $9,000-10,400 $5,200-6,000
M5 $17,500-19,000 $16,100-17,500 $11,200-12,200
1999
528i $7,400-8,400 $6,700-7,600 $3,700-4,200
540i $9,000-10,200 $8,100-9,200 $4,700-5,300
1998
528i $6,400-7,300 $5,600-6,400 $2,800-3,200
540i $7,900-8,900 $7,100-8,000 $4,000-4,500
1997
528i $5,500-6,400 $4,700-5,500 $2,300-2,600
540i $6,500-7,500 $5,700-6,600 $2,900-3,400
This chart details a range of prices in year-by-year listings for vehicles in three condition levels:
Good: a clean low-mileage, solid-running vehicle that needs little or no repair.
Average: a car with normal miles on the odometer, perhaps a few scrapes or dings; engine might need a minor repair or two, but runs acceptably well.
Poor: might have potentially dangerous problems with the engine and/or body, or abnormally high mileage; definitely in need of mechanical attention. Valuations reflect wholesale prices paid by dealers at auction, and retail prices on used-car lots. Each range covers all trim levels and engine types for a vehicle with a typical amount of equipment--usually an automatic transmission, air conditioning, stereo, etc. Fully loaded vehicles may cost more. Average mileage is 12,000 miles per year. Keep in mind that these are guidelines only. Actual selling prices vary- especially from region to region.
Specs for this generation BMW 5-Series include everything from fuel mileage to seating capacity to options availability.

Vehicle Dimensions

Specification 4-door sedan 4-door wagon
Wheelbase, in. 111.4 111.4
Overall Length, in. 188.0 188.0
Overall Width, in. 70.9 70.9
Overall Height, in. 56.5 56.5
Curb Weight, lbs. 3450 3692
Cargo Volume, cu. ft. 11.0 36.5-65.2
Standard Payload, lbs. -- --
Fuel Capacity, gals. 18.5 18.5
Seating Capacity 5 5
Front Head Room, in. 37.4 37.4
Max. Front Leg Room, in. 41.7 41.7
Rear Head Room, in. 37.5 37.5
Max. Rear Leg Room, in. 34.2 34.2

Specifications Key: NA = not available; "--" = measurement does not exist.


Powertrain Options and Availability

A choice of two engines gives the 5-Series two different personalities. The 528i carries a dual-overhead-cam inline 6-cylinder engine, producing 190 horsepower. A 4.4-liter V8, also with overhead camshafts, sits beneath 540i hoods. Either model might have manual shift or automatic, but the 528i got a choice of 5-speed manual or 4-speed automatic, whereas the 540i could have either 6-speed manual or 5-speed automatic. For 2000, a 4.9-liter V8, making 394 horsepower, went beneath the hood of the revived M5 sedan, which came only with a 6-speed manual transmission. Added in 2001 were 525i and 525iT models with 2.5-liter I6 engines and a 530i with a 3.0-liter I6 in place of the 2.8-liter. The 540i V8 engine gained 8 horsepower, bringing it up to 290 for 2002.
Engines Size liters /
cu. in
Horse- power Torque Transmission:
EPA city/hgwy
Consumer Guide Observed
dohc V8 4.4 / 268 282-290 310-324 6-speed manual: 15/24
5-speed automatic: 18/24
6-speed manual: --
5-speed automatic: 15.8
dohc I6 3.0 / 182 225 214 5-speed manual: 21/30
5-speed automatic: 18/26
5-speed manual: 21
5-speed automatic: --
dohc V8 4.9 / 303 394 368 6-speed manual: 15/23 6-speed manual: 13.8
dohc I6 2.5 / 152 184 175 5-speed manual: 20/29
5-speed automatic: 19/27
5-speed manual: --
5-speed automatic: 17.4
dohc I6 2.8 / 170 190 207 5-speed manual: 19/28
4-speed automatic: 18/26
5-speed manual: 20.9
4-speed automatic: 18.8

Specifications Key: NA = not available; "--" = measurement does not exist.

Built In:  Germany
Drive Wheels: longitudinal front-engine/rear-wheel drive
Detailed safety information for this generation BMW 5-Series include detailed crash test scores from the NHTSA.

NHTSA Crash-Test Results

Vehicle crash test information not available at this time.

The National Highway Traffic Safety Administration (NHTSA) tests a vehicle's worthiness in front- and side-impact collisions and rates its resistance to rollovers. Front-impact crash-test numbers indicate the chance of serious injury: 5 = 10% or less; 4 = 10-20%; 3 = 20-35%; 2 = 35-45%; 1 = More than 45%. Sideimpact crash-test numbers indicate: 5 = 5% or less; 4 = 6-10%; 3 = 11-20%; 2 = 21-25%; 1 = More than 26%. Rollover resistance numbers indicate the chance for rollover when the vehicle leaves the roadway: 5 = Less than 10%; 4 = 10-20%; 3 = 20-30%; 2 = 30-40%; 1 = More than 40%.

Learn about official auto recalls, reliability issues, and vehicle problems for the 1997-2003 BMW 5-Series directly from the NHTSA and manufacturers.

NHTSA Recall History

1997 5-Series: In some cases, long exposure to certain environmental and operation conditions could cause front spring strut plate to begin to crack, and possibly break eventually.
1997 5-Series: On certain vehicles, environmental conditions may cause the front string strut plate to break and interfere with the front tires. Dealers will inspect and install a retaining clip.
1998 5-Series 528i: Sealing material of automatic-transmission gear position switch can develop leaks and allow water entry; may eventually result in incorrect indication of gear position.
1998 5-Series 540i: Differential pinion shaft was produced without appropriate surface hardening, which can result in premature wear; would cause failure of the shaft and loss of power to rear wheels.
1999 5-Series 540i: Thickness of main positive electrical cable is less than specified, making it susceptible to abrasion by attaching clip; short circuit could occur.
1999 5-Series 540i w/automatic transmission: Premature wear of ring gear can occur on some cars, leading to loss of 1st, 2nd, 3rd, and reverse gears.
2000 5-Series: Brake-lamp switch could fail internally, remaining either in "off" or "on" position.
2000-01 5-Series M5 w/18-inch wheels: Tire sidewalls may have been damaged at the manufacturer. The damaged area could weaken to the point where a sudden loss of air from the tire could occur.

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