2008
BMW 550

Starts at:
$58,800
Shop options
New 2008 BMW 550
See ratings
Consumer rating
Owner reviewed vehicle score
Not rated
Safety rating
NHTSA tested vehicle score
Consumer rating
Owner reviewed vehicle score
Not rated
Safety rating
NHTSA tested vehicle score
Shop Cars.com
Browse cars & save your favorites
Dealers near you
Find & contact a dealership near you
no listings

We're not finding any listings in your area.
Change your location or search Cars.com to see more!

Change location

Photo & video gallery

2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550 2008 BMW 550

Notable features

More-powerful engines
RWD or AWD
Sedan or wagon
Up to eight airbags
Lane departure warning

The good & the bad

The good

300-hp twin-turbo six-cylinder engine
Handling potential

The bad

Complex iDrive operation

Expert 2008 BMW 550 review

our expert's take
Our expert's take
By Steven Cole Smith
Full article
our expert's take


The last-generation 5-Series served with profit-producing distinction for BMW from 1997 to 2003, so when the all-new 2004 model arrived, expectations were high. It delivered. There were some criticisms — the mildly peculiar styling, the anti-intuitive “iDrive” joystick controller that made simple functions such as changing radio stations a multistep process — but overall, the car has been a success.

For 2008, it was time for an update, and as these midcycle makeovers go, this one is moderately extensive. We have new front and rear styling — inarguably an improvement at both ends — a revised interior, a couple of new engines, and a substantial number of mostly unseen tweaks and general refinements that make the 2008 5-Series a genuine improvement over the 2007.

For ’08, BMW has replaced the 525i and 530i with the 528i and 535i. The 550i remains. Though the United States still doesn’t get the diesel engines that power half the 5-Series models in Europe — we should get at least one BMW diesel-powered model next year, though — the 5-Series does get a neat 300-horsepower, twin-turbocharged 3.0-liter six-cylinder from the 335i. That engine goes in the 535i; the 528i gets a 3.0-liter six-cylinder without turbos, meaning it’s the lowest-powered 5-Series at 230 horsepower. That’s certainly better than the 2004 525i, which had just 184 horsepower.

You can get the 528i and 535i as sedans or wagons. All-wheel-drive versions of the 528i and 535i sedans, and the 535i wagon, are also available — those would be the 528xi and 535xi.

The 528i’s revised inline-six-cylinder engine has 230 horsepower, 15 more than 2007. The 550i engine is a 4.8-liter V-8 with 360 horsepower, the same as last year.

I’ve driven a couple of 2008 5-Series models, but I spent most of my time in a 550i with a six-speed manual transmission. The 550i comes only as a rear-wheel-drive sedan; no all-wheel-drive or wagon version is offered. As nice as BMW’s twin-turbo six-cylinder is, this V-8 is profoundly satisfying, with a wonderful exhaust note under acceleration that sounds as though it should come from an American muscle car.

The biggest surprise with the 550i is one of those unseen improvements: Gone is the grabby clutch that made it difficult to execute a smooth standing start — finally, the clutch and transmission feel exactly right. For those who prefer not to shift for themselves, a six-speed automatic transmission is offered for the same price. This may be the first time I’ve preferred the manual over the automatic on the 5-Series.

Since this is a 2008 model, its window sticker uses the new EPA mileage rating system, which better reflects real-world driving. The test car was EPA rated at 15 mpg city, 22 mpg on the highway. This same engine and transmission was rated at 17 mpg city, 24 mpg highway in 2007. Premium gas is preferred.

Inside, the 5-Series cockpit feels familiar, but compared side-by-side with a 2007 model, there have been some substantial changes. Remaining is the iDrive, which uses a cookie-sized joystick located in the center console to control multiple functions. Critics, me included, have hammered BMW over the iDrive, but this one does seem a little easier to navigate than previous versions. BMW has added more and more conventional controls to the climate and sound systems that eliminate having to deal with iDrive.

Seats are typically German — firm, with good lumbar support — designed for effortless cruising. Rear-seat room is more than adequate for two adults, passable for three.

On the road, the 5-Series feels pretty much as it did last year, which is not surprising since there wasn’t much updating done, or needed, on the suspension. BMW, better than any manufacturer, manages to blend crisp handling with a smooth ride, and the 550i is no exception. If I had to hop in a new car and drive cross-country tomorrow, the 5-Series would be on the short list of preferred vehicles.

As you would expect, even the least expensive 5-Series model (which happens to be the 528i, starting at $44,300) comes with plenty of safety equipment, including stability control, traction control, active cruise control (it uses radar to maintain a safe distance from the vehicle in front of you), rain-sensing wipers, adaptive brake lights (the more “urgent” the braking, the larger and brighter the brake light area becomes), antilock brakes and even “brake drying,” which senses when the brakes get wet, and applies just enough pressure to dry them off.

The 550i test car represented the upper end of the lineup, with a base price of $58,500. The tester had quite a few options on top of that, including a cold weather package ($750) that added heated seats, steering wheel and headlight washers; a $4,600 sport package that gets you upgraded wheels and tires, a stiffer suspension, a sport steering wheel, an active suspension, some body trim and several other features; a navigation system ($1,900), an upgraded stereo ($1,200) and several other features than brought the price, with shipping, to $69,820. Feature for feature, that’s pretty close to 2007 prices — which is not to suggest that it’s cheap.

The 550i isn’t, however, the most expensive or most powerful 5-Series model — that distinction goes to the M5, which has a 5.0-liter, 500-horsepower V-10 engine. The 2008 M5 starts at $82,900, but save some money for gasoline, as mileage is EPA-rated at 11 mpg city driving, 17 mpg highway, making it thirsty enough to get socked with a $3,000 federal “gas-guzzler” tax.

Clearly BMW is working hard to maintain the 5-Series as the template for the mid-sized premium category, but it’s facing its toughest competition ever. The new 2008 Cadillac CTS is a strong contender, as are the Infiniti M, Mercedes-Benz E-Class, Lexus GS, Acura TL and Audi A6. Sources within BMW wonder if the freshening for the 2008 model went far enough — some within the company would have liked to see more dramatic exterior changes because, after all, this model needs to carry the 5-Series for at least three more years before an all-new model is ready.

In the first six months of 2007, BMW sold 23,807 copies of the 5-Series, down about 4,000 from the same period in 2006. With the 2008 models just now reaching the market, we’ll see soon enough how the customers feel about the makeover.

2008 BMW 550 review: Our expert's take
By Steven Cole Smith


The last-generation 5-Series served with profit-producing distinction for BMW from 1997 to 2003, so when the all-new 2004 model arrived, expectations were high. It delivered. There were some criticisms — the mildly peculiar styling, the anti-intuitive “iDrive” joystick controller that made simple functions such as changing radio stations a multistep process — but overall, the car has been a success.

For 2008, it was time for an update, and as these midcycle makeovers go, this one is moderately extensive. We have new front and rear styling — inarguably an improvement at both ends — a revised interior, a couple of new engines, and a substantial number of mostly unseen tweaks and general refinements that make the 2008 5-Series a genuine improvement over the 2007.

For ’08, BMW has replaced the 525i and 530i with the 528i and 535i. The 550i remains. Though the United States still doesn’t get the diesel engines that power half the 5-Series models in Europe — we should get at least one BMW diesel-powered model next year, though — the 5-Series does get a neat 300-horsepower, twin-turbocharged 3.0-liter six-cylinder from the 335i. That engine goes in the 535i; the 528i gets a 3.0-liter six-cylinder without turbos, meaning it’s the lowest-powered 5-Series at 230 horsepower. That’s certainly better than the 2004 525i, which had just 184 horsepower.

You can get the 528i and 535i as sedans or wagons. All-wheel-drive versions of the 528i and 535i sedans, and the 535i wagon, are also available — those would be the 528xi and 535xi.

The 528i’s revised inline-six-cylinder engine has 230 horsepower, 15 more than 2007. The 550i engine is a 4.8-liter V-8 with 360 horsepower, the same as last year.

I’ve driven a couple of 2008 5-Series models, but I spent most of my time in a 550i with a six-speed manual transmission. The 550i comes only as a rear-wheel-drive sedan; no all-wheel-drive or wagon version is offered. As nice as BMW’s twin-turbo six-cylinder is, this V-8 is profoundly satisfying, with a wonderful exhaust note under acceleration that sounds as though it should come from an American muscle car.

The biggest surprise with the 550i is one of those unseen improvements: Gone is the grabby clutch that made it difficult to execute a smooth standing start — finally, the clutch and transmission feel exactly right. For those who prefer not to shift for themselves, a six-speed automatic transmission is offered for the same price. This may be the first time I’ve preferred the manual over the automatic on the 5-Series.

Since this is a 2008 model, its window sticker uses the new EPA mileage rating system, which better reflects real-world driving. The test car was EPA rated at 15 mpg city, 22 mpg on the highway. This same engine and transmission was rated at 17 mpg city, 24 mpg highway in 2007. Premium gas is preferred.

Inside, the 5-Series cockpit feels familiar, but compared side-by-side with a 2007 model, there have been some substantial changes. Remaining is the iDrive, which uses a cookie-sized joystick located in the center console to control multiple functions. Critics, me included, have hammered BMW over the iDrive, but this one does seem a little easier to navigate than previous versions. BMW has added more and more conventional controls to the climate and sound systems that eliminate having to deal with iDrive.

Seats are typically German — firm, with good lumbar support — designed for effortless cruising. Rear-seat room is more than adequate for two adults, passable for three.

On the road, the 5-Series feels pretty much as it did last year, which is not surprising since there wasn’t much updating done, or needed, on the suspension. BMW, better than any manufacturer, manages to blend crisp handling with a smooth ride, and the 550i is no exception. If I had to hop in a new car and drive cross-country tomorrow, the 5-Series would be on the short list of preferred vehicles.

As you would expect, even the least expensive 5-Series model (which happens to be the 528i, starting at $44,300) comes with plenty of safety equipment, including stability control, traction control, active cruise control (it uses radar to maintain a safe distance from the vehicle in front of you), rain-sensing wipers, adaptive brake lights (the more “urgent” the braking, the larger and brighter the brake light area becomes), antilock brakes and even “brake drying,” which senses when the brakes get wet, and applies just enough pressure to dry them off.

The 550i test car represented the upper end of the lineup, with a base price of $58,500. The tester had quite a few options on top of that, including a cold weather package ($750) that added heated seats, steering wheel and headlight washers; a $4,600 sport package that gets you upgraded wheels and tires, a stiffer suspension, a sport steering wheel, an active suspension, some body trim and several other features; a navigation system ($1,900), an upgraded stereo ($1,200) and several other features than brought the price, with shipping, to $69,820. Feature for feature, that’s pretty close to 2007 prices — which is not to suggest that it’s cheap.

The 550i isn’t, however, the most expensive or most powerful 5-Series model — that distinction goes to the M5, which has a 5.0-liter, 500-horsepower V-10 engine. The 2008 M5 starts at $82,900, but save some money for gasoline, as mileage is EPA-rated at 11 mpg city driving, 17 mpg highway, making it thirsty enough to get socked with a $3,000 federal “gas-guzzler” tax.

Clearly BMW is working hard to maintain the 5-Series as the template for the mid-sized premium category, but it’s facing its toughest competition ever. The new 2008 Cadillac CTS is a strong contender, as are the Infiniti M, Mercedes-Benz E-Class, Lexus GS, Acura TL and Audi A6. Sources within BMW wonder if the freshening for the 2008 model went far enough — some within the company would have liked to see more dramatic exterior changes because, after all, this model needs to carry the 5-Series for at least three more years before an all-new model is ready.

In the first six months of 2007, BMW sold 23,807 copies of the 5-Series, down about 4,000 from the same period in 2006. With the 2008 models just now reaching the market, we’ll see soon enough how the customers feel about the makeover.

Safety review

Based on the 2008 BMW 550 base trim
NHTSA crash test and rollover ratings, scored out of 5.
Frontal driver
3/5
Frontal passenger
5/5
Nhtsa rollover rating
4/5
Side driver
5/5
Side rear passenger
5/5

Factory warranties

New car program benefits

Basic
4 years / 50,000 miles
Powertrain
4 years / 50,000 miles
Roadside Assistance
4 years

Certified Pre-Owned program benefits

Age / mileage
Certified Pre-Owned Elite with less than 15,000 miles; Certified Pre-Owned with less than 60,000 miles
Basic
1 year / unlimited miles from expiration of 4-year / 50,000-mile new car warranty
Dealer certification
196-point inspection

Compare similar vehicles

Select cars to compare for more detailed info.
  • 2008
    4.6
    BMW 550
    Starts at
    $58,800
    15 City / 23 Hwy
    MPG
    5
    Seat capacity
    Gas V8
    Engine
    Rear-wheel drive
    Drivetrain
    Compare
  • 1997
    5.0
    Hyundai Accent
    Starts at
    $8,599
    28 City / 37 Hwy
    MPG
    5
    Seat capacity
    Gas I4
    Engine
    Front-wheel drive
    Drivetrain
    Compare
  • 2010
    4.3
    BMW 550
    Starts at
    $60,600
    15 City / 23 Hwy
    MPG
    5
    Seat capacity
    Gas V8
    Engine
    Rear-wheel drive
    Drivetrain
    Compare
  • 2002
    5.0
    Audi S4
    Starts at
    $38,900
    17 City / 23 Hwy
    MPG
    5
    Seat capacity
    Gas V6
    Engine
    All-wheel drive
    Drivetrain
    Compare
  • 1997
    4.3
    BMW 540
    Starts at
    $49,900
    18 City / 24 Hwy
    MPG
    5
    Seat capacity
    Gas V8
    Engine
    Rear-wheel drive
    Drivetrain
    Compare
  • 2003
    4.7
    Audi S6
    Starts at
    $58,700
    15 City / 21 Hwy
    MPG
    5
    Seat capacity
    Gas V8
    Engine
    All-wheel drive
    Drivetrain
    Compare
  • 1993
    BMW 535
    Starts at
    $45,350
    -
    MPG
    -
    Seat capacity
    -
    Engine
    -
    Drivetrain
    Compare
  • Compare more options
    Use our comparison tool to add any vehicle of your choice and see a full list of specifications and features side-by-side.
    Try it now

Consumer reviews

4.6 / 5
Based on 40 reviews
Write a review
Comfort 4.7
Interior 4.4
Performance 4.7
Value 4.4
Exterior 4.7
Reliability 4.5

Most recent

Bought the car with 97k miles and it has a little over

Bought the car with 97k miles and it has a little over 102k miles now. My father purchased the car from a mechanic who maintained it very well. The car has been awesome so far except a handful of times, at a stop light, the transmission malfunctioned and puts itself into park. This also happened one time when I was reversing and scared the xxxx out of me. When this happens it displays the traction control and ABS light, not sure if anyone else has had this same issue? It fixes itself every time after turning the car off and back on. Also had an instance where cylinder 7 and 8 were misfiring, but took it to the shop they plugged it in and reset it and the motor has been perfectly fine since. Also, the car drinks oil and has very slight leak. I know it sounds problematic, but the car has made driving fun. Nobody buys a V8 bmw for its reliability / ease of ownership … but if you take care of it, it will probably take care of you just fine. It is truly a thrill to drive. I have the msport package with all the bells and whistles and that provides me with everything I want. The comfort seats are awesome and after a 3 hour road trip I feel like I could keep driving. I drive with a heavy foot and fill it with 93 and I get 15 mpg city driving and up to 25 on the highway. This car is a super comfortable commuter if you don’t mind the gas mileage. Turning off traction control + sport mode will allow you to have way too much fun. The car feels like it is just cruising (with summer tires of course) until you hit about 140 mph which is when I when I back off. I love cruising the highway in this thing as it always feels like it has plenty more power to unleash. I love this car and would recommend it to anyone that knows how to turn a wrench or has a good connection with a mechanic.
  • Does recommend this car
Comfort 5.0
Interior 5.0
Performance 5.0
Value 5.0
Exterior 5.0
Reliability 3.0
0 people out of 0 found this review helpful. Did you?
Yes No

best looking 5 series by far

2008 550i M sport owner, and Preventive maintenance is key with all BMWs and this is no exception. Mine is just about to turn 300,000 miles original engine and transmission. Take care of it and it will take care of you.
  • Purchased a Used car
  • Used for Having fun
  • Does recommend this car
Comfort 5.0
Interior 5.0
Performance 5.0
Value 5.0
Exterior 5.0
Reliability 5.0
2 people out of 2 found this review helpful. Did you?
Yes No

Latest news from cars.com

See all news

BMW dealers near you

FAQ

What trim levels are available for the 2008 BMW 550?

The 2008 BMW 550 is available in 1 trim level:

  • 550i (1 style)

What is the MPG of the 2008 BMW 550?

The 2008 BMW 550 offers up to 15 MPG in city driving and 23 MPG on the highway. These figures are based on EPA mileage ratings and are for comparison purposes only. The actual mileage will vary depending on vehicle options, trim level, driving conditions, driving habits, vehicle maintenance, and other factors.

What are some similar vehicles and competitors of the 2008 BMW 550?

The 2008 BMW 550 compares to and/or competes against the following vehicles:

Is the 2008 BMW 550 reliable?

The 2008 BMW 550 has an average reliability rating of 4.5 out of 5 according to cars.com consumers. Find real-world reliability insights within consumer reviews from 2008 BMW 550 owners.

Is the 2008 BMW 550 a good Sedan?

Below are the cars.com consumers ratings for the 2008 BMW 550. 92.5% of drivers recommend this vehicle.

4.6 / 5
Based on 40 reviews
  • Comfort: 4.7
  • Interior: 4.4
  • Performance: 4.7
  • Value: 4.4
  • Exterior: 4.7
  • Reliability: 4.5

BMW 550 history

Your list was successfully saved.
Your comparisons
 
 
 
 
Save list Compare