Sometimes, BMW CPO is worth it... the one-year warranty at least provides some peace of mind.
The big ticket items for any X5 are the iDrive (check the display to see that there's little burn-in, no dead pixels or etcetera), the turbos (I'm assuming diesel) and fuel system, and the air suspension.
You can replace the air suspension with steel springs... but it's still a hassle if it breaks.





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