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Stay the F away.
My 2001 X5 was the worst car I ever owned. Left me stranded numerous times and needed to get towed. Owned since brand new, soon as 100k hit it just fell apart. The front end was replaced 3 times as well under warranty before then. Not to mention the electrical problems every time it started raining. Trunk would unlock all the time and brake lights always went out due to moronic socket design.
I had a 3.0, my friend had the V8, his was even worse.
My recommendation is avoid like the plague.
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