I'm in the market for and '04 or '05 545i. I'm lending toward the '05, but willing to accept a very nice, low-miles '04. What are some of the nagging issues associated with either vehicle I should be aware and actually look for before purchasing? My goal is to get a CPO which will help a great deal. However, even if BMW is picking up the tab you still have to take the car there for service, which is valuable time lost. If there's something I should avoid that will almost certainly have me running back and forth to the shop, I would love to know about now. Thanks!
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Depending on the build date for the 2004 - Bluetooth will not work at all - even tho the car comes with a bluetooth pairing key and instructions. 
I'd check to make sure your phone works with the car first...
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Thanks...that's great info. I definitely want that capability.
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BMW had a "firesale" on late year '05 545i in the first half of 2006. Leases with MFs in the 0.001 area and such. Keep an eye on swapalease.com and you might find one.
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No major complaints or problems, but there seem to be quite a few complaints about "rattling" coming from the door panels and sunroof. I had a problem that seemed to be computer-related, but it turned out to be only an undercharged battery. Good luck with your purchase. Here's a link to Autoweek's one-year review:
http://www.autoweek.com/apps/pbcs.dl.../60303007/1004
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Agent99/marc545i, this is why I really like this forum. I really appreciate this info ... I'll let you know what I finally decided to do. I'm hoping to find a nice Titanium Silver in the 15-20K miles range. I love my e39, but I'm feeling the urge to move on to the new body style.
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I Need Your Thoughts and Recommendation