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I had a 550 before I bought my 35i X5.
I miss the ridiculous power, and just being able to blow almost everything else on the road away at will, but I don't miss the way it chewed through gas.
I don't drive so many miles that the difference in mileage is a big factor financially, but by the time I turned in the 550, I was pretty sick of having to stop for gas every 250 to 320 miles. One of the best parts of the experience of picking up my X5 was firing it up and having the dashboard show range of 480 miles to empty.
In addition to better mileage, the 35i is absolutely fast enough for 99% of my driving, and because of the reduced weight, is better balanced and handles better than the V8. I'd buy another 35i in a heartbeat even if it was the same price as he 50i.
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