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Originally posted by ImolaM5:
I have the following questions:
What should I pay? I was more than willing to pay list for a new M5, but have NO idea when it comes to a used one.
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That depends on how bad you really want the car right now as opposed to waiting in line for the MSRP car later on?? BTW: My BEAST is Imola with black Nappa leather and titanium trim!! Excellent choice!!!

You will love it!!!
Depending on what part of the country the dealer/seller is in?... this car with 2000 miles on it would probably fetch at least $80K. My dealer in Houston just sold an Imola car with 300 miles on for $82K. This is just about $10K over MSRP. Again, this will depend on the dealer and how hot the market is for used M5s in the dealers area??
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Given my current place in line, I'm looking at late 2001 / early 2002 for a new 5 -- Should I wait?
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Again, this depends on how bad you want a BEAST? It looks like if you wait in line, you will be taking delivery of a 2002 model car. You have some soul searching to do??? Be ready to pay a premium ???$$$ if you decide not to wait. However, there are occasionally (given the current stock market situation

) some cars that become available at MSRP right away... watch this board religiously for these when they arise!!
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What should I look for (problem wise) -- if anything?
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I would have a "good" M5-literate mechanic check out the car? You would want to find out (if possible) how the car was broken in? The guy that bought it new could have possibly trashed it during breakin, which would not be good in the long run for oil consumption?!!
I would also look real closely at the brakes and rotors for signs of brake abuse during breakin?.. Look for black streaks on the rotors possibly indicating severe braking conditions?...
Another tell tale sign of abuse early on is the clutch?.. does it slip between gears on hard acceleration??
A good mechanic will know what to look for? Let me know if you want to discuss this with my mechanic?... he is one of the best there is!!
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Any other thoughts, insights or advise would be much appreciated.
Thanks guys -- I love this board -- and a belated happy and healthy new year to all
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Let us know what you decide?.. and if you have any other questions? don't hesitate!
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Andy
2000 Imola M5 / Black Nappa - Titanium Trim