M5 E55 At Auction $$$$$$$$$ - The Unofficial BMW M5 Messageboard (m5board.com)

Jim Dolan · 9th February 2003, 18:08

Some of you have complained about dealers still wanting sticker price on the 2003 M5. Check this out.

Current Autospies reports the following auction prices this week.

2001 E55 19,076 miles went for $45,750.

2001 M5 . 24,949 miles went for $55,200.

Retail prices can be as much as $1,000 to 5,000 above cost. In the case of these cars most likely $5,000.

Strong confirmation of the value of the M5 compared to the E55 and should be no surprise with all the reviews with the M5 beating the E55 in just about every area.

I have considered the fact that the next gen E class is in the showrooms. This should account for $3,000 to $4,000 of the almost $10,000 difference between these two cars. Keep in mind both cars are two years older. That still leaves plenty of room for kudos for the M5's holding value. Also, the mystique of Mercedes gives them the edge in head to head competition, or at least it has in the past.

What does this mean? This E39 M5 is a better investment than the E55 and buying was better than leasing this particular car.

Aussie2U · 9th February 2003, 20:57

Thanks for the feedback on that Jim. I remember in the beginning days of the M5, the magazine's "showdown" between the M5, E55, and XJR. All were in the same neighborhood in price, performance, and size. The report's conclusion was the M5 came out on top followed by the E55 and then the Jag.

Now three years later, it's great to see resale follows these results as well. The BMW is strong, MB is next, and the Jag's are still taking the beating they always have.

M'nd · 10th February 2003, 19:08

Yea the jags still get beat up on depreciation but my '01 xjr is still the best looking sedan on the road!! Nothing comes close to matching the looks of this car.

greg · 11th February 2003, 09:09

My M5 continues to be way more valuable to me than what I can sell it for. I figure it has lost most of the value it is going to lose. That makes it easy. I ain't selling! I still love it every **** time I drive it.