M5s at auction - The Unofficial BMW M5 Messageboard (m5board.com)

Fast6 · 30th June 2003, 16:41

Thought this might interest you guys. These are from the results of the Manheim auction last week in LA. First number is miles, second number is $$$.
2000 M5 37,940 RED 43,000
2000 M5 47,646 SILV 41,500
2000 M5 48,594 CARBNBLK 39,750

30th June 2003, 17:05

I am sorry but I am not familiar with this particular auction. Is this a "dealer" auction or is it a public auction and should one assume that these are end user numbers?

Thanks for the info,

Bob Poole
2003 Imola Red

anthem · 30th June 2003, 17:24

mannheim is dealer to dealer wholesale. Generally you have to be in the biz to buy at auction from them. The prices that you see from Manheim pretty much line up with what dealers offer on trade-in (sometimes a bit more, but then they are just taking from the top on selling their car). It's the price that is actually changing hands at - rather than asking prices.

JunFan · 30th June 2003, 17:31

You got the info on the 2001's that were sold?

TIA,
JunFan

2001 M5 Titanium/Black

Fast6 · 30th June 2003, 17:31

Yeah...sorry, it's a dealer auction. However, I know a guy that goes to them and buys cars for a $2500 price to his customer.

30th June 2003, 17:39

Thanks for the auction info. These numbers really don't look that far off some of the proposed 48 month residules that I saw when I was initially looking at my M5. I suppose one could assume that they may be further depressed when the new E60 becomes available, OR maybe they won't, simply because the new car is so **** ughly

Thanks again,
Bob Polle
2003 Imola Red

Fast6 · 30th June 2003, 18:04

JunFan,
Sorry, no '01s at this one.

Teutonaddict · 30th June 2003, 18:26

Thanks for posting!

This is relevant because (as a little mouse once told me) BMWNA uses the Mannheim Auction Report to set the prices at which a dealer can buy back a leased BMWFS vehicle within the last 90 days of its term.

Very interesting!