Buying advice: 2000 E39 M5, 174k, <$10k - BMW M5 Forum and M6 Forums
E39 M5 and E52 Z8 Discussion 1998-2003 Advertiser's Forum

 4Likes
Reply
 
LinkBack Thread Tools Rate Thread Display Modes
post #1 of 34 Old 17th May 2017, 11:57 PM Thread Starter
Thunderdonkey
Junior Member, warming up (<31 posts)
 
Thunderdonkey's Avatar
 
Join Date: May 2017
Posts: 18
Thanks: 5
Thanked 0 Times in 0 Posts
Buying advice: 2000 E39 M5, 174k, <$10k

Hey all,

I'm planning on going out to Houston tomorrow to buy an E39 M5. Black on black, 175k miles, no known issues (although the wiper motor and ABS module were recently replaced), aftermarket wheels (hate them), good rubber, and supposedly remarkably solid for the mileage. Only 3 owners, no accidents, limited maintenance records, but an overall clean Carfax (despite an emissions failure back in 2011, which we don't do in San Antonio).

I've been around M's in various capacities my entire life (E36 and E46 M3s, E39 and E60 M5s), and have contemplated buying one for many years now. I'd been looking at the ~$25k price point at examples with roughly 80,000 miles on them, and then stumbled upon this bargain gem.

The leather looks to be in remarkable condition for the mileage, so it was almost certainly re-done at some point in the car's life (especially given that the front seat bottom bolsters are single pieces of leather rather than two).

I'm heading to Houston tomorrow to take it for a test drive and get it over to Bimmer Workshop for a pre-purchase inspection, and a compression test if that's not included.

Provided it checks out and there are no major issues (the only visible problem is a missing washer fluid reservoir cap, and those god-awful wheels)... Think this is a decent deal?

I'm absolutely not afraid of doing my own work either, and am well-versed in parts prices for E39's and S62 components. This would be a secondary (third) vehicle filling occasional daily driver duties, and to serve as the basis for an extremely stupid project within the next few months.

What are y'alls thoughts?

Frequently wrong, but seldom in doubt.
Thunderdonkey is offline  
Sponsored Links
Advertisement
 
post #2 of 34 Old 18th May 2017, 12:32 AM
mgdmb
M5 Guru (>2000 posts)
 
mgdmb's Avatar
 
Join Date: Feb 2007
Location: Campbell, CA
Posts: 3,096
Thanks: 265
Thanked 457 Times in 412 Posts
Compression / leak down won't be included in a standard PPI. Assuming everything checks out and you know how to wrench on them, why not, especially if it's not your only car...
mgdmb is offline  
post #3 of 34 Old 18th May 2017, 01:32 AM Thread Starter
Thunderdonkey
Junior Member, warming up (<31 posts)
 
Thunderdonkey's Avatar
 
Join Date: May 2017
Posts: 18
Thanks: 5
Thanked 0 Times in 0 Posts
Gotcha, good to know. That's pretty much the point I'm at: it's so damn cheap, and I've been deprived of anything over 200hp for so long that it's causing me physical distress.
Attached Images
           

Frequently wrong, but seldom in doubt.
Thunderdonkey is offline  
 
post #4 of 34 Old 18th May 2017, 02:38 AM
amancuso
Member, Sport: Off DSC: On (>50 posts)
 
amancuso's Avatar
 
Join Date: Apr 2017
Location: Burlington, NJ
Posts: 89
Thanks: 0
Thanked 7 Times in 7 Posts
Garage
amancuso is offline  
post #5 of 34 Old 18th May 2017, 02:45 AM
1stoutm5
Member, Sport: Off DSC: On (>50 posts)
 
1stoutm5's Avatar
 
Join Date: Aug 2016
Posts: 65
Thanks: 1
Thanked 2 Times in 2 Posts
Those wheels aren't terrible, just needs some drop and maybe some spacers. Also a few facelift items and it'll shine up like a new penny


Sent from my iPhone using Tapatalk
1stoutm5 is offline  
The Following User Says Thank You to 1stoutm5 For This Useful Post:
Duck (19th May 2017)
post #6 of 34 Old 18th May 2017, 02:47 AM Thread Starter
Thunderdonkey
Junior Member, warming up (<31 posts)
 
Thunderdonkey's Avatar
 
Join Date: May 2017
Posts: 18
Thanks: 5
Thanked 0 Times in 0 Posts
Man, I hope luck isn't really needed, but I feel like it very well could be... The vast majority of points of concern with the S62, especially at higher mileage, seem to be surrounding VANOS, which the shop should be able to identify issues with (they're esteemed to be one of the best BMW shops around)... Beyond that, it seems like typical high-mileage concerns.

My only gripe is that the 420D transmission is considered to be non-serviceable (no parts, no procedure, etc), which would be a $1k+ crapshoot if I run into any issues.

Aside from the inherent less-than-desirable cosmetic traits of the 2000 (no angel eyes, steering wheel, head unit, apparently tail lamps?), are there any other aspects of this model year that I should look out for? I've driven several E39 M5s, all low-mileage and meticulously maintained, so I should be able to identify any significant issues on the ~15 minute drive from the dealership to Bimmer Workshop.

Frequently wrong, but seldom in doubt.
Thunderdonkey is offline  
post #7 of 34 Old 18th May 2017, 02:52 AM Thread Starter
Thunderdonkey
Junior Member, warming up (<31 posts)
 
Thunderdonkey's Avatar
 
Join Date: May 2017
Posts: 18
Thanks: 5
Thanked 0 Times in 0 Posts
Oh yeah, and a quick run-down of ownership history:

  • Owner #1
    • Leased new in 2000 in Riverside, Connecticut.
    • Owned 8 yrs 3 mo.
    • Sold at 114,000 miles.
  • Owner #2
    • Titled in Houston, Texas.
    • Owned 1 yr 3 mo.
    • Sold at 128,000 miles.
  • Owner #3
    • Titled in Houston, TX.
    • Owned 7 years.
    • Being sold now at 175,000 miles.
If I were to treat this like a job applicant's resume, that seems pretty damn solid. The only thing I can't figure out is why only 2 service records are listed for the first owner given that it was a lease vehicle.

Frequently wrong, but seldom in doubt.
Thunderdonkey is offline  
post #8 of 34 Old 18th May 2017, 03:02 AM Thread Starter
Thunderdonkey
Junior Member, warming up (<31 posts)
 
Thunderdonkey's Avatar
 
Join Date: May 2017
Posts: 18
Thanks: 5
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by 1stoutm5 View Post
Those wheels aren't terrible, just needs some drop and maybe some spacers. Also a few facelift items and it'll shine up like a new penny


Sent from my iPhone using Tapatalk
No spacers for me - the backspacing seems to be okay, so I'd more than likely keep them for track use once I pick up a set of Type 65's.

In terms of facelift, I agree. Short-term it'd just need the headlights polished (glad they're fogged evenly - less chance of an unreported collision) and replace the head unit with something useful. Later model steering wheels seem to be abundantly available as well.
Thunderdonkey is offline  
post #9 of 34 Old 18th May 2017, 03:39 AM
clinton
Member, Sport: Off DSC: On (>50 posts)
 
clinton's Avatar
 
Join Date: Nov 2015
Location: In Knoxville TN at the moment
Posts: 58
Thanks: 7
Thanked 7 Times in 6 Posts
Garage
If it's of any help to you I can run an Autocheck report for you if you send me the vin. If you want let me know your email if you don't want to post up the vin on here.

2000 M5 Alpine White / Black
Dinan Stage 2 Software - Dinan exhaust- Dinan Stage 3 Suspension
Beastpower brackets & Li SS adjustable links
Stoptech ST40 & SS lines - Dinan 18" Wheels - MRG Ti Stud conversion
ECS Billet Dipstick & magnetic drain plugs
clinton is offline  
The Following User Says Thank You to clinton For This Useful Post:
Thunderdonkey (18th May 2017)
post #10 of 34 Old 18th May 2017, 03:42 AM Thread Starter
Thunderdonkey
Junior Member, warming up (<31 posts)
 
Thunderdonkey's Avatar
 
Join Date: May 2017
Posts: 18
Thanks: 5
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by clinton View Post
If it's of any help to you I can run an Autocheck report for you if you send me the vin. If you want let me know your email if you don't want to post up the vin on here.
Thanks a ton - fortunately, I've got the full Carfax handy. Should be comprehensive unless Autocheck covers something additional?

Frequently wrong, but seldom in doubt.
Thunderdonkey is offline  
Reply

Bookmarks

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the BMW M5 Forum and M6 Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes Rate This Thread
Linear Mode Linear Mode
Rate This Thread:



Similar Threads
Thread Thread Starter Forum Replies Last Post
E39 Want to buy: *BUYING* 2000-2003 e39 M5 *BUYING* Carg Cars For Sale or Wanted 3 8th October 2015 02:24 AM
E39 For Sale: 2000 BMW M5 - Euro-spec - 174k miles - Excellent Condition - $9500 firm - Charleston, SC absolutegtr Cars For Sale or Wanted 11 19th November 2013 10:29 PM
Advice on buying a 2000 E39 M5 atotten E39 M5 and E52 Z8 Discussion 18 16th June 2008 05:31 PM
Advice buying an M5 E39? Rompa E39 M5 and E52 Z8 Discussion 14 22nd July 2007 12:01 AM
Advice on buying 2000 M5 with 80k miles? Rated///M E39 M5 and E52 Z8 Discussion 34 28th November 2006 04:40 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome