and not pressuring you on price at all but i do have a colleague at work that was hoping to buy mine but might still be looking, and is very price sensitive. not sure i can get him off square one but might be worth a try if you decide to move.
Please tell him he's welcome to send me an offer and we can discuss it. There's nothing bad that can happen; the worst that could happen is that we don't come to an agreement on the price and the deal doesn't go through. No biggie.
__________________
Ben
2000 Estoril Blue M Coupe [Garage Queen]
2000 Biarritz Blue 528i Touring [Hauler]
1989 Alpine White S50 325i [Fun Machine]
2002 Chevy Silverado 1500HD [Tow Vehicle]
2008 Interstate 20' Enclosed Trailer [See Above]
1967 MGB GT [Classic]
[????] Various E30 Parts Cars
I've seen the car in person and its flawless. Even if you didn't see the car, in talking to Ben you'll immediately notice the type of owner he is. Bump for a worthwhile M5 for the price. You are seriously getting what you pay for. And plus, its a nice color.
Ben, have you pretty much exhausted all the possible avenues of advertising the car?
Been watching this for a while....everyone here loves M cars, whatever flavor, but we do tend to forget a few things--a high percentage of the folks on this board already have a special car. They think just as highly of theirs as you do yours. Sometimes our emotional attachments keep us from the realities that we all don't like, such as:
It's a 5 year old car that's out of warranty (unless I missed something about one). You can only guide them towards an aftermarket warranty, and if you can find one for a 60k mile M car, it's pretty large $$.
It's still nearly $40k. Yes, that's absolutely top of the market. No surprise, looks like one of the best out there. Not all the money in the world, but not chump change either. The guy that can write a check for this probably wants something more.
That leads me to the fact that obtaining financing for a 5 year old special car is a bit tougher than you might think. I'm not saying you can't get it, just that the terms may not be all that attractive (probably short on months). I know that many guys here don't need financing, but most Americans do. The manufacturers finance arms are offering super aggressive deals on everything now, considering how poor business is. And they are putting pressure on other lenders to leave older used cars behind. Quick math tells me that even at 36 months, these payments are going to be around $1k a month, plus repairs. Then after you finish making them, you'll have a roughly 70k (80k?) mile car that will be worth...???
By comparison, you do need to at least be aware that you can lease a new M5 for a little cash and about 1300/month. With a warranty. And prepaid service. (I know, lots of you would rather have an E39, just don't want to get into that here).
Anyway--just saying that selling a special nearly 40k used car is just a lot harder than it looks. You've got to find that one person that likes what you like, has the means to do it, and enough "want to" to get it done. I know this is tough, been there. You think you might as well drive it, but you're so close to 60k, you'd hate to turn it over. Good luck.
Beautiful car you have. One of my favorite colors. Nice to know there are other neat freaks out there. Also congrats on what sounds like the perfect girlfriend! She'll never say no to a BMW
Hey Ben you do have one special ride there and the car is certainly one of the best on the marker from what I have seen. That said, allenman has some valid points and I would agree with him.
It pains me to see your post every week and the car still up for sale. The way I see it you have two options: reduced price or keep her...
You know if it ain't selling, it's the price. There are too many sectors that have been hit real hard over the past 6 months and being in SoCal is not helping matters (financially speaking).
If at all possible I would hold onto that car, since it doesn't look like it will sell anytime soon (how friggin unfortunate!). I would imagine that just about everyone here on the board knows about it and in the event someone wants to buy a "perfect" used M5 - they will certainly be pointed in your direction.
I (and probably many others here) certainly wish you the best and hope it works out for you.
Cheers
Been watching this for a while....everyone here loves M cars, whatever flavor, but we do tend to forget a few things--a high percentage of the folks on this board already have a special car. They think just as highly of theirs as you do yours. Sometimes our emotional attachments keep us from the realities that we all don't like, such as:
It's a 5 year old car that's out of warranty (unless I missed something about one). You can only guide them towards an aftermarket warranty, and if you can find one for a 60k mile M car, it's pretty large $$.
It's still nearly $40k. Yes, that's absolutely top of the market. No surprise, looks like one of the best out there. Not all the money in the world, but not chump change either. The guy that can write a check for this probably wants something more.
That leads me to the fact that obtaining financing for a 5 year old special car is a bit tougher than you might think. I'm not saying you can't get it, just that the terms may not be all that attractive (probably short on months). I know that many guys here don't need financing, but most Americans do. The manufacturers finance arms are offering super aggressive deals on everything now, considering how poor business is. And they are putting pressure on other lenders to leave older used cars behind. Quick math tells me that even at 36 months, these payments are going to be around $1k a month, plus repairs. Then after you finish making them, you'll have a roughly 70k (80k?) mile car that will be worth...???
By comparison, you do need to at least be aware that you can lease a new M5 for a little cash and about 1300/month. With a warranty. And prepaid service. (I know, lots of you would rather have an E39, just don't want to get into that here).
Anyway--just saying that selling a special nearly 40k used car is just a lot harder than it looks. You've got to find that one person that likes what you like, has the means to do it, and enough "want to" to get it done. I know this is tough, been there. You think you might as well drive it, but you're so close to 60k, you'd hate to turn it over. Good luck.
Well put.I've been looking for an e39 M5 and have watched the prices drop too. It's a buyers market,take your pick.
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