The short version:
Great running car with complete and reliable history and an owner who has taken great care.
Worth: $28,000 (priceless really)
From KBB Private Sale:
Condition Value
Excellent $29,985
Good $28,440
Fair $26,270
Has many small rock chips...I live in CO where gravel is used a lot.
-$1000
This is based on a quote to completely sand down and respray the front bumper and hood. It is really a cosmetic issue. If you have the money go buy a mint condition...if you are struggling to fit an M5 in your budget this is a great opportunity as there are no major visual flaws - just lots of little ones that are hard to see from a few feet away.
It needs new front tires because of shoulder wear...center tread is fine. Yes, too much high speed cornering and too little tire pressure.
-$500
That get's me to $26,500. I really don't want to drag this out. I'm already in Europe now so either I box it up and bring it with me or sell it. I really don't mind bringing it with me as that has some obvious advantages too despite the cost. This gets me to:
-$2000
Sale price: $24,500
The absolute minimum I'm willing to take to part with it. Don't even ask less.
I've had a couple nibbles but just wanted to clarify...I would be suspicious of this as the asking price personally so I thought I needed to better explain.
Now the long story....
Maggie's story:
Maggie was purchased on the European delivery program by a wealthy land developer and driven to his house in France where she was kept for the first 6 months. Later she was shipped home to his 18,000 square foot home in the Broadmoor to join his stable of 6 other BMW's including a Z8.
The car was kept in excellent condition with all service performed at Winslow BMW and all service records available.
After I acquired the car last April I immediately changed the spark plugs, valve cover gasket, micro filters, air filters and had the clutch replaced. The valve cover leak is a pretty common problem in these cars. I have also had all fluids replaced in the transmission, differential, power steering and engine oil.
The service I had done was performed by Mondino Imports in Colorado Springs - they were consistently about 1/3 less than the dealer's quote for service. Whenever you visit the Mondino shop you are treated to Ferraris, lotuses, Maseratis, etc...they know high performance European cars and did excellent work.
She was mostly stock when I got her except for an integrated K40 radar detector system. I have added the DICE iPod interface and the factory BMW Bluetooth system...this alone cost me $800...I wasn't planning to sell her at the time.
In the warmer months she would get washed every Saturday morning with regular wax touch ups and baby wipes to keep the engine nice and clean. The first weekend of the month after the wash she would get a complete system check including tread depth, oil level, power steering level, air filter check and cleaning, etc. My kids complain that I spend more time with her than them. BTW - she burns no oil at all during normal use. The only time she used oil was during a Colorado M drive. I added 3/4 of a quart after that and that is all I have had to put in.
Currently she has 63k miles on her and the drive puts a smile on your face every damn time. A colleague in my office got so sick of me having all the fun that he bought his own a few months back. We both agree that it adds joy to our lives every day we drive them.
I drove her all winter long with a set of winter tires mounted on a separate set of rims which you can have as part of the deal if you are interested. They worked like a champ. This is my daily driver so I can vouch for her ability to handle the snow and ice.
I was hoping to keep her until she died of old age which should be somewhere over 200k miles but I have decided to move to for work. They tax vehicles based on the engine size here and insurance goes up with horsepower. The roads here are also incredibly narrow and suited only to the funny European micro cars...I had my first accident in 20 years over here recently...it was very minor. With the cost of fuel over here and all the other factors I just made the decision to sell her.
She is a MY2000 and was manufactured 6/2000.