E60 M5 - only $55,000 - Int Blue / Full Perf Black / Alum - The Unofficial BMW M5 Messageboard (m5board.com)

JamesInLV · 7th September 2008, 04:47

Alright...the M5 resale market is officially so bad that you can not pretty much get a loaded M5 for the price of a loaded used 550i. Great for you! I have lowered my price to $55,000 on my immaculately cared for M5. This is my "second child" (my wife's take on it).

Tons of pictures and details at www.wedewer.com/m5 I'll update the pricing there as soon as I can log into my server.

Mileage: just under 25,000 at time of posting - less than 1k/mo.
Options: Black perforated merino leather, ventilated seats, M Multi-function seats, fold-down rear seats, comfort access, Heads-up display (HUD), rear sunshades, aluminum trim.

Upgrades: K&N intakes (also have stock airboxes), Dinan FRC and rear sway bar, EvoSport Pulley kit, Solaris silver bulb kit, aluminum custom pedals, Umnitza Predator ICE angel eye bulbs.

At this time, I am willing to work with someone on the inclusion or exclusion of the RAC Monolites wheels/tires. The stocks wheels/tires are on the car now, and have probably 30-40% wear left. The RAC Monolites have only 2000 miles on brand new Toyo T1R tires. If you want the RACs, or both sets of wheels/tires, make your offer accordingly. Understand that the RACs are $4500 wheels, which $1800 in almost brand new tires, so offer accordingly (for reference, I have been offering the RACs with tires for $4000 + shipping).

Car has been meticulously cared for, with Zaino products gracing this Beast since day 1 along with a few other nice car care products for various interior and exterior points.

This Beast was built in April 2006 just for me

Yes, I had a few transmission cogs early on, but nothing that left me stranded like some (Ashok) and the sensor recall and software update took care of that...haven't had one since.

Also, as a private party seller, Nevada does not charge any sales tax to buyers here. You may or may not have to pay sales tax to your state if you buy from me, but if you are a Nevada resident, a resident in another state with no sales tax, or you have a similar used-car purchase provision as Nevada, there is no sales tax from me! Save yourself a few thousand dollars compared to dealers, AND get the complete and full history on the car you're buying. Trust me, that will be valuable when you go to sell the car as a second owner too.

PM me for details, phone number, etc.

CBarton · 9th September 2008, 21:31

Bump for a GREAT deal and a heck of a nice guy.......

JamesInLV · 14th September 2008, 21:08

bump. Really? Only one person PM'ed me with any interest? Wow. What are people buying these days? Or just not buying at all? Amazing how people are still buying these things new considering the great resale market for buyers.

CaliJames · 15th September 2008, 01:45

Quote:

Originally Posted by JamesInLV

bump. Really? Only one person PM'ed me with any interest? Wow. What are people buying these days? Or just not buying at all? Amazing how people are still buying these things new considering the great resale market for buyers.

If you really want to sell it you need to price yourself below market. My opinion is to price it at $50k or less. Otherwise you will forever be behind the curve with your price reductions and still not sell the car.

FYI, 2007's are now selling in the $50's and plenty of 2006's are selling in the high $40's. I tried selling my 2007 M5 recently and the highest soft offer I received was $54k, so I will just keep it.

Good luck on the sale

JamesInLV · 15th September 2008, 01:58

Dealers offering $47-49k, plus I get a sales tax incentive, so it seems that California cars are going cheap compared to even Nevada if that's where they are actually selling. High auction value comes up at $47-49k as well.

Alin10123 · 29th September 2008, 02:51

Ditto,
I'm not trying to burst your bubble, but i've seen the same year and mileage M5's go for around $47k and that was only the asking price. Not sure if they actually got that amount though.

JamesInLV · 15th October 2008, 01:58

...

JamesInLV · 23rd October 2008, 22:10

Boing...

Willing to take $50k before the end of the month, and only $3k more for the RAC wheels included ($3500 firm for the RACs separately).

JamesInLV · 4th November 2008, 00:40

still going...