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Discussion Starter #1 (Edited by Moderator)
It has taken me a year to admit to myself that I have to part with my beloved car (my third M5 in 18 years....all purchased from other board owners). We will be moving to Minneapolis eventually to be near our kids and if you think I wasnt able to drive much here in central WI there is even less time where Michelin Pilots arent like driving on ice cubes in central MN! So here are the particulars:

Ownership History:
I am the third owner (the lessee on the initial corp lease bought it at the end of the lease). The first two owners lived located in California. They both kept meticulous records and spent quite a bit on maintenance and upgrades. I bought the car when the second owner was transferred to Chicago. In rather short order he realized that given the condition of Chicago's roads the car would be beaten to death so he made the ultimate sacrifice...he sold it to me. I bought the car at 101K in 2015 and it now has 111K. IT HAS NEVER SEEN SNOW. I kept it covered and in a building from early November through whenever in April it warmed up enough for the tires not to be dangerous.

Upgrades/Modifications and Replacements:
1. Dinan Stage III Suspension: shocks/struts, f/r sway bars, camber plates
2. Dinan Exhaust
3. Dinan f/r tower braces
4. UUC short shift kit
5. Stoptech ST-40 (4 piston, 355 mm) front brakes
6. Mid-level tint in 04 to avoid sun damage in CA
7. Scosche blue tooth module (currently disconnected)
8. Replaced CD with Intravee II (feel free to look it up if you dont already know what it is/does)
9. BMW bluetooth telephone kit
10. MKIV DVD based navigation computer w/ v32 software
11. ZHP shift knob w/ tri color stitching
12. Nav knobs from the E9X
13. LED lighting interior and license plate
14. E60 windshield washer nozzels (4 streams instead of 2)
15. Hard wiring for Valentine 1 and Passport Escort x50
16. Clutch/flywheel/shifter bushings 75K
17. Fluids (redline) p/s reservoir and hoses, plugs, inspection II service, X5 thrust arm bushings, battery and a few other general maintenance items at 80K (when second owner bought it from the first owner)
18. xenon bulbs,windshield rubber, sway bar bracket, oil separator hoses, horn, all underbody plastic attachments, brake fluid flush at 90K

Current status:
1. No missing pixels, warning lights, abnormal temps, odd noises, carbon build up issues
2. Rear view mirror rebuilt to "as-new"
3. Prior owners changed oil every 4-6K....I have changed it every 4K...it burns zero oil.
4. Front bumper replaced/painted, hood and fenders repainted (not an accident...first owner put clear film on nose of vehicle....in 2002 it was probably "state of the art" but by 2015 it was an alligatored mess that would come off only with the total removal of it and the underlying paint).
5. Other than changing oil the only things I had to do to the car were to replace the sensor that controls the level of power steering assist and 2 of the "distance sensors" for parking clearance.
6. Front Pilots and reconditioned OEM wheels replaced at 101K....rears Pilots at 104K.

Problems:
1. To my great annoyance the radio has a gremlin. It worked fine for the first few years but one morning all I got was static on FM and could only receive a very strong local AM station. I got another head unit from Clem but nothing changed. I replaced the amplifiers for the antennae with similar results. I even took it to the local Stealer where for many hundreds of dollars they told me they couldnt find the problem. In classic fashion they said they had no way to determine if the head unit was defective and suggested I replace it (of course, if that didnt solve the problem they wouldnt take the new unit back!!!). They also said it "could be" the antennae in the rear window. Even though the Service Manager admitted that they had done a continuity test that showed no problems and even though he admitted that under those circumstances it was difficult to see how it could be the antennae that was causing the problem we ended our "conversation" with him saying essentially "well...if a new radio doesnt do it its almost GOT to be the antennae..doesnt it?". Needless to say, if a new radio and rear window/antennae (at a cost of roughly $1500) didnt do it they wouldnt take them back and then, he said, "I dont know WHAT we would do then...." GRRRRRR
2.Every once in a while the rear drivers side door lock doesnt unlock when I turn the car off. If I cycle the lock with the button all goes back to normal.
3.The front/drivers side piece of plastic under the bumper (the "dog-bone") has a chip out of it (see pic)...I have a replacement for it.

Price:
I have thought alot about this issue. I asked Board Members for input and even talked to the self serving fun folks at BaT. BaT said $30-40K and Board members gave numbers like "easily 25 to 30K". So I'll set the price at 30K. I'll take lower offers but will hold the sale for a while to see if I get my asking price. At that point I'll decide whether or not to go through all the craziness of a BaT auction.

Options:
The second owner had it in his head that he might drive the car in the cold so he bought a set of snow tires (Dunlop SP Winter Sport 235/45R17') mounted on OEM wheels...they are essentially new (the wheels are in good shape but if you are really picky (and are still willing to drive this car in the winter) they will need paint in the next few seasons...I can add a pic if someone wants one but I was limited to 10 pics in this initial post)
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IMG_20200709_065050.jpg
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). If I get my asking price I will throw them in with the deal. Otherwise, I'll just list them on the Board. From what I can tell they would bring $1000-1500.
Also, I have an ODB reader as well as the unit to reset the ABS. I've probably got a few other assorted things lying around (pretty sure I have a CD unit)....all will be handled like the snow tires.

I apologize for the amateur quality of the pictures. If anyone needs any additional pics or information feel free to post or PM me.....
 

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Great looking car! GLWS!
 

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Discussion Starter #3
Many thanks...
In reading other postings I see that M-Audio and split fold down seats are something I should have listed for this car as it certainly has them...my error! I thought they came on all M5's.....
 

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Discussion Starter #4
Many thanks...
In reading other postings I see that M-Audio and split fold down seats are something I should have listed for this car as it certainly has them...my error! I thought they came on all M5's.....
I had someone contact me to ask if it had a glass sunroof....I thought all the E39's came with one but just in case (and given that I suppose one cant see it in the pictures)...it does!
 

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With all due respect, you're way off the mark on pricing. The cars in the USD30-40k range all have ~60K miles.
You can use the BaT past sales tracker to get a better idea on what the market is: E39 M5

eg comps for your car:
 

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Discussion Starter #7
With all due respect, you're way off the mark on pricing. The cars in the USD30-40k range all have ~60K miles.
You can use the BaT past sales tracker to get a better idea on what the market is: E39 M5

eg comps for your car:
Thanks for the feedback. I took a look at your comps and the E39's that have sold on Bat this year. While I would be the first to agree that "every car is different" it appears that values are all over the place (three sold with between 106K and 157K in the 22,000 range with one a year older than mine with Dinan S2 like mine and 80K selling for $31,700. This crazy variability is why I went to this Board first for "value" input.
But I take your point.....at this stage I'll be happy to entertain offers rather than fix a price.
Stay safe!
 

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You could also toss it on BaT, usually it takes some haggling to have a reserve put on it, but I've had great experience there. Cars with huge books of maintenance history tend to do really well.
 

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Discussion Starter #9
thanks....I have it on ebay right now but may well take your advice if it doesnt sell....I'm still hoping for a board member as then I'll know it will go to a good home
 

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I was the high bidder :) of course didn't meet the reserve. She is a beaut! Best of luck with the sale!
 

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Discussion Starter #13
thanks...its back on ebay (which I really hate doing but I also dont want to have to put this poor thing back in storage for the winter)
 

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Discussion Starter #15
You could also toss it on BaT, usually it takes some haggling to have a reserve put on it, but I've had great experience there. Cars with huge books of maintenance history tend to do really well.
say....I realize every car is different...but did you see the BaT auction for a white 02 with 88K....$36750...crazy days!
 

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say....I realize every car is different...but did you see the BaT auction for a white 02 with 88K....$36750...crazy days!
I did, I remind my wife everytime I see that kind of sale that I should have bought my M5 4-5 years ago like I had wanted.
 

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Discussion Starter #17
Before it goes back on ebay...anyone interested at my reserve of $20K? Had a pile of folks who liked to ask questions and seven said they wanted it but...when it was time to put up or shut up....radio silence. Gets a bit boring but I guess it comes with the territory.
Stay safe everyone!
 

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Discussion Starter #18
well.....that didnt take long...car is sold...thanks to all for the help and nice comments
 
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