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Discussion Starter #1
The time has come for me to admit that I can no longer deal with my beloved E39. We will be moving closer to kids in the near future and there is no way I can justify 4 vehicles. So I hope to find a Board Member who will love her as I have for the 5 years I have owned her but I have no feel for what to ask and hope I can get some thoughts from you folks.
She is a Carbon Black with black interior. 111,000 miles and an 04/02 build date. I'd give the exterior an 8.5 (I drove her in the summer only on rural roads so she has a few rock chips...I did replace the front bumper and repainted it, the hood and fenders about 5K miles ago because of chips and the need to remove a clear covering that the first owner put on which could not be removed w/o sanding it off!). The interior would probably warrant a 9 and mechanicals would be a 9+. I have a pile of records from the first two owners.
The only thing that isnt fully functional and/or in good shape is the radio....for some reason I have lost the ability to receive anything other than very strong AM signals. I have replaced the signal amps and swapped out tuner units to no avail. My local "stealer" charged me $200 and said they would first replace the head unit (but if that didnt work I still had to pay for it). After that they said new rear glass and antennae "might" help!?! When I asked why they couldnt just run a continuity test on the antennae (which I had already done with no apparent problem showing up!) I got a bunch of dealer mumbo jumbo!
I am the third owner (plus a 2 year initial corp lease)...the car spent it's life in CA and I bought it from her second owner who had been transferred to Chicago and couldnt bear to see her beaten to pieces on Chicago roads. He did a host of preventive maintenance (fluids, plugs, hoses, thrust bearings, battery and some other small stuff. Clutch/flywheel/shifter bearings done at 75K. Other than oil/filter changes and a few little sensor replacements I have had to do nothing to the car. New front Pilots at 101K, rears shortly thereafter.
Aftermarket ad ons are Dinan Stage II suspension, Dinan exhaust, Dinan F/R tower braces, UCC short shifter, high end mid-level tint, Stoptech ST-40 (4 piston, 355mm) front brakes, MKIV DVD-based Nav, Intravee II (in place of CD changer), new rear view mirror, hard wiring for Valentine I and Passport Escort x50 (I never used either), Dinan Stage I software (but currently set to 91 rather than 93 octane).
If folks have any suggestions for other info I should include (in addition to a stack of pictures) I'd appreciate the input. Otherwise.....what should I be asking. I am in Central WI if that impacts one way or another.

Many thanks in advance to any of you who take the time to respond!
 

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Biggest thing you have going against you is a good portion of life in the rust belt, so my recommendation would be to thoroughly check the car for any rust, address if necessary, and then try to highlight any lack thereof. I agree that as describe +/-$25k sounds about right, but if it were ME shopping, I'd be looking much harder at $25k Southern/Western cars than one in the IL/WI area, so you'll want to find ways to work around that deterence.
 

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Discussion Starter #4
Thanks for the feedback. By way of clarification.......the car spent 15 of its years in CA, a few months in the summer of 2015 in Chicago and the last 5 years in WI where it sat covered in a shed from October to well after all snow was gone the following spring each year. I am not aware of any rust at all.
 

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Well that'll help your case for sure. I guess I'm just saying, post good pictures to really help convey that. I'm assuming a fair amount of the E39M5 market is indeed non-local, so you'll be working to convince an interested buyer it's worth making the trip to WI to check out your car, rather than one listed in CA. In such cases, it's my belief that a 'warm-n-fuzzy' from the seller that he really KNOWS his car, has taken proper care of it properly, and is accurately representing all that makes a bigger difference than a few thousand difference in either selling price or mileage.
 

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Those are all positive mods. Jet black with some Dinan bits just sold on BaT. Fewer miles with 80K. You can also check all the historical E39 M5 sales to get an idea. GL!

 

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Easily 25-30k based on what you've described!
 

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Post up some pics btw!
 

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An 03 Imola with 100k miles recently sold at BaT for $49k cahones. I guess Ill be keeping mine for a while.
 

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This thread peaks my interest as I have also considered selling my M5 many times. I have a feeling I could fetch more dough than I anticipated based off the replies in this thread.
What I have is..
3rd owner, 2003 M5 with 118k miles
Stacks of receipts with maintenance, basically all preventative maintenance is done.
Mods- KW 1 coils, Evolve headers, Eisenmann Race catback, e60 ssk, Dinan rear sway, slotted rotors, SS brake lines, Dinan replica radio knobs, cubic trim, zcp knob and Dice MediaBridge.
All stock parts are on hand.
Mechanically the car is perfect, but cosmetically it could use a refresh. Front bumper is cracked across the middle, some paint chips on the hood, all four wheels have curb rash, black pillar trim could use a paint touch up along with the roof rails need paint touch-up. Interior- center console plastic crumbled, pixels on the navigation have gone out and the center trim around the shifter is starting to lift.

If the above description could fetch me more money then I may just hold onto it for a bit longer.
 

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Discussion Starter #13
Thanks to all for the input. On a whim I called the fun folks at BaT. It took a while (and I am under no illusions that much of what they said was probably self-serving since they obviously wanted the listing)but I ultimately got them to tell me that a $30-$40,000 range was reasonable. I think I’ll post it for a little less than that on the board and see if I can get someone who will love this car like I do to take it before I go down the auction route!
 
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