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"A BMW M5 belonging to none other than 2009 Formula One World Champion, Jenson Button, was amongst a collection of high-profile and extremely rare cars that were sold by specialist automotive auctioneers Coys on Saturday 15 January during Autosport International 2011, held at Birmingham’s NEC.

The white supersaloon went under the hammer with the private plate JB05 BAR, referring to Jenson Button’s 2005 season at British American Racing, the team that became Honda, then BrawnGP and, most-recently, Mercedes GP Petronas.

The car has found a good home in Aberystwyth with self-confessed BMW fanatic, David Frith. It joins his already-impressive collection of cars from the Bavarian marque, which includes an M3, an X6 and a 6-Series.

Incredibly, David had no plans to buy the car and had simply come to motorsport show Autosport International for a day out, but having spotted the V10-powered 500bhp monster on the Coys stand, he knew he had to have it!

Speaking this week, David said: “It took me six hours to get to Birmingham to collect the car, but it was worth it! I spent all day Tuesday cleaning it and getting it looking perfect, and I’ve taken it out on my local roads now too. It’s an amazing car, but I haven’t dared to touch the M Button, which gives you access to the full 500bhp, because it’s so fast without it!

“The reaction to the car has been incredible: everyone is interested in seeing a car that was owned by a Formula One World Champion! When I went to get it taxed, they let me keep the original V5 as a souvenir, and my local BMW dealer even wants to use it for a sales promotion. It’s safe to say that I got a bit more than I bargained for with this car!

“Even though this is the fourth BMW in my collection, it’s the only one my wife hasn’t moaned about! We’re both big F1 fans, and she’s a Jenson Button fan, so I think she’s really happy to have a bit of racing history in our garage.”

Also for sale at the auction was an ex-Colin McRae Ford Focus WRC, an ex-Surtees Lotus 18 as well as several other road cars, including a low-mileage XJ220, a Gemballa GTR600 and one of the most controversial cars ever to grace Britain’s road network, the Lotus Carlton."
 

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I'm not a car collector so maybe I don't understand fully, but I hope he didn't pay much more than a standard used M5. Just because some celebrity planted thier butt in it for a year or two doesn't make it any different that any other preowned car.

But then again, some people pay $1M for a baseball card. Of course the baseball card might be rare, so maybe it's not a fair comparison...
 

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I'm not a car collector so maybe I don't understand fully, but I hope he didn't pay much more than a standard used M5. Just because some celebrity planted thier butt in it for a year or two doesn't make it any different that any other preowned car.

But then again, some people pay $1M for a baseball card. Of course the baseball card might be rare, so maybe it's not a fair comparison...
a better comparison might be schumacher's benetton vs. the season opener chassis:

Michael Schumacher's 1994 title-winning Benetton for sale on eBay | Sport | guardian.co.uk

mark webber had an e39 and it sold recently

http://www.m5board.com/vbulletin/e39-m5-e52-z8-discussion/125070-famous-celeberty-m5s.html

dunno if montoya owned an e39, but they had him mess around with 2 that i know off - a carbon black/jet black and a silverstone
 

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a better comparison might be schumacher's benetton vs. the season opener chassis:

Michael Schumacher's 1994 title-winning Benetton for sale on eBay | Sport | guardian.co.uk

mark webber had an e39 and it sold recently

http://www.m5board.com/vbulletin/e39-m5-e52-z8-discussion/125070-famous-celeberty-m5s.html

dunno if montoya owned an e39, but they had him mess around with 2 that i know off - a carbon black/jet black and a silverstone

If Jenson Button was selling his actual Formula 1 car that he drove in the races then that would be certainly something worth aquiring, a "part of racing history" as was stated in the article. However, I am sure it would be significantly more money than the M5. :)
 

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It sold for £30475 with just 12000 miles on it apparently.

I saw the car in person at the Autosport show and while it looked a reasonable example, it was in need of a good clean!
If the cars is of 2005 vintage then these are current book prices.

The valuations quoted are prices you should aim to pay for a used car, not the advertised price. You should adjust your valuation to allow for extras that were not standard specification.

Retail: £28,872
Private Good: £23,822
Private Average: £20,902
Private Poor: £17,982
Part Exchange: £22,652
Trade: £21,292

Personally I would never consider paying over the odds for the car because of the status of a previous owner.
 

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It sold for £30475 with just 12000 miles on it apparently.

I saw the car in person at the Autosport show and while it looked a reasonable example, it was in need of a good clean!
Me too, I wanted to place a bid for the hell of it, but couldn't make it on the saturday. LOL
 
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