i agree that when shopping for an m5, most were priced higher than the KBB market prices. Then I realized, the m5 is an enthusiast car, if you cannot accept that, you will not be happy with the asking price of any M5 that has been *well taken care of*. Are you shopping for an e60?I can't offer any assistance, but I have pondered the same question for the opposite reason. I am in the market to buy a low-ish mile LCI e60 m5 and am noticing that the asking prices in the for sale section are well north of KBB "excellent condition" private party sale prices. In my experience with other cars, KBB is usually on the high side when compared to actual market values. I think Edmunds pricing is usually more accurate, and in this case their pricing is even less than KBB. So are these two sites just way off or are people just dreaming with these asking prices? What are dealers offering for trade-in values on these cars? That info should give a good idea of what can be expected to pay/receive on a private party sale.