[flaury23]

This vehicle was hit on passenger side as the pictures show. It was repaired at Auto Mark (certified bmw shop) in Farmington, Michigan. What would be the max you would pay for this vehicle. $30K?

It has HUD, comfort access, and active seats.

The hood was not damaged it is just opened, however the pillar was replaced.

My budget for an 06 is the upper 30's. I am leaning towards purchasing a member's car but wanted to get you guys opinion.

Here is a link of the repaired vehicle: Vehicle Photo: 2006 BMW M5

 

[Feld1128]

If it is repaired properly and discounted for diminished value go for it. The way to check this type of repair is a leak test and wind noise test. The leak test can be done with a pressure washer and the wind test at highway speeds. Have the repair shop guarantee the repair work in writing on top of that. Also check that the interior trim pieces have no stress marks especially at the sills and pillar.

 

[sanchezdds]

Beautiful car. Its a personal preference. I wouldn't buy the car.

 

[SunnyD]

Uhh 30k seems way too high for this car. I picked my 06 up with 33k miles on it for 38k and had no accidents. It would have to be significantly less than 30k for me to consider it.

 

[flaury23]

Good Advice SunnyD, so what price do you guys think i should offer?

 

[shezmon]

should not be more than 23K cuz for 10 g's more you can have an accident free one...

 

[psguy]

I wouldn't buy it either. The biggest concern you need to look out for is any SMG issues. These were prevalent on 06 models. You will be taking a risk buying an M5 for 30k, especially one that has been in a major wreck. You get what you pay for.....

You definitely need some type of extended warranty with whatever choice you make. Since you are in Charlotte I just bought a hendrick autoguard that is the exact same as the BMW platinum extended warranty for 3880.00

Sorry if I got off topic.

 

[flaury23]

Great Advice Guys! i decided to pass on it.......can you believe he wouldn't budge under 35K! He said he had two offers for that amount. So the search continues...................

 

[AFC1]

I wouldn't buy it...get one with no accident history, maybe slightly higher mileage, and an aftermarket warranty for somewhere in the mid to high $30k range.



afc1
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[BMACK1]

I would pass on it as well. 35k is way to much for that car. I got my 06 with 26,000 miles for 39K with clean carfax & autocheck. Good
luck with your search.

 

[Stormster]

$22k I'd buy it for the spares if nothing else! Could be a good supercharger project!

 

[BMWM5Driver]

Just continue to shop for a unwrecked car. I would not buy it

 

[snowmants]

Looking at the carfax on that car it appears that after the accident and repair he has only driven the car approximately 500-700 miles and is now selling it. Bad sign if you ask me. I would be much more likely to buy one that had meen wrecked at 5k miles and then driven another 15k by the same owner. Just my opinion.

 

[06ggm5]

i wouldn't even consider it....

 

[BMWPower06]

airbags deployed would be a deal breaker for me, you'd never know for certain if the body shop installed the new airbags properly...

ps- my 06 indy red M5 is for sale, PM me if you are interested

 

[Ahmed]

There are so many M5's available, unless you are getting a ridiculously great offer, why buy a damaged one?

 

[ykjones]

I wouldn't buy it either not even if the price were in the 20's. You'll have a much better piece of mind of finding one that hasn't been in a accident, air bags haven't been deployed, etc.

 

[Hasan Shaikh]

There are so many M5's available, unless you are getting a ridiculously great offer, why buy a damaged one?

+ 1

 

[snowmants]

airbags deployed would be a deal breaker for me, you'd never know for certain if the body shop installed the new airbags properly...

ps- my 06 indy red M5 is for sale, PM me if you are interested

Do you have any details. I can't PM yet as I dont have 45 posts...I think I am at like 32 posts...

 

[BMWPower06]

Do you have any details. I can't PM yet as I dont have 45 posts...I think I am at like 32 posts...

Here you go:
2006 BMW M5, $44,000 - Cars.com