Worth it? What is a fair price for this car? - Page 2 - BMW M5 Forum and M6 Forums
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post #11 of 15 Old 27th January 2017, 04:02 PM
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post #12 of 15 Old 17th February 2017, 10:23 PM
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Interesting to see what people here think about the KBB values... I disagree with the KBB on this.

If using KBB values is a buying strategy, that will either help you or make the seller no want to deal with you, I've been on both sides.

But the deal doesn't seem that great, there are so many E39 M5's under $15k with 100-150k miles. I have one for sale myself.
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post #13 of 15 Old 18th February 2017, 02:30 PM
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KBB is a useful starting point, but it's not the end-all answer. I just sold an Acura TL. KBB indicated $7k for the mileage, but I was seeing similar cars going for $10k on forums. KBB didn't price in the timing belt replace, new tires, the rarity of the manual, and the Type-S package very well. Sold it for well above KBB to someone who had looked for that car, with the MT, for a long time. He could wrench on it, so I felt good giving him a deal, and he made it easy for me to sell it to him (wasn't a PITA). Given that the e39 M5 is similar in many regards (rare sub-model of a somewhat common, but older car, enthusiast drive, maintenance intensive)... I would only use KBB as a starting point. And it's also probably the floor of your pricing. Do a search on forums, online sales sites, and then put up what you think is a good price. Potential bidders will let you know what they think it's worth.

If I look up 2000 M5 with 108k, then I overpayed for my m5 by a lot. What it doesn't know is that I was able to talk with 3 of the 4 owners, one of the owners maintained it for 10 years (owns shop), and he could tell me exactly what had been done, when and what needed to done. The other guys were helpful in filling in blanks. And it's a Dinan S2.

2000 E39 M5 Dinan S2, Estoril Blue
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post #14 of 15 Old 22nd February 2017, 06:46 PM
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Seller descriptions tell me a lot about a car. When they assure you that it's in great condition, pulls, has no problems, etc., there either were recent problems that were just fixed, or it has problems that keep coming back. I don't like the tone of the description, but that's just my opinion.

2000 BMW M5 - Carbon Black (project)
2015 Porsche Macan - Dark Blue
2014 Audi S4 - Mythos Black metallic
2010 Ducati Streetfighter - Red (for sale)
1996 Porsche 911 C4S - Midnight Blue
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post #15 of 15 Old 1st May 2018, 06:16 PM
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The thing to be aware of is that E39 M5s are consistently underpriced by KBB. A well kept one will easily fetch much more than KBB says because enthusaists know how much the cars are worth. I'm certainly not an expert on purchasing but I figured I would throw in that little tidbit.
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