Worth it? What is a fair price for this car? - Page 2 - BMW M5 Forum and M6 Forums
E39 5 series Forum Dedicated to the E39 5 series.

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
post #11 of 15 Old 27th January 2017, 04:02 PM
dinkman
Member, Sport: Off DSC: On (>50 posts)
 
Join Date: Jun 2015
Posts: 51
Thanks: 2
Thanked 3 Times in 3 Posts
dinkman is offline  
Sponsored Links
Advertisement
 
post #12 of 15 Old 17th February 2017, 10:23 PM
moldovan
Member, Sport: Off DSC: On (>50 posts)
 
moldovan's Avatar
 
Join Date: Jan 2017
Location: Champaign, IL
Posts: 96
Thanks: 3
Thanked 0 Times in 0 Posts
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.
moldovan is offline  
post #13 of 15 Old 18th February 2017, 02:30 PM
stickey
Member, Sport: On DSC: On (>100 posts)
 
stickey's Avatar
 
Join Date: Dec 2016
Posts: 129
Thanks: 7
Thanked 4 Times in 4 Posts
Garage
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
stickey is offline  
 
post #14 of 15 Old 22nd February 2017, 06:46 PM
jskylarwilson
Member, Sport: Off DSC: On (>50 posts)
 
jskylarwilson's Avatar
 
Join Date: Aug 2016
Location: Salt Lake City, UT
Age: 33
Posts: 50
Thanks: 6
Thanked 1 Time in 1 Post
Garage
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
jskylarwilson is offline  
post #15 of 15 Old 1st May 2018, 06:16 PM
Eon
Member, Sport: Off DSC: On (>50 posts)
 
Eon's Avatar
 
Join Date: Nov 2017
Location: Idaho
Posts: 51
Thanks: 15
Thanked 3 Times in 3 Posts
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.
Eon is offline  
Reply

Bookmarks

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the BMW M5 Forum and M6 Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes Rate This Thread
Linear Mode Linear Mode
Rate This Thread:



Similar Threads
Thread Thread Starter Forum Replies Last Post
How do mods factor into price when buying a car - whats fair? SFTitanium5 E63 BMW M6 Forum and BMW M6 Convertible | m6board.com 8 22nd August 2013 08:54 PM
What is a fair selling price on this car? KingJaffeJoffer E39 M5 and E52 Z8 Discussion 19 9th August 2010 06:29 AM
What is a fair price for this car? SACM5 E39 M5 and E52 Z8 Discussion 37 30th October 2007 02:22 AM
Fair price for this car tws_andrew E39 M5 and E52 Z8 Discussion 4 10th July 2005 08:27 AM
Fair price recommendation for this car tws_andrew E39 M5 and E52 Z8 Discussion 12 27th June 2005 11:23 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome