Is this guy crazy with this price... - BMW M5 Forum and M6 Forums
E39 M5 and E52 Z8 Discussion 1998-2003 Advertiser's Forum

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post #1 of 69 Old 17th January 2012, 12:33 AM Thread Starter
badabing
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Is this guy crazy with this price...

I know he has a reputation for pricing cars high, but over $40K for a 2003 M5?

2003 BMW M5, $40,990 - Cars.com


What do you think?

Last edited by badabing; 17th January 2012 at 08:40 PM. Reason: spelling
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post #2 of 69 Old 17th January 2012, 12:35 AM
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THAT CAR WAS FOR SALE WHEN I BOUGHT MINE IT WAS 24,900!!! what the hell? they nearly doubled the price??

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post #3 of 69 Old 17th January 2012, 12:49 AM Thread Starter
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THAT CAR WAS FOR SALE WHEN I BOUGHT MINE IT WAS 24,900!!! what the hell? they nearly doubled the price??
Did you buy from EAG?
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post #4 of 69 Old 17th January 2012, 01:18 AM
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post #5 of 69 Old 17th January 2012, 01:22 AM
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There are only a handful of E39 M5s out there with under 20,000 miles on them. It's all supply and demand. We just had a 2001 24,000 mile M5 sell at $34,900 across the river in November.
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post #6 of 69 Old 17th January 2012, 01:52 AM
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The saying is linked to PT Barnum but I don't think he said it...... "There's a sucker born every minute."

Throw a number out there and see if someone will pay it.


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post #7 of 69 Old 17th January 2012, 02:46 AM
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Those EA guys try to make about 10k++ off every M5 they sell from what I see and apparently they are successful at it. New arrivals quite frequently.
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post #8 of 69 Old 17th January 2012, 02:49 AM
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post #9 of 69 Old 17th January 2012, 03:21 AM
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Quote:
Originally Posted by M5ForEver View Post
There are only a handful of E39 M5s out there with under 20,000 miles on them. It's all supply and demand. We just had a 2001 24,000 mile M5 sell at $34,900 across the river in November.
This.

Isn't the free market a wonderful thing? Too bad BMW doesn't make the E39 M5 anymore. With a decent set of OE factory headers and some other minor improvements, there may well be a market (not that I'm biased or anything!).

Kevin

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post #10 of 69 Old 17th January 2012, 03:33 AM
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I'd try to do the same if I was a commercial seller with a good condition low mileage ///M5. That's the point right, try to make as much money possible. Now the thing is if there is the "right" buyer for the price out there...

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