20k E60 M5 depreciation.
Discussion
Chaps,
Ive been after an E60 for a while but dont want to sell my M3.
Ive been watching E60 M5 prices plummet for the past 2 years.
Rekon if i bought a 15-20k M5 and kept it in good condition it would hold its value somewhat? It seems the low end M5s have plateaued around the £15k mark.Just to enjoy for 6months to a year.
I suppose the big problem is no warranty over 60k miles will have the biggest impact on values given the clutch/gearbox issues?
Cheers
Chris
Ive been after an E60 for a while but dont want to sell my M3.
Ive been watching E60 M5 prices plummet for the past 2 years.
Rekon if i bought a 15-20k M5 and kept it in good condition it would hold its value somewhat? It seems the low end M5s have plateaued around the £15k mark.Just to enjoy for 6months to a year.
I suppose the big problem is no warranty over 60k miles will have the biggest impact on values given the clutch/gearbox issues?
Cheers
Chris
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