Should I hang on to my E39 M5

Should I hang on to my E39 M5

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Discussion

fatmansv8

Original Poster:

141 posts

137 months

Thursday 18th September 2014
quotequote all
Hello everyone. Just wondering if prices are on the rise for E39 M5's. The reason I ask is I'm considering selling my E39 M5 it's currently being repaired. The thermostat and coolant temperature sensor switch is being replaced,also all the diff seals are being replaced and rocker cover gaskets are being replaced. I've got the itch to buy a E60 M5. Or should I just hang on to my E39 as some sort of classic investment of the future. I took the car last week to a garage selling a E60 M5 to offer as a px to be honest I was unsure what to ask for mine and he was unsure as what to offer for mine. What should I be asking for mine a 2001 Le Mans blue with 122,000 full service history. If the itch gets strong enough I may have to advertise with pistonheads but if it is a increasing asset well who knows?
Thanks everyone Fatmansv8

fatmansv8

Original Poster:

141 posts

137 months

Thursday 18th September 2014
quotequote all
Hi Simon yes I agree but I have 2 daughters so 2 investments needed lol.Your sat nav is still going strong. Hope you are well looks like your enjoying your E60 M5.
FatmansV8

fatmansv8

Original Poster:

141 posts

137 months

Thursday 18th September 2014
quotequote all
Rb5r half of £9000 don't think it would go for that surely. The car's in excellent condition bar 2 rust bubbles all stamped history, unmarked interior. If however it is appreciating at the rate of 1k per year it may well be worth hanging on to. The salesman did offer £6500 in the end to get the deal done. I had to pull out because my kids didn't like the brown/bronzey colour. Many thanks for your replies guy's
Fatmansv8

fatmansv8

Original Poster:

141 posts

137 months

Friday 19th September 2014
quotequote all
It's definitely a difficult decision .I do want that V10 anybody wanting a E39 M5 2001 facelift in Le Mans blue drop me a email. I'll advertise on pistonheads in a week or so when the repairs are done and tested. In the meantime thanks for all your input.
Thanks Fatmansv8

fatmansv8

Original Poster:

141 posts

137 months

Saturday 20th September 2014
quotequote all
I agree angry dog a well maintained M5 even with high mileage will always be a class apart from regular car's.
No word of a lie my particular M5 has or does not lose any oil at all. After the inspection 2 service last year the oil level has stayed exactly where it was in fact I have never had to top up ever even before the service. Whereas my Lancia Intergale evo 1 loves oil and the wife's car a 2010 Punto is requiring top up every fortnight both have only 40,000 on the clock.
Thanks Fatmansv8

fatmansv8

Original Poster:

141 posts

137 months

Saturday 20th September 2014
quotequote all
Seems like a uncertain market in term's of valuation for these E39 M5's. Some say £4500 other's say £8000 and some even say £9000 to £10000 at this mileage pick a price range and hope you get it seems to be the best option. I'm advertising next on pistonheads let's see what happens. Thanks
Fatmansv8