E39 M5 valuation
Discussion
Hi
After much deliberation I've decided it's time to stick my M5 up for sale. Owned by me for over 2.5 years.
Any thoughts on what I should be able to roughly ballpark get for it?
This is not an advert by the way and if I'm breaking any rules asking for a valuation then please delete this post!
1999 E39 M5
Le Mans Blue
83k miles
Tax & MOT
Good tyres, pads etc
Private M5 plate
Full service history mainly dealer up to when I bought it two half years ago. Been serviced by local indy since.
It was one of the most fully specced ones I could find in the UK with with face lift monitor, CD changer, DSP, Phone, Voice control, Sat Nav (mk2 doesn't work), TV (not much use these days), rear blind and side door blinds, tyre monitor, kids booster seats built into rear seat, ski hatch, split folding rear seats, Original fire extinguisher, Medical kit, electric memory seats, sun roof, brushed chrome trim.
Maintenance wise:
New mafs
Vanos seals
Thermostat
Couple of sensors
Bosch battery
Front discs and pads all around.
Tons of receipts and paperwork.
The only non standard things I have had done are:
Hayward and Scott rear system - which sound amazing
Super chipped (software map) - Tightened up the throttle response
Bad bits
General stone chipping - Front offside wheel arch near sill has some bad chipping
Offside rear arch showing signs of surface rust.
Bootlip edge showing some surface rust.
Pixels on dash come and go like most e39 dash boards.
I've owned loads of M3s and and M5s in the past and this M5 is a nice quick example which I will really miss.
Cheers
Mike
After much deliberation I've decided it's time to stick my M5 up for sale. Owned by me for over 2.5 years.
Any thoughts on what I should be able to roughly ballpark get for it?
This is not an advert by the way and if I'm breaking any rules asking for a valuation then please delete this post!
1999 E39 M5
Le Mans Blue
83k miles
Tax & MOT
Good tyres, pads etc
Private M5 plate
Full service history mainly dealer up to when I bought it two half years ago. Been serviced by local indy since.
It was one of the most fully specced ones I could find in the UK with with face lift monitor, CD changer, DSP, Phone, Voice control, Sat Nav (mk2 doesn't work), TV (not much use these days), rear blind and side door blinds, tyre monitor, kids booster seats built into rear seat, ski hatch, split folding rear seats, Original fire extinguisher, Medical kit, electric memory seats, sun roof, brushed chrome trim.
Maintenance wise:
New mafs
Vanos seals
Thermostat
Couple of sensors
Bosch battery
Front discs and pads all around.
Tons of receipts and paperwork.
The only non standard things I have had done are:
Hayward and Scott rear system - which sound amazing
Super chipped (software map) - Tightened up the throttle response
Bad bits
General stone chipping - Front offside wheel arch near sill has some bad chipping
Offside rear arch showing signs of surface rust.
Bootlip edge showing some surface rust.
Pixels on dash come and go like most e39 dash boards.
I've owned loads of M3s and and M5s in the past and this M5 is a nice quick example which I will really miss.
Cheers
Mike
thetyke69 said:
roofer said:
4.5k ?
Wow as much as that! 
Any reason for such a low estimate? I'd rather break it if thats all there worth.
Bad bits
General stone chipping - Front offside wheel arch near sill has some bad chipping
Offside rear arch showing signs of surface rust.
Bootlip edge showing some surface rust.
Pixels on dash come and go like most e39 dash boards.
Serviced by local indy.
Sounds like an old M5 that is going home a bit. Condition before sale demonstrates its tiredness and will scare most off. Just my realistic opinion of what its worth, hopefully you'll get more.
roofer said:
1999.
Bad bits
General stone chipping - Front offside wheel arch near sill has some bad chipping
Offside rear arch showing signs of surface rust.
Bootlip edge showing some surface rust.
Pixels on dash come and go like most e39 dash boards.
Serviced by local indy.
Sounds like an old M5 that is going home a bit. Condition before sale demonstrates its tiredness and will scare most off. Just my realistic opinion of what its worth, hopefully you'll get more.
Fair points!Bad bits
General stone chipping - Front offside wheel arch near sill has some bad chipping
Offside rear arch showing signs of surface rust.
Bootlip edge showing some surface rust.
Pixels on dash come and go like most e39 dash boards.
Serviced by local indy.
Sounds like an old M5 that is going home a bit. Condition before sale demonstrates its tiredness and will scare most off. Just my realistic opinion of what its worth, hopefully you'll get more.
I'm hoping for more like 6k as it stands. I will look into getting those rough bits sorted out to help bring the price up.
Cheers
£4,500 is maybe a bit harsh.
In the car's favour is the low mileage, and the fact it's had new MAFs, vanos seals, and front discs and pads.
If the indy who has serviced the car is a recognised BMW specialist, then I doubt it will make any difference to the car's value, compared with BMW dealer servicing. If on the other hand it is just a local garage, then that may put some people off.
I think if you spend a few hundred pounds getting the paintwork and dash pixels sorted out, then you could advertise it for £7,000 and get a reasonable amount of interest.
In the car's favour is the low mileage, and the fact it's had new MAFs, vanos seals, and front discs and pads.
If the indy who has serviced the car is a recognised BMW specialist, then I doubt it will make any difference to the car's value, compared with BMW dealer servicing. If on the other hand it is just a local garage, then that may put some people off.
I think if you spend a few hundred pounds getting the paintwork and dash pixels sorted out, then you could advertise it for £7,000 and get a reasonable amount of interest.
little on the low side!!Just took 6k for mine, 70k Fsh etc but in less desirable oxford green.
You will have no end of lunatics bidding you lowball offers. Had mine at 8k initially but over the 3 months it took to sell I became worn down with the stream of nutters and took a big hit to sell. Fuel and possible repair outlay is putting most off I guess. My pal is a dealer and says that punters have recalibrated their brains so that anything 1.6 or over is a big engined gas guzzler
You will have no end of lunatics bidding you lowball offers. Had mine at 8k initially but over the 3 months it took to sell I became worn down with the stream of nutters and took a big hit to sell. Fuel and possible repair outlay is putting most off I guess. My pal is a dealer and says that punters have recalibrated their brains so that anything 1.6 or over is a big engined gas guzzler
1974nc said:
You will have no end of lunatics bidding you lowball offers. Had mine at 8k initially but over the 3 months it took to sell I became worn down with the stream of nutters and took a big hit to sell.
This is the reason I decided to just p/x my e39 and take a lower price from a dealer. The extra grand or so I might have got private just wouldn't have been worth dealing with a load of test drive pilots.I know the market is different (very low prices!) in the UK, but I will be selling my 2002 M5 with 200.000 kilometres (very good condition, full BMWSH) for 13.000 euro on Friday. This is probably an ok price but it is also an amazing car for thef money! 6K for an M5 as mentioned above is just crazy!
rassi said:
I know the market is different (very low prices!) in the UK, but I will be selling my 2002 M5 with 200.000 kilometres (very good condition, full BMWSH) for 13.000 euro on Friday. This is probably an ok price but it is also an amazing car for thef money! 6K for an M5 as mentioned above is just crazy!
125k miler for £11.5k? Wow the UK must really be cheap if that can be sold on the continent!Hi,
Although I don't generally keep tabs on car pricing, I do see many posts about pricing and from people who've just bought or sold. An E39 M5 is something I want to get in the future so I sometimes look into pricing of these. I find that other market's where the M5 is/was sold have proportionally higher re-sale values in direct comparisons to the UK. The USA for instance has a distinct pricing valuation for the same car over there than here. It's probably the same with the Western European countries too. I think Australia has a very high valuation due to their differences in tax and of course rarity. That effect is multiplied yet again in some of the Northern Euro countries and I think the Eastern European countries and emerging countries where cars have to be imported they hold very high values.
The UK seems to be at the bottom of the pile values wise and some of the £6K or less cars are worth more in parts than whole now. There are of course much more in depth reasons for this, such as economic condition of the country, disposable income, running costs climate (remember we live in a cold, damp, wet & salty roads climate) and just the general UK's car marketplace as a whole. One aspect I find where there's a large gulf of a difference, is perception of the BMW brand itself. In the UK, BMW's are now generally considered 'de factor' when choosing or shortlisting a car purchase and are available to ever segment of the purchasing public. This is due to the economic factors of the UK as well as the proliferation of discount parts and service businesses. In the US, BMW is still very much considered a premium brand vehicle and I'd hazard a guess it's the same in all the other markets they're sold in, which in turn keeps residuals higher in direct comparison.
I'm thinking an S62 swap into my Touring would be nice..
Cheers, Dennis!
Although I don't generally keep tabs on car pricing, I do see many posts about pricing and from people who've just bought or sold. An E39 M5 is something I want to get in the future so I sometimes look into pricing of these. I find that other market's where the M5 is/was sold have proportionally higher re-sale values in direct comparisons to the UK. The USA for instance has a distinct pricing valuation for the same car over there than here. It's probably the same with the Western European countries too. I think Australia has a very high valuation due to their differences in tax and of course rarity. That effect is multiplied yet again in some of the Northern Euro countries and I think the Eastern European countries and emerging countries where cars have to be imported they hold very high values.
The UK seems to be at the bottom of the pile values wise and some of the £6K or less cars are worth more in parts than whole now. There are of course much more in depth reasons for this, such as economic condition of the country, disposable income, running costs climate (remember we live in a cold, damp, wet & salty roads climate) and just the general UK's car marketplace as a whole. One aspect I find where there's a large gulf of a difference, is perception of the BMW brand itself. In the UK, BMW's are now generally considered 'de factor' when choosing or shortlisting a car purchase and are available to ever segment of the purchasing public. This is due to the economic factors of the UK as well as the proliferation of discount parts and service businesses. In the US, BMW is still very much considered a premium brand vehicle and I'd hazard a guess it's the same in all the other markets they're sold in, which in turn keeps residuals higher in direct comparison.
I'm thinking an S62 swap into my Touring would be nice..
Cheers, Dennis!
The market is just dire at the moment for big engined cars. There's a lot of choice and a pre facelift M5 isn't the most sought after car at the moment. While it may not be what you want to hear, if you can, keep it. You couldn't spend around 5-6k and get anything near as good, especially as yours is a known quantity to you, has had a lot of work done and hasn't got starship miles.
With numerous E46 M3s for sale and E60 M5s crashing in value this year, E39 M5 values are moving in tandem; the situation is unlikely to get much better I'm afraid.
With numerous E46 M3s for sale and E60 M5s crashing in value this year, E39 M5 values are moving in tandem; the situation is unlikely to get much better I'm afraid.
In this climate, buyers can be choosy. And this is where pre-facelift cars are getting a hammering. If a buyer is genuinely considering an E39 M5, they are likely to be bit of a petrolhead, and would probably be willing to pay the premium for a facelift model given the relatively low nominal cost of these cars in the first place.
At the same time, if a buyer is saying yes/no over 1-2k on the purchase price, I'd wager the buyer is looking at the wrong car in the first place. Always worth looking at the tyres/wheels condition - refurbs and fresh Michelin tyres are the better part of £1300 for starters.
Pre-facelift: upto £ 10k for low mileage (<60k)
Facelift: £10k for a <90k mile car, and rising depending on mileage/colour/history/warranty/condition/etc etc
At the same time, if a buyer is saying yes/no over 1-2k on the purchase price, I'd wager the buyer is looking at the wrong car in the first place. Always worth looking at the tyres/wheels condition - refurbs and fresh Michelin tyres are the better part of £1300 for starters.
Pre-facelift: upto £ 10k for low mileage (<60k)
Facelift: £10k for a <90k mile car, and rising depending on mileage/colour/history/warranty/condition/etc etc
Yes, punters can and will be almost too choosy.
Be prepared to take a full hand's digits worth of bags if getting shut is a must.
Otoh, what is that sort of cabbage going to get you in life these days that's worth losing the old girl in the first place?
When Michael Caine received his four bags for Zulu in 1964, that would have been a reasonable gaff in various locales. Today, it won't get you to first base, not in the Big Apple... Er...
Anyway, there are no end of convenient and perfectly moral deceits one can conjure/employ to retain such 'bahn blitzing magnificence.
Keep it. Onward...
Be prepared to take a full hand's digits worth of bags if getting shut is a must.
Otoh, what is that sort of cabbage going to get you in life these days that's worth losing the old girl in the first place?
When Michael Caine received his four bags for Zulu in 1964, that would have been a reasonable gaff in various locales. Today, it won't get you to first base, not in the Big Apple... Er...
Anyway, there are no end of convenient and perfectly moral deceits one can conjure/employ to retain such 'bahn blitzing magnificence.
Keep it. Onward...
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