E39 M5 facelift prices

[willld]

I know it's a how long is a piece of string question, but this looks pretty expensive, probably based on the perceived 'value' of its mileage, London BMW dealer etc.

http://www.approved.bmw.co.uk/bmwuk/bmwauc/details...

What would a more realistic price be a) from a BMW dealer or b) if it were available privately?

At the advertised price it's more expensive than several lower-end E60s.

Looking at E39s available privately, it's a pretty limited choice, but would £10k - £11k be a ball-park figure for a well maintained facelift model, with say 100,000 miles.

I'd be interested to know what anyone has actually bought one for recently (send me a PM if you like) rather than trying to gauge from the seemingly wide range of prices for advertised cars, some of which have probably been for sale for a long time.

[plenty]

Hexagon are well known for good stock but at wildly inflated prices - they are definitely not representative of the market.

The other E39 M5 price thread on this forum describes a 77k miles facelift car that sold for £5,800 last week, but that isn't representative either...

[JerseyS2000]

The advert is also 100% wrong by saying the car has BMW efficient dynamics or whatever their Eco-bks system is called.

On a ten year old V8? I don't think so...

[M5Dave]

As mentioned above, Hexagon are always well over the top in their pricing of cars like this, they've had that one advertised for about six months.

It's pretty rare now for E39 M5s to appear at BMW dealers, but when they do, it tends to be facelift ones with around 50-70,000 miles, and they're usually priced around the £14,000 mark, and seem to sell fairly quickly.

I think if you buy privately you'll get a good facelift car with around 100k on the clock for about £8,000.

[quavey]

The problem is finding another one, as long as it is the lowest mileage, or the best one etc they can put any price tag on it. However I suspect if you went in there waving anything more than 14k you would probable get it.

I can appreciate they would want to ward of very low offers so pricing it high makes only people who are after the "best" one around take it seriously.

Prices seem to be all over the place, sometimes I look at the classifieds and think I did quite well to get my 2002 with 120k ish for £7k, and others I think oh hell I've spent a fortune and its now worthless! However as I have no plans to sell for a while there is little point worrying about that so I just enjoy it instead!

[liquidsmoke]

The thing is BMW dealer servicing doesnt guarantee the best level of being 'looked after'. You see the costly items that generally needs doing on the E39 M5 like timing chain guides, Vanos recon and perhaps evenm big end shells are not in a normal service schedule. Best bet is to look for one that has been enthusiast owned. Even the BMW service intervals are too long for a well used M5 engine.

I did make a more thorough post on the subject in here just a few weeks ago. I'm sure it will turn up if you flick through the pages

[M5Dave]

liquidsmoke said:

You see the costly items that generally needs doing on the E39 M5 like timing chain guides, Vanos recon and perhaps evenm big end shells are not in a normal service schedule.

I'd have to disagree that these are items that generally need doing on an E39 M5.

Perhaps the odd abused and/or intergalactic mile one might need that sort of work, but I certainly wouldn't expect it on sensibly driven one maintained to BMW standards.

[cosworth330]

Their are some E39 M5's over on M5board that have done well over 200k miles on original shells & timing chains/guides. One of the UK guys on their actually had the headgasket fail at around 215k miles and sold the car for spares & just bought another M5 that hadn't had any of the above engine work done. He had the 215k mile one from about a 2yr old.
Then another UK M5 had spun shells at 48k miles.

Simon

[plenty]

I'd value an enthusiast car with a history from a reputable specialist higher than one with BMWSH.

Change engine oil when the service lights go out? I'll do mine every 5k or 12 months, thanks. Glad I didn't take BMW's word for it that the gearbox oil was sealed for life, given the state of my old oil and how much smoother the change was after I put new oil in.

[isaldiri]

quavey said:

The problem is finding another one, as long as it is the lowest mileage, or the best one etc they can put any price tag on it. However I suspect if you went in there waving anything more than 14k you would probable get it.

Not so sure about that, I tried to offer something along the likes of that kind of discount for one of their very low mileage M5s earlier in the year (and knowing they have had that car for well over 6 months) and got nowhere and I am always constantly impressed at how elevated prices Hexagon can continue to keep despite long held inventory.

As expected given the age of the car now, it seems pretty tough to get an approved BMW car on low enough miles to qualify for the <60k mile warranty extension in a year's time given the considerable pricing cliff and the 2 cars I have seen come up on the BMW site recently have basically sold on the day before I could even call up to enquire....