E39 M5 (2002) Pre Purchase Advice!
E39 M5 (2002) Pre Purchase Advice!
Author
Discussion

Tom W

Original Poster:

98 posts

193 months

Tuesday 28th May 2013
quotequote all
I viewed the above this weekend, but have a few concerns.

Its a facelift Black 2002 with full BMW history (although some from a BMW dealer in Paris!) 81,000 miles and 4 owners. Good spec, TV, phone, sunroof, wood trim, short shift and Hayward sport exhaust.

Concerns:
a) The running in check had been missed by about 6,000 miles - what exactly do BMW do at this interval? Is it essential? Would this make you walk away?
b) Some peeling laquer on rear door - is this easy for a body shop to remedy?
c) It has had various paintwork (front bumper / rear door) but appears to be repaired to a good standard.
d) Price! Its up for £12995, which seems very full to me. I beleive they would accept £12k - still seems very full, but I appreciate a dealer needs to make a mark up, which I dont resent!

Does anyone know of a exceptional car for sale privately in the South, ideally im after a facelift car in top condition, sub 100k miles.

Any assistance, much appreciated!


ady702

376 posts

173 months

Tuesday 28th May 2013
quotequote all
a) The running in check had been missed by about 6,000 miles - what exactly do BMW do at this interval? Is it essential? Would this make you walk away?

6k is quite alot imo

b) Some peeling laquer on rear door - is this easy for a body shop to remedy?

I would say £2-300

c) It has had various paintwork (front bumper / rear door) but appears to be repaired to a good standard.

Rear door? damage/rust?

d) Price! Its up for £12995, which seems very full to me. I beleive they would accept £12k - still seems very full, but I appreciate a dealer needs to make a mark up, which I dont resent!

Personally I would travel and get this

http://www.pistonheads.com/classifieds/used-cars/b...


Edited by ady702 on Tuesday 28th May 13:08

Slurms

1,254 posts

230 months

Tuesday 28th May 2013
quotequote all
Tom W said:
I viewed the above this weekend, but have a few concerns.

Its a facelift Black 2002 with full BMW history (although some from a BMW dealer in Paris!) 81,000 miles and 4 owners. Good spec, TV, phone, sunroof, wood trim, short shift and Hayward sport exhaust.
I'd be very concerned about this... Certainly on a RHD car where they are pricing it to reflect the lower mileage etc.

Was it ever registered in France?

Unless you can independanty verify the history i'd be careful here.

Tom W

Original Poster:

98 posts

193 months

Tuesday 28th May 2013
quotequote all
Here is the advert. They are a sports/prestige dealer based in Kent, called Karden. Any people had good/bad opinions on the dealer? Seemed like a friendly bunch, but obviously didnt have the detailed knowledge of its history that you get with buying one privately.

http://www.karden.co.uk/stock/bmw/192/2002-02-m5-e...

The blue M5 in ireland looks great, but too far to travel for me, I would hate to get there and found it wasnt a good in the flesh - which has happened many times!

Reindeer

347 posts

195 months

Tuesday 28th May 2013
quotequote all
My 2001 facelift LMB may be going up for sale....89k miles, recent new genuine clutch and flywheel, all new front bushes, tubi exhaust, genuine bmw short shift, looked after solely by Phil at CPC for the past three years. No expense spared. Let me know if you want to come and have a look or just a chat. Im in Potters Bar.
I have to warn you though I really really dont want to sell but deep down know I have to. Sad times (newborn baby emptying my wallet)

DVandrews

1,380 posts

309 months

Tuesday 28th May 2013
quotequote all
Stone me Reindeer, you are describing my car...

Dave

nonuts

15,855 posts

255 months

Tuesday 28th May 2013
quotequote all
For £12k I'd not want ANYTHING to need doing after I bought it.

andymc

7,593 posts

233 months

Tuesday 28th May 2013
quotequote all
the what looks like an aftermarket gear knob would scare me on a top price car

shadow1964

91 posts

184 months

Wednesday 29th May 2013
quotequote all
I used to have an E39 M5 and loved it, great cars. As for your own personal circumstance ultimately it is down to you but if my contribution is worth anything I would say this:-

1 Have you phoned BMW to check to see if the running in service was done at all? I ask as I once purchased one that did not have the stamp but when I called BMW they confirmed it was done, it was just that the book had not been stamped.

1a If it has not been done then not a big deal in my opinion, whilst not ideal, any issue(s) as a result will surely have been covered/rectified after 81k miles? People do, in my opinion, get a little overly hung up on this but that said as this is the mind-set when you come to sell this will be used against you. So although not really a major problem vis-à-vis the car it will be with the tyre kickers come re-sale.

2 I do not like the chav, gear stick either - have changed something to make it worse in my opinion. Now whilst this is only a minor cosmetic alteration it does make you wonder just what else may have been tampered with. These cars should remain standard but as they are now in the affordability bracket of chavs many will have had 'mods' which ultimately cheapen the car. They spend good money to instantly devalue their M5. (Possible exemption being an exhaust upgrade - this I can buy into)

3 This car does have the rare, and more expensive Heritage leather which is nice and does on face value look a reasonable example. That said it is top money and in my opinion way over priced even from a dealer. Add another £1-2k and you are entering E60 M5 territory.

4 I have to say I do like the one advertised in Ireland, if the ad is genuine then it certainly appears a well looked after car in very good condition. I may be biased here as the exterior colour is my favourite by far on these cars. I bought my Interlagos blue E39 from N Ireland and it really was no hassle.

It was a 45 minute flight (Stansted) and was picked up at the airport. I stayed overnight in Belfast and got the ferry back the next day with the drive from Liverpool all part of the fun as was using my new toy. The cost of the trip was not at all expensive and if you time it correctly you can get a ferry back the same day. I would recommend making the short drive to Dublin as will save you massive amount of time on the crossing.

I thought it all part of the fun and a good couple of days away but understand your concerns. I thought if it was not as expected then I still had an enjoyable mini trip that was relatively inexpensive.

In summary my own thoughts are there is enough to put me off the E39 you are interested in (mainly price but you can add service history and possible mod concerns) so would wait, but the NI car does look hard to beat.

Hope your search goes well.

Edited by shadow1964 on Wednesday 29th May 08:28


Edited by shadow1964 on Wednesday 29th May 08:31

2stis

507 posts

200 months

Wednesday 29th May 2013
quotequote all
Tom W said:
Good spec, TV, phone, sunroof, wood trim, short shift and Hayward sport exhaust.
Just checking that you are aware that the TVs are basically defunct now, following the digital switchover?

Tom W said:
a) The running in check had been missed by about 6,000 miles - what exactly do BMW do at this interval? Is it essential? Would this make you walk away?
Hmmm. That would mean that the car had done ~7000 miles on the oil it was being run in on? It's not ideal, but as said earlier, perhaps you can check the history and if it is just a case of someone forgetting to stamp the book then there is nothing to worry about. I guess it is not the end of the world but for a car retailing at £13k I would expect everything to be on the button and in my opinion they haven't priced that in as you will no doubt get knocked for it yourself come resale one day, even if there are no mechanical ill effects observed.

Also unless the pictures are deceiving me, it looks like the wheels were recently refurbed but have been done in silver paint rather than the proper shadow chrome finish? Again it's perhaps no big deal but for the asking price I would expect the proper OE finish on the wheels.

It seems a nice enough car but at that price level I think you would be able to find better, with full paperwork trail to back it up. In fact I think you can probably get better for less money too!

HungryHorace

860 posts

162 months

Thursday 30th May 2013
quotequote all
Tom W said:
I viewed the above this weekend, but have a few concerns.

Its a facelift Black 2002 with full BMW history (although some from a BMW dealer in Paris!) 81,000 miles and 4 owners. Good spec, TV, phone, sunroof, wood trim, short shift and Hayward sport exhaust.

Concerns:
a) The running in check had been missed by about 6,000 miles - what exactly do BMW do at this interval? Is it essential? Would this make you walk away?
b) Some peeling laquer on rear door - is this easy for a body shop to remedy?
c) It has had various paintwork (front bumper / rear door) but appears to be repaired to a good standard.
d) Price! Its up for £12995, which seems very full to me. I beleive they would accept £12k - still seems very full, but I appreciate a dealer needs to make a mark up, which I dont resent!

Does anyone know of a exceptional car for sale privately in the South, ideally im after a facelift car in top condition, sub 100k miles.

Any assistance, much appreciated!
I paid less for an immaculate 2002 ACU car with less milage and fully loaded with toys. And by less, I mean a lot less.

Tom W

Original Poster:

98 posts

193 months

Thursday 30th May 2013
quotequote all
Thanks for your feedback guys.

What do people do with the TV's now they are effectively redundant?

Yes, the wheels on the 2002 car had been refurbed in the wrong shade, I agree they look far better in the original finish.

Still on the hunt, anyone else that is thinking of selling a low mileage, ideally facelift E39 M5 / or can point me in the right direction of a good condition UK car? The search continues!

HungryHorace

860 posts

162 months

Thursday 30th May 2013
quotequote all
Tom W said:
Thanks for your feedback guys.

What do people do with the TV's now they are effectively redundant?

Yes, the wheels on the 2002 car had been refurbed in the wrong shade, I agree they look far better in the original finish.

Still on the hunt, anyone else that is thinking of selling a low mileage, ideally facelift E39 M5 / or can point me in the right direction of a good condition UK car? The search continues!
You can plug a DVD player into them! A replcement alpine changer in the boot gives you DVD, MP3 and you can plug in a Digital TV tuner too!

GentlePersuasion

26,140 posts

240 months

Thursday 30th May 2013
quotequote all
Slurms said:
Tom W said:
I viewed the above this weekend, but have a few concerns.

Its a facelift Black 2002 with full BMW history (although some from a BMW dealer in Paris!) 81,000 miles and 4 owners. Good spec, TV, phone, sunroof, wood trim, short shift and Hayward sport exhaust.
I'd be very concerned about this... Certainly on a RHD car where they are pricing it to reflect the lower mileage etc.

Was it ever registered in France?

Unless you can independanty verify the history i'd be careful here.
Err, why?

It's most likely the owner worked/lived in Paris for a time and simply took his car over there with him. It's not uncommon.

I took my old car with me to live and work in Norway, after all. My current car is now sat in Germany where I keep it. If it's still there come service time, I will probably get it serviced at a German dealer. Both cars are British registered and RHD.

GentlePersuasion

26,140 posts

240 months

Thursday 30th May 2013
quotequote all
Tom W said:
Thanks for your feedback guys.

What do people do with the TV's now they are effectively redundant?

Yes, the wheels on the 2002 car had been refurbed in the wrong shade, I agree they look far better in the original finish.

Still on the hunt, anyone else that is thinking of selling a low mileage, ideally facelift E39 M5 / or can point me in the right direction of a good condition UK car? The search continues!
A refurb in the correct finish will be £500+ to have it done properly. Hence why they're now silver. What else has been scrimped on?

nonuts

15,855 posts

255 months

Thursday 30th May 2013
quotequote all
GentlePersuasion said:
A refurb in the correct finish will be £500+ to have it done properly. Hence why they're now silver. What else has been scrimped on?
Not if you go to the right place, mine were done in the proper finish and were less than £300 for all 4, however I agree getting them done and not getting the proper finish does put me off.

HungryHorace

860 posts

162 months

Thursday 30th May 2013
quotequote all
GentlePersuasion said:
A refurb in the correct finish will be £500+ to have it done properly. Hence why they're now silver. What else has been scrimped on?
Not only that, peeling laqure on the rear doors. The car is way over priced. I paid considerably less for a fully AUC car from main BMW dealer just 6 months ago. But I had watched its price drop from near 17k when I went in with cash, a smile and a cheeky offer. It had been "sold" a few times but BMW finnce kept pulling the rug, ie they didnt for whatever reason want to finance it so I ended up with a fantastic deal on Christmas Eve to get the car off the books.

The rims on this car look wrong, the peeling paintwork, the fact it doesnt come with that nice AUC warranty would put this car in the 8 to 9k region and even then there are better examples out there...

GentlePersuasion

26,140 posts

240 months

Thursday 30th May 2013
quotequote all
nonuts said:
GentlePersuasion said:
A refurb in the correct finish will be £500+ to have it done properly. Hence why they're now silver. What else has been scrimped on?
Not if you go to the right place, mine were done in the proper finish and were less than £300 for all 4, however I agree getting them done and not getting the proper finish does put me off.
Lepsons quoted me £500 to have them done properly (tyres off; black base coat etc.) That was two years ago, so I've accounted for inflation.

nonuts

15,855 posts

255 months

Thursday 30th May 2013
quotequote all
GentlePersuasion said:
Lepsons quoted me £500 to have them done properly (tyres off; black base coat etc.) That was two years ago, so I've accounted for inflation.
That's what BJV engineering (http://www.wheelrefurbishing.co.uk/) do but they don't charge as much as Lepsons. Still, I'd not be touching that car for £12k.

GentlePersuasion

26,140 posts

240 months

Thursday 30th May 2013
quotequote all
Not with this AUC car at couple of bags more:

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