E39 M5 "values"
Discussion
danielw said:
If you look at what's happened to the price of similar late 90's / early 2000's cars - and by similar I mean analogue, fast, feted by magazines (I remember an article in Autocar from 1999(ish) comparing a Ferrari 348 and an E39 M5 cross country and), expensive to buy and more expensive to run, then I would be surprised if E39 M5 prices HAD stayed the same.
At £6k there were plenty around two years ago, those days are long gone.
The price of contemporary modern classic sports cars to the M5 have all shot up (asking price and sale) - 996 Turbo / GT3 / 928's (a few for sale at £50k!) NSX / all modern Ferrari's etc. The E39 M5 is slowly following the trend. Look at the price of E36 M3's - weren't they sub £5k a while ago?
My guess is that as people are being priced out of what were just about affordable cars two years ago (for example £25k 996turbo) then the M5 looks like a bargain.
The cost of maintaining my M5 has been a bit eye watering, the cost of parts (for example discs / pads) being more than for a Porsche. I expect that people who have spent serious money keeping their M5's in good condition aren't going to let them go for the price of a suspension refresh, a new set of discs / pads and tyres! Buyers will appreciate this.
Finally, the E60 M5 with it's 7mpg and cost of repairs surely makes the E39 M5 the BMW super saloon of choice.
Here here.At £6k there were plenty around two years ago, those days are long gone.
The price of contemporary modern classic sports cars to the M5 have all shot up (asking price and sale) - 996 Turbo / GT3 / 928's (a few for sale at £50k!) NSX / all modern Ferrari's etc. The E39 M5 is slowly following the trend. Look at the price of E36 M3's - weren't they sub £5k a while ago?
My guess is that as people are being priced out of what were just about affordable cars two years ago (for example £25k 996turbo) then the M5 looks like a bargain.
The cost of maintaining my M5 has been a bit eye watering, the cost of parts (for example discs / pads) being more than for a Porsche. I expect that people who have spent serious money keeping their M5's in good condition aren't going to let them go for the price of a suspension refresh, a new set of discs / pads and tyres! Buyers will appreciate this.
Finally, the E60 M5 with it's 7mpg and cost of repairs surely makes the E39 M5 the BMW super saloon of choice.
The e39 was (is) a celebrated car. If you drive one with suspension that isn't knackered they are sublime UK road cars, I feel the power/weight is just right, the engine wonderfully characterful, the suspension a lovely balance of composure and compliance. It's not even that thirsty! Yes, the steering feel could be better (as it was in the 4/6 cyl rack and pinion cars), but even that compares favourably with many of today's electric systems. I think it's the Jekyll/Hyde character of the car, where 'Mr Hyde' is big and playful rather than scary, that's so appealing. There was an Evo test a while back of every M car up to the e60/e92 generation, and the e39 came third, beaten only by the e30 evo and the CSL. They're just such likeable things, and that's why I bought one (and continue to spend money on it!).
It's a great car. In the end, most well regarded, fast and/or characterful cars become valuable, but it's not really why you should buy one.
Edited by csampo on Thursday 14th January 23:10
Thoughts on this one anyone? May go for a look tomorrow as within walking distance.
http://www.classic-chrome.net/cars/bmw-m5-e39-2000...
http://www.classic-chrome.net/cars/bmw-m5-e39-2000...
whatleytom said:
Thoughts on this one anyone? May go for a look tomorrow as within walking distance.
http://www.classic-chrome.net/cars/bmw-m5-e39-2000...
A pre facelift car, but a very tidy looking one. The drivers seat is a little grubby, but not creased or worn, so shoukd clean up well. Paint looks nice and glossy too. Nice to see the plastic skids under the front bumper corners looking intact. http://www.classic-chrome.net/cars/bmw-m5-e39-2000...
The Classic Chrome car looks tidy.
It's got a "FBMWSH" (plus specialists) but you'll need to dig a little deeper into what maintenance has been carried out on the running gear, in particular the suspension.
Easy to drop £3k+ on essential work immediately after purchase to make it perform in the way it was designed to. E39 M5s at that mileage are ready for any amount of suspension work if it hasn't been done already.
It should drive arrow straight without rear end twitchiness over camber changes, be judder-free under braking at all speeds and not shimmy at all. If it's on OE suspension any crashiness means new dampers are due (changing even moderately worn dampers really transforms the car!) Some will need a new clutch. Check how much life is left in the brakes as just replacing the discs and pads front and rear will cost a minimum of £800 - more if BMW OE parts are used.
Ask lots of questions and look for a thick sheaf of receipts for some of the above. FBMWSH basically means fluids and filter changes + someone having a poke around underneath...and that's it.
It's got a "FBMWSH" (plus specialists) but you'll need to dig a little deeper into what maintenance has been carried out on the running gear, in particular the suspension.
Easy to drop £3k+ on essential work immediately after purchase to make it perform in the way it was designed to. E39 M5s at that mileage are ready for any amount of suspension work if it hasn't been done already.
It should drive arrow straight without rear end twitchiness over camber changes, be judder-free under braking at all speeds and not shimmy at all. If it's on OE suspension any crashiness means new dampers are due (changing even moderately worn dampers really transforms the car!) Some will need a new clutch. Check how much life is left in the brakes as just replacing the discs and pads front and rear will cost a minimum of £800 - more if BMW OE parts are used.
Ask lots of questions and look for a thick sheaf of receipts for some of the above. FBMWSH basically means fluids and filter changes + someone having a poke around underneath...and that's it.
Hi I've recently acquired , from a family member an Individual 2001 facelift M5 in very very rare rust free Augean green with caramel heritage leather . Car has been in our family since 2006. It's only completed 81,000 miles with pretty good history.
I've got it straight in with my specialist for full brake/suspension overhaul including knuckles and bush overhaul. Once done I have a full body re-paint booked to make the car mechanical and body perfect. While this is being done all wheels will be sent for shadow line refurb and will be fitted with MPSS. Interior also coming out for seat and carpet deep clean and refurb.
This car will be OEM perfect along with the rare individual spec colour will leave me with a very desirable car. I will upload pics when car is finished (next 2 mths 😎)
I've got it straight in with my specialist for full brake/suspension overhaul including knuckles and bush overhaul. Once done I have a full body re-paint booked to make the car mechanical and body perfect. While this is being done all wheels will be sent for shadow line refurb and will be fitted with MPSS. Interior also coming out for seat and carpet deep clean and refurb.
This car will be OEM perfect along with the rare individual spec colour will leave me with a very desirable car. I will upload pics when car is finished (next 2 mths 😎)
bullrunner said:
Hi I've recently acquired , from a family member an Individual 2001 facelift M5 in very very rare rust free Augean green with caramel heritage leather . Car has been in our family since 2006. It's only completed 81,000 miles with pretty good history.
I've got it straight in with my specialist for full brake/suspension overhaul including knuckles and bush overhaul. Once done I have a full body re-paint booked to make the car mechanical and body perfect. While this is being done all wheels will be sent for shadow line refurb and will be fitted with MPSS. Interior also coming out for seat and carpet deep clean and refurb.
This car will be OEM perfect along with the rare individual spec colour will leave me with a very desirable car. I will upload pics when car is finished (next 2 mths ??)
Hi Bullrunner,I've got it straight in with my specialist for full brake/suspension overhaul including knuckles and bush overhaul. Once done I have a full body re-paint booked to make the car mechanical and body perfect. While this is being done all wheels will be sent for shadow line refurb and will be fitted with MPSS. Interior also coming out for seat and carpet deep clean and refurb.
This car will be OEM perfect along with the rare individual spec colour will leave me with a very desirable car. I will upload pics when car is finished (next 2 mths ??)
That'll be an Aegean Blue most likely and for the right hand drive version of the E39 M5, just 6 examples were made! There's 8 left hand drive examples for the European market and none for the LHD US market - so it's a rare colour on the E39! A very good friend of mine has one of the other UK Aegean Blue Individuals and it's a fantastic example with around 89,000 miles and only comes out during summer.
Here's the page with details of all exterior colours for the E39 M5 - this is the DE92 variant which is UK specific. You can see the other markets from the other links.
I have to keep saving up for a nice example !
Congratulations on the car and will be good to see pictures in due course.
Cheers, Dennis!
When I bought mine the November/December of 2012 she was an 02 plate in Titanium Silver with 118k on the clock for £6900 (was advertised @ 7k with the tyres). It was a nice straight car, needed new brakes and two new rear tyres but they came with the car. Everything worked and I ran it for 18 months just doing the front brakes and having the rear arches which were just bubbling repairs to make it nice and clean. Sadly I had a bit of a fail and reversed into a bollard and grazed the rear bumper.
I sold it in the August of 2014 for £7500 which was the asking price, even at the time it was quite a cheap asking price because it was ready for a service and needed the back bumper painting and could have done with two front tyres.
Now, looking at the prices I probably should have kept it but really it wanted about £1500 spending on it to really clean it up. However I was quite happy with that after 18+ months of ownership its cheap motoring!
I do look regularly to see if my old car turns up for sale but never seen it yet, but the prices seem to be getting stronger and stronger! ( I do miss it a bit as well!)
I sold it in the August of 2014 for £7500 which was the asking price, even at the time it was quite a cheap asking price because it was ready for a service and needed the back bumper painting and could have done with two front tyres.
Now, looking at the prices I probably should have kept it but really it wanted about £1500 spending on it to really clean it up. However I was quite happy with that after 18+ months of ownership its cheap motoring!
I do look regularly to see if my old car turns up for sale but never seen it yet, but the prices seem to be getting stronger and stronger! ( I do miss it a bit as well!)
I started looking for one about 9 months ago and have had to accept that (in my budget range) I have missed the boat, unless I want to buy one needing work, which I don't. It seems there is quite strong demand for the decent ones, so not surprising that values are creeping up.
Is there a premium for Imola red, as per the E46 M3's?
Is there a premium for Imola red, as per the E46 M3's?
I have an early facelift one in Schwartz II (jet black not carbon black) which is 1 of 6 in the UK (1 of 11 RHD Schwartz II's in total) with a FULL black heritage interior . It has about 175k miles with 2 previous owners. Although the mileage is high it has a full service history (BMW till 90k then only one specialist was used subsequently) and came with new MPS3's all round.
I have to say that it is in far better condition than anything else I've seen for sale, every problem area has been attended to. I have no idea what to value at and I honestly think that it is in better condition than most of the cars I've seen advertised in the 12-14k bracket. I just hope that when I come to part with it my car gets judged on condition/history and not on mileage alone.
I have to say that it is in far better condition than anything else I've seen for sale, every problem area has been attended to. I have no idea what to value at and I honestly think that it is in better condition than most of the cars I've seen advertised in the 12-14k bracket. I just hope that when I come to part with it my car gets judged on condition/history and not on mileage alone.
Edited by ZeeSpeed on Wednesday 3rd February 04:49
TheAngryDog said:
The lmb one with rod bearings change looks good value.
I keep thinking about selling up and getting an e60 M5 but I'm not sure I wouldnt regret it.
It's either that or supercharge my e39
I didn't regret changing from an E39 M5 to E60 M5. As great as the E39 was it was getting on a bit . Their is nothing I prefer about the E39 over the E60 M5. That's not to say I don't like the E39 M5, they are fantastic cars. My old E39 M5 is on Pistonheads for sale, Eisenmann exhaust, K sport, in Silverstome £12.5K, this car has no rust and all the black shadow trim is immaculate, the current owner is also thinking of moving to an E60 M5.I keep thinking about selling up and getting an e60 M5 but I'm not sure I wouldnt regret it.
It's either that or supercharge my e39
BTW I've owned my E60 M5 for well over 2 years and it's been very reliable, only throttle actuators have failed,replaced under warranty.
Getting back to the thread title "E39 M5 values" yes they have shot up in the last 2 years and I'm sure the nice ones will keep climbing.
cosworth330 said:
TheAngryDog said:
The lmb one with rod bearings change looks good value.
I keep thinking about selling up and getting an e60 M5 but I'm not sure I wouldnt regret it.
It's either that or supercharge my e39
I didn't regret changing from an E39 M5 to E60 M5. As great as the E39 was it was getting on a bit . Their is nothing I prefer about the E39 over the E60 M5. That's not to say I don't like the E39 M5, they are fantastic cars. My old E39 M5 is on Pistonheads for sale, Eisenmann exhaust, K sport, in Silverstome £12.5K, this car has no rust and all the black shadow trim is immaculate, the current owner is also thinking of moving to an E60 M5.I keep thinking about selling up and getting an e60 M5 but I'm not sure I wouldnt regret it.
It's either that or supercharge my e39
BTW I've owned my E60 M5 for well over 2 years and it's been very reliable, only throttle actuators have failed,replaced under warranty.
Getting back to the thread title "E39 M5 values" yes they have shot up in the last 2 years and I'm sure the nice ones will keep climbing.
TheAngryDog said:
The only problem I forsee with an e60 is running one without a warranty. I'm not sure id be that brave with my bad luck that I have with cars lol
Yes totally understand. Lots of people run without a warranty but I prefer to pay monthly for a warranty for piece of mind. One has just sold on Cutters with about 55k on and under Mondial warranty, was up for £16,750 so warrantied cars under 60k can be bought at a sensible price. Gassing Station | M Power | Top of Page | What's New | My Stuff