E39 M5 Prices?
Discussion
Prices of these cars does tend to vary massivley. Beaing in mind the oldest cars are not 8yrs old, lower prices tend to reflect that.
Newer style registration plates (51 onwards) tend to add about a grand for some reason. Put an 'M5' plate on it if you dont want your neighbours to see youre driving a V reg or whatever.
The thing I have found with these specialist marques is that a lot of people price the cars how they are worth to them.
Ie, if they have had a big spend out on it recently or they may have paid over the odd's when they bought it.(these type of people can refuse to budge!) Pre-facelift cars are about 1K less to buy, they burn oil and dont have the widescreen TV.
Cars with a BMW warranty also command a 1K or so over those without.
The M5's around the 11-12k will most likely be pre-facelift, no warranty or SatNav and about the 70k+ milage or so. Just depends on what you want.
Buy wisely and cautiously and for the price of a Mondeo you will have one of the finest pieces of machinery ever made. Mine makes me smile just looking at it from the back door. I cant think of anything faster/more comfortable and as much of a lunatic when you've dropped the Mrs off.
Sorry if I have repeated already answered questions, if there are any more I shall do my best...
Neil
Newer style registration plates (51 onwards) tend to add about a grand for some reason. Put an 'M5' plate on it if you dont want your neighbours to see youre driving a V reg or whatever.
The thing I have found with these specialist marques is that a lot of people price the cars how they are worth to them.
Ie, if they have had a big spend out on it recently or they may have paid over the odd's when they bought it.(these type of people can refuse to budge!) Pre-facelift cars are about 1K less to buy, they burn oil and dont have the widescreen TV.
Cars with a BMW warranty also command a 1K or so over those without.
The M5's around the 11-12k will most likely be pre-facelift, no warranty or SatNav and about the 70k+ milage or so. Just depends on what you want.
Buy wisely and cautiously and for the price of a Mondeo you will have one of the finest pieces of machinery ever made. Mine makes me smile just looking at it from the back door. I cant think of anything faster/more comfortable and as much of a lunatic when you've dropped the Mrs off.
Sorry if I have repeated already answered questions, if there are any more I shall do my best...
Neil
How about looking at in in this light.
Buy the cheapest M5 you can find even with 120k clearly demand it gets put through the MOT on it then rather than buying a BMW warrenty put the cash value of the warrenty into a savings "Car maintence" pot then same again next year etc etc and when something does break use some of those funds.
Remember there are vastly more people who never claim on this extended warrenty than those who do so this way you should be on a win win scenario.
Of course dont buy a dog of a car though buy a tidy example but dont even care about the milage.
Also if you dont use any "car maintence"/BMW Warrenty money your earning interest on it so win win.
Buy the cheapest M5 you can find even with 120k clearly demand it gets put through the MOT on it then rather than buying a BMW warrenty put the cash value of the warrenty into a savings "Car maintence" pot then same again next year etc etc and when something does break use some of those funds.
Remember there are vastly more people who never claim on this extended warrenty than those who do so this way you should be on a win win scenario.
Of course dont buy a dog of a car though buy a tidy example but dont even care about the milage.
Also if you dont use any "car maintence"/BMW Warrenty money your earning interest on it so win win.
My M5 is sitting on 190,000 miles now. Reckon it's got a couple of year life left in it yet. In warranty repair costs and servicing it has cost about the same as the price I paid for it. I knew when I bought it I was planning to keep it till it died.. but be warned the costs of buying a 'daydreaming' car can be very high...
drivin_me_nuts said:
My M5 is sitting on 190,000 miles now. Reckon it's got a couple of year life left in it yet. In warranty repair costs and servicing it has cost about the same as the price I paid for it. I knew when I bought it I was planning to keep it till it died.. but be warned the costs of buying a 'daydreaming' car can be very high...
Good effort. Would be interested, if you had the inclination,to describe what you think has/will be the main problem/s.
Neil
That is impressive. The car was made for motorway munching so it should have taken the miles well. How many clutches have you got through? Most people don't use the clutch properly. My one was fine when I sold it with 80k miles on the original clutch. 2.5 yrs on I still miss that car a lot.
Neil.D said:
drivin_me_nuts said:
My M5 is sitting on 190,000 miles now. Reckon it's got a couple of year life left in it yet. In warranty repair costs and servicing it has cost about the same as the price I paid for it. I knew when I bought it I was planning to keep it till it died.. but be warned the costs of buying a 'daydreaming' car can be very high...
Good effort. Would be interested, if you had the inclination,to describe what you think has/will be the main problem/s.
Neil
Vanos units + accumulator units - both sides
radiator
complete steering rack
cd unit
radio display unit (no nav thing)
mirrors - both sides ds x3 ps x2
inside mirror - LCD leak
dashboard cluster (cluster) (have the newer unit now, much preferred the older unit)
Air meters x3 (all under warranty which I believe is unusual)
ABS sensors more time than I care to mention (deep puddles seems to cause a problem)
PDC sensors (I think 3 of them)
alternator
inlet/ O2 sensor (not sure of they're the same it was a while back)
central locking motors x2
has drunk in excess of 100L of 10w60
(another sensor in the crank case I believe - not sure to be honest, it was a while back)
Several relays have left me stranded and it's been on a flatbed at least 3 times
My impressions of this car over something like 150k are that it is very competent at so many things. It eats miles very comfortably and I love that it has a split personality of being docile one minute and really balls out the next. It takes a while to get the best out of it and it is not a car that is comfortable being dragged around back roads too much (way too heavy for that) - but I think like Deristrictor posted in a recent thread given a moorland road or something wide open and with sweeping curves this car is an absolute joy.
In terms of the quality my one impression more than any other is of a car that is limited by the qualities of its extras and equiptment. Sensors seem very fragile and used to dail with annoying regularity (there was a time when it was at the dealers three times in about 4 weeks. Not happy and it really made the car a liability at the time when I needed it to be completely reliable). Mine is fitted with Dunlop SP9000 which though some would argue are not the best tyres for this at full blat give an assuredness in the rain that is great (and the rears are still 4mm+ with 40k travelled - yes really)
The paint is unbelievably fragile - black seems to have the softness of cottage cheese and picks up stonechips like politicinas pick up bad press.
Would I buy another one? I used to say no, BUT I am yet to find a more complete saloon car that offers the levels of performance for cash-down prices that this does. I really don't think there is much out there that offers the same level of all-roundness. It cost me £26k back in 2002 (from a new price of £65k - it was one of the first in the country) and is probably worth peanuts now. Warranty repair bills have come to over £15k... these were of course dealer prices but be aware that this kiddo costs. Incidentally, I know of 2 that have had their engines replaced due to cracks between cyslinder. Both under warranty - one at 124k ish and the costs were extraordinary... So be warned.
If you decide to get one then I hope you enjoy every mile of it. For me, I would give it 8/10 in a kind of long term test report way. It deserves 10, it really does, but the failures I experienced are too numerous and severe to warrant the extra 2 splats.
So assume its now worth £0 and the warrenty costs are £15k.
That means if you had no warrenty the annual car cost incl depn would be £8.2k
However you had the warrenty - Is that £1k p.a? If so then again assuming £0 residual value it will have cost £6.2k.
Now lets be serious this car is worth £8k min every day of the week so this price with the £1kp.a. warrenty means that this car has cost £4.6k p.a. Not bad.
Now if you bought an M5 for say £11k with FBMWSH and you add on the warrenty and run it for 5 years and lets assume it will be worth £4k in 5 years time then it will have cost you £2.4k p.a. Now that to me is very good VFM.
That means if you had no warrenty the annual car cost incl depn would be £8.2k
However you had the warrenty - Is that £1k p.a? If so then again assuming £0 residual value it will have cost £6.2k.
Now lets be serious this car is worth £8k min every day of the week so this price with the £1kp.a. warrenty means that this car has cost £4.6k p.a. Not bad.
Now if you bought an M5 for say £11k with FBMWSH and you add on the warrenty and run it for 5 years and lets assume it will be worth £4k in 5 years time then it will have cost you £2.4k p.a. Now that to me is very good VFM.
Very interesting. How many clutches did you get through?
As you state, yours was one of the first in the country. A later/facelift version should, theoretically, offer even greater reliability.
At 80k miles my year 2000 car was perfect except for some lost pixels on the dashboard display and needing new MAF's. It needed a litre of engine oil every 700 miles or so.
As you state, yours was one of the first in the country. A later/facelift version should, theoretically, offer even greater reliability.
At 80k miles my year 2000 car was perfect except for some lost pixels on the dashboard display and needing new MAF's. It needed a litre of engine oil every 700 miles or so.
It's only on its second clutch. First went at 100ish K and this one still pulls like a train. I treat the car very gently when it's cold and the oil temp is near 90 ish before I treat it other than gently. Just fast sensible driving. This next bit it absolutely true though some of you will needless to say disbelieve it. The disks were replaced at 55k all round and the pads (obviously!) at the same time. I have not had to change the pads since. Honestly. Little heavy braking, no track days just I try to drive as far ahead as I can see.. If you get what I mean. Always gentle on the brakes etc.
Welshbeef said:
So assume its now worth £0 and the warrenty costs are £15k.
That means if you had no warrenty the annual car cost incl depn would be £8.2k
However you had the warrenty - Is that £1k p.a? If so then again assuming £0 residual value it will have cost £6.2k.
Now lets be serious this car is worth £8k min every day of the week so this price with the £1kp.a. warrenty means that this car has cost £4.6k p.a. Not bad.
Now if you bought an M5 for say £11k with FBMWSH and you add on the warrenty and run it for 5 years and lets assume it will be worth £4k in 5 years time then it will have cost you £2.4k p.a. Now that to me is very good VFM.
Warranty costs were £620/30ish £620/30ish £960 £960. The warranty finally ran out at 146k - not bad at all. To be honest it was the only reason I keep the thing. Now I drive much less - last year <5k and the insurance is a very reasonable £1100 inc 3splats and 3 years ncbThat means if you had no warrenty the annual car cost incl depn would be £8.2k
However you had the warrenty - Is that £1k p.a? If so then again assuming £0 residual value it will have cost £6.2k.
Now lets be serious this car is worth £8k min every day of the week so this price with the £1kp.a. warrenty means that this car has cost £4.6k p.a. Not bad.
Now if you bought an M5 for say £11k with FBMWSH and you add on the warrenty and run it for 5 years and lets assume it will be worth £4k in 5 years time then it will have cost you £2.4k p.a. Now that to me is very good VFM.
I would recommend the AP Racing upgrade to at least the front of the car - ask Dazren - transforms the braking characteristics. Think they came via Thorney Motorsport (also Fearnsport, Silverstone fitted them for me.)
I share DMN's take on the ownership experience: minor exasperation overwhelmed by sheer engineering competence and at today's prices, a near no brainer.
Tbh, all this talk of E34s etc is very well but if it was just one //M car to retain in perpetuity, it'd have to be the E39 M5.
I share DMN's take on the ownership experience: minor exasperation overwhelmed by sheer engineering competence and at today's prices, a near no brainer.
Tbh, all this talk of E34s etc is very well but if it was just one //M car to retain in perpetuity, it'd have to be the E39 M5.
drivin_me_nuts said:
Welshbeef said:
So assume its now worth £0 and the warrenty costs are £15k.
That means if you had no warrenty the annual car cost incl depn would be £8.2k
However you had the warrenty - Is that £1k p.a? If so then again assuming £0 residual value it will have cost £6.2k.
Now lets be serious this car is worth £8k min every day of the week so this price with the £1kp.a. warrenty means that this car has cost £4.6k p.a. Not bad.
Now if you bought an M5 for say £11k with FBMWSH and you add on the warrenty and run it for 5 years and lets assume it will be worth £4k in 5 years time then it will have cost you £2.4k p.a. Now that to me is very good VFM.
Warranty costs were £620/30ish £620/30ish £960 £960. The warranty finally ran out at 146k - not bad at all. To be honest it was the only reason I keep the thing. Now I drive much less - last year <5k and the insurance is a very reasonable £1100 inc 3splats and 3 years ncbThat means if you had no warrenty the annual car cost incl depn would be £8.2k
However you had the warrenty - Is that £1k p.a? If so then again assuming £0 residual value it will have cost £6.2k.
Now lets be serious this car is worth £8k min every day of the week so this price with the £1kp.a. warrenty means that this car has cost £4.6k p.a. Not bad.
Now if you bought an M5 for say £11k with FBMWSH and you add on the warrenty and run it for 5 years and lets assume it will be worth £4k in 5 years time then it will have cost you £2.4k p.a. Now that to me is very good VFM.
With the warrenty is it only available on cars which have always had it or FBMESH cars which can then have it added on?
So assuming the 26k to 8k over 5 years & 2.2k warrenty it has cost £4k p.a.
Im amazed at the brakes both pads & discs thats not far off 150k... But its nice to see someone really look fter their car. I'd have thought your BMW M5 would make a cracking buy for someone provided they can look beyond the milage.
Welshbeef said:
drivin_me_nuts said:
Welshbeef said:
So assume its now worth £0 and the warrenty costs are £15k.
That means if you had no warrenty the annual car cost incl depn would be £8.2k
However you had the warrenty - Is that £1k p.a? If so then again assuming £0 residual value it will have cost £6.2k.
Now lets be serious this car is worth £8k min every day of the week so this price with the £1kp.a. warrenty means that this car has cost £4.6k p.a. Not bad.
Now if you bought an M5 for say £11k with FBMWSH and you add on the warrenty and run it for 5 years and lets assume it will be worth £4k in 5 years time then it will have cost you £2.4k p.a. Now that to me is very good VFM.
Warranty costs were £620/30ish £620/30ish £960 £960. The warranty finally ran out at 146k - not bad at all. To be honest it was the only reason I keep the thing. Now I drive much less - last year <5k and the insurance is a very reasonable £1100 inc 3splats and 3 years ncbThat means if you had no warrenty the annual car cost incl depn would be £8.2k
However you had the warrenty - Is that £1k p.a? If so then again assuming £0 residual value it will have cost £6.2k.
Now lets be serious this car is worth £8k min every day of the week so this price with the £1kp.a. warrenty means that this car has cost £4.6k p.a. Not bad.
Now if you bought an M5 for say £11k with FBMWSH and you add on the warrenty and run it for 5 years and lets assume it will be worth £4k in 5 years time then it will have cost you £2.4k p.a. Now that to me is very good VFM.
With the warrenty is it only available on cars which have always had it or FBMESH cars which can then have it added on?
So assuming the 26k to 8k over 5 years & 2.2k warrenty it has cost £4k p.a.
Im amazed at the brakes both pads & discs thats not far off 150k... But its nice to see someone really look fter their car. I'd have thought your BMW M5 would make a cracking buy for someone provided they can look beyond the milage.
I have had my E39 M5 for almost 2 yrs, bought it from a mate. It is now on 111,000 miles. What a car ! It has Supersprint exhaust and an ECU programme so make around 410 BHP and 390Lb-ft of torque. Seen 422 BHP & 400Lb-ft on BP102 on a very accurate rolling road [my old one]
It has a few faults, i.e dash pixels and I think either a MAF or perhaps 02 sensor as it has a warning light on the display that the TC is inactive = much more fun ! It has a really quiet engine/vanos.
I will rectify the small issues and probably sell in Jan as I have not driven it since end June [on sorn]I average 21.9 mpg and have put in one clutch kit & propshaft seal at 107,000.
We went to Northern Scotland in it in April 1250 miles in 3 days, awesome comfort with pace and 26 mpg average.
Buy one you will not regret it.
Cheers
A
It has a few faults, i.e dash pixels and I think either a MAF or perhaps 02 sensor as it has a warning light on the display that the TC is inactive = much more fun ! It has a really quiet engine/vanos.
I will rectify the small issues and probably sell in Jan as I have not driven it since end June [on sorn]I average 21.9 mpg and have put in one clutch kit & propshaft seal at 107,000.
We went to Northern Scotland in it in April 1250 miles in 3 days, awesome comfort with pace and 26 mpg average.
Buy one you will not regret it.
Cheers
A
Great motors. Had mine for just over two years, added almost 70k miles to it and so far (touching every piece of wood I can find) I've only had to replace pads and discs and pay for servicing. Oops, forgot about the control unit for the drivers seat, but as its only me that drives it, who cares. oh, and the parking sensors are shit - they always fail,so I've never bothered to replace them.
Had the clutch replaced immediately after I bought it (under warranty) at 57k, its now on 123k and no sign of slippage. Front tyres last 40k miles, rears I'm getting about 20k miles on SP9000s.
TBH the gearchange is now getting a bit sloppy and the drivetrain does have some give in it, but again I'm not bothered. It pulls like a train and will just eat a long drive for breakfast. I get over 20 mpg and believe me I DONT hang around. 'A' road overtaking is a breeze and its far and away the mosst comfortable car I've ever had. I easily get 300 miles on a tank, and if I was doing a long motorway drive I could get well over 350 miles if I stuck to 70-80, but who wants to do that?
It "owes" me about £7k on finance I reckon, so I won't be getting rid of it soon - it has bugger all value for sale, so I'm gonna just keep it til it dies.
Its grin inducing every time I drive it.
Get one, you wont regret it.
Had the clutch replaced immediately after I bought it (under warranty) at 57k, its now on 123k and no sign of slippage. Front tyres last 40k miles, rears I'm getting about 20k miles on SP9000s.
TBH the gearchange is now getting a bit sloppy and the drivetrain does have some give in it, but again I'm not bothered. It pulls like a train and will just eat a long drive for breakfast. I get over 20 mpg and believe me I DONT hang around. 'A' road overtaking is a breeze and its far and away the mosst comfortable car I've ever had. I easily get 300 miles on a tank, and if I was doing a long motorway drive I could get well over 350 miles if I stuck to 70-80, but who wants to do that?
It "owes" me about £7k on finance I reckon, so I won't be getting rid of it soon - it has bugger all value for sale, so I'm gonna just keep it til it dies.
Its grin inducing every time I drive it.
Get one, you wont regret it.
mondeoman said:
Great motors. Had mine for just over two years, added almost 70k miles to it and so far (touching every piece of wood I can find) I've only had to replace pads and discs and pay for servicing. Oops, forgot about the control unit for the drivers seat, but as its only me that drives it, who cares. oh, and the parking sensors are shit - they always fail,so I've never bothered to replace them.
Had the clutch replaced immediately after I bought it (under warranty) at 57k, its now on 123k and no sign of slippage. Front tyres last 40k miles, rears I'm getting about 20k miles on SP9000s.
TBH the gearchange is now getting a bit sloppy and the drivetrain does have some give in it, but again I'm not bothered. It pulls like a train and will just eat a long drive for breakfast. I get over 20 mpg and believe me I DONT hang around. 'A' road overtaking is a breeze and its far and away the mosst comfortable car I've ever had. I easily get 300 miles on a tank, and if I was doing a long motorway drive I could get well over 350 miles if I stuck to 70-80, but who wants to do that?
It "owes" me about £7k on finance I reckon, so I won't be getting rid of it soon - it has bugger all value for sale, so I'm gonna just keep it til it dies.
Its grin inducing every time I drive it.
Get one, you wont regret it.
By the sounds of things you are a lucky man. Most people have minor parts that fail quite often, MAF's, cam position sensors etc which all add up after time. If you have only had consumables go then you're a break from the mould and I admire that. Had the clutch replaced immediately after I bought it (under warranty) at 57k, its now on 123k and no sign of slippage. Front tyres last 40k miles, rears I'm getting about 20k miles on SP9000s.
TBH the gearchange is now getting a bit sloppy and the drivetrain does have some give in it, but again I'm not bothered. It pulls like a train and will just eat a long drive for breakfast. I get over 20 mpg and believe me I DONT hang around. 'A' road overtaking is a breeze and its far and away the mosst comfortable car I've ever had. I easily get 300 miles on a tank, and if I was doing a long motorway drive I could get well over 350 miles if I stuck to 70-80, but who wants to do that?
It "owes" me about £7k on finance I reckon, so I won't be getting rid of it soon - it has bugger all value for sale, so I'm gonna just keep it til it dies.
Its grin inducing every time I drive it.
Get one, you wont regret it.
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