Discussion
Ive been offered a 2005 M5. 62k miles. FBMWSH till 2010.
Owned by an old chap who's owned it since 2008 until now. In the last 8 years its done 7k miles.
The old chap and his mate (master tech) have done homegrown servicing since then and kept all receipts etc.
Car is as straight as an arrow, drives well. Only thing I can find wrong is the aircon is not blowing cold (Its been stood in his garage for 18 months due to ill health and hence the sale)
So given the above I was thinking of buying, getting a full service at my favourite specialist and enjoy. What could go wrong? haha
So PH, with the above in mind, what would you say is a fair price?
Its SSII blue, black leather, HUD, TV, Sunroof
Thanks in advice
Owned by an old chap who's owned it since 2008 until now. In the last 8 years its done 7k miles.
The old chap and his mate (master tech) have done homegrown servicing since then and kept all receipts etc.
Car is as straight as an arrow, drives well. Only thing I can find wrong is the aircon is not blowing cold (Its been stood in his garage for 18 months due to ill health and hence the sale)
So given the above I was thinking of buying, getting a full service at my favourite specialist and enjoy. What could go wrong? haha
So PH, with the above in mind, what would you say is a fair price?
Its SSII blue, black leather, HUD, TV, Sunroof
Thanks in advice
Thanks for the input.
10k seems very low. A bit of research on the usual places seems if this were being sold it would be it would be 14-15k.
I'm all for a bargain but don't want to offend/lose out at 10k with my offer.
Is there any reason why you guys are saying so low? Is that it's worth or are you factoring huge bork factors?
10k seems very low. A bit of research on the usual places seems if this were being sold it would be it would be 14-15k.
I'm all for a bargain but don't want to offend/lose out at 10k with my offer.
Is there any reason why you guys are saying so low? Is that it's worth or are you factoring huge bork factors?
lord trumpton said:
Thanks for the input.
10k seems very low. A bit of research on the usual places seems if this were being sold it would be it would be 14-15k.
I'm all for a bargain but don't want to offend/lose out at 10k with my offer.
Is there any reason why you guys are saying so low? Is that it's worth or are you factoring huge bork factors?
You need to factor in costs of things that will need replacing.10k seems very low. A bit of research on the usual places seems if this were being sold it would be it would be 14-15k.
I'm all for a bargain but don't want to offend/lose out at 10k with my offer.
Is there any reason why you guys are saying so low? Is that it's worth or are you factoring huge bork factors?
My 76k miles 2005 M5 has full leather (dash, door cards, centre console), alcantara head lining, HUD, Sunroof, rear blinds, active seats etc (doesn't have TV but does have BMW rear DVD system which is meh lol). But it has repaired throttle actuators and a stainless exhaust. I paid just over £12k for it and it had FBMWSH up to my buying it (now Indy as no local BMW, and I trust my indy more than BMW). I have also just spent £1500 on rod bearings / vanos line. I think £10k is about on its money for a car without "proper" history and that has been stood. These do not like being stood for long periods.
TheAngryDog said:
You need to factor in costs of things that will need replacing.
My 76k miles 2005 M5 has full leather (dash, door cards, centre console), alcantara head lining, HUD, Sunroof, rear blinds, active seats etc (doesn't have TV but does have BMW rear DVD system which is meh lol). But it has repaired throttle actuators and a stainless exhaust. I paid just over £12k for it and it had FBMWSH up to my buying it (now Indy as no local BMW, and I trust my indy more than BMW). I have also just spent £1500 on rod bearings / vanos line. I think £10k is about on its money for a car without "proper" history and that has been stood. These do not like being stood for long periods.
Agree - I would have put it even lower due to lack of use. And you should factor in preventative rod bearing replacement (2K-3K) .My 76k miles 2005 M5 has full leather (dash, door cards, centre console), alcantara head lining, HUD, Sunroof, rear blinds, active seats etc (doesn't have TV but does have BMW rear DVD system which is meh lol). But it has repaired throttle actuators and a stainless exhaust. I paid just over £12k for it and it had FBMWSH up to my buying it (now Indy as no local BMW, and I trust my indy more than BMW). I have also just spent £1500 on rod bearings / vanos line. I think £10k is about on its money for a car without "proper" history and that has been stood. These do not like being stood for long periods.
MarcelM6 said:
TheAngryDog said:
You need to factor in costs of things that will need replacing.
My 76k miles 2005 M5 has full leather (dash, door cards, centre console), alcantara head lining, HUD, Sunroof, rear blinds, active seats etc (doesn't have TV but does have BMW rear DVD system which is meh lol). But it has repaired throttle actuators and a stainless exhaust. I paid just over £12k for it and it had FBMWSH up to my buying it (now Indy as no local BMW, and I trust my indy more than BMW). I have also just spent £1500 on rod bearings / vanos line. I think £10k is about on its money for a car without "proper" history and that has been stood. These do not like being stood for long periods.
Agree - I would have put it even lower due to lack of use. And you should factor in preventative rod bearing replacement (2K-3K) .My 76k miles 2005 M5 has full leather (dash, door cards, centre console), alcantara head lining, HUD, Sunroof, rear blinds, active seats etc (doesn't have TV but does have BMW rear DVD system which is meh lol). But it has repaired throttle actuators and a stainless exhaust. I paid just over £12k for it and it had FBMWSH up to my buying it (now Indy as no local BMW, and I trust my indy more than BMW). I have also just spent £1500 on rod bearings / vanos line. I think £10k is about on its money for a car without "proper" history and that has been stood. These do not like being stood for long periods.
MarcelM6 said:
TheAngryDog said:
I think £10k is top money for it really. Rod bearings are £1525.
Where did you get your rod bearings done for 1£525? Have an M6 that I should do them on and so far seeing only £2K and over...MarcelM6 said:
Agree - I would have put it even lower due to lack of use. And you should factor in preventative rod bearing replacement (2K-3K) .
If it had been standing outside then fair enough but in a decent garage it's less of an issue. Also the whole 'it has been sitting idle' - if a dealer bought the car off this old chap to sell on, you can bet your bottom dollar they won't be charging less for it through lack of use - and you the buyer wouldn't even know, you'd happily hand over the premium they'd whack on for the low miles etc.
If the car's been test driven a few times and still isn't leaking from every gasket then it's probably going to be OK. Just be super vigilant at checking for leaks. Get it on a ramp if you can. Or at least check the underside with mirrors and a powerful torch.
vsonix said:
If it had been standing outside then fair enough but in a decent garage it's less of an issue.
Also the whole 'it has been sitting idle' - if a dealer bought the car off this old chap to sell on, you can bet your bottom dollar they won't be charging less for it through lack of use - and you the buyer wouldn't even know, you'd happily hand over the premium they'd whack on for the low miles etc.
If the car's been test driven a few times and still isn't leaking from every gasket then it's probably going to be OK. Just be super vigilant at checking for leaks. Get it on a ramp if you can. Or at least check the underside with mirrors and a powerful torch.
The thing is, the OP does know that the car has been sat around, and knowledge changes everything. The seller will get more for it if he doesn't sell it to the OP, but it could be hanging around a while. It is a buyer's market as not many people want to a) take the risk on a 13 year old BMW V10 that is known to have problems, or b) can afford to buy and run a 13 year old BMW V10 that is know to have issues. I bought mine eyes wide open and still nearly got bitten by the rod bearings. Luckily for me they are always planned to be done early in my ownership. Also the whole 'it has been sitting idle' - if a dealer bought the car off this old chap to sell on, you can bet your bottom dollar they won't be charging less for it through lack of use - and you the buyer wouldn't even know, you'd happily hand over the premium they'd whack on for the low miles etc.
If the car's been test driven a few times and still isn't leaking from every gasket then it's probably going to be OK. Just be super vigilant at checking for leaks. Get it on a ramp if you can. Or at least check the underside with mirrors and a powerful torch.
Thanks for replies. Car drives nice and has no leaks. It's not been abandoned or anything. The owner is an old boy in poor health. It's been in his garage since he bought it 9 years ago and mot'd every year a d oil changed.
The mot history shows in last 4 years it's done about 2k miles and the last 2 a few hundred as his health deteriorated.
Its a minter external wise.
I think it's a good car myself
The mot history shows in last 4 years it's done about 2k miles and the last 2 a few hundred as his health deteriorated.
Its a minter external wise.
I think it's a good car myself
lord trumpton said:
Thanks for replies. Car drives nice and has no leaks. It's not been abandoned or anything. The owner is an old boy in poor health. It's been in his garage since he bought it 9 years ago and mot'd every year a d oil changed.
The mot history shows in last 4 years it's done about 2k miles and the last 2 a few hundred as his health deteriorated.
Its a minter external wise.
I think it's a good car myself
Make him an offer, but be prepared to get new rod bearings done soon. An M5 doing short journeys is going to wear them. The mot history shows in last 4 years it's done about 2k miles and the last 2 a few hundred as his health deteriorated.
Its a minter external wise.
I think it's a good car myself
TheAngryDog said:
lord trumpton said:
Thanks for replies. Car drives nice and has no leaks. It's not been abandoned or anything. The owner is an old boy in poor health. It's been in his garage since he bought it 9 years ago and mot'd every year a d oil changed.
The mot history shows in last 4 years it's done about 2k miles and the last 2 a few hundred as his health deteriorated.
Its a minter external wise.
I think it's a good car myself
Make him an offer, but be prepared to get new rod bearings done soon. An M5 doing short journeys is going to wear them. The mot history shows in last 4 years it's done about 2k miles and the last 2 a few hundred as his health deteriorated.
Its a minter external wise.
I think it's a good car myself
Also the rod bearings - are they really that fragile? Is it a certainty they'll need doing as if it is then I can't be arsed with all that faff.
I'm guessing a nocking bottom end will indicate trouble?
lord trumpton said:
TheAngryDog said:
lord trumpton said:
Thanks for replies. Car drives nice and has no leaks. It's not been abandoned or anything. The owner is an old boy in poor health. It's been in his garage since he bought it 9 years ago and mot'd every year a d oil changed.
The mot history shows in last 4 years it's done about 2k miles and the last 2 a few hundred as his health deteriorated.
Its a minter external wise.
I think it's a good car myself
Make him an offer, but be prepared to get new rod bearings done soon. An M5 doing short journeys is going to wear them. The mot history shows in last 4 years it's done about 2k miles and the last 2 a few hundred as his health deteriorated.
Its a minter external wise.
I think it's a good car myself
Also the rod bearings - are they really that fragile? Is it a certainty they'll need doing as if it is then I can't be arsed with all that faff.
I'm guessing a nocking bottom end will indicate trouble?
Once you hear the bottom end knocking its WAY too late.
If the car is a keeper then the circa £1500 spend on the rod bearings is a worthwhile insurance premium, as if they do go then pretty much the car is salvage at that point.
Also if its a keeper the delta between £10K and £12.2K is neither here nor there as far as I am concerned. Whats the £2.2K over 5/10 years ?
lord trumpton said:
TheAngryDog said:
lord trumpton said:
Thanks for replies. Car drives nice and has no leaks. It's not been abandoned or anything. The owner is an old boy in poor health. It's been in his garage since he bought it 9 years ago and mot'd every year a d oil changed.
The mot history shows in last 4 years it's done about 2k miles and the last 2 a few hundred as his health deteriorated.
Its a minter external wise.
I think it's a good car myself
Make him an offer, but be prepared to get new rod bearings done soon. An M5 doing short journeys is going to wear them. The mot history shows in last 4 years it's done about 2k miles and the last 2 a few hundred as his health deteriorated.
Its a minter external wise.
I think it's a good car myself
Also the rod bearings - are they really that fragile? Is it a certainty they'll need doing as if it is then I can't be arsed with all that faff.
I'm guessing a nocking bottom end will indicate trouble?
A knocking bottom end = scrapped crank / engine and a big bill.
Rod bearings can be done in 2 days by the guy I use. You can have an oil analysis done to check for copper etc which will give you a little indication of how the rod bearings are.
Thanks again
No it's not really going to be a keeper tbh.
I thought I could be something I could buy, razz around until I'm bored (usually a few months if my F10 M5 ownership is anything to go by) and then punt it on for a small profit - Like sell for 14k ish.
It's not really a car I hanker to own but I'd be happy with a short term ownership and a small margin/break even
Not really wanting to start bumfarting around with rod bearings and the like to be honest.
Are my hopes above realistic or is it best stay well away?
No it's not really going to be a keeper tbh.
I thought I could be something I could buy, razz around until I'm bored (usually a few months if my F10 M5 ownership is anything to go by) and then punt it on for a small profit - Like sell for 14k ish.
It's not really a car I hanker to own but I'd be happy with a short term ownership and a small margin/break even
Not really wanting to start bumfarting around with rod bearings and the like to be honest.
Are my hopes above realistic or is it best stay well away?
lord trumpton said:
Thanks again
No it's not really going to be a keeper tbh.
I thought I could be something I could buy, razz around until I'm bored (usually a few months if my F10 M5 ownership is anything to go by) and then punt it on for a small profit - Like sell for 14k ish.
It's not really a car I hanker to own but I'd be happy with a short term ownership and a small margin/break even
Not really wanting to start bumfarting around with rod bearings and the like to be honest.
Are my hopes above realistic or is it best stay well away?
Its a buyer's market. You won't get 14k for it without service history or rod bearings done. Probably hasnt had a clutch either. There are cars for sale still from when I was looking for one in april. No it's not really going to be a keeper tbh.
I thought I could be something I could buy, razz around until I'm bored (usually a few months if my F10 M5 ownership is anything to go by) and then punt it on for a small profit - Like sell for 14k ish.
It's not really a car I hanker to own but I'd be happy with a short term ownership and a small margin/break even
Not really wanting to start bumfarting around with rod bearings and the like to be honest.
Are my hopes above realistic or is it best stay well away?
TheAngryDog said:
Its a buyer's market. You won't get 14k for it without service history or rod bearings done. Probably hasnt had a clutch either. There are cars for sale still from when I was looking for one in april.
The 130k F10 M5 has been for sale since Oct 2017 no one is interestedTheAngryDog said:
lord trumpton said:
Thanks again
No it's not really going to be a keeper tbh.
I thought I could be something I could buy, razz around until I'm bored (usually a few months if my F10 M5 ownership is anything to go by) and then punt it on for a small profit - Like sell for 14k ish.
It's not really a car I hanker to own but I'd be happy with a short term ownership and a small margin/break even
Not really wanting to start bumfarting around with rod bearings and the like to be honest.
Are my hopes above realistic or is it best stay well away?
Its a buyer's market. You won't get 14k for it without service history or rod bearings done. Probably hasnt had a clutch either. There are cars for sale still from when I was looking for one in april. No it's not really going to be a keeper tbh.
I thought I could be something I could buy, razz around until I'm bored (usually a few months if my F10 M5 ownership is anything to go by) and then punt it on for a small profit - Like sell for 14k ish.
It's not really a car I hanker to own but I'd be happy with a short term ownership and a small margin/break even
Not really wanting to start bumfarting around with rod bearings and the like to be honest.
Are my hopes above realistic or is it best stay well away?
I've read up on these in the past a few years ago and I remember concluding the were a wallet hoover.
I'm smoking around in a nice N52 engined 330i at the moment and whilst nothing epic, there's a nice comfort in having a reliable engine that I can spank (within reason of course) without fear of retribution.
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