Hexagon Special
Hexagon Special
Author
Discussion

Jazzer

Original Poster:

1,758 posts

227 months

Monday 26th October 2009
quotequote all
You've just got to smile.....

http://bmw.co.uk/bmwuk/auc/car_details/0,,1260_159...

Why oh why??????

Would you????

tdm34ds

7,479 posts

233 months

Monday 26th October 2009
quotequote all
As yourself this a 30k e39 M5 sounds insane BUT with only 5800 miles on
and an AUC warranty on it it will sell I know it's 8 years old but it's
effectively brand new, And Imola Red is such a gorgeous colour on an e39.

If you bought it and could keep the mileage down I bet it would actually
appreciate in value

belleair302

6,995 posts

230 months

Tuesday 27th October 2009
quotequote all
That car will never appreciate over time and as usual is hugely overpriced by the daftest dealer in the UK.

Sorry but there were too many E39's to make the car a 'classic'. Yes a wonderful drive and a great car to own, but not likely to appreciate in value over 20 years.

Zod

35,295 posts

281 months

Tuesday 27th October 2009
quotequote all
Hexagon, the company who told me when I toyed with the idea of ordering a new Imola M5 in 2001 not to do it because that colour would make it impossible to resell. scratchchin

chibbard

1,554 posts

283 months

Tuesday 27th October 2009
quotequote all
Hahaha, Hexagon. A name from my past. I done my BMW apprenticeship with them 20 odd years ago !!!!

Soovy

35,829 posts

294 months

Tuesday 27th October 2009
quotequote all
Zod said:
Hexagon, the company who told me when I toyed with the idea of ordering a new Imola M5 in 2001 not to do it because that colour would make it impossible to resell. scratchchin
The rudest people it has ever been my misfortune to deal with. Utter nobs.


thehos

923 posts

207 months

Tuesday 27th October 2009
quotequote all
didnt they have that orange(wrapped matt black) cs, a while ago? for stupid money

okgo

41,531 posts

221 months

Tuesday 27th October 2009
quotequote all
Soovy said:
Zod said:
Hexagon, the company who told me when I toyed with the idea of ordering a new Imola M5 in 2001 not to do it because that colour would make it impossible to resell. scratchchin
The rudest people it has ever been my misfortune to deal with. Utter nobs.
+1 they aquire rare stock on purpose then charge the earth for it, utter fkwits.

That car isn't worth more than 20k.

Soovy

35,829 posts

294 months

Tuesday 27th October 2009
quotequote all
thehos said:
didnt they have that orange(wrapped matt black) cs, a while ago? for stupid money
Oh they wrapped it in the end, did they?

That was there a year ago!


Zod

35,295 posts

281 months

Tuesday 27th October 2009
quotequote all
Soovy said:
thehos said:
didnt they have that orange(wrapped matt black) cs, a while ago? for stupid money
Oh they wrapped it in the end, did they?

That was there a year ago!
that nasty dirty orange one that was up for a comedy price?

Soovy

35,829 posts

294 months

Tuesday 27th October 2009
quotequote all
Zod said:
Soovy said:
thehos said:
didnt they have that orange(wrapped matt black) cs, a while ago? for stupid money
Oh they wrapped it in the end, did they?

That was there a year ago!
that nasty dirty orange one that was up for a comedy price?
Seems so.


derin100

5,217 posts

266 months

Tuesday 27th October 2009
quotequote all
I've said it before and I'll say it again:

"I'm surprised they ever manage to sell any cars whatsoever!"

The most blatant cartelism ever done by them was on Z8s...it almost put De Beers to shame with diamonds.

I hope they got their fingers severely burnt on those cars by stocking up on them and then ludicrously inflating their prices by then releasing them in dribs and drabs. Trouble is others worldwide tried to join their bandwagon. Anybody who bought one from them is as stupid as the prices they concocted for them! Just as the recession kicked in! Good!

One can never say "never" on an E39 M5 (any more than on any other car) but it'll take at least 15 years for desirable, low mileage ones to pick-up in price and then become valuable (it always takes at least that long!). It's not so much necessarily how many were made initially that is the crucial point...it's actually how many good low mileage ones survive circa 15 years down the line. There will be few. Look at all preceeding 5-ers...or anything actually.

However, that one would just be an utterly pointless buy for anyone in the hope of making a 'few' quid in the future...by which time you may have snuffed it yikes ...or other events will have overtaken you... whilst you've squirrelled it away for all of those years.

Its potential value lies in its low mileage which renders it virtually undriveable at present...and for many years to come yet. Yet, if a buyer simply wants a fast M5 (that you can drive now!) you buy an E60 M5. Thus, this E39 M5 offers nothing to anybody at that price at this time?

Edited by derin100 on Tuesday 27th October 20:50

NicoG

661 posts

231 months

Tuesday 27th October 2009
quotequote all
derin100 said:
I've said it before and I'll say it again:

"I'm surprised they ever manage to sell any cars whatsoever!"

The most blatant cartelism ever done by them was on Z8s...it almost put De Beers to shame with diamonds.

I hope they got their fingers severely burnt on those cars by stocking up on them and then ludicrously inflating their prices by then releasing them in dribs and drabs. Trouble is others worldwide tried to join their bandwagon. Anybody who bought one from them is as stupid as the prices they concocted for them! Just as the recession kicked in! Good!

One can never say "never" on an E39 M5 (any more than on any other car) but it'll take at least 15 years for desirable, low mileage ones to pick-up in price and then become valuable (it always takes at least that long!). It's not so much necessarily how many were made initially that is the crucial point...it's actually how many good low mileage ones survive circa 15 years down the line. There will be few. Look at all preceeding 5-ers...or anything actually.

However, that one would just be an utterly pointless buy for anyone in the hope of making a 'few' quid in the future...by which time you may have snuffed it yikes ...or other events will have overtaken you... whilst you've squirreled it away for all of those years.

It's potential value lies in it's low mileage which renders it virtually undriveable at present...and for many years to come yet. Yet, if a buyer simply wants a fast M5 (that you can drive now!) you buy an E60 M5. Thus, this E39 M5 offers nothing to anybody at that price at this time?
^^ Amen to that - especially the last three paragraphs...

You'd be better off with a 100,000 mile E30 Sport Evo if you wanted a 'return' this side of the next time Halley's Comet pays us a visit...

Jono911

21 posts

197 months

Wednesday 28th October 2009
quotequote all
Since when were red sports cars bad news ? If you want the best, you normally have to pay for it. If you've seen the delivery miles 911 Turbo LE advertised in Octane, you can see the price that "future collectibles" can hit. If Hexagon are happy to go out on a limb to offer something different from the run-of-the-mill BMW dealerships, then that's good with me.

Zod

35,295 posts

281 months

Wednesday 28th October 2009
quotequote all
Jono911 said:
Since when were red sports cars bad news ? If you want the best, you normally have to pay for it. If you've seen the delivery miles 911 Turbo LE advertised in Octane, you can see the price that "future collectibles" can hit. If Hexagon are happy to go out on a limb to offer something different from the run-of-the-mill BMW dealerships, then that's good with me.
there's a difference between a red coupe and a red four door saloon.

sleep envy

62,260 posts

272 months

Wednesday 28th October 2009
quotequote all
Soovy said:
Zod said:
Soovy said:
thehos said:
didnt they have that orange(wrapped matt black) cs, a while ago? for stupid money
Oh they wrapped it in the end, did they?

That was there a year ago!
that nasty dirty orange one that was up for a comedy price?
Seems so.
when I popped in the other week it was still there, unsurprising

baz1985

3,682 posts

268 months

Wednesday 28th October 2009
quotequote all
Ah the Hexagon treatment is always a joy.

djohnson

3,654 posts

246 months

Wednesday 28th October 2009
quotequote all
baz1985 said:
Ah the Hexagon treatment is always a joy.
I bought my M6 from them. No bother at all, they did the deal at a good price, delivered the car to Leeds for me and even took my 911 as part ex without having seen it.

ETA - although £30k for is way over the top for any E39 M5.

Edited by djohnson on Wednesday 28th October 12:59

Jono911

21 posts

197 months

Wednesday 28th October 2009
quotequote all
If you can take a £ 25,000 + profit like my friend, just by running a Z8 for 3 years and selling it back to Hexagon, then there might just be something in these future classics.

'Yadi

132 posts

203 months

Wednesday 28th October 2009
quotequote all
I enquired about a Z3mc there a whilst back that I wanted to look at. By far the rudest salesman I've ever dealt with on the phone. Wouldn't shut up even to let me answer the question he'd just asked. I effectively hung up the phone when he told me not to even bother coming to see the car unless I was bringing the asking price with me. Need less to say I purchased elsewhere and let them know why when the inevitable follow up call came the following week.