Discussion
Hi Guys,
Can you all go out and buy the ones in the PH classifieds to stop me from doing the same. They are becoming MIGHTY tempting.
Would I be mad to sell my elise to buy one? Would I? Would it make me... naughty?
I feel like I've had a couple too many pints and the big breasted local bike is sat at the bar giving me looks.
That is all.
Can you all go out and buy the ones in the PH classifieds to stop me from doing the same. They are becoming MIGHTY tempting.
Would I be mad to sell my elise to buy one? Would I? Would it make me... naughty?
I feel like I've had a couple too many pints and the big breasted local bike is sat at the bar giving me looks.
That is all.
Edited by stuthemong on Thursday 13th November 22:47
Looking at your profile was probably the worst thing to do.
I promised myself a e39 in 1999. I'd only be letting myself down if I don't. Right?
When I see a e39M5 on the road now, I definitely look at it with the same sort of wonder that I would an e30m3. OK the e39 is slightly dated, but they are still seriously good looking cars (esp in silverstone and black).
I think I may well put my elise up for sale at a fair price and see what happens...... 'ye gods will have to make the ultimate call then
I promised myself a e39 in 1999. I'd only be letting myself down if I don't. Right?
When I see a e39M5 on the road now, I definitely look at it with the same sort of wonder that I would an e30m3. OK the e39 is slightly dated, but they are still seriously good looking cars (esp in silverstone and black).
I think I may well put my elise up for sale at a fair price and see what happens...... 'ye gods will have to make the ultimate call then
Well I had a blast on the Walshy day in the elise, so I've given it a little bit of a stay of execution. It really was rather fun and I'd like to go again, I dont think the consumables cost of taking a m5 there bears thinking about...
I only get 30mpg out of my elise as it is, 20 in a m5 would be fine.
Look at this though, http://www.pistonheads.com/sales/727339.htm - rediculous.
Facelift, relatively low mileage for a m5, satnav. M5s under the 10K mark just tempt so much.
One of the main considerations of a M5 is that I love my SQ car audio. The elise is errrr, well not terribly well suited to car audio shall we say. A M5 would be a great place to install a system, nice and comfy to chill/cruise on the motorway, but find a b-road, lower the windows and let the beast come out to play.
In fact, at the walshy day I went on last week there was a westfield. I can't help but e39M5 and a westy/caterham would be just about the ultimate partnership. I don't see me keeping an elise long long term, but a M5 most possibly.
Still, it's a nice 'problem' to have deciding what to do
Oh, and given my rears lasted about 8K on my M3, I can't see me getting 15K out of the M5. I don't do much motorway work, its mainly a b-road commute I have to do / a dash through the Milton Keynes roundabout derby
I only get 30mpg out of my elise as it is, 20 in a m5 would be fine.
Look at this though, http://www.pistonheads.com/sales/727339.htm - rediculous.
Facelift, relatively low mileage for a m5, satnav. M5s under the 10K mark just tempt so much.
One of the main considerations of a M5 is that I love my SQ car audio. The elise is errrr, well not terribly well suited to car audio shall we say. A M5 would be a great place to install a system, nice and comfy to chill/cruise on the motorway, but find a b-road, lower the windows and let the beast come out to play.
In fact, at the walshy day I went on last week there was a westfield. I can't help but e39M5 and a westy/caterham would be just about the ultimate partnership. I don't see me keeping an elise long long term, but a M5 most possibly.
Still, it's a nice 'problem' to have deciding what to do
Oh, and given my rears lasted about 8K on my M3, I can't see me getting 15K out of the M5. I don't do much motorway work, its mainly a b-road commute I have to do / a dash through the Milton Keynes roundabout derby
Edited by stuthemong on Tuesday 18th November 23:19
I think that mileage is not really a large consideration for me when buying. That said, I'd rather have a 70K over a 100K car at the same price.
When I bought my (60K) elise I knew the fan resistor, steering rack and alternator had already been replaced.... I've still had to re-do the lot.
I think its all about condition really. Certainly checking pads/disks/tyres would be important. I'd obviously check the clutch wasn't slipping, but there is no easy way I know of to work out how much time a clutch has left. I'd also do the old fuel consumption MAF test too.
Maybe I should just hang fire a bit until I have a bit more of a war chest ready... .the only problem with this plan is a likely move to london in 8months or so, which would be the end of 'fun' car ownership for potentially a few years, I dont want to miss the chance to have a M5 for a bit....
d'oh!
When I bought my (60K) elise I knew the fan resistor, steering rack and alternator had already been replaced.... I've still had to re-do the lot.
I think its all about condition really. Certainly checking pads/disks/tyres would be important. I'd obviously check the clutch wasn't slipping, but there is no easy way I know of to work out how much time a clutch has left. I'd also do the old fuel consumption MAF test too.
Maybe I should just hang fire a bit until I have a bit more of a war chest ready... .the only problem with this plan is a likely move to london in 8months or so, which would be the end of 'fun' car ownership for potentially a few years, I dont want to miss the chance to have a M5 for a bit....
d'oh!
I'm pretty sure 9K gets you an OK car now, hardly a leggy one at all.
http://pistonheads.co.uk/sales/781351.htm
http://pistonheads.co.uk/sales/797227.htm
http://pistonheads.co.uk/sales/796201.htm
6K is the price you can get a leggy one for
My judgement of the market is that a 2000/2001 facelift is the magic place to aim. 9K should get you a nice one, and that should be a lot easier to shift one K down, than a 6.5K dog.
There are some really nice cars at the 10K level, real nice ones !!
<no. must. keep. elise.>
http://pistonheads.co.uk/sales/781351.htm
http://pistonheads.co.uk/sales/797227.htm
http://pistonheads.co.uk/sales/796201.htm
6K is the price you can get a leggy one for
My judgement of the market is that a 2000/2001 facelift is the magic place to aim. 9K should get you a nice one, and that should be a lot easier to shift one K down, than a 6.5K dog.
There are some really nice cars at the 10K level, real nice ones !!
<no. must. keep. elise.>
I'm not buying yet, I'd need to sell the elise first, if I can be bothered.... toughy. I'm really not sure what to do, just musing in this thread really for my amusement
If I did sell the elise it would be for
a) a e39m5
b) cerbera
c) cheapy McCheap deisel golf or something to have some budget motoring
d) honda powered elise
Nonetheless, if I were buying a M5 right now, I'd not be paying 10K for that car. Is that yours? It's not a good deal compared to a lot of others out there;
http://pistonheads.com/sales/797227.htm
also recent new clutch and vanos, but 10K less miles, 30% cheaper...
The problem I have is that I know if I got a non-facelift one, I'd want to upgrade front xenons, steering wheel and NAV screen to the facelift versions (I think it really brings the car up to date)...... as that would cost £1-1.5K or so to do + the hassle, I'd be much better off buying a facelift car to start with, unless it was a super bargain M5 (the one above looks pretty keen, with maybe £500 off that's bargaintastic )
Still though, compared to all the other cars on my list, bar c), the e39 m5 seems to be offering tremendous value. Tremendous. If the elise sounded like the M5 I'd probably be keeping it. I need a V8 in my life, never had one
If I did sell the elise it would be for
a) a e39m5
b) cerbera
c) cheapy McCheap deisel golf or something to have some budget motoring
d) honda powered elise
Nonetheless, if I were buying a M5 right now, I'd not be paying 10K for that car. Is that yours? It's not a good deal compared to a lot of others out there;
http://pistonheads.com/sales/797227.htm
also recent new clutch and vanos, but 10K less miles, 30% cheaper...
The problem I have is that I know if I got a non-facelift one, I'd want to upgrade front xenons, steering wheel and NAV screen to the facelift versions (I think it really brings the car up to date)...... as that would cost £1-1.5K or so to do + the hassle, I'd be much better off buying a facelift car to start with, unless it was a super bargain M5 (the one above looks pretty keen, with maybe £500 off that's bargaintastic )
Still though, compared to all the other cars on my list, bar c), the e39 m5 seems to be offering tremendous value. Tremendous. If the elise sounded like the M5 I'd probably be keeping it. I need a V8 in my life, never had one
Edited by stuthemong on Sunday 23 November 13:59
Welshbeef,
I totally agree with you, ish. The facelift cars had improved piston rings (less oil use) and a vanos accumulator pump (which reduces stress on the vanos -> longer life) - these two things are quite attractive amongst the other cosmetic improvements.
That said, a lot of the M5's had the vanos accumulator retrofitted, and that's the bigger problem solved.
I am certain there are some perfectly serviceable 6K m5's out there, but the facelifts look so much more modern though. I totally take your point about a 6K m5 having a lot less to lose than a 10K one, and that is fair. The only issue is I know that I'd definitely want the facelift wheel at a minimum, which with the correct airbag is expensive. My money would be better placed buying a facelift to begin with I Think.......
I think it entirely possible to buy a 6K M5 and run it for a year and not lose any money on it come resale. If you remember what happened to the e36M3's - they tanked down to the 6K level, then sat there for ages and were bought/sold on condition.
Of course, the 11K e46m3's haven't escaped my attention either, but perhaps further suggest I'd be better getting one of the cheaper M5's.........
If I did get a 6K M5, I could almost get a westfield aswell!
I totally agree with you, ish. The facelift cars had improved piston rings (less oil use) and a vanos accumulator pump (which reduces stress on the vanos -> longer life) - these two things are quite attractive amongst the other cosmetic improvements.
That said, a lot of the M5's had the vanos accumulator retrofitted, and that's the bigger problem solved.
I am certain there are some perfectly serviceable 6K m5's out there, but the facelifts look so much more modern though. I totally take your point about a 6K m5 having a lot less to lose than a 10K one, and that is fair. The only issue is I know that I'd definitely want the facelift wheel at a minimum, which with the correct airbag is expensive. My money would be better placed buying a facelift to begin with I Think.......
I think it entirely possible to buy a 6K M5 and run it for a year and not lose any money on it come resale. If you remember what happened to the e36M3's - they tanked down to the 6K level, then sat there for ages and were bought/sold on condition.
Of course, the 11K e46m3's haven't escaped my attention either, but perhaps further suggest I'd be better getting one of the cheaper M5's.........
If I did get a 6K M5, I could almost get a westfield aswell!
Have you seen a e46 at 8K?? Where? Monster!
Of course your point about big bills multiplying cost of ownership are fair, but to be honest if I bought the wrong 10K car I'd be in the same boat.
-Tyres/brakes/clutch/servicing/vanos all need to be factored in. That said, a lot of these cars, even the cheap ones, seem to tick a lot of boxes! The engine mods are supposed to improve longeivty/reduce oil usage - they do not offer more power. One could argue that if the engine has done 100K and still pulls like a train, it should do a fair few more miles before needing attention. These engines (other than oil and vanos) seem to be quite capable/happy to take high miles.
The point I failed to make on the e36 m3 was that I think that the M5 will come down and hover around this 6K mark. I dont think it's a 4K car. Not for the forseeable. This is what happened with the e36 m3, it stuck at 6K for ages, now of course it's got quite a bit cheaper.
I A/B testdrove a £27K 2002 M5 against a 2003 £27K M3 when I bought the M3 a couple of years back, so I know what a mint condition car should look/pull/feel like. The one thing about the M5 that stood out was the suspension's ability to absorb B-road humps&bumps - it just glided over them whereas the M3 was moved around a bit.
Of course your point about big bills multiplying cost of ownership are fair, but to be honest if I bought the wrong 10K car I'd be in the same boat.
-Tyres/brakes/clutch/servicing/vanos all need to be factored in. That said, a lot of these cars, even the cheap ones, seem to tick a lot of boxes! The engine mods are supposed to improve longeivty/reduce oil usage - they do not offer more power. One could argue that if the engine has done 100K and still pulls like a train, it should do a fair few more miles before needing attention. These engines (other than oil and vanos) seem to be quite capable/happy to take high miles.
The point I failed to make on the e36 m3 was that I think that the M5 will come down and hover around this 6K mark. I dont think it's a 4K car. Not for the forseeable. This is what happened with the e36 m3, it stuck at 6K for ages, now of course it's got quite a bit cheaper.
I A/B testdrove a £27K 2002 M5 against a 2003 £27K M3 when I bought the M3 a couple of years back, so I know what a mint condition car should look/pull/feel like. The one thing about the M5 that stood out was the suspension's ability to absorb B-road humps&bumps - it just glided over them whereas the M3 was moved around a bit.
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