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2000 BMW 528i Touring with 25,000 miles

We are all big fans of the BMW E39 M5 here at GCFSB, whether it’s the bottom rung 525i sedan or the sought after M5. While the M5 is the obvious choice, I’m partial to the Touring models, in part because I like 5 door vehicles and also because you don’t see them everyday. Finding any E39 with under 30,000 miles is a difficult task as time has marched on, and finding a Touring with that kind of mileage is even more tough. Well, here’s one with 25,000 miles on the clock for sale in Salt Lake City.

2000 BMW 528i Touring on eBay

2000 BMW 528iaT – wagon/touring with automatic transmission. Basically this is a new car. Near concours condition. I purchased this from the original owner at approximately 18k miles. It was stored in a heated garage and has seen only a handful of winter road condition drives. All records available. Regarding the price – book values and so forth don’t apply. The car is worth what interested parties wish pay. This is a nearly new 2000 BMW 5- Series luxury car for less than half of its original new price. To make it truely concours perfect (replace with OEM or repaint front bumper cover, minor door ding removal and a concours level detail job). I am not a motivated seller and only wish to sell this car if it affords me to purchase/own another car of interest to me on my list. I will consider trades or partial (plus or minus money) trades on the following BMW cars of which all must be in the same superb condition of this car – 128i, 135i, 1999-2002 Z3 M-Coupe, E30/E36/E46 M3, E46 M5, Z4 Coupe, Z4 M-Coupe, 2006 or later X3, MINI Clubman or Countryman and VW R32 MK4 or MK5.

The only thing that would sweeten the deal for me with this package is, you guessed it, a manual transmission. Thankfully, one could order that transmission in six cylinder Tourings in the US market. At almost $20,000, this is a lot of coin for an E39 Touring, no matter the mileage. One could buy an M5 for that price; even one that might not have that much more mileage than this Touring. If this car could be had for between $14,000 to $15,000, it would represent a good deal. These E39 Tourings are one of my favorite BMW models. It emerged from an era when BMW was at its best. After visiting the BMW stand at the Washington, DC Autoshow this week, I pine for the days of cleaner styling and fewer electronic gimmicks.

-Paul

10 Comments

  1. tony2x
    tony2x February 2, 2012

    Whoah! That is expensive for what is effectively a base model car. I’ve seen E61 530xis with similar mileage going for similar money. Keep it for a few more years when the E39s are all rusting or terminally self destructing and you could be talking sense but it is too new to be a ‘classic’ and too old to be that expensive.

  2. Wes
    Wes February 2, 2012

    Great mileage. Too bad it’s a pedestrian model. He could get that kind of money if this were a 2003 540iT with ZSP and manual transmission. Since it doesn’t have the right engine, option package or transmission I’m afraid that he’s out of luck.

  3. Wes
    Wes February 2, 2012

    …I wouldn’t go more than $12k for that car and even $12k is pushing it.

  4. AlwaysFixing
    AlwaysFixing February 2, 2012

    Bluebook value doesn’t matter. It’s near concours condition, but it isn’t. If you take it to a body shop, then detail it, then it’s concours condition.

    It’s an automatic station wagon. I think I understand.

    It’s been well taken care of, but most enthusiasts have run away by now.

  5. Larry
    Larry February 3, 2012

    I’m biased – this is identical to my former 2000 528iT, right down to the color combination and options.

    I loved that car, and refused to give it up until the odometer was well beyond the 100K mark (and repair costs were far exceeding new car payments).

    The 2.8L I6 was surprisingly strong – even with the slushbox – and the handling was similarly well above par for such a large beast.

    E39 wagons are awesome, but nowhere near $20K worth of awesome.

    Unfortunately, E61 wagons have the x-drive, but are fairly rare and holding their value well (tony2x, if you have some links to comparable cars ar $20K, PLEASE pass them along – I’ve been seeing prices in the $30K range for lower-mileage examples).

  6. tony2x
    tony2x February 3, 2012

    Yes, E61s have the x-drive but that isn’t all bad, it is certainly better than the older AWD on the E46s. There are plenty of $20/5k 530xis kicking around but they are all out of warranty now and I would never recommend a E6X series BMW without it, they aren’t very reliable. 🙂

  7. Howard S
    Howard S February 3, 2012

    This guy is in fantasy land. Other then the miles there is nothing special at all about this car. He can offer it at that price for the next ten years and no one will buy it

  8. Larry
    Larry February 3, 2012

    Sorry, I didn’t word that last post very well.

    The x-drive is a positive thing (perhaps not quite as good as Audi’s quattro in my experience, but a definitely an advantage here in New England).

    The “unfortunately” referred to the E61 variants being relatively rare and holding their value well.

  9. Larry
    Larry February 3, 2012

    Tony2x, E60 variants like my 2006 530xi are readily available in the $20K range. E61 models with low mileage and $20K price tags don’t seem to exist around here though.

    While the newer (535xiT) versions can still be had under CPO warranty, they will absolutely run mid-high $30K range or worse.

    While my E60 has been reasonably reliable, I share your concern about being out of warranty on these. The complexity of the mechanicals and electronics, and the cost of BMW parts and service, are worrisome.

  10. tony2x
    tony2x February 3, 2012

    A cursory examination of craigslist & Autotrader suggests that you can get into a E61 for about $25k with not that much more miles than our friend’s E39 shown here.

    I bought a 08 535xiT in November 2011, 46k up with a full BMW extended warranty (Platinum, not CPO, covers the nav etc.) for $34k. Love love love the engine, but have been kicking myself for not holding out for a manual. Oh well, when this one hits 99,999 miles I’ll chop it in for a ’10 535xiT with a proper gearbox.

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