Clean 2000 E39 BMW M5 Red Dinan S1

This is quite a clean looking M5 for being a three owner car. The seller says it has never seen winter roads and has been in a garage all its life. With only 40,000 miles those three owners sure didn’t use it to commute very long. The car has some mild upgrades including the Dinan S1 package, with exhaust and intake. It also has a set of deep dish 20″ rims and aftermarket angel eyes. The clutch and flywheel have been replaced at 30,000 so they should be good for awhile. The engine bay looks amazingly clean.
The car is at $22,000 reserve not met. As long as the reserve isn’t set more than $10,000 from this, you could take this car and drive it for a few years and then sell it with out much depreciation as long as you take care of it.


~Evan

’02 M5 with 30k miles on eBay

Continuing E39 M5 theme week, I found one that closely matches the requirement of our fellow M-lover over at the M5 Video Guide.  It’s an ’02 instead of an ’03, but it’s a clean Carbon Black version with just 30k miles.

With 9 days left on the auction it’s just under $18k.  Depreciating at almost $2/mile has to hurt for the original owner, but it’s all good for the buyer.  The gray interior isn’t as striking as the Caramel we saw on one the other day, but getting one of the best sport sedans ever made with so few miles for around $20k will probably help you get over the interior color pretty quickly.

My main realization of M5 week thus far is how amazingly accessible these M5s have become.  THIS WEEK ONLY, M5s 75% off! (until next week, and the week after that…)

-NR

2002 BMW E39 M5, 72k miles, $17,500

Carrying on with this week’s focus on E39 M5s, here is an example that could fall into the cheap buy category. We are all familiar with this car and its stonking performance, so on with the details…

2002 BMW M5 on Craigslist Philadelphia

The seller has this to say:

Silver 2002 BMW M5 with Black Leather Interior -72Kmiles

I am sacraficing my 2002 BMW M5. This beast has a V8 400h engine, 6 speed transmission. The M5 has all the standard options including Xenon headlights, M5 Sports Suspension, dynamic stability control, power sunroof, heated power M5 Sports seats, 6 CD changer in the trunk etc, etc. The Titanium Silver body is clean. There are some roadchips near the grill and a couple scratches on the bumpers. The 18 inch performance tires and rims have alot of life left in them.

The black leather interior with suede lining has been a non smoking auto with minimal wear. I put in a new OEM clutch and rear brakes about 6K ago. Clean Title. Well maintained. Maintenance records available. Disclosure: the Navigation cd-rom drive needs to be repaired, but all other computer functions work properly. This a great deal for an amazing car.

The one thing I would like to know more about is why this car needed a new clutch at 66,000 miles. Also, it is quite odd that the rear brakes, not the fronts, were the ones replaced. An uncle of mine, who owned many BMWs as well as some M models, always said he was hesitant about buying used M cars, as they are often driven hard and put up wet. A clutch replacement at 66k is making me lean towards this assumption. Another thing to be careful of is cars in the Philadelphia/NYC/Boston corridor often lead hard lives.

Depending on how well this example drives and the extent of the maintenance records, this could be a good deal. Retail values of clean M5’s in this mileage range seems to be runnin in the low to mid $20k range on average these days.

-Paul

23,000 Mile 2000 E39 BMW M5

As promised I am keeping with our theme of looking for E39 BMW M5s this week. I was looking around for an E39 to fill the slot of worst modified, but Ben claimed the same car I was going to talk about before me. You’ll see it tomorrow.
So I decided to make an attempt at the low mileage category with this nice 23,000 mile example.
Being a 2000 it is an early example of the E39 M5. With such low miles the car has hardly been broken in. The driver seat even looks almost new. Very pretty in silver, this unmolested original, will make someone a great driver for years to come. The crisp lines are satisfying just to look at and the bit of window tint adds a touch more sleekness.

Any ideas on what it will be bid up to? A premium will be paid for sure for this kind of mileage. Buyers be ware as the seller has low feedback.

~Evan

Kicking off BMW e39 M5 Week with a Reader Request

This week we’re taking a moment to begin introducing theme weeks to the blog, and to get us started we’re featuring the fabulous e39 M5. These cars represent amazing value and have a proud place in the M5 lineage. We’ll include more information on the special features of this car as the week progresses.

Tonight we begin with a note I received from a friend of the site, Brooks from the M5 Video Guide, who wrote:

Unfortunately one of the M5 Video Guide customers recently lost his silver E39 M5 in a winter weather related car accident. The good news is that no one was injured, but sadly the car is a write-off.

He would like to purchase another E39 M5 and is willing to pay top dollar. His preference would be a 2003 M5 in either Carbon Black, Jet Black or LeMans Blue.

His request was very timely and fits nicely with our inauguration of the e39 M5 Theme Week. And with a generous budget, me and the guys got to work! Here are our picks:

The first is this stunning 03 M5 in Carbon Black on gorgeous Nappa Heritage Caramel leather. In addition to a low 40k miles, this car has tasteful Dinan upgrades and enthusiast ownership history. Check it out on Autotrader for $33k in Houston.


Another 03 in Carbon Black, but this one has the extended black leather package. Similar miles at 43k, reported all dealer service with records, and no mods except Dinan software and iPod controller. This lovely example is in Seattle on Autotrader for $29k.


Or how about this 2003 in LeMans Blue and Caramel leather on the M5Board for $32,500 and 48k miles (New Jersey):


And here are 4 more that also meet the criteria!

Well I hope one of these work because after posting them all up, I’m more than a little worked up for e39 Theme Week. I mean even the most expensive one of the bunch is half of the original sticker price and these have all the bugs worked out and are ready to run.

Stay tuned for more e39 Theme Week!

dc

2000 BMW e39 M5 For Sale with only 4k Miles!

Let me start by saying, I am not a fan of the most recent 5 series platform. The e60 is just plain ugly compared to the e39. I have no doubt the V10 featuring 500hp is nothing short of breathtaking, but when you’re prepared to put down nearly $90k for a brand new one, but not in love with the shape, what options are you left with? How about saving $40k and buying a nearly new M5 of the previous generation?

2000 BMW M5 For Sale on eBayMotors:

quote from seller’s listing:

The ultimate expression of the ultimate driving machine. There isn’t a magazine on the planet that didn’t fall head over heels when the E39 debuted in 1998. the combination of power, handling, comfort, braking and overall drivability led to review after review naming the M5 the best car in the world at any price and a modern classic. Finding examples with well over 100,000 miles is commonplace; finding one with 3,059 miles like this one is a lot tougher. Who would own such a machine and not use it? BMW themselves, that’s who—the car sat garaged in the Greer, SC facility and was used by executives who flew over from Germany. It’s one of the lowest mileage M5’s on the planet, it’s perfect and it’s ready to roll.

We aren’t kidding about the critical acclaim. Here’s a sampling of quotes:

The 2000 BMW M5 is the king of all performance sedans, a classic for the ages.

Edmunds.com

“The fastest production sedan on the planet.”

Road and Track, March 2000

“… The M5 is as close to faultless as any car I’ve driven. Set the bar as high as you like, this thing will clear it. Unbelievable!

Jeff Karr – Motor Trend

“… The best and most consistently enjoyable sport sedan the world has ever known.”

Motor Trend, March 2000

“On the track, the M5 is hunkered down and grips the asphalt with confidence and composure. The instant-on electronic throttle response and the precise manual gearbox will bring a smile to any driver.”

Road and Track, March 2000

“For people who love cars, the M5 is quite simply the most desirable sedan in the world at any price. What more can we say?”
Car and Driver, March 2000

“Without sounding like a broken record, this is the one car to beat, faster, sharper, not to mention safer, and more luxurious then anything on the market, the best sports sedan in the world then, the best sports sedan now, and maybe even forever.”
Motor Week

“The new BMW M5 is simply the best.”
European Car, June 2000

There are no blemishes anywhere on the exterior of the car, just as you’d expect a garaged 2,700 mile car to appear. Tire tread is better than 90% and the wheels are perfect. There are no needs, no problems and no shortcomings as you do a walk around. The car is perfect.

The same goes for the interior. The leather seats are immaculate with virtually no evidence of wear, and they’re the only parts that show any use at all. The stereo is loud and crisp, the multifunction display in the dash, the gauges, all lights and all switchgear work exactly as new.

I’m just saying, if my lotto ticked gets punched this week, I’d take this over the newest version. If I remain mortal without the winnings, I might still think a well looked after used e39 M5 might be in the cards considering they now hover in the low 20’s for asking price.

dc

Silver BMW e39 M5 For Sale: Wow, When Did e39 M5 Prices Become This Attractive?!

I’ve driven my buddy Clayton’s e39 540i/6 a few times, and it never fails to impress. I can only imagine what the M5 delivers with a full hundred more horses and M tuning to suspension, transmission, and interior. Well maybe I can imagine as prices for low mileage examples are turning up in the low 20’s. What happened to the market for these?!

Here’s one that came up on Roadfly tonight, and even includes BBS RC wheels!

quote from listing on Roadfly:

Immaculate 2000 M5. Nice BBS wheels (All Ms are supposed to have BBS wheels right!), rare and extremely beautiful Anthracite gray exterior, black with silver inserts on seats and doors. Extended leather option includes leather on door uppers, dash and suede headliner. New dash OBC. Pirelli Pzero Rossos. Complete service history/records. BMWCCA member owned. $22,500 obo.

I’m going to take the next few posts to talk about other modern-classic BMW’s that are showing amazing value recently. With the suddenly gas-conscious American market, some models are looking very attractive to the enthusiast shopper hoping to maximize their budget and score the ride of their dreams.

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dc