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E39 (1997 - 2003)
The BMW 5-Series (E39 chassis) was introduced in the United States as a 1997 model year car and lasted until the 2004 when the E60 chassis was released. The United States saw several variations including the 525i, 528i, 530i and 540i. -- View the E39 Wiki

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  #1  
Old 03-10-2015, 06:09 PM
joekitch joekitch is offline
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How much should i budget for a GOOD 540i touring?

this winter has severely dampened private car sales (and car buying) but its starting to come back...

as such, how much should i expect to pay for a good, clean, well maintained 540iT? especially if its already had the timing chain guides or vanos done.
mileage i dont care much about, condition and service history is way more important
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  #2  
Old 03-10-2015, 08:41 PM
edjack edjack is offline
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Do your homework. We cannot advise you, since we are not experts in your local market. Look at NADA, Kelley, Edmunds, etc.
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  #3  
Old 03-10-2015, 09:01 PM
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Zerodynamic Zerodynamic is offline
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Ed is right, what I may pay in the SF Bay Area may not be right for Mass. Check out whats going on in your market; craigslist, autotrader etc...

But, if you were in the Bay, I would say 7-10k, but I'm talking above average (GOOD) that would need little to nothing.
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  #4  
Old 03-10-2015, 09:30 PM
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TheHockeytowner TheHockeytowner is offline
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You know what they say in this situation:

"If you have to ask..."
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  #5  
Old 03-11-2015, 04:57 AM
joekitch joekitch is offline
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Quote:
Originally Posted by edjack View Post
Do your homework. We cannot advise you, since we are not experts in your local market. Look at NADA, Kelley, Edmunds, etc.
KBB doesnt seem to be of much help, since its generally pessimistic compared to actual prices by as much as 30%

also i'm searching nationwide and it seems like the good ones are all hovering above 7k and sometimes into 10k, but that seems unreasonable. if there's a regional distribution i'm not really seeing it
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  #6  
Old 03-11-2015, 05:25 AM
mrblahh mrblahh is online now
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Mein Auto: e36 m3, X5, 74 2002
7k min
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  #7  
Old 03-11-2015, 07:49 AM
MuscleWagon MuscleWagon is online now
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Mein Auto: '99 540iT/'10 328iT
Quote:
Originally Posted by mrblahh View Post
7k min
$7K sounds about right in my area (NC). Like most all E39s (the 540 M sport w/MT appear to be the only exception), touring prices don't seem to be escalating. ATL Craigslist has a nice estoril blue one that appears to be as well maintained as you could possibly find for $6K but +240K miles.
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  #8  
Old 03-11-2015, 01:06 PM
Reefin' Dude Reefin' Dude is offline
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finding a sport model is tough, if you are just looking for a non sport, then they are more common. the prices are more reasonable, and what you would expect for a non touring in your particular area.

G~
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  #9  
Old 03-11-2015, 03:14 PM
Edge540 Edge540 is offline
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I just bought my 540i about 3 weeks ago , it is a sedan with 106k on it and paid 6k for it. To me and most banks that is a lot for a 14 year old car but for me it is what I wanted. Buying a 14 year old car can be a little risky, so I spent about 3 weeks looking on auto trader.com and also signed up for autocheck it's like car fax and cost about 30.00 to ck 1 car or you can pay 45.00 for unlimited cks. And I see you live in Mass and one of my criteria was not to consider cars that spent most of there lives in the rust belt
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  #10  
Old 03-11-2015, 03:20 PM
JKRIT JKRIT is offline
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Quote:
Originally Posted by joekitch View Post
this winter has severely dampened private car sales (and car buying) but its starting to come back...

as such, how much should i expect to pay for a good, clean, well maintained 540iT? especially if its already had the timing chain guides or vanos done.
mileage i dont care much about, condition and service history is way more important
Since you mention manual 525it in your sig, then FYI, I picked ours up in October in NH for just under 10k. But it sat on their lot for a year. Needed nothing because they had done everything.
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  #11  
Old 03-11-2015, 08:13 PM
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Zerodynamic Zerodynamic is offline
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Mein Auto: 2001 540i6
I paid $6500 for mine the day after Christmas last year (2013) It was a private party sale, the guy wanted $8k for it, but it mechanically was up to date (cooling system, timing guides, suspension) and only needed some paint work on the hood, as he parked it under a tree and sap was etched into the hood. Since I work in sales, I pretty much beat the crap out of the guy until he caved and I got it at the price I wanted.

Let's just say friends take me with them when they go to haggle
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Current Ride: 2001 540i6/Cosmos on Black/E60 SSK/CDV Delete/ZHP Knob/Euro Corners/M5 Front Bumper w/front respray/SS Brake Lines/Drilled and Slotted Rotors
Coming Soon: Tint/Rear M-Tech Bumper/Cat Back Magnaflow
Past Loves: 00 528iA/95 M3/90 535i5
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  #12  
Old 03-12-2015, 10:21 AM
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IndiansFan IndiansFan is offline
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Quote:
Originally Posted by joekitch View Post
KBB doesnt seem to be of much help, since its generally pessimistic compared to actual prices by as much as 30%

also i'm searching nationwide and it seems like the good ones are all hovering above 7k and sometimes into 10k, but that seems unreasonable. if there's a regional distribution i'm not really seeing it
Maint. is the key at this stage of the game. $7k for a car with recent documented maint. is most likely a better deal that a car with sim. mileage, no receipts, listing for $5k.

Since you are searching nationwide.......on paper, this appears to be an exceptional 540iT!
158k miles listing at $6.66k. The seller has installed many high end components........

http://sfbay.craigslist.org/sfc/cto/4906306760.html

Whatever you decide on, I would have about $1.5K in reserves to spend on the car in your first year of ownership.
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1999 528iA JET BLACK/Black - Sport/Premium/Heated Seats
1982 Fiat 2000 Spider - BLUE METALLIC/Blue
1999 528iT CASHMERE BEIGE/Sand - Sport/Premium Package - 5 speed SOLD
1989 535i SALMON SILVER/Black SOLD
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  #13  
Old 03-12-2015, 02:04 PM
jacknard jacknard is online now
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http://tucson.craigslist.org/ctd/4918285235.html

I was personally going to check this car out and decided on something else.

Talked to them on the phone. They are unsure of history. I am assuming that it came from an auction, but I could definitely be wrong.

Looks super clean from the pics.
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  #14  
Old 03-15-2015, 01:37 PM
joekitch joekitch is offline
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Quote:
Originally Posted by jacknard View Post
http://tucson.craigslist.org/ctd/4918285235.html

I was personally going to check this car out and decided on something else.

Talked to them on the phone. They are unsure of history. I am assuming that it came from an auction, but I could definitely be wrong.

Looks super clean from the pics.
i'm ultra suspicious of dealers, its not worth the uncertainty of zero maintenance records
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No, i dont have an e39
Yes, i am still searching for an 00-03 540i touring
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  #15  
Old 03-15-2015, 02:37 PM
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540 M-Sport 540 M-Sport is offline
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At this point, with the cars so old, you really want to find one with a clear maintenance history. Mostly likely from a private seller who has owned it at least the past 6 or 7 years, with records. Sometimes you get lucky with a dealer, that has records with a car. Regardless, due to high maintenance costs, any car worthy of consideration, should be inspected by a BMW specialist, prior to purchase. The $250 to $350 will be well spent.
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  #16  
Old 03-15-2015, 02:42 PM
mrblahh mrblahh is online now
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receipts are worthless imo, a solid inspection is worth far more
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