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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 01-23-2015, 02:53 AM
Bull City BMW Bull City BMW is offline
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Mein Auto: 1999 528I
Looking at an M5 with 110k

A silver 2001 M5 popped up at the dealer for about 15k. It has 110k miles. Looks great, the rep said they had inspected it and changed the clutch. Assuming my mechanic blesses it, is this a good deal?
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  #2  
Old 01-23-2015, 04:27 AM
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Flybot Flybot is offline
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Seems pretty standard if it has been well maintained.
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  #3  
Old 01-23-2015, 05:29 AM
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DennisCooper! DennisCooper! is offline
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Hi,

Impossible to say without looking at the car and checking it out for the common issues etc.

Look to the M5board.com where everything about these cars has been discussed, including pre purchase aspects to look and watch out for. I suggest you read up there and then go look at the car, perhaps with a knowledgeable friend and perhaps then get a pre purchase inspection done as well.

Cheers, Dennis!
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  #4  
Old 01-24-2015, 01:26 PM
Arkum Arkum is offline
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Mein Auto: 2001 540i
hmmmm might go see if they'll let me drive it
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  #5  
Old 01-24-2015, 01:28 PM
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JDeGraff89 JDeGraff89 is offline
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Mein Auto: 04/1997 528i Auto,
Buy it before arkum does!!!
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  #6  
Old 01-24-2015, 01:53 PM
Arkum Arkum is offline
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Mein Auto: 2001 540i
Ehh I'm pretty happy with my 540 but I'd love to get a comparison
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  #7  
Old 01-24-2015, 02:20 PM
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matt540 matt540 is offline
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Ask a oower price!
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  #8  
Old 01-25-2015, 12:23 PM
Arkum Arkum is offline
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And its no longer listed... Who got it!?!
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  #9  
Old Yesterday, 07:03 PM
Bull City BMW Bull City BMW is offline
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Not I said the joker. I looked at it Thursday and applied for financing, they said they'd be back in touch. No one called, so I called them back on Monday and it was gone by then. Dreams shattered... Thanks everyone for the comments.
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  #10  
Old Yesterday, 07:13 PM
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JDeGraff89 JDeGraff89 is offline
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Ouch!! Bad news, but I think you dodged a bullet! A bit of silver lining, but it is possible that the banks were not willing to give the dealership that much for the car.. Unfortunatley this means some other sucker got it.. For the dealers full asking or at least more. Than the banks were willing to pay.. For example my car was sitting on the lot for 5100, the banks were all only willing to pay for 4800, so I'm paying off that 4800 right now because no one else was offering .
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  #11  
Old Yesterday, 07:38 PM
MKJS MKJS is offline
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Quote:
Originally Posted by Bull City BMW View Post
Not I said the joker. I looked at it Thursday and applied for financing, they said they'd be back in touch. No one called, so I called them back on Monday and it was gone by then. Dreams shattered... Thanks everyone for the comments.
These cars are really hot sellers right now, at least here in TX. Could be someone at the lot called a friend, and the car was claimed. I was looking at a very nice bmw and had it disappear after the salesman said he would hold it for me for one day so I could come back with enough down. Guy said someone else waked in and paid cash.

doc
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Last edited by MKJS; Yesterday at 07:58 PM.
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  #12  
Old Yesterday, 07:52 PM
haolibird haolibird is offline
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Mein Auto: E39 540i, E39 M5, E34 535
15K is a good price, considering there are no missing parts...

Did you get to drive it?
Impressions?
Still looking?

Inquiring minds need to be nosy...

FWIW, banks won't finance it as a car, but more of a signature/personal loan.
7 years is their typical threshold for used vehicles.
I told my bank, "But it's a f*ckin E39 M5!!!"
It still didn't sway them.
So I rolled the paperboy...

Hb
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  #13  
Old Yesterday, 09:58 PM
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supradupe supradupe is offline
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Mein Auto: 03' e39
If anyone has to apply for a loan to get a 14 year old car, you cannot afford it. The maintenance of the M5 will eat you alive.
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  #14  
Old Yesterday, 10:00 PM
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JDeGraff89 JDeGraff89 is offline
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Mein Auto: 04/1997 528i Auto,
Not true at all.. Well maybe with the M5.. Ish.. But I applied for a loan for my 17 year old car thank you.. I afford it just fine.
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  #15  
Old Yesterday, 10:20 PM
Burning2nd Burning2nd is offline
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Mein Auto: E39 540, E36 328is, E83x3
maintenance on a m5

m5= multiply by 5
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