2001 m5 - Bimmerfest - BMW Forums



Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > M5 & M6 > E39 M5 (1998-2003)

E39 M5 (1998-2003)

Reply
 
Thread Tools Display Modes
  #1  
Old 07-09-2018, 11:08 PM
bmwfan12345 bmwfan12345 is offline
Registered User
Location: san jose
 
Join Date: Jul 2018
Posts: 11
Mein Auto: e36 m3
2001 m5

Hello All,

I am looking at a 2001 M5 with 156k miles. I saw the car today and had my friend who knows a little more about the mechanic aspect of BMWs check for leaks and how it drove. It drove fine and there were no leaks we could see. Cosmetically in good condition as well. I offered him $6k for it and he is considering the offer overnight but I am doubting the deal myself. Do you feel as though this is a good purchase or will it be a nightmare?

Thank you!
Reply With Quote
Sponsored Links
Advertisement
 
  #2  
Old 07-16-2018, 08:52 AM
bmwfan12345 bmwfan12345 is offline
Registered User
Location: san jose
 
Join Date: Jul 2018
Posts: 11
Mein Auto: e36 m3
There was a bit of an engine noise so I decided against it. Really tempting because I love them but I felt as though it would become a project car when I'm looking for a daily
Reply With Quote
  #3  
Old 10-10-2018, 03:14 PM
vc4's Avatar
vc4 vc4 is offline
Officially Welcomed to the 'Fest
Location: sacramento CA
 
Join Date: Sep 2014
Posts: 159
Mein Auto: 2001 BMW 530i, 2002 325i
6k for a 2001 M5 seems like a great deal

"engine noise" is to generic; it could be%100 normal or major problem

Probably best if you decided to not buy this car.
It is quite expensive to maintain this type of car if you can not or do not want to do the work by yourself.

Did the seller provided any Maintence history? For me this would have been the decisive factor
Reply With Quote
Sponsored Links
Advertisement
 
  #4  
Old 12-31-2018, 05:09 PM
mark_m5's Avatar
mark_m5 mark_m5 is offline
Overly Intellectual
Location: Where the money is.
 
Join Date: Sep 2006
Posts: 6,570
Mein Auto: 2002 M5, 2001 996 Turbo
KBB.com - the private party value is around $12k for an excellent car. $6k would be a screaming good deal.

Quote:
Originally Posted by vc4 View Post
It is quite expensive to maintain this type of car if you can not or do not want to do the work by yourself.
Not sure where you get that info. My 2002 M5 has about the same mileage and has given me more than a decade of reliable service at lower cost per annum than any other car we've owned.
__________________
Mark

Grammar: The difference between "knowing your sh*t" and "knowing you're sh*t."
"A world that is 'idiot proof' is a world that is only fit for idiots." - Racer X / 6'er
Reply With Quote
  #5  
Old 07-14-2019, 12:07 AM
Richneerd Richneerd is offline
Registered User
Location: San Jose, California
 
Join Date: Oct 2009
Posts: 69
Mein Auto: E39 ///M5
Quote:
Originally Posted by bmwfan12345 View Post
There was a bit of an engine noise so I decided against it. Really tempting because I love them but I felt as though it would become a project car when I'm looking for a daily
I'm looking for another, whats the ad? you can pm me.

Thanks!
__________________
Reply With Quote
  #6  
Old 08-11-2019, 08:28 AM
ard ard is offline
Resident Curmudgeon
Location: Sierra foothills, California USA
 
Join Date: Jul 2009
Posts: 20,344
Mein Auto: '12 X5 35d/E39M5/996TTX50
Quote:
Originally Posted by Richneerd View Post
I'm looking for another, whats the ad? you can pm me.

Thanks!

The original post is a YEAR and a week old.....
__________________
Alignment here: The Definitive Alignment Thread

OE is Original Equipment aka 'BMW Original Parts' aka 'What you buy at the BMW dealer with a BMW label'

OEM is Original Equipment Manufacturer... EITHER the company that made the OE part or.... A part this is identical to the OE part, but is sold by the OEM under their own label


OEM is not what BMW sells


http://www.bimmerzone.com/category/T...ricks_OEM.html

https://www.turnermotorsport.com/t-OEvsOEM
Reply With Quote
  #7  
Old 08-14-2019, 11:21 AM
2000m5erbama 2000m5erbama is offline
Registered User
 
Join Date: Aug 2019
Posts: 4
Mein Auto:
Bought mine at over 200k but got lucky, after changing ALL fluids and oils she runs like a top and got a killer deal. Interior was a little scratched from previous owner having a damn dog in the car.. But I've about got those conditioned out and both passenger side windows have issues which I'm working on myself. Owning these cars isn't that expensive if you do the work yourself. I mean a clutch change or something major is out of my range but a little homework and the right tools can make a huge difference. That's if you actually enjoy on working on your own rides, if not then yes you'll be forking out a lot of cash to have simple stuff done.
Reply With Quote
Reply

See More Related BMW Stories


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > M5 & M6 > E39 M5 (1998-2003)
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 09:15 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
© 2001- VerticalScope Inc. All rights reserved.