Ferrari Mailing List: Re: [NFC] 2003 BMW M5?

The main thing is the service record. BMW competes with Japanese  
products by championing the stupid 15,000 mile oil change etc. Make  
sure the car was serviced as if the owner meant to keep it. Also you  
WILL need to replace the coolant tank at 50,000 to avoid the  
inevitable crack where the return hose enters the tank. Otherwise  
mostly minor, infrequent issues.
Oh yeah - you want a manual transmission, avoid the paddles.
Dennis nailed the price. Paid 41 K for mine, perfect @ 26,000 miles
-ken-
2003 540i M Eurosport 6spd.
blk/blk
'faster than a locomotive, slicker than owl shit'

On Sep 27, 2006, at 8:37 PM, Dennis Liu wrote:
The E39 M5 is an awesome car.  There are some known issues with it,  
much

like with our F-cars.  If they're addressed, then the car should be  
fine.  I

love 'em.  Only downside is that they are too small for my needs  
(back seat

needs to be bigger).  Dave Handa should be a wealth of knowledge.   
Lastly,

from the E39 Yahoo group list and the UUC BMW list, I'd say that  
the FMV for

an '03, 41k miles, well-optioned, should be about - $40k.  Would  
probably go

for slightly less than that at auction.  '01s with more miles are

wholesaleing in the mid-high $20k range.  Just my $.02, the "pro"  
dealers

out here can probably provide you with recent auction results.
Vty,
--Dennis
-----Original Message-----
From: Steve Jenkins [mailto:steve [at] stevejenkins.com]
Sent: Wednesday, September 27, 2006 8:30 PM
To: Dennis Liu
Cc: The FerrariList
Subject: [Ferrari] [NFC] 2003 BMW M5?
I'm looking at a BMW M5 that my across the street neighbor is  
selling. It's

a 2003, Black/Black, with 41K miles on it. I drove it today, and my  
neighbor

is letting me keep it over night, so I'm driving it out to dinner with

fellow lister Dave Quick.
It has loads of options (PDC, heated seats, nav, rear and side shades,

sunroof, euro-style turn signals). He's asking 49K. Is it worth it?  
Still

got 1 year / 10K miles of warranty. NADA.com says 51,675 is avg  
retail, and

45,975 is avg trade in. He's not trading it in, and has it listed  
for sale

in the paper.
It was a BLAST to drive today, esp when I turned off the DSC!!!!!!!!!
Thoughts on this car from those who are Bimmer experts?
Steve

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Re: [NFC] 2003 BMW M5?	<– Date –> <– Thread –>
From: Ken Rentiers (rentiersmac.com)
Date: Wed, 27 Sep 2006 18:47:10 -0700 (PDT)