What would you pay for a 437 mile 2002 BMW M5?

[Pressure Ratio]

I know we have some BMW lovers on this site. How much would you pay for such a fine example of one of the best BMW cars ever made?

The M5 offered here is a remarkable time capsule example and likely one of the lowest-mileage E39 M5s in existence. Finished in Titanium Silver with a Black Nappa leather interior and optioned with fold-down rear seat, ski bag, park distance control, and M-Audio with enhanced bass, the M5 was delivered new to BMW of San Diego and was purchased by Glen Konkle of nearby Rancho Santa Fe. Mr. Konkle, a meticulous BMW enthusiast, acquired two of nearly every car in his collection, one to drive and one to preserve.

Showing only 437 miles at the time of cataloging, this M5 has been lovingly preserved and maintained by its knowledgeable caretakers. Pre-delivery inspection stickers still remain within the incredibly fresh interior, and the M5 retains its original accessories, including its license plate bracket still in its wrapper, new-car check-in sheet (recorded at five miles), books, and tools. This iconic BMW offers a second chance to the discerning collector who missed purchasing a stunning E39 M5 when new.

Let's assume you are a baller with a lot of extra cash laying around. What would you be willing to pay for this minty car?

Click to read more...

 

[Yaj Yak]

I have $137 currently.

How close am I

 

[Ron Vogel]

60k seems appropriate

 

[Yaj Yak]

jokes aside... could it be worth 250k?

 

[Yaj Yak]

60k seems appropriate

i mean... minty low-ish driven mile ones are in the 30s.

 

[Yaj Yak]

lololololollll

Pre-Owned E39 M5 for sale for sale at Enthusiast Auto

 

[Pressure Ratio]

lololololollll

Pre-Owned E39 M5 for sale for sale at Enthusiast Auto

So that car has 8800 miles. How much for one with 437 miles?

 

[jason05gt]

jokes aside... could it be worth 250k?

Steve Job's Z8 sold for $329K. Steve Jobs added to the price and the Z8 is more desirable, so who knows. Maybe $125-$150K?

 

[blakbearddelite]

I'd question the sanity of anyone willing to spending $100k on a mass produced car like that just because it has low miles.

 

[Yaj Yak]

So that car has 8800 miles. How much for one with 437 miles?

my original guess of 250k, was my original guess.

I know what it sold for now, so I'm tainted.

 

[Yaj Yak]

I'd question the sanity of anyone willing to spending $100k on a mass produced car like that just because it has low miles.

chances are it will appreciate in value.

 

[jason05gt]

Mass produced in the production method (IE not hand built), but limited supply so that drives the brice. Simple supply and demand.

 

[blakbearddelite]

I guess it really depends on the purpose of purchasing the car. As a driver, it seems really stupid. As an investment, sure, if you think it's going to appreciate.

 

[Bru]

Would love to drive one at some point. See if the hype is worthy.

 

[bimmer4life]

Damn. I should have kept my babies.

 

[Spivitz]

lololololollll

Pre-Owned E39 M5 for sale for sale at Enthusiast Auto

Um, no

 

[Pressure Ratio]

Since not many of you are even guessing lol



This sold at auction for...


























































$176,000!


And that was before fees we added I believe. WOW

 

[Yaj Yak]

I was going to ask if you knew if it was before or after buyers premiums... some houses include them in reporting, other's do not.

 

[bimmer4life]

Since not many of you are even guessing lol



This sold at auction for...


























































$176,000!


ANd that was before fees we added I believe. WOW

Dang. And hell no .

 

[Spivitz]

Well, not surprising. Obviously an enthusiast with Bank don't care about spending Dat money

 

[bimmer4life]

Damn. I should have kept my babies.

Ha what are the odds. My old one is for sale on CL this very moment.



https://chicago.craigslist.org/nwc/cto/d/2000-bmw-m5-excellent/6733311962.html

 

[Yaj Yak]

hnng

 

[Spivitz]

My friend had one of these, car seriously Hauled the mail.
Very cool, for maybe $19,500

 

[Yaj Yak]

 

[radioguy6]

The E39 was perfect, if only it was LeMans Blue or jet black