What's the news on M5 depreciation?

[Deutscher]

Having decided against the new M3, I'm now considering other options, including an M5.

The residuals on these seemed pretty solid at first, but I've heard they've begun to slide - is now a good time to buy?

[PPPPPP]

Deutscher said:

Having decided against the new M3, I'm now considering other options, including an M5.

The residuals on these seemed pretty solid at first, but I've heard they've begun to slide - is now a good time to buy?

I suppose as these cars come out of manufacturer's warranty, and also as the mileage gets closer to 60k miles (point at which the BMW warranty costs nearly £2k per annum) values will suffer. The £250 excess on the warranty is like an additional tax - I have no doubt this will affect all M cars.

[paoloh]

Horrendous!!!

My 55 plate with 12k sold for £47.........

[laingy]

m5 always depreciate heavily

[mmm-five]

This is great news for me as it means I'll be able to buy a 6 year old model with less than 100,000 miles on it for £15k (e34 and e39 were at similar levels at the same age).

EDC parts are cheaper for the E60/61 than they are on the e34 as well.

[belleair302]

But the E34 M5 is still the last of the hand built M cars and a marvellous drive, even if a little expensive to use every day.

[darreni]

Main dealer here has a le mans blue one, 2005, 27k, £39,995.
Its been hanging around a while too.

[mmm-five]

belleair302 said:

But the E34 M5 is still the last of the hand built M cars and a marvellous drive, even if a little expensive to use every day.

That's what I'll be using the E60 (or preferably the E61 for) - fast daily driving, with the e34 out on special occasions.

[Obiwonkeyblokey]

Ive just bought a 5k 15 month old car which was 71k new for 50k, and that was from a bmw dealer. I hate to think what they paid for it.

[paoloh]

I'm now seriously interested in an M6 cab, they have taken an even bigger fall

[brianharvey]

its just getting so bad for the M5 at the mo,i simply cant understand it,i never thought it would get this bad.Ive seen a person pick up a 55 plate for £38/39k although it had 37k on the clock,but still fully loaded(logic 7/HUD etc)and ive now seen some at £43k at bmw dealers,infact just been on autotrader and there are 7 cars in the auc range starting from £43-47k.I too am contemplating E60 ownership,but if im chucking £40k at it now in a years time id need at least £33k back after putting on approx 10k on the clock for it to be remotely viable for me,at these prices i dont know if that is acheivable.

[RS4john]

mmm-five said:

This is great news for me as it means I'll be able to buy a 6 year old model with less than 100,000 miles on it for £15k (e34 and e39 were at similar levels at the same age).

EDC parts are cheaper for the E60/61 than they are on the e34 as well.

You'de better have another 15K for repairs put to one side .

[housemaster]

RS4john said:

mmm-five said:

This is great news for me as it means I'll be able to buy a 6 year old model with less than 100,000 miles on it for £15k (e34 and e39 were at similar levels at the same age).

EDC parts are cheaper for the E60/61 than they are on the e34 as well.

You'de better have another 15K for repairs put to one side .

Ah yes, Audi John, the man who has eyes only for Audi and can see no wrong with them. The man who takes every opportunity he can to make a dig at BMW, often in BMW forums, but mostly on his beloved Audi forums where he is surrounded with other like minds, who all giggle and pass jokes at the expense of BMW. Never get BMW forums spending all their time dicussion Audi....I wonder why?

Its a sign MTorque is down at the moment if he is in here posting on the BMW forums. He will of course try to come across as objective, level of head and open of mind, but to sample his true colours you need to read some of his posts on the Audi forums. I say this as a former BMW owner, and an Audi owner of past AND present!

We love you Johny boy, keep it up..

[m12_nathan]

Housemaster - you could've saved all that typing effort by just calling him an Audi Fanboy tt

[Deutscher]

The BMW AUC starting price seems to be £44k (perhaps £42k after haggling).

Nice example here with all the bits:

http://www.bmw.co.uk/bmwuk/auc/car_details/0,,1260...

What would that have been new two years ago?

[djohnson]

The M5 and M6 look very tempting indeed at current prices.

[RS4john]

housemaster said:

RS4john said:

mmm-five said:

This is great news for me as it means I'll be able to buy a 6 year old model with less than 100,000 miles on it for £15k (e34 and e39 were at similar levels at the same age).

EDC parts are cheaper for the E60/61 than they are on the e34 as well.

You'de better have another 15K for repairs put to one side .

Ah yes, Audi John, the man who has eyes only for Audi and can see no wrong with them. The man who takes every opportunity he can to make a dig at BMW, often in BMW forums, but mostly on his beloved Audi forums where he is surrounded with other like minds, who all giggle and pass jokes at the expense of BMW. Never get BMW forums spending all their time dicussion Audi....I wonder why?

Its a sign MTorque is down at the moment if he is in here posting on the BMW forums. He will of course try to come across as objective, level of head and open of mind, but to sample his true colours you need to read some of his posts on the Audi forums. I say this as a former BMW owner, and an Audi owner of past AND present!

We love you Johny boy, keep it up..

B*llocks, have you ever owned the M5 na, could not even afford a lift in one dry up, if they were good I'd drive one.
PS) Your Pie and Pint have gone to your head mate.

Edited by RS4john on Monday 1st October 19:34

Edited by RS4john on Monday 1st October 19:35

Edited by RS4john on Monday 1st October 19:39

[brianharvey]

im sorry i didnt quite understand your post.Are you suggesting that the E60 M5 is a no good car?

[RS4john]

brianharvey said:

im sorry i didnt quite understand your post.Are you suggesting that the E60 M5 is a no good car?

Sorry is it me to respond?, I am not saying the M5 is not without doubt a powerhouse and very fast bus, BUT it has inherent problems with the Vanao's (Valve train) in particular, buy one outside the warantee period is a "lottery".
This
Will explain a bit of it.
Here : http://bimmer.roadfly.com/bmw/forums/e39m5/6361941...

Edited by RS4john on Tuesday 2nd October 08:54

[housemaster]

RS4john said:

B*llocks, have you ever owned the M5 na, could not even afford a lift in one dry up, if they were good I'd drive one.
PS) Your Pie and Pint have gone to your head mate.

Edited by RS4john on Monday 1st October 19:34

Edited by RS4john on Monday 1st October 19:35

Edited by RS4john on Monday 1st October 19:39

How can someone make so many edits and still fail to construct a sentance that makes sense?

You trying to 'flash your wad' and imply that I am not able to afford an M5 or even a lift in one? Not sure how you came to that conclusion actually, but keep digging.