M5 Touring owners
Discussion
Toby. Spend some time on www.m5board.com within the E34 M5 section if it is an E34 or the E60/61 section if the newer model.
Edited by belleair302 on Saturday 17th May 18:01
Zod said:
dan101smith said:
Sorry to everyone that owns them but...GOOD!
I'll be ready for an M5 touring in the next 2-3 years, so if we can get them down to £15-18k that'd do nicely
Dream on. That will take longer than 3 years. There are plenty of E39s at way more than that for sale.I'll be ready for an M5 touring in the next 2-3 years, so if we can get them down to £15-18k that'd do nicely
Really, you see loads? I live in London and work in the City and I still see far fewer E60s than E39s and that's despite there being two of us in my street.
My definition of a common car is a Bentley CGT or a 911. Those are the Ford Focuses of affluent London. The DB9 is not exactly rare either.
My definition of a common car is a Bentley CGT or a 911. Those are the Ford Focuses of affluent London. The DB9 is not exactly rare either.
Zod said:
Really, you see loads? I live in London and work in the City and I still see far fewer E60s than E39s and that's despite there being two of us in my street.
My definition of a common car is a Bentley CGT or a 911. Those are the Ford Focuses of affluent London. The DB9 is not exactly rare either.
I'm afraid M5's are very common in the suburbs. If I had to quantify I'd say it's rare to see less than 3 or 4 a week. On the other hand I've only ever seen one 550i.My definition of a common car is a Bentley CGT or a 911. Those are the Ford Focuses of affluent London. The DB9 is not exactly rare either.
Olf said:
Zod said:
Really, you see loads? I live in London and work in the City and I still see far fewer E60s than E39s and that's despite there being two of us in my street.
My definition of a common car is a Bentley CGT or a 911. Those are the Ford Focuses of affluent London. The DB9 is not exactly rare either.
I'm afraid M5's are very common in the suburbs. If I had to quantify I'd say it's rare to see less than 3 or 4 a week. On the other hand I've only ever seen one 550i.My definition of a common car is a Bentley CGT or a 911. Those are the Ford Focuses of affluent London. The DB9 is not exactly rare either.
Zod said:
Oh yes, the 550i is ultra-rare, but that won't protect it from stone-like depreciation.
Agree, just saying that the M5 is what it is, a nearly mass production car.I think the main issue with this is that the dealers will keep the prices elevated purely by virtue of the fact that having an M5 in stock will be a risk for them. Any mechanical work is going to cost them big time, getting them prepped for AUC is going to cost them big numbers too. In short the used marked will be buoyed by the costs loaded on AUC cars by BMW dealers.
In the long term the prices will settle I am sure but between then and now I see a CSL like scenario where everyone agrees its a great car but the prices bomb because BMW dealers won't touch them outside of the manufacturers warranty period.
baz1985 said:
IMO there are a lot more E60 M5(s) 3yrs into production in comparison with the E39.
There are probably 7 or so in the nearby streets.
The fact is that £60k is no longer a great deal of money.....given equity release suburbia.
Seven? Where do you live?There are probably 7 or so in the nearby streets.
The fact is that £60k is no longer a great deal of money.....given equity release suburbia.
As for equity release, that is rapidly becoming rare!
I don't deny for a moment though that I am losing money by the day on my car. It happens. There are very few expensive cars that do not lose the owners large sums. A friend has just lost serious money on an F430. That is what the equity release and large scale finance types haven't understood. It's not about the monthly payment. It's about total cost of ownership, which is high. Including petrol and depreciation, I reckon over the three years I'm likely to have kept it from new, my car will have cost me over £1k a month. That's the cost of driving a good car.
M5 tourings are not common at all there are hardly any. there is quite a few saloons but if you look on the web for used M5 tourings. there is only 13!!!!!!! compared to 119 of the saloons but then again it will still depreciate. but you dont buy a car like that to make money and if you can afford to run you shud be able to afford the depreciation.
I have to say I'm with Zod on the rarity thing though.
I live in Henley on Thames and spend lots of time in West London - it's pretty unusual to see an E60 M5 around here.
!0-12 997s for every one and probably 3 or 4 V8 Vantages as an estimate.
Loads and loads of de-badged 'M Sport' 520Ds and the like, but very few actual M5s.
I live in Henley on Thames and spend lots of time in West London - it's pretty unusual to see an E60 M5 around here.
!0-12 997s for every one and probably 3 or 4 V8 Vantages as an estimate.
Loads and loads of de-badged 'M Sport' 520Ds and the like, but very few actual M5s.
tobybmw535i said:
M5 tourings are not common at all there are hardly any. there is quite a few saloons but if you look on the web for used M5 tourings. there is only 13!!!!!!! compared to 119 of the saloons but then again it will still depreciate. but you dont buy a car like that to make money and if you can afford to run you shud be able to afford the depreciation.
Well saidI don't know why for everytopic the word depreciation is coming on the forum
Enjoy your car and if it can help you I have only see one in Belgium and it was at the track in Spa.
While buying my M3 and chating with the dealer about a M3 touring? in the future. He told me that the sale on the M5 touring where less good than expected and that lowered the chance about another M touring.
You have a great car, enjoy it everytime
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