1995 E34 525i

[pundit]

I am looking at an immaculate 1995 E34 525i with the works.

It has 103,000km's (60,000 miles) on the clock and is in literally showroom condition.

One owner full service history etc.

It's for sale by a dealer at $26,990 Australian dollars (about $18,600 US or about 11,000 British Pounds)

Is this too much to pay for an E34?

Bear in mind that BM's over here sell for between 30 - 50% more than in the US and England irrespective of the exchange rate.

Here's some pics...









My theory is if I keep it for 5 years and lose 10k when I sell it it still is relatively cheap motoring.

Cheers Pundit

[CiscoKid]

way to expensive here in america!!!!!


you can get it here for about 11k

[jucoart]

I have the same car, purchased three months ago in Southern Cal, immaculate but with over 100k for $7,200. Near showroom condition, runs perfectly.

[Torque]

i think thats too much...

[Leicesterboy15]

It sounds like way too much, I think what you have to do is compare it to other 5ers for sale locally and see what else you can get for the money, that should give you a good idea. Then add a percentage you think is reasonable for the mileage/equiptment/condition. I would say you could add up to around 20-30% but it all depends on how much extra its worth to you.

I paid £1400 for mine and have spent another £800 on repairs (clutch, exhaust etc) in 6 months so you could argue that I would have been better off buying a mint one for 2k, then again there are no guarantees that I wouldn't have had to spend the same on that!

If you are going to loose 10k over 5 years after paying that much, thats not really a bad deal. Be careful tho, parts can be pricey and even at 60k you may end up replacing things.

You could buy one from the UK for around 4-6k, save yourself a packet and get a holiday out of it at the same time! You would be hard pushed to find one on 60k in that condition though. Looks like a very nice car.. :P

[Torque]

i wish my car was right hand drive. not only would i drive a bimmer, but a unusual bimmer.

[Silver4evr]

I did a quick search. Found one being sold by a private party with 82k miles for around $12kUSD. All maint. records, etc. w/Premium Pack.,alarm, tint, rims.

If the markup is 30-50% more in Australia and with a dealer's markup, about $18k would sound about right depending on the options included. Maybe you can get a warranty since it has less than 100k miles.

Most of the '95 525s I saw had 160k-190k miles. To find one with only 60k miles is very unusual. Averaged over 9 years would be less than 6k miles of driving per year.

I still would have the car check by another dealer or independent mechanic that could tell you the exact condition of the motor and its components.

Good luck.