2003 M5, 8k Mi, Mint Condition... Dfw, Tx... - BMW Forum - BimmerWerkz.com
M-Series (M1, M3, M5, M6) General M-Series Discussion - If it does not fit into a more specific M Category above, please place it in here. In addition, previously archived M-Series discussion is located in this section.

 
LinkBack Thread Tools Display Modes
#1 (permalink) Old 11-07-2004, 01:30 PM
n00b
 
Join Date: Nov 2004
Posts: 1
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
bronson90 is an unknown quantity at this point
(Thread Starter)
I am very interested in selling it. I have thought of giving ebay a try. What do you all think it is worth? Obviously, I know what I paid. What will the market bear right now? Garage kept, only been in rain twice. Perfect conditon. Black/black with every option except the rear window shade. Please email me directly.

Bronson90
bronson@blackson.net
bronson90 is offline  
Sponsored Links
Advertisement
 
#2 (permalink) Old 11-07-2004, 01:48 PM
Science Roolz!
 
Join Date: Aug 2004
Location: Indianapolis, Indiana
Posts: 7,043
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
SHAHAB323IS is a name known to all SHAHAB323IS is a name known to all SHAHAB323IS is a name known to all SHAHAB323IS is a name known to all SHAHAB323IS is a name known to all SHAHAB323IS is a name known to all
Send a message via AIM to SHAHAB323IS
SHAHAB323IS is offline  
#3 (permalink) Old 11-19-2004, 03:13 PM
n00b
 
Join Date: May 2004
Posts: 25
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Bret is an unknown quantity at this point
Need more information. A 2003 could actually be anywhere from 6 to 26 months old. At this point in the cars life, the remaining warranty period can add significantly to the value as there could be from 22 to 42 months left of the 4yr/50K mile warranty. Since you're the original owner, it obviously is not a CPO car with an extended warranty.

I purchased my 2001 in Oct 2003. Since my car was purchased new in Nov 2000, it was 35 months old and had 35K miles on it when I got it. Mine is a CPO car, so my warranty goes to 6yr/100K miles. I feel my car was in above average condition compared to the other 6-7 cars I looked at before buying this one. I feel I got a good deal at $49.9K, which represents $25K of depreciation over the first 3 years of the car's life.

Even with the low mileage and the actual age since purchased, by the calender year, it's 2 years old, as 2005's are already on the road. If you really want to sell it as opposed to just talking to people, I wouldn't ask over $64k and would be looking to settle for $60-61K.

Aside from going into winter, now is a good time to sell because a person looking for an M5 has to settle for a 2000-2003 model. This means your car is more desireable. By next spring, a prosepective buyer might be more interested in the new 2005 model than the 2000-2003 body style. Also, the basic fundamentals of supply and demand will come into play. Right now supply is low because there are currently no new M5's on dealer lots so if you want one, you have to buy used. Next year there will be a fresh supply of new M5's as well as a surge of used ones coming to market as owners of 2-5 year old cars purchase the new model and sell there old ones.

Just my humble opinion. Hoping to hear feedback from others.
Bret is offline  
#4 (permalink) Old 11-19-2004, 03:36 PM
1st Gear Member
 
Join Date: Jun 2004
Posts: 124
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
gpoints is an unknown quantity at this point
I think Bret hit the nail on the head. IMO, time left on the warranty is a major factor on what you might expect to get. I think you shoule get no less than $60K. I think mid to high $60's is fair though. Good luck.

Are you making room for the new M5 or what?
gpoints is offline  
#5 (permalink) Old 11-20-2004, 07:36 PM
n00b
 
Join Date: Jun 2004
Posts: 4
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
ARH1956 is an unknown quantity at this point
Nevermind, I read it as an M3...
ARH1956 is offline  
#6 (permalink) Old 11-30-2004, 08:34 PM
n00b
 
Join Date: Oct 2004
Posts: 7
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
saildad is an unknown quantity at this point
Just bought an identicle car to yours. Searched for months as my 2002 with 50,000 miles was coming up at lease end and could buy frm Chase for $46,000 without warrenty. Paid $65,000 for the 2003 with extended warrenty from dealer in Massachusetts. Hope this helps.
saildad is offline  
#7 (permalink) Old 11-30-2004, 08:39 PM
You Can Has A Custom Title!!
 
skawful's Avatar
 
Join Date: Apr 2004
Location: Phoenix
Posts: 2,090
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
skawful is an unknown quantity at this point
Send a message via AIM to skawful
Take into account that the new M5 will be over $100,000... its like the e36 M and the e46 M... they aren't the same car: so they don't effect demand of eachother...

<img src='http://img259.imageshack.us/my.php?image=sig8hw.jpg' border='0' alt='user posted image' />
skawful is offline  
#8 (permalink) Old 12-01-2004, 12:27 PM
Neutral Member
 
bitchincamaro's Avatar
 
Join Date: Sep 2004
Location: Kansas City, MO
Posts: 86
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
bitchincamaro is an unknown quantity at this point
lets see a picture...sounds sweet...
bitchincamaro is offline  
#9 (permalink) Old 12-02-2004, 07:47 PM
3rd Gear Member
 
mrogers's Avatar
 
Join Date: Feb 2004
Location: West Lafayette, IN
Posts: 552
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
mrogers is an unknown quantity at this point
Quote:
Originally posted by skawful@Nov 30 2004, 08:39 PM
Take into account that the new M5 will be over $100,000... its like the e36 M and the e46 M... they aren't the same car: so they don't effect demand of eachother...
[snapback]240862[/snapback]
Three separate articles I've read, including ones in Bimmer and Motor Trend magazines, put the price at just over $80k.

Anyone who ever buys used cars online, anyone even THINKING of starting a &quot;Is this deal too good to be true?&quot; thread, anyone who wants to be more educated about protecting themselves must <a href='http://www.carbuyingtips.com/fraud.htm' target='_blank'>read this</a>.

<img src='http://www.3xmk.com/mrogers-files/forums/bmw/bmw_sig_small.jpg' border='0' alt='user posted image' />
mrogers is offline  
Sponsored Links
Advertisement
 
Reply

  BMW Forum - BimmerWerkz.com > BMW Model Specific Forums > M-Series (M1, M3, M5, M6)


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
User Tag List

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
FS: Canadian 1998 E36 M3 in MINT CONDITION Tiwe Classifieds Sell & Buy 0 01-27-2004 04:05 AM
BMW Group Sales for 2003 Stacy540i Bimmer Talk/Motorsports Talk 0 01-05-2004 01:10 PM
BMW Z4 Recognized as Most Stylish Car of 2003 SpeedsterBMW 1,6,7,8 - Series and Mini Cooper 25 06-26-2003 11:15 PM

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome