Price expected?

Diagro · 11 Dec 2016 at 21:45

Hey

Family looking to sell a BMW e39 M5 1999 in carbon black.

All proceeds to go to charity.

What would be the expected value for such a car?

Original alloys just refurbished.
Paint in a good condition for its age.
110k miles.
Perfect runner, no noises. Mot clear.

Thanks all

Marvin · 11 Dec 2016 at 21:53

Most E39 M5s (excluding unicorns) seem to be priced according to the following criteria:

<100k miles, facelift (after September 2000) = over £13k
>100k miles, facelift = £9k - 13k
<100k miles, pre-facelift = £10-13k
>100k miles, pre-facelift = £6k-10k

That was pretty much the order of things when I was looking. 110k isn't too much, Carbon Black is a great colour and if tidy I'd try for about £11k before haggling. Time of year possibly doesn't help, although if proceeds are going to charity you might be in a better position.

Diagro · 11 Dec 2016 at 21:57

Marvin said:
Most E39 M5s (excluding unicorns) seem to be priced according to the following criteria:

<100k miles, facelift (after September 2000) = over £13k
>100k miles, facelift = £9k - 13k
<100k miles, pre-facelift = £10-13k
>100k miles, pre-facelift = £6k-10k

That was pretty much the order of things when I was looking. 110k isn't too much, Carbon Black is a great colour and if tidy I'd try for about £11k before haggling. Time of year possibly doesn't help, although if proceeds are going to charity you might be in a better position.

Thanks.

If we are looking > 10k I think we will have the bonnet repainted as it's the worst part of the car.
Should help.

Thanks for the very detailed information

Marvin · 11 Dec 2016 at 22:01

No worries. Basically, more than anything else, these cars will sell on condition and history. With a complete history file with receipts, in great condition (and no rust!) it'll sell itself easily as strong money.

Diagro · 11 Dec 2016 at 22:30

Should have most of its history as been in family since new

Marvin · 12 Dec 2016 at 07:52

Perfect, should be sought after. Ensure that the one owner/family and documented history is stressed in the advert and it should be snapped up.

Gibbo · 12 Dec 2016 at 09:35

Make sure when you do the bonnet re-paint you take pictures of how it is now, sometimes a front-end respray can scare of buyers, because they do not know the true reasons for the re-paint, they might think you bumped it.

Diagro · 12 Dec 2016 at 11:10

Gibbo said:
Make sure when you do the bonnet re-paint you take pictures of how it is now, sometimes a front-end respray can scare of buyers, because they do not know the true reasons for the re-paint, they might think you bumped it.

Good idea.
The poor bonnet has hail stone damage from years ago. So would most likely get a decent replacement resprayed.
Will grab a photo later

wedrum · 12 Dec 2016 at 11:12

these fetch some good money, being in the family from new with history will attract buyers.
sort the bonnet out and any other little niggles if any.

Adz · 12 Dec 2016 at 13:52

This is quite a generous thing to do. Is there any back-story? Which charity are you giving the money to?

Diagro · 12 Dec 2016 at 17:38

Adz said:
This is quite a generous thing to do. Is there any back-story? Which charity are you giving the money to?

I will do a write up in regards to back story and why we are doing it when it comes to writing the advert

Just need to sort a few things on it before its ready for a new owner.

TS7 · 12 Dec 2016 at 17:46

You could try and contact some of these high profile charity auction type events which celebs etc attend?

Edit: however I assume the proceeds would have to go to that particular charity so you can just ignore my suggestion lol