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Thread: Is $8k a good price for an M5?

  1. #1
    Join Date
    Mar 2005
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    California
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    Default Is $8k a good price for an M5?

    There is a 1993 M5 with 191k miles near me for $8000. It has some nice mods, and it looks to be in good - great shape. Just wondering if that was a good price.

  2. #2
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    Doesn't sound too bad to me!

    94 540i / 255k / 165k on the alusil / E.A.T. chip / Power Discs w/Akebono Pro Ceramic / E39 type 33's

    -Brandon G

  3. #3
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    191k miles is too much i say. It might still be "ok" miles for other cars, but this is an M5. Those are 191k miles of hard driving.

  4. #4
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    check it out closely, never know if its feast of fammon. M/5s are sweet!
    95 E34 530I V2.37
    ===========
    Those who make peaceful revolution impossible will make violent revolution inevitable.

    John F. Kennedy

  5. #5
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    Just remember that a motor rebuild on that car will run well over 10K. More like 15K. The suspension bits are a bit more expensive on it, but not that bad. The rest is just standard E34 stuff. If the car is good cosmetically and you have the funds around to fix it should something tragic happen, go for it.

  6. #6
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    191k without a rebuild is asking for trouble. Are you trying to buy it? You just got your car as a present!

  7. #7
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    Quote Originally Posted by digitaldragon03
    191k miles is too much i say. It might still be "ok" miles for other cars, but this is an M5. Those are 191k miles of hard driving.
    Just because it was designed to be driven hard, doesn't mean the prior owner did so.

    They may have driven normally... hell, that mileage sounds like alot of highway & freeway miles.

    I would inquire about past ownership as much as possible.

    94 540i / 255k / 165k on the alusil / E.A.T. chip / Power Discs w/Akebono Pro Ceramic / E39 type 33's

    -Brandon G

  8. #8
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    If the person wanted to not push the car to its limits, we would have gotten a 525. You buy an M to drive it hard.

  9. #9
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    Quote Originally Posted by digitaldragon03
    If the person wanted to not push the car to its limits, we would have gotten a 525. You buy an M to drive it hard.
    Sure you or I would, but some people buy things to say they have them, the status, that little badge on the car. They may have babied it.

    Remember, the M5 (albeit a super saloon) is still a saloon. So I wouldn't automatically assume that it was driven like a porsche or ferrari. It seems like people with the highest performance cars, rarely drive them the to their peak performance... alternately, those with cars unfit for such driving (fartypipe civics & eclipses)... always tear ass around like a meth head searching for the truckload of cold medicine and bleach that just flipped over.

    Plus it's still an E34, that's a seriously stout platform. He'll just have to drive it awhile to know how much wear it's had.

    94 540i / 255k / 165k on the alusil / E.A.T. chip / Power Discs w/Akebono Pro Ceramic / E39 type 33's

    -Brandon G

  10. #10
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    didnt a low mileage m5 just sell for arounf 23K???And seriously how hard CAN you drive an M5.Its likely to have been driven the same as most of us drive our cars now,even m5s have to stop at traffic lights ...etcetcetc
    Gone but not forgotten

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