Red/Black '91 M5 for sale- quick

[borderchris]

And condition truly is the deciding factor. Obviously, this is not a run of the mill old M5- it is a rareity; hence, the asking price is not the prime factor in a serious buyer's mind, rather, it is whether or not they want a truly fabulous e34. As e34's go, this is about as good as you can get, possibly competing with a late e34 with a V8. Nice car- good luck...

Chris

[onewhippedpuppy]

While I have no personal opinion on this matter, I will offer KBB.com's take on it, in the So Cal market: $6800 wholesale, in excellent condition. With a 3500 pack on it, these sell for about $11 to $12K out here, when you do see them. If it's in truly excellent condition, it's worth about $12,000 in this market- seriously. If you all don't believe me, do a '91 M5 with 101K at KBB or edmunds- Although it is market based, and there are a lot of old M5's here in So Cal... BOL!

Chris

I have yet to see an accurate KBB or Edmonds value for a limited production collector car. The numbers are simply too low to get a good sampling for an accurate value. Especially as the cars get older, the price range gets larger. You can find a ragged out E34 M5 for $6k, or a perfect one for $20k. There's just not enough cars sold for them to gather accurate information, all their values are basically statistics anyway. Only way to really gauge the market is to look for a while and see what the asking and selling prices are, or a market report in a specific enthusiast based magazine. They actually take the time to look at the condition and particulars of the cars to form their value.