M3s and M5s 00+
10-19-2006, 10:30 AM
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M3s and M5s 00+
Lately I've seen bmw m3s and m5s 00+ in the mid price range of $20k. I remember new was like $60k for m3s and $90k for m5s. Is there any reason these cars are a lot cheaper now? In some ads the m5 cost a lot less than the m3. Did these cars have any known problems?
10-19-2006, 10:43 AM
#2
You won't find an E46 M3 for $25K unless it's been beat to pieces or has very high mileage. You definitely won't find an E39 M5 for mid $20K unless it's practically destroyed. The engine is worth $10K by itself, pretty much.
Bottom line, you're either looking at crappy cars or you're mistaken on your prices.
A decent mileage E46 M3 will run you $30K+. A decent mileage E39 M5 will run you $38K+.
Bottom line, you're either looking at crappy cars or you're mistaken on your prices.
A decent mileage E46 M3 will run you $30K+. A decent mileage E39 M5 will run you $38K+.
10-19-2006, 10:54 AM
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my friend paid $27,000 for a 2001 or 2002 M3 with 100,000 miles....and promptly had to replace parts for $2,000.
(that was funny - we laugh about it now
)
(that was funny - we laugh about it now
)
10-19-2006, 11:09 AM
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as others have said, if you've actually found E46 M3s and E39 M5s in the 20k range (even high 20s) they are probably gonna require a decent amount of maintenence RIGHT OFF THE BAT. then who knows what will happen in the next 10k miles.
-Chris
-Chris
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10-19-2006, 12:58 PM
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A quick Autotrader search turned up several CPO cars in my area for $35-40k. Granted it is alot more than $28k but at the same time, in light of all these 325i/IS250/G35 posts going around, I'd roll with a CPO Beast over one of those snoozers in a heartbeat.
PS- based on what I've seen, these cars are tanks and many owners have racked up 100,000+ miles loving every minute of it
PS- based on what I've seen, these cars are tanks and many owners have racked up 100,000+ miles loving every minute of it
