jjs 60 Report post Posted April 1, 2014 I bet the E60 M5's dont sell in a hurry either, them being priced closed to the E39 tells you everything.For me it just comes down to who wanting which car at the time, most enthusiasts would take the E39. The two models attract different buyers so not really relevant here. I think your E39 M5 is very nice, but rightly or wrongly I wouldn't buy it purely because it is a Singaporean import. People will want to see FULL history from new too. As it hasn't sold the market is telling you it is overpriced. Plain and simple. Quote Share this post Link to post Share on other sites
DaveO 47 Report post Posted April 7, 2014 Overpriced, perhaps. Although, as many people have mentioned, it is quite a specific target audience market. So maybe it's not overpriced and the right buyer just hasn't shown him/herself yet. I have had 3-4 offers from trademe for people offering $25k - $26k. So have the option to fall back to this. However I am not really in a crazy rush to sell it, and as have said earlier, would rather sell to an actual enthusiast or bimmersport member. I know when I bought the car 6 months ago for $27,000, that there were 3 or 4 people fighting over it (after being on trademe for only ONE day), and if I didn't take the day off work to go check the car, have it inspected, and buy it, it would have gone elsewhere. Since then I have put a full set of new tyres on the car ($1600), as well as replacing the 'angel-eyes' with white lighting instead of yellow, as well as a Jerry Clayton BMW service ($600ish). All I am looking to do is break even. Someone come and take the car away for $29,000... 1 Quote Share this post Link to post Share on other sites
deeveus 81 Report post Posted April 7, 2014 Overpriced, perhaps. Although, as many people have mentioned, it is quite a specific target audience market. So maybe it's not overpriced and the right buyer just hasn't shown him/herself yet. I have had 3-4 offers from trademe for people offering $25k - $26k. So have the option to fall back to this. However I am not really in a crazy rush to sell it, and as have said earlier, would rather sell to an actual enthusiast or bimmersport member. I know when I bought the car 6 months ago for $27,000, that there were 3 or 4 people fighting over it (after being on trademe for only ONE day), and if I didn't take the day off work to go check the car, have it inspected, and buy it, it would have gone elsewhere. Since then I have put a full set of new tyres on the car ($1600), as well as replacing the 'angel-eyes' with white lighting instead of yellow, as well as a Jerry Clayton BMW service ($600ish). All I am looking to do is break even. Someone come and take the car away for $29,000... I thought you'd said you had an offer for 27k? At only $2000 over 6 months loss, I'd take the the 27 slides and move on personally and I'd class the tyres and lights just maintenance, i.e 2k on maintenance on a M car isn't that greater deal If it had been a new car, you'd have lost far more than that! 2 Quote Share this post Link to post Share on other sites
DaveO 47 Report post Posted April 13, 2014 (edited) SOLD for 26.5k - a bit less than I hoped for, but am super happy to be selling it to another enthusiast (who currently drives an e34 m5) I will miss this car :'( Edited April 14, 2014 by DaveO 1 Quote Share this post Link to post Share on other sites
MISS BM 712 Report post Posted April 13, 2014 (edited) SOLD. I will miss this car :'( Past it at the Takanini Off ramp Bp... Stunning car Edited April 13, 2014 by Amber-Leigh Quote Share this post Link to post Share on other sites
DaveO 47 Report post Posted April 14, 2014 Past it at the Takanini Off ramp Bp... Stunning car Thanks :-) It feels like I spend half my life at the Takanini BP, damn thirsty cars! You might spot my E60 there next time. Come say hi. 1 Quote Share this post Link to post Share on other sites
Tristan 338 Report post Posted April 15, 2014 Congrats on the sale and good stuff for passing it on to another enthusiast! Enjoy the E60. Quote Share this post Link to post Share on other sites
piiiiij 22 Report post Posted April 15, 2014 am super happy to be selling it to another enthusiast (who currently drives an e34 m5) How much does he want for the E34? Quote Share this post Link to post Share on other sites
DaveO 47 Report post Posted April 15, 2014 How much does he want for the E34? Hahaha, was the first question I asked him. I think he's selling it for around 15 but will ask him more about it when he picks up the E39 Quote Share this post Link to post Share on other sites
piiiiij 22 Report post Posted April 15, 2014 Hahaha, was the first question I asked him. I think he's selling it for around 15 but will ask him more about it when he picks up the E39 Keep me updated, could be very keen! Quote Share this post Link to post Share on other sites
MISS BM 712 Report post Posted April 15, 2014 Thanks :-) It feels like I spend half my life at the Takanini BP, damn thirsty cars! You might spot my E60 there next time. Come say hi. Had a horse on board or I would have done a Uturn and asked for a quick listen 1 Quote Share this post Link to post Share on other sites
