Is NOW the Time to Buy? | E39 M5 Market Analysis
Tire Kickers Tire Kickers
3.63K subscribers
18,779 views
0

 Published On Feb 28, 2021

The E39 is undoubtedly one of the best BMWs to wear the M5 badge and is arguably in the running for best performance sedan ever made, regardless of automaker. Personally, I love how simple BMW's approached the E39. Body style: Sedan. Transmission: Manual. Special Packages: None. What this M5 lacks in options is made up for with an incredibly engaging driving experience. But with price-tags ranging from $70-$75,000 for the E39 brand new, it's clear that this tailored athlete demanded attention from owners' wallets. Fast forward nearly 2 decades and depreciation has effectively run its course with the third gen M5 and values are now starting to slowly climb back up. With that said, there are a ton of factors that affect the value of this generation of the M5, so today's video is intended to analyze how these factors have influenced recent, published sale history on the automotive auction site Bring a Trailer.

Check out our E39 (non-M5) videos:
   • Introducing the E39 LS3 Build! | BMW ...  
   • First Drive in the INSANE Supercharge...  
   • Here's What's WRONG with the E39 | Su...  

To summarize, the most valuable E39 M5s will be the lower mileage, late model cars that have seen exceptional care, coupled with an interesting color combo. As far as exterior colors are concerned, the reds, blues, green, and even the white M5s proved to be the most desirable when looking at our data set. In other words, M5s painted anything other than the greys, silvers, or blacks had higher average sales prices. Similarly, the standard black interior trended lower in the average sales price ranking than its more vibrant counterparts (Imola Red, Le Mans Blue, Caramel, Silverstone). M5s fitted with Dinan's signature series upgrades were much more likely to see inflated sales prices than the standard E39, which is to be expected considering that some owners reported $70,000 install bills for the top of the line Dinan S3 package.

Our BaT data also supports the notion that reported damage is not likely to ruin the E39's value, so long as the necessary repairs were handled comprehensively and everything else about the car shows legitimate care. Along that same vein, M5s with 150,000+ miles did not sell for pennies on the dollar if they were well maintained, meaning that there won't be huge discounts to take advantage of just because the car has been healthily driven.

I think the sweet spot for the E39 is in the $20-$30,000 range. You'll quickly realize why these cars are so well respected and be glad that you picked one up, but you have to be prepared to move quickly because you're competing with the likes of specialty dealers such as Enthusiast Auto Group. From my perspective, it is the near perfect E39 M5s with low miles, a desirable color combo, and the top tier Dinan Packages that are seeing considerable appreciation. I'd argue that there will still be "attainable" cars for awhile, they just might require a little more work and attention than the pristine examples.

Don't forget to like and SUBSCRIBE so you can help us grow the channel! Thanks for watching!

Bring a Trailer: https://bringatrailer.com/bmw/e39-m5/
Hagerty: https://www.hagerty.com/apps/valuatio...
Enthusiast Auto Group: http://enthusiastauto.com/qsearch/?fo...

If you're interested in more E39 M5 content:
https://www.hagerty.com/media/car-pro...
https://bmwmregistry.com/model_faq.ph...
https://www.m5board.com/threads/diffe...
https://www.bmw-m.com/en/topics/magaz...
https://www.motortrend.com/cars/bmw/5...
https://rightfootdown.com/featured-ca...
https://www.caranddriver.com/reviews/...
https://pictures.dealer.com/crownbmwg...
https://www.autotrader.com/car-review...

show more

Share/Embed