The BMW M5 is one of those eternal models, capable of making some people pay small fortunes to add one of these cars to their collection. As proof of this, we bring you a M5 E39 2003 which has just been sold for 199 990 dollars, something like 168 000 euros.
When these types of sums are involved in the sale of a used BMW M, usually the protagonist is an M3 E30, which is generally more appealing to fans of the Munich brand. But an M5 E39 sold at these values is unheard of.
But after all, what made someone pay almost 200 000 dollars for this “bimmer”? Well, the answer is simple: your condition and low mileage.
In an interview with Road and Track, Eric Keller, owner of the dealer responsible for selling this M5 — Enthusiast Auto Group in Cincinnati, USA — revealed that the value of this copy reflects its scarcity, as most owners of the M5 E39 originals did not treat them as future collectibles, so most copies have very high mileage.
According to Keller, this model sold by his company has only 5080 km on the odometer, which makes it — according to Keller — the BMW M5 E39 with the lowest mileage in North America.
only had one owner
In addition to the fact that it has such low mileage and is in an immaculate state, there are two other factors that help explain the value of this model: it has only had one owner since it left the factory; and it's 2003, the last year this model was manufactured, so it has all the updates that the Munich brand has introduced during the model's lifetime.
It could have been more expensive…
Yes, they read well. If it weren't for the “Carbon Black” paint, one of the most common specifications of the 9992 copies of the M5 E39 that BMW exported to North America, this model could have yielded even more.
According to Keller, if this copy had a rarer color it could have been sold for $275,000 (about €231,000), which only confirms the old maxim that things are worth what someone is willing to pay for them. . And it turns out, there are those who are willing to pay a lot of money for an M5 E39…