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2006 E60 M5's are selling in the mid to high $40K range

Old Jun 26, 2008 | 05:16 AM
  #21  
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A ton of depreciation, but also high gas prices are bringing the prices down even further. Not a good time to be selling a v10 performance sedan that gets about 10mpg.
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Old Jun 26, 2008 | 05:22 AM
  #22  
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Originally Posted by E60BEEMER' post='610422' date='Jun 26 2008, 09:00 AM
fuk me (pardon my french)

BUT THATS LIKE ?20K OR LESS, Thats like being half price if compared with the God damn UK Prices!!!!
Yep...makes you want to move doesn't it!
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Old Jun 26, 2008 | 05:36 AM
  #23  
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Originally Posted by UUronL' post='610417' date='Jun 26 2008, 08:49 AM
Performance cars like M5s are really taking a hit because so few people are indulging with purchases like that now.

tell me about it... I have been watching the prices on used Lotus Elises, and they are falling through the basement. You can get ones with less than 10k miles on them in the $29k to $32k range. If I can hurry up and get my 5 paid off, I will start looking for one.
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Old Jun 26, 2008 | 06:02 AM
  #24  
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You want to see depreciation? How about this 2006 550i for $24,495? Ouch.
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Old Jun 26, 2008 | 06:13 AM
  #25  
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anybody can post anything, esp scummy dealers trying to bait and switch people. Ended ebay auctions dont mean anything, and Id venture to say that more than 50% of "sold" cars on ebay, fall through.
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Old Jun 26, 2008 | 06:31 AM
  #26  
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Originally Posted by 1esquire' post='610439' date='Jun 26 2008, 08:36 AM
tell me about it... I have been watching the prices on used Lotus Elises, and they are falling through the basement. You can get ones with less than 10k miles on them in the $29k to $32k range. If I can hurry up and get my 5 paid off, I will start looking for one.
Before I got mine I was looking at a Elise for sale, he was asking $26k! It had 24k miles, it was mint condition to. I wanted to get it so bad, but insurance would be like $600 a month for me on that thing.
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Old Jun 26, 2008 | 07:49 AM
  #27  
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Originally Posted by tachyon' post='610447' date='Jun 26 2008, 08:02 AM
You want to see depreciation? How about this 2006 550i for $24,495? Ouch.
That is damn good price..... Is BMW falling the reputation? It seems converting as a domestic car!?
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Old Jun 26, 2008 | 07:59 AM
  #28  
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Originally Posted by tex_phil' post='610199' date='Jun 25 2008, 10:09 PM
Holy **** look at this.
http://tinyurl.com/5vctd2
http://tinyurl.com/5t5v6g

You guys weren't kidding!
Someone buy that 06 for 40k!
Pretty sure it's a scammer. Same guy (using same zip code around Dallas) posted a few months back when I was still looking. I recognized the picture he posted as one from a Denver Exotic Car dealership. He's just taking people's pictures and posting them. He will post about 9 of them and when you ask for more he'll send you the rest he stole from someone else.
The last time he had his accounted listed as in Dallas but his phone number was in Arizona and the car description showed California. Not only a scammer, but a bad scammer.
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Old Jun 26, 2008 | 11:07 AM
  #29  
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In the UK an M5 is depreciating like a stone.

This car

http://www.bmw.co.uk/bmwuk/auc/car_details...SNB92010CU17295


with that spec would have cost about ?74,000 ($150,000) new in December 2005 and is now for sale at ?39,000 ($78,000) -Ouch ! A big loss over 30 months.

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Old Jun 26, 2008 | 12:26 PM
  #30  
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Repairs on an M5 not under warranty are very pricey. This could be a contributing factor to the low prices in addition to the gas price issues mentioned here.
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