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It really depends on how it has been maintained (archive)

[ Follow Ups ] [ M5 (E34) Message Board ] [ Msg. Board FAQ ]

Posted by Jeff on March 01, 2002 at 00:41:04:

In Reply to: 1993 M5 posted by wtmcm6 on February 27, 2002 at 17:54:44:

I just bought a red, '88 M6 a couple of months ago and am looking at a very low mileage red, '93 M5. Question, how much should that car sell for? I paid a premium for my M6 becasue it had only 45k miles and is perfect. Am willing to do the same for this M5, but you guys know what it should sell for better than me.

Low mileage not withstanding. I have a similar situation to you. I bought in June an 88 M6 with 40k on it for what I felt was a very reasonable price. I believe the car was concours. About three years ago I bought a 1991 M5 with 20k miles on it. I have discovered the car basically sat in a garage for years, not particularly well taken care of. That's the bad news. The good news is I got the car at about 60 percent of market value at the time--so I had plenty of wiggle room, plus I got a warranty which has paid for itself about four times over. Hit me with an e-mail if you have any questions.

Good luck.

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