Buying a BMW M5 from an auction help!?!?

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Buying a BMW M5 from an auction help!?!?

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Buying a BMW M5 from an auction help!?!?

Postby bridie » Thu Jan 12, 2012 7:25 pm

Im looking to buy an m5 and my friend is a dealer and he found one thats getting auctioned and it has 55,000 miles but it has theft on the title. I dont really care about the title and that it has theft because i dont want to sell it and make money off of it i just want to have it and to enjoy the car for awhile. My question is that how much do you guys think its worth and what i can get it for because i want to offer a price to the auction company. Thanks
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Buying a BMW M5 from an auction help!?!?

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Re: Buying a BMW M5 from an auction help!?!?

Postby ronald » Thu Jan 12, 2012 7:58 pm

the same question you have others will have went looking at this car so you are all in the same boat as it is said. as for price, it is worth what ever some one is prepared to pay for it based on what other cars have sold for it's age and model. add it's title and it takes value off for some so check out the market on the web and then look to any country close to you and compare to them as well and create an average from that info. if this works to your budget then that is great but wait until it is almost done before bidding so you can see you competition and how the price is jumping and make your own call
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