Quote:
Originally Posted by sunny5280
$24K might be too high. Despite the fact it only has 12K miles it's still a 2003. There are some things going for it but in the end it's still a 2003. I had a low mileage (35K miles) 1999 328i. When I sold it in mid-2010 it didn't command nearly the premium I thought it would. Later model years, with considerably more mileage, were selling for higher than what I ended up selling my car for. In the end low mileage is great but it's still a twelve year old vehicle.
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This is the last year of a low production number performance BMW.
I've been looking at low mile, no accident, full history, manual trans, one owner '02 & '03 E39 M5s and 540 M Sports (same low production #s as the 4.6is). The asking prices are normally over twice the high book/best condition values.
The owners/dealers with these "best condition" vehicles know the right person is willing to pay more.