I agree, $15k is a bit high. I bought mine around 80k for $18k, but that was also around 03. I paid $22k for the E34 M5 in 01, and they wanted around $26k initially...there is always room for negotiating. Sadly, I see 7's all over CL for under the $10k, but they're mostly unmaintained and abused examples that people dumped because they finally figured out that the 7 series is the epitome of the BMW acronym, Bring My Wallet.

I knew what I was getting into when I purchased the X since it shares the same engine, but some people buy them and are just beside themselves once they start fixing the usual M62/M62TU problems...MAF's, intake manifold, valley pan gasket, etc since the PO never did it and then dumped the car for next to nothing, leaving the next owner with the problem. I purchased my car even after a good buyers inspection but an iffy noise in the drivetrain. Within 4k of ownership, the engine ate itself alive when the timing chain guide came off, and it got ugly going 70MPH down the highway. Come to find out that the PO had overheated the car, blew the headgasket and had some halfass shop do the repair, hence the expensive rebuild that brought the 7 to where it is today. I still wonder how my (sometimes misguided) devotion would be to BMW had I found the Audi S/A8L I wanted, but they we're easily twice as much and so rare at the time.

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