I cant believe the 4.8is market can be this bad.....

[m3j0n]

Originally Posted by PropellerHead

Looks like you were offered a respectful observation and then reinforced it with your responses once again. That paired against the larger downturn of sales in the automotive industry may reveal that the problems you're experiencing have very little to do with the E53.

For an example, for more than twice your offer here, I purchased an '04 just 5 months ago from an enthusiast dealer. He hit all the right checks for feedback, pictures, records and accessories. Once all of that was done, the last thing I needed was to travel and see the car in person before I drove it home over 2 days. If your market for buyers of a nice E53 is reflected in the membership here, you can add one more who would likely not have made the trip for this one with some of the responses in reviews.

You have an opportunity to listen to the feedback you've solicited here and take action on it differently than is currently reflected by previous reviews. A little tough feedback applied ever so gently can be the key to your success not just with an E53, but more likely across any item that your hard work represents, BMW or not.

You do understand that the member made statements that were completely false in regards to the vehicle/advertisement as reasons for why the car may not have sold, right? Call it combative if you want, but im simply responding to someone who didnt read the advertisement correctly, or in even its entirety, and then wants to cite false reasoning as to why the car is not worth asking price.

[PropellerHead]

Originally Posted by m3j0n

You do understand ...

Call it combative

May you navigate from here any future challenges with great success including those well beyond the E53.

[m3j0n]

Originally Posted by PropellerHead

May you navigate from here any future challenges with great success including those well beyond the E53.

thanks for your input!

[X5only]

Let's not forget the downward price pressure exerted by the all new fourth generation BMW X5 (F95) that has just hit the market. I believe 2nd and 3rd generation are also now selling for less due to this. You can imagine the 2nd generation giving the first generation stiffer competition. The choices for buyers are much wider now.

[m3j0n]

Originally Posted by X5only

Let's not forget the downward price pressure exerted by the all new fourth generation BMW X5 (F95) that has just hit the market. I believe 2nd and 3rd generation are also now selling for less due to this. You can imagine the 2nd generation giving the first generation stiffer competition. The choices for buyers are much wider now.

of course, I understand depreciation due to the new models, however, it is generally less substantial to the higher-end trim, and more rare, models of the car (i.e. M3, M5, etc.), which should be the case with the 4.8is trim of the e53. Regardless, I was comparing my car and pricing to that of other E53, not comparing the values to its newer replacement counterparts. If I didnt already personally own an X5M in my collection, I would absolutely have a 4.8is. Even jsut as an objective buyer, the 4.8is in general is a hell of a deal and a very capable machine at $10K, let alone $6k.

[jopecasa]

Originally Posted by m3j0n

Even jsut as an objective buyer, the 4.8is in general is a hell of a deal and a very capable machine at $10K, let alone $6k.

Absolutely!

But maybe RIGHT now is NOT the time to sell........

Some BMW enthusiast/s will later realized that the E-series platform is a lot less complicated to maintain and troubleshoot.......when compared to the F and G series.




Good luck on the sale though and keep us posted here!

[X5only]

Originally Posted by m3j0n

…. If I didnt already personally own an X5M in my collection, I would absolutely have a 4.8is. Even jsut as an objective buyer, the 4.8is in general is a hell of a deal and a very capable machine at $10K, let alone $6k.

Oh no, not if there's a comparable 2nd gen 4.8i or even an xDrive50i at round about the same price, yes?

[nate13]

Originally Posted by X5only

Oh no, not if there's a comparable 2nd gen 4.8i or even an xDrive50i at round about the same price, yes?

My impression is that the 2nd gen (at least earlier vintages) had a myriad of computer and mechanical issues that could go wrong, and I have always viewed the e53 as a “safe” bet relatively. Personally I won’t have an E70 in my garage without an aftermarket warranty, and would opt for a LCI version (2010), which pushes up the starting price quite a bit. Then you also have the X5M badge to consider.

It will be interesting to see if the 4.8is revives in value like the e39 M5, but from an enthusiast perspective I doubt there will be many low mileage well maintained models as the years go on, which will of course drive up the price to the right buyer. Someone needs to seed a few good auto blog posts to get the ball rolling


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[crystalworks]

Originally Posted by m3j0n

Call it combative if you want, but im simply responding to someone who didnt read the advertisement correctly, or in even its entirety, and then wants to cite false reasoning as to why the car is not worth asking price.

I said it WAS worth the asking price. But please, continue on about someone not reading. I acknowledged the recent work you put in as beneficial as well. I was simply making an observation as prop mentioned.

You have all service records. Huge plus, did miss that. So the water pump, reservoir, all hoses, crossover pipe, suspension components, VSS, alternator housing gasket have been replaced? Adding that and the mileage they were done at would be a gigantic selling point. 132k is about time for a lot of that stuff to fail.

As I said before. Good lick with the sale. I paid $15k for my 4.8is (granted 4 years ago) so people are willing to buy these things for more than $10k but they are few and far between.