E60 M5 Depreciation...
#41
I've found that life I needed.. It's HERE!!
i think its stupid the price of running costs for these cars, the parts should depreciate as much as the cars has... but they dont if anything the parts get increased every year! i remember looking up a new engine for one of these £45,000 with a £10,000 surcharge..
#44
#46
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...great cars, still fetching ok money if fbmwsh, fuel is a bitch on them though I am actually selling mine as i now want a 360 ..will loose money for sure but then so does most aspects of living lol.
#47
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Very capable car indeed just marred by the gearbox slow to change i have done a lot of work on these and the older e39 m5's. good ones are very realiable but steer clear of poorly maintained ones they will leave you broke and some, however if you are good with spanners they are not as bad as you might think to work on, personally i would go for the e39 m5 sleeper car of the decade imo.
#49
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The ring taxi's have to be changed quite alot as the cars don't tend to last being thrashed day in day out. A friend of mine who lives out there knows someone who works with the ring taxi's and he says they struggle to last 200 laps before the gearbox or engine let go.
I suppose they do get alot of abuse tho. Shame they won't be there anymore.
I suppose they do get alot of abuse tho. Shame they won't be there anymore.
Next time I'm there, I'll ask the German bint that wanted her photo taken with me if that is right .
As Chip says, for insurance purposes they short shift at 7k (revs to 8250), so I'd be surprised that the engines lasted only that long (as that is only 2740 miles) and when I spoke to her, I'm sure she said that it was the brakes, tyres and suspension bushes that had to be replaced around that figure, but not engine and transmission....
#51
I've found that life I needed.. It's HERE!!
see there u go trying to be a smart arse... i said parts although i suppose a tyre would fall under that category, i meant Parts as in turbos.. injectors... etc...
#52
*** Sierra RS Custard ***
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Sorry but compared to someone who is appearing to be a total retard, its actually hard NOT to look like a smart arse, just tieing my shoelaces would make me look like a rocket scientist next to your logic!
How is that any different to the tyres example?
Should a set of injectors for a 2005 M5 cost less than a 1/3rd of the price of a totally identical set for a 2011 set then?
How fucking angry would you be at the price you got charged on a 2011 car when you wanted to buy parts if you knew that they were selling exactly the same parts to other people for 1/3rd of the price just cause their car was older?
Not to mention if you went in with a nice condition white car and the bloke next to you had a scratched up brown one of the same year and all his parts were cheaper cause his car had depreciated more cause it was a crap colour and hadnt been looked after and had done lots of miles
Imagine trying to write the software that does the parts pricing
What a fucking ridiculous idea
i said parts although i suppose a tyre would fall under that category, i meant Parts as in turbos.. injectors... etc...
Should a set of injectors for a 2005 M5 cost less than a 1/3rd of the price of a totally identical set for a 2011 set then?
How fucking angry would you be at the price you got charged on a 2011 car when you wanted to buy parts if you knew that they were selling exactly the same parts to other people for 1/3rd of the price just cause their car was older?
Not to mention if you went in with a nice condition white car and the bloke next to you had a scratched up brown one of the same year and all his parts were cheaper cause his car had depreciated more cause it was a crap colour and hadnt been looked after and had done lots of miles
Imagine trying to write the software that does the parts pricing
What a fucking ridiculous idea
Last edited by Chip; 23-03-2011 at 04:29 PM.
#54
*** Sierra RS Custard ***
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Customer: I need a new catalytic convertor for my 2004 fiesta
Parts guy: Certainly sir, based on your cars market value that will be 205 quid
Customer: Shit, I only have 200 on me, hang on.
*Customer goes and keys his own car
Parts guy: That'll be 150 quid now
Customer: and a can of spray paint please
#55
st170 breaking
i quite like the colour, with beemers its a challenge to get one that wont been seen every 10 mins (whatever the spec level)
all silve then all black now all white, dont see bm's in other colours to that
all silve then all black now all white, dont see bm's in other colours to that
#56
...end of the day, if you buy a £65-70k car for full list price then you're prepared for the running costs (fuel, insurance, replacement parts) of such a car.
People can buy these cars for almost 1/4 the original selling price these days, but, they need to realise that it still made up of the same components that it was when it was brand new and so will have exactly the same (or higher given the way the world works..) running costs that it did when new.
Cheers,
Grant
#59
Customer: I need a new catalytic convertor for my 2004 fiesta
Parts guy: Certainly sir, based on your cars market value that will be 205 quid
Customer: Shit, I only have 200 on me, hang on.
*Customer goes and keys his own car
Parts guy: That'll be 150 quid now
Customer: and a can of spray paint please
Parts guy: Certainly sir, based on your cars market value that will be 205 quid
Customer: Shit, I only have 200 on me, hang on.
*Customer goes and keys his own car
Parts guy: That'll be 150 quid now
Customer: and a can of spray paint please
#60
Would be piss funny to watch though.
Customer: I need a new catalytic convertor for my 2004 fiesta
Parts guy: Certainly sir, based on your cars market value that will be 205 quid
Customer: Shit, I only have 200 on me, hang on.
*Customer goes and keys his own car
Parts guy: That'll be 150 quid now
Customer: and a can of spray paint please
Customer: I need a new catalytic convertor for my 2004 fiesta
Parts guy: Certainly sir, based on your cars market value that will be 205 quid
Customer: Shit, I only have 200 on me, hang on.
*Customer goes and keys his own car
Parts guy: That'll be 150 quid now
Customer: and a can of spray paint please
#61
I'm Finding My Feet Here Now
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I was at bruntingthorpe in 05 the same day as tiff needell was giving an E60 m5 a fair hard time talked to him about the car his comments were brilliant engine, slightly dodgy looks, pretty damn good handling for the size of the car, and a gearbox built for the autobahn not a race track, with 100 horsepower more than an e39 m5 he lapped a tenth of a second slower than an E39 i have owned and driven both on 25 odd track days imo he was pretty much spot on.
#64
Too many posts.. I need a life!!
Fuel Down by 1p i am happy love mine, but think about it this way you only lose money when you sell it and i don't plan on selling any time soon
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