To buy or not to buy.....540i lo mileage

[ggbrands]

1997, 63K miles, black on tan. Assuming good/very good condition, is $17,500 a decent price?

Your opinions, pls.

Thanks.

 

[Ghost]

That’s about average for a private party sale. It would be a good deal if it came with a CPO warranty and the complete sports package.

 

[MadMacs]

Sounds reasonable. Depending on the build date, the afforementioned "sport package" would not have been available. '97 was the first year for the e39 and although mine has 100% options - which included a "sport pkg" - it's hardly that at all. Expect the steering to be mushy in comparison to a true "M" package which was added later. Check the car out and if it has the M steering, it's a later 97 build - THAT would be a pretty good deal if in great shape. Oh, CPO is not avail - on 97 even with DEMO warranty extension AND CPO it would have lapsed by 2002 or 6yrs after "in-service" date.

 

[Montana]

I bought mine a fw months ago for $19,500. It had 92K miles on it. It's a 98 6speed.