The BMW E60 M5 has long been considered a modern classic, beloved by enthusiasts for its high-revving V10 engine, groundbreaking technology, and engaging driving experience. However, many potential buyers and owners are left wondering: Will the E60 M5 go up in value?
Will the E60 M5 go up in value?
**The answer is yes, the E60 M5 has the potential to go up in value in the future.**
The E60 M5 is a significant car in BMW’s history, being the first M5 to feature a V10 engine and a seven-speed SMG gearbox. As a result, it has garnered a cult following among enthusiasts who appreciate its unique blend of performance, luxury, and technology. Over time, as fewer examples remain on the road due to accidents, neglect, or modifications, the value of well-maintained, stock E60 M5s is likely to increase.
What factors could contribute to the E60 M5’s appreciation?
1. **Limited production numbers**: The E60 M5 was produced in relatively small numbers compared to more recent M5 models, making it rarer and potentially more desirable in the future.
2. **Uniqueness of the V10 engine**: The high-revving, naturally aspirated V10 engine in the E60 M5 is a standout feature that sets it apart from other sports sedans of its era. As emissions regulations become more stringent and automakers switch to turbocharged engines, the V10-powered E60 M5 could become even more sought after.
3. **Cultural significance**: The E60 M5 represents a turning point for the M5 lineup, introducing a new level of performance and technology that influenced future generations of the car. As enthusiasts look back on this era of BMW M cars, the E60 M5 is likely to be remembered as a standout model.
4. **Well-maintained examples**: As time goes on, the number of well-preserved, low-mileage E60 M5s is likely to decrease, further driving up the value of pristine examples.
What are some potential drawbacks to owning an E60 M5?
1. **High maintenance costs**: The V10 engine in the E60 M5 is known for being expensive to maintain, with issues such as rod bearing failure and throttle actuator problems being common.
2. **Complex electronics**: The E60 M5 is packed with advanced electronics and technology, which can be prone to failure and expensive to repair.
3. **Fuel consumption**: The V10 engine in the E60 M5 is notorious for being thirsty, especially when driven aggressively.
4. **SMG gearbox**: The optional SMG gearbox in the E60 M5 has a reputation for being jerky and unreliable, leading many owners to convert to a traditional manual transmission.
Is it a good idea to buy an E60 M5 as an investment?
**While buying an E60 M5 solely as an investment may not be the best idea due to the associated costs of ownership, enthusiasts who appreciate the car’s unique attributes and are willing to properly maintain it may see the value of their vehicle increase over time.**
What should potential buyers look for in an E60 M5?
1. **Service history**: A comprehensive service history is essential when buying an E60 M5, as it can help determine the car’s maintenance and repair needs.
2. **Originality**: Look for E60 M5s that are unmodified and well-preserved, as these examples are likely to be more valuable in the long run.
3. **Mechanical condition**: Have a pre-purchase inspection performed by a knowledgeable BMW technician to identify any potential issues with the engine, gearbox, and suspension.
4. **VIN number**: Check the VIN number to ensure that the car is a genuine E60 M5 and not a clone or replica.
What are some common modifications to the E60 M5?
1. **Exhaust upgrades**: Aftermarket exhaust systems can improve the sound and performance of the V10 engine in the E60 M5.
2. **Wheel upgrades**: Many owners opt to upgrade the wheels on their E60 M5 for a more personalized look.
3. **Suspension upgrades**: Upgraded suspension components can enhance the handling of the E60 M5 for a more engaging driving experience.
4. **Tuning upgrades**: ECU tunes and other performance upgrades are popular among E60 M5 owners looking to extract more power from the V10 engine.
What are some potential future trends that could affect the value of the E60 M5?
1. **Classic car market**: The overall health of the classic car market could impact the value of the E60 M5, as changing consumer preferences and economic factors may influence the desirability of certain models.
2. **Shift towards electric vehicles**: The increasing adoption of electric vehicles could make traditional performance cars like the E60 M5 more desirable as collector’s items in the future.
3. **Interest from younger enthusiasts**: As younger generations enter the classic car market, their preferences and buying habits could influence the value of the E60 M5 and other modern classics.
4. **Popularity of BMW M cars**: The continued popularity of the BMW M brand and its heritage could help drive up the value of iconic models like the E60 M5.