Heroshot

2002 BMW M5

Amelia Island 2020 - Gooding & Co.
Friday, 6 March - Saturday, 7 March 2020
$62,720
Sale Price
26
Lot Number
#2-
Original
Gooding & Company
Auction House
Chassis No. WBSDE93402CF91563. Titanium Silver over black leather. 4941- cc, 394-hp V-8. 6-speed manual. M wheels, Michelin Pilot Super Sport tires, sunroof. Wood dash and console trim, books, and tools.

Evaluation: Original | This one-owner car has 22,000 miles but looks like it
has only a tenth as many. Recently serviced at Enthusiast Auto Group. A handful of tiny chips throughout, but they’re easy to ignore. Clean underneath. No serious wear to the interior. A very good example.

Bottom Line: The third-generation (E39) M5 was the first with a V-8 and arguably the best-looking. No longer just used sports sedans, they’re increasingly coveted by BMW fans drawn to their
balanced chassis, balanced styling, and increasingly rare combination of naturally aspirated engine and manual gearbox in a comfortable luxury car. This one didn’t quite equal its original MSRP of 70 grand, but it definitely wouldn’t have sold for this much only a couple of years ago. Mothballed, delivery-mile M5s, meanwhile, are already seriously collectible. Gooding even sold a 500-mile car in Pebble Beach two years ago for $176,000, but this is clearly a better value for someone who wants an M5 to have fun with.

by Hagerty Editor
1 February 2020
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.