How Much Should I Pay: 2004 BMW 5-Series
Question From Kynan: What is the going rate for a 2004 BMW 525i at an auction if it is in good condition? Is it worth the price?
MuscleCarGuy: Hi Kynan. Welcome back to AutoBragBlog, where we do all the car price researching for you.
For a 2004 BMW 525i with 50,000 miles (Average), prices range from $22,400 (being in above average condition) to $19,450 (being in average condition) and $16,600 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $18,600 to $25,500.
For 2009 the BMW 5-Series will be redesign, and with that the price for the older model will depreciate substantially. I would suggest you to buy the 2006 BMW 3-Series. It is about the same price for a newer car with less mileage and still under factory warranty. Good luck and keep us posted on how the purchase goes! Don’t forget to tell your friends and family about our free personal service.
