Here’s something that really surprises me: the 2012-2016 BMW M5, also called the "F10" model, is really, surprisingly, excessively cheap for what it is. I recently discovered this when browsing used car listings, and I’m really shocked by what I’ve found.
First, a little overview of the car. Although most sources say the "F10" M5 came out for the 2012 model year, the earliest ones list on Autotrader are 2013 models, suggesting to me that the 2012 model year may have only come in Europe. These M5 models had absolutely massive power, using a 4.4-liter twin-turbo V8 that made 560 horses, mated to either a 6-speed manual or a 6-speed automatic transmission.
And now they’re great bargains. The very cheapest 2013 M5 models currently listed for sale on Autotrader are under $30,000, which is an impressive figure considering that the starting price for a new M5 back in 2013 was $92,000 — just six years ago! — and that the starting price for a brand-new one is around $104,000. And the 2013 model doesn’t look — or feel — that old compared to the latest M5, with modern styling, good technology and performance that still feels like a new car.
Of course, you might be wary of buying the "cheapest" F10 BMW M5 in the country, especially as it’ll come without a warranty — but you have options. There are currently around 25 certified pre-owned F10 M5 models listed for sale on Autotrader, including one 2015 model for under $50,000, with several others close behind. BMW’s certified pre-owned warranty offers one year of coverage with no mileage limit, though you can extend the warranty for longer coverage.
And although $50,000 isn’t exactly "cheap" — nor is it anywhere close to the sub-$30,000 price of some of the cheapest F10 M5 models — it’s still a bargain compared to the price of a brand-new M5, even though these certified pre-owned examples are just four years old. Really, this M5 may be the best performance bargain in the car business right now, combining luxury, amazing power, lots of tech and modern styling, for around price of a new 3 Series — or less.