Here is this car's value according to edmunds.com TMV (True Market Value):
 

Step 5 Review Edmunds.com Pricing Report
2002 BMW 5 Series 530i 4dr Sedan Shown2003 BMW 5 Series 530i 4dr Sedan True Market Value Pricing
Trade-In Private Party Dealer Retail
National Base Price $9,596 $11,269 $12,753
Optional Equipment $1,653 $1,896 $2,345
Leather Seating $315 $361 $447
Hi-Fi Audio System $280 $321 $397
AM/FM/Cassette Audio System $0 $0 $0
5-Speed Automatic Transmission $297 $341 $422
Wood Interior Trim $59 $67 $83
Sport Package $537 $616 $762
Trip Computer $52 $60 $74
Rain Sensing Windshield Wipers $23 $27 $33
Rear Side Airbags $90 $103 $127
Color Adjustment
Black
$12 $14 $15
Regional Adjustment
for Zip Code 27502
$61 $72 $81
Mileage Adjustment
101,000 miles
$-1,736 $-1,736 $-1,736
Condition Adjustment
Outstanding
$662 $741 $858
Total $10,248 $12,256 $14,316
 

 

This 530i's value according to Kelley Blue Book is $16135:
 

Blue Book Suggested Retail Value
 
Condition  Value
 
 
Excellent
$16,135
 
 
Suggested Retail Value Assumes Excellent Condition... More
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Average Consumer Rating (354 Reviews)

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4.7 out of 5 4.7 out of 5 Review this Vehicle
 
 
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Vehicle Highlights


 
Mileage:   101,000
Engine:     6-Cyl. 3.0 Liter
Transmission:   Automatic
Drivetrain:   RWD
 

Blue Book Suggested Retail Value

The Kelley Blue Book Suggested Retail Value is representative of dealers' asking prices and is the starting point for negotiation between a consumer and a dealer. This Suggested Retail Value assumes that the vehicle has been fully reconditioned and has a clean title history. This value also takes into account the dealers' profit, costs for advertising, sales commissions and other costs of doing business. The final sale price will likely be less depending on the vehicle's actual condition, popularity, type of warranty offered and local market conditions.
 
Vehicle Condition Ratings
Check Vehicle Title History
Excellent
$16,135
 
  • Looks new, is in excellent mechanical condition and needs no reconditioning.
  • Never had any paint or body work and is free of rust.
  • Clean title history and will pass a smog and safety inspection.
  • Engine compartment is clean, with no fluid leaks and is free of any wear or visible defects.
  • Complete and verifiable service records.
Less than 5% of all used vehicles fall into this category.
* North Carolina 3/3/2009

My reserve is set at way below any of these numbers! This is your chance to own this beautiful car that will impress all your friends and neighbors! This car was over $70,000 new (see below sticker price). Why spend that kind of money on a new one when you can have this for a fraction of the price?!