The 2022 BMW M5 Competition Package sold for $80,500, which is strong money for a car that’s been priced 39% above fair market value.

This M5 packs a punch with its twin-turbocharged 4.4-liter V8 and eight-speed automatic transmission. With just 26,000 miles, it’s practically a baby in terms of wear. The Competition and Executive packages are icing on the cake, offering massaging seats and a premium Bowers & Wilkins sound system that add serious luxury to the performance pedigree. The striking Motegi Red Metallic paint doesn’t hurt either. For buyers in the market for a high-performance sedan that balances everyday usability with track-ready capabilities, this spec checks a lot of boxes.

While the bidding was lively at 21 bids, the final price feels inflated. The car sold for $80,500 against a fair value estimate of $58,000, which suggests it’s significantly overpriced. Sure, the low mileage and luxury features might justify a premium, but the gap is too wide here. It’s hard to ignore that this sale occurred 39% above its fair market value based on three comparable sales. That’s a steep climb for any car, especially one that’s still less than two years old.

Community reactions have been mixed. One comment from @Mic_fox1988, the winning bidder, shared a congratulatory note, but the sentiment around the price was clear: this car went for a hefty sum. It seems like a classic case of buyer enthusiasm over market realities.

For buyers hunting a similar car, be sure to check the market dynamics before jumping in. Look at comparable sales closely. Even low-mileage, well-equipped models can have their prices inflated by hype. Keep your eyes peeled for signs of overvaluation, especially if bidding gets heated. The right deal is out there, but it takes a keen eye and a bit of patience to find it.

See all BMW F90 M5 listings on [Friday's Watchlist](https://fridayswatchlist.com/search?make=BMW&model=F90%20M5).