Yea, way too much. You can find e39s for that price on the regular market. I thought maybe at a police auction these would go for 3-4k.
1998 BMW 328is - summer
1993 BMW 525i - daily
1994 BMW 325i - sold
1992 BMW 325i - gone
1988 Mercedes Benz 190E 2.3-8V - sold