A 2001 BMW M5 painted in a rare shade of Royal Red is currently up for sale in Bellevue, Washington with an asking price of $59,950.

The E39-generation M5 has arguably the most timeless design of any M5 and pristine examples like this one are starting to fetch quite a lot of money. Adding to the desirability of this example is the fact that it has 20,241 miles (32,574 km) on the clock, which are relatively little for a vehicle of this age. It is also said to be one of just eight examples with this paint color and a black interior.

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Responsible for selling this car is Park Place Ltd, who states that it has only ever had one owner from new. It has been fitted with a Dinan carbon fiber cold air intake, Dinan stainless steel exhaust, and a protective front bra. It also includes a selection of optional factory equipment such as Burl walnut wood trim, power rear window sunshade, metallic paint, and lockable fold-down rear seats.

Despite the vehicle’s age, it left the factory with a host of nice luxury items. For example, there are Xenon headlights, daytime running lights, heated wing mirrors, rain-sensing wipers, and heated 16-way power sports seats. The paint looks to have been very well cared for and it is the same story with the interior. In fact, with the exception of some creases in the leather seats, the cabin barely looks a day old.

Powering the E39 M5 is a 5.0-liter naturally aspirated V8 with 394 hp and 369 lb-ft (500 Nm) mated to a six-speed manual transmission.