When it first came out, the X5 was a big deal. The notion of BMW making an SUV didn’t sit well with the brand’s hardcore fans at the time. But the brand managed to pull it off, and today, the X5 is one of its best selling vehicles.

However, some people still seem to have an affinity for the generation that started it all, and that is exactly the case with this 2006 X5 4.8is that’s going for $50,000.

While that might sound like a ridiculous price, there are some merits to this car. Most notably, it’s a real time capsule, with only 6,920 miles on the odometer. There are surely many one-year-old X5’s with more miles on them, and this one is 15 times their age. Its other redeeming trait is the fact that this is a 4.8is, one of the most desirable first-gen X5 variants and the closest you could get to a thoroughbred M version of an SUV that, at the time, had replaced the pre-facelift 4.6is.

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The 4.8is was from a time when numeric model names were actually reflective of the car’s engine, and as such this X5 sports BMW‘s 4.8-liter N62B48 V8. That engine pumped out a respectable 362 hp (367 PS / 270 kW) and 361 lb-ft (490 Nm) of torque, and allowed the 4.8is to sprint to 60 mph (100 km/h) in just 6.1 seconds, very impressive for most cars of that era, let alone a big, heavy SUV.

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This particular X5 is listed for sale on eBay and was purchased from its previous owner back in 2009, where it had just a mere 100 miles on the clock. According to the seller, it’s been fastidiously maintained, garage kept its entire life, and has “never seen snow or rain”. It also has a 3M paint protection film on the front bumper, hood, and front quarter panels.

With all that being said, is it still deserving of that $50,000 price tag? On one hand, it’s a low-mileage, final model year example of the most desirable first-gen X5, but on the other hand, it’s still a 15-year-old BMW that’s not really viewed as a collectible. What do you think? Let us know in the comments.