This E28 M5 was the car Dinan used for R&D to create their own modifications to supplement BMW’s upgrades to the platform. Not only does that make it a cool piece of American tuner history, but it clears the air of any pretension or garage-queeniness. This M5 has been used and worked on from the get-go. That makes things like the Euro bumpers, recovered seats (now without heat), and early engine rebuild (likely due to the early testing?) not as big of issues. It’s a very clean and good-looking M5 with a fun – if not flawless – history. Even with over 100k miles and bumper conversions, clean E28 M5s have been garnering some serious attention and money. A colorful but respectful past just seems like more of an excuse to drive a great M5 if you can afford it.
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Last week I wrote up a gorgeous E34 540i/6 M-Sport that was listed just below $20k. Seems that most people thought the price on that was too high, despite the low miles and it’s owner being a long time BMW enthusaist. So, when I saw this ’91 M5 on Pelican Parts with a sale price about $2k lower than that of the 540i, I knew I had to write it up. I’m interested to see what ya’ll think of this deal, because while this car has nearly double the miles of the 540i, it has some Dinan bits, and it’s an M5. Is this car really so special that it warrants the price being within a months rent of a 540i with much lower miles?
Yes. Yes it is.
This is the E34 M5 we’re talking about here. This is THE Bimmer of the 90s. I acknowledge how cool the 540i M-Sports are, but I’m an enthusaist, and I’m the target audience for specialty models. The M5 is popular with everyone, and if you’re looking to get into a young timer classic, name recognition is important. There might be more costs upfront but the return on investment will be higher as well. Five or ten years down the road, when you’ve had your fun and are ready for something different, what would you rather be listing, an M5 or a 540i/6 M-Sport? The answer should be M5 every single time, that is if you’re into making some money on the deal. I’m not saying that isn’t possible with the 540i or any other specialty variants that were similar to a top dog car, but I know it’ll be harder.
Name recognition goes a long way and down the road when the bubble on 90s German vehicles bursts, you’ll want the well known hardware on your hands. I still don’t think the 540i I wrote up last week is a bad deal. What the seller wants is perfectly reasonable for a car of that class, with that many miles, no matter how old it is. This M5 on the other hand can command nearly the same amount with much higher miles because of its cultural cachet. Have I hammered home that the M5 is the better deal? Okay, lets get into the nitty gritty of what I like about this example.
CLICK FOR DETAILS: 1991 BMW M5 on Pelican Parts
The E28 is a great chassis, no doubt, but often the normal 535i gets overlooked as a potential classic. We search out instead examples of the M5-look 535is or indeed the S38-motored legend itself, but today’s example will give those that dismiss the “normal” 535i a reason for pause. Upgraded with the full repertoire of Dinan bits and given a European specification makeover and repaint, this is one seriously good looking and well built 535i:
CLICK FOR DETAILS: 1988 BMW 535i Dinan 3.9 on Craigslist
Wagons are the GCFSB car of choice, if you haven’t noticed. Only our resident Volkswagen/Audi guru Carter is flying the five-door flag, however, with his 2002 Volkswagen Passat 1.8T Variant 5-speed manual. While I sit here and wait for the perfect 1995 Audi S6 Avant to come along, I’ll admire this 2002 BMW 540i Touring for sale in Portland, Oregon. It looks like a real beast, and with Dinan engine mods and a worked over suspension, it’s almost like the M5 Touring that never was.