2002 BMW E39 M5, 72k miles, $17,500

Carrying on with this week’s focus on E39 M5s, here is an example that could fall into the cheap buy category. We are all familiar with this car and its stonking performance, so on with the details…

2002 BMW M5 on Craigslist Philadelphia

The seller has this to say:

Silver 2002 BMW M5 with Black Leather Interior -72Kmiles

I am sacraficing my 2002 BMW M5. This beast has a V8 400h engine, 6 speed transmission. The M5 has all the standard options including Xenon headlights, M5 Sports Suspension, dynamic stability control, power sunroof, heated power M5 Sports seats, 6 CD changer in the trunk etc, etc. The Titanium Silver body is clean. There are some roadchips near the grill and a couple scratches on the bumpers. The 18 inch performance tires and rims have alot of life left in them.

The black leather interior with suede lining has been a non smoking auto with minimal wear. I put in a new OEM clutch and rear brakes about 6K ago. Clean Title. Well maintained. Maintenance records available. Disclosure: the Navigation cd-rom drive needs to be repaired, but all other computer functions work properly. This a great deal for an amazing car.

The one thing I would like to know more about is why this car needed a new clutch at 66,000 miles. Also, it is quite odd that the rear brakes, not the fronts, were the ones replaced. An uncle of mine, who owned many BMWs as well as some M models, always said he was hesitant about buying used M cars, as they are often driven hard and put up wet. A clutch replacement at 66k is making me lean towards this assumption. Another thing to be careful of is cars in the Philadelphia/NYC/Boston corridor often lead hard lives.

Depending on how well this example drives and the extent of the maintenance records, this could be a good deal. Retail values of clean M5’s in this mileage range seems to be runnin in the low to mid $20k range on average these days.

-Paul

1972 BMW 2002tii

Ben and Evan have sourced a few interesting BMW 2002s in the past few days and adding on to those, I have come across a strikingly original 1972 BMW 2002tii.


Short description from the seller:

Original California car with same owner for 25 years(with records). Rare Tii with working AC and Sunroof. White with original tan interior. Very good condition inside and out. Some small splits on dash and driver seat. Upgraded 5 speed tranny. Great running car!

While restored 2002tii’s are bringing well over $20,000 these days, this is a pretty honest original that, with a little bit of tidying up, could serve either as a daily driver or for weekend amusement. This particular example is made more desirable by the slim bumpers and round taillights, both hallmarks of early 2002s. It should be noted that the original color of this vehicle was not white, but Tundra, as witnessed by the color tag right above the build plate. This is evidenced most clearly by the picture taken of the engine bay.

-Paul

BMW 2002 with Dual Webers, 5 speed, LSD, and Genuine Alpina Wheels

What’s not to love about this car? Especially for $4k!

I spied this 1976 BMW 2002 For Sale on Tacoma Craigslist:

1976 BMW 2002 For Sale Black Alpina Wheels

quote from seller’s Craigslist posting:

Perfect BMW 2002 project, Built motor w/ Dual 40 Webers, 5 speed conversion, LSD, racing springs, urethane bushings, Recaro’s, Momo, real Alpina wheel

[…]

-Built motor with Dual 40 Webers
-5 speed conversion
-Limited Slip Diff installed
-320is radiator installed
-Bavarian Motorsport springs
-Most bushings replaced with urethane
-Drilled brake rotors
-Vintage 380mm MOMO steering wheel w/ BMW horn
-Vintage staggered Alpina rims, 13×6.5 & 13×6 very rare
-All signals, electrical and heater work

For the asking price, and the pile of rare parts that come with it, this could be a great little driver, a potential fixer-upper, or maybe even a weekend racer project. In any case, it’ll be a load of fun!

dc

1972 BMW 2002tii For Sale in the Pacific Northwest: Project Car or Driver?

Here’s an interesting listing on Portland Craigslist for a 1972 BMW 2002tii in Sahara Beige:

quote from seller’s Craigslist ad:

Sahara 1972 2002 tii (the vin is correct for a 1972 tii). this is a tii that you will enjoy driving and not worry about parking downtown or in parking lots.

saddly, the body shows old body work and the many seasons in the nw weather. ive tried to take blantant photos of the numerous imperfections in the body. i do not believe any structural integrity is compromised in the floor of the car and the jack points. most of the rust seems to be in small patches around the car including the spare tire well and about a 2in strip on the left shock tower. a plus on the body is the original tii nose that does not have the passenger side snorkel.

the interior shows its age. the carpets and rear seat look great but the driver and passenger seat show years of use. the dash is cracked and the clock does not work. sunroof operates properly. all instuments work except the odometer, and the temp gauge reads high but that seems to be due to grounding issues because it is jumpy depending on the electrical load and engine load.

[…]

i have owned the car for over 5 years, driven it alot, and have had very few problems, only needing to rebuild the injection pump. the odometer has not worked for the entire time i have owned it so i do not know the milage.
it is a blast to drive and certainly a good candidate to restore to perfection if so desired.
check out the pics
http://picasaweb.google.com/gobears45/20081007#

So as I suggest in the title, how would you treat this car? Address the rust and mask the paint to make an immediately approachable and cool driver, or would you take this one to the back shed for immediate tear down and restoration? For $3900, you could drive it for a while and make up your mind later. Sounds like a fair deal to me. Heck, is some parts of the country they wouldn’t even call this rust!

Are you in the Portland area and a BMW 2002 enthusiast? Join the PNW2002 Yahoo Group and stay current with local enthusiasts, events, and great finds like this car! I’m a lurker there, but someday I’ll have to come up with the 5’er and have a beer at one of their gatherings.

dc

Update: This post is out of date and the item listed is probably not available any more. Why not take a look at these BMW 2002tii’s and parts that are currently for sale!

1976 BMW 2002: Beautiful Resto-Modified Example For Sale

Isn’t that what the Barret-Jackson folks would call it, a resto-mod? A very well done restoration with a custom touch to make this one a one of a kind, while not straying far from the original BMW 2002 formula.

1975 BMW 2002 Custom 2002 on Roadfly:

quote from seller’s Roadfly listing:

1976 BMW 2002 Complete restoration 1996, three coats paint, five coats clear, Epoxy under carriage, Kamei front spoiler, blacked out trim. Custom interior featuring; Koenig two-tone seats, 4-point harness, rear seats and all panels to match. New carpet and head liner. Racing suspension; Ireland engineering coil over suspension, 400# springs front, 350# rear, anti sway bar set 22/19 rears adjustable, Wildwood calipers with slotted rotors, 250mm rear brake kit, tii master cylinder, front to back braided stainless steel brake lines, and biased control. Engine built by Korman Autoworks started as stage 2 S-10, upgraded with 304 cam, dual 45 Weber’s, offset cam gear, titanium valve spring retainers, steel alloy connecting rods, triple row radiator, aluminum flywheel, Jacobs electronic ignition, Braided stainless gas lines, rear battery mount, Stahl header, Ansa Exhaust, Aluminum strut bar, short shift kit, HRE Basket weave custom wheels, Yokohama AVS ES 100 155/50R15. , 2nd place BMWCCA Concours 1996, 1997, Peoples choice 1999. Quit after 1999, to difficult to enjoy driving and show, would rather drive. To see additional pictures go to; http://picasaweb.google.com/jjt.public.gallery/2002#

The beautiful paint choice with ‘shadow line’ trim treatment, spotless interior, period correct looking HRE wheels, and nicely warmed over Korman built motor make this car a standout. But with a $25k price tag, it stands amongst the most expensive company in used BMW 2002’s like this Turbo on BringATrailer. Like most cars that I post like this, I often wonder how the owner can part with it considering the effort and money invested.

Check out other modern classic BMW’s for sale on GermanCarsForSaleBlog.

dc

Update: This post is out of date and the item listed is probably not available any more. Why not take a look at these BMW 2002 tii’s and parts that are currently for sale!

1973 BMW 2002 on Bring A Trailer

This is a cool spot by Bring A Trailer for a 73 BMW 2002 ’roundie’ with some tasteful modifications. Furthermore, the owner states that he’s selling the car to finance a trip to Targa Newfoundland.

There’s a lot of whining in the comments of that post about the modifications and the fit and finish. I think it looks great and appears very well sorted. And apparently bidders agree as there’s only 2 hours left and high bid is over $16k. Not bad for a car that’s not a tii and lightly modified!

dc