I have no false hope that my 225k-mile E28 M5 is going to follow the low-mileage examples into the upper-five-figure price range, but it is fascinating to see where the mere mortal examples are ending up. The wrong-wheeled rustbucket I wrote up a while back almost hit $13k on its auction, a number almost as shocking as the $60k M5s on eBay. This E28 is hardly the dumpster-dive of Mr. Rusty, but the blemishes are plentiful. The clearcoat is failing on the roof, it has the classic 80’s bumper waves and dash cracks, the driver’s seat is conspicuously omitted from pictures, and the engine compartment has some surface rust showing. On the flip side, the trunk’s carpet set is complete, which will make you then envy of a plurality of the owners on mye28.com (me included). It sounds like it runs well and hasn’t been outright abused or neglected; it’s just a rare car that looks to have lived a pretty average 28 years. The reserve is still on with bids up to $14k. Compared to the rust-bucket, where will a high-mileage, 6/10 E28 M5 land?
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Let’s say you want to buy a 1980s BMW M car. Great! You have style, class and enthusiasts everywhere will applaud your discerning taste. You don’t just want to pose, you want race-track bred performance and build quality second only to Mercedes. Great! Now, look at the market. Shit! You missed the bandwagon by about 2 years. Not to worry, though – German Cars For Sale Blog is full of budget advice today! If you want the best affordable 1980s BMW M product, you just are looking in the wrong decade. You need to consider the 1990s E34 M5, and today we’ve got what should be two more affordable versions of the more affordable version of what you want. So, do either of these high mile heros have what it takes to make your 80s M dreams come true? Cue the theme to The A-Team and let’s take a look:
CLICK FOR DETAILS: 1991 BMW M5 on eBay
Here’s a fun market check as the E28 M5’s ascent follows the E30 M3 north. There isn’t a ton of history listed on this M5 other than it was owned by a BMW dealer who spared no expense keeping it nice. After just 93k miles, that care shows. Every electrical item is said to work perfectly, while the few aftermarket choices appear well-chosen. The suspension has been redone with Koni, while an interesting brake upgrade helps slow the fastest sedan in the world (in 1988). E34 brakes appear in the back, which is a common choice, but the owner has managed to get Porsche units up front with drilled rotors. There aren’t any big power upgrades, choosing to let the S38 do its best while making it an overall better-handling car. All of this adds up to an E28 M5 that is very nice but not perfect or all-original.
Click for details: 1988 BMW M5 on eBay
Nate’s look at the E34 and E39 Dinan M5s over the past week is a poignant reminder of the factory-backed performance available in these super sedans. In the best style of “Q-Ships” – World War II merchant ships that hid surprising armament behind their docile exterior – they’re turned up but never outrageous. When it came to the E60 chassis though, with 500 horsepower on tap how did one increase the already world-beating performance? In Dinan’s case, there was no replacement for displacement, as they punched out the 5 liter V10 to 5.8 liters. The result was an additional 100 horsepower and around 80 lb.ft more torque while still maintaining the stratospheric redline. Yet that insane performance was available in a wrapper which looked no different than a standard M5:
CLICK FOR DETAILS: 2006 BMW M5 Dinan 5.8 on eBay
On Friday, Carter related the E39 M5’s star power, even when found in Green on Tan. Today, I bring you one of the most impressive E39s we’ve seen, a 19k-mile M5 with a heap of Dinan upgrades. It’s not quite the full S2 package, but it has enough points to achieve the DINAN trunk badge. As with all Dinan products, we can be sure that they only add to the M5 experience. If I had that supplemented driving machine, I’d have a hard time parking it, but this one has covered fewer than 20k miles. It’s usually a knock against ultra-low-mileage cars when they’re been tuned, and I guess it keeps this from being a museum piece, but we can be sure that it will command a hefty sum – both for the lack of use and the well-chosen, BMW-approved modifications.