1988 BMW M5 M30 Turbo Swap

Typically the legendary S38B35 is an engine that gets swapped into other BMWs, now out of them, but today we’re playing opposite day with this No-Effs-Given E28 M5. A little while back it received a turbocharged M30 transplant which is a pretty common setup for E28s – just usually done on more pedestrian models than the extremely rare M. A unique aspect to this auction is that the S38 comes with it, so you have the opportunity to ride the turbo monster as long as you please while retaining the prospect of putting the numbers-matching engine back in eventually. Even so, any hopes of originality are long gone after they spray coated the floor rooting out some rust, replaced the wheel and shift knob with anachronistic wooden parts, and spray painted the homebrew center console to accommodate auxiliary gauges. The one thing that I actually do think is original, contrary to the seller’s claim, is the black interior. With all seats, door cards, and interior trim in black, and miles instead of km, I think this may well be one of the 31 US M5s with black interiors (more than 2 the seller thinks they made, but still an extreme rarity).

This M5 has been hacked and sprayed to the point that it will forever be valued more like an E28 rather than the second-rarest M car. It looks pretty darn good from the outside, albeit modified with later wheels and yellow lenses, and the S38 alone could recoup a serious chunk of the purchase price. It’s already into 5-digits with a long time left on the auction and looks like this basket case M5 with its heart in a box will still pull decent money.

Click for details: 1988 BMW M5 on eBay

Feature Listing: 1991 BMW M5

It is always a bit of a treat to look back at some alumni of the GCFSB pages, especially so when it’s a lovely example of a special car that was snapped up by one of our enthusiast readership. For years we’ve banged on about the E34 M5, a conundrum of the M lineup. It’s got all the right DNA to be a classic, yet like the similar 944 Turbo has generally languished in value compared to similar products. That may sound like a broken record on these pages, but it’s a tune which is both catchy and sweet-sounding for BMW fans because it means they’re getting more car for their money. Recent market activity in 2015 has started to remix the tune, though, and E34s have been on the rise. Hagerty currently places top value on 1991 M5s at $42,000 – steep sounding given what they’ve traded for over the last few years, but perhaps more in line with their legendary build quality and performance especially when considering their siblings. But in terms of overall value, let’s consider today’s Jet Black 1991. It is nearly 100% original, fully documented, accident free and has under 100,000 miles on the clock – and currently represents the best value of the original M-car experience:


1988 BMW M5

s-l1600 (5)
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?

Click for details: 1988 BMW M5 on eBay

Double Take – High Mile Heros: 1991 BMW M5s

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:


1988 BMW M5

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

Tuner Tuesday: 2006 BMW M5 Dinan 5.8

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

2000 Dinan BMW M5

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.

Click for details: 2000 BMW M5 on eBay

1991 BMW M5 Dinan 3.9 – Revisit

The E34 M5 may be the least-loved of the breed, but who is going to argue with a 3.9 liter stroker S38? I adore my S38B35, and the thought of a torquier, gnarlier Dinanified inline-6 with an extra pint of volume makes me tingle. This Calypso Red M5 has made the rounds, first selling on BaT in 2012 for a relative pittance before spending the last year-plus trying to spin a profit. The speculative seller has repainted it but accrued fewer than 1k miles, making clear his intentions to cash in on a rare, tuned M-car. The reality that E34s aren’t appreciating like E30s or E38s has apparently begun to set in, as he’s asking now asking $6,500 less than in 11/2014. If you’re looking for a monster E34, this is probably the way to go. But when you could be getting an E39 with 60 more horsepower and a generation newer everything, does anyone like the E34 enough to pay the premium? I’m guessing the seller is going to have to have more patience or less pride before this M5 can start spinning its wheels again with a real driver.



The below post originally appeared on our site November 28, 2014:

2001 BMW M5

About halfway through production of the E39 M5, BMW released a series of films from notable directors highlighting their model range. They all starred Clive Owen as the ubiquitous Driver character as the wheelman of a particular model. Some were dark, some were mysterious, but my favorite – and, I believe the favorite of most people – was Guy Ritchie’s Star. For me, it was neither the famous director nor his power-couple wife Madonna that was the star of that particular film, but the Driver‘s M5. Indeed, rewatching the film I found myself comparing the character’s introduction monologue, which ostensibly was about the female character played by Madonna, to the car. The characteristics shared of the dual nature of the iconic singer somehow work juxtaposed onto the M5. That was brought into sharper focus as the film progressed and Blur’s Song 2 – a song that somehow perfectly summed up the M5’s character. A deep base line, rhythmic speed and shouts of “Woo Hooo!” seem to somehow follow the M5 wherever it goes. Over the top? Absolutely, but it seemed that the whole plot line of Star is how most M5 drivers think their daily commute goes.

CLICK FOR DETAILS: 2001 BMW M5 on Hartford Craigslist

1991 BMW M5

Screen Shot 2016-01-28 at 11.40.02 AM
Can the relatively-unloved E34 M5 start reaching towards the $20ks now that pretty much every other generation regularly commands more than that? We’re at a funny point in the market for every model number of M5. The E28, E39, and E62 are all fetching mid-$20ks for solid examples, with outliers entering the surrounding price decades. The E34 stands alone, seemingly stuck in the teens for anything decent, from 245k-mile survivors to examples like today’s 93k-mile, black-on-black business machine.

Click for details: 1991 BMW M5 on eBay