1995 BMW 540i Sport

Update 5/28/18 – further price reduction from $14,950 to $12,995.

Update 3/23/18 – The asking price of this 540i has dropped from $15,995 in November to $14,950.

By the early 1990s, even though the S38 was an incredible engine there was no denying that it was from another era. BMW’s new lineup of V8s – all-aluminum, quad-cam units were cheaper and easier to build, run and nearly as powerful – especially so in everyday use. As a result, BMW phased the S38 M5 out of production for the North American market. Yet there were still cadres of M-devotees who wanted to fly the 5-series flag here. The result was two special models for Canada and the U.S..

The more rare of the two was the Canadian market M540i. For all intents and purposes, it was a European-specification M5 without the inline-6 – they even moved production of them from Dingolfing to M’s home base of Garching. In total, they built 32 of them – making them one of the least-frequently seen M products out there. It’s no surprise that it’s been quite a while since we last saw one for sale.

The U.S. market got a slightly de-tuned version of the M540i. Known as the 540i M-Sport, unlike the M540i it was available as either a manual or automatic and didn’t carry quite as much M-content as the Canadian car. But you did get M5 looks, M5 suspension and M5 wheels – in this case, the M-system II “Throwing Stars” found on later U.S. production cars opposed to the M-Parallels found on the M540i. They were also not finished at Garching, but alongside normal E34 production. A reported total of 205 were produced for the U.S. market and we last saw one about a year ago.

So when today’s car popped into my recent searches, I was immediately pretty excited as it appeared at first glance to be one of the elusive examples of the M-Sport. And it was certainly priced like one, as asks are usually in M5-territory. But was it love at first sight?

CLICK FOR DETAILS: 1995 BMW 540i on eBay

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Double Take 540i/6: E34 or E39? 1995 BMW 540i Sport v. 2003 BMW 540i M-Sport

My recent M5 v. Alpina B10 post took a look at two exotic versions of the E34. Of course, BMW offered their own alternative to the M5 late in the production cycle, as the introduction of the M60 V8-powered 540i produced nearly as much usable power as the more expensive M variant. Such was the success of the 540i that BMW initially judged the M5 dead in this market; it was removed from the U.S. in 1993 after slow sales and wouldn’t return until the new millennium.

As a result, the 540i flew the 5-series performance flag for two generations and still is very popular today. Especially in Sport versions, the E34 and E39 540is offered power, refinement and outstanding chassis dynamics in a package that was attainable for more people. So which is the better buy today – the first or second generation?

CLICK FOR DETAILS: 2003 BMW 540i M-Sport on eBay

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1995 BMW 840ci with 28,000 Miles – REVISIT

A few days ago driving through traffic, a lean, low and angular shape drifted in between cars ahead of me. It stood out mostly because it was so different than the pool of SUVs it swam through. Like a shark parting a school of mackerel, it was a beautiful 840ci with M-System II wheels fit, and it was positively beautiful to see. What really struck me was the size though, more than anything else. I’ve never really thought of the 8-series as a small car – but there it was, dwarfed by the modern automobiles that surrounded it. Most other drivers ignored the door-wedge profile, but I sat transfixed remembering how revolutionary this car was when it was launched. When I happened across this 1995 840ci in my searches, a car which Paul featured back in January, I couldn’t help but want to write it up:

CLICK FOR DETAILS: 1995 BMW 840ci on eBay

The below post originally appeared on our site January 10, 2015:

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