1999 BMW 540i Touring 6-speed

Back to wagons!

Today’s example is another fan-favorite model, of which it seems surprisingly hard to find a great example. The E39 continued and expanded the 5-series wagon’s popularity by bringing bigger wheels, more power and updated looks to the mid-range Audi-challenger. Like the first generation, these were only available in rear-wheel drive in the U.S., so matching the all-wheel drive variants available from…well, everyone else, required a very good looking and potent package. BMW pulled that off, with the Sport versions of both the 528i and 540i Tourings thoroughly encapsulating the ethos of the great Euro wagons.

But there was a catch.

If you wanted a manual gearbox, you had to select the lower output 528i model. For all its shouty V8-ness, the 282 horsepower 4.4 liter M62-equipped 540i only came with BMW’s Steptronic if you needed to haul ass and a family. Of course, that hasn’t stopped a few enterprising individuals from combining the manual from the sedan with the more desirable wagon:

CLICK FOR DETAILS: 1999 BMW 540i Touring 6-speed on eBay

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