1986 BMW M535i

Last week’s M5 was a bit of a roll of the dice. While it was claimed to be low mileage and all original, it had undergone some modification and wasn’t in the best condition. Little was disclosed about the running condition of the motor. Worse, there was an undisclosed gaff in the history – it appeared that the odometer had been replaced at some point, and it certainly looked like the car might have more than the mileage claimed when you looked around it.

Here, we have the opposite. While that M5 was all go and less show, the E28 M535i is the appearance package incarnate; all the M-Tech bits are really just for looks here. Still, it’s a very appealing model. This M535i appears to be well documented, fully serviced, and in great shape. I’m also glad to see that it’s a shade other than black. The Arktisblau Metallic paint shines well, mileage is lower, the original and unique TRX wheels are sporting newer Michelins, the M-Tech body kit is all in place, and the interior condition is very good. What’s not to like?

CLICK FOR DETAILS: 1986 BMW M535i on eBay

Year: 1986
Model: M535i
Engine: 3.4 liter inline-6
Transmission: 5-speed manual
Mileage: 86,200 mi
Price: $29,500 Buy It Now

Euro e28 M535i – Low mileage rare collectible modern classic BMW. One owner car originally sold by BMW in Spain. It is a well preserved original car with full documentation and history. Has rare factory M Tech interior and chassis which includes first wrap around bumpers and M bodywork with factory spoiler. First ever glass moon roof installed by BMW factory; a high cost option back then. Brand new Michelin tires on original M Tech wheels. Fully serviced and needs nothing. Drives and handles brilliantly. The high compression Euro motor is more powerful than anything sold in the US. There is no more than a dozen of these cars in the US and none better. Very fast on the highway and a pleasure to drive. Serious buyers may call me at 949 294 7069. Privately owned by 30+ year BMW CCA member. Car is located in Florida.

It probably didn’t take you very long to see that the price was what not to like. Sure, the condition is better and the M535i is more rare in the U.S. than the M5 from last week, but it’s double the asking price of the real M. Last year I took a look at another M535i, and resoundingly everyone felt that car was overpriced in the mid-teens. Clearly this car comes from a collector, as witness by what appear to be two other M5s in his garage. And I very much appreciate that the condition of this car is superior to most that come to market, as is the rarity of the M535i. But wow, that’s a strong asking price.

-Carter