My favorite generation of the BMW M5 is the late 80s E28. That is, until I see an E39 roll menacingly by, then it’s definitely the E39. Well, until I see something like this beautiful E34 pop up on eBay. Damn, these are good looking cars. The last of the hand-built M cars, they also carried over the M1/M5/M6 inline-6, displacing 3.5 liters. Power was up to 315hp, and the clean early 90s styling make it one of the most subtle M cars. It’s beautiful and fast, exemplified by this low-mileage version that showed up on eBay.
This really is one of the most gorgeous E34s I’ve seen. Though I normally go for darker/subtle colors, I think the red is awesome. It’s wearing some of the best BMW wheels out there; I’ve seen these look amazing on everything from E30 M3s to E38 7-series. The Dinan chip and suspension are tasteful upgrades that make it a bit better without overdoing it. To top off the total package, it only has 55k miles. This total package comes at a price, however, and the Buy-It-Now is set at $20,750. A lot of money for sure, as there are other E34 M5s out there for 1/4 of the price. On the other hand, those cars probably suck. There are E34 540i’s going around $15k, and considering the nature and condition of this car, it’s not exorbitant. Hand-built, sexy 90s Teutonic speed for the price of a Honda Civic sounds good to me.