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1993 BMW M5

BMW’s second-generation M5 followed the same recipe as the outgoing E28; manual transmission, rear-drive, howling inline-6 under the hood. But the E34 was far from a copy of the car that was really credited with being the first super sedan. BMW upped with power first with the 3.6-liter version of the S38; though the increase in displacement was a scant 82 ccs, the result was impressive. BMW Motorsport GmbH fit a new cam, a higher compression head, and a new engine management system to yield 311 horsepower at a rev-busting 6,900 rpm.

While the E34 M5 was available on these shores far longer than the E28, there weren’t a ton imported – especially towards the end of the run. Today’s example is a beauty, too, in Calypso Red with M System II “throwing stars”. While it’s no spring chicken, to me it still represents good value in today’s market:


Year: 1993
Model: M5
Engine: 3.5 liter inline-6
Transmission: 5-speed manual
Mileage: 159,650 mi
Location: Carlsbad, California
Price: $27,500 Buy It Now

Available is this excellent and last of the “hand-built” BMW M5’s.
This is 1 of only 1,678 E34 M5’s sent to the US from ’89 thru ’93. Less than 1,200 (max) are thought to be left in North America. *Only 261 were produced for North America in ’93.

Just benefited from a $5,310 service at 156,010 miles which consisted of Left & Right Upper & Lower Control Arms, Front Struts, Rear Shocks, Valve Cover Gasket, Brake Fluid Flush, Coolant Flush, and Engine Oil/Filter.

All Power Steering Hoses replaced at 153,311 miles ($1,839 receipt).

– San Diego Car Since New
– 3-owner E34
– Clean CA Title
– Recent ($14k receipt) Glass-Out Paint Job By Best Autobody Shop In San Diego
– 159,650 Miles on Chassis
– “Calypso Red” Metallic with Grey Leather Interior
– 3.5L (S38 B36) I6 Engine Producing 311hp & 265tq
– 5-speed Getrag (type 280) Manual Trans
– Power Seats/Windows/Doors/Locks/Sunroof
– Upgraded ($3,300 receipt) Pioneer Audio System
– 17″ ///M System II “Throwing Star” Wheels
– Newer Michelin Tires
– Original Owners Manual

If you are looking for an excellent analog sports sedan with unrivaled motorsport history and panache, this is a great choice.

*The car is 25 minutes north of the San Diego Airport (Charlie’s Foreign Car) for those that want to come view it in person.

It sounds crazy to think that a ’93 BMW with 160,000 miles would be considered “good value” at $27,500. But this one looks deceptively new and in great shape, has an appreciative owner, and it’s a very rare color combination. A similar E30 M3 would trade for easily double the asking price here; and yes, while you can get an equally fast and rare Audi S4/S6 for less, you’re not going to get into a 500E any easier. I’ve loved these E34s since they were new, and this one surely looks as sharp as any.



  1. John
    John March 6, 2022

    Beautiful, love Calypso!

  2. Greg
    Greg March 7, 2022

    I love E34 M5s but I wouldn’t pay high $20’s for one with 160k miles and a repaint. In fairness they do all seem to have high miles and the S38 is pretty durable if maintained properly, but a top end rebuild/valve job is VERY expensive. Also the G280 gearbox is not the most robust and repair/replacement is expensive.

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