1988 BMW M5 with 28k miles


The Euro’d E28 M5 with just 62k miles Carter wrote up last week went for a reasonable $21k, showing that the market for M5s is strong but not skyrocketing. Extra-low mileage examples are few and far between, and today’s 28k-mile example is being sold by the notoriously high-pricing Enthusiast Auto Group. Forum guesses put the price as high as $80k, which may be what EAG is asking but is not what they’re going to get. While it certainly looks like a sheltered, sub-30k mile creampuff, the door-card speakers are a strikingly bad choice. Low mileage is great, but without full originality I don’t see the point.

Click for details: 1988 BMW M5 for sale at Enthusiast Auto Group


Year: 1988
Model: M5
Engine: 3.5 liter inline-6
Transmission: 5-speed manual
Mileage: 28,022 mi
Price: “Call for price”


*New Arrival* Schwarz Black over Natural Tan Leather, Incredible, Low-Mileage, Investment-Grade E28 M5! All Original Body Panels with VIN Tags Intact! Extremely rare vehicle – 1 of only 1,340 E28 M5’s produced for the North America! This 28,022 mile example is one of the lowest mileage examples remaining. This amazing car is a well-preserved time capsule! The condition of this E28 M5 is excellent throughout! The body is all original numbers-matching and shows awesome! The exterior paint is very nice with few notable items or defects. The interior shows well with no rips in the leather, stains in the carpet or significant wear areas. The body and undercarriage are well-preserved and solid. This low-mileage M5 will make a great addition to any collection! This car is in stock mechanical condition! The stereo has been upgraded with a period-correct, top-of-the-line, audio system featuring an Alpine head unit, 10-disc CD changer, ADS amplifiers + component speakers with crossovers.

Enthusiast Auto Group has completed our Comprehensive Pre-Purchase Inspection + Work Order on this car ensuring its integrity as a well-sorted E28 M5! Service Highlights Include a Complete 10-year Service which includes: engine oil + filter change, transmission fluid change, differential fluid change, coolant flush, brake fluid flush, power steering fluid flush, engine air filter and fuel filter replacement. EAG is also performing a valve adjustment and valve cover gasket, alternator bushings, rear pitman arms + guibo (flex disc) replacement and installing new Michelin Pilot tires. This M5 has been properly cared for and it shows! Responsible Adult Owned, Garage Kept, Non-Smoker. This is a rare opportunity to own an original 1st generation M5! Truly an icon of the M car lineup! Serious Inquiries from US Residents Only – Exportation of EAG cars breaks our strict buy-back policy. Please Call or email to obtain a Pre-Purchase Inspection Report, Build Sheet, Condition Related Details, Vehicle History


If I were a classic car collector, I’d offer $30k and expect that it may go up towards $40k. I would then immediately find some nice, original door cards, put an original stereo in, and have the creampuff this example could and should be. If you’re not into having the lowest-mileage possible, save your money for a sub-70k mile that would cost less than half of this example and keep it perfect.


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  1. All of those pictures with only one under hood shot and no shots of the trunk? Odd.

    The head unit and front speakers are eyesores that detract highly from the car’s presentation. Since they didn’t provide pictures of the rear deck and trunk we can only imagine what was done there in the name of car audio. While it’s nice to say “just source some replacement parts,” that may prove to be quite difficult to accomplish. If originality is the goal, count on a lot of work and money to reverse the audio system.

    Since there is no price listed, there’s not much to say there. I will say that I did laugh out loud when I read the forum guesses of $80k.

  2. Please don’t support EAG by reporting their cars.

  3. I would pay above the Hagerty valuation, just because I’m looking for a low mile ’88 M5.
    They value a Condition 1 at $25,000. I would pay $35k, today.
    For $80k I would buy another semi-rare air cooled 911.

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