All Black Everything: 1988 BMW M5

Following up on Craig’s Euro-spec Diamond Schwarz Metallic E24 comes an unusual E28 M5. There were a few things that caught my eye about this car; first off, Rhode Island is a small community and I feel like I know a pretty good percentage of the E28 M5s that live here, but this one was new to me. Not only was that unique, but the seller was selling two, with a 4-post black/black E34 to nicely compliment the original model. More things stuck out, though; immediately, the European bumpers and lights are a neat look, but it was inside and the black leather that really helps to set this car apart. About a month ago, Nate looked at a sacrilegious turbo swapped M5 with a non-stock black leather, but this one is claimed to be one of the original 101 all-black M5s imported to North America:

CLICK FOR DETAILS: 1988 BMW M5 on Providence Craigslist

Year: 1988
Model: M5
Engine: 3.2 liter inline-6
Transmission: 5-speed manual
Mileage: 182,000 mi
Price: $27,000

Hi Guys, I am interested in selling my 1988 BMW M5. It is a black on black Canadian car with 182k miles.
Previous owner rescued this car from his friend who let it sit outside in Canada for a few years. He cleaned it up pretty well and enjoyed it. After it came into my possession it needed some tlc, and I can provide a long list of items replaced.As mentioned earlier, the car was sitting outside in Canada and as a result this is not a museum quality car. There are dings and knicks in the the body, as well as places where rust has popped up. Before the rear valance was put on, the rust was removed from the back. Fenders are rusted at the bottom, and included are new OEM ones ready for paint.

Engine runs out great and transmission shifts smoothly. I did not have a compression test done as I was planning on rebuilding the head and doing the chain and ancillaries next year.

Interior is not too bad other than the dash which is quite cracked and covered in a dash mat. Driver’s seat has bolster wear, but overall it is in good condition for the life it has lived.

Comes with records for all the work done under my ownership, PLUS $23k in receipts dating back to 1999 from the previous owner, as well as the original service manual taking the car up to 1993. In the early 2000’s the car was taken care of my Marcus Glarner Motorsports.

I would be happy to answer any and all questions you may have. Asking $27k OBO. Car is sold with a bill of sale and copy of registration only. Rhode Island does not issue titles for antiques.
I can be reached by email at show contact info
Thanks

Those that aren’t familiar with Marcus Glarner Motors won’t appreciate the name drop, but it’s a pretty significant one as he’s pretty much a wizard with the M88/S38. It’s wonderful that after sitting for a while this car was saved and brought back to some glory, though there remains work to be done if you want it perfect. More a good driver quality with nice looking Euro bits, this one probably won’t win any shows but still carries serious street credentials. The asking price of $27,000 may seem initially steep, but believe it or else that’s well below where Hagerty values a condition 3 car. Do a PPI and check the compression, and if it’s reasonable this could be a nice longterm project and driver.

-Carter