Continuing E39 M5 theme week, I found one that closely matches the requirement of our fellow M-lover over at the M5 Video Guide. It’s an ’02 instead of an ’03, but it’s a clean Carbon Black version with just 30k miles.
With 9 days left on the auction it’s just under $18k. Depreciating at almost $2/mile has to hurt for the original owner, but it’s all good for the buyer. The gray interior isn’t as striking as the Caramel we saw on one the other day, but getting one of the best sport sedans ever made with so few miles for around $20k will probably help you get over the interior color pretty quickly.
My main realization of M5 week thus far is how amazingly accessible these M5s have become. THIS WEEK ONLY,M5s 75% off! (until next week, and the week after that…)
Silver 2002 BMW M5 with Black Leather Interior -72Kmiles
I am sacraficing my 2002 BMW M5. This beast has a V8 400h engine, 6 speed transmission. The M5 has all the standard options including Xenon headlights, M5 Sports Suspension, dynamic stability control, power sunroof, heated power M5 Sports seats, 6 CD changer in the trunk etc, etc. The Titanium Silver body is clean. There are some roadchips near the grill and a couple scratches on the bumpers. The 18 inch performance tires and rims have alot of life left in them.
The black leather interior with suede lining has been a non smoking auto with minimal wear. I put in a new OEM clutch and rear brakes about 6K ago. Clean Title. Well maintained. Maintenance records available. Disclosure: the Navigation cd-rom drive needs to be repaired, but all other computer functions work properly. This a great deal for an amazing car.
The one thing I would like to know more about is why this car needed a new clutch at 66,000 miles. Also, it is quite odd that the rear brakes, not the fronts, were the ones replaced. An uncle of mine, who owned many BMWs as well as some M models, always said he was hesitant about buying used M cars, as they are often driven hard and put up wet. A clutch replacement at 66k is making me lean towards this assumption. Another thing to be careful of is cars in the Philadelphia/NYC/Boston corridor often lead hard lives.
Depending on how well this example drives and the extent of the maintenance records, this could be a good deal. Retail values of clean M5’s in this mileage range seems to be runnin in the low to mid $20k range on average these days.
As promised I am keeping with our theme of looking for E39 BMW M5s this week. I was looking around for an E39 to fill the slot of worst modified, but Ben claimed the same car I was going to talk about before me. You’ll see it tomorrow.
So I decided to make an attempt at the low mileage category with this nice 23,000 mile example.
Being a 2000 it is an early example of the E39 M5. With such low miles the car has hardly been broken in. The driver seat even looks almost new. Very pretty in silver, this unmolested original, will make someone a great driver for years to come. The crisp lines are satisfying just to look at and the bit of window tint adds a touch more sleekness.
Any ideas on what it will be bid up to? A premium will be paid for sure for this kind of mileage. Buyers be ware as the seller has low feedback.
This week we’re taking a moment to begin introducing theme weeks to the blog, and to get us started we’re featuring the fabulous e39 M5. These cars represent amazing value and have a proud place in the M5 lineage. We’ll include more information on the special features of this car as the week progresses.
Tonight we begin with a note I received from a friend of the site, Brooks from the M5 Video Guide, who wrote:
Unfortunately one of the M5 Video Guide customers recently lost his silver E39 M5 in a winter weather related car accident. The good news is that no one was injured, but sadly the car is a write-off.
He would like to purchase another E39 M5 and is willing to pay top dollar. His preference would be a 2003 M5 in either Carbon Black, Jet Black or LeMans Blue.
His request was very timely and fits nicely with our inauguration of the e39 M5 Theme Week. And with a generous budget, me and the guys got to work! Here are our picks:
The first is this stunning 03 M5 in Carbon Black on gorgeous Nappa Heritage Caramel leather. In addition to a low 40k miles, this car has tasteful Dinan upgrades and enthusiast ownership history. Check it out on Autotrader for $33k in Houston.
Another 03 in Carbon Black, but this one has the extended black leather package. Similar miles at 43k, reported all dealer service with records, and no mods except Dinan software and iPod controller. This lovely example is in Seattle on Autotrader for $29k.
Well I hope one of these work because after posting them all up, I’m more than a little worked up for e39 Theme Week. I mean even the most expensive one of the bunch is half of the original sticker price and these have all the bugs worked out and are ready to run.
Hooniverse led me to this eBay ad, selling a 1984 533i with a Dinan turbo system. I love E28s with their could-only-come-from-the-80s styling. Whether it’s the best looking 5 series is a matter of personal preference, but the negative rake on the front and rear and the pronounced Hofmeister kink reek of good times with 80s junk bond money and listening to Genesis. I can’t quite wrap my head around the Dinan work on this one… 400 hp out of a 533i? Terrifying. The bonus here is that if you bump into something, it comes with a running parts car! I like the 535is a lot with its M5ish body kit, and free is a great price, even if it has an automatic.
The Dinan car looks to be in good condition inside and out, though the body kit from the 535is/M5 would make it much sexier without losing much of its sleeper status. The engine bay is amazingly clean, though 183k miles on a turbo engine, even the solid M30, is a lot. The 535is looks fine if a little rough, also having worked its way pretty far up the odometer.
This is not going to be a work-free purchase. That doesn’t mean it’s a bad one; if you’re prepared/experienced for some E28 maintenance, this could be an awesome find. I can’t help thinking the Dinan car would be better served if it were advertised by itself, as I spent more time confused by the weird 2-for-1 deal than in awe of a 400hp E28. Also weird, though cool, is the option to choose what wheels come on the cars (go for the BBSs!). Weirdness aside, they’re cool cars that could give someone a fun time, though they sit on eBay at $8,000 at time of writing with no bids and 2 days remaining.
Ben and Evan have sourced a few interesting BMW 2002s in the past few days and adding on to those, I have come across a strikingly original 1972 BMW 2002tii.
Short description from the seller:
Original California car with same owner for 25 years(with records). Rare Tii with working AC and Sunroof. White with original tan interior. Very good condition inside and out. Some small splits on dash and driver seat. Upgraded 5 speed tranny. Great running car!
While restored 2002tii’s are bringing well over $20,000 these days, this is a pretty honest original that, with a little bit of tidying up, could serve either as a daily driver or for weekend amusement. This particular example is made more desirable by the slim bumpers and round taillights, both hallmarks of early 2002s. It should be noted that the original color of this vehicle was not white, but Tundra, as witnessed by the color tag right above the build plate. This is evidenced most clearly by the picture taken of the engine bay.
The holy grail. As far as epic German cars go, few exceed the desirability of the E30 M3. If you need to know why, please ask, but I’m guessing most of the readers here need no further introduction to my favorite car, so I’ll let the pictures do the talking for now.
I’ve seen this exact M3 on eBay before, and while it’s not some racer/tuner/showcar, I like it a lot (perhaps because it seems like such a driver). M3s look good in any color, but I like them in the classic German racing white. 146k miles is ok but not great, as I’ve heard E30 M3s with more than 100k are asking for some serious service. This one looks well taken care of though, with a lot of thorough mechanical attention and upgrades. Apparently it needs a cat before it’s CA legal, but if you’re in a state with less stringent emissions standards (read: all of them), leaving the header-back exhaust is probably a good and loud option. Of note is the price: people go on and on about E30 M3s going for $20k and up, but perhaps this $12.5k Buy-It-Now represents a softening in the market. Soft or not, these cars are established collectors items and this is a killer deal on the best car ever.
This 2002 is being sold by someone who appears to be new to eBay, it looks legit, but as with any low feedback sellers be wary.
The description is good about what has been done to the car, but is lacking in information about race history, which is crucial when selling a racer. We really need to know what series the car was campaigned in, if any, SCCA, SVRA, HSR, etc. How many hours/races are on the motor? Giving previous lap times at tracks also can be good to include when selling a race car.
The seller mentions that the sale includes a “vintage SCCA log book”, but it isn’t clear if this is just any old log book or if it shows history that this car was raced when young. Looking it over it does not appear that this car was raced years ago, but instead converted much more recently. A car with genuine vintage race history will bring a higher price and also be welcomed at more vintage racing events.
A new owner wanting to campaign this should really talk to the current owner and check the rulebook for any potential race organization they plan to race under. The preparation on this car definitely looks like a weekend wrencher so it is possible it was just taken out for rental track days. This might mean it will need a number of mods to qualify for a group like SVRA. A potential buyer could also see if the current owner has any spares stashed away that could be negotiated into the purchase.
The body does look solid and this could be pretty fun to zip around in off the track too.
From the seller, here is a description and a list of modifications:
Suspension *Carerra Coil Overs Front with extra springs*Bilstein Shocks*Race Springs*Super Oversize Sway Bars*Rear Adjustable Oversize Sway Bars
*Adjustable Camber Plates Front ENGINE *300 Degree Alpina Euro Cam *10 to 1 Dome Top Pistone *Bored 20 or 40 over *Modified Baffled Oil Pan *32/36 Weber Carb *Modified Jets in Carb *Polished Intake *Headers *HOT Coil (Top End Performance) *Carter Hi Volume Fuel Pump (Top End Performance) *Pertronix Ignition *Electric Radiator Fan *Special “Tropical” Radiator (La Jolla Independent) *Light weight fly wheel *New Crank Bearings DRIVETRAIN * 5 Speed 275 Gertrag (320i transmission) *Shortened and Balanced Drive shaft *410 Locked Rear End INTERIOR * Reccaro Seats *Performance Steering Wheel *5 Point harness *Roll Bar welded and bolted *Roll Bar tied to the rear shock towers (Stiffens rear suspension) *Large Dead pedal *Gauges / Toggles / Push button start *Stripped rear and no carpet EXTERIOR *Nice Race white paint *NO RUST interior or exterior *Vintage Wheels 2 sets *Race slicks Hankook *European Front Marker Lights (flush for better aerodynamics) *New BMW logo’s *On Off Battery Switch OTHER *Battery in trunk *Stainless Steel Brake Lines *Headlight Housings available *Vintage SCCA LOG BOOK *Front Spoiler with brake duct vents *INCLUDED IN SALE IS THE Tii FUEL INJECTION *NOT INCLUDED IN SALE but available is a tandem wheel trailer with electric brakes
Similar to the 1997 M3 sedan that Nate sourced a few days ago, here’s a clean, low mileage 1998 M3 sedan over at the BMW Car Club of America marketplace. It’s a rather rare shade – Dakar Yellow. Fear not, enthusiasts, this one has a proper 5 speed manual gearbox.
heated manual seats, a few tasteful mods, all maintenance up-to-date, owned since 6/01, garage kept, superb condition, extremely clean.
Like Nate, I love these cars. Having driven a few E36 M3 coupes and sedans in my day, I can say that it is by far one of my favorites, provided the example comes with three pedals. I was never enamored with the E46 and E90 series M3s, but this kind of reflects my thoughts on most of the BMW lineup as of late. With all the electronic wizardry and added weight, these newer M models have kind of lost the plot. While they are undoubtedly excellent machines, the E36 embodies everything that was right about the old BMW. Crisp lines, legendary powerplants and God’s own handling.
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