The recent subject of Jalopnik’s great “Nice Price or Crack Pipe” feature, today’s 1995 E34 540i is a clean example of one of the first V8 5-series. While not the coveted M-sport 540i, it does come with a similarly-rare 6-speed transmission, offered only in 1995, which is sure to bring plenty of fun with the willing and torquey 280hp M60 4-liter. It looks very straight inside and out, and while the white-on-white may not be everyone’s cup of tea, it definitely looks like a nice to place to be. My college rowing coach had one of these exact models but in dark blue and commuted 100 miles a day in it for 10 years. He eventually went to a diesel Benz for the auto, but praised the 540i’s speed and comfort for the long haul. Providing the same torque as the E34 M5, this is a great way to get 6-speed fun and clean E34 style without too much hassle or M-premium.
1995 BMW 540i 6-speed for sale on bimmerforums
From the seller:
I have a clean title alpine white E34 1995 540i 6-speed with 112k miles. It is mostly stock with the original radio and cd changer in the trunk. Dove interior with both oem and black bavauto floor mats. Spare tire, factory jack, and tools all accounted for.
-Oil Changed every 3k with mobil1
-Flushed Cooling system with BMW coolant
-Flushed brake fluid with ATE Super blue
-New Fuel filter and spark plugs
-New Akebono brake pads
-New front and rear rotors
-New motor mounts
-New Oil pan gasket
-New Valve cover gaskets
-New Water Pump
Along with many other various things I cant remember
-20% tint with lifetime warranty
-DDM 55w 4500k HID kit
-Clear corners (still have the ambers also)
-Power coated valve covers
Muffler delete has to be fun to hear the M60 roar. The modifications aren’t overdone and I dig the badgeless rear. With 84% of Jalopnik voters giving it “Nice Price,” I think I’ll agree and call this a good deal for some nice, lower-mileage German speed.
With the popularity of the BMW X3 and X5 these days, the BMW 5 series wagon has taken a backseat to the sport utility vehicle craze and, it was recently announced that the newly revised F10 (we’re not using the E prefix anymore) 5 series wagon will not be coming to the US. Instead, we’ll be left with the newly developed 5 series Gran Turismo, which, from what it appears to me, is trying to be a sedan/SUV/wagon all in one. Whatever it is, when I saw it in person, it just didn’t work for me. It’s too big for my tastes, which is sadly the case with most new cars these days.
Let’s take a look at simpler times, when you could have a good, honest BMW wagon with a V8 and rear wheel drive:
The seller states:
2000 BMW 540iT Wagon, Sunroof, 6-CD Changer, Alloy Wheels, Remote Start, Navigation. 66,992 miles
With no reserve, the bidding is still under $10,000, which is a steal for a car with this much hauling capacity and power. Just the thing for that trip to the Hamptons. And an even bigger question looms: will the Hamptons embrace the Gran Turismo as much as they have the 5 series wagon in the past?
A true e34 540i M Sport is a rare beast, and here’s one for sale in San Francisco for $15k on Craigslist:
quote from seller’s Craigslist posting:
This is a real 540i M-Sport. One of 200 made, last of the E34 body cars. Making this one even more rare, it has a manual transmission and all available options on top of the $7600 M-sport option. (ASC+T traction control, heated seats…) BMW went to the M5 parts bin with these M-Sport cars and put all of the M5 parts on it except for the Engine/Transmission, instead it recieved a 4.0 V8 mated to a 6-speed manual.
I think these are fantastic cars. But being in a used sportscar slump with the economy in the toilet, one has to wonder if the $15k asking of this car is a bit optimistic. After all, an e34 M5 of the same vintage, mileage, and condition trades hands in the same neighborhood. Sure the S38 will cost more in the long run, but how much more?