Usually, the M5 is the top dog of the BMW 5 series range. This model has been with us for almost a full three decades now, dazzling enthusiasts with supercar performance in a sedan package. When the E34 series debuted in 1988, the second car to wear the M5 badge would appear shortly thereafter, with a 3.5 liter inline-6 under the hood, good for 315 horsepower. The M5 would be pulled from the US market after the 1993 model year. Then, in the final year of E34 production, we would see a new model emerge for 1995: the 540i M Sport.
The 540i M Sport would be a sort of preview towards what BMW was planning for the M5 of the forthcoming E39 generation. With a new series of V8 engines in the BMW product portfolio, the company took it upon itself to create a sort of modified M5, with a 4.0 liter V8 under the hood mated to an available 6-speed manual gearbox with a few styling tweaks, firmer suspension and sports seats. Today we’ll look at two powerful E34s, beginning with this 1991 M5 for sale in Ontario, Canada.