The M5 might not have been the original super sedan. It wasn’t even the first hot 5-series. But just like the GTI is synonymous with the hot-hatch segment, the M5 became the standard by which all other super-sedans were judged the moment it rolled onto the scene in 1985. Power seemed other-worldly; 280 plus horsepower from the race-derived M88/3 hunkered down with beefy suspension upgrades and huge (for the time) alloy wheels linked with a limited-slip differential. At a time when “fast” cars had 180 horsepower, BMW’s first M-offering in the sedan range might as well have been a space ship.
BMW promised limited production for the U.S. market, too – and, indeed, only 1,239 were produced for the U.S. with the slightly de-tuned S38. Unfortunately, that was 700 more than BMW had promised to make, and that led to a lawsuit. It also wasn’t very long before the M5’s power reign was eclipsed; first by its replacement E34 model, then by the whole range of new V8 models emerging on the market, from the 1992 Audi V8 quattro to the 500E. Values quickly fell as these old-looking (even when new) boxy rockets fell out of favor, and they remained there for quite some time.
But recently there’s grown a much greater appreciation for all things 80s M, and though the E30 has grabbed the headlines as the market star, outside of the M1 it is the E28 M5 that was brought here in fewest numbers. Even fewer have survived, and finding clean, lower mile examples can be tough. This one appears to tick the right boxes:
Every once in a while, something sneaks under the radar and offers a great opportunity to grab a quality classic for a relative bargain. Perhaps posting this blows up that chance somewhat, but odds are with only a few days left, Sars-CoV-2, and the recent stock market crash, you’re not in a position to drop everything and buy an extra car on a whim – but hey, who knows? And this one is a doozy.
What we have here is a rather inconspicuous 1995 M5. That means it’s a Euro car automatically, and yep, it’s a 3.8 liter S38 coupled to a six-speed manual. And, just like the last one, it’s my favorite Daytona Violet! But this one is a sedan and it doesn’t look like the best example out there, so what’s the draw? It’s a no reserve auction.
BMW’s second generation M5 followed the same recipe as the outgoing E28; manual transmission, rear-drive, howling inline-6 under the hood. But the E34 was far from a copy of the car that was really credited with being the first super sedan. BMW upped with power first with the 3.6 liter version of the S38; though the increase in displacement was a scant 82 ccs, the result was impressive. BMW Motorsport GmbH fit a new cam, a higher compression head, and a new engine management system to yield 311 horsepower at a rev-busting 6,900 rpms. They weren’t done.
In 1992 M upped the capacity again, this time to just 5 cc shy of 3.8 liters. Even higher compression, a further revision in electronic management, and a few other odds and ends now netted 340 horsepower and 300 lb.ft of torque. Again, they weren’t done. Perhaps tired of Audi cornering the go-fast-5-door market with their 200 20V Avant, in 1992 BMW launched the M5 Touring. Production began in March 1992 and ran through 1995. All E34 M5 Tourings were left-hand drive 3.8 models, and a total of 891 were produced.
BMW opted not to bring the enlarged motor or the M Touring model to the United States, as the 540i took over the top rungs of North American production. But now legal for importation, these rare Ms have been trickling in:
I promise that this post wasn’t by design, but rather is completely a coincidence that it follows hot on the heels of the neat supercharged E34 540i 6-speed from yesterday. How do you possibly trump that potent hot rod? Well, starting with a M5 is probably a good bet.
If the E34 was a potent athlete, the E39 comes across as a consummate professional. It was immediately the new benchmark for sports sedans once again, and when BMW finally did make the call to bring a M5 to market they produced what many consider to be the definitive driver’s car in super sedan form. Whatever you had from the period, the M5 was just plain better. With 394 horsepower kicking out of is snorting S62 V8 and mated solely to a 6-speed manual transmission, it was hard to conceive how that package could possibly be improved upon.
That didn’t dissuade Steve Dinan, though. His S2 package fixed a car that wasn’t broken according to Car and Driver. Power was up to a massive 470 yet the car was still naturally aspirated. Bigger, better intake was met with bigger, better exhaust, and the whole package was kept up with bigger, better suspension and slowed down with bigger, better brakes. It was…well, bigger and better. 0-60 was dispatched in a tick over four seconds and it would do a standing quarter-mile in 12.7 seconds. These numbers won’t scare a Dodge Demon, granted, but are still really respectable today.
Of course, if “respectable” isn’t quite enough for you and you really need to surprise that Demon driver…