Sometimes we find cars we posted before return to the blog much later for sale by a different owner. Sometimes we don’t remember this. So that said I don’t think we have seen this particular M5 before, but we have seen a number of black E28s move through this blog.
This one has 214,000 miles, but only 25,000 on an engine rebuild and 1,000 on a valve job. The engine rebuild also saw the car see some go fast additions including, a lightweight flywheel and 3″ exhaust. The car also has a Dinan chip and Dinan Stage 3 suspension. 17″ rims and Euro headlights complete the nice look.
There are a few bits that need to be found, replaced, and fixed, but nothing that would prevent instant enjoyment from the purchase.
The car is sitting at $5,655 with bids and reserve not met.
There were only supposed to be 500 handbuilt BMW M5’s but BMW ended up making about 1270 total cars due to demand. This is car # 126 of the first 500. E28 chassis M5’s are the last of the handbuilt M/// cars.
It has 214k on the odo but only about 25k on the engine since a full rebuild by Fall Line Motorsports in the Chicago Illinois area. A good rebuild on these engines will run upwards of $10,000, which is why you never see them rebuilt. Timing chain and guides replaced, a lightweight flywheel was used in place of the stock unit for faster revs, a Fahey crankshaft hub was used for greater strength. SCCA style exhaust was custom built with high flow cat, 3″ mandrell bent pipe and stock M5 muffler. http://www.fall-linemotorsports.com/
Valve adjustment just done 1k ago.
The head work was done by Chuck Stickley from CSS Motorsports http://www.cssmotorsports.com/
Chuck builds BMW engines and races professionally in SCCA competitions. The headwork alone ran $3,500 and is fully ported and matched with a full angle job. A Dinan exhaust cam gear was used in place of the factory peice for better torque response.
The car was also converted at Fall Line to a Split Second Mass Airflow system with both ARM1 & ARC 2 systems replacing the stock airflow meter. There is also a custom aluminum air filter cover included that was fabricated to shield the filter from engine temps. It is easily removable and secures with a Dzus fastener. More info here regarding the Split Second conversion: http://www.splitsec.com/spike/bmwm5s/spikem5.html
This system allows for manual overide of air and fuel levels and is easily adjusted to account for intended driving conditions.
Dinan 10 Point car and has been “Badged” as such by Dinan Engineering.
Stage 3 suspension system: SLS delete, adjustable sway bars, Dinan springs and fixed negative camber plates front and rear set the camber at about -2 degrees. Rear struts are also Dinan Bilstein peices that are height adjustable.
Dinan exhaust cam gear.
Dinan ECU Chip. Car also comes with factory chip.
This is quite a clean looking M5 for being a three owner car. The seller says it has never seen winter roads and has been in a garage all its life. With only 40,000 miles those three owners sure didn’t use it to commute very long. The car has some mild upgrades including the Dinan S1 package, with exhaust and intake. It also has a set of deep dish 20″ rims and aftermarket angel eyes. The clutch and flywheel have been replaced at 30,000 so they should be good for awhile. The engine bay looks amazingly clean.
The car is at $22,000 reserve not met. As long as the reserve isn’t set more than $10,000 from this, you could take this car and drive it for a few years and then sell it with out much depreciation as long as you take care of it.
My favorite generation of the BMW M5 is the late 80s E28. That is, until I see an E39 roll menacingly by, then it’s definitely the E39. Well, until I see something like this beautiful E34 pop up on eBay. Damn, these are good looking cars. The last of the hand-built M cars, they also carried over the M1/M5/M6 inline-6, displacing 3.5 liters. Power was up to 315hp, and the clean early 90s styling make it one of the most subtle M cars. It’s beautiful and fast, exemplified by this low-mileage version that showed up on eBay.
This really is one of the most gorgeous E34s I’ve seen. Though I normally go for darker/subtle colors, I think the red is awesome. It’s wearing some of the best BMW wheels out there; I’ve seen these look amazing on everything from E30 M3s to E38 7-series. The Dinan chip and suspension are tasteful upgrades that make it a bit better without overdoing it. To top off the total package, it only has 55k miles. This total package comes at a price, however, and the Buy-It-Now is set at $20,750. A lot of money for sure, as there are other E34 M5s out there for 1/4 of the price. On the other hand, those cars probably suck. There are E34 540i’s going around $15k, and considering the nature and condition of this car, it’s not exorbitant. Hand-built, sexy 90s Teutonic speed for the price of a Honda Civic sounds good to me.
I’ve seen a few X5 4.6is models for sale over the years with the full monty fender flared, engine beefed up, stage 3 Dinan package. I haven’t seen one on the market this week, but in lieu of that here is a slightly less modified Dinan optioned X5.
This one has Dinan throttle body and air box, Dinan engine and transmission software upgrade, and custom dual exhaust.
The owner has also added aftermarket HIDs and angel eyes. The monster 20″ chrome rims and 315 width tires out back hint at the trucks street, not off-road, performance. Dark tint all around compliments the blacked out look.
The SUV, with 94K, is in San Diego and the seller is looking for $17,000. If it is in as good condition as it looks and an inspection and history checks out, that seems fair priced.
We’ve seen how the market treats previous generation factory Dinan M5s well, here is a chance for a more recent take. You’ve seen it all before, someone selling a “Dinan” BMW, when really all the car has is maybe a couple bolt on bits the owner slapped on in their driveway along with a Dinan badge. This however is what happens when the work is done by professionals paid for by someone with deep pockets.
This E60 has Dinan’s S3 stroker kit under the hood. Which takes the 5.0 liter V-10 up to 5.7 liters and 628 hp and 482 lb-ft of torque. This upgrade will set you back a cool $40,000. This particular M5 also has another $30,000 put into Dinan intake, suspension, and exhaust work. So what you have here is an owner who wanted an ultimate 4 door sedan and was comfortable dropping around $200k to get there.
The car does look good in its Indianapolis red paint scheme (and I’m not a fan of red cars), the body color matched red line wheels are a nice touch.
Built in radar detection is clearly a must. What really set this car into the drivers category is that the owner decided to go with the 6 speed manual instead of sticking with the more popular SMG transmission. True enthusiasts will really find this a plus. I can’t help, but think that with all that extra power the SMG might make life a lot easier if this was to be a daily driver as opposed to weekend escape car.
The dealership selling the car, Chicago Motor Cars has all the receipts for the work done which should help the sale. With a buy it now price of $89,800 a new owner can take home this under 20,000 mile car and basically get almost $100,000 of top notch custom parts and labor for free. The only slight draw back is unlike some other Dinan parts the S3 kit does void the factory warranty and the Dinan warranty only provides two years of coverage. Still with a well established company like Dinan and reputable installers Performing Imports out of Alpharetta, Georgia, you can be assured that the intention was for this vehicle to have a long life if maintained and not abused. Be advised though in terms of maintenance, one of the receipts shows that just a simple oil and filter change cost $239.
Partial List of costs for the upgrades:
DINAN HIGH FLOW COLD AIR INTAKE WITH MASS AIR METER FOR DINAN STAGE 3 HIGH PERFORMANCE ENGINE $2499.00
SOFTWARE UPGRADE $100.00
DINAN STRUT TOWER BRACE $2500.00
DINAN 5.7LITER V10 M STROKER MOTOR! $39995.00 + $4000 INSTALL
DINAN HIGH FLOW THROTTLE BODIES $2999.00
DINAN FREE FLOW EXHAUST SYSTEM $2599.00
DINAN STAGE 2 SUSPENSION SYSTEM $972.00
DINAN FRONT MONO BALL KIT $699.00
DINAN STAGE 2 BRAKE SYSTEM $7190.00
HEADER GASKET $149.40
LIMITED SLIP DIFFERENTIAL $2999.00 + INSTALL $3717.00
RACE PIPE $1500.00
HIGH FLOW CUSTOM PERFORMANCE HEADERS WITH CATS $3499.00 + LABOR $2397.00
STAGE 2 HIGH PERFORMANCE ENGINE SOFTWARE $1999.00
M CARBON FIBER LOOK 5 SPOKE WHEELS $2500.00
AC SCHNITZER ALUM PEDALS $800.00
PASSPORT BUILT IN RADAR SYSTEM $2600.00
LABOR FOR ALL PROFESSIONAL WORK PERFORMED $15000.00
Here is a video from the folks at Dinan showing the V-10 Stage 3 kit and what it can do:
It is a full Euro spec car with only 24,000 miles. It has Dinan add ons including Stage III suspension, intercooled turbocharger, Borla exhaust, and Brembo brakes. Quite a bump up in horsepower from the stock Euro trim 286. One owner cars like this don’t turn up all that often.
I always have a soft spot for vehicles that once held the title fastest production sedan in the world.
Mercedes and BMW sure had the cool headlight wiper thing figured out. The twin arm design on the M5 is similar to that found in vertical orientation on another fastest sedan in the world, (and perhaps godfather of all the German Q cars) the 300SEL 6.3.
I’m not really sure if the modifications made to the car hurt its collectible value. I doubt it since they are contemporary with the time the car was new and done by a reputable BMW tuner.
Its expensive at a priced reduced $29,900, but I wouldn’t mind having it in my garage for sure. Its listed in Hemmings at $31,900.
From the seller:
1986 BMW M5. European specification model. Only 24,000 original miles! This superb example features flawless “Diamond black” paint with gorgeous brown water buffalo leather. With only one owner from new, this Dinan-prepared M5 features an inter-cooled turbocharger and Borla stainless exhaust system, the combination of which produces an impressive 462 horsepower! A stage III suspension package and Brembo F-40 braking system with drilled rotors makes this a true “Ultimate Driving Machine” experience. In addition, thermostatically controlled transmission and differential coolers have been fitted to the car. The usual 5-series amenities of air conditioning, power windows, door locks and factory sunroof add to the comfort and convenience of this ultra-high performance sedan – a true sports car with four doors. All EPA and DOT certification papers are available.
Our M5 was imported by its one and only owner and all certification paperwork comes with the car. Even the original German ownership document is available! All upgrades were completed in California by Dinan, the preeminent company for BMW performance enhancements. The turbocharger brings the horsepower up to 462! The differential has been converted to a 3:91 from the original 3:73. New clutch in 2005 and the turbo was rebuilt in 2006. Split Second control for air/fuel mixture has been installed in lieu of the air flow meter. Surely this is among the finest, lowest mileage early M5’s anywhere and could certainly be unique with its upgrades. Lastly, the car has been thoroughly inspected and completely detailed by the TLD staff.
For those of you who know, this car needs no introduction. For those of you who don’t, this is the BMW tuner DINAN’s second car ever built.
1978 BMW e21 320i converted to 333i
Approximately 35,000 miles on the original odometer. The car came with a certificate of authenticity/validity of the odometer, but the OD stopped working shortly after purchase. This car has never been a daily driver though, so current mileage estimates are probably no more than 50k. The certificate is no longer available.
3.2L Turbo charged M30 “big six” motor, non-intercooled, no BOV or DV valve.
The turbo is a t3/t4 hybrid, currently boosting 9psi with full boost achieved at 2500 rpms
I’ve been following a discussion on BimmerForums about the car and most in the know agree it’s worth $8k, even if the pictures and exact details aren’t perfect. While I agree in terms of the effort that took place to assemble, but the interior pictures are a little scary with seats that need recovering, center console with wires hanging out, and a sad and worn steering wheel. But it would likely cost at least $8k to get a similar car together, and this one is low miles with a history.
As a tuner, Dinan is so respected that their parts are sold and installed at BMW dealerships in North America — and they don’t void the warranty! So if this car represents the early history of the tuner, it could be a really cool pickup and should be a car that climbs in value with the continued success of the company.
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