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There is something inherently appealing about buying an older car. If you’re willing to forgo the glam and glitz – and importantly, the warranty – of a new car it’s amazing the deals that you can get. A Volkswagen Phaeton is basically a Bentley underneath, and you can get a decent example for only $8,000 today, for example. Of course, in doing so you’re taking some risks – older cars are a great deal up front, but you’re buying something that has been used – so of course, there will be some issues. Or, in the case of really complicated cars, a lot of issues. For example, I can’t imagine what the used car market on the brand new S-Class cars is going to be in a few decades. They are going to be close to throw away cars because no one is going to be stupid enough to want to fix all of the massively complicated electronics on them as an independent and no one will be able to afford having the dealer fix them up. Back up a few decades, of course, and cars weren’t nearly as complicated so it’s at least easier on the surface to contemplate what was a cutting edge car with a lot of miles; in 1988, it didn’t get much more cutting edge or appealing than the BMW M5:
Some pristine examples of the standard 535i have cropped up recently, and today’s is a shining example of why these were such popular sports sedans in the 80s. With black on chrome, it’s not quite as sinister as the M5, but what I would give for my E28 to be as clean as this! With just 114k miles, the M30 has barely reached puberty, ensuring that you can buy this 535i and have years of looking classy ahead of you. With a starting bid of just $5k and this kind of condition, this could be a great classic value for the right buyer.
When did the BMW tuning crowd become the new Volkswagen tuning crowd? I must have missed the memo, but it appears that it certainly went out. In my search for modified cars, I come across quite a few; it seems that for every well modified car, though, there are a few examples that leave you wanting for more. More attention to detail, more refined taste, and in some cases more money spent. That money doesn’t have to be spent poorly – we’ve seen, for example, cars which aren’t the best examples but have great photographs somehow be more desirable than good examples with bad photos. Heck, in one Volkswagen post I even pointed out how the seller was at a car wash (and photographed the car there being washed – a new, and also completely pointless, Volkswagen tuning crowd trend) but then failed to vacuum the car out. Well, it would seem that some of the hallmarks of the Volkswagen crowd are spilling out into the all-too-popular 1980s BMW bandwagon. List out loud the details of this E28 and you’ll have the enthusiasts drooling; Zinnoberrot 535is with black leather, Brembo brakes, M-System II throwing stars, Bilstein and Racing Dynamics suspension, Alpina cam and cluster, and a custom 400 horsepower M30 under the hood. But in this case, I don’t think the result is greater than the sum of the parts:
We try to refrain from writing up total dumpster dives here on GCFSB, but sometimes it’s worth it to examine a car with potential – even if that potential ends up being parting out. This particular ruffian hits close to home, as my E28 M5 isn’t perfect but I will turn in my car-guy card if it ever gets anywhere close to this condition. The worst bits are the paint, lurking rust, and awful trunk that is minus one spare wheel/tire and carpet set but plus one hideous subwoofer. The seller claims it starts and runs cleanly, which is promising but not enough to dive in head first. I bought my 200k+ mile M5 to have a solid base that I could feel good about keeping on the road. If you are a BMW mechanic, this could be a cheap M5 for a long term project. Otherwise, it may end up as nothing more than a moneypit or a parts car.
Enthusiasts as of late have complained that the “M” brand has been diluted; it’s now possible to get “M” styling bits on just about every variation of BMW, making them both much more common and a little less special to see than the “true” M cars from the 1980s. Well, the reality is that BMW has been doing this all along; one of the best early examples of this is the E28 M535i. Effectively a continuation of the thought behind the E12 M535i, the E28 version was effectively mechanically identical to the normal production 535i. It carried the same either catalyst or un-smogged M30 producing between 180 and 218 horsepower, depending on the version. The brakes, suspension and transmissions were all seen on other models, too. But outside, the M535i got the M-Technic body kit and special TRX wheels that helped to set it apart from the normal E28s. At the end of the day, though, the M535i was mostly an appearance package; a M5-light, if you desired. But, they’ve got “M” associated with them, they’re a 1980s BMW, and they were fairly limited production; in the case of today’s example, it’s one of roughly 1,000 “DC89” Japanese market models that were automatic only. It’s no surprise, then to see strong bidding on a car that isn’t even in the U.S. yet:
