Any time I step outside of the 911 market I’m almost always amazed by what else can be had for fairly reasonable prices, even when the other cars themselves are found within escalating markets. I think we’re all familiar with the market for the e30 M3 and how that has gradually dragged values of other similar-era M cars upward. Enter one such car: the e28 M5. There are few cars identified with a particular model segment moreso than the M5 is with the performance saloon. If you want a fast sedan your first thought is probably German and very likely the M5. These were the cars that really got things started and even today they look good and can offer an excellent driving experience. Their proportions are spot-in with a litheness that few modern cars approach and much of the appeal surrounding any of these cars is derived from that pared down aesthetic. They were built with a purpose and with little waste. The example here may provide a litmus test for how much the market for these wonderful machines has been raised: a 1988 BMW M5, located in California, with 94,720 miles on it.
